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New Greek Finance Minister holds Damocles Sword over ECB

It suddenly appears that the Syriza Party in Greece really means business now that they have taken over the government after six years of austerity and rule by elitist oligarchs.  And as the new Finance Minister Yanis Varoufakis stated in an interview on Jan. 27 directed towards the European Central Bank (ECB), and the financiers who helped impoverish the Eurozone nation... Greece doesn't need the Eurozone, ...

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S&P downgrades Russia while keeping U.S. the same despite their insolvency

The U.S. ratings agencies have been under fire since the 2008 credit crisis when they were accused of covering up the true rating of toxic bonds and other assets during the housing bubble and subsequent sub-prime crash.  But the one time they actually tried to implement a ratings downgrade on the great and mighty U.S. government they were slapped with a lawsuit by the Department of Justice for their temerit ...

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Coinbase expands bitcoin operations in the U.S.

Coinbase, which is a privately owned company dealing primarily in Bitcoin payments, has now opened a newly regulated exchange on Jan. 26 to facilitate the buying and selling of Bitcoin through a range of national currencies.  Similar to the now defunct Mt. Gox enterprise, Coinbase has a strong backing from Wall Street as venture capitalists have funded them with $75 million to get the exchange operational i ...

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10 Signs The Global Elite Are Losing Control

Karma is coming for the elite in a big way. As the Powers That Be head toward a devastating defeat in their war plans for Syria, signs are emerging that their rule over humanity is rapidly diminishing. Over the last decade the global elite have been on a mad dash to consolidate power over the world. It’s always been their plan like some evil villain in a comic book, but after 9/11 the plan went into overdri ...

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Another banker dies a mysterious death and becomes 4th fatality of 2015

The frequency of bankers dying mysterious deaths reached a peak in 2014 with at least 36 publicly known fatalities, and 2015 does not appear to be slowing down this trend.  On Jan. 23, Dutch financier Chris Van Eeghen of ABN Amro was found dead of an apparent 'suicide' despite the fact that he was one of the most cheerful and optimistic people ever known by both friends and family. Following the deaths of 3 ...

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FDIC closes bank in Illinois bringing the number of bank failures in 2015 to two

Highland Community Bank, located in Chicago, IL, was closed down by the FDIC on Friday, Jan. 23.  This bank failure is the second for the month of January and is the second bank closure for 2015. 1/23/2015 *** IL *** Chicago *** Highland Community Bank *** $5.8 million dollar estimated FDIC DIF cost. The total DIF for failed banks this week is $5.8 million. If you were banking at the Highland Community Bank ...

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Europe jumps on QE wagon with Euro falling to 12 year lows

Life is full of both irony and paradox, and today's move by the European Central Bank (ECB) to implement their own form of Quantitative Easing is a picture of both.  On Jan. 22 ECB Chief Mario Draghi announced a new money printing and bond buying program that will attempt to wrest the Eurozone from an ongoing depression that is mixed in with a deflationary spiral.  At the same time, the ECB has now set in m ...

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Gold hits $1300 and silver breaks through $18 as financial system begins to crack

In early morning trading in Asia, and after the U.S. markets had already closed, gold traded over the $1300 point for the first time in six months.  Additionally, the last 12 days of trading for the monetary metal are the biggest two week rise since 2011 when ironically, the Swiss chose to peg their currency to the Euro, and something they undid last week. Not to be outdone, silver prices have also continue ...

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FDIC closes bank in Florida to become first bank failure for 2015

First National Bank of Crestview, located in Crestview, FL, was closed down by the FDIC on Friday, Jan. 16.  This bank failure is the first for the month of January and is the first bank closure for 2015. 1/16/2015 *** FL *** Crestview *** First National Bank of Crestview *** $4.4 million dollar estimated FDIC DIF cost. The total DIF for failed banks this week is $4.4 million. If you were banking at the Fir ...

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Remember Facta? Now meet the IRS database to manage everyone’s bank accounts

When Congress and the the President sought to institute a measure of capital controls on the people of the United States, and keep the public from rushing outside the country to move their money for protection, they came up with a scheme known as FACTA.  FACTA is the Foreign Account Tax Compliance Act, and under this draconian piece of legislation is the demand on any foreign bank that does business with th ...

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Grandmaster Putin’s Trap: Russia is Selling Oil and Gas in Exchange for Physical Gold

Accusations of the West towards Putin are traditionally based on the fact that he worked in the KGB. And therefore he is a cruel and immoral person. Putin is blamed for everything. But nobody ever accused Putin of the lack of intelligence. Any accusations against this man only emphasize his ability for quick analytical thinking and making clear and balanced political and economic decisions. Often Western me ...

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George Soros calls for West to give $50 billion to Ukraine to escalate war with Russia

On Jan. 8, financial terrorist George Soros provided insight into the mind of a monetary hit man as he wrote a piece at the New York Review of Books calling for the West to fund the insolvent nation of Ukraine with $50 billion in a move that would both escalate and continue the ongoing proxy war between the U.S., Nato, and Russia. In his piece, Soros advocated not only giving Ukraine much needed financial s ...

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