Category Archives: Asset Bubble

17 YEAR OLD HEDGE FUND CEO? WHAT COULD POSSIBLY GO WRONG?

Calling his operation “a hedge fund for the rest of us,” 17 year-old Jacob Wohl of Corona, CA (about 30 minutes north of where I write this) has gotten sub-million dollar investments from regular working stiffs like his high school … Continue reading

Posted in Asset Bubble, California, Everything Is Rigged, fiat currency, Redistribution, Rent-seeking, Securities, stock market | Tagged , , , , , , , , | Leave a comment

SOCIALISM FOR THE RICH WORKING LIKE A CHARM…

…and the capitalism for the rest of us is going just as you’d expect, and just as planned, i.e., horribly.  From a Zero Hedge story masterfully headlined “Mission Accomplished: Stocks & Homeless Kids Hit All-Time Highs”: “Something is dreadfully wrong … Continue reading

Posted in Asset Bubble, Crap-italism, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, Financial Terrorism, homeless, Redistribution, Reverse socialism, self-issued currency, stock market | Tagged , , , , , , , | 2 Comments

43 YEARS OF FAKE MONEY: MUST-WATCH VIDEO

Finally broke down and watched one of the videos I had been hearing about on the Peak Prosperity website.  This video was the 9th in a series of 27 and was appropriately posted last Friday, August 15, the 43rd anniversary of … Continue reading

Posted in Asset Bubble, Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, fiat currency, Financial Terrorism, Financialization, Foreclosure fraud, Keiser Report, Nixon Shock, Redistribution, Rent-seeking, Reverse socialism, Wage slavery, Wealth transfer | Tagged , , , , , , , , | Leave a comment

MERS: THE INVISIBILITY CLOAK OF THE BANKSTERS

Yes, the banks don’t want you to see what they’re doing–or not doing, as the case may be.  Specifically, they don’t want you to see that they have separated your note from your deed of trust/mortgage.  In my opinion (and … Continue reading

Posted in Asset Bubble, class war, Conspiracy, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, fiat currency, Financialization, Foreclosure fraud, Living Lies, MERS, QE unlimited, Redistribution, Reverse socialism, Securities, Securitization Fail, Wealth transfer | Tagged , , , , , , , , , , , , , , | 7 Comments

WHAT “RECOVERY?” WHO CAN AFFORD ANYTHING?

Scene: a typical American coffee shop.  We see two casually-dressed friends sitting at a table, talking quietly and drinking a cup of joe.  We notice one has a “grande” while the other has a “tall.” Suddenly we hear loud guffawing … Continue reading

Posted in Asset Bubble, Bank of America, Crap-italism, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Financialization, Price, Price-fixing, Rent-seeking, Rentier, Wage slavery, Wages | Tagged , , , , , , , , , , , , , , , , | Leave a comment

INSTEAD OF BANNING CASH, GO TO SELF-ISSUED CURRENCY

Apparently Kenneth Rogoff doesn’t think the banks and their kept governments have enough ways to screw us all over, so he is proposing a ban on cash: “Has the time come to consider phasing out anonymous paper currency, starting with … Continue reading

Posted in Asset Bubble, Conspiracy, Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Financialization, Nixon Shock, QE unlimited, self-issued currency, Wages, Wealth transfer | Tagged , , , , , , , , , , , , , , , | 2 Comments

UNICORNS ARE REAL–IF YOU’RE A BANK

And if you’re not a bank, then…no unicorns, only trolls. But really, it’s amazing the extent to which human society continues to run on myth, as one can see during the extended interview of Timothy Geithner by Jon Stewart, and … Continue reading

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NOT NEGATIVE, JUST TRUE: “EXPENSES SOAR, WAGES STALL”

A few days ago, the website of The Washington Post ran a story with this headline–“Happy Days No More: Middle-class families squeezed as expenses soar, wages stall.”  No shit, Sherlock.  The article tells us the following: “Wages for millions of … Continue reading

Posted in Asset Bubble, class war, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, fiat currency, Financialization, Nixon Shock, self-issued currency, stock market, Wage slavery, Wages, Wealth transfer | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

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 , , , , , , , , , | 5 Comments

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 , , , , , , , , , , , , , | Leave a comment