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Patriot Power Hour (May 18th, 2014) – Full Spectrum Warfare

  Banksters and their minions are waging war against free humanity on all fronts – this episode covers some of the latest flashpoints and news, and offers some solutions as well — Be sure to tune into the Patriot Power Hour w/ Lucifer Bernanke *LIVE* Every Sunday Night at 9 PM Eastern at WakingRadio.com What…

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Student loan Delinquencies 2

Student Loans Soar To Record $1.111 Trillion, Up 12% In Past Year

We have covered the topic of the student loan bubble extensively in the past so we won’t waste more digital ink on where it comes from or what it means for the troubled US consumer, suffice to report that according to the Fed, in Q1 total Federal student loans rose by another $31 billion to a…

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Real Wages

No Raises For Anyone: Real Hourly Wages Decline For The First Time Since 2012

In order to justify the US “recovery”, one of the recurring themes has been that wages of US workers are going up…. any minute now. And since any minute now has been the common refrain for about five years now, some are getting skeptical. Not us: we have known since 2009 that the Fed’s “plan” of making billionaires…

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EvilFed3

Patriot Power Hour (May 11th, 2014) – Calm Before The Storm?

  Lots of things about to boil out of control worldwide, but it’s been oddly quiet lately — is this the calm before the storm? This episode of the Patriot Power Hour w/ Lucifer Bernanke covers tons of topics, from illegal immigration to Janet Yellen’s inability to label America a Capitalist Democracy to solutions and…

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Big Banks Started Laundering Massive Sums of Drug Money In the 1980s … And Are Still Doing It Today

It has become mainstream news that at least some of the big banks are  laundering staggering sums of drug money.  See this, this, this, this, this, this and and this. But you may not know the scope or history of the problem. Official statistics show that huge sums of drug money are laundered every year: The United Nations Office on Drugs and Crime (UNODC)…

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for-rent

Rents Soar To Record High As Homeownership Rate Plunges To 19 Year Low

Each quarter, when we perform our regular update on trends in US homeownership and rents using Census Bureau data, we say that “The American Homeownership Dream is officially dead. Long live the New Normal American Dream: Renting.” One thing we added in 2013 is that the American Dream has now officially became a full-blown nightmare after mortgage…

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STOP TAPER TIME

Fed Tapers $10 Billion, Says Economy, Consumer Demand “Picked Up”

Despite dismal data (or the potential for great escape velocity is around the corner data), major event risks, and a Treasury market that just won’t buy the dream of recovery that they are selling; the Fed stuck to its tapering guns… with a consensus $10bn taper… *FED TAPERS BOND BUYING TO $45 BLN MONTHLY PACE…

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too-big-to-fail

Billions In Hidden Subsidies Going To Too-Big-To-Fail Banks

As the first round of submissions to the Federal Government’s Financial Systems Inquiry closed this week there was a timely reminder that the fundamental cause of the global financial crisis is still deeply embedded in the banking system. The world’s wealthiest and most powerful banks still operate behind the shield of being “too-big-to-fail” (TBTF), an…

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DebtBomb1

US now spending 26% of available tax revenue just to pay interest

By the 19th century, the Ottoman Empire had become a has-been power whose glory days as the world’s superpower were well behind them. They had been supplanted the French, the British, and the Russian empires in all matters of economic, military, and diplomatic strength. Much of this was due to the Ottoman Empire’s massive debt…

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