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Eat, drink, and be merry for in all things you will be taxed

It is said that the three primary things a government is good for is growing itself, rewarding favored patrons, and taxing its citizens.  And whether it is the European Commission, the state of India, or even the United States, money is the fuel that helps those in leadership accomplish these primary goals. Many people have chuckled at the myriad of ways governments have used tax laws to try to scrounge up ...

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German finance minister Schauble seeks to save EU by demanding Italy and Greece continue austerity or leave EU

Now that the people of Italy have spoken through their rejection of a national referendum to restructure the government on Monday, the rest of the European Union is on high alert for what could be the next Exit event from the coalition.  And while it appears that the European Central Bank (ECB) earlier today followed the Fed's lead in bailing out and backstopping negative markets as was done following the e ...

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Deutsche Bank settles on gold manipulation case which now opens door for investors to sue other banks for fraud

Despite thousands of hours of investigations, and a mountain of evidence compiled by organizations such as GATA, one major bullion bank has finally been convicted of rigging the precious metal markets. On Dec. 2, Germany's Deutsche Bank finally settled on a $60 million agreement to pay investors financially wronged from their actions in manipulating gold prices in the commodity markets.  This settlement com ...

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November jobs report takes fake news to its ultimate end as rate goes down but people without jobs goes up

On Dec. 2 the Bureau of Labor Statistics (BLS) published their second to last jobs report for the Obama administration and the results are something even George Orwell would cringe over.  This is because the modest increase of 178,000 new jobs isn't even the real story within the report,  but rather the fact that the unemployment rate fell a whopping .3% simply because the government erased 446,000 people f ...

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UK’s ‘Warren Buffet’ predicts the end of the euro currency

Billionaire Jim Mellon is considered by some to be the UK's 'Warren Buffet' of finance and investing, and has a pretty good track record of prognostications for economic events.  In 2008 he correctly forecast the Great Recession, and earlier this year he backed voters (Although he thought it would fail) in choosing a YES vote for Britain to leave the Eurozone. And now on Nov. 28 Mellon is forecasting the en ...

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New study shows that the Reworking of trade deals with China is not just a luxury, but now a necessity

The beginning of the end for America's middle class began during the late 1990's and is now on life support following eight years of Barack Obama as head of the country.  And in that time the one nation who has benefited the most from NAFTA and GATT is the one with the largest rising middle class in the world. China. Yet coupled with this decline in high paying jobs because of corporations offshoring labor, ...

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Like in the EU, U.S. tax authorities now going after Bitcoin users to track their transactions

As most users of the world's biggest crypto-currency know, anonymity and de-centralization from government controls are two of the most important fundamentals that Bitcoin provides to individuals.  And in recent months around the world these protections having been at the center of much legislative discussion, especially in the wake of a growing loss of confidence in fiat currencies, and the inevitable comi ...

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Donald Trump’s ‘swamp draining’ populist movement could see next change occur in Italy

The fact that the majority of America's media resides in the ivory tower known as the 'beltway' is in large part as to why they never saw the Trump phenomenon coming, and why no mainstream media source picked The Donald to win on Nov. 8.  And perhaps one of the greatest examples of how ignorant to reality those who are isolated but consider themselves educated can be found is in one of the scenes from the m ...

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EU drafts new law allowing for banks to suspend payments to creditors in the event of a crisis

When you see governments, regulators, or central banks institute new financial laws on very short notice then it should come as a warning sign to everyone that a financial or monetary crisis is very real, and very near. Last year the European Commission passed a law forcing every Eurozone nation to have to pass their own sovereign bail-in laws before December 31, and even threatened multiple countries who w ...

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In the aftermath of the Wells Fargo fraud the bank has lost 40-50% of new business in accounts and credit cards applications

Despite the fact that the now former CEO of Wells Fargo tried to tell Congress and the business media that what Wells Fargo did to its own customers by opening millions of accounts and credit cards without their knowledge was just a simple 'mistake', the revelations of their fraud are now being seen in new customer applications. In a report by Wells Fargo on Nov. 17 for the month of September, the nation's ...

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President Obama’s gambit in Asia has officially failed and opens the door for China to control trade agreements in the Far East

Despite the fact that President Obama was able to get 12 Asian and South American countries to initially sign onto the Trans-Pacific Partnership (TPP) trade agreement last year, events leading up to and including the election of Donald Trump have now made confirmation of the TPP a dead issue. Back in late 2015, 12 nations which include: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, ...

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France validates that Socialism is just a step into Communism as govt. creates illegal nationwide database of everyone’s personal data

In nearly all so-called Communist governments in history, one of their most basic tenets was the labeling and documenting of every citizen.  In fact, people in Democratic countries used to laugh or scoff at the formal command of 'Papers please' in films and literature when these showed just how little freedom the people in these countries had once the government had their lives registered at every level. Bu ...

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