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Chicago blacks on Obama: He’s been more hurtful to black race than helpful

On Jan. 29, immediately after President Obama completed his State of the Union address, a congregation of African-American activists from the city of Chicago sat down to discuss their interpretation of the President's latest words.  In a five minute video, several members of V.O.T.E and the Chicago Anti-Eviction Campaign gave their opinions on how much Barack Obama has helped the black community, as well as ...

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Former World Bank economist calls for new global currency and end to the dollar

One of the inevitable consequences of a purely fiat currency is that eventually a central bank will inflate and devalue it out of existence for the country it is used in.  However, when that same currency is the world's reserve currency, then that same inflation can be exported to nearly every nation as they are required to use it for international trade settlement. Which brings up an interesting point made ...

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Obama wants everyone to invest in government debt as their retirement

As we sit hours away from President Obama's fifth State of the Union address, a new proposal that will be offered by the President tonight has been leaked to the public.  Sometime during his speech, Barack Obama will offer Americans the chance to save for their retirements not with equities, gold, or real estate, but with government debt... just as his administration has already done by moving Federal emplo ...

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Gold price manipulation pushes mint supplies to the brink

No matter how much a government or central bank believes they can control every aspect of an economy, the natural laws of supply and demand will always rule markets, even during times of intervention and manipulation.  Since 2011, when the Federal Reserve used their proxy banks like J.P. Morgan Chase and Germany's Deutsche Bank to artificially lower gold prices through massive short selling, the gambit has ...

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Warren Buffett supports bank CEO that lost headquarters and had $25 billion in fines

Billionaire Warren Buffett has created a persona over his career where the public sees him as a kind old man with a genius for investing.   But in recent times, the 'Oracle of Omaha' has been involved in some highly questionable choices and partnerships, none more questionable when on Jan. 24, Buffett gave his absolute support to the CEO of J.P. Morgan Chase, Jamie Dimon, who has been under serious fire for ...

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Fed tapering beginning to exploit cracks in global financial system

On Jan. 25, trends forecaster Gerald Celente was a guest of King World News to speak on the economy, and the coming financial crises that are just beginning to show themselves in Asia, Europe and the U.S..  During his 15 and half minute interview, Celente pointedly stated that the Fed will have no choice but to taper, and continue to taper well into 2014, and that these actions will cause massive problems f ...

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FDIC closes second bank of 2014 in Oklahoma

The Bank of Union, located in El Reno, OK, was closed down by the FDIC on Friday, Jan. 24.  This bank failure is the second for 2014 and comes following a year where 24 banks were closed by the Federal agency. 1/24/2014 *** OK *** El Reno *** The Bank of Union *** $70 million dollar estimated FDIC DIF cost. The total DIF for failed banks this week is $70 million. If you were banking at The Bank of Union in ...

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One of world’s largest online electronic’s stores now accepts Bitcoin

Beginning on Jan. 23, one of the world's largest online retailer of electronics will now accept Bitcoins as money to purchase products on their website. Tiger Direct.com, which sells more than 200000 products that include, pc's, laptops, televisions, and components, will now accept Bitcoin as cash and help increase the digital money presence in stores worldwide. TigerDirect.com Now Accepts Bitcoin Payments! ...

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Unemployment rate soon to drop below 6% as 1.4 million people lose benefits

The government is never interested in facts, it is only interested in truth... and especially truth that makes their policies and agendas look good.  Which is why America stands on the brink of having 1.4 million jobless workers no longer be recognized in the economy, and the Obama administration potentially claiming a false victory as the unemployment rates could drop below 6% for the first time in several ...

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Obamacare website so secure it was hacked in 4 mins by expert

One billion dollars.  That is the cost to the American taxpayer for the government to build one of the most insecure web portals imaginable. On Jan. 20, a security expert announced that he was able to use a standard web browser and hack into the Obamacare website in just 4 minutes.  And while inside the site, David Kennedy accessed 70000 personal records and only stopped when he realized that all of them we ...

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Fed can only provide 5 tons of gold to Germany after one year

Just one year ago, the central bank of Germany ordered the Federal Reserve and banks in France to repatriate their gold reserves of around 670 tons in a measure meant to restore confidence to their banking system.  However, it appears that the curtain of fraud has been uncovered with the U.S. central bank, as in 12 months time, the Fed has only been able to deliver 5 tons of what is rightly German property. ...

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Iran in talks with Russia to bypass petro-dollar in oil for goods deal

The stability of the petro-dollar took another new hit this week as a new deal being discussed between Iran and Russia to trade oil for goods is currently in the works between the two nations.  This agreement would entail 500000 barrels of oil per day to be shipped to Russia in exchange for Russian equipment and goods that might also include military armaments. Reports are emerging that Iran and Russia are ...

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