Author Archives: eggsistense
“IT’S ALL A FUGAZI”: MOVIE TELLS IT STRAIGHT UP
“It” being the stock market, stocks, money, everything, as Matthew McConaughey’s coked-up stockbroker explains in the above scene from “Wolf of Wall Street.” The important point about it all? “It’s not fucking real,” as McConaughey’s character points out. In other … Continue reading
HAS THE WORM TURNED? WELLS FARGO MANUAL ADMITTED INTO EVIDENCE
Soon we will have a new deposition to pore and obsess over, getting ever closer to that sweet day when all of this foreclosure fraud is out in the open! Housing Wire explains: “A New York judge ruled that Wells … Continue reading
DEBT BY DESIGN: “IT’S IMPOSSIBLE TO WORK YOUR WAY THROUGH COLLEGE NOW…”
And that’s the point of all these bubbles, and QE, and ZIRP, and inflation– it forces you to finance what you could once buy outright through working. This is the true end game of the “Nixon Shock,” petrodollar, credit bubbles, etc. … Continue reading
Posted in "supply and demand", Debt, Debt Slavery, fiat currency, Financial Terrorism, petrodollar, Redistribution, Rent-seeking, Rentier, Wages, Wealth transfer
Tagged 1971, bubble, college, financialization, Michigan State, minimum wage, Nixon Shock, rent-seeking, student loans, work
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MERS: DYING A SLOW, PAINFUL DEATH?
In a bombshell story about Ginnie Mae and Bank of America–which is a big deal unto itself–Yves Smith brings in the following about MERS (Mortgage Electronic Registration Systems), which is the cornerstone of the securitization fail (Smith quotes Bloomberg): “As … Continue reading
Posted in Asset Bubble, Bank of America, Debt, Debt Slavery, Everything Is Rigged, Fannie Mae, Foreclosure fraud, Securitization Fail
Tagged Abigail Field, Bank of America, Bloomberg, Fannie Mae, Kemp v. Countrywide, Linda DeMartini, MERS, Naked Capitalism, securitization fail, William Hultman
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THE SOLUTION: SINCE THE MONEY ISN’T REAL, THE DEBT ISN’T EITHER
Very interesting commentary from David Graeber (Occupy movement leader and author of “Debt: The First 5,000 Years“) on the Bank of England’s recent admission that money is created out of thin air. Graeber sounds as excited as me in describing … Continue reading
Posted in Conspiracy, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Foreclosure fraud, Wage slavery, Wealth transfer
Tagged 000 Years, Bank of England, banks, David Graeber, debt, Debt: The First 5, deposits. financial crisis, foreclosure fraud, money, Occupy, Occupy Wall Street
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TAXES DO NOT FUND THE GOVERNMENT OR SERVICES…
Just a reminder on this lovely tax day that in 1984, the report of the Grace Commission made this statement: “With two thirds of everyone’s personal income taxes wasted or not collected, 100 percent of what is collected is absorbed … Continue reading
Posted in Debt, Everything Is Rigged, fiat currency, Tax
Tagged April 15, Everything Is Rigged, Grace Commission, IRS, taxation
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THE WAY THINGS REALLY WORK: SWAPS AND SYRIA
A couple of interesting stories read over the weekend about how–not to beat a dead horse (because this horse is very much alive)–everything is rigged, from the “economy” to war. First a great one from Ellen Brown regarding interest-rate swaps, … Continue reading
Posted in Asset Bubble, Conspiracy, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Foreclosure fraud, Keiser Report, Price-fixing, Wealth transfer
Tagged Ellen Brown, Empire Burlesque, false flag, financial fraud, Financial Terrorism, interest, interest rate swaps, Iraq, LIBOR, Max Keiser, Riverside County, sarin, Seymour Hersh, Sifma
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PEOPLE CATCHING ON TO BANK FRAUD–OR JUST BROKE?
Black Knight (formerly LPS, the peddlers of fraudulent mortgage documents) reveals that according to its calculations, mortgage originations are at their lowest level ever. Here’s the Zero Hedge summary of the data: New mortgage originations fell over 23% month-over-month and … Continue reading
Posted in Asset Bubble, Conspiracy, Debt, Debt Slavery, Everything Is Rigged, fiat currency, Financial Terrorism, Foreclosure fraud, Price, Redistribution, Reverse socialism, self-issued currency
Tagged Bank of England, Black Knight, credit score, David Graeber, DocX, fictional money, foreclosure fraud, LPS, mortgage origination, underemployment, unemployment, Zero Hedge
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LIBERTY ROAD MEDIA 