clip: FOXNews 'The Verdict'--- Supreme Court Judge Napolitano: free speech and warrants
topics: George W. Bush resume-- track Bush's career from the early arrest in Massachusetts; through Texas National Guard; his "lost" Texas criminal record; ownership of the Texas Rangers; sealed records (at George H. W. Bush library) in Texas of his governorship and involvement with investigations of companies such as Enron; and on to his more current international debacles including his push for peace in Israel and Palestine sending Condoleeza Rice for a visit
Trent Lott and John Ashcroft: bowing out of the spotlight
advertisement: book--"Patriots Surviving the Current Collapse" call: 1-800-724-2719water purification system-- Berkey Light: $209 without the light; $259 with the light-- ask for bonus sport bottles
HR 1955 Jane Harmon bill moves to Lieberman Homeland Security Committee and in senate as SB 1959--- Ralph E. Shaffer and R. William Robinson article at History News Service
markets: the dow/ chicago merc/ the dollar drops/ gold @ $830 per oz
2nd hour:
www.commondreams.org Paul Krugman covers Gallup Poll report: "Americans' Economic Pessimisms Reaches Record High."; UPI: "forecast: dollar could plunge 90%";
Trent Lott announces retirement by end of year; second ranked senator leaves mid-term
callers:(1): government debt + Federal Reserve; (2):black nobility- the thirteen families; (3): congressional member investments similar to those considered illegal by Martha Stewart; why do representatives spend millions campaigning to earn paltry official salaries (Trent Lott leaves 5 years early???)
Mike Whitney stock market report: programmed trades may cause collapse
UK resident Pritchard: Asia: global credit crisis causes pull out of risky investments;
China calls halt to some bank lending through end of year-- "China Freezes Lending to Curb Investing Frenzy"- Wall Street Journal;
ECBC suspend interbank (interdealer) market-making in covered bonds (backed by assets on buyers balance sheet) until today- Reuters;
Schwarzenegger freezing rates on ARMs (Adjustable Rate Mortgages);
Paulson caused some trouble announcing that the nature of problem bigger next year due to no ammoratization and no down payments;
derivatives $5 trillion in the hole; analysts quietly announcing coming collapse/ recession/ depression; fiat currency proponents; hostile takeovers still occur- not referred to as such any longer
Trends Research Institute; housing lending losses