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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Real reason for electricity blackouts hitting southern US

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

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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FDIC wants your retirement cash to save banks: Bloomberg

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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banks trouble ahead

First it was they are doing “God’s Work” and I wondered if they meant Lord of the Flies then Obama called all the Fat Cat Bankers to the White House to act like he was dressing them down but besides failing miserably and helping our government bring our country to the brink of collapse and privatizing the profits but socializing the LOSSES those banksters cannot seem to keep their mouths shut.

“It’s a p.r. stunt,” says an executive at one of the banks that will be getting a dressing-down at the White House meeting.”

Now they are like “Movie Stars” and I suppose if they are likening themselves to the man who played Mr. Potter in “It’s a Wonderful Life”  a twisted comparison could be made.

Scroll to 2:40 of the video . George compares bank talent to movie stars.

But I can assure you that all the Americans who have lost their jobs and living through the Obama Depression on nothing but food stamps or living in  tent cities will not find it amusing!  Nor will the hard working taxpayers who ended up footing the bill for these banksters huge bonus’s because no matter how you slice it even if some paid back the bail out money they would have failed completely or so we were told if we didn’t pay them off which I believe to be a more accurate description of events. Not to mention to this day they are being subsidized by the middle and slightly upper class (sorry but the reality is the poor are subsidized too through programs like the EITC  (Earned Income Tax Credit) a program in which they pay no taxes and get money back anyway from the rest of the taxpayers  and a host of other programs such as section 8, food stamps, Welfare, Medical Assistance.  I don’t think I have to break it down to you regarding the Ultra Wealthy’s many ways of avoiding too much taxes (like offshore accounts, write offs).  So who is really left to pay but the middle and slightly upper classes?

This is a bigger part of the picture people seem to be missing while there are those of you who might be outraged that I brought that up it is the reality and part of why our country is being destroyed.  It is a part of the New World Order  (OWN) plan to destroy the middle and slightly upper classes.  Nothing makes it easier to accomplish totalitarian control then poor, unarmed citizens.  To date they are well on their way of finishing off these goals and then we can all share the pain while the Elites share the gain.

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