Category Archives: Debt Slavery
Wells Fargo’s New Scam: Involuntary Debt Trap
So it has come to light that Wells Fargo employees did the following: On Thursday, federal regulators said Wells Fargo (WFC) employees secretly created millions of unauthorized bank and credit card accounts — without their customers knowing it — since … Continue reading
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
“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
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
The great word game of banking explained: reclassifying “loans” as “deposits”
The other day, I ran across another stellar article about money creation at Washington’s Blog. The article, titled “A Loophole Allows Banks – But Not Other Companies – to Create Money Out of Thin Air” contains excerpts from a 2014 … Continue reading
Quantum Theory of Fake Money and Fraud: “The black hole of debt is starting to warp the financial universe”
Professor Max “Planck” Keiser again breaks down for us what is really going on in Episode 827 of the Keiser Report. Professor Stacy “Einstein” Herbert tells us that in the past few episodes, she and Max had been talking about … Continue reading
Why Is All Money Ultimately Fake? Economist Steve Keen Explains. Time to Break Your Conditioning.
In a post-Oxi appearance on the Keiser Report (episode #780), noted economist Steve Keen spoke about the Greek economic situation specifically, then about the nature of debt generally, and in so doing perfectly encapsulated what I recently have been chastised … Continue reading