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FDIC ends February with two bank failures in Eastern U.S.

Millennium Bank, N.A., located in Sterling, VA, and Vantage Point Bank, located in Horsham, PA, were closed down by the FDIC on Friday, Feb. 28.  These bank failures are the only two for the month of February, and bring the total amount of bank closures in 2014 to five. 2/28/2014 *** VA *** Sterling *** Millennium Bank, N.A. *** $7.7 million dollar estimated FDIC DIF cost. 2/28/2014 *** PA *** Horsham *** V ...

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Grad Student Turns to HARDC0RE P0RN Career to Finance Education

Students at Duke University have spent the last few weeks all atwitter about a female freshman student who flies out to Los Angeles on occasion during school and leads a double life as a porn starlet. The porn-star-student was outed by fellow freshman Thomas Bagley, reports The Chronicle, Duke’s student rag. Bagley told The Daily Caller that the starlet divulged her secret to him (and that he did not recogn ...

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Can You Guess What Type of Voluntary Surgery the Male HIPSTERS Are SHELLING Out $7,000 for?

  Instant hipsterfication! The craze for $7,000 beard transplants takes off as men look to increase their 'cool factor'   The trend for all things hipster has triggered a surge in the number of facial hair transplants, surgeons say, with men willing to pay up to $7,000 to get instant stubble on their lunch break. Dr. Jeffrey Epstein, a top plastic surgeon based in New York City, told¬†DNAinfo¬†that ...

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What would you name the book that Chairman Bernanke is writing?

Now that the 'Printer in Chief', otherwise known as the former Chairman of the Federal Reserve is retired, the next thing on Ben Bernanke's agenda is to write and publish a book on his 12 years in office, and to detail the thought processes used during all of the different crises and monetary programs the Fed implemented during his tenure. In other words, like his predecessor Alan Greenspan, Bernanke wants ...

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EU tried to capitalize on Ukraine tragedy by offering money and austerity

Let's be honest here.  Whenever a central bank or Western government offers assistance to another nation the end goal is not Democracy or actual aid to the people, but a means to weasel in and wrest benefits that suit the so-called benevolent country.  When the U.S. provided aid, arms, and support to the rebels in Libya, little did these people know the ultimate goal was confiscation of the more than 140 to ...

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How Communist Dictator Kim Jong-Un Burned Though $716 Million in One Year, While Citizens Starve [W/ VIDEO]

Pianos, cars and a 1,000 person private theatre: How North Korean tyrant Kim Jong-un blew £386MILLION in just a year while his people starved UN report details Kim Jong-un's wild spending frenzy on luxury items In 2012 $716 million (£386 million) was spent - more than double his late father's budget Informant claims budget for items raised by trafficking ivory and underground alcohol UN Human Rights Council ...

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New reasons for Fed Taper: central bank buying nearly all govt. debt

One of the greatest signs that a currency stands on the cusp of hyper-inflation is when that nation's central bank is forced to, or is relegated to, buying all of the debt a particular nation is selling.  2013 saw a major shift in the transference of foreigners buying U.S. Treasury debt to now having the Federal Reserve pick up the slack, and by year's end the central bank was purchasing one and half times ...

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U.S. debt shell game continues as EU mops up Chinese dump of Treasuries

In the Western world there is no longer any national sovereignty... there are only central banks.  And in an interesting turn of events that took place in December, the small EU country of Belgium was the small straw that appears to have been mandated to mop up a huge number of U.S. Treasuries that China decided to dump onto the market as pressures in Asia force the world's second largest economy to liquida ...

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Major banks finally admitting the dollar is in trouble

On Feb. 16, a Bank of America analyst announced that the global economy is giving out clear warning signs that the dollar is entering into serious trouble, which adds more credence to John Williams recent assertion that 2014 will be the year of a dollar panic. Global financial and commodity markets are warning that the US Dollar is in for a bout of trouble, warns BofAML's Macneil Curry. Across asset classes ...

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EU commission studying proposal to re-allocate savings of 500 million citizens

First there was Cyprus, then there was Dodd-Frank along with a league of other nations that passed legislation allowing for the confiscation of bank accounts to re-capitalize financial institutions, and now, there is the European Union which is proposing behind the scenes the theft and re-allocation of monies owned by 500 million citizens within the spectrum of Europe. At first we thought Reuters had been p ...

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