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PERRIN LOVETT

~ Deo Vindice

PERRIN LOVETT

Tag Archives: fraud

Another College Post

13 Sunday Oct 2019

Posted by perrinlovett in Other Columns

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college, economics, education, fraud

Bill Sardi comments on the continuing and worsening scam of college education. He particularly concentrates on economics.

Free college education is now being handed out to high school graduates and will lead to the ruination of many unwary young Americans.

Here is what happens when higher education becomes commoditized:

Having redefined my definition of “Americans” to only include Americans, I’m tempted to say they’re already ruined, young or old. He goes with twelve very good reasons why what passes for the college experience is generally a waste for most people, again centering on the moneyed aspects. He’s 99.999% right.

As for the debts that will never be repaid, just remember that the Fed, in the past two weeks, has created more than enough fiat to get rid of all student loans. Or, do we owe those to ourselves too?

The College Fix – from TPC

27 Wednesday Mar 2019

Posted by perrinlovett in Legal/Political Columns, News and Notes

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celebrities, college, culture, education, fraud, TPC

The Old College Try: Nation Concentrates on One of Many Higher Ed Scandals ***With Mueller Report Note***

A week or two back, the news broke of a DOJ crackdown on several score celebrities, all accused of bribing and lying their children’s way into elite colleges. The better-heeled Americans allegedly paid big money and told tall tales about Little Suzie; the colleges allegedly lapped it all up.

Some actresses I’d never heard of and some others stand indicted, facing prison time. Some of the children (not indicted) are “influencers,” celebrities because they are celebrities are some such rubbish. People like this undertake such nefarious actions because, A, they can, and B, because they’re kids were not bright enough to qualify otherwise.

Announcing the investigation, U.S. Attorney Andrew Lelling made an interesting statement: “For every student admitted through fraud, an honest and genuinely talented student was rejected. …

READ AT TPC

Thank God, Chicago

26 Tuesday Mar 2019

Posted by perrinlovett in News and Notes

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Tags

Chicago, crime, fraud, hoax

At last, we can put this hate crime/hate hoax/whatever, with the still-unknown-to-me “celebrity” guy, to rest. I’ll sleep better. You? Really, Cook County, how does it strike you the way “your” system works? Still wanna proudly serve on those grand juries?

More College Cheating

23 Saturday Mar 2019

Posted by perrinlovett in News and Notes

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academia, college, education, fraud, Walter Williams

Walter Williams (yet again) sheds light on the extent of college admissions cheating and fraud. The “ordinary” system blows the Hollywood trash out of the water.

According to the Bureau of Labor Statistics, 70 percent of white high school graduates in 2016 enrolled in college, and 58 percent of black high school graduates enrolled in college. However, that year only 37 percent of white high school graduates tested as college-ready but colleges admitted 70 percent of them. Roughly 17 percent of black high school graduates tested as college-ready but colleges admitted 58 percent of them.

About 40 percent of college freshmen must take at least one remedial course. To deal with ill-prepared students, professors dumb down their courses so that students can get passing grades. Colleges also set up majors with little or no academic content so as to accommodate students with limited academic abilities. Such majors often include the term “studies”: ethnic studies, cultural studies, gender studies or American studies. The major selected by the most ill-prepared students, sadly enough, is education. When students’ SAT scores are ranked by intended major, education majors place 26th on a list of 38.

One gross example of administrative dishonesty surfaced at the University of North Carolina. A learning specialist hired to help UNC athletes found that 60 percent of the 183 members of the football and basketball teams read between fourth- and eighth-grade levels. About 10 percent read below a third-grade level. These athletes both graduated from high school and were admitted to UNC. More than likely, UNC is not alone in these practices because sports are the money-making center of many colleges.

Maybe the DOJ needs to look closer at the system itself. And given what we know about the quality, who the hell would pay extra in order to have a child admitted to such lunacy?

Civil Suits Against Uncivil Colleges

15 Friday Mar 2019

Posted by perrinlovett in Legal/Political Columns

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Tags

civil litigation, college, discrimination, fraud, lawsuit

Two have been filed so far.

One, by students, is a class action aimed at the entry of unqualified applicants at the expense of those with true merit. This sounds kind of like the Asians v. Harvard case.

Another, by a parent (maybe with class potential) seeks $500 Billion (that’s a “B”) in unspecified damages for fraud.

A $500 billion civil lawsuit filed by a parent on Wednesday in San Francisco accused 45 defendants of defrauding and inflicting emotional distress on everyone whose “rights to a fair chance at entrance to college” were stolen through their alleged conspiracy.

In the largest known college admissions scandal in U.S. history, federal prosecutors on Tuesday said a California company made about $25 million by charging parents to secure spots for their children in elite schools, including Georgetown, Stanford and Yale, by cheating the admissions process.

Jennifer Kay Toy, a former teacher in Oakland, California, said she believed her son Joshua was not admitted to some colleges, despite his 4.2 grade point average, because wealthy parents thought it was “ok to lie, cheat, steal and bribe their children’s way into a good college.”

Some special people, the government, and most professional academics have seen lying, stealing, and bribing as okay for a long time.

Light. Them. Up.

Public School is Valedictorian Abuse

01 Sunday Jul 2018

Posted by perrinlovett in News and Notes, Other Columns

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academia, child abuse, decline, education, fraud, schools, Texas, Valedictorian

The following story would almost be unbelievable if it didn’t come out of an American public “school” system.

Being your school’s valedictorian might be the greatest honor a student can achieve. But what happens when there’s a mixup? After delivering a valedictory speech at DeSoto High School’s graduation in May, Texas student Destiny Brannon was told she wasn’t the school’s valedictorian after all.

…

On June 12, Destiny’s parents were told that the school had made a mistake calculating the students’ final rankings, the Dallas Morning News reported. Even though she had already spoken at DeSoto’s graduation on May 31, Brannon was apparently third in her class, according to the new rankings, which put a student named Brian Uzuegbunam in first place. According to the Dallas Morning News, the error happened because DeSoto had calculated the final rankings based on grades through the school’s fall semester, not the spring semester.

The mistake is more than just an embarrassing moment for the school too; it’s a potential financial nightmare for the Brannon family. Texas state universities give each of the state’s public high school valedictorians the opportunity to attend one year at a state university tuition free. Destiny had planned to attend the University of Texas at Austin. The family claims she had already gone through the school’s first-year orientation when her family learned about the valedictorian mixup.

The biggest twist in the story, though, is the fact that Destiny and her mom apparently don’t think the mixup was an accident at all. Destiny’s graduation speech criticized the school’s administration for valuing athletics over education, according to the Dallas Morning News. The outlet reported that although former DeSoto principal Arista Owens-McGowan had approved the speech, Destiny and her mom think the new rankings came in response to the criticism.

Given how “schools” are desperate to shut down dissent, I buy the retaliation angle. However, given that some American public school teachers can’t read, it’s likely that some school administrators can’t add.

Destiny Brannon, Gloria Akinnibosun, and Brian Uzuegbunam are three of those very high IQ students I’ve noted before, the ones you can’t stop from learning even if you try. Their grade averages, for any semester, are likely all high “A’s,” separated by some small fraction. They excel because they’re smart and certainly not due to being in a school that can’t tell spring from fall.

For Ms. Brannon and all the graduates, I am happy they are free from this stupidity. The Brannons should seriously consider legal action due to the financial bite. The State and the People of Texas should consider shutting down this failed system. The system owes them all an apology.

Here’s how the DeSoto High “School” breaks down:

Screenshot 2018-07-01 at 1.43.00 PM

US News.

This school boasts a 91% graduation rate even as they admit, by their numbers, that only half the students are proficient in reading. It’s a 97% minority school; where’s the feigned outrage from the usual suspects? Oh, yeah. They don’t really care.

I do. So I’ll leave bright, young Ms. Brannon with this: You cannot be stopped. Forget these fools. (Sue them maybe). Destiny, your destiny begins now.

cb32300a40cada9b832914abbe1feb1f

Bright woman, recent prison escapee. USN.

Marvin Goodfriend is Nothing of the Kind; He Wants You Enslaved

22 Tuesday May 2018

Posted by perrinlovett in Legal/Political Columns

≈ 1 Comment

Tags

banksters, economics, evil, Federal Reserve, fraud, globalism, slavery, theft, Trump

In the interests of honesty and reality, the man should change his name to GoodFIEND. He seriously advocates robbing the people of their money and forcing them into servitude to the criminal banksters. He’s also nominated by the Trump to the Federal Reserve Syndicate.

Trump Federal Reserve Board of Governors nominee Marvin Goodfriend reportedly advocated on two different occasions the elimination of cash from circulation in an effort to prevent individuals from hoarding cash in the event that the Federal Reserve were to push a negative interest rate policy during a financial crisis.

The Mises Institute notes that Goodfriend first floated the idea in a 1999 paper called “The Case for Unencumbering Interest Rate Policy at the Zero Bound” and again promoted the concept at a 2016 Federal Reserve conference in Jackson Hole, Wyo.

Goodfriend reportedly said that the Fed needs the option to push interest rates negative, which would cause consumers to pay fees in order to keep their money in savings accounts, and that cash should be eliminated to prevent banking consumers from pulling their money out of banks to avoid paying those fees.

Bloomberg notes that Goodfriend suggested a few theories for how to phase out cash. He floated eliminating large bills to make cash less convenient. He suggested that the Fed charge banks and/or consumers fees for issuing paper currency. He advocated that the issuance of cash be taxed such that consumers only receive 90 cents when withdrawing a dollar. He also called for abolishing cash outright. The Wall Street Journal notes that Goodfriend additionally suggested that cash bills should contain a magnetic strip so they can be scanned and tracked as they move through circulation.

Word has it he will even graciously allow singing in the fields.

I really like Donald Trump. I like the idea of America, America first even. I like my swamps drained. But I wonder sometimes why a man, nominally at war with the NWO, keeps nominating one swamp rat after another. We shall write this off as 19-D chess or whatnot.

Anyway, the criminal banksters have already achieved real negative interest rates. That barrier proved just as easily broken as the one associated with 767.3 MPH. It’s a convenient mechanism to boost the already steady supply of funny money. Here’s, in brief, how it works:

Congress authorizes debt spending, money created from nothing. The Fed digitally prints even more fake currency. They loan that surplus crap to the commercial banking criminals at a negative interest rate, adding even more fiat elasticity. The big banks loan it to smaller banks, funds, and credit companies at a flat or marginal rate. The smaller bank deals with a credit card bank at friendly, discount terms. (All along the way, money is passed with either little cost, no cost, or an actual bonus). The credit card bank kindly loans you the fake money – at 19% interest. You have to pay that back, via the sacrifice of part of your life and livelihood. You are literally the only party in the chain that has to contribute something real to the cycle.

That’s the loan side of negative rates. For savers, it means that the bank that holds your money no longer has to pay you anything for the privilege of the holding and use of your hard-earned cash. In fact, under this plan, you will have to pay them a fee to keep your cash. You will have no choice in the matter. This is also known as robbery.

This plan, when (when not if) implemented, will be sold to the gullible public as a measure of safety and convenience. Something about fighting terrorists or feeding whales or feeding whales to terrorists or anything else they think 95 IQ teevee watchers will fall for.

What this all amounts to is a desperate scramble by the globalist elites to grab just a little more real wealth and control as their new hellish world heads south. This is kind of what the Pope was eluding to the other day, in flowery, economically vacuous terms. These wise, central planners are literally planning to force the people into conditions to shock a Roman peasant. The people, by and very large, for their part, pop pills, eat a lot of sugar, and contemplate new tattoos. Not all of them.

Today, millions of Americans are headed to the polls to make their voices heard, make their votes count. Rest assured that whichever Uniparty dipshit you endorse today, he is deeply educated about this brewing danger and surely has a ready plan to combat it.

(Hang on a second. I laughed myself off my chair).

Okay, seriously, there is a solution to problems like this. Honest solutions. Appropriate solutions.

All of these schemes, these dread issues of modernity – the banking fraud, the debt, the hands-free laws, the pitiful schools, the “refugees,” the rancor, the violence – all of it is connected. People elsewhere are slowly waking up. The Italians will probably leave the EU within a year. The Swiss and the Swedes are preparing for war. The Hungarians and the Polls are firmly saying, “No!” to more globalist “help.” Will you, the Trump, and the rest of the US join them?

Emanuel Celler’s Daycare, Where Fraud Meets Fraud

16 Wednesday May 2018

Posted by perrinlovett in Legal/Political Columns

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1965, al Shabaab, decline, Emanuel Celler, fraud, government theft, immigration, invasion, Minnesota, Somalia, terrorism, welfare

They say, “follow the money.” If one follows it out of Minneapolis-St. Paul International Airport, it ends up in Somalia, in the hands of terrorists. $100 Million per year.

MINNEAPOLIS (KMSP) – For five months, Fox 9 has been investigating what appears to be rampant fraud in a massive state program.

This fraud is suspected of costing Minnesota taxpayers as much as $100 million a year.

The Fox 9 Investigators reporting is based on public records and nearly a dozen government sources who have direct knowledge of what is happening.

These sources have a deep fear, and there is evidence to support their concerns, that some of that public money is ending up in the hands of terrorists.

The old Minnesotans work hard, make money, and pay the taxes. The taxes support so many wonderful programs. The new “Minnesotans” run welfare and daycare scams to siphon money out of those terrific programs. They send that money back to their real homes, including Somalia, where their real allegiance resides (and where they should too). There, at home, a good deal of the cash is intercepted by groups like al Shabaab. Al Shabaab helps create more “refugees” bound for places like MN. A wonderful cycle.

The FOX team is very concerned about the fraud at the fake daycare centers. They should be. They should also worry about the rampant fraud in the existence of these socialist, terror-supporting programs and the taxes that feed them.

Here’s the deal: two scenarios at work:

  • You, Mr. and Mrs. MN, work hard and make money. A man with a gun steals some of that money. The robber then offers it to “the needy.”
  • “The needy” come right along and take all they can.

Which of the above scenarios is the greater fraud?

We are reliably informed that the new “Minnesotans,” like so many other migrants, are a net benefit to the economy. They no doubt do wonders for the al Shabaab economy (likely heavy in AKs, RPGs, cigarettes, dope, slaves, Toyota pickups, and maybe not so much soap).

Exactly as it should be at this late hour and exactly as envisioned by a little cretin, circa 1965. That Act may prove to be the greatest fraud of all.

nimbus-image-1526517914958

al Shabaab/Celler’s Daycare.

No Such Thing as a Free Lunch

25 Thursday May 2017

Posted by perrinlovett in News and Notes

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banksters, economics, economy, fraud, future, inflation, Mark Zuckerberg

Why not go ahead and make everyone billionaires? Worked so well in Rhodesia Zimbabwe Inflation-Land, Africa.

Suckerberg…

Facebook CEO Mark Zuckerberg called on the need to consider universal basic income for Americans during his Harvard Commencement Speech.

Zuckerberg’s comments reflect those of other Silicon Valley bigwigs, including Sam Altman, the president of venture capital firm Y Combinator.

“Every generation expands its definition of equality. Now it’s time for our generation to define a new social contract,” Zuckerberg said during his speech. “We should have a society that measures progress not by economic metrics like GDP but by how many of us have a role we find meaningful. We should explore ideas like universal basic income to make sure everyone has a cushion to try new ideas.”

Zuckerberg said that, because he knew he had a safety net if projects like Facebook had failed, he was confident enough to continue on without fear of failing. Others, he said, such as children who need to support households instead of poking away on computers learning how to code, don’t have the foundation Zuckerberg had. Universal basic income would provide that sort of cushion, Zuckerberg argued.

“I’m from Farcebook and I’m here to help.”

Here’s a new idea: read Mises or something, Mark. Your Fed buddies and those idiots in D.C. could enrich everyone beyond belief in a few minutes. Safety nets entangle.

art.50.billion.zimbabwe.afp.gi

One helluva cushion! Good for TP or fire starter! AFP / Getty / CNN.

The End of Obamacare?

16 Monday Jan 2017

Posted by perrinlovett in Legal/Political Columns

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Congress, Donald Trump, fraud, government, health, insurance, medical care, ObamaCare

There’s no doubt the ACA is finished. It’s bankrupt; it doesn’t work; its killing coverage; the coverage afforded is basically unusable; doctor’s are fleeing; insurance companies are abandoning entire states; and, of course, it’s found nowhere in the Constitution outside the overactive imagination of John Roberts (not that that one matters). The question is how will it go out. And what will take it’s place?

President-elect Trump dropped some hints as to his coming answers:

President-elect Donald Trump said in a weekend interview that he is nearing completion of a plan to replace President Obama’s signature health-care law with the goal of “insurance for everybody,” while also vowing to force drug companies to negotiate directly with the government on prices in Medicare and Medicaid.

Trump declined to reveal specifics in the telephone interview late Saturday with The Washington Post, but any proposals from the incoming president would almost certainly dominate the Republican effort to overhaul federal health policy as he prepares to work with his party’s congressional majorities.

Trump’s plan is likely to face questions from the right, after years of GOP opposition to further expansion of government involvement in the health-care system, and from those on the left, who see his ideas as disruptive to changes brought by the Affordable Care Act that have extended coverage to tens of millions of Americans.

In addition to his replacement plan for the ACA, also known as Obamacare, Trump said he will target pharmaceutical companies over drug prices.

“They’re politically protected, but not anymore,” he said of pharmaceutical companies.

One wonders how “insurance for everybody” will be paid for. Trump is likely to face a greater fight from his own party than from the opposition. The Democrats should technically be okay so long as continued coverage for the “poor” is promised (no-one cares about delivery, it’s the thought that counts in D.C.). And the GOP has murmured about changing the law but keeping those dreadful taxes – even as they contemplate mind-blowing debt increases in the near years to come.

obamacarebattlemgn

NBC News.

Another huge problem will be the insurance industry and the medical community. They will not go away quietly. And they will join forces with the big-pharma racket. Nothing about repealing or replacing this monster will be easy. But change has to come. Barring massive, massive subsidies, the program as is, is finished.

Fred Reed recently mused on the fact that the much-maligned, socialist single-payer system found in some other countries is preferable to what we have now. And he’s right. Single-payer would cost less overall and would likely deliver much better results. But, recall that delivery doesn’t matter in D.C. Due to the stigma, the potential loss of control and profits for the insurance cabal, etc., and the lingering collective remembrance of freedom, socialized medicine is not going to happen in America. No time soon, at least.

The Austrian, the anarchist, and the capitalist in me fully believes that a completely unregulated, free-market system is by far the best alternative. It’s one we used to have and is still found in a few small places around the world. It worked – too well for the government and their corporate handlers. It will never return.

So “free” medicine, the best solution, and socialized medicine, a distant second-best, are off the table. That leaves things in between them and what we have now. And what we have now is the worst possible in the developed world. It’s really little better than no care at all in many cases. In some cases, it’s actually worse.

What we’re probably going to end up with is a compromise. Something dead in the middle that will last a few years or decades and then need another massive overhaul. I wish Trump (and all of us) well but I remain optimistically pessimistic.

As is, I’ll try to stay healthy and avoid any contact with any medical system. That’s what I recommend for everybody.

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Perrin Lovett

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