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An Entire Town is For Sale for $400,000

RAPID CITY, S.D. — A businessman is selling his small, southeastern South Dakota town for $400,000. Lance Benson is the sole owner of Swett, an unincorporated hamlet in Bennett County about two hours southeast of Rapid City. Benson, who owns a traveling-concessions business, put the town on the market last week. Benson tells the Rapid City Journal the town used to have a population of 40 people decades ago, ...

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FDIC closes Freedom Bank in OK bringing total number of failed banks in 2014 to 12

Freedom State Bank., located in Freedom, OK, was closed down by the FDIC on Friday, June 27.  This bank failure is the third for the month of June and brings the total amount of bank closures in 2014 to 12. 6/27/2014 *** OK *** Freedom *** Freedom State Bank *** $5.8 million dollar estimated FDIC DIF cost. The total DIF for failed banks this week is $5.8 million. If you were banking at Freedom State Bank in ...

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GDP for Q1 falls even lower to -2.9% after final revisions

When the Bureau of Labor Statistics (BLS) comes out each quarter with their primary report on economic indicators such as unemployment, Consumer Price Inflation (CPI), and Gross Domestic Product (GDP), the reality is that the metrics for determining these data points have become so manipulated, that the country rarely discovers the true statistics and cogent numbers until we come to the end of the next quar ...

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Fed (USA) 1 Germany 0: Eurozone leader gives up on getting its gold back from central bank

Under growing public pressures, Germany had called for a repatriation of their offshore gold reserves being held in French, British, and U.S. central banks back in 2012.  However, because the Fed claimed 'logistical' issues in delivering it back to them, the Eurozone leader had to accept a seven year shipping schedule from the U.S. to ever have it returned.. And now, on June 23, Germany suddenly appears to ...

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FDIC closes two banks in FL and IL bringing total number of failed banks in 2014 to 11

Valley Bank., with branches located in both Moline, IL and Ft. Lauderdale, FL, was closed down by the FDIC on Friday, June 20.  These bank failures are the first two for the month of June and bring the total amount of bank closures in 2014 to 11. 6/20/2014 *** IL *** Moline *** Valley Bank *** $51.4 million dollar estimated FDIC DIF cost. 6/20/2014 *** FL *** Ft. Lauderdale *** Valley Bank *** $7.7 million ...

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China forms new trade agreement with Britain outside the dollar

It seems almost to be a daily occurrence now that both Russia and China are finalizing new trade agreements with nations that will facilitate the use of their own currencies in trade settlements, and bypass the dollar system that has stood for more than 40 years.  But on June 19, this trend ratcheted up to a whole new level when China signed a deal with America's biggest ally Britain that will allow direct ...

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The 66 People As Wealthy As The World’s Poorest 3,500,000,000 (3.5 Billion)

Oxfam International, a poverty fighting organization, made news at the World Economic Forum in Davos earlier this year with its report that the world’s 85 richest people own assets with the same value as those owned by the poorer half of the world’s population, or 3.5 billion people (including children). Both groups have  $US 1.7 trillion. That’s $20 billion on average if you are in the first group, and $48 ...

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Putin adviser offers new plan against the dollar to force U.S. out of Ukraine

Remember Ukraine, economic sanctions, and John Kerry's pointed finger?  Those seem a long time ago in the world of 24 hour mainstream media.  But contrary to the lack of coverage in the U.S., objectives are being formulated right now in Russia over the Ukrainian problem, with Putin's close adviser Sergey Glazyev offering a new idea on just how to get the U.S. and NATO off Russia's border. A global anti-doll ...

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Pope declares world is on edge of economic collapse and dependent upon war

While the office of the Pope is one that is supposed to represent the voice of Christ to the over 1.2 billion Catholics around the world, the man who sits in that office is also a head of state in the realm of world governments.  Thus a Pope's words can carry great weight even today, just as they did for 1200 years before the Great Reformation. So when the highly educated Jesuit that is Pope Francis speaks ...

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US To Begin SEIZING Dormant BANK ACCOUNTS As Australia Steals $360,000,000

DO YOU HAVE A BANK ACCOUNT THAT YOU DON’T ACTIVELY USE OR A SAFE DEPOSIT BOX THAT YOU HAVE NOT CHECKED ON FOR A WHILE? If so, you might want to see if the government has grabbed your money.  This sounds absolutely crazy, but it is true.  All over the world, governments are shortening the time periods required before they can seize “dormant bank accounts” and “unclaimed property”.  For example, as you will r ...

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Economist blames lack of economic recovery on failure of U.S. to be at war

First it was the weather, which was completely discounted after the dreadful May economic indicators proved the mainstream propaganda machine had jumped the shark in their attempts to deceive the public on the 'economic recovery'. Then it was the coming El Nino, which analysts tried to spin as being the cause of massive drought and growing price inflation that also has kept recovery from burgeoning. And now ...

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Spain becomes third EU nation to count hookers and blow in their GDP

First it was Italy, who desperately needed a boost to GDP to bring down bond yields.  Then it was Britain, who categorically made estimates of how much consumers spent on prostitutes and illegal drugs and then added it to their Gross Domestic Product. Now we can add Spain to the mix, who chose to get quite official and sent out surveys to black market retailers of illegal activity to determine just how much ...

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