E-cigarettes save lives, money

"We know that cigarettes have thousands of chemicals in them and we know that they are killing us. They have been for over a hundred years. So now, the e-cig industry comes along with only one or two chemicals in their mixture and people are freaking out over these as well. Whe

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US inches closer to big bank charges

Federal prosecutors are nearing criminal charges against some of the world’s biggest banks, according to lawyers briefed on the matter, a development that could produce the first guilty plea from a major bank in more than two decades. In doing so, prosecutors are confronting

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Canada’s home sales top predictions; why a real estate crash is inevitable

“The assurance of relatively low borrowing costs has likely given home buyers confidence while rising home values have kept new listings at a healthy level. Stable employment has provided some assurance to owners and buyers alike.” Our website is back after many months of

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Comparing today's recession/depression to the 1980 recession

"Much like today, Americans were concerned not only with high unemployment but increasing budget deficits in the early 1980s. A September 1983 Gallup poll found that three-fourths of the public agreed that the federal government's budget deficit was a great threat (42%) or some

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Why savers are getting screwed

"Without the intervention of economic policymakers, interest rates would be naturally higher. That would increase the cost of borrowing for businesses and consumers, but there would be some offsetting economic benefits. Savers are getting screwed by the current monetary policy

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Geithner admits USA bankrupt to US Senate

"Never in our history has Congress failed to increase the debt limit when necessary. Failure to raise the limit would precipitate a default by the United States. Default would effectively impose a significant and long-lasting tax on all Americans and all American businesses

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Real reason for electricity blackouts hitting southern US

“Large oil companies have for a decade artificially shorted the gasoline market to drive up prices,” said FTCR president Jamie Court. “Oil companies know they can make more money by making less gasoline.” The following article was written by Paul Joseph Watson. He is t

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World economies on verge of currency revaluations to deal with debt

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." -- Henry Ford Basically what the world central banks are doing is increasing their money by devaluin

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Is Obama the next Mugabe of Zimbabwe?

"America, Britain, Japan, Germany, France, Sweden, Holland, Norway, Canada and Australia make up the Fishmongers Group and their meeting on Tuesday will deliberate on the state of the inclusive government, debt relief, public finance administration and the controversial economi

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US raiding foreign countries with dollars, not soldiers

""The United States is going to China and saying: we want you to commit economic suicide, just like Japan did. We want you to follow the same thing: we want you to revalue your currency, we want you to squeeze your companies, we want you to go bankrupt,” says Michael Hudson,

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FDIC wants your retirement cash to save banks: Bloomberg

“The FDIC is constantly looking at structures where we can get the greatest opportunity to tap into capital that we have not had the success reaching through previous disposition methods,” FDIC spokeswoman Michele Heller said in an e-mailed statement. “We welcome and work

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Canadian government admits recovery never happened

“Not only did their stimulus fail to create the jobs of tomorrow, it also failed to protect the jobs of today,” Scott Brison, the opposition Liberal Party’s spokesman for finance issues, said by telephone. "Most of us were shaking our heads in disbelief early last year w

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america lowest standard of living 2020

“The government is not helpless here, Morici says. We should be standing up to China by installing our own currency peg and making the dollar cheaper relatively to China’s yuan. This would help trigger inflation in the U.S., because Chinese imports would become more expensive, and it would also accelerate the growth of our exports.” […]

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usa college tuition increases 1978 to 2010

“Lisa J. B. Peterson, a financial planner with Lantern Financial in Boston, specializes in counseling young couples and has heard this story before. About half the people she sees are both bringing significant debt to the relationship, and about a quarter of the others have one person who has a pile of student loans.” Its […]

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bush tax cuts signing

“Almost everything disappears at the end of next year,” says Roberton Williams, a senior fellow at the Tax Policy Center here. “If that happens, almost everyone who pays taxes will see a substantial tax increase.” For the past half year, economists and pundits have been warning us all about a coming “double dip” recession (which […]

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predicted 2010 unemployment rate

“The small amount of job gains during the past few months not only reflects the response to slow output growth, but also a lack of confidence going forward,” said Bart van Ark, chief economist at the Conference Board, a business research group based in New York. “The economy as a whole has been weakened by […]

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free trade is communism

“Trade protectionism is obviously intensifying with some countries using self-innovation, government procurement and the yuan exchange rate to exert pressure on China.” — Mr Zhang Ping minister of the National Development. Yes, free trade is communism. Watch the video below Everyone is talking about the economy lately (and no surprise there). We are all being […]

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housing bubble pop

“While a 25% decline is unprecedented in modern times, some economists are beginning to talk about it. “We now see potential for another 25% to 30% downside over the next two years,” says David A. Rosenberg, North American economist for Merrill Lynch (MER), who until recently had expected a much smaller slide. “ Sickening isn’t […]

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obamabucks

“We’ve been here the whole night,” she said, as rain clouds threatened to soak those in line. “We just don’t want to lose our home.” — Kimberley Miller Property was for centuries a place to be home (even a second home for immediate & extended family), raise a family, work in, work the land, a […]

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obama king

“.. J.D. Power predicted the retail selling rate — sales through dealerships, as opposed to the less lucrative fleet business — dropped to 8.9 million light vehicles from 9.2 million in July. “The economy is the big cause,” said J.D. Power forecasting director Jeff Schuster.” When I see so many vehicles on a dealership lot, […]

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monetary collapse deflation

Thomas Hoenig said Friday that interest rates near zero were “a dangerous gamble” in a period of moderate growth. Meanwhile, the Hindenburg Omen creator pulled entirely out of the stock market. Do these people know something we don’t? Finally – a Federal Reserve board member with some integrity and courage to tell the truth. The […]

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american dream is over

“Positive gross domestic product readings and other mildly hopeful signs are masking an ugly truth: The US economy is in a 1930s-style Depression, Gluskin Sheff economist David Rosenberg said Tuesday. Writing in his daily briefing to investors, Rosenberg said the Great Depression also had its high points, with a series of positive GDP reports and […]

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ron paul revolution love

““We’re printing money, we’re spending money, we have not reformed Washington. They’re destined to destroy the dollar, which means not that the gold price is going up, but the value of gold will be maintained. The value of the dollar is destined to go down.”” Dr. Ron Paul speaks with Goldseek Radio about government tracking […]

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obama national socialist steal 401k

‘”The current economy has forced some workers to borrow from their 401(k) accounts in order to pay for critical living expenses, ultimately jeopardizing their future retirement,” said James MacDonald, president of workplace investing for Fidelity Investments.’” It should be very very obvious that all future money will be in the hands of the globalist elites […]

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dollar drop

“The dollar fell after more Americans than expected filed applications for unemployment benefits last week, signaling concern the recovery in the world’s biggest economy is slowing.” — SfGate The US is in denial. They are struggling with a faltering economy and looking for solutions while ignoring the source of the problem and that problem is […]

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composition of usa economy

“People wonder why there are no jobs yet they continue to pile into service industries with the false promise by politicians of job stability. The problem here is that services do not produce wealth.” Based on all available evidence, it seems the Western/American public wants to be misled. They have chosen ignorance over knowledge and […]

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