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Elections

Presidential Candidate Vivek Ramaswamy Faces Scrutiny Over Scholarship Acceptance

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Republican presidential contender Vivek Ramaswamy is facing increased scrutiny after revelations that he accepted a scholarship from the Paul & Daisy Soros Fellowship for New Americans, founded by the late brother of liberal billionaire financier George Soros, despite already being a millionaire at the time.

Ramaswamy, who has positioned himself as a conservative voice in the political landscape, defended his decision to accept the $90,000 scholarship by emphasizing that he lacked the financial means to attend Yale Law School.

He explained that he received a merit-based scholarship, partially funded by Paul Soros, which he considered a prudent choice at the age of 24. He maintained that it would have been unwise to decline the scholarship given his circumstances.

However, critics are pointing to the fact that when Ramaswamy received the scholarship in 2011, he was already financially well-off. His tax returns from that year, which he released in June, showed a reported total income of $2,252,209. This revelation has raised questions about the necessity of accepting a scholarship designed to assist individuals in need, particularly given his substantial income.

According to reports from Fox News, Tricia McLaughlin, spokesperson for Ramaswamy’s campaign, defended his scholarship acceptance by highlighting that the award was provided by a relative of George Soros who has since passed away.

McLaughlin asserted that the scholarship in question was a generic merit-based scholarship commonly awarded to numerous graduate students. She contended that declining such a scholarship would have been imprudent, emphasizing that Ramaswamy’s opponents should not use this issue to question his fitness for public office.

The controversy surrounding Ramaswamy’s scholarship acceptance has been further fueled by remarks made by George Soros at the Munich Security Conference earlier this year.

As the presidential race progresses, Ramaswamy finds himself under increased scrutiny not only for his political positions but also for his financial background and the circumstances surrounding his scholarship acceptance. The revelation has added a new layer to the ongoing debate about transparency and ethical considerations within the realm of political campaigning.

Follow Alexander Carter on Twitter @AlexCarterDC for more!

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Economy

Federal Reserve Economist on hidden camera: ‘we don’t want Trump to be in the government’

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Hidden Camera captures Principal Economist at the Federal Reserve talking about Jerome Powell’s legacy as “somebody who held the line against like, Trump.” According to hidden camera footage of Aurel Hizmo, principal economist at the Federal Reserve, the U.S. agency could have fixed inflation a while ago but refused to do so for fear of hurting President Joe Biden’s re-election efforts.

Hizmo told an undercover reporter that the Fed stopped raising the rates to tackle inflation because it could cause a recession that would likely end Biden’s 2024 campaign.

The influential agency responsible for maintaining a stable monetary system appears to not just be establishing interest rates, but to be setting policies for desired social outcomes. “Under Powell, the Fed has changed to think about equity issues, like racial issues, think about wealth inequality as part of the mandate, as part of the things we are following. Think about climate change.” Aurel Hizmo, Principal Economist at the Federal Reserve, who prior to working at the Fed was an Assistant Professor helps write speeches for Federal Reserve Board Chair Jerome Powell for the Federal Open Market Committee.

Hizmo says “Trump is just a crazy person” and conservatives are “dumb” as he describes to OMG’s American Swiper Citizen Journalist a politicized Federal Reserve Board where Powell has promoted ESG issues like climate change and “wants to be remembered in history” “as a savior.” But shhh…don’t tell anyone because Hizmo says: “I’m just really worried that I’m saying stuff that’s classified…It’s all classified.”

 

 

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