Hedge fund manager John Paulson recently filed his form 13F with the Securities and Exchange Commission, revealing a large stake in SPDR Gold Trust. As of March 31st Paulson owned 21,837,552 shares of SPDR Gold Trust. Paulson’s hedge fund did retreat from Barrick Gold in a big way. In the last quarter of 2012 Paulson [...]
Paulson’s 13F Shows Huge Stake in Gold and Bet on Citigroup
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Little-Known Fact: Kennedy Learned to Fly
It’s a bit of trivia, but it reminds us of the profound affect flying eventually had on the Kennedy family: John F. Kennedy, 35th President of the United States, took flying lessons in 1944, when he was 27 years old and still serving in the US Navy. This little-known fact is backed up by the [...]
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Senator Rubio Gives Governor Christie Some Needed Support
Republican Senator Marco Rubio of Florida urged his supporters to back fellow Republican New Jersey Governor Chris Christie. In an email from Rubio’s Reclaim America PAC to his supporters, Rubio said: “Conservative leadership is hard to find these days, but the voters in New Jersey have seen it firsthand. After living through 8 years of [...]
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Voters Favor Security Over Privacy, Polls Show
In California last week Barack Obama stressed to voters that in order to help insure safety, it is essential that the government monitors communications, but he assured people that the government is not actually collecting the conversations and emails. “Nobody is listening to your telephone calls,” Obama said. “It’s important to understand that you can’t [...]
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IDT Energy Newest Player in the Natural Gas Vehicle Industry
With concern for reducing carbon emissions, protecting the environment and worry over dependence on fossil fuels on the rise, it is not surprising that one of the major East Coast players in the retail energy supply industry is getting involved in alternative approaches to powering vehicles. IDT Energy, a key provider of retail energy, including [...]
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Abraham and Tad Lincoln:Father, Son and Unconditional Love
Today is Father’s Day, a special time to reflect on our own relationship with our father, but also a good time to examine an unusual and famous relationship: the unique bond that President Lincoln had with his youngest son, Thomas “Tad” Lincoln. Abraham Lincoln, the 16th president of the United States, did not have a [...]
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Senator Manchin to Counter NRA with Ads of His Own
Co-author of the legislation to strengthen gun control in the United State Senator Joe Manchin will be launching a television ad defending himself against the relentless onslaught of the National Rifle Association. The ad should be up this week and is being paid for by Manchin’s reelection campaign funding. “The ad will at least match [...]
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US Requests Extradition of Snowden from Hong Kong
The United States formally requested the extradition of former National Security Agency contractor Edward Snowden from Hong Kong for leaking national security secrets. The request for extradition was formally filed one week ago with Hong Kong, but its contents were disclosed to the public only on Friday. The Obama administration is asking for Snowden to [...]
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Focusing on Our Soldiers for the 4th of July
With the 4th of July just around the corner, it’s time to focus on our service men and women and pay them the tribute they deserve for the hard work they do. One military family-support organization called Blue Star Families, has recently joined with Vulcan Productions to launch a free e-book. This e-book is intended [...]
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Cantor Sets Agenda in Memo to Colleagues
With the passage of the immigration reform bill in the Senate on June 27, it is now time for the House to begin work on formulating new guidelines for border security and other related issues. House Majority Leader Eric Cantor, Republican from Virginia, sent a memo to his colleagues preparing them for the upcoming debate: [...]
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Veteran White House Journalist Helen Thomas Dead at 92
Once called the “Dean of the White House Press Corps,” Helen Thomas died on Saturday after a long-time struggle with illness, at the age of 92. Thomas covered the administrations of ten presidents, from Kennedy in 1960 to Obama in 2010. Obama said that Thomas was a “true pioneer,” who during that time, “never failed [...]
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Immigration Reform Looking for More Support in Senate
In an interview with Jorge Ramos on “Al Punto,” Senator Robert Menendez, Democrat of New Jersey, said that he is still several votes short of the 60 he needs to block the threat of a filibuster against his immigration reform bill. “We don’t currently have 60 votes identified in the Senate,” Menendez said “We need [...]
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Marijuana Growers Oppossed to Full Legalization
Ever since states have begun allowing marijuana use for medicinal purposes the growth and sale of the green weed has become a billion-dollar industry, whose members are in many cases, circling the wagons today as other groups fight for full legalization. Medical marijuana is available for use in 18 states today, including California, Nevada, Maine [...]
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Doral Bank Opening New Mortgage Center
In expectation of an upcoming surge in refinancing, Doral Mortgage opened its first, up-dated Centro Hipotecario, or Mortgage Center, last month. The opening of the Centro Hipotecario is a revitalization of a past concept for Doral Bank. In the late 1970s the Levis family established Doral Financial Corporation, which was the parent company of four […]
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Banking Sector Rebounds as US Financial Crisis Abates
According to a report by Alex Barinka and Whitney Kisling who write for Bloomberg, banking and finance are all but fully recovered from the crash of 2008. Back then, before the sky fell, finance was the largest single industry in the S&P 500 index. It appears to be headed to that top spot once again. […]
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Tom Harkin’s Senate Seat Rejected by Iowa Republicans
Steve King, Republican Representative from Iowa, became the second potential candidate to decline the opportunity to run for Tom Harkin’s seat in the senate. The first GOP prospect was the Agriculture Commissioner Bill Northey, who said last Thursday that he was not going to run. The next day was King’s turn to refrain from joining […]
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Senator McConnell Getting Ready to Run with Ads Dissing Obamacare
Although the election for Kentucky Senator is one year and a half away, Republican Senator Mitch McDonnell’s super PAC spent $109,000 on an advertisement dissing Obamacare in support of McConnell’s position on the issue. The 30-second ad states: “On health care, Mitch McConnell’s stood with Kentuckians from Day One,” says an announcer. “Tell him keep […]
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StudentsFirst Advocates for Education Reform
Founded by former chancellor of the Washington, DC public school system, Michelle Rhee, StudentsFirst was launched in 2010 to fight for better education throughout the United States. Behind the work of this advocacy group is Tusk Strategies. Founded by Bradley Tusk, Tusk Strategies helps individuals and organizations develop, manage and execute campaigns to get their […]
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Former Florida Politician Allan West Joining Fox News
Allan West, who served for two years as a Florida congressman, will be joining the lineup at Fox News as a network contributor, according to a report in The Washington Post. West became a congressman after a career in the military, but only lasted for two years as a congressman when Florida’s 22nd District was […]
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Immigration Reform Looking for More Support in Senate
In an interview with Jorge Ramos on “Al Punto,” Senator Robert Menendez, Democrat of New Jersey, said that he is still several votes short of the 60 he needs to block the threat of a filibuster against his immigration reform bill. “We don’t currently have 60 votes identified in the Senate,” Menendez said “We need […]
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