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40% Of Americans Have $500 Or Less In Savings

A survey of about 1,100 Americans finds that more than 4-in-10 respondents admit they don’t have more than $500 in readily accessible savings. The survey is a kind of departure for CreditDonkey.com, a website that compares credit card deals. Not respondents all were poor. Some had big houses, big mortgages or 401(k)s, but still no more than five Benjamins to rub together right now. Jill Michal, president an ...

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Unseen In 60 Yrs – Eyewitness To Lincoln’s Murder

A rare TV appearance of the last surviving person to witness the assassination of Abraham Lincoln's assassination has turned up on YouTube. The video is from a February 1956 episode of the TV game show I've Got a Secret. The show involved a notable person with a celebrity panel whose job it was to guess the secret behind what made the guest so famous. Guest: Host Garry Moore, right, escorts Samuel Seymour, ...

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Virginia Considers Creating Own Currency

Sign of the times. America is $14 trillion in debt. The secretive Federal Reserve System — a bastard-hybrid of privately-owned banks that act as America’s central bank with limited government supervision — secretly bailed out foreign banks for a mind-boggling $12.3 trillion. The much-anticipated demise of the dollar is given an extra push by last November’s announcement by China and Russia that they’ve aban ...

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Meet The Billionaires Behind The Best Presidents Money Can Buy

The last time we checked on the (funding) status of America's real presidential race - the one where America's uber-wealthy try to outspend each other in hopes of purchasing the best president money can buy - the totals were substantially lower. With November 6 rapidly approaching, however, the scramble to lock in those record political lobbying IRRsis in its final lap. And thanks to the unlimited nature of ...

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In Historic First China Begins Oil Extraction In Afghanistan

In a surprising (if not quite shocking) move, late on Friday Canada blocked Petroliam Nasional Bhd.’s C$5.2 billion takeover of Progress Energy Resources Corp. saying the bid by the Malaysian state-owned company "wasn’t in Canada’s national interests." As BusinessWeekexplains, "in what investors say is a test case for the $15.1 billion bid by CNOOC Ltd. of China for Calgary-based Nexen Inc., the Canadian go ...

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Rothschild Heir Reputation Ruined After ÂŁ700m Investment

Even at 76, with untold wealth and the holder of a rare Order of Merit from the Queen, Lord Rothschild has continued to dream. It is a father’s dream: that his only son Nat might one day lead the world’s most enduring banking dynasty to new heights, repairing an old family schism and burnishing its blue-chip image to even greater brilliance. Today Jacob Rothschild is a bitterly disappointed, even angry man, ...

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National Debt has increased more under Obama than under Bush

  CBS (CBS News) The National Debt has now increased more during President Obama's three years and two months in office than it did during 8 years of the George W. Bush presidency.     The Debt rose $4.899 trillion during the two terms of the Bush presidency. It has now gone up $4.939 trillion since President Obama took office.   The latest posting from the Bureau of Public Debt at the T ...

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25% Of World’s Gold Buried Underneath The NY Fed?

Speaking of terrorist plots to blow up the NY Fed. According to the government, 25% of the entire global supply of gold, approximately $355 billion, is buried six stories below ground, underneath the Federal Reserve Bank of New York building at 33 Liberty Street in downtown Manhattan.  The same Federal Reserve Bank that was targeted today by an Al-Qaeda linked terrorist with a fake 1,000-pound bomb.  Of cou ...

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BP Oil Could Reap Billions From Oil Spill

BP, which caused the biggest environmental catastrophe ever seen on U.S. shores, may be poised to receive the biggest tax break in American history as a result of it. The British oil company already has claimed $10 billion in tax credits from the 2010 disaster, caused when its Deepwater Horizon drilling rig exploded and spewed millions of gallons of oil into the Gulf of Mexico. Taxpayers could be asked to s ...

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55 Facts About The Debt & U.S. Government Finances Every American Should Know

The future of the United States of America is being systematically destroyed by our politicians, but unfortunately most Americans don't really grasp exactly what is happening.  Thirty years ago, our national debt had just crossed the one trillion dollar mark.  Just recently, it crossed the 16 trillion dollar mark. Prior to every election, politicians from both parties swear up and down that they will do som ...

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