Wednesday, July 1, 2009

THE POWER HOUR NEWS | July 1, 2009


245 Congress members support Fed audit bill -- A couple dozen more members of Congress have signed on as co-sponsors to a plan from Rep. Ron Paul, R-Texas, that would subject the Federal Reserve to an audit, bringing to 245 the supporters so far.
Related Article: Ron Paul Wins Support to Audit Fed Reserve

Cap & trade bill will lead to capitol fight by Ron Paul -- In my last column, I joked that with public spending out of control and the piling on of the international bailout bill, economic collapse seems to be the goal of Congress. It is getting harder to joke about such a thing however, as the non-partisan General Accounting Office (GAO) has estimated that the administration's health care plan would actually cost over a trillion dollars. This reality check may have given us a temporary reprieve on this particular disastrous policy, however an equally disastrous energy policy reared its ugly head on Capitol Hill last week.

States brace for shutdowns -- Time is running out for the legislatures in Arizona, California, Indiana, Mississippi and Pennsylvania to solve budget gaps.

Worldwide Depression: Review of Global Markets by Bob Chapman -- As you have already seen this is a worldwide depression and no one will escape. Europe’s economy is already in a shambles as is the US economy. Inflation will rage all over the world, because every nation has created massive amounts of money and credit as demanded by US and British elitists. They have all overmedicated the patient. As the Broadway hit play of many years ago told us, we are going to have to go through a “Period of Adjustment.”

Could your post office be closing? -- As mail volume declines, the US Postal Service could shutter up to 3,200 post offices and retail outlets. Most people say they understand -- unless it's their post office.

America's Most Endangered Malls -- To gauge which malls are in trouble, U.S. News analyzed data from Green Street Advisors, an investment research firm in Newport Beach, Calif., that specializes in publicly owned real estate companies. Their data includes occupancy rates, sales per square foot, and quality grades for about 650 of America's biggest shopping centers. The average property in the data set has sales of about $420 per square foot and an occupancy rate of 92 percent, good for an A- grade.

US to provide more police, staff to UN Army -- The United States is prepared to provide more military observers, police, and civilian staff to beef up the U.N.'s far-flung peacekeeping operations, the U.S. ambassador said Monday.

Illinois Firm Recalls Ground Beef Products Due To Possible E. coli O157:H7 Contamination -- Valley Meats LLC, a Coal Valley, Ill., establishment is recalling approximately 95,898 pounds of ground beef products that may be contaminated with E. coli O157:H7, the U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS) announced today.

OSU Center for Health Sciences | Morgellons Disease

Top 10 best states for personal freedom -- These states were compiled by the Mercatus Center, a nonprofit public policy research center affiliated with George Mason University.

FDA panel: Eliminate Vicodin & other similar drugs because of side effects -- Government experts say prescription drugs like Vicodin and Percocet that combine a popular painkiller with stronger narcotics should be eliminated because of their role in deadly overdoses.

Doctor gets 8 years in prison for HIV/Medicare scam-treated patients who did not need it -- A Miami physician was sentenced Monday to eight years in prison after admitting he fraudulently prescribed HIV therapy for Medicare patients who didn't need or get the treatment, costing the government program millions of dollars.

Pentagon: Stop biothreats before they spread -- Viruses are spreading faster than ever — it took the Swine Flu less than a month to infect over 1,800 people in 72 countries. No wonder the Pentagon is looking to turbocharge the response to pathogens, stopping the bugs before they even start.

Oregon legalizes hemp cultivation -- Oregon’s House of Representatives voted Monday night to legalize the cultivation of hemp, becoming the sixth state to do so just this year.

Vaccine expert reveals what you should know before you roll up your sleeve -- Read Dr. Tenpenny's well documented findings in the form of questions everyone should be asking.

Did leak from lab cause swine flu pandemic? -- It has swept across the world killing at least 300 people and infecting thousands more. Yet the swine flu pandemic might not have happened had it not been for the accidental release of the same strain of influenza virus from a research laboratory in the late 1970s, according to a new study.

Swine flu vaccine close as Australian death toll rises -- Australian researchers Monday said a swine flu vaccine could be ready in months as the worst-hit Asia-Pacific country reported two more deaths linked to the virus, taking the total to six.

Talk show hosts may be accomplices under hate bill -- The Hate Crimes Prevention Act which has passed the House of Representatives by an overwhelming margin is now facing hearings in the Senate. There are already similar hate crime laws in place, however, this bill imposes much stronger federal enforcement, which is a clear violation of the Tenth Amendment.

Will 2 flus mix in Indonesia experts worry -- Indonesia's first cases of the new H1N1 flu have raised concerns that if the virus spreads it could combine with the entrenched and deadly H5N1 avian influenza to create a more lethal strain of flu. Even if this worst-case scenario did not occur, experts say populous, developing countries such as Indonesia, India or Egypt, where healthcare systems can be rudimentary, will suffer more deaths from the new virus.

Inquiry called into suppressed climate change report -- A top Republican senator has ordered an investigation into the Environmental Protection Agency's alleged suppression of a report that questioned the science behind global warming.

The Honduran coup: Another US destabilization program -- While publicly opposing the military coup that ousted Honduran President Manuel Zelaya on Sunday, the Obama administration on Monday indicated that it will not cut off aid to the Central American country or demand Zelaya’s reinstatement.

Email patterns can predict impending doom -- EMAIL logs can provide advance warning of an organization reaching crisis point. That's the tantalising suggestion to emerge from the pattern of messages exchanged by Enron employees.

DHS seeks volunteer guard for border drug war -- Senior officials say the Obama administration is developing plans to seek up to 1,500 National Guard volunteers to step up the military's counterdrug efforts along the Mexican border.

The emperor's seven signing statements -- Lawless detention is the least of it. State secrets and warrantless spying scrape the surface. Drone attacks and ongoing torture begin to touch it. But central to the power of an emperor, and the catastrophes that come from the existence of an emperor, is the elimination of any other force within the government. Signing statements eliminate congress. Not that congress objects. Asking congress to reclaim its power produces nervous giggles.