Economics and Investing:

Reader C.S. wrote to note that Smith & Wesson stock was up 214% in the past 12 months. Well, at least BHO can say that he personally revitalized one sector of the economy.

White House projects $1.2 trillion deficit, lower economic growth in 2012. (Thanks to SurvivalBlog’s G.G., for the link.)

At least three banks seen central to Libor rigging

Items from The Economatrix:

Gold And Silver in Deflation

Mainstream Media Recovery Hoax

Oil Trades Near Week High On Euro Pledge, US Economic Outlook

Jim Sinclair:  The System Here And There Is Totally Broken