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Obama administration increases national debt by over $1 trillion in less than a month

There was a reason why Congress established a debt ceiling limit during World War I, and it was primarily due to the possibility that greedy politicians would one day use the power of debt to bankrupt the country in pursuit of their agendas. So when Congress chose to remove the debt ceiling in a temporary measure after 16 days of a government shutdown, the fears of the original legislators have now come to ...

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Stock market euphoria: Dow crosses 16000 and S&P goes over 1800

Quantitative Easing has reached its 2013 goals with more than a month to spare.  On Nov. 18, the Dow crossed over 16000 for the very first time, and the S&P 500 achieved 1800 as each exchange set new intraday records for stock prices. The only numbers that matter today are 16000, 4000 and 1800: those are the Fed's closing targets for the Dow Jones, the Nasdaq and the S&P. Following last night's Chin ...

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Ron Paul: Fed policies are made to benefit crony capitalists

Just days after the unprecedented event of a former Federal Reserve insider apologizing to the American people regarding the dire consequences the central bank has imposed on the economy through Quantitative Easing, former Congressman Ron Paul provided a little more insight on those remarks, and expanded the dialogue to say that the Federal Reserve's primary intention has always been to benefit crony capita ...

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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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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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ANONYMOUS Warns 9/11 Style Attack in LOS ANGELES May Be IMMINENT

The world renowned hacker activist group “Anonymous” issued one of their civic-minded warnings yesterday on behalf of the people of Los Angeles. Anonymous has indicated that they have information which leads them to believe that a false flag event similar to the twin tower attacks in New York is in the works for the Citi Bank building. The chief tenant of that building at this time is Freddie Mac.   Th ...

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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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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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America faced with ogre’s choice of escalate Syrian conflict or lose Saudi Arabian alliance

Since the beginning of October when President Obama backed down from confrontation over the alleged gas attacks that killed dozens of people in Syria, tensions between the United States and their necessary ally Saudi Arabia have grown strained as the religious battle between Sunni and Shiite nations force the U.S to have to pick a side.  And with the current Saudi ruler being closeted from public view due t ...

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