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Wealth inequality has hit the extreme in America as top 3 billionaires own more than 50% of the population combined

Thanks to the Federal Reserve's monetary policies of pushing cheap money to Wall Street, the central bank's program of destroying the Middle Class and siphoning wealth to the top 1% has nearly been accomplished.  And because of the artificial bubble that has grown in equity markets since 20010 following QE and the end of the Great Recession, the three richest Americans now control more wealth than the botto ...

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The business of America is no longer business, but caring for the sick

Exactly 100 years ago, a label was given to the dying Ottoman Empire where the coalition tied to the Central Powers during World War I was called the Sick Man of Europe.  And this label would eventually become part of the mainstream as it would one day be tagged to nearly every European country during the 20th century. Now here in the 21st century the 'sick man' title could easily be placed on the American ...

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Combined consumer debt back at all-time highs heading into Christmas shopping season

After a brief respite earlier in 2017, all of a sudden consumer debt across the board has surged in the areas of student loans, auto loans, and credit card debt just weeks before retailers hope to have their biggest selling period of the year. In fact credit card debt has soared back over the $1 trillion mark after falling below this Maginot lone during the summer, leading to a validation of a recent survey ...

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Trump’s tax reform will be meaningless unless he stops the Fed from imposing the hidden tax of inflation

For producers and consumers there are two primary ways to be taxed... directly and indirectly.  And judging by how the Fed has been allowed to hold sway over both fiscal and monetary policies since the 2008 Financial Crisis, President Trump's tax reform plan will end up being meaningless if he doesn't reign in the central bank's programs that have led to rising inflation. Over the past several years the Fed ...

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Not everyone is looking forward to tax reform as Congress is about to find out

For most corporations, small businesses, and individuals tax reform will be a welcome relief after more than two decades of rising taxes across the board.  However there are a number of groups who could actually lose some of their long-standing benefits which even go back to the Great Depression era, and they are preparing to engage in a full court press on Congress to lobby legislators towards protecting t ...

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50 years of rising inflation has led to Americans working longer, and dying earlier

For all intents and purposes the Great Society implemented by then President Lyndon Bains Johnson has been an undeniable failure.  It's goals were to end poverty and racial injustice, however there is more poverty today in the U.S. than in 1965 when the welfare state was created, and perceived racial injustice is just as great as ever. In the mid-1960's America had a booming economy and a relatively balance ...

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The future of capital creation on Wall Street begins in the cryptocurrency sphere with Overstock ICO set for Nov. 1

For corporations there are three different methods in which they can acquire necessary capital to grow their businesses.  First, if they are a private company they can apply for and implement an Initial Public Offering (IPO).  Second, if they are already a publicly traded company they can dilute their stock by selling shares.  And finally there is the option for a company to sell corporate bonds at an estab ...

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Russiagate takes massive turn as Hillary and the FBI now at the center of bribery, collusion and corruption scandals

For more than nine months the Establishment has attempted to discredit President Trump's victory by investigating a Russian non-story that has cost the taxpayers millions of dollars, and kept Trump from being able to go forward with his agenda.  But in less than a week, major breakthroughs in the scandal known as Russiagate have emerged, only the criminals at the center of it appear to be none other than Hi ...

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As part of tax reform Congress is looking at limiting deductions for contributions to 401K plans

When it comes to IRA's and 401K's, these programs are a catch-22.  The positive side of course is that contributions to each provide individuals a way to cut down on their tax obligations in the short term while also investing for their retirement decades down the road.  However there is also the dirty little secret few ever realize when they simply give thousands of dollars to Wall Street, and that is that ...

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Even after election of populist Donald Trump, Americans still see government corruption top fear to lifestyle

No matter how much the mainstream media, Congress, and the agencies that make up the deep state continue to blatantly attack President Trump, the American people are not being swayed by the propaganda.  And in a new survey from Chapman University earlier this month, the number one fear for Americans is not ISIS, nor is it the threat of nuclear war, but instead it is government corruption. Ie... the Deep Sta ...

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Politics enters Hurricane relief as a city organization demands virtual fealty towards Israel before disbursing funds

Much of the news regarding fraud in the distribution of Hurricane relief has primarily come from Puerto Rico and the rumors that certain politicians have held back supplies from people who may not have voted for them.  But in an absolutely shocking piece of news coming out of the state of Texas, one organization tied to the city of Dickson is demanding applicants for relief grants to virtually swear fealty ...

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The catch-22 of tax cuts and how will the government fund social security and $220 trillion in obligations

Ever since the Great Depression, the United States government has been writing checks that future generations would never be able to cash.  And this includes social security and a welfare system where over one-third of the American public already feeds off of. And while President Donald Trump is correct in realizing that the economy will not grow without a massive program of tax cuts and tax reform, the bot ...

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