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Kenneth Schortgen Jr.

Can’t call it a housing bubble without homeowners engaging in a deluge of home equity loans

With the American consumer swamped under a massive pile of record debt, it was only a matter of time before the sins of 2008 would be resurrected to try to keep themselves above water.  And while several indicators have emerged that point towards a new housing bubble in data points such as higher prices and subprime lending, a third indicator has reared its head in these homeowners once again engaging in th ...

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Even in the war over retail, necessity is the mother of cooperation

Amazon has become the Standard Oil of the 21st century in its willingness to lose money by lowering prices far below its competition in order to bankrupt them, or force them to follow suit.  And while it is very true that overhead and margins are much cheaper for online business portals, most retailers still have too much invested in high cost brick and mortar stores to be able to compete head to head with ...

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Malls may not be dead yet, but they are having to make extreme changes in this new era of declining retail

Following World War II and the rise of suburbia, one of the most iconic establishments that came about was the creation of the mall.  And just as brick and mortar retail today is in a desperate fight to stay solvent and relevant against the rise of online shopping, similar battles took place back in the 1950's and 60's between small mom and pop retail stores and the rise of massive one stop shopping enterpr ...

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Terrorist group Antifa calls for violent revolution against private property and the police

While the mainstream media continues to look hard for white supremacists and KKK members on every street corner, the terror organization known as Antifa is publicly calling for all-out violent revolution against the police, and private property ownership by the citizenry. Sounds quite a bit like a Communist revolution doesn't it? Yet even more disappointing is how both state and the Federal governments are ...

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Fed’s economic recovery: 78% of American households living paycheck to paycheck

It is already a proven fact that the Federal Reserve's so-called recovery was in the re-capitalizing of the banks and corporate entities through stock buybacks, and not for the citizens or general economy.  And added to this mix is the central bank's buying of the equity markets to ensure that their 'friends' were able to siphon off as much wealth as possible from the Middle Class. Yet within the propaganda ...

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Israeli Prime Minister supports ISIS more than his willingness to negotiate with Iran

Even as Prime Minister Benjamin Netanyahu currently deals with corruption charges and a difficult campaign to remain in office, the Israeli leader appears more than willing to keep the turmoil in the Middle East percolating.  And in a meeting on Wednesday with Russian President Vladimir Putin, Netanyahu all but stated to the Eurasian leader who helped bring an end to the Syrian conflict that his allegiance ...

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Political correctness gone wild: ESPN pulls Asian sportscaster from broadcast because his name was similar to Confederate general

There are many reasons why ESPN has been hemorrhaging subscribers over the past two years, but in particular it can be intrinsically tied to their liberal views, political correctness, and blatant race division.  For example a couple of years ago the network gave its sports courage award to a transgender who hadn't participated in a sporting event in over 30 years, and in recent weeks many of their televisi ...

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White House petition to label Antifa as a terrorist organization reaches 100,000 signatures

Terrorism: the unlawful use of violence and intimidation, especially against civilians, in the pursuit of political aims. The Federal government has been hesitant to label domestic organizations within the United States as terror groups, even while liberals and the media trying desperately on occasion to call many non-violent conservative groups as terrorists.  However over the past two years a number of or ...

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Blockchain enters U.S. food industry

On Aug. 22, IBM made a new announcement that several grocers were now on board to begin tracking and managing food distribution and retail using their blockchain based platform. Walmart (WMT), Kroger (KR), Unilever (UN), Nestlé, Dole (DOLE), Tyson Foods (TSN), Golden State Foods, and McCormick (MKC) have all joined the collaboration to use IBM blockchain to track food shipments and monitor food safety, IBM ...

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Antifa terrorist group has origins going back to 1920’s Stalinist Russia

It is perhaps ironic that the liberal left, which includes the press and Democratic Party, has been trying to paint what happened in Charlottesville, VA as some sort of return of the Klu Klux Klan, a reconstitution of Nazism, or a revolution spurred on by White Nationalists.  However the more one digs into the evidence, the more one realizes that the event that occurred last week which saw a young woman kil ...

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Odds for government shutdown rise to 50% as battle to raise debt ceiling expected to be difficult for Trump

When Congress pushed forward the debt ceiling debate earlier this year until October when the new budget was expected to voted up, there were medium to strong expectations of the Republicans being able to raise the debt ceiling in the same way Obama saw it raised several times during his administration.  However as the President continues to erode support from his own party and from the American people than ...

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America’s allies trust Vladimir Putin more on foreign affairs than they do President Trump and U.S. policy

When you combine President Trump's erratic stances on foreign policy along with Congress's propaganda conflict against Russia, you get a world where even the most staunchest allies of the United States are turning away from the 'Land of Freedom'. And in an interesting poll published on Aug. 17 by the Pew Research Group, more countries trust President Vladimir Putin when it comes to foreign policy than they ...

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