Society's Child
Sadly, what we are experiencing right now is a "mini-hope bubble" that has been produced by an unprecedented debt binge by the federal government and by unprecedented money printing by the Federal Reserve. Once this "sugar high" wears off, it will be glaringly apparent that by "kicking the can down the road" Bernanke and Obama have made our long-term problems even worse.
Unfortunately, most Americans don't understand these things.
Most Americans just let their televisions do their thinking for them, and right now their televisions are telling them that everything is going to be fine.

Too little too late? Entire generations of young people have already become addicted to hardcore pornography.
In the most dramatic step by the government to crack down on the "corroding" influence of pornography on childhood, the prime minister will say that all internet users will be contacted by their service providers and given an "unavoidable choice" on whether to use filters.
The changes will be introduced by the end of next year. As a first step, customers who set up new broadband accounts or switch providers would have to actively disable the filters by the end of this year.
Organized "bash mob" crime rampages of roving groups attacking innocent people and businesses have been striking cities around the United States. Law enforcement agencies in Southern California have reported few similar problems -- until now.
In the last several days, there have been several reports of such group crime waves in South L.A., Hollywood, San Bernardino and Victorville. Long Beach police are bracing for another one Friday.
These so-called bash mobs of "flash mob" crime waves are organized through social media and have been a problem in Chicago, Philadelphia and Washington. In April, 28 Chicago youths were arrested on suspicion of attacking pedestrians along the city's famed Magnificent Mile. Illinois Gov. Pat Quinn signed legislation in May enacting stiffer penalties for people who text or use social media to organize mob attacks.
Judge Legrome Davis of the Eastern District Court of Pennsylvania affirmed a 2011 jury decision that a box of 1933 Saint-Gaudens double eagle coins discovered by the family of Israel Switt, a deceased dealer and collector, is the property of the United States.
In the midst of the Great Depression, then-President Franklin Roosevelt ordered that America's supply of double eagles manufactured at the Philadelphia Mint be destroyed and melted into gold bars. Of the 445,500 or so coins created, though, some managed to escape the kiln and ended up into the hands of collectors. In 2003, Switt's family opened a safe deposit back that their grandfather kept, revealing 10 coins among that turned out to be among the world's most valuable collectables in the currency realm today.
Her boyfriend came over, and after dinner - about 8 p.m. - Goldsberry went to her kitchen sink to wash some dishes.
That's when her boyfriend, Craig Dorris - a manager for a security alarm company - heard her scream and saw her drop to the floor.
Goldsberry, 59, said she had looked up from the sink to see a man "wearing a hunting vest."
He was aiming a gun at her face, with a red light pinpointing her.
"I screamed and screamed," she said.
But she also scrambled across the floor to her bedroom and grabbed her gun, a five-shot .38-caliber revolver. Goldsberry has a concealed weapons permit and says the gun has made her feel safer living alone. But she felt anything but safe when she heard a man yelling to open the door.
He was claiming to be a police officer, but the man she had seen looked to her more like an armed thug. Her boyfriend, Dorris, was calmer, and yelled back that he wanted to see some ID.
But the man just demanded they open the door. The actual words, the couple say, were, "We're the f------ police; open the f------ door."
Dorris said he moved away from the door, afraid bullets were about to rip through.
Goldsberry was terrified but thinking it just might really be the police. Except, she says she wondered, would police talk that way? She had never been arrested or even come close. She couldn't imagine why police would be there or want to come in. But even if they did, why would they act like that at her apartment? It didn't seem right.
Two of the ten men have been charged for the horrific attacks, which happened on June 29 in Austin, Texas. The two captured suspects are 25-year-old Juan Lozano Ortega and 26-year-old Edgar Gerardo Guzman Perez.
The girl had run away from home prior to the attacks, and was staying in a group home for children. It was there that she met three unknown men and got into a car with them. Those three men have not yet been caught by officials.
The affidavit for the case said, "All of the other males took turns having sex with victim against her will, which lasted through the early morning hours."
Why exactly shouldn't banks be able to trade physical commodities? To see one argument, take a look at a big report from David Kocieniewski in today's New York Times.
According to Kocieniewski, a Goldman Sachs-owned company has been involved in an elaborate plan to move around aluminum in a way that has inflated market prices. The report states that every time an American consumer buys a product containing aluminum, they pay a price that has been affected by this maneuver. Sources told The New York Times that in total the plan has cost American consumers more than $5 billion over the last three years.
The woman who first noticed the bloodsucking creepy crawlers yelped to others in the courtroom and chaos ensued; several people ran out of the proceedings, including the man with the bugs on him, the Daily News reported.
A Manhattan Criminal Court spokesman confirmed to the News that there was bug-related havoc in one of the arraignment rooms around 11:30 a.m., but said that no evidence of bedbugs was found in the area.
Court officers called in an exterminator as a precaution. The courtroom was evacuated for a time during the extermination treatment, and when it reopened, the three rows near where the alleged bug man had been sitting were roped off.
Washington - The FBI will review thousands of old cases, including some involving the death penalty, in which hair samples helped secure convictions, under an ambitious plan made public Thursday.
More than 2,000 cases the FBI processed from 1985 to 2000 will be re-examined, including some in which execution dates have been set and others in which the defendants already have died in prison. In a key concession, Justice Department officials will waive usual deadlines and procedural hurdles that often block inmates from challenging their convictions.
"This will be critical to giving wrongly convicted people a fair chance at a fair review," said Steven D. Benjamin, a Virginia attorney who's the president of the National Association of Criminal Defense Lawyers.
The defense lawyers' association joined with The Innocence Project, based at New York City's Cardozo School of Law at Yeshiva University, as well as pro bono attorneys to press for the review.
The study will focus on whether analysts exaggerated the significance of their hair analyses or reported them inaccurately. Defendants will be notified and free DNA testing offered if errors in lab work or testimony are detected.
"The government's willingness to admit error and accept its duty to correct those errors in an extraordinarily large number of cases is truly unprecedented," declared Peter Neufeld, a co-director of the Innocence Project. "It signals a new era in this country that values science and recognizes that truth and justice should triumph over procedural obstacles."

Assistant state attorney Bernie de la Rionda showed the jury George Zimmerman's gun during his closing argument on July 11. Jurors ruled that Zimmerman killed Trayvon Martin with the weapon while he was defending himself
Sanford police confirmed on Thursday that the DOJ asked the agency not to return any pieces of evidence to their owners. Zimmerman was expected to get his firearm back by month's end.
The development is a sign that the criminal section of the Justice Department's Civil Rights Division is seriously investigating Zimmerman to determine if federal civil rights charges should be filed.
Zimmerman was acquitted of murder and manslaughter on Sunday in a Florida courtroom, but civil rights violations provide an exception to the U.S. Constitution's protection against double jeopardy after a defendant has been found 'not guilty' in a state or local jurisdiction.











