(Telegraph) – Two police forces have begun trialling the sophisticated programme, which has echoes of the Tom Cruise film Minority Report, where psychics are used to stop criminals before they commit a crime.
The system, known as Crush (Criminal Reduction Utilising Statistical History) evaluates crime records, intelligence briefings, offender profiles and even weather reports, to identify potential flashpoints where a crime is most likely to occur. Continue reading →
(OregonLive) – Oregon budget stands at precarious crossroad
Oregon government stands at the edge of a financial chasm as precarious as any in its 151-year history, hemmed in by the global recession, questionable spending decisions and a budget-draining combo of skyrocketing expenses and sluggish growth. Read More Here
Anyone with a lick of common sense will tell you that when you are in a hole, you need to quit digging. Continuing to dig will only create a larger problem. Do schools teach this?
Even President Obama’s national debt commission recently told him that his continuing spending orgy is digging America into a gigantic fiscal hole. Read More Here
(DailyBell) – Ellen Brown on Debt Money, Why Money is Collapsing and Why Central Banks Need Adult Supervision – Read More Here
(AJC) – Research firm: 5,200 restaurants closed in the U.S. this spring – Read More Here
(Telegraph) – Obama signs a bill that lets banks have US over a barrel once more
Last week, President Obama signed into law the Dodd-Frank Wall Street Reform bill – hailed as the most sweeping overhaul of US financial regulation since the 1930s. Read More Here
(RussiaToday) – Video: Keiser Report №61 – Markets! Finance! Scandal!
This time Max Keiser and co-host, Stacy Herbert, look at the latest scandals of deficit fraud, Hank Paulson’s love of financial reform and the RIAA’s very low return bullying. In the second half of the show, Max talks to Ben Davies of Hinde Capital about the BIS gold swaps and more. – Video Link Here
(RealNews) – Video: PLUNDER – THE CRIME OF OUR TIME
Danny Schechter on the financial crisis and Wall Street as a crime narrative Continue reading →
(NaturalNews) – As CNN is now reporting, the U.S. government has issued a new rule that would make it a felony crime for any journalist, reporter, blogger or photographer to approach any oil cleanup operation, equipment or vessel in the Gulf of Mexico. Anyone caught is subject to arrest, a $40,000 fine and prosecution for a federal felony crime.
CNN reporter Anderson Cooper says, “A new law passed today, and back by the force of law and the threat of fines and felony charges, … will prevent reporters and photographers from getting anywhere close to booms and oil-soaked wildlife just about any place we need to be. By now you’re probably familiar with cleanup crews stiff-arming the media, private security blocking cameras, ordinary workers clamming up, some not even saying who they’re working for because they’re afraid of losing their jobs.”Continue reading →
(America20xy) – Earlier this year the U.S. House of Representatives passed H.R. 2499, which put Puerto Rico on the path to statehood. The resolution would offer Puerto Ricans a two step vote, first asking them if they would like to remain a commonwealth of the U.S. Then if not, they would vote on whether to become the 51st state.
Most Puerto Ricans, it’s believed, would vote yes if given the choice.
With Puerto Rico on the fast track to becoming a U.S. state, the U.S. National Guard has wasted no time in training its people that if and when they join the union, Posse Comitatus will not be offered as part of the package deal. Continue reading →
(Alternet) – Poverty: It’s Not Just for Black Urbanites Anymore! – And of course it never was. – Read More Here
(NYDailyNews) -Japanese PM Naoto Kan warns of Greece-level ‘collapse’ under debt pile – Read More Here
(Money&Markets) – Debt Facade Cracking in U.K. as Sovereign Contagion Spreads – Read More Here
REPOST – (MarketOracle) – Debt Can Never Be Repaid, By Bankster Design
You really have to hand it to the banksters. As was painstakingly detailed in the book Creature from Jekyll Island, the banking elite devised a brilliant plan in November of 1910 on Jekyll Island in which to take over control of the United States, steal the wealth from the taxpayers and the resources from the country. Read More Here
(EconomicPolicyJournal) – Analyst to Money Managers: Take Your Cell Phones with You on Vacation; Greece Could Default in August
Greece will eventually default on its debt because the country is highly indebted, Carl Weinberg, chief economist at High Frequency Economics, said on CNBC this morning. Read More Here
(MailOnline) – Doomed Labour’s £1.3 TRILLION last spending spree revealed: As the economy nosedived, your millions were wasted on grandiose schemes – Read More Here
(InfoClearingHouse) – One Bank Ruled Them All; Trichet’s Powergrab – Mike Whitney – Read More Here
(BusinessInsider) – The Stunning Crash And Burn Of Las Vegas
There are quite a few U.S. cities that are complete and utter economic disaster zones in 2010 (Detroit for example), but there is something about the demise of Las Vegas that is absolutely stunning. Read More Here
(MineWeb) – U.S. asset managers worried Obama could confiscate gold
Speaking at the FT Silver conference in London yesterday, lead-off speaker John Levin, HSBC Bank’s Managing Director, Global Metals and Trading (HSBC is one of the world’s top precious metals traders and its vaults in the U.S. and Europe hold huge holdings of gold and silver bullion) recounted conversations with some of the U.S.’s top asset managers controlling massive amounts of capital asking if HSBC had the capacity in its vaults to store major gold purchases. On being told that the bank’s U.S. vaults had sufficient space available he was told that they did not want their gold stored in the U.S.A. but preferably in Europe because they feared that at some stage the U.S. Administration might follow the path set by Franklin D. Roosevelt in 1933 and confiscate all U.S. gold holdings as part of the country’s strategy in dealing with the nation’s economic problems. Read More Here
(NYDaily) – Gov. Paterson: Shutdown over budget would cause ‘unimaginable chaos,’ crime in New York
Gov. Paterson went into full doomsday mode Thursday, warning of chaos and anarchy in the streets if the government shuts down.
“It would create unimaginable chaos around the state and the greater metropolitan area,” Paterson said on WCBS Radio 880 this morning. Read More Here
(AP) – Retail sales drop 1.2 percent in May
Retail sales plunged 1.2 percent last month, the Commerce Department said Friday. It was the largest decline in eight months. Read More Here
(BusinessInsider) – Social Security Payouts Are Already Crippling The Government This Year
There is enough published information from the Social Security Trust Fund to make some observations for the first six months of 2010. The data on FICA/SECA tax receipts and benefit payments: (all amounts in $billions) Read More Here
(PakAlert) – Warning Signs Of Full Spectrum Collapse Are Everywhere
The sovereign debt crisis in Greece and many other European nations has, at least for the moment, opened a gap in the wash of financial disinformation that has prevailed in the mainstream media for the past year. The average American is now more aware of the terrible costs of living in an artificially driven and widely manipulated “global economy”, and has also been exposed (at least for the moment) to the very real frailties in our own markets, which have been hidden or downplayed by the government as well as disingenuous establishment economists. Events in the EU, however, are only a glimpse of the greater and more imminent threats we face in the near future. In this article we will look at some of the latest and most disturbing moves by governments and financial institutions, as well as tell-tale signs in our own local cities, which signal that a full-spectrum collapse of world markets and possibly our own currency is not only in progress, but nearing completion. Continue reading →