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FDIC closes down fourth bank of 2017 in the state of Louisiana at a cost of nearly $1 billion

On April 28, the FDIC closed down their fourth bank for 2017 as First NBC Bank shuttered its doors.  This institution is the first bank failure for the month of April, and the first Louisiana bank closure since November of 2011. 4/28/2017 *** Louisiana *** New Orleans *** First NBC Bank *** $996.9 million dollar estimated FDIC DIF cost. The total DIF for failed banks this week is $996.9 million. If you were ...

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A rounding error may be only thing keeping U.S. economy from negative GDP in first quarter of 2017

As we wait upon the 'official' final number from the government regarding first quarter GDP, on April 27 both the Atlanta Fed and JP Morgan downgraded their forecasts to .02 and .03% respectively.  And in essence this equates to little more than a rounding error since government modeling adds in double 'seasonal adjustment' variables that tend to always skew the outcome positive. We now believe that real GD ...

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Climate change scam artist Al Gore has a new scheme and it will only require $15 trillion from world governments

If there was just one thing a person was to do in attempting to find out the truth behind both man-made global warming, and then its transition to 'climate change', they would simply have to follow the one hard and fast golden rule... follow the money. When hundreds of climate scientists published and signed their names to a UN study on global warming, and man's effects behind its cause, their 'science' was ...

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Nothing to see here as Dow crosses back over 21,000 and global markets hit new all-time highs

Despite continuing insolvency threats to Italian and German banks, economic data that shows the U.S. is well into a recession, and central banks that are tapering their punch bowls at a rapid pace, on April 25 the markets have summarily ignored all true indicators and are back into the sphere of 'irrational exuberance' as the DOW once again crossed back over 21,000, and world exchanges achieved new all-time ...

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Despite Macron’s slim victory in 1st round of French elections, the EU fears rising populist power via Le Pen

For the financial markets, yesterday's first round of French elections could not have gone off better.  That is because the pro-EU candidate Emmanuel Macron won out by two percentage points over right wing challenger Marine Le Pen, setting up for what most analysts believe will be an easy victory for Macron in the runoff election. However not everyone is completely thrilled at what some are calling 'Germany ...

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The Trump brand rising in China is not from The Donald, but from Ivanka

Even long before Donald Trump decided to run for and win the Presidency of the United States, his business endeavors were all built around growing his name as a brand which would stand out with the greatest of corporations.  And whether it was in real estate, casinos, resorts, or reality television, more people around the world know of the name Trump than they do Rockefeller, Rothschild, and even the world' ...

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False flag alert as Homeland Security prepares for exercise in New York City

One of the primary reasons why the alt media is so powerful and such a threat to the establishment is because thanks to the internet, most attempts at false flag attacks and propaganda campaigns are easily discovered thanks in part to the very tools the elite created to use on the citizens. Case in point.  In most of the terror attacks that have occurred in the 21st century, the government was involved in a ...

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Did the U.S. experience a cyber attack to the grid today, or are Trump’s infrastructure projects now a necessity?

On April 21 three major cities experienced prolonged blackouts as rumors abound that the electrical grid may have been struck in a cyber attack on U.S. infrastructure. San Francisco, Los Angeles, and New York City all had varying degrees of blackouts today, with the Northern coast of California being hit the hardest. The U.S. power grid appears to have been hit with multiple power outages affecting San Fran ...

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Chaotic events that could shape geo-politics coming over next seven days

The last week of April could very well see some extremely shocking and perhaps chaotic events that could shape the geo-political future the world is rushing headlong towards right now. The first of these will come in just two days as the long awaited French elections could very easily determine the fate of the European Union, and the Euro currency. The first round of voting is set to be a closely-fought rac ...

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EU pandering for British companies to move offices to EU states while also threatening them with contract cancellations

If it weren't for the tens of billions of dollars EU states give to the bureaucracy in Brussels each year, the European Commission would be little more than a paper tiger.  However, until more continental governments stand up to growing behemoth that is now threatening their very sovereignty, they will have little choice but to either disconnect from the Union like Britain is doing, or become a vassal state ...

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New minimum wage laws coupled with slowing economy is becoming death knell for restaurants

In a new study from Harvard University on April 18, consequences from the plethora of new minimum wage laws are showing concrete effects for restaurants in relation to the amount of higher wages these businesses must provide to employees. In fact according to data compiled in the San Francisco region, for every additional dollar restaurant owners had to pay each employee per hour resulted in a 4-10% increas ...

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IRS to commission bounty hunters to try and find income tax avoiders

It appears that Dog the Bounty Hunter could one day make a comeback as the Internal Revenue Service (IRS) is planning on hiring civilian skip tracers to go after individuals who have failed to file tax returns, or who may owe taxes and fines. In a new policy established by the IRS, the government agency that often acts outside the law itself would see the use of bounty hunters to go after American citizens ...

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