Cnn.com | The power of all the computers networked together to maintain the digital currency's system far exceeds the combined processing strength of the top 500 most powerful supercomputers. Easily. The matchup isn't even close. There have been lots of stories about Bitcoin in the past few months thanks to its rapid price rise -- from $5 a year ago for 1 bitcoin to a record high of $266 in April, before falling back to around $122 today.

Alternet.org | Californians Doug and Catherine Snodgrass are suing their son’s high school for allowing undercover police officers to set up the 17-year-old special-needs student for a drug arrest. In a video segment on ABC News, they say they were "thrilled" when their son -- who has Asperger's and other disabilities and struggled to make friends -- appeared to have instantly made a friend named Daniel.

The Real News | Among items transfered to local law enforcement agencies have been assault rifles and grenade launchers, even Blackhawk helicopters and .50 caliber machine guns; In fiscal year 2011 alone, the Pentagon transferred almost $500 million worth of materials to domestic law enforcement - near double the previous year's total

Reuters |  U.S. regulators are in the early stages of an antitrust probe into whether Google Inc, the top player in web display advertising, breaks antitrust law in how it handles some ad sales, a source told Reuters on Thursday. The source said that it was unlikely that the Federal Trade Commission had sent out civil investigative demands in relation to the probe, which would be the sign of a formal and more serious investigation.

Gizmondo | Australia is on the cusp of a solar energy revolution. First, a recent study suggests that the country could power its entire national domestic infrastructure using only solar (while slashing the price of home electricity by 70 percent). Now, the University of Melbourne has introduced a new organic PV cell printer that rolls out a functional binder page-sized sheet of solar panel every two seconds, making the production of all those cells cheaper and a whole lot faster.

MarketWatch |  The “Dr. Boom” scenario: America is about to “unleash a spending spree. Years of self-denial give way to pent-up demand,” predicts UBS economist Maury Harris in USA Today’s bold lead story. His clue? Consumer sentiment: “Harris estimates that in the next five years, catch-up consumption will boost annual consumer spending growth by a half point to above 3% from about 2%.”

Alex Jones Channel | Mike Judge invited Alex Jones to his Austin Tx home for a one on one interview. Mike covered the current IRS scandal, Alex's epic interview on Piers Morgan, and The 2nd Amendment Debate. He gave insights into his groundbreaking animation, movies and style of satire that is now proving to be prophetic. He discloses the origins of Beavis and Butthead, Dale Gribble, and behind the scenes of the movie that Hollywood tried to kill Idiocracy. MIke's Twitter is twitter.com/Mike Judge

Townhall.com | Who is Judy Faulkner? Chances are, you don't know her -- but her politically connected, taxpayer-subsidized electronic medical records company may very well know you. Top Obama donor and billionaire Faulkner is founder and CEO of Epic Systems, which will soon store almost half of all Americans' health information.

Lifenews.com | The Internal Revenue Service targeted a pro-life Iowa group that acts in part as a watchdog over the Planned Parenthood abortion business. It refused to grant nonprofit tax status to the Coalition for Life of Iowa unless it agreed to limit its “picketing” and “protesting” of Planned Parenthood.

LewRockwell.com | “What do you expect when you target the President?” This is what an Internal Revenue Service (IRS) agent allegedly said to the head of a conservative organization that was being audited after calling for the impeachment of then-President Clinton. Recent revelations that IRS agents gave “special scrutiny” to organizations opposed to the current administration’s policies suggest that many in the IRS still believe harassing the President’s opponents is part of their job.

Infowars.com | The murder of a serving British soldier in London is being treated as a major “terror attack,” with Prime Minister David Cameron set to attend an emergency Cobra meeting as the UK media hyperventilates over an incident that will be used to demonize anti-government rhetoric while serving as a poster child for more military intervention in the middle east.

ZeroHedge.com | Two years ago, Zero Hedge first made the observation that the bulk of Fed reserves (also known simply as "cash created out of thin air" because money is first and foremost fungible no matter what textbook theoreticians may claim, and the only cash allocation preference is the capital allocation IRR analysis) had been parked not with US banks, but with foreign banks with US-based operations.

Libertarian Republic | Here comes 3D printed ammo! Fresh on the heels of the federal government shutting down 3d printed gun manufacturer Defense Distributed comes the news that manufacturers are now printing ammunition. A Solidoodle 3D printer was used by Jeff Heeszel and Tony Griffy to make shotgun ammo. Griffy designed the shells using CAD to make the plans for the shotgun shells and after printing them out, filled them with lead to complete the project. How will the government react to this new marvel of engineering?

NYT | One day before President Obama is due to deliver a major speech on national security, his administration on Wednesday formally acknowledged that the United States had killed four American citizens in drone strikes in Yemen and Pakistan. In a letter to Congressional leaders obtained by The New York Times, Attorney General Eric H. Holder Jr. disclosed that the administration had deliberately killed Anwar al-Awlaki, a radical Muslim cleric who was killed in a drone strike in September 2011 in Yemen.

Green Media | According to a news brief released today by GMWatch.org, China destroyed three shipments of GM corn imported from the US. GMWatch.org reported: "The law says that the [Chinese] Ministry of Agriculture must require environmental and food safety tests to be carried out by Chinese institutions, in order to verify data provided by the seed developer. All these documents must be reviewed by the National Biosafety Committee before the MOA can issue a safety certificate. Yet these shipments of US corn did not have the relevant safety certificates and approval documents, according to the news reports below." The first two shipments are referenced on the website of the Zhuhai Entry-Exit Inspection and Quarantine Bureau, confirming that two illegal GM corn shipments entered Wanzai Port in Zhuhai City on May 7th, and were subsequently destroyed: