Category Archives: Crap-italism

Capitalism–or “Bank-ism?”

The problem with capitalism is the same thing that is touted as its virtue. Namely, one of capitalism’s animating doctrines is that a worker can work hard and make more money as time goes on, and this is how the … Continue reading

Posted in Bank-ism, Crap-italism, Debt, Everything Is Rigged, Financialization, Rent-seeking, Rentier, Wealth transfer | Tagged , , , , | Leave a comment

Goldman Sachs admits: Capitalism is not the cure, it is the disease

  Whenever you get grief for criticizing capitalism, point those giving you said grief to this story, because it perfectly describes capitalism’s grave shortcomings with just the question asked in the headline: “Is curing patients a sustainable business model?” The story … Continue reading

Posted in biotech, Crap-italism, Goldman Sachs, paradox, Rent-seeking, socialism, Uncategorized, Wealth transfer | Tagged , , , , , , , , | 1 Comment

United Kerfuffle Separates the Statists from the Anarchists

A comment from a Facebook friend completely nails the inexplicable controversy over whether David Dao, the doctor with a checkered professional past,  should’ve been dragged off United 3411 or not: “You can not defend personal freedom and defend what is … Continue reading

Posted in Anarchy, civil rights, Crap-italism, freedom | Tagged , , , , , | Leave a comment

5 Ways to Fix The Economy For The Better: Richard Wolff Interview

This interview is instantly my favorite thing Lionel has ever done.  He interviews the brilliant economist Richard Wolff, and from the get-go, it’s a tour de force of common sense obliterating tired, hackneyed, jingoistic propaganda that somehow just won’t die … Continue reading

Posted in Crap-italism, Everything Is Rigged, Federal Reserve, fiat currency, freedom, history, Redistribution, Reverse socialism, socialism, Wage slavery, Wealth transfer | Tagged , , , , , , , , , | 1 Comment

Obedience—not resistance—is futile

  Resistance is not futile—obedience is. Don’t believe me? Think about it. You obey and what happens? More obedience is required. You go to work, you pay your bills, you pay your taxes, you support your candidates, and so on. … Continue reading

Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, freedom, Police State, Resistance, Tyranny, Wage slavery | Tagged , , , , , , , , , , , , , | Leave a comment

Metallica on the bankster economy?

On their killer new tune “Hardwired,” Metallica probably didn’t intend to comment on the rigged, doomed-to-crash bankster economy, but that’s how I hear these lyrics in the song’s chorus: “We’re so fucked/shit outta luck/hardwired to self-destruct…” It’s the end of … Continue reading

Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Feudalism, self-issued currency, Uncategorized, Wealth transfer | Tagged , , , , , , , | Leave a comment

“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

Posted in Crap-italism, Debt Slavery, Feudalism, homeless, Profiles In Resistance, Redistribution, Rent-seeking, Rentier, Reverse socialism, socialism, Tyranny, Wealth transfer | Tagged , , , , , , , | Leave a comment

“Secret Shame” of Middle Class vs. Shamelessness of Banks

, While there is certainly much to appreciate in “The Secret Shame of the Middle-Class,” Neal Gabler’s recent article in The Atlantic, I still felt that it ultimately acts as an indictment of, rather than a gesture of solidarity with, … Continue reading

Posted in Crap-italism, Everything Is Rigged, Federal Reserve, Financial Terrorism, Foreclosure fraud, QE unlimited, Securitization Fail, Too big to fail | Tagged , , , , , , , , , , | 2 Comments

Conspiracy fact: Actual proof that banks create money out of nothing (Part 1)

Here at LRM, I have written a great deal about the fact that banks create money out of nothing, ex nihilo, out of thin air.  This assertion was made after extensive research into the money-creation process, and I found that … Continue reading

Posted in Crap-italism, Debt Slavery, Everything Is Rigged, fiat currency, Paper terrorism, Redistribution, Reverse socialism, Too big to fail, Wealth transfer | Tagged , , , , , , , | 7 Comments

Wonder why no American elites mentioned in the reporting on “The Panama Papers?” Truthdig explains.

My thoughts exactly in a great new Truthdig article–the Panama Papers are great and all, but where the hell are the Americans mentioned? We’re expected to believe that Americans have clean hands in all this? Is that a joke? No … Continue reading

Posted in Absurdity Today, Crap-italism, Everything Is Rigged, Financialization, Tax | Tagged , , , , , , , | Leave a comment