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IRS provides Equifax a backdoor bailout after credit agency hack put over 100 million Americans data at risk

To show you just how corrupt the swamp in Washington is, the IRS last week gave Equifax a psuedo 'back door bailout' as the government agency provided the credit bureau a no-bid contract to... secure data for the IRS's taxpayer database. It just doesn't get anymore ironic than that. Just hours after Equifax CEO Rick Smith wrapped up his testimony before the House Energy and Commerce committee ‚Äď the first in ...

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Fast food upstart Shake Shack’s new location will be partially run by robots, no longer accept cash

A Manhattan Shake Shack location is opening that will likely be a model for the future of fast food as the upstart restaurant is charting a course of automation that will include no longer accepting cash for payments. In fact replacing cashiers with automated kiosks could be the first step in the creation of a virtually human free restaurant as customers can place their orders from automated screens or from ...

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Desperate home builders seeking Millennial buyers by offering to subsidize their student loan debts

With the Housing Bubble 2.0 really beginning to cause stagnation in the real estate markets, one home builder appears to be more desperate than ever to try to entice Millennials out from Mom and Dad's basement and into a new home.  And what they are focusing on is a way to shift their student loan debts into mortgage debt by offering to pay off a portion of their loans if they put money down for a new home. ...

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State of Nevada finds massive windfall in just the first month of pot legalization

It took a few years after both Colorado and Washington paved the way for pot legalization, but it appears that the state of Nevada, and in particular the city of Las Vegas, could become the model of how municipalities and states could find tax windfalls from sales of marijuana. In fact in just the first month of pot legalization, Nevada reported a gain of $3.68 million in tax revenues from sales of the subs ...

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You know the jig is up with the economy when the Fed admits they were wrong about inflation and jobs

Despite employing hundreds of P.H.D. economists as well as having access to the very best data, the Federal Reserve has proven itself to have been little more than a propaganda tool, and a mechanism by which the remaining wealth of the people has been funneled into the hands of a few.  And with the central bank's credibility having been destroyed through the ignorance and outright lies of its former and cur ...

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Social Justice proliferates U.N. as world body advocating U.S. pay reparations for past slavery

As more and more individuals and organizations double down on political correctness, racial division, and social justice, the bottom line always seems to manifest with someone needing to cough up cash to give to someone else.  And the newest call for this is coming from the United Nations where a hard to find report published last year advocates that the U.S. should pay reparations to black Americans for th ...

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Fed Governor spins more propaganda as Brainard blames income inequality over bank’s policies for declining growth

Perhaps it should come as no surprise that an individual who grew up in a Communist environment, and later became a favorite of the Obama administration, would blame income equality as the primary reason why the economy has not recovered much over the past decade.  But this is exactly what Lael Brainard, a member of the Federal Reserve Board of Governors, preached in a report on the current state of the eco ...

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Even with legitimizing Bitcoin for commerce, Japan wants to replace cash with its own cryptocurrency

With money velocity in Japan's economy at excruciating lows, the government decided a few months ago to allow a private cryptocurrency to proliferate in commerce.  But even with the acceptance of Bitcoin in their general economy, Japan is seriously looking at creating its own sovereign crypto to replace the people's reliance upon cash. Authorities in Japan are considering starting a digital currency to be c ...

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The economics of NFL protests continues as DirecTV facilitates customers who want to cancel football packages

If there was ever an event that could potentially divide a large portion of the country, it could very well be a National Football League game.  This is because on nearly all given weeks, more people watch football on television and at stadiums than they do any other sport or entertainment broadcast. And besides the more obvious division between fans in choosing one team over another, the irony that is grow ...

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U.S. sanctions against Russia have now helped replace Exxon Mobile with Gazprom as world’s largest energy company

Perhaps one of the biggest ironies in the ongoing sanctions war against Russia is that the U.S. continues to shoot themselves in the foot the more they try to impose their economic will on Moscow. Over the past four years both the U.S. and Europe have seen economic declines once they chose to place a 'red line' against Russia over Washington's own funded Maidan coup in Ukraine.  And in the meantime, Russia ...

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Liberals lose their ‘Trump card’ over refugee ban as the President adds non-Islamic nations to the list

One can never expect to win an argument with liberals since they have no understanding of the use of logic and reason.  However, they are very good at obfuscating issues by using emotional stimulus to try to garner favor to their side, and this was especially prevalent when President Trump issued his first travel and refugee ban earlier this year. However on Sept. 24 the President issued an updated list of ...

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Leaked Tax Reform plan misses the boat completely since America is a consumer economy, not a manufacturing one

Earlier this afternoon Axios published what they called a 'leaked' outline of President Trump's planned legislation for tax reform.  And of course both Republicans and Democrats in Congress responded with their tired old complaints about the rich not being taxed enough, and the deficit not allowing for large cuts. However none of their arguments actually hold any water since the majority of big corporations ...

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