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Kenneth Schortgen Jr.

Real estate value investors flock to Houston as the best time to buy is when there is ‘water’ in the streets

Because flood insurance is not very affordable for those living in coastal cities around the United States, quite often after hurricanes a lot of homes do not get rebuilt, re-modeled, or even worse, many homeowners end up going into foreclosure. The elite have a saying that the best time to buy an asset is when there is 'blood in the streets', and modifying this axiom just a little bit, it appears that real ...

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Keeping Greece in austerity profitable for the ECB as the central bank reaps windfall from holding their debt

For almost the past decade Greece has become Europe's poster child of economic decline, with nearly every financial institution within the Eurozone bent on keeping the Southern European country in poverty and austerity.  And even with an extreme changes in their political structure through the election of the Syriza Party, Greece has remained virtually enslaved to the debts they incurred leading up to the f ...

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Chicago to repeal soda tax after citizens finally rebel against legislative over-reach

Historically, Chicago is one of the most corrupt cities in America with the municipality being dominated by a combination of organized crime, dynastical families, and unions.  And the victims of this corruption have often been the citizens of Chicago who even today live in fear from potential homicide that law enforcement can't even begin to deal with. And in response, Chicagoans are leaving the City and st ...

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Staunch gun control Senator admits no law could have stopped Las Vegas shooter

In a very interesting interview from over the weekend, one of the Democrat's poster children for gun control, Senator Diane Feinstein, admitted that the Las Vegas shooter Stephen Paddock did everything legally, and that no law could have prevented him from conducting his horrific actions a week ago. In fact by all accounts Paddock had no history of violence, mental illness, or financial problems which means ...

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In just one month the Federal Government increased the National Debt by over $300 billion

It didn't take long for the Federal government to cross the $20 trillion threshold when Congress facilitated a three month extension of the debt ceiling last month, and it appears from early indications that the final 100 days of 2017 could bring that debt very close to $21 trillion. This is because in just the past 30 days, the national debt has increased by over $300 billion, with tally's still awaiting w ...

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Las Vegas vs. Catalonia: De-centralized vs. centralized violence

""If the representatives of the people betray their constituents, there is then no resource left but in the exertion of that original right of self-defense which is paramount to all positive forms of government, and which against the usurpations of the national rulers, may be exerted with infinitely better prospect of success than against those of the rulers of an individual state. In a single state, if the ...

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Trends forecaster Gerald Celente sees rebirth of niche retail as malls continue their death rattle

On Oct. 5, world renowned trends forecaster Gerald Celente issued two new economic forecasts that are appearing upon the landscape in the wake of dying retail. According to Celente, the current trend of dying malls and large franchises such as Sears, J.C. Pennys, and K-Mart will continue, with a shift taking place for niche retailers focused more on quality and quantity.  Additionally, there will emerge a d ...

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IRS provides Equifax a backdoor bailout after credit agency hack put over 100 million Americans data at risk

To show you just how corrupt the swamp in Washington is, the IRS last week gave Equifax a psuedo 'back door bailout' as the government agency provided the credit bureau a no-bid contract to... secure data for the IRS's taxpayer database. It just doesn't get anymore ironic than that. Just hours after Equifax CEO Rick Smith wrapped up his testimony before the House Energy and Commerce committee ‚Äď the first in ...

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Fast food upstart Shake Shack’s new location will be partially run by robots, no longer accept cash

A Manhattan Shake Shack location is opening that will likely be a model for the future of fast food as the upstart restaurant is charting a course of automation that will include no longer accepting cash for payments. In fact replacing cashiers with automated kiosks could be the first step in the creation of a virtually human free restaurant as customers can place their orders from automated screens or from ...

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Desperate home builders seeking Millennial buyers by offering to subsidize their student loan debts

With the Housing Bubble 2.0 really beginning to cause stagnation in the real estate markets, one home builder appears to be more desperate than ever to try to entice Millennials out from Mom and Dad's basement and into a new home.  And what they are focusing on is a way to shift their student loan debts into mortgage debt by offering to pay off a portion of their loans if they put money down for a new home. ...

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State of Nevada finds massive windfall in just the first month of pot legalization

It took a few years after both Colorado and Washington paved the way for pot legalization, but it appears that the state of Nevada, and in particular the city of Las Vegas, could become the model of how municipalities and states could find tax windfalls from sales of marijuana. In fact in just the first month of pot legalization, Nevada reported a gain of $3.68 million in tax revenues from sales of the subs ...

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Social Justice proliferates U.N. as world body advocating U.S. pay reparations for past slavery

As more and more individuals and organizations double down on political correctness, racial division, and social justice, the bottom line always seems to manifest with someone needing to cough up cash to give to someone else.  And the newest call for this is coming from the United Nations where a hard to find report published last year advocates that the U.S. should pay reparations to black Americans for th ...

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