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End game for Japanese economy: BOJ to fully monetize government debt

There are many actions a nation can do that denotes an end game scenario where the government feels they must go all in on the most drastic of measures to protect against complete collapse of their social, political, or economic systems.  This can result in either internal martial law being declared, external wars being waged, government coups being performed, or in the case of Japan on Oct. 31, fully monet ...

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CHAIRWOMAN HILLARY: ‘DON’T LET ANYBODY TELL YOU’ THAT ‘BUSINESSES CREATE JOBS’

Appearing at a Boston rally for Democrat gubernatorial candidate Martha Coakley on Friday, Hillary Clinton told the crowd gathered at the Park Plaza Hotel not to listen to anybody who says that “businesses create jobs.” “Don’t let anybody tell you it’s corporations and businesses create jobs,” Clinton said. “You know that old theory, ‘trickle-down economics,’” she continued. “That has been tried, that has f ...

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FDIC closes bank in IL bringing total number of failed banks in 2014 to 16

The National Republic Bank of Chicago, located in Chicago, IL, was closed down by the FDIC on Friday, Oct. 24.  This bank failure is the second for the month of October and brings the total amount of bank closures in 2014 to 16. 10/24/2014 *** IL *** Chicago *** The National Republic Bank of Chicago *** $111.6 million dollar estimated FDIC DIF cost. The total DIF for failed banks this week is $111.6 million ...

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Morgan Freeman Was Asked About Race & Income Inequality On CNN, His Answer Might Surprise You!

When Don Lemon asked Morgan Freeman about race and income inequality, I don’t think he was expecting the answer Freeman gave! Via the Washington Times: Morgan Freeman, Oscar-winning actor and possibly the world’s most recognizable voice, said that the income gap and race are not related. In an interview Tuesday with CNN anchor Don Lemon, Mr. Freeman was asked if race plays a part in wealth distributions, to ...

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PAWN STAR’s RICK HARRISON Destroys President Obama In Under a Minute

Watch the latest video at video.foxnews.com Rick Harrison is the owner of the Gold & Silver Pawn Shop in Las Vegas, and star of the hit reality show “Pawn Stars.” He recently sat down with Fox & Friends to discuss the repercussions he has seen as a business owner due to Obama’s “Affordable” Care Act. Harrison revealed the shocking way which Obamacare has negatively affected his small business. The r ...

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$20 Minimum Wage Endorsing Socialist Group Posts $13-Per-Hour Job Listing

Seattle's Freedom Socialist Party, which has endorsed a $20-per-hour minimum wage, recently posted a job listing for a web content manager position that only pays $13 per hour.   The website of Seattle’s Freedom Socialist Party lists its most recent presidential candidate Stephen Durham’s political positions, which include the party’s effort to “raise the minimum wage to $20 an hour.” The group also av ...

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FDIC closes bank in MD bringing total number of failed banks in 2014 to 15

NBRS Financial, located in Rising Sun, MD, was closed down by the FDIC on Friday, Oct. 17.  This bank failure is the first for the month of October and brings the total amount of bank closures in 2014 to 15. 10/17/2014 *** MD *** Rising Sun *** NBRS Financial *** $24.3 million dollar estimated FDIC DIF cost. The total DIF for failed banks this week is $24.3 million. If you were banking at NBRS in Rising Sun ...

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Market manipulation: Thou shalt not let the stock market fall…

While many understand how the great stock market rise was based primarily on Federal Reserve QE and the pumping of trillions of dollars into equities to create the illusion that everything is fine in the economy, is there any proof of manipulation being done to keep investors from selling their stocks, and bringing the markets back to reality?  The answer to that question appears to be a resounding yes as i ...

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Market reactions since Fed removed QE3 prove entire economy reliant upon debt

They say that a Doctor must remove a cast or sutures from a patient to determine if their body is healing itself, and if the patient is getting better from the treatment.  The same can be said of an economy when the Fed stops its artificial pumping of liquidity into the system, and ends its debt based infusion to keep the markets artificially propped up. And with the stock markets, and in particular the DOW ...

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Fed President cites need for QE4 even before QE3 is finished

If there ever was validated proof that the entire financial system was reliant upon, and held together solely by central bank money printing, today was absolute confirmation.  On Oct. 14, San Francisco Fed President John Williams stated that a new round of QE (4, 5, 6?) would be needed once again should inflation benchmarks not be reached in the economy in the coming weeks.  And most notably, with oil, stoc ...

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Jim Willie: If the Fed ends Zero Interest rates it will destroy the big banks

2014 has been the year of the Federal Reserve acting like the European Central Bank head Mario Draghi in that they have talked alot about ending QE and their Zero Interest Rate policies (ZIRP), but heading into the end of the year the Fed has done neither.  And the primary reason for this according to statistician and founder the Hat Trick Newsletter Dr. Jim Willie, is that the big banks have become so reli ...

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2008 Redux? S&P falls below 1900 with Dow losing nearly 1000 in last 30 days

While a decline of 1000 points in a market that recently resided at new all-time highs is not a complete cause for alarm, when coupled with massive declines in Europe, Japan, and a wave of global deflation fears, we suddenly find that the table is set for a repeat of the great stock market crash of 2008. As trading forges towards a close on Oct. 13, the Dow has now lost more than 800 points since Sept. 23, ...

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