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FORMER CFR, CIA HEAD BUSH SR HOSPITALIZED

Former President George H. W. Bush is in a Houston hospital with a lingering cough, but his doctor said Thursday that he is improving and should be discharged this weekend. Bush, 88, has bronchitis, which alternately got better and worse for a week before improving in the last few days, said Dr. Amy Myunderse, the physician in charge of his care at The Methodist Hospital. The condition was never considered ...

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Fitch Downgrades Argentina and Predicts Default

Fitch also said that Argentina's economy has slowed sharply this year Photo: AFP Credit rating agency Fitch has downgraded Argentina, which is locked in a court battle in New York over its debt, and said the country would probably default. Fitch cut its long-term rating for Argentina to "CC" from "B," a downgrade of five notches, and cut its short-term rating to "C" from "B". A rating of "C" is one step abo ...

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Goldman Wins Again As European Union Court Rules To Keep ECB Involvement In Greek Debt Fudging A Secret

Three years ago, a hard fought landmark FOIA lawsuit was won by the great Bloomberg reporter, the late Mark Pittman, in which the Fed was forced to disclose a plethora of previously secret bailout information, which in turn spurred the movement to "audit the Fed" and include a variety of largely watered down provisions in the Frank-Dodd bill. This victory came despite extensive objections by the Fed and the ...

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Henry Kissinger – Architect Of The New World Order

For a huge variety of well justified reasons, Dr. Henry Kissinger is believed by millions to be one of the single most evil individuals still living, or to have ever lived. The problem with considering Dr. Kissenger as "evil" is that inside of each of us there is a little Dr. Kissinger that lacked the nourishment to reach the heights of satanic fruition that Dr. Kissinger has reached. Literally, Kissinger i ...

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Manhattan Gold Depository Declares A Force Majeure

MTB, one of five depositories licensed to deliver gold against CME's benchmark 100-troy ounce gold contract, held 29,276 troy ounces of gold and 33,000 troy ounces of palladium as of Nov. 23, according to data from CME subsidiary Comex. In a notice to customers on Monday, CME declared force majeure, a contract clause that frees parties from liability due to an event outside of their control, for the facilit ...

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Western-Backed Congo Rebels Surround Central Bank

Congo rebels appeared to be looting the central bank in Goma after refusing to withdraw from the city they captured last week. M23 fighters surrounded the bank early this afternoon and were seen loading white bags into cars. The armed rebels looked nervous and ordered the Guardian to leave the area. "They're looting the bank," a UN source said. Later another UN source denied that there had been money in the ...

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Man With Data On Huge Russian Fraud ‘Drops Dead’

A Russian supergrass who was helping Swiss prosecutors uncover a multi-million pound money laundering scheme used by corrupt Russian officials has died in mysterious circumstances outside his Surrey home, The Independent can reveal. Alexander Perepilichnyy, a wealthy businessman who sought sanctuary in Britain three years ago after falling out with a powerful crime syndicate, collapsed outside his mansion o ...

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Kabul Bank Fraud – Nearly A $1 Billion ‘Diverted’

Officials and collaborators at Kabul Bank, the largest bank in Afghanistan, embezzled $900 million out of the country via the misuse of power and political interference, according a new report commissioned by the Afghan Finance Ministry. The report, which was published Wednesday by an independent monitoring agency, said the scheme cost Afghanistan around 5 to 6 percent of its Gross Domestic Product (GDP), w ...

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INFLATION AHEAD: Bid Farewell To Pennies And Nickels!

The penny has run out of luck, both in Canada and in the United States. Back in March, the Royal Canadian Mint announced that they were phasing out the penny due to “low purchasing power and rising production costs”, according to CBC News. Canada was pigeon-holed into this decision after the penny decreased to 1/20th of its original purchasing power, becoming an unnecessary “burden on the economy.” The U.S. ...

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STUDENT LOAN BUBBLE JUST POPPED: Student Debt 90+ Day Delinquency Rate Goes Parabolic

We have already discussed the student loan bubble, and its popping previously, most extensively in this article. Today, we get the Q3 consumer credit breakdown update courtesy of the NY Fed's quarterly credit breakdown. And it is quite ghastly. As of September 30, Federal (not total, just Federal) rose to a gargantuan $956 billion, an increase of $42 billion in the quarter - the biggest quarterly update sin ...

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WHERE DID THIS STORY GO?: CNBC Exec’s Children Murdered, 1 Day After CNBC Reports $43,000,000,000,000 (TRILLION) BANKSTER LAWSUIT

This week financial news organization CNBC gave some mainstream attention to the largest money laundering and racketeering lawsuit in United States History, in which “Banksters” and their U.S. racketeering partners are being accused of laundering of 43 trillion dollars worth of ill gotten gains. The lawsuit is said to involve officials located in the highest offices of government and the financial sector. S ...

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Is Our Debt Burden Really … $100 TRILLION?

$122,000,000,000,000 in $100 Bills Visualized. The problem with budgeting 75 years into the future is that you end up with a lot of numbers that are much more meaningful to actuaries than to other living people Wanna scare somebody about America's debt on the eve of the Fiscal Cliff? I mean, really scare somebody? Here's a trick. Don't talk about the debt. Talk about "unfunded liabilities." The U.S. nationa ...

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