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For a family of 4 it takes roughly this much money per year to live the “American Dream”

In places like Washington DC, New York, and San Francisco it costs a heck of a lot more than that. Life is not inexpensive. The median income per household in the USA by the way is about $51,000/year. So good news everyone, you’re almost halfway there! Wages adjusted for inflation are actually in decline and have been since the beginning of the Great Recession. This is what happens in a crony economy. The c ...

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CEO of major oil company says the world no longer needs petro-dollar

When the voices of sovereign governments are not enough, sometimes the thoughts of a corporate CEO can accomplish far more change in the global economic system.  On July 5, the CEO of the 13th largest oil company in the world, and 2nd largest in Europe, made important comments to French authorities on how the world no longer needs the dollar (petro-dollar) for energy and global transactions, and that direct ...

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WELFARE KING: The Obamas Have Spent Over $44,351,777.12 In Taxpayer Cash On Travel

The Obamas have spent over 44 million dollars in taxpayer money on travel and vacations. Some are even calling him the “most well-trvaeled, expensive” president in our nation’s history. As Americans head off for the long holiday weekend, let’s take a look back at some of the president’s holiday spending. Our president vacations a lot — we’re talking $44,351,777.12 worth of “a lot,” with most expenses charge ...

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U.S. attacks on foreign banks accelerating global move away from dollar

During the past 15 years, United States foreign policy has moved from one of Democratization, to that of belligerence and tyranny.  Using both military and economic means to inflict intimidation and destruction on those who oppose her, America has lost its reputation as a nation where huddled masses yearned to go, and has evolved into an empire that nations now fear. But at the heart of all U.S. policy lies ...

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New interest rates on student loans will crush young America

Welcome to July, and the next shoe to drop on the American people.  Beginning on July 1, interest rates on student loans will be increasing by 20%, and add fuel to the fire that the cost of higher education is no longer a valuable choice in today's economy. While the new quarter has started with a bang for the capital markets and those 1% who actually benefit from one after another record high courtesy of t ...

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Ultra-Rich Man’s Letter: “To My Fellow Filthy Rich Americans: The Pitchforks Are Coming”

A message from a member not of "the one percent" but "the zero-point-zero-one percent" -- the top one percent of the top one percent. You probably don’t know me, but like you I am one of those .01%ers, a proud and unapologetic capitalist. I have founded, co-founded and funded more than 30 companies across a range of industries—from itsy-bitsy ones like the night club I started in my 20s to giant ones like A ...

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Argentina on the cusp of default as elites put pressure on government to deal

June 30 has the potential for a domino to fall in the fragile system of global finance, which has been interlocked for more than two decades.  Today, Argentina has a bond payment due for $539 million, and for their insolvent Treasury, failure to pay could trigger a new economic collapse that even Pope Francis can't pray away from his seat at the Vatican. Argentina is poised to miss a bond payment today, put ...

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THE GLOBAL MELTDOWN HAS BEGUN

The engineered economic and social breakdown is straight ahead It is now manifestly apparent the ruling elite are moving us into a global economic depression. The signs are everywhere, as Alex notes in this prescient video. From the militarization of social science to government agencies announcing they plan to brain chip the public, the warning signs of a horrific dystopian future are now on the horizon. A ...

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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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