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Bitcoin continues steady climb upward as it crosses $500 USD

This past week saw some extraordinary divergences in the Bitcoin saga.  First, a Supervisor for the state of New York declared his intent to seek massive regulation over the currency, and is looking to introduce licences to retailers who decide to one day transact purchases using the digital money.  Secondly, Economist and financial analyst Peter Schiff went public in declaring Bitcoin to be little more tha ...

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RUSSIA MOVES To OUTLAW U.S. DOLLAR, Calling It a Ponzi Scheme

MOSCOW — Predicting the imminent collapse of the U.S. dollar, a Russian lawmaker submitted a bill to his country’s parliament Wednesday that would ban the use or possession of the American currency.   Mikhail Degtyarev, the lawmaker who proposed the bill, compared the dollar to a Ponzi scheme. He warned that the government would have to bail out Russians holding the U.S. currency if it collapses. ...

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Famous Actor Claims He Trained Obama For His Role As President [VIDEOS]

“This is an actor that we hired”   During an appearance on the Alex Jones Show, Chicago radio host Eric ‘Mancow’ Muller revealed that actor Harry Lennix told him he was hired to train Obama how to look presidential by mimicking the actor’s demeanor and body language. Lennix, who was born and grew up in Chicago, gave frequent lectures before he became an actor, while also teaching music and civics in the Chi ...

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It’s official: Quantitative Easing is a failure

In late 2008, and a little ways past the start of the Great Recession, the Federal Reserve decided to introduce a new form of money printing known as Quantitative Easing.  In this new scheme to increase liquidity and attempt to stimulate the economy, the Fed began buying toxic assets from banks , while at the same time, allowing financial institutions to borrow money at near zero interest.  This combination ...

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Home Sellers Discover Hidden New OBAMACARE TAX [W/ VIDEO]

  The Affordable Care Act or Obamacare seems to be in the headlines every day because of all of the problems surrounding the launch. And while most realize the law is funded in part by the individual mandate and penalty tax, it is also being funded in ways that are not discussed as much in the media.   Luxury real estate broker Ron Aioso says there is a tax that is rarely discussed that also helps ...

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Home ownership quickly becoming unaffordable as mortgages rise to 40% of household spending

The bursting of the 2007 housing bubble occurred because of many factors, but a primary reason for the collapse was due to the inability of Americans to afford the cost of rising mortgage payments.  When the crash occurred, the average amount of household income being spent on mortgages and rents was at or above 40%, and it led to a wave of foreclosures that are still haunting the market to this day. Yet th ...

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Bitcoin $400: U.S. government pulling out all stops to protect dying dollar

Unlike fiat currencies, digital currencies like Bitcoin do not conform to 'market hours' in determining their price and value.  Thus the ever growing virtual currency trades 24 hours per day, 7 days a week, and is not limited to central bank authority.  However, due to the increased exposure that Bitcoin is experiencing both in the U.S., and now in Asia, government agencies like DHS and even Congress are de ...

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China Poised To DEMAND U.S. LAND As Payment For U.S. Debt

NEW YORK – Could real estate on American soil owned by China be set up as “development zones” in which the communist nation could establish Chinese-owned businesses and bring in its citizens to the U.S. to work? That’s part of an evolving proposal Beijing has been developing quietly since 2009 to convert more than $1 trillion of U.S debt it owns into equity.   Under the plan, China would own U.S. busin ...

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Bitcoin may one day be expanded for use on Ebay and on Paypal

Paypal revolutionized the way consumers could buy and sell products and services outside the realm of credit cards and banking services, and in doing so, allows for commerce to take place globally through the medium of the internet.  This new monetary exchange became so successful, that the world's largest auction center (EBAY) purchased Paypal in 2002, and has expanded it to function as an exchange in some ...

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DO YOU OWE BACK TAXES? … If So, DON’T COUNT on FLYING ANYWHERE Due To TSA’s New “PRE-SCREENING” Policy

  Travelers are now being subjected to even more invasive screening procedures by the infamous Transportation Security Administration (TSA).   Before “allowing” people to travel, the TSA is performing unwarranted checks of a wide variety of personal documents, going further than ever before into the lives of innocent passengers.  As expected, Americans will roll over for the new intrusions and accept t ...

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Meet The Man Who Lives Without Money

Think you couldn’t live without money? Irishman Mark Boyle challenged this notion and here’s how he finds life with no financial income, bank balance, and no spending.   “If someone told me seven years ago, in my final year of a business and economics degree, that I’d now be living without money, I’d have probably choked on my microwaved ready meal.” According to Boyle, the plan back then was to ‘get a ...

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