Finance
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The number of Americans not participating in the workforce in March dipped again compared to the previous month but was still higher than it was a year ago, according to Labor Department data released Friday. (Article by Caroline May, republished from http://www.breitbart.com/big-government/2016/04/01/93482000-americans-workforce-march/) The Bureau of Labor Statistics reports that 93,482,000 Americans were neither employed nor had […]
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Hot on the heels of Wells Fargo’s $1.2 billion settlement, Bloomberg reports that Goldman Sachs will pay $5.1 billion to settle a U.S. probe into its handling of mortgage-backed securities involving allegations that loans weren’t properly vetted before being sold to investors as high-quality bonds. (Article by Tyler Durden, republished from http://www.zerohedge.com/news/2016-04-11/goldman-slammed-51-billion-fine-serious-misconduct-mortgage-selling) “This resolution holds Goldman […]
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Banks, once the quaint little savings-and-loans depositories of yesterday, have now transformed into instruments of fraud, deception and greed, thanks to wealthy criminal conglomerates that thrive on the misery of those who have less than them in life. For years, these criminal enterprises have gotten away with charging customers for just about everything, from cash deposits to ATM fees, […]
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A company called Momentum Machines has built a robot that could radically change the fast-food industry and have some line cooks looking for new jobs. (Article by Dylan Love, republished from http://www.businessinsider.com/momentum-machines-burger-robot-2014-8) The company’s robot can “slice toppings like tomatoes and pickles immediately before it places the slice onto your burger, giving you the freshest burger […]
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This isn’t some dire warning from “another one of those blogs” where the writer/blogger is publishing clickbait. No, the latest warning of an impending financial apocalypse has come from none other than the Royal Bank of Scotland, only the world’s 20th biggest bank. So you have to take that as some sort of validation that […]
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California Gov. Jerry Brown simply does not care about what will happen to citizens in non-urban parts of the state under a $15 minimum wage. (Article by Scott Shackford, republished from http://reason.com/blog/2016/04/04/gov-brown-admits-15-minimum-wage-does-no) He didn’t literally say that, but what he did say when today was that he understood that there may be some bad outcomes for […]
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Define irony. (Article by Tyler Durden, republished from http://www.zerohedge.com/news/2016-04-05/head-transparency-international-chile-resigns-after-panama-papers-revelations) While the global media has been almost entirely focused on the “circle of close Putin friends” who have emerged as some of Mossack Fonseca’s clients, and moments ago the Panama Papers even had their first official casualty when the Iceland prime minister resigned, far more amusing examples […]
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(Bugout.news) A noted libertarian-leaning economist has said that the social contract between the world’s ruled and those who rule over them has been shattered, sparking massive distrust and anger among the masses and leading to the rise this year of unconventional presidential candidates. In addition says Steen Jakobsen, chief economist at Danish investment bank Saxo […]
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“Sell, sell, sell!” Despite mainstream media reports to the contrary, Mike Adams, the Health Ranger, strongly urges all those who own stocks, bonds and mutual funds to start selling their investments, given the threat of a market crash looming on the horizon. Adams forecasts that the recent market rise will be one of our last […]
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(NaturalNews) The United States – along with the rest of the world – is increasingly threatened by a potential ‘financial Armageddon’ which will be triggered by the burst of the $550 trillion global derivatives(http://www.sott.net) bubble. You may have heard the term ‘derivatives’ before, but if you’re like most of us you probably don’t know exactly […]
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According to Goldman Sachs, we are in the third wave of the great crisis; what happened in 2008 continues to haunt Americans now facing financial risk at the next phase of the collapse. Banks and executives who should’ve been indicted for their misdeeds have gotten away under our justice system. Despite pressure from Congress’ Oversight […]
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The bull market just celebrated its seventh anniversary. But the gains in recent years – as well as its recent sputter – may be explained by just one thing: monetary policy. (Article by Lawrence Lewitinn, republished from http://finance.yahoo.com/news/the-fed-caused-93–of-the-entire-stock-market-s-move-since-2008–analysis-194426366.html) The factors behind that and previous bubbles can be illuminated using simple visual analysis of a chart. The […]
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Civil uprising caused by the permanent, or even temporary, suspension of government-issued food stamps, also known as Electronic Benefits Transfers (EBTs), is considered to be one of the greatest threats to today’s society. Attempting to remove the stigma associated with food stamps, the federal government began issuing EBT cards in the late 1990s and early […]
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Don’t think for a minute that the federal government is going to protect you from the coming financial collapse. As we saw from the Bernie Madoff Ponzi scheme, the SEC deliberately looked the other way even when all the evidence was handed to them on a silver platter. When it comes to bankers, Wall Street […]
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The cannabis plant is one of the most versatile plants imaginable. Modern media has portrayed cannabis as a mind-altering narcotic used only by losers, hippies and/or the most dysfunctional members of society. However, times are a-changing. With decriminalization and increased acceptance of the plant, people everywhere are beginning to recognize that cannabis has literally dozens […]
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