Kenneth Schortgen Jr Archives - Page 17 of 17

Unemplyment rate falls to 5.4% as economy creates 437,000 part time jobs, and ignores 93 million uncounted unemployed

May 8, 2015

The government propaganda machine was in full swing on May 8 as the Bureau of Labor Statistics (BLS) announced their newest job numbers report that showed a decline in the unemployment rate down to 5.4%.

Japan becomes first nation to register a national debt in the quadrillions

May 8, 2015

On May 8, Japan’s Ministry of Finance provided an update and breakdown of the country’s national debt through the end of March 2015. And thanks to the accelerated rate in which the current Prime Minister

UN reveals that not only would TPP trade agreement end middle class, but it will harm human rights across the globe

May 6, 2015

On May 6, a Senior official with the United Nations (UN) declared that the Trans-Pacific Partnership (TPP) would provide corporations unlimited power over nations and peoples, and give them cause to violate human rights across

When Chuck Norris is concerned about Jade Helm, you better be too

May 5, 2015

Last week, the Governor of Texas made issue of the upcoming military exercise Jade Helm and stated that he was going to send the Texas National Guard in to monitor the Federal troops, and ensure

Government begins first step in pension confiscation and denying retirees their earned benefits

May 4, 2015

One of the best open secrets in working for a public entity during one’s career is the ability to double dip on retirement and pensions plans. For example, if someone joins the military at age

I.R.S. continues to be the arm of the war on cash as agency steals money from convenience store owner

May 2, 2015

It is not only banks that have declared a war on cash, but for years now the government has instituted illegal policies and used its muscle to intimidate and steal from individuals and business owners

Obama denies Visa to Catholic Nun while issuing them to Iraqi Muslims in conference on ISIS atrocities

May 2, 2015

President Barack Obama’s war on Christianity continues as his administration on May 1 denied a Visa request to a Catholic nun who was part of an Iraqi delegation to speak on ISIS atrocities in the

J.P. Morgan accumulating hundreds of millions of ounces while paper market price remains low

May 2, 2015

As we have noted many times in our writing, if you want to become rich, watch and do that the rich do when it comes to investments. And despite the fact that banks like J.P.

Remember when Soros and Buffett wanted the rich to be taxed more? Fooled you!

April 30, 2015

Remember a few years back when billionaire Warren Buffett attempted to sound humanitarian and declare that he and others who live in the 1% penthouse should pay more in taxes? Or when George Soros in

Western bankers have nearly achieved total control over economic, financial, and political policies

April 30, 2015

When Rothschild issued his famous decree, “Give me control of a nation’s money and I care not who makes it’s laws”, it was not fully understood at the time what this would entail for the

Forced Obamacare spending by consumers saves U.S. GDP from a negative Q1

April 29, 2015

On April 29, the Bureau of Economic Analysis issued the 1st quarter results for GDP growth in the U.S. economy. And unlike faulty predictions made over the past three months by analysts in the mainstream,

Bank of America being investigated by the SEC for a form of re-hypothication on their customsers

April 29, 2015

The MF Global bankruptcy from a few years ago revealed the little known truth about Wall Street today, which is that brokers can and do use customer funds and accounts for their own profit to

Government watchdog group calls Clinton foundation a slush fund for Bill and Hillary

April 28, 2015

The elite long ago mastered the use of foundations to protect their wealth and keep their spending from ever being fully reported to the public. The Ford Foundation for years has been used to grant

Greek government now facing municipal rebellion over new bank decree

April 27, 2015

When the Greek government chose two weeks ago to institute a decree calling for all non-working cash to be transferred immediately to the central bank, local municipalities protested and prepared for a confrontation. That rebellion

Ultimate consequence of education bubble taking shape as LSU prepares for bankruptcy

April 27, 2015

Like the bond bubbles, housing bubbles, and credit crisis of the last seven years, anytime economics are manipulated beyond the normal scope of market reactions, the results are the consequences that ultimately lead to a

Cold War Redux: $700 million dollar contracts awarded to refurbish Cheyenne Mountain underground facility

April 26, 2015

Cheyenne Mountain, which was the former home of Norad and was America’s primary nuclear war readiness facility, is being refurbished as an underground bunker thanks to a $700 million contract awarded to the Raytheon corporation

Is the IMF trying to beat China in the creation of a new reserve currency?

April 26, 2015

Earlier this year, China announced that they will have their new SWIFT system fully functional by either September or October and can then fully float the Yuan currency worldwide. Many are believing that once SWIFT

U.S. financial police nab scapegoat trader to protect continued manipulation by HFT systems

April 24, 2015

In the middle of 2014, the world finally got a look at how brokers and hedge funds manipulate the stock markets through High Frequency Trading (HFT) computers that see every trade before it happens, and

Benghazi 2.0: Obama abandoning U.S. citizens stuck in Yemen while at same time selling arms to their bombers

April 24, 2015

In a week where President Obama was forced to go public over the fact a drone strike campaign killed two hostages back in January that included one American, the Commander In Chief is now doubling

J.P. Morgan Chase accelerates war on cash by disallowing customers to keep money in safety deposit boxes

April 23, 2015

First it was a policy of reporting anyone who deposits or withdrawals more than $10,000 in cash. Then a chief economist from Citigroup calls for the abolishment of cash entirely. And now on April 21,

Deutsche Bank gets off with $2.5 billion fine and no jail time for largest criminal fraud in history

April 23, 2015

On April 22, the Department of Justice announced that Deutsche Bank had agreed to pay $2.5 billion for their role in the Libor fraud scandal. The manipulation of Libor rates is the largest criminal fraud