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With Republican led Congress unable to pass new healthcare bill, leaders expect same failure with raising debt ceiling

Unlike the majority of Democrats who almost always vote in lockstep to what their leadership demands, Republican members of the House and Senate often split with each other when voting for a given bill or program.  And this division has only gotten worse since around 2010 when a group of Congressmen entered into the GOP on the coattails of the Tea Party movement. In fact, we saw this division play out just ...

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President Trump hires son-in-law to work towards privatizing multiple government offices and programs

On March 27 President Donald Trump created a new office for his son-in-law Jared Kushner with the intention of finding applicable offices and programs within the government that could be either streamlined, or outright privatized. Moving forward with one of his many campaign promises to treat government as one would a business, this move is similar in scope to Trump's budget submission from a couple weeks a ...

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Irony: U.S. sanctions against Russia have hurt American businesses more than they have Russian exports

Nearly 100 years ago President Calvin Coolidge issued the statement that, "the business of America is business."  However now in the 21st century this appears to be no longer the case, as the policies of the once greatest economy in history are now more about stifling business than they are about cultivating it. And this includes stifling their own. When President Obama attempted to blame Russia for the act ...

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Alabama town busted for jailing poor citizens in illegal debt prisons

While institutionalized debtor's prisons in the U.S. had been pretty much abolished since just before the Civil War, the practice of imprisoning individuals for failure to pay court ordered civil duty obligations has continued in local, state, and even Federal jurisdictions.  And the most common examples are with those considered to be 'dead beat Dad's' who fail to pay their court mandated child support. Bu ...

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UK to initiate and submit Article 50 for Brexit by end of month

On March 20, a spokesperson for Britain's Prime Minister Theresa May announced that the government would be submitting paperwork to initiate Article 50 on March 29 to fulfill the will of the people in exiting from the European Union. Nine months after the voters in the UK went to the polls and said yes to a Brexit from the EU, the island nation is now on the verge of becoming the first country to break away ...

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Senator Rand Paul introduces bill to restore American’s 4th Amendment rights and end civil forfeiture

One of the most egregious laws created over the past 40 years that has morphed into pure and simple government theft, is the statute regarding Civil Forfeiture and the 'right' of the state to seize your property without you either committing a crime, or them having to follow due process under the law.  In fact, civil forfeiture has become so widespread that state, local, and federal governments have illegal ...

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Greek people move to the ammo box against banksters and politicians as eight years of trying the ballot box fails

A few years ago the Greek people sought to change their government in an attempt to stop the looting and pillaging of their country by the EU and Troika following the 2008 financial crisis, and the un-elected rule placed upon them through Goldman Sachs technocrat Lucas Papademus.  This of course led to the installation of the Syriza party and the current Prime Minister Alexis Tsipris. But in 2013 the Greek ...

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Trump ready to drain the Washington swamp thousands of bureaucrats at a time

As of 2015, a whopping 21.5 million Americans were employed by the Federal, State, and local governments.  And although increased growth in Federal government employment fell off a bit over the past eight years under Barack Obama, it still grew by 10% during the former President's tenure ending this past January. So for the new President Donald Trump to say that the government is extremely wasteful and has ...

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As consumer spending falls off a cliff and consumer debt gets maxed out, FICO scores set to change to make borrowing easier

Back between 2004 and 2008, the financial system's desire to get anyone into a home was so great that even if you didn't have a job or couldn't afford a home, lenders would manipulate applications so that those below the poverty line were able to purchase $600,000 and higher McMansions. Now in 2017 when once again many American are maxed out on their debt limits and consumer spending is falling off a cliff, ...

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Be careful what you wish for, because you might just get it as inflation has now gotten out of control for central banks

For nearly a decade the Federal Reserve, along with nearly every other central bank in the industrialized world, has used zero or negative interest rates to try to bring about annual asset inflation to a designated benchmark of 2%.  And while they claimed that almost every year since the 2008 Financial Crisis that inflation has remained below this number, their monetary policies have finally reached a point ...

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Europe becoming so bad that ethnic Russians are repatriating back home in massive numbers

Contrary to the propaganda from the mainstream media that Russia is in dire economic straits and that the European Union is doing well, over 150,000 ethnic Russians decided to repatriate themselves out of Europe and from former Soviet satellite states to return to their ancestral homeland in 2016. Although primarily leaving from Baltic states like the Czech Republic and Romania, over 20% of the moves came o ...

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BRICS coalition falling apart as Brazil now in worst recession ever and South Africa moving towards land confiscation

In the past six months, three of the five BRICS nations have not only seen their place in the economy of the world's best emerging markets decline, but in some cases get shattered by political and monetary programs that have rendered them to the back burner as players on the global financial stage. Starting in November of last year, India announced a sudden repatriation of their two largest currency notes, ...

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