Protest Over Police Shootings in Stockton Gets Ugly

Crowds in Stockton, California massed for a protest against the police yesterday over the police shootings of Luther Brown Jr. and James Rivera. Brown was shot after grabbing an officer’s baton and beating him with it; he was a gang member. Rivera was shot after he tried to back over police officers in his vehicle during a traffic stop.

Hundreds of members of Occupy Oakland joined the protest, where they promptly began surrounding police officers and shutting down traffic. Police in riot gear were forced to call an unlawful assembly to clear the street. One of the local KCRA anchors called all of this “interesting activity.” While the reporter on scene said there was no violence, there were “several confrontations … at one point, a huge crowd gathered around a motorcycle officer, he backed his motorcycle up and got out of that crowd.” She admitted that they were afraid some violence would break out. The Occupy protesters, she said, kept approaching police and yelling at them. Businesses were closed down. Cars were blocked.


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The past several months have seen the price of gold slump even as the Fed and other central banks have accelerated their massive expansion of paper money. Gold is off about 20% so far this year with silver down almost 30%. The old adage--“don’t fight the Fed”--particularly comes to mind now because the US equity markets have been setting new highs during this same period. All of these gains are nominal, you understand, but for terrified American policy makers and investors, nominal is just fine.

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