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American military vs. American military in Iraq?

When President Bush ordered U.S. forces into Iraq in 2003, trends forecaster Gerald Celente predicted that no matter the outcome, the result would eventually lead to civil war.  Well, it took 11 years from that time for his prognostication to come to pass, but ironically, it is another civil war that is about to take place in the region, and it has nothing to do with the Sunnis, Shiites, or Kurds. It has to ...

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FDIC closes Freedom Bank in OK bringing total number of failed banks in 2014 to 12

Freedom State Bank., located in Freedom, OK, was closed down by the FDIC on Friday, June 27.  This bank failure is the third for the month of June and brings the total amount of bank closures in 2014 to 12. 6/27/2014 *** OK *** Freedom *** Freedom State Bank *** $5.8 million dollar estimated FDIC DIF cost. The total DIF for failed banks this week is $5.8 million. If you were banking at Freedom State Bank in ...

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Putin trumps Obama in Iraq: Maliki cancels Jet order with U.S. for Russian planes

Mission accomplished.  Only this time it is Russia and their President Vladimir Putin who is crowing about victory in Iraq.  In a bloodless coup on June 26, Iraqi Prime Minister announced that they are going to purchase Russian jets to fight against ISIS insurgents despite a contract Maliki had with the U.S. for fighter planes that the government had delayed endlessly in providing. Iraq's Prime Minister Nou ...

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Major win for privacy: Supreme Court rules police need warrant to view cell phone data

In an astounding win for 4th Amendment and privacy advocates, the Supreme Court on June 25 just issued a new ruling on the rights of police to confiscate and view cell phone data without a warrant.  In their unanimous ruling at the high court, Chief Justice Roberts spoke for the assembly when in his brief he wrote that today's cell phone technology is more than simply a conveyance for communication, but a f ...

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GDP for Q1 falls even lower to -2.9% after final revisions

When the Bureau of Labor Statistics (BLS) comes out each quarter with their primary report on economic indicators such as unemployment, Consumer Price Inflation (CPI), and Gross Domestic Product (GDP), the reality is that the metrics for determining these data points have become so manipulated, that the country rarely discovers the true statistics and cogent numbers until we come to the end of the next quar ...

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Fed (USA) 1 Germany 0: Eurozone leader gives up on getting its gold back from central bank

Under growing public pressures, Germany had called for a repatriation of their offshore gold reserves being held in French, British, and U.S. central banks back in 2012.  However, because the Fed claimed 'logistical' issues in delivering it back to them, the Eurozone leader had to accept a seven year shipping schedule from the U.S. to ever have it returned.. And now, on June 23, Germany suddenly appears to ...

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Newspaper company joins banks in buying life insurance policies on their employees

After the string of mysterious deaths occurring for mid-level bankers around the world, it was revealed that many financial institutions, including J.P. Morgan Chase, have purchased life insurance policies on their own employees that are valued at or near $680 Billion.  In fact, the banks use these policies as assets on their books to help manipulate their balance sheets, as seen by the fact that a complete ...

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Healthcare Fail: U.S. system considered the worst though it costs the most

Even without the implementation of Obamacare, the American healthcare system has been on the decline for several years.  And as with most government managed systems, which includes both education and the Veterans Administration, the cost of America's healthcare is the highest costing in the developed world, while being the worst for treatment and care. The United States health care system is the most expens ...

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FDIC closes two banks in FL and IL bringing total number of failed banks in 2014 to 11

Valley Bank., with branches located in both Moline, IL and Ft. Lauderdale, FL, was closed down by the FDIC on Friday, June 20.  These bank failures are the first two for the month of June and bring the total amount of bank closures in 2014 to 11. 6/20/2014 *** IL *** Moline *** Valley Bank *** $51.4 million dollar estimated FDIC DIF cost. 6/20/2014 *** FL *** Ft. Lauderdale *** Valley Bank *** $7.7 million ...

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China forms new trade agreement with Britain outside the dollar

It seems almost to be a daily occurrence now that both Russia and China are finalizing new trade agreements with nations that will facilitate the use of their own currencies in trade settlements, and bypass the dollar system that has stood for more than 40 years.  But on June 19, this trend ratcheted up to a whole new level when China signed a deal with America's biggest ally Britain that will allow direct ...

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Putin adviser offers new plan against the dollar to force U.S. out of Ukraine

Remember Ukraine, economic sanctions, and John Kerry's pointed finger?  Those seem a long time ago in the world of 24 hour mainstream media.  But contrary to the lack of coverage in the U.S., objectives are being formulated right now in Russia over the Ukrainian problem, with Putin's close adviser Sergey Glazyev offering a new idea on just how to get the U.S. and NATO off Russia's border. A global anti-doll ...

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Americans renouncing citizenship up 25% over 2013 in just the first six months

In 2013, approximately 750 Americans officially renounced their citizenship, and followed through with the paperwork to divest themselves from U.S. sovereignty.  However, because of political and economic reasons that have carried over into 2014, the number of Americans who have renounced their citizenship this year has already surpassed all of last year, and in fact, has increased that number by 25% in jus ...

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