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Kenneth Schortgen Jr.

South Carolina to use 10th Amendment to nullify Obamacare

There is an old adage that infers that a right not practiced eventually makes that right invalid.  This illogical argument is normally used in the instances of the right to bear arms as most Americans have rarely carried sidearms in public view over the past 60 years. However, another important right for our time that has been downplayed in the public eye as the Federal government has grown in power, is the ...

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Dr Doom Ed Dames: In 2014, U.S. will lose the petro dollar and go into recession

On Dec. 9, Major Ed Dames, former military intelligence officer and pre-eminent expert in the field of Remote Viewing, was a guest on the Coast to Coast AM radio show to talk about what he sees for America and the rest of the world in 2014.  During the program, Dr. Doom, as Dames is often referred to, stated that 2014 will give the West a confluence of several serious events, leading up to a massive economi ...

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As stocks have gone up, employment has gone down

There is a new chart out that reveals some very interesting details on why the general economy has declined at the same time stock prices have reached new record highs.  Using a model of the Russell 2000 from Bloomberg, analyst Guenter Leitold compared the rise in stock prices on the index verses employment numbers for the companies within the Russell 2000.  Leitold  discovered that while these company's eq ...

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Time’s Person of the Year finalists represent the worst of leadership and mankind

Like the Nobel Peace Prize winners of the last decade, Time's Person of the Year award has become nothing more than a recognition of of liberal and Marxist candidates who fulfill the goals of the elite and New World Order.  Just as Al Gore won his prize for publicly supporting the fraud of man-made global warming, and Barack Obama for ushering in the destruction of the American Republic, Time's Person of th ...

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Japanese media escalates war chant as conflict with China to begin in January

As 2013, and the year of the Currency Wars comes to an end, the inevitable escalation for nations who have chosen to go down this path is to eventually engage in hot wars to turn the minds of their people away from their economic problems.  And as China begins to assert themselves all across the globe, both economically and militarily, rhetoric is now coming forth from the Japanese media that an inevitable ...

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Eric Sprott: My greatest fear is that governments are broke

On Dec. 6, billionaire and asset manager Eric Sprott spoke on the current economic climate surrounding nations and central banks, and how the insolvency of governments is creating the biggest fear for the global financial system. King World News: What is your greatest fear going forward?  What's your worry? Eric Sprott: My greatest fear is that government's are broke.  It's so obvious, I mean, that's the ea ...

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Pentagon makes civilians fair game by changing drone rules of engagement

Although not covered often by the corporate media, many Americans have learned the consequences of unmanned drone warfare and the collateral damage that occurs when innocent civilians are killed while trying to take out a specific target.  According to a recent report from a human rights organization dedicated to monitoring drone warfare, an estimated 27% of all casualties incurred by U.S. led strikes are o ...

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Europe confirms bank bail-ins to be used during ‘Future of banking’ conference

Irish Finance Minister Michael Noonan confirmed that bank bail-ins will be used throughout Europe during a major conference of financial leaders on Dec. 3.  In a meeting known as 'The Future of Banking in Europe', ministers from countries throughout the Eurozone voted on a number of programs that could be implemented to stave off the next round of bank crises, with direct confiscation of depositor accounts ...

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Detroit court sets precedence as pensions can be cut in municipal bankruptcies

For the tens of thousands of current and former employees of the City of Detroit, a new a ruling by the judge overseeing the city's bankruptcy proceedings is setting a new precedent that will bring shock waves to municipal workers all across the country.  In determining which assets are eligible for reorganization to help pay for the $18 billion debt incurred by the City of Detroit,  Judge Steven Rhodes ack ...

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Chinese currency moves ahead of Euro in international trade

The Chinese Yuan made a game changing move on Dec. 2 as it surpassed the Euro in international trade and became the second most used currency in global transactions, rivaled only by the U.S. dollar.  Just five years ago, the Yuan had zero presence in international trade finance, but within that time, the currency has skyrocketed in acceptance and is primed to perhaps become the next global reserve currency. ...

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As predicted, Black Friday sales down more than 10% from last year

Amid all the shouting, pushing, slashing, and even shootings that have taken place during this year's Black Thursday and Friday ritual, one vital thing has been missing for many retailers. Sales. Sales on Black Thursday and Friday are down more than 10% from last year, and while many analysts predicted lower numbers for the 2013 shopping season, many did not foresee a drop of this magnitude. U.S. consumers ...

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Gold reserves could be next evolution of digital currencies

The biggest argument against digital currencies like Bitcoin has always been that it is backed by nothing.  This of course is a fallacious argument as every sovereign currency in the world today is backed by nothing except the political and military power of their governments. But what if the primary argument against digital currencies is negated by backing it with a recognized commodity such as gold?  This ...

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