Author Archives: eggsistense
HOW FAKE MONEY BECAME LEGAL MONEY: THE AFFIRMATION OF THE NIXON SHOCK
Originally posted on LIBERTY ROAD MEDIA:
Forty-three years ago today in what is now not-so-commonly known as the “Nixon Shock”, Richard Nixon ended the Bretton Woods system by ending the convertibility of Federal Reserve Notes to gold, thereby putting the…
Does Money Exist? Of Course Not.
I was heartened to see the headline “Money Doesn’t Exist” on Zero Hedge today, even if the article did turn out to be more or less an ad for a Forex trading system. From the article: “The biggest secret the … Continue reading
MERS: Fake organization sues pranksters pretending to be MERS
Ah, MERS—the “mortgagee of record” on some 62 million + mortgages. Their very business model is fakery, in that they claim to be the “beneficiary” or “mortgagee” of these millions of mortgages, when they know that they are in fact … Continue reading
Why didn’t Yvanova help Yvanova? Q & A with CA attorney David Seal
The foreclosure defense arguments of some California homeowners were given a big boost by the recent California Supreme Court decision in Yvanova v. New Century Mortgage. In fact, just last week, we published an interview with one such homeowner, … Continue reading
First Yvanova, Now Hernandez—Courts Warming Up to Homeowner Arguments
California homeowner advocate Sherry Hernandez is feeling great these days about her efforts to fight her wrongful foreclosure by Penny Mac (i.e., PNMAC). “I’m trying to enjoy my time because I know that it’s not going to be easy going … Continue reading
In 23 Seconds, Alton Sterling went from Suspect to Dead Man
In this extremely disturbing video in the Alton Sterling case in Baton Rouge, we see the cops set upon Sterling at 5 seconds in. The cop pulls his gun at 23 seconds in—after Sterling appears to be subdued and pinned … Continue reading
The Constitution: Toilet Paper or Treasure?
Since Orlando, there has been a lot of talk about doing away with the Second Amendment, for example: here and here. A Facebook commenter put it this way: “And I don’t give a damn about the Second Amendment, and I … Continue reading
The #1 Reason To Suspect “False Flags” When “Radical Muslims” Commit Violence
Great article at Zero Hedge about the shooting in Orlando, and it ably and concisely breaks down the reason why so-called “conspiracy theorists” are so quick to suspect that an attack in a public place committed by “radical Muslims” is … Continue reading
Chomsky on Financialization vs. Capitalism: “That doesn’t make me fall in love with the feudal system.”
Great article about real-world economics on the occasion of Noam Chomsky’s comments in a documentary called “The Divide.” Noam is particularly on point in this one. Example: “INTERVIEWER: Does it give you any hope that some of the super-rich, such … Continue reading
“Capitalism”=Oligarchy/Feudalism on Steroids
Great post at More Crows Than Eagles called “Unnecessariat”–heavy stuff, all about the effects of supposed “capitalism” which is actually an oligarchy (feudalism?) on steroids which is by, of, and for the rentier class: “If there’s no economic plan for … Continue reading