By Spencer Ackerman
The video above is what the Navy’s top officers view as the future of their dominance on the surface of the world’s waterways. A laser cannon, its magazine limited only by the amount of energy pumped into it and costing pocket change to fire, punching through an adversary’s cheap anti-ship weapons — at the speed of light.
By Alec Luhn
A spokesman for Vladimir Putin said the Geneva agreement to defuse the situation in eastern Ukraine was no longer viable after Kiev launched a military operation against the rebel-held c…
Realtors: Rising Home Prices Are ‘Unsustainable’
NBC News | 20 June 2013
It’s been an impressive stretch for housing sales…
Fitch Puts Entire US Residential Mortgage Servicer Space On Negative Outlook Over Fraudclosure Concerns
Zero Hedge (4 Nov 10)
Freddie Repossesses Its Files
Emptywheel (2 Nov 10)
[Click image to view larger chart]
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CAF Note: Here I am in 1988 in East Hampton in a Ferrari I used to lease when I worked on Wall Street.