Tag: US debt
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govt paid off $62m in student loans for federal employees
or more specifically: doj, dod, sec & state dept employees from allgov: Wouldn’t it be nice if your employer paid your student loans for you? That’s what the federal government has been doing the past eight years for a select group of government employees. A report from the Office of Personnel Management shows 36 agencies…
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econocrash: hindenburg omen & the ecstasy of empire
dreaded ‘hindenburg omen’ will play out within weeks from paul joseph watson: UBS Financial Services Director Art Cashin says that we’ll know within 3 or 4 weeks whether the dreaded Hindenburg Omen, a set of market factors that precede a stock market collapse, will unfold as many are now predicting. The Hindenburg Omen, named after…
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Econocrash Updates: Competing Currencies & Scary Graphs
New types of money are popping up across Mid-Michigan and supporters say, it’s not counterfeit, but rather a competing currency.
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6/24 Newspurge: War Pigs
Econocrash: Rothschild & World Gold Council put £12.5m in bullion vault* New poor: Peddling relief, firms put debtors in deeper hole* Video: Jailed for debt in the US in the 21st century* Video: Cali city fires its workers, subcontracts everything* Corporate entities as modern-day street gangs* Bank failure is 83rd in ’10; pace more than…
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Econocrash: Fortune, Fail & The Fed + Geopolitiks Update
In an internal e-mail released Saturday, Goldman Sachs chief executive Lloyd Blankfein wrote in November 2007 that the firm “didn’t dodge the mortgage mess,” but “made more than we lost” by betting against the U.S. housing market.
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Lehman Collapse: What Did Geithner know & When Did He Know It?
Lehman Brothers managed to conceal from the outside world a multi-billion-dollar mess that was years in the making, according to an audit investigation released last week. But the size and scope of Lehman’s manipulative accounting has led some Wall Street critics to wonder what the New York branch of the Federal Reserve — led then…
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Econocrash Updates: Fed, Failure, Welfare & the New Ghost Towns
Massive bank failures due, says oversight panel // Obama appoints CFR/Trilateral/Fed operative to debt panel created by another executive order // IBM layoffs blamed on offshoring // American reliance on govt at all-time high // New ghost towns in West Virginia: industrial communities teeter on the edge
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Wall Street Whistleblower Proves Money Never Sleeps
Officially titled; “20/20 Hindsight: CENSORSHIP on the Frontline”, this interview also includes solutions, documents and references, and asks only that you consider the information – to think for yourself – and communicate with others in order to achieve a higher-level of awareness.
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econocrash: debt, bank collapses & janitors
US national debt tops debt limitfrom cbsnews: The latest calculation of the National Debt as posted by the Treasury Department has – at least numerically – exceeded the statutory Debt Limit approved by Congress last February as part of the Recovery Act stimulus bill. The ceiling was set at $12.104 trillion dollars. The latest posting…
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econocrash updates: black friday, back home & in the red
goodbye jobs, hello mom & dad, say young adults* fdic insurance fund closes quarter $8.2b in debt*fdic insurance fund falls into the red* dollars steepest drop since july*uk poised to lose jobs as £10bn nuclear power plant contract goes to US* german ‘robin hood’ borrowed from rich, loaned to poor*want a stock tip? buy stocks…
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econocrash: goldrush, glitches & the recipe for disaster
obama’s feeble dollar sparks a new goldrush* fed sets attack dogs on ron paul after audit amendment passes*end the fed rallies across america* fury as credit crunch civil servant lands rothschild job*canadian bankruptcies soar 43%* ‘glitch’ could cost a million jobless*student protests continue at california universities* wave of debt payments facing US govt*fed under fire…
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econocrash: another day, another dollar
US national debt now tops $12 trillionfrom afp: The US public debt topped 12 trillion dollars for the first time in history, Treasury officials disclosed Tuesday, moving past a key barrier that raised hackles in Congress. Treasury data showed Monday’s outstanding debt at 12.031 trillion dollars, up from 11.999 trillion on Friday. The ballooning debt…
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econocrash: blood money, insider trading, banksters & biometrics
‘blood oath’ sealed stanford deal, court is told*kroll gave all-clear to stanford*borrowing to pay interest on borrowing is a ponzi scheme*insiders selling stocks at highest level since may ’08*sec investigating apple for insider trading*fed urges secrecy on bailed out banks*flashback video: kucinich says the fed is paying banks not to make loans*bloomberg wins its lawsuit…
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obamessiah updates: debts up, polls down & a mass vacation
obama raises 2010 deficit outlook 19% to $1.5t* obama vacations as poll numbers keep fallingfrom washington times: President Obama set out for a weeklong family vacation Sunday facing the first stiff headwind of his presidency, with public polls showing his popularity has dipped as he has attempted an overhaul of the nation’s ailing health care…
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econocrash updates: the fed, failures & bailout bust
geithner says auditing the fed is a ‘line that we don’t want to cross’from corbett report: In an interview released today by Digg and the Wall Street Journal, Treasury Secretary Timothy Geithner was pressured about the growing popular movement to Audit the Fed spearheaded by Texas Congressman Ron Paul. A visibly uncomfortable Geithner attempts to…