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Kenneth Schortgen Jr.

Student loan default rates exceed 'fake data' numbers published by Obama administration

If there was one thing that Donald Trump could do to both protect his Presidency's economic future, and crush Barack Obama's false legacy, it would be to go back and redo every single economic data point that has been manipulated to fulfill the false narrative of an economic recovery.  From fake unemployment and GDP numbers, to the actual values of core and price inflation... coming out early and announcing ...

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Student loan default rates exceed ‘fake data’ numbers published by Obama administration

If there was one thing that Donald Trump could do to both protect his Presidency's economic future, and crush Barack Obama's false legacy, it would be to go back and redo every single economic data point that has been manipulated to fulfill the false narrative of an economic recovery.  From fake unemployment and GDP numbers, to the actual values of core and price inflation... coming out early and announcing ...

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IMF Chief tells Davos elites that the way to fight populism is to give away free stuff

This week heralds the annual Davos World Economic Forum, where elites go to eat $40 hot dogs and discuss global topics that they have no idea about.  And all one has to do to validate this is to realize that nearly every one of the thousands of participants jetting into the high mountains of Switzerland never saw the potential of Britain leaving the EU, or Donald Trump getting elected as President of the Un ...

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In Obama's final days he opens the door for food stamps to be used at online retailers like Amazon

As President Barack Obama accelerates towards his final day in office, the Welfare Chief is pushing through as many punitive regulations as he can possibly enact.  And besides the one where he unlawfully labeled all disability recipients as being 'mental defectives', thus robbing them of their 2nd Amendment rights to own a firearm, his newest scheme involves allowing Food Stamps (EBT Cards) to be used in ma ...

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In Obama’s final days he opens the door for food stamps to be used at online retailers like Amazon

As President Barack Obama accelerates towards his final day in office, the Welfare Chief is pushing through as many punitive regulations as he can possibly enact.  And besides the one where he unlawfully labeled all disability recipients as being 'mental defectives', thus robbing them of their 2nd Amendment rights to own a firearm, his newest scheme involves allowing Food Stamps (EBT Cards) to be used in ma ...

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MCGA? State of Massachusettes hires Chinese firm, not American, to build new metro line

President-Elect Donald Trump campaigned on a pledge of Making America Great Again (MAGA).  But it appears that before this can be done the country needs to improve its capabilities in several engineering areas. And as validation of this, all one has to do is look to the state of Massachusettes, which has decided to hire a Chinese firm to build its new $270 million metro line, and did so with a no-bid contra ...

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It's time for non social justice warrior students to sue professors and universities for breach of contract

Contrary to what liberal educators would want you to believe, higher education is not some form of protected ivory tower in which professors and administrators can use their classrooms for indoctrination or non-curricular activities.  In fact, with many students having to borrow 10's of thousands of dollars each year under the auspices of getting an education towards their desired career choice, any wasted ...

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It’s time for non social justice warrior students to sue professors and universities for breach of contract

Contrary to what liberal educators would want you to believe, higher education is not some form of protected ivory tower in which professors and administrators can use their classrooms for indoctrination or non-curricular activities.  In fact, with many students having to borrow 10's of thousands of dollars each year under the auspices of getting an education towards their desired career choice, any wasted ...

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FDIC closes down first bank of 2017 in the state of New Jersey

On Jan. 13, the FDIC closed down their first bank for 2017 as Harvest Community Bank shuttered its doors.  This institution is the first bank failure for the month of January, and the first New Jersey bank closure since April of 2012. 1/13/2017 *** New Jersey *** Pennsville *** Harvest Community Bank *** $22.3 million dollar estimated FDIC DIF cost. The total DIF for failed banks this week is $22.3 million. ...

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Bitcoin volatility not tied to the crypto-currency itself, but the corruption of the exchanges

Over the past month we have seen the price of Bitcoin in multiple currencies travel as if on a roller coaster... shooting to nearly its record all-time high, then falling just as fast and almost as far as to when the move up started.  And this volatility has been without a doubt due to the actions of Chinese bitcoin investors. However there are questions circulating out there that need to be addressed, incl ...

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Sanctions against Russia have gone on so long that Moscow may never go back to previous trade partners

In the 20th century, and perhaps even after the advent of trade coalitions like the European Union, when international bodies implemented economic sanctions on a country, it was usually a death knell for their economy since anyone who broke the embargo was either investigated, fined, or hit with sanctions themselves. (Go back to France when they did the Oil for Food trade with Saddan Hussein when Iraq was u ...

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France’s leading candidate for President channels inner Trump and calls for repatriation of auto industry

With less than two weeks remaining before Donald Trump pledges the oath of office and takes over the reins for the U.S. government, one thing has become abundantly clear... he intends to lead rather than react as had been the case for the retiring President Barack Obama. And what we mean by leading is that rather than waiting for events to unfold, and react to situations or crises, Trump has already proven ...

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