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Russia wants to end sanctions against EU, but European Commission rejects olive branch

On Nov. 8, Russia's Economic Minister spoke to business leaders in Rome about their desire to end the game of sanctions inflicted by both sides over the U.S. induced Ukrainian conflict.  However, Aleksey Ulyukaev asserted that it was not Moscow who was holding up talks to end the economic warfare between Europe and Russia, but the European Commission in Brussels. Beginning in early 2014, the U.S. chose to i ...

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Dallas pension fund Part III: City threatens to raise property taxes on citizens to cover shortfalls

Thanks to programs like Dodd-Frank and others which have allowed Wall Street and pension fund managers to mask the true value of their assets through a scheme known as 'mark to model', state, local, Federal, and many private retirement accounts have been able to skate by with being severely underfunded.  But for one municipality, a state court ruling made a few months ago summarily meant that the proverbial ...

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After Bitcoin use starts to become mainstream in Switzerland, officials rush to regulate the crypto-currency

Even more than its potential use in laundering money, or allowing for transactions outside the purview of finance ministries, the one thing government seem to fear more than anything when it comes to Bitcoin is it becoming a currency used widespread in retail transactions.  This is because Bitcoin leaves no paper trail for the establishment to follow, and thus severely bites into their power through their c ...

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Obama administration puts out final jobs numbers before election

Last week it was a shockingly high GDP print, and today the Obama administration issued October's job report in one last attempt to sway voters heading into the Nov. 8 election. As usual the Bureau of Labor Statistics (BLS) printed a surface number for jobs that while below analyst expectations, appears to show improvement in the job market.  However when you go below the surface, the trend continues for ne ...

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Italian businesses beg Russia to suspend their sanctions on the EU

The German business community is not the only one within the EU at odds with their government over economic sanctions imposed upon Russia in which they were falsely accused of invading Ukraine back in 2014.  In fact, several Scandinavian economies have also turned on their own leaderships after businesses there have lost billions of Euros from lost trade with the Eurasian power. And now we can add Italy to ...

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California, not the Federal Government, is the first to introduce mandatory retirement investments held by the state

Since the American people can no longer trust states to manage their pension funds, or central banks who have destroyed the fixed income markets, talks so far in Washington to try to confiscate their retirements under the 'managed care' of the government have to date been kept from implementation.  But unfortunately for those living in the state of California, their 'risen from the dead' Governor Jerry Moon ...

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U.S. Democratizing the world with poverty

For decades now the U.S. government has used the term 'Democratization' for justifying their going into foreign countries and either assassinating their leaders, or sanctioning their economies.  And as a result, nearly all the nations Washington has sought to invade or interfere with have resulted in a complete loss of economic wealth, and a move towards extreme poverty following their insurgence. Take for ...

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New PMI and manufacturing data shows that last weeks GDP print was nothing but a fraud

Last week the Obama administration reported GDP for the third quarter at a whopping 2.9%, which was the highest since 2014 and was in complete opposition to the real news of layoffs, shutdowns, and lower retail volumes.  And many analysts have speculated that the false print was likely done to aid Hillary Clinton as the Presidential election draws near. Now on Oct. 31 two new data points out pretty much con ...

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Besides the potential of progressive Supreme Court Justices should Hillary win, be very afraid of who she might choose for next Fed Chairman

There has been a great deal of rhetoric over the past year on how the current Federal Reserve Chairman has been using monetary policies in an attempt to mask the true nature of the economy in order to help Hillary Clinton win the Presidency.  But despite the fact that many within the Fed have given overwhelmingly to the Clinton campaign this election season, a scarier thought should be focused on who Hillar ...

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Israel the newest ‘ally’ of the U.S. to pivot towards Russia

On Oct. 27, Russian Prime Minister Dmitry Medvedev announced in a news conference that they were in talks with Israel about formulating a free trade initiative and even having them join with the European Economic Union. Medvedev's words come as more and more 'allies' of the United States pivot towards the East, with Israel as the latest one to join up with Turkey, the Philippines, and Saudi Arabia. The Eura ...

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Government imposed costs to Americans about to skyrocket in 2017

If you tune out the mainstream media (propaganda) the establishment wants to keep feeding you, you would realize that the economy is ready for, if not already in, a new recession.  And if today's drop in consumer confidence doesn't flash a warning sign that Americans do not see the economy as bright as President Obama wants to bloviate in his recent press conferences, then get ready for 2017 which will see ...

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France joins other EU countries in looking to establish a universal income for its people

With the EU likely in a new recession, and France's GDP going negative for last quarter, the Hollande government has finalized a study which would provide a basic universal income to at least 30,000 individuals to start, and expects the program to one day provide free money to everyone in the French economy. Joining countries like Finland, Norway, and even Canada, the government in France appears to have gi ...

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