2012 Video Update - The Truth Revealed!

Government rolls out high-tech gun shot detectors

Allison Barrie

FOX News Gunshots ring out in the dead of night, and not a single person reports it. Yet police know exactly where the shots came from, even before they arrive on the scene.

It sounds like a scene from The Minority Report, but it's real. A new technology called ShotSpotter enables law enforcement officials to precisely and instantaneously locate shooters, and it has been

Collective Action to Prolong the Economic Depression

by Bill Bonner

The Daily Reckoning

Have yourself a merry little depression…

What’s this? Christine Lagarde, IMF chief, said last week that the world’s nations needed to work together to avoid a 1930s-style depression.

But seeing the way they work together…and where they seem to be headed…we’d prefer a depression.

The idea of the world’s authorities is not to solve the debt problem, but to make it larger. One bank goes bust; they get a bigger bank – a central bank – to bail it out. One country goes broke; they get a bigger country to bail it out.

The US bailed out its financial sector. Europe has

Las Vegas Sands building casinos in Japan?

Dec. 8 (Bloomberg) By Jacob Adelman and Kiyotaka Matsuda

Adelson, chief executive officer of Las Vegas Sands Corp., has for at least half a decade sought to reverse a ban on the gambling houses in the world’s third-biggest economy, only to be blocked by Japanese legislators arguing casinos would fuel organized crime and provide little benefit. Now, a group of 150 lawmakers plans to introduce a bill that could allow

Thomas Perez: Obama's one-man Gestapo

From a September 3rd, 2010 posting by Wes Vernon at Renew America

If you tried to help a "protected" Obama constituency, you had better hope that your best efforts didn't fail. The Gestapo will have you in its crosshairs.

This is not the Gestapo of the thirties-Germany variety so vividly portrayed by Hollywood long after the bright shiny black uniforms and man-sized flashlights of the SS became extinct and

Derivatives Market Growth Accelerates to 18% - $707.6 trillion!

By Masaki Kondo
Nov. 16 (Bloomberg) -- Growth in derivatives markets accelerated in the first half of this year, a report from the Bank of International Settlements showed today.
Notional amounts outstanding of over-the-counter derivatives climbed 18 percent to $707.6 trillion by the end of June, compared with the six months ended December 2010, when they increased 3 percent, the bank said in the report.
Interest-rate swaps jumped 21 percent to $441.6 trillion in the first half, accounting for 62 percent of the total amount, the report showed. Credit-default swaps rose 8 percent to $32.4 trillion, the BIS said.
--Editors: Jonathan Annells, Naoto Hosoda

Judge strikes down CITI Group / SEC deal

By LARRY NEUMEISTER

Associated Press

NEW YORK (AP) - A judge on Monday used unusually harsh language to strike down a $285 million settlement between Citigroup and the Securities and Exchange Commission over toxic mortgage securities, saying he couldn't tell whether the deal was fair and criticizing regulators for shielding the public from details of the firm's wrongdoing.

U.S. District Judge Jed Rakoff said the public has a right to know what happens