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Why is the Pentagon Destroying $1 Billion Worth of Ammunition?

The Obama Administration’s love of wasteful spending is, perhaps, only equal to their hatred for all things firearm-related. For the last few years, multiple sites have reported about the federal government’s purchase of millions of rounds of ammunition. However, the Pentagon now plans to destroy $1.2 billion worth of ammunition simply because they do not keep adequate purchase records. Or so they say… Acco ...

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Not having enough for retirement remains the leading fear among Americans

Last week, Gallup ran its annual financial survey which they use determine which economic issues remain important to the American people.  And for the 13th year in a row, the fear of not having enough money for retirement remained the primary concern for the majority of Americans. According to a recent Gallup poll, the one thing that has most Americans very/moderately worried is "whether or not they have en ...

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First bank failure in 2 months occurs in South Carolina

Allendale County Bank., located in Fairfax, SC, was closed down by the FDIC on Friday, April 25.  This bank failure is the first one in nearly two months in the United States and brings the total amount of bank closures in 2014 to six. 4/25/2014 *** SC *** Fairfax *** Allendale County Bank *** $17.1 million dollar estimated FDIC DIF cost. The total DIF for failed banks this week is $17.1 million. If you wer ...

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Rumors circulating that new Eurasian Zone currency will be the gold Altyn

As empires rose and fell throughout the annals of time, one remaining constant seems to always prevail... that being an empire's currency. From ancient Greece, the Drachma is recognized today in books, films, and even by a modern civilization that pines for better days in the wake of economic collapse.  Then there was the famous Roman Denarius, which was segregated in value through the use of different meta ...

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China providing an alternative to Europe for Russian natural gas

Contrary to most government propaganda, nearly all military incursions, as well as global wars, have been waged over the desire to control energy resources.  World War I saw the breakup of the Ottoman Empire, and the colonization of new Arab States to tap into their massive stockpiles of petroleum.  World War II was led by Axis power Japan, who needed to invade and control the Asia to access energy they cou ...

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Students overwhelm Obama student loan debt forgiveness program

What is the difference between President George Bush and President Barack Obama?  During two separate economic downturns, one called for Americans to go deep into credit card debt, while the other called for young Americans to do the same with student loans. The result of this is a citizenry that has been hit with a double barrel shock of a future guaranteed to be one of a lower standard of living.  And wit ...

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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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