If the Libor scandal did end up hurting local governments to a large degree, you can just add that to the list. Local governments have been easy marks for the financial industry during the last decade, engaging in all kinds of interest rate-swap deals and other vehicles for financing operations. When they turn sour, the [...]

(UPDATE: The injured protester in the above video was a veteran who now has a skull fracture) The shocking police crackdown at Occupy Oakland, which featured flash grenades, rubber bullets, tear gas, and as you can see above, targeted firing of “non-lethal” weapons directly at protesters, has started to cause a response from California’s progressive [...]