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“If The Public Knew About Obama’s Lies And Cover Ups, Mitt Romney Might Be President” – Judicial Watch

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– “If The Public Knew About Obama’s Lies And Cover Ups, Mitt Romney Might Be President” – Judicial Watch (ZeroHedge, May 19, 2015):

“These documents are jaw-dropping. No wonder we had to file more FOIA lawsuits and wait over two years for them.  If the American people had known the truth – that Barack Obama, Hillary Clinton and other top administration officials knew that the Benghazi attack was an al-Qaeda terrorist attack from the get-go – and yet lied and covered this fact up – Mitt Romney might very well be president.”

Plains All American Pipeline Ruptures; 21,000 Barrel 4-Mile Oil Slick On Santa Barbara Beaches

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– Plains All American Pipeline Ruptures; 21,000 Barrel 4-Mile Oil Slick On Santa Barbara Beaches (ZeroHedge, May 19, 2015):

Emergency officials and Exxon Mobil were responding Tuesday afternoon to a ruptured pipeline that was leaking crude oil into the ocean off the Santa Barbara County coast, authorities said. The Santa Barbara County office of emergency management has identified the responsible party as Plains All American Pipeline. As The LA Times reports, by 3:45 p.m., the leak had left a four-mile-long sheen of oil extending about 50 yards into the waters along Refugio State Beach in Goleta, said U.S. Coast Guard Petty Officer Andrea Anderson.

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Obama Just Called This “Rotting, Decaying Hellhole” A Symbol Of “Promise For The Nation”

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– Obama Just Called This “Rotting, Decaying Hellhole” A Symbol Of “Promise For The Nation” (ZeroHedge, May 18, 2015):

Speaking in Camden, New Jersey, President Obama just uttered the following Detroit-esque words of doom:

*OBAMA SAYS CAMDEN IS SYMBOL OF PROMISE FOR NATION

We discussed Camden in 2012, 2013, and 2014… and had a different opinion.

There’s this…

Keep It Going - Obama - Corzine

And this…

All over America, formerly prosperous communities are being transformed into crime-infested wastelands of poverty and despair.  Of course the most famous example of this is Detroit.  At one time, Detroit was the greatest manufacturing city that the world had ever seen and it had the highest per capita income in the entire country.  But now it has become a rotting, decaying hellhole that the rest of the planet laughs at.  And of course Detroit is far from alone.  There are hundreds of other U.S. cities that are suffering a similar fate.  In this article, the focus is going to be on Camden, New Jersey, but the truth is that there are lots of other “Detroits” and “Camdens” all over the nation.  Jobs and businesses are leaving our cities at a staggering rate, and what is being left behind is poverty, crime and extreme desperation.

Read moreObama Just Called This “Rotting, Decaying Hellhole” A Symbol Of “Promise For The Nation”

Revealing The Identity Of The Mystery “Belgian” Buyer Of US Treasurys

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– Revealing The Identity Of The Mystery “Belgian” Buyer Of US Treasurys (ZeroHedge, May 18, 2015):

After months of speculation and confusion, on Friday we finally got if not direct, then certainly indirect, evidence from this month’s TIC data that “Belgium” was merely a front for China.

The Debt To GDP Ratio For The Entire World: 286 Percent

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The Debt To GDP Ratio For The Entire World 286 Percent

– The Debt To GDP Ratio For The Entire World: 286 Percent (EconomicCollapse, May 17, 2015):

Did you know that there is more than $28,000 of debt for every man, woman and child on the entire planet?  And since close to 3 billion of those people survive on less than 2 dollars a day, your share of that debt is going to be much larger than that.  If we took everything that the global economy produced this year and everything that the global economy produced next year and used it to pay all of this debt, it still would not be enough.  According to a recent report put out by the McKinsey Global Institute entitled “Debt and (not much) deleveraging“, the total amount of debt on our planet has grown from 142 trillion dollars at the end of 2007 to 199 trillion dollars today.  This is the largest mountain of debt in the history of the world, and those numbers mean that we are in substantially worse condition than we were just prior to the last financial crisis.

Read moreThe Debt To GDP Ratio For The Entire World: 286 Percent

The Future of Wind Turbines? No Blades

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vortex

– The Future of Wind Turbines? No Blades (Wired, May 15, 2015):

David Stockman: ‘We Are Entering The Terminal Phase Of The Global Financial System’

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Man-Who-Predicted-Riots-In-Athens-And-Chaos-In-Markets-Now-Says-World-Hurting-Toward-Full-Blown-Collapse

– David Stockman: “We Are Entering The Terminal Phase Of The Global Financial System” (David Stockmann’s Contra Corner, May 18, 2015):

Today David Stockman, the man President Ronald Reagan called upon along with Dr. Paul Craig Roberts to help save the United States from disaster in 1981, warned King World News that we are now entering the “terminal phase” of the global financial system that will end in total collapse.

Eric King:  “David, I wanted to get your thoughts on gold in the midst of this big deflation you think is in front of us.  When you look at the collapse of 2008 – 2009, gold was one of the best performing asset classes.  Gold went down but it went down much less relative to virtually everything else.  Contrast that to 1973 – 1974, where we had a 47 percent stock market collapse.  But during that time we had skyrocketing gold and silver.  What’s in front of us because it looks like gold and silver may be ending a 4 year bear market and ready for a 1973 – 1974-style up-move?”

David Stockman:

Read moreDavid Stockman: ‘We Are Entering The Terminal Phase Of The Global Financial System’