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Date Sent: 2009-02-07
Freedom's Phoenix Headline News for Saturday, February 7, 2009 AM Edition
 
Senators reach deal to cut bailout bill to $780B -- Merciless robots will fight future wars

New GOP Chairman accused of misappropriating funds to his sister -- Venezuela's Jews fear more attacks -- Homeland Offense - by Kelley Beaucar Vlahos -- Reason TV interviews John Stossel -- Judge clears dead Texas man of rape conviction -- Obama considering at least 2 Iraq withdrawal plans -- Minnesota Cop rams van with Father and three kids in it -- $6 Trillion Lost: The Harsh Impact On U.S. Consumption Of Lost Home Equity -- Nouriel Roubini warns against Japan-like L-shaped near-depression -- Meredith Whitney: $250 billion in risky assets at BofA and Citi alone -- News Corp. reports $6.4 billion loss -- 'Shock and Awe' Needed to Combat Recession: El-Erian -- Japan could serve as a lesson to the United States -- Sign Up and Take the Freedom Message to Mainstream TV! -- FDA OKs 1st drug from genetically altered animals AZ: Arizona Breakfast Club today; CameraFraud Protest today
 
New GOP Chairman accused of misappropriating funds to his sister News Link  •  Politics: Republican Campaigns
 New GOP Chairman accused of misappropriating funds to his sister
2-7-2009  •  Washington Post 
Michael S. Steele, the newly elected chairman of the Republican National Committee, arranged for his 2006 Senate campaign to pay a defunct company run by his sister for services that were never performed, his finance chairman from that campaign has t  Read Full Story
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Reported by: Powell Gammill
The Fierce Urgency of Pork<br>by Charles Krauthammer News Link  •  Economy - Economics USA
 The Fierce Urgency of Pork
by Charles Krauthammer
2-7-2009  •  Washington Post 
An ostentatious executive order banning lobbyists was immediately followed by the nomination of at least a dozen current or former lobbyists to high position. Followed by a Treasury secretary who allegedly couldn't understand the payroll tax prov  Read Full Story
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Reported by: Powell Gammill
Police State Keynesianism: Stimulating Tyranny<br>by Will Grigg News Link  •  Police State
 Police State Keynesianism: Stimulating Tyranny
by Will Grigg
2-6-2009  •  Pro Liberate 
There's no way to know how badly things would have gone at the Berwyn Heights, Maryland home of Cheye and Trinity Calvo if Amir Johnson hadn't shown up when he did. Johnson, a private on the local police force, was making his accustomed round  Read Full Story
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Reported by: Powell Gammill
Kleptocrats of the World, Unite!<br>by Will Grigg News Link  •  Economy - Economics USA
 Kleptocrats of the World, Unite!
by Will Grigg
2-6-2009  •  Pro Liberate 
His name isn't Barton, but he is certainly a Fink: Newly installed [tax dodging] economic dictator Timothy Geithner.  Read Full Story
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Reported by: Powell Gammill
Army Reports Rise in Suicides Will Likely Outnumber Combat Deaths News Link  •  Military
 Army Reports Rise in Suicides Will Likely Outnumber Combat Deaths
02-06-2009  •  Fox News 
The Army is investigating a stunning number of suicides in January �" a count that could surpass all combat deaths in Iraq and Afghanistan last month. According to figures obtained by The Associated Press, there were 24 suspected suicides in Janua  Read Full Story
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Reported by: Jim Stachowiak
DEA Chief: Winners Occasionally Use Drugs News Link  •  Humor
 DEA Chief: Winners Occasionally Use Drugs
2-6-2009  •  The Onion 
"Apparently," said Constantine, addressing reporters at Justice Department headquarters, "contrary to the DEA's long-standing conviction, drug use may not be limited solely to the domain of losers. It appears that some successful A  Read Full Story
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Reported by: Powell Gammill
Venezuela's Jews fear more attacks News Link  •  Israel
 Venezuela's Jews fear more attacks
2-6-2009  •  AP 
As President Hugo Chavez intensifies his anti-Israel campaign, some Venezuelans have taken action, threatening Jews in the street and vandalizing the largest synagogue in Caracas �" where they stole a database.  Read Full Story
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Reported by: Chip Saunders
Leon Lott’s Big Toy News Link  •  Drug War
 Leon Lott’s Big Toy
2-6-2009  •  The Agitator 
When I first read that Richland County, South Carolina Sheriff Leon Lott was planning to pursue charges against Michael Phelps, I thought the sheriff’s name looked familiar. Then I remembered, I wrote about him in the Citings section of our December  Read Full Story
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Reported by: Powell Gammill
Homeland Offense<br>by Kelley Beaucar Vlahos News Link  •  Police State
 Homeland Offense
by Kelley Beaucar Vlahos
2-6-2009  •  American Conservative 
Washington contemplates deploying the Armed Forces for domestic law enforcement. Americans have become so inured to the sight of federal troops fighting fires, rescuing flood victims from rooftops, and engaging in drug interdiction on the border  Read Full Story
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Reported by: Powell Gammill
Reason TV interviews John Stossel - Pt. 1 News Link  •  Media: Internet
 Reason TV interviews John Stossel - Pt. 1
2-6-2009  •  Youtue 
John Stossel is the best-known libertarian in the news media. As the co-anchor of the long-running and immensely popular ABC News program 20/20, author of a continuing series of specials on topic...  Read Full Story
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Reported by: Powell Gammill
Reason TV ad on the stimulous News Link  •  Humor
 Reason TV ad on the stimulous
2-6-2009  •  Youtube 
Are you an economy with performance issues? If you find it hard to achieve and maintain growth, maybe Stimulis is right for you. Take Stimulis once every election cycle or whenever you're in need...  Read Full Story
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Reported by: Powell Gammill
Kellogg's Drops Gold Medalist Phelps News Link  •  Entertainment: Sports
 Kellogg's Drops Gold Medalist Phelps
2-6-2009  •  The Agitator 
"Phelps’s behavior�"caught on camera smoking pot�"is “not consistent with the image of Kellogg.” This would be the same company that for decades has been encouraging children to start the day by inhaling sugar by the spoonful. It’s also the compan  Read Full Story
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Reported by: Powell Gammill
Judge clears dead Texas man of rape conviction News Link  •  Criminal Justice System
 Judge clears dead Texas man of rape conviction
2-6-2009  •  AP 
A man who died in prison while serving time for a rape he didn't commit was cleared by a judge who called the state's first posthumous DNA exoneration "the saddest case" he'd ever seen. State District Judge Charles Baird  Read Full Story
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Reported by: Powell Gammill
Obama considering at least 2 Iraq withdrawal plans News Link  •  WAR: About that War
Obama considering at least 2 Iraq withdrawal plans
2-6-2009  •  AP 
The White House is considering at least 2 troop withdrawal options as it weighs a new Iraq strategy - one that would preserve President Barack Obama's campaign pledge to get all combat brigades out within 16 months and a second that would stretch  Read Full Story
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Reported by: Powell Gammill
Senators reach deal to cut stimulus bill to $780B News Link  •  Economy - Economics USA
 Senators reach deal to cut stimulus bill to $780B
2-6-2009  •  AP 
With job losses soaring nationwide, Senate Democrats reached agreement with a small group of Republicans Friday night on an economic stimulus measure at the heart of President Barack Obama's plan for combating the worst recession in decades.  Read Full Story
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Reported by: Powell Gammill
West Side CameraFraud Demonstration & Petition Signature Collecting Saturday Feature Article  •  Events: Arizona
 West Side CameraFraud Demonstration & Petition Signature Collecting Saturday
Powell Gammill
   Due to the large amount of requests for a weekend event, we will be holding our first SATURDAY demonstration / signature collection event on the Northeast corner of 91st Ave and Bell with plenty of room for parking. Signs provided if needed.
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News Link  •  Revolutions, Rebellions & Uprisings
 America Isn't As Happy As TV Makes It Out To Be...
2-6-2009  •  e-mail from Nina (Thanks!) 
WARNING: Explicit language, but it's how the man feels...  Read Full Story
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Reported by: Ed Vallejo
$6 Trillion Lost: The Harsh Impact On U.S. Consumption Of Lost Home Equity News Link  •  Economy - Economics USA
 $6 Trillion Lost: The Harsh Impact On U.S. Consumption Of Lost Home Equity
2-06-09  •  Forbes.com/ 
In 2001, a study by economists Karl Case, John Quigley and Robert Shiller found that almost all of the aggregate wealth effect came from changes in housing wealth, with very little resulting from changes in financial wealth.  Read Full Story
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Reported by: Jack Gregson
Nouriel Roubini warns against Japan-like L-shaped near-depression News Link  •  Economy - Economics USA
 Nouriel Roubini warns against Japan-like L-shaped near-depression
2-06-09  •  bi-me.com/ 
Keep alive zombie banks and zombie corporations with balance sheets and debts that haven't been restructured, as in Japan, and you end up in an L-shaped near-depression, Roubini said.  Read Full Story
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Reported by: Jack Gregson
Meredith Whitney: $250 billion in risky assets at BofA and Citi alone News Link  •  Obama Administration
 Meredith Whitney: $250 billion in risky assets at BofA and Citi alone
2-06-09  •  money.cnn.com/ 
To raise the TCE at the two banks to 5%, the government would need to pay around $150 billion more for those toxic assets than their current book value, for a premium of about 40%. That's a great deal for the banks, but a calamity for taxpayers.  Read Full Story
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Reported by: Jack Gregson
Leading Indicators Grim - OECD Composite for US, Europe and China News Link  •  Economy - International
 Leading Indicators Grim - OECD Composite for US, Europe and China
2-06-09  •  SeekingAlpha.com 
Consumer confidence levels in the US are now at levels comparable to those seen at the time of the 2nd oil crisis. The current rate of collapse has been very rapid and comes on the back of nearly a decade of stability following the DotCom crash in 20  Read Full Story
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Reported by: Jack Gregson
News Corp. reports $6.4 billion loss News Link  •  MEDIA (MainStreamMedia - aka MSM)
 News Corp. reports $6.4 billion loss
02-06-2009  •  International Herald Tribune 
The company also took a large write-down of $8.4 billion, about $3 billion of which reflected a decline in the value of the company's newspaper unit, which includes Dow Jones, the publisher of The Wall Street Journal.  Read Full Story
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Reported by: Ernest Hancock
Merciless robots will fight future wars: researcher News Link  •  Police State
 Merciless robots will fight future wars: researcher
02-06-2009  •  AFP 
LONG BEACH, California (AFP) �" Robots will be armies of the future in a case of science fact catching up to fiction, a researcher told an elite TED gathering on Wednesday. [Also, with no pre-conceived notion of who the enemy is]  Read Full Story
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Reported by: Justin Tyme
'Shock and Awe' Needed to Combat Recession: El-Erian News Link  •  Economy - Economics USA
 'Shock and Awe' Needed to Combat Recession: El-Erian
2-06-09  •  CNBC.com 
"You need a shock-and-awe approach to the banking balance sheets," said El-Erian, whose firm operates the world's largest bond fund. "You cannot do this through multiple rounds because people lose confidence."   Read Full Story
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Reported by: Jack Gregson
Val Kilmer ponders run for NM governor in 2010 News Link  •  Politics: Democratic Campaigns
 Val Kilmer ponders run for NM governor in 2010
02-06-2009  •  Boston Globe 
Fresh from the inauguration, actor Val Kilmer is pondering running for governor in 2010, when two-term Democrat Bill Richardson will be forced from office by term limits.  Read Full Story
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Reported by: Ernest Hancock
News Link  •  Communications
 Sign Up and Take the Freedom Message to Mainstream TV!
2-6-2009  •  e-mail from Trevor Lyman (GO MAN, GO!) 
Remember the record-breaking Ron Paul Money Bomb? Well Patriot Trevor Lyman is at it again!  Read Full Story
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Reported by: Ed Vallejo
Seven News Link  •  Drug War
 Seven
2-6-2009  •  NORML 
Since President Obama took office two weeks ago, the DEA has undertaken at least seven separate raids of state-authorized medical marijuana providers in California and Colorado.  Read Full Story
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Reported by: Brock Lorber
FDA OKs 1st drug from genetically altered animals News Link  •  Healthcare Industry
 FDA OKs 1st drug from genetically altered animals
02-06-2009  •  Yahoo News - AP 
WASHINGTON (AP) -- The Food and Drug Administration made history Friday as it approved the first drug made with materials from genetically engineered animals, clearing the way for a new class of medical therapies. (Gen. altered Goat Blood)  Read Full Story
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Reported by: Ernest Hancock
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