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It is a worst case scenario, but Neil Barofsky, the inspector general for the Troubled Asset Relief Program, has said the bailouts, bank rescues and other economic lifelines could end up costing the federal government as much as $23.7 Trillion. To put this number into perspective, it is nearly double the nation’s entire economic [...]  The following article is from Nick Barisheff, who I had the pleasure to meet at a precious metals investing conference a few months back. Nick hits the nail on the head with every point in the excellent article below. In this extraordinary environment, preserving your personal wealth becomes priority one. Before you make [...] |
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Senate Blocks Attempt to Audit Federal Reserve
Fed Independence or Fed Secrecy? Who would vote against an ammendment allowing GAO to audit what the Federal Reserve is doing? Especially after Obama’s endless pledges for a more transparent government. The hypocrisy is thick.
Senator Jim DeMint (R-SC) is blocked by Senate Democrat Leadership from having a vote on his amendment to [...]