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ECB to kill savers with new Negative Interest Rate Policy

After two years of continuous jawboning, the head of the European Central Bank (ECB) finally acted and laid down a new policy that will destroy savers and anyone who wishes to protect their cash in the fiat currency system. On June 5, Mario Draghi lowered the interest rate for banks to a negative interest rate in an attempt to stave off the massive deflation that was creeping into the EU and in essence, kic ...

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Apple jumps on the Bitcoin bandwagon

Bitcoin users hit the mother lode on June 2 when America's largest company announced they were going to begin accepting the virtual currency in their Apps Store, and allow developers the power to sell Apple O/S based programs for Bitcoin. Aaron Trask:  It was a good day for Bitcoin and other virtual currencies.  Apple, for the first time, gave approval to developers for apps that are paid with virtual curre ...

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Fed patriarch Paul Volcker says its time for a new Bretton Woods

The original Bretton Woods conference of July 1944 was the primary foundation for the U.S. dollar becoming the global reserve currency during the final stages of World War II.  And while the original charter lasted until 1971 when President Nixon took the dollar off the gold standard, its significance and name has been used as a springboard for any future reserve currency discussions. On May 21 at the annua ...

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FDIC closes bank in Maryland bringing total number of failed banks in 2014 to 9

Slavie Federal Savings Bank., located in Bel Air, MD, was closed down by the FDIC on Friday, May 30.  This bank failure is the third one for the month of May and brings the total amount of bank closures in 2014 to nine. 5/30/2014 *** MD *** Bel Air *** Slavie Federal Savings Bank *** $6.6 million dollar estimated FDIC DIF cost. The total DIF for failed banks this week is $6.6 million. If you were banking at ...

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George Soros Tells America to Take Their Money Out of the Banks Before It’s Too Late

The present objective of George Soros. When George Soros is not donating millions to the North American Man Boy Love Association (NAMBLA), his money  movements have been predictive of an impending economic collapse. This has made him the most watched bankster in the world. If you have any money in a domestic American bank, you would be wise to read this article and act accordingly. This article is the first ...

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Activist DESTROYS $500,000,000 In STUDENT DEBT Records [W/ VIDEO]

Student debt is a major problem. Many graduates find themselves paying back the debts they accrue over the course of their entire lives. But now an activist Francisco Tapia has burnt documents representing $500 million in student debt. The Chilean activist stole and then destroyed the documents during a protest at Universidad del Mar. Tapia, who is also known as ‚ÄúPapas Fritas‚ÄĚ, said that he had ‚Äúliberated‚ÄĚ ...

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Iran deals with criminal bank fraud the old fashioned way… they hung him

In the Western banking world where financiers own and control the nation's politicians, fraud, abuse, and corruption are not just a rare anomaly in the market, but it is how business is done.  And with no major bankers ever being prosecuted by both the Bush and Obama administrations, simply paying small fines have only resulted in an increase to the fraud and theft. But in the world of Islam, money and bank ...

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FDIC closes bank in Ohio bringing total number of failed banks in 2014 to 8

Columbia Savings Bank., located in Cincinnati, OH, was closed down by the FDIC on Friday, May 23.  This bank failure is the second one in the month of May and brings the total amount of bank closures in 2014 to eight. 5/23/2014 *** OH *** Cincinnati *** Columbia Savings Bank *** $5.3 million dollar estimated FDIC DIF cost. The total DIF for failed banks this week is $5.3 million. If you were banking at Colu ...

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FDIC closes bank in Illinois bringing total bank closures for 2014 to 7

AztecAmerica Bank., located in Berwyn, IL, was closed down by the FDIC on Friday, May 16.  This bank failure is the first one in the month of May and brings the total amount of bank closures in 2014 to seven. 5/16/2014 *** IL *** Berwyn *** AztecAmerica Bank *** $18.0 million dollar estimated FDIC DIF cost. The total DIF for failed banks this week is $18.0 million. If you were banking at AztecAmerica Bank i ...

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Fed using Belgium to mask fact that QE never ended, and there is no taper

The Federal Reserve, like any bank, has two faces.  One is the public face, which goes before Congress and speaks publicly on monetary policies.  Then there is a face that hides in the shadows, and does the primary work of facilitating control over the entire Western banking system. So when Federal Reserve Chairman Janet Yellen propagated the Quantitative Easing (QE) tapers of the last 8 months, what was re ...

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RAND PAUL: I Will BLOCK FEDERAL RESERVE NOMINATIONS Until the Place is AUDITED

‚ÄúToday, I issued a letter to Harry Reid announcing my intent to hold the pending nominations to the Federal Reserve System unless S. 209, the Federal Reserve Transparency Act (Audit the Fed), is also considered.‚ÄĚ Votes have yet to be scheduled on the pending nominations to the Federal Reserve System, Executive¬†Calendar¬†No. 767, 768, 769, and 771. The text of that letter can be found¬†HERE¬†or below: LETTER TE ...

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Modern Day Robin Hood Steals Massive Sums of Money From Banks to Invest in Communities in Need

A man in Spain named Enric Duran has been in hiding for 14 months, after taking almost half a million euros out in loans he never intended to repay, to donate to activism and create alternatives to the current paradigm. He says his work created opportunities, and that it “generated a movement that allowed us to push forward with the construction of alternatives. And it allowed us to build a powerful network ...

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