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Kenneth Schortgen Jr.

President Obama signs E.O. to go after assets of Putin’s staff

On March 17, President Obama fired off his latest salvo in the ongoing Ukrainian crisis by issuing a new Executive Order which seeks to impose sanctions on the Russian President's staff, while at the same time, leaving Vladimir Putin out of harm's way. I, BARACK OBAMA, President of the United States of America, hereby expand the scope of the national emergency declared in Executive Order 13660 of March 6, 2 ...

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New York bypasses London to become largest financial center

It took nearly 70 years after the end the British Empire and the switch over to the dollar as the global reserve currency, but in March of 2014 New York City's financial district finally passed London to become the world's largest financial center.  According to the Global Financial Centres Index, which measures an aggregate of indices from five key areas: people, business environment, market access, infras ...

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Oppose the war in Ukraine? New E.O. could allow Obama to seize your assets

In the Federal government, lawyers ensure that legislation, laws, or other forms of regulation are written in ways to be both vague and concise, and allow the state to enforce them as they see fit.  One such 'benign' form of law that was passed last week could essentially allow the Obama Administration to seize the assets of any American who disagrees with the government's policies over Ukraine and the ongo ...

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Nations dumping dollar reserves to the tune of $100 billion last week

The biggest threat to the U.S. dollar is not events in Ukraine, nor the economy, and not the stock markets.  No, the biggest threat has always been the over $16 trillion in offshore currency that might one day find its way back to the U.S.. And unfortunately, that day may be coming much faster than the U.S. anticipated.  A new report from the Treasuries In Custody (TIC) report showed that just last week, fo ...

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Dr. Paul Craig Roberts: U.S. wants to get their hands on Ukraine to loot it

On March 12, former Assistance Secretary of the Treasury Dr. Paul Craig Roberts spoke as a guest on USA Watchdog.  During his 50 minute interview, Dr. Roberts addressed America's desperate need to win out over Ukraine, with their ultimate goal being the confiscation of wealth and resources, and not one of freeing the Ukrainian people. “So, why is Ukraine important?  Well, there is the Black Sea naval base t ...

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New economic report shows Wall Street’s ‘weather’ excuse a fraud

In last week's Beige Book, the Federal Reserve blamed harsh weather as being the primary factor for a slowing economy.  This report also came after several Wall Street banks, brokers, and analysts used harsh weather as an excuse when over 20 indicators came in below expectations this winter. However, RBC Capital Markets came out with a newly detailed report on March 11 showing how consumers actually increas ...

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Terrorist sympathizer hiding as executive in Obama’s I.R.S.

Move over Muslim Brotherhood, for President Obama has found an upgrade.  In a shocking new discovery, a terrorist sympathizer and abettor for Al Qaeda has been found to be working within the Internal Revenue Service (IRS) as a Financial Management Analyst for the Deputy Chief Financial Officer. While the Internal Revenue Service was investigating Tea Party patriots in the run-up to last year's presidential ...

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Detroit Police Chief calls for citizen concealed carry

Imagine this.  One of the most crime ridden cities in America, which was formally run into bankruptcy by liberal and corrupt politicians and has now been forced to limit first responder service to less than 80% of the municipality, is calling for citizens to not only bear arms, but to also stand up against criminals and crimes being perpetrated against themselves and their neighbors. And the individual who ...

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Pentagon blames terrorism on global warming

You know you have run out of legitimate excuses when you begin blaming the weather for the outcome of events, yet this is exactly what the Pentagon is now doing in regards to the future frequency of global terrorism.  In the Pentagon's 2014 Quadrennial Defense Review (QDR), analysts are making the assertion that global warming is a key factor in the determination for future terror activity. "The impacts of ...

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$100 Trillion: World floats on a sea of debt

On March 9, the Bank of International Settlements (BIS) released its quarterly report and found that for the first time ever, global debt has reached $100 trillion, with 40% of that debt coming in just the past five years. Total global debt has exploded by 40% in just 6 short years from  2007 to 2013, from "only" $70 trillion to over $100 trillion as of mid-2013, according to the BIS' just-released quarterl ...

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New ammo shortages coming as Russia cuts off exports to U.S.

At almost the same time Russia was planning to invade the Crimea and Ukraine, the Eur-Asian superpower issued a new policy which cuts off exports of many calibers of ammunition to the United States, sure to cause more shortages in an already stretched market. The largest wholesale gun & ammo distributors in the US have informed us in private conversation today that a massive scramble is on for all 7.62 ...

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Russian threat of dumping dollar could lead to $16 trillion collapse of economy

Talking heads and pundits will tell you that Russia's threat to sell their U.S. dollar reserves and confiscate assets should America or Europe choose to impose economic sanctions is not that big of a deal.  However, the corporate media misses one vital piece of information, and that is the possibility that should Russia begin dumping their treasuries en masse in the open market, then it could trigger an imm ...

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