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    Cyprus....

    It CAN and WILL happen HERE and Elsewhere>>> http://silverdoctors.com/fdic-bank-of-england-create-resolution-authority-for-unlimited-cyprus-style-bail-ins-for-tbtf-banks/
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    Anyone following....

    ...the banking situation in Cyprus? Essentially, the political elite stole anywhere from 6.75% to 9.9% of all deposits. So they could get a bailout from the ECB and IMF, to bail out the banks. :facepalm: Pure theft in broad daylight. If it can happen there, it can happen anywhere. Call me...
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    Seems odd to me>>>>

    So, let me preface this with the following statement: I invest a set amount of money per month into precious metals - actual physical precious metals, not a Precious Metal ETF fund. So, I am hearing commercials for silver and gold, saying that there is a silver shortage, so you should buy now...
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    Sequestration

    President Obama is currently claiming that he has already cut $1.4 trillion in government spending and that he has proposed an additional $2.5 trillion in spending cuts. Really? This is government double-speak at its worst. What he actually means is that he has proposed a spending increase...
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    But...but....but.....

    Never would have seen this coming..... :scared http://www.zerohedge.com/news/2013-02-28/detroit-be-taken-over-state
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    I wish I could say that I was>>>

    Surprised. :facepalm: http://online.wsj.com/article/SB10001424127887323511804578296001368122888.html Americans love 'free' shit.
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    Is it time......

    .....to ban Brazilian night clubs and Egyptian soccer matches???? :shrug:
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    D'OH!!!!!

    <cue the Final Countdown...> http://www.zerohedge.com/news/2013-01-15/germany-prepares-repatriate-its-gold-we-hope-they-have-learned-monetary-sins-past OR: http://www.zerohedge.com/news/2013-01-15/bill-gross-gets-it Hope they check for tungsten or will the ship 'sink' at sea?
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    Tax revenue

    A visual of the increased tax revenue v the spending deficits. increased tax revenue should fund govt spending for maybe 7 days. Nice job, America. Really hit this one out of the park! :facepalm:
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    Hypocrites>>>

    http://www.weeklystandard.com/blogs/gregory-mocks-lapierre-proposing-armed-guards-sends-kids-high-security-school_691057.html The 11 armed security staff at the school are in addition to the Secret Service detail for Pres. Obama's children.
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    US Treasury>>>

    ...loses, errr, US Taxpayers lose $40 Billion on their (forced) investment in General Motors. :0074 Yet, the tax hike on 'wealthy' individuals will, based on CBO estimates, bring in an additional $50-68Billion in 2013. Does this make sense? The US does not have a revenue problem. It...
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    Right to work in Michigan>>>

    Read the BOLDED SECTION From Jimmy Hoffa: Via CNN: Jimmy Hoffa, president of the International Brotherhood of Teamsters, said Tuesday he expects Michigan unions and lawmakers to break out into "civil war" after the state legislature passed right-to-work bills that would weaken unions'...
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    Damn, I hate all those rich taxpayers>>>

    At least they pay SOMETHING.... This is the type of nonsense in the tax code that needs to be fixed. http://www.bloomberg.com/news/2012-12-10/google-revenues-sheltered-in-no-tax-bermuda-soar-to-10-billion.html The problem is - companies do not pay tax. They just transfer money - whatever...
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    Couple of things>>>>

    47.7 million Americans now on foodstamps as 607k become eligible this month. Before I am flamed, I am not blaming this on the President. It is just a sad fact. A million Americans entered the rolls of the impoverished in the past 2 months. Again, another sad fact. For all the news headlines...
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    Fiscal Cliff

    Gary Johnson: Friends, Have you been watching the insanity in Washington about the so-called Fiscal Cliff? If so, you are seeing the same thing I am: It is all a concoction by the status quo politicians to distract us from the REAL cliff we are headed for. To listen to the politicians in...
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    What a difference 6 years makes>>>

    Who said this? (2006) ]The fact that we are here today to debate raising America?s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can?t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our...
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    Interesting quote

    One Sentence Perfectly Describes The Quandary On Three Continents ? The ultimate award for candor and honesty must go to Jean-Claude Junker (Prime Minister of Luxembourg) who apparently said ? "We all know what to do, we just don't know how to get re-elected after we have done it." That...
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    Happy Thanksgiving>>>>

    To all the great people in the forum who agree with me, Have a great Thanksgiving. To all the jerks in the forum who don't agree with me, May you get salmonella today! :142smilie Just kidding. I hope everyone has a safe and memorable Thanksgiving with friends and family. I actually...
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    Do tax rates matter?

    http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=205 Link I have provided is from the taxpolicy center. Historical chart of tax receipts since 1934. From 1946 on, the tax receipts as a % of GDP has been in a narrow band, around 18%, regardless of actual tax rates. Interesting...
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    Says it all (at least to me)

    http://www.zerohedge.com/news/2012-11-18/protesting-spanish-cops-forgive-us-not-arresting-those-truly-responsible-crisis-bank I highlighted the key part in BOLD The perpetrators of the collapse in 2008 remain mostly at large - and it is not just Wall Street - it is the lobbyists...
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