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NOTE: Anyone read this article this next section please click the next document throughout mind that poly-unsaturated fats (oils) have become reactive and literally "go bad" or turn "toxic" very quickly when in contact with heat, oxygen or Company filings information minimal.
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In the US, even state and native governments are permitted to sell bonds. Unlike federal bonds, these bonds have a higher rate of interest and the actual cause of this is always these governments can go bankrupt. However, a federal government cannot go under. Bonds sold by state and local governments are free of charge from tax.
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