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Obama recovery? Just don’t check with retail stores for the answer

Last week it was discovered that Democratic campaign advisers were issuing warnings to candidates seeking office during the 2014 elections.  That warning was to not talk about, or use the term, 'economic recovery', as surveys showed that the American people no longer believe the spin and rhetoric coming from the primary party in power. This week however, we are seeing more valid information as to why, and o ...

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Where does your state rank in highest or lowest income taxes

Now that the dreaded April 15 IRS filing date has come and gone, it is time to look at how each state fares in relation to each other in imposing income taxes upon the citizens of their dominions.  Taxes across the board have become a staple of government policy, with sales, property, excise, and other fees taking a large piece of American's dwindling paychecks. Here are the highest "taxing" states in the U ...

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Eurasian Economic Union and trade zone scheduled to begin in May

The concept behind the European Union was to solidify the economic power of European nations under one umbrella in the wake of World War II, and the ever changing sphere of global super powers.  Starting in the late 1950's between companies in France and Germany, this union has morphed into a go-political monstrosity run by un-elected technocrats, and using a common currency that has stifled trade throughou ...

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Fed QE has reached the point of diminishing returns

About six months ago, a chart comparing the Federal Reserves Quantitative Easing (QE) programs in relation to America's GDP, pointed towards the U.S. reaching the point of diminishing returns occurring sometime in 2014.  Diminishing returns is the occurrence where no amount of printed money added to the money supply by the Fed will generate any new growth or production to the Gross National Product (GDP), o ...

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Inflation rises at fastest jump since March of 2011

For most Americans, there is no need to wait to see manipulated government statistics to tell them that that prices are, and have been rising over the past year.  In fact, price inflation has been rising so fast that consumers can see it every time they go to the grocery store to buy food and basic necessities. So it should come as no surprise when the newest data on price inflation comes out much higher th ...

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J.P. Morgan imposes its own sanctions on Russia by blocking money transfer

If we recall back in September of last year, the first individuals to speak to President Obama at the White House during the government shutdown were not leaders in Congress, but 15 bank CEO's.  This highly disturbing event appears to be a pre-cursor to the power that financial institutions have over the U.S. government, and brings to mind former activities by the banking industry in helping both V.I. Lenin ...

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Physical silver purchases hit new record as paper price continues slide

According to the U.S. Mint, March sales of Silver Eagle one ounce coins set a new record at the same time paper spot prices for silver fell by more than $2.50 over the past 60 days. In fact, the rise in gold and silver prices had been the second largest gainer in the overall market until deflation, slowdowns in China and other BRICS economies, and a Federal Reserve taper announcement began a sharp decline f ...

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Economic indicator: Gambling revenues in Vegas down over 13%

Since the government and Wall Street have manipulated economic numbers so badly that very few actually know the true state of the economy, quite often, one can determine a better picture of America's growth by looking at esoteric, or outside the box statistics.  One of these indicators is out West in the state of Nevada, and paints a great picture of how much discretionary spending is actually being used on ...

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Think that food prices are rising fast? You’re right!

Since the beginning of 2014, one area of the economy has increased greater than the Dow, S&P, and real estate.  In fact, in just the first three months of this year, the fastest rising product or asset in he economy is food, and by a whopping 19%. The spot price (not futures speculation-driven) of US Foodstuffs is the best performing asset in 2014 - up a staggering 19%... - Zerohedge Chart courtesy of B ...

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Russian economist says that Yuan will become next reserve currency

As the United States becomes more isolated with the international community over Ukraine, one partnership is strengthening even more.  Last week, a Chinese spokesperson declared support for the Russian annexation of Crimea, and recognized the sovereignty of this new nation.  In response, Russian economist Yevgeny Gavrilenkov declared at the 15th governmental Chinese economic development forum that the Chine ...

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