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Date Sent: 2009-06-03
Freedom's Phoenix Global Edition for Wednesday, June 3, 2009 PM edition |
Bernanke: Start work now to curb budget deficit! -- Bin Laden threatens Americans in new tape
More Woes for UK's PM as Fourth Minister Resigns -- From porn to political chaos, UK expenses row spreads -- U.S. recovery hopes face doubts on jobs, mortgages -- Foreclosures Unending -- New U.S. Afghan war strategy will cost billions, take years -- Reporters With Pom-Poms Cheerleading the Recovery -- Paul Craig Roberts: As the Dollar Falls Off the Cliff ... -- In another switch, Obama now open to taxing healthcare benefits -- Julian Robertson: “Depression and Explosive Inflation” Possible
-- Marines Train “Civilians” to Accept Coming Military Rule -- US
consumer confidence falls -- FIFTY MILLION RUBY RIDGE’S - by Dave
Hodges -- US to sell 'bunker buster' bombs to South Korea -- Food crisis & the global land grab
AZ: Antiwar activist Cindy Sheehan in Phoenix tomorrow and Friday
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News Link • Economy - Economics USA
U.S. recovery hopes face doubts on jobs, mortgages
06-03-2009
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Reuters
The United States may have hit a bump on the road to economic recovery, according to data with half a million private sector jobs lost in May and mortgage applications falling last week in the face of rising interest rates.
The reports illustrate the policy dilemma of the Federal Reserve, which has committed trillions of dollars to keep market interest rates low, only to watch them shoot higher in recent weeks.
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Reported by:
Powell Gammill
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News Link • WAR: About that War
New U.S. Afghan war strategy will cost billions, take years
06-03-2009
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McClatchy News
President Barack Obama's choice to take charge of the war in Afghanistan called "significant growth" of the Afghan army and national police the key to his strategy, but the annual cost of building and maintaining the existing Afghan force is more than four times larger than the entire Afghan economy.
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Reported by:
Powell Gammill
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News Link • Housing
Case-Shiller and CAR Housing Declines Since Peak - May Report
06-03-2009
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Michael Shedlock / Mish
In the 20 cities that Case-Shiller tracks prices have fallen from 11% (Dallas) to 53% (Phoenix). Price declines are highest in CA, NV, AZ, FL and Detroit. In all of the cities prices have now declined back to early 2000 prices
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Reported by:
Jack Gregson
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News Link • Motivation
The Call of the Entrepreneur
06-03-2009
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www.calloftheentrepreneur.com/
The Call of the Entrepreneur tells the stories of three entrepreneurs:
* A failing dairy farmer in rural Evart, Michigan
* A merchant banker in New York City
* A refugee from Communist China
Reverend Robert Sirico, author of The Entrepreneurial Vocation, joins Michael Novak, George Gilder and other experts in exploring how entrepreneurs shape our world.
Learn how Brad Morgan turned a failing dairy farm into a thriving business. Morgan overcame the odds against him, creating value and wealth from the dirt under his feet.
Frank Hanna is a merchant banker who explains how financial engineering not only makes credit more widely available to entrepreneurs today but also played a crucial role in the discovery of America.
Jimmy Lai
Fleeing Communist China and leaving his family behind at a young age, Jimmy Lai took a chance on a better life in Hong Kong. Lai explains that entrepreneurs, when taking risks, are "dashing into hope."
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Reported by:
Thomas Costanzo
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News Link • Science, Medicine and Technology
Livermore Super Laser
06-03-2009
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arclein
This potassium dihydrogen phosphate (KDP) crystal, weighing almost 800 pounds, was produced through a newly developed rapid-growth process that takes only two months, as opposed to two years using conventional methods. Each crystal is sliced into 40-centimeter-square crystal plates. More than 600 of these plates are needed for NIF.
A US weapons lab on Friday pulled back the curtain on a super laser with the power to burn as hot as a star.
The National Ignition Facility's main purpose is to serve as a tool for gauging the reliability and safety of the US nuclear weapons arsenal but scientists say it could deliver breakthroughs in safe fusion power.
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Reported by:
robert klein
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News Link • WAR: About that War
US to sell 'bunker buster' bombs to South Korea
6/02/09
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Telegraph co UK
America has agreed to sell "bunker-buster" bombs to South Korea capable of destroying underground facilities in North Korea. The laser-guided GBU-28 bombs were first used in 1990 during the Gulf War to destroy underground command centres in Iraq.
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Reported by:
Anonymous Watchman
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