US, world headed for 25 year depression: Jim Rickards

US, world headed for 25 year depression: Jim Rickards

“When I use the phrase 25 year depression, it sounds extreme but it’s not. We had a 30 year depression in the United States from about 1870 to 1900…The Great Depression lasted from about 1929 to 1940. The U.S. is in a depression today.” Well, it's been in the works for

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Canadian banking haven myth exposed

Canadian banking haven myth exposed

"One of the reasons that Canadians (and international commentators, other finance ministers and global financial institutions) buy this Canadian banking fairy tale is the way the government accounts for the money borrowed to support the banks." The sorry spectacle of Conservat

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Get rid of your mortgage, loans, because interest rates set to rise

Get rid of your mortgage, loans, because interest rates set to rise

Get rid of your loans, guys and gals, because we are going into a high interest rate period. Very high. It will be the equivalent of going into the double digit interest rates we had in the 80s where many people threw their house keys at the bank and we had record numbers of ba

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E-cigarettes save lives, money

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

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

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

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

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

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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World economies on verge of currency revaluations to deal with debt

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?

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

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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obama not crook

Zero Hedge has an excellent article Origins of an American Kleptocracy you should read it goes a long way in detailing the deep capture of our government by the TBTF banks.  However, before the election little was said about Obama’s payoffs excuse me I mean donations.  There was an article on the democratic underground (after seeing the responses it received it is easy to see why some refer to it as the dummies underground)posted before the election but it was shouted down and hardly anyone paid any attention to how long they had been paying him off sorry there I go again donating to him.

If  you were wondering why Obama recently said his greatest achievement thus far is bailing out the banks clicking on the links will clear that up! It is only recently that the left began to whine about Obama’s Big Sellout.  Did you know O has a favorite banker? Thats right long time payoff banker Jamie Dimon (JP MORGAN). It pays to donate he was gifted Wa Mu.

According to Matt Taiibi they are like vampire squids . It seems eerily similar to Mafia like tactics wiping out the competition or Chicago style politics there seems to be little difference in my opinion thereby consolidating their power.  The left is now talking about disconnect from the reality of what the President is versus who they thought him to be.  Sadly the information was available before the election but no one wanted to look into the Manchurian candidate.  Of course before the election they chose to cry Racist time and again when negative information was disclosed.

The Banksters payback is not over either in a late day news dump right before the Christmas vacation in Hawaii (the cost of that alone could fill many of those food shelves he purports to worry about so much) he sneakily announced a continuing back door bailout for the Banksters via Fannie/Freddie enabling them to offload their toxic loans onto you the taxpayer. It is the gift that keeps on giving and costing you more. Oh and one more thing about that bailout billions NOT even close try Trillions the American Kleptocracy and O is the money master. Jump You F*#kers Jump and take our paid off politicians with you!

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