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The state and municipal pension ponzi schemes are beginning to pop with Ohio next on the docket

If there is anything that politicians are good at doing it is ignoring potential threats until they suddenly fall out of the sky and bring to their doorstep a slew of angry constituents.  Yet before this happens these same politicians will try to kick the can of any proverbial crisis down the road until they no longer are in office to deal with it, or they can somehow spin the crisis to their benefit. One o ...

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India joins in on the bandwagon of sovereign governments potentially creating their own cryptocurrencies

Since cryptocurrencies are pretty much in the infant stages of acceptability and understanding, sovereign governments as a whole are on the fence in how to deal with de-centralized money.  However within the BRICS nations there is a growing trend towards co-opting the blockchain platform for their own benefit, and this is leading a majority of the countries within this coalition to begin a serious study on ...

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When it comes to government healthcare who is more ignorant? Bernie Sanders or the constituents that voted for him

Criticizing voters is not exactly fair since the Constitution protects the rights of the ignorant as well as the educated in their casting of ballots for whomever they so desire.  However when the People have to deal with a number of Congressmen and women in both the House and Senate who really have no business being there, who else can Americans blame since decisions made by these individuals can often hav ...

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Even as ESPN doubles down with more politics than sports, the TV industry continues to hemorrhage viewers

Over the past few days one of the biggest scandals hitting ESPN once again is from one of their African-American announcers calling President Trump a white nationalist because of his failure to cow-tow to the politically correct Black Lives Matter agenda.  And this scandal is simply a microcosm of the network's move over the past few years to spend more time talking about politics and social justice topics ...

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EU’s Juncker pressures ancillary states to not just join trade union but to also accept Euro as their primary currency

All appearances within the European Union are pointing to EC commissioner Jean-Claude Juncker wanting to turn Europe into one big superstate as the leading official is seeking to mandate that all ancillary countries who wish to join the coalition's Schengen Zone (trade zone) must also accept the Euro as their primary currency. Additionally on Sept. 13, Juncker called for the Union to create the office of a ...

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Consumers still racking up credit card debt at levels not seen since 2008 and the financial crisis

By now many people have read the stories or seen the surveys that show that the majority of Americans are either living paycheck to paycheck, or don't have enough savings to pay for an emergency expense of more than $400.  Which means that as price inflation continues to soar in the general economy, there are only two ways consumers can keep up with their buying of necessary items.  They skip out on one or ...

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How can the world focus in solutions when everything is now at risk?

The devastation of Hurricanes Harvey and Irma are just the latest in a long line of financial problems that the United States, Europe, and the rest of the world can't afford to pay for.  And as we head into the most volatile time of the market year, the question that crops up is how can individual nations, or the global community, focus on economic solutions when nearly everything is now at risk? Wars: Nort ...

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Russian finance minister working on regulatory groundwork for cryptocurrencies to end their ‘black market’ use

As we have mentioned in many articles here in the past, it was only a matter of time before individual governments begin to focus on cryptocurrencies and the myriad of other securities sprouting up on the blockchain.  In Japan for example, the government has readily accepted cryptos like Bitcoin as currency and are allowing their use within their general economy. However for China, Russia, and with the othe ...

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Poland flexes muscles against Germany by demanding $1 trillion reparations for World War II crimes

As the German led and controlled European Courts threaten to fine several Eastern European governments for refusing to accept Muslim jihadists into their borders, one of these countries is fighting back with a $1 trillion demand for reparations against Berlin. On Sept. 5, Poland's Foreign Minister said in a radio interview that serious talks must begin to take place over the atrocities and war crimes commit ...

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With nearly half of all Americans preferring Socialism over what we have now, they don’t even realize they are actually living under it

Perhaps the biggest irony of the 21st century is coming from a new poll in which 40%, or nearly half of all Americans, voted that they would prefer to live under a Socialist system of economics than a Capitalist one.  And the irony comes from the fact that most of these individuals don't even realize that they are already living under a mostly Socialist system, and have for the past 70 years. The American C ...

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U.S. appears to be wanting to cut their own throats in trade war against China over North Korea

It is one thing to go to the United Nations to get support against a rogue nation like North Korea, and receive multi-lateral support in the implementation of economic sanctions.  It is also somewhat viable for the U.S. to impose their own unilateral sanctions against Kim Jung-Un in response to their growing threat as a nuclear country. However it is something else entirely to declare that you are ready to ...

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U.S. becomes a rogue nation as it breaks long-standing international agreements with Russia over diplomatic immunity

During the decades of the Cold War, the West often referred to the former Soviet Union as both evil and paranoid, and the media in the U.S. and Europe went a long way towards pushing this propaganda into the hearts and minds of the people. Now 25 plus years after the fall of the Communist regime, the U.S. is once again trying to re-engineer a Cold War against Russia only this time the paranoia is in the sid ...

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