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Obama motors has recalled 1.5 times more cars in 2014 than it sold last year

In March of this year, the U.S. Department of Justice fined Toyota $1.2 billion for a series of recalls they did leading back to 2009.  Yet this scandal is nothing when compared to what has occurred to General Motors, the Obama administration nationalized car maker, in just the past five months as the former corporate giant has now recalled 1.5 times more vehicles than it sold as a whole in 2013. GM just an ...

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Former Secretary of State Condi Rice relegated to being a propaganda machine for U.S.

In a recent interview tied to the ongoing crisis in Ukraine, former Secretary of State Condoleeza Rice spoke out on ways in which Europe could divest themselves from Russian hegemony and their need for foreign oil outside of Western deliveries.  Citing the use of North American oil as an alternative to their current reliance on Russian imports, Rice showed a disturbing lack of knowledge in the relationship ...

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NSA backlash: U.S. tech companies fear decline in sales in foreign markets due to spying

An immutable law in the world physics says, for every action there is an equal and opposite reaction.  This holds true as well in the invisible world of economics where even a small policy change in social, political, and even geo-political fabrics can have devastating effects for the future of markets and money. Which is why it is not surprising that the biggest backlashes coming out of the NSA spying prog ...

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FDIC closes bank in Illinois bringing total bank closures for 2014 to 7

AztecAmerica Bank., located in Berwyn, IL, was closed down by the FDIC on Friday, May 16.  This bank failure is the first one in the month of May and brings the total amount of bank closures in 2014 to seven. 5/16/2014 *** IL *** Berwyn *** AztecAmerica Bank *** $18.0 million dollar estimated FDIC DIF cost. The total DIF for failed banks this week is $18.0 million. If you were banking at AztecAmerica Bank i ...

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Fed using Belgium to mask fact that QE never ended, and there is no taper

The Federal Reserve, like any bank, has two faces.  One is the public face, which goes before Congress and speaks publicly on monetary policies.  Then there is a face that hides in the shadows, and does the primary work of facilitating control over the entire Western banking system. So when Federal Reserve Chairman Janet Yellen propagated the Quantitative Easing (QE) tapers of the last 8 months, what was re ...

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Dept. of Agriculture prepares for… ? As they submit RFP to purchase 7000 submachine guns

First it was Fema and their militarization of localized police.  Then it was the U.S. Post Office, which themselves purchased firearms in preparation for any number of projected forms of domestic violence.  And now, in the wake of the Nevada standoff with Cliven Bundy by the Bureau of Land Management (BLM), the Department of Agriculture has submitted a proposal to purchase 7000 assault weapons, to be used i ...

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Russia holds meeting to plan for implementation of exports being done in Rubles not dollars

Late last month, a little known meeting took place with Russia's Finance Ministry to discuss the implementation of new export rules that will cut out the U.S. dollar, and increase the use of the Ruble in international settlements.  In addition, two nations, Iran and China, were said to have backed Russia's plan which will soon lead to an increase in global dissension over the reserve currency, and with glob ...

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College education rates rising faster than even income of 1%ers

Since 2008, the fastest rising consumer debt is far and away student loans.  Much of this is primarily due to a massive failure by the Federal Reserve and the White House to resolve the job problem in the U.S..  And with the Obama administration taking over Sallie Mae a few short years ago, his mission has instead been to focus on offering as much loan guarantees as possible to the next generation. But as w ...

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Newly separated state of Donetsk asks Putin for absorption into Russia

You know how you can tell this is not your Grandfather's Russian empire?  It is because former Soviet bloc states and populations are not fighting to abstain from being annexed by the Kremlin, but instead they are begging to join the Russian Federation.  In a quick turn of affairs in Eastern Ukraine on May 11, the newly referendumed state of Donetsk called for President Putin to absorb the sovereign state i ...

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Church of Communism: Pope Francis advocates to U.N. for nations to facilitate redistribution of wealth

It is always ironic when a head of state, who receives hundreds of billions of dollars per year from donations by his followers, calls for everyone else to take on the mantle of Communism and start redistributing the wealth of achievers into the hands of the have-nots.  But it is even more egregious when a religious leader, and one who claims to be speaking directly for God on earth, advocates the very same ...

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Fed Chair Janet Yellen refuses to answer if America is now an oligarchy

Earlier this week, Fed Chairperson Janet Yellen sat before the U.S. Senate and answered questions regarding central bank policy, and the state of the economy.  During one segment of her time on Capital Hill, Yellen was asked if she believed the country had evolved from a Democratic Republic into an oligarchy as attested by a recent Princeton Study.  Her answer itself was a disturbing mystery, as she obfusca ...

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If small businesses were a stock they would be in a Death Cross

In the stock market, there are two technical trends that provide a sure direction as to where an equity is going.  First is the Golden Cross, where the 50 day moving average (DMA) crosses over the 200 DMA and validates moves upward.  Then there is the Death Cross, where the 50 DMA crosses below the 200 DMA, and validates moves downward. And as with many technical models, these statistics can be transferred ...

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