'Dark Knight' Shooting Leaves at Least 12 Killed, 50 Injured

At least 12 people were killed and as many as 50 injured when a gunman in a gas mask opened fire about 12:30 a.m. in a theater showing the new Batman (TWX) movie in Aurora, near Denver, Colorado.

Police found explosives in the home of a 24-year-old man arrested in a car at the shopping mall that housed the theater, Aurora Police Chief Dan Oates told reporters. The suspect, James Holmes, has no known ties to terrorists, although the investigation continues, said a federal official, who lacked authorization to speak publicly and asked for anonymity.

?We have no evidence of additional shooters,? Oates said. ?The gunman was found in a car in the parking lot with a rifle, handgun, gas mask.?

?The Dark Knight Rises? is rated PG-13 and there were many children at the sold-out show, including some in costumes, at the Century 16 Movie Theaters at the Aurora Town Center. One of the dead was a 3-month-old child, the Denver Post reported.

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It should be embarassing to those in the know. This is so fake it makes me laugh.

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Bernanke Leaves Door Open to Further Easing

By Scott Lanman and Jeannine Aversa

Federal Reserve Chairman Ben S. Bernanke left the door open to a fresh shot of monetary stimulus should the economic rebound he?s predicting fail to materialize.

The Fed would be ?prepared to take additional action, obviously, if conditions warranted,? including the purchase of more Treasury securities, Bernanke said yesterday after U.S. central bankers met in Washington. The economy will probably overcome constraints from elevated energy prices and Japan- related disruptions to manufacturing, he said. Still, declining home prices, high unemployment and weaknesses in the financial system may restrain the recovery in the longer term, he said. [...]

?Bernanke?s remarks kept that door open? to more bond buying, said former Fed Governor Lyle Gramley, currently senior economic adviser at Potomac Research Group in Washington. ?The hurdle for QE3 is obviously high. But if large downside risks materialize and the economy slows enough so that the unemployment rate starts to increase again, QE3 would have to be considered.?

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"Men occasionally stumble over the truth, but most of them pick themselves up and hurry off as if nothing ever happened..." - Winston Churchill

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