Category Archives: Debt Slavery
WHY NOT EMBRACE WORTHLESS CURRENCY?
Extremely interesting post from Sprott Money linked at Zero Hedge (Debt-Free Money: NOT A Solution, Zero Hedge, Feb. 10, 2015), in which the lawsuit of COMER v. Bank of Canada is evaluated. I will confess that until reading the article, … Continue reading
Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Feudalism, fiat currency, Financial Terrorism, Financialization, Nixon Shock, Reverse socialism, self-issued currency, Wage slavery
Tagged Ann Emmett, Bank of Canada, COMER, Committee for Monetary and Economic Reform, Global Research, gold standard, public banking, Rocco Galati, Sprott Money, William Krehm, Zero Hedge
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WHY WE ARE WAGE SLAVES: THE CIRCULAR LOGIC EXPLAINED
Extremely eye-opening discussion with economist L. Randall Wray about, among other things, how money is ultimately valuable only as payment for taxes, which is how labor is compelled and the government controls the populace. If you want to check it … Continue reading
Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Feudalism, Financialization, history, Keiser Report, Redistribution, self-issued currency, Tax, Wage slavery
Tagged Africa, banks, Britain, colonialism, currency, From Alpha To Omega, L. Randall Wray, MMT, Modern Monetary Theory, podcast, self-issued currency, UK, US, wage slavery
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LIBERTY ROAD COMIX: NEW FEATURE
A new, periodic feature here at LRM—a cartoon or comic. In the past I have done some cartooning under the titles “Eggs Is Tense” and “Free Country.” I miss doing it and occasionally get ideas for cartoons and figured, why … Continue reading
Posted in Bank of America, Chase, Conspiracy, Crap-italism, Debt Slavery, Everything Is Rigged, fiat currency, Financial Terrorism, ISIS, Keiser Report, Liberty Road, Paper terrorism, Too big to fail, Tyranny, US Bank, Wealth transfer, Wells Fargo
Tagged capitalism without capital, cartoon, comics, comix, de-capitalism, decapitation, Eggs Is Tense, fiat money, Free Country, In-Solvent Institutions of Stealing, Jihadi Jamie, market fundamentalism, Max Keiser, money out of thin air
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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 all-time highs, bond market, fiat currency, homeless, Ladysmith Black Mambazo, Paul Simon, self-issued currency, stock market
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STRIKE! WALMART OVERDUE FOR A COMEUPPANCE
I posted the above meme on Facebook, which elicited the following response from a dear and longtime friend (in the physical world) of mine: Dumb bullshit. Walmart workers are responsible for themselves. It is their own decisions that put them … Continue reading
Posted in California, Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Financialization, freedom, minimum wage, Price-fixing, Redistribution, Wage slavery, Wages
Tagged Container Store, CVS, education, Facebook, food assistance, food pantry, Gerald Celente, military, mom and pop, pilots, poverty, skill, strike, student debt, student loans, wages, Walgeens, working poor
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THE ABSURDITY OF DEBT AND OF NOT CANCELLING IT
Salon has been on fire with truth lately, this article on student debt being no exception. From the article, we find out the following very interesting nugget: The total national student loan debt is more than $1.2 trillion, the bulk … Continue reading
Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, Financial Terrorism, Redistribution, Rentier, Reverse socialism, Wealth transfer
Tagged Consumer Financial Protection Bureau, economy, Forbes, indentured servitude, involuntary servitude, money out of thin air, salon, student debt, The Capitalist Tool, U.S. National Debt Clock
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THE END OF CHEAP LABOR AND CHEAP CREDIT—WHAT NEXT?
So I agree with the overall premise of this David Stockman article: cheap labor in the East allowed cheap credit to proliferate in the West: “It was the two-decades-long flow of quasi-slave labor into the export factories of east China … Continue reading
Posted in Crap-italism, Debt Slavery, Everything Is Rigged, Feudalism, fiat currency, Financialization, freedom, Rent-seeking, Rentier, self-issued currency, Wage slavery, Wealth transfer
Tagged China, credit, David Icke, David Stockman, DNA, economy, FoxConn, labor force participation rate, self-issued currency cheap labor, strike, The Air Standard
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DEBT JUBILEE: THE AFTERMATH
Let’s say that tomorrow, out of the blue, there was a complete debt jubilee. Meaning, if you went to bed tonight with $100K in student loans and $3K left until your car is paid off, and a mortgage you’re 20 … Continue reading
Posted in Debt Slavery, Everything Is Rigged, fiat currency, freedom
Tagged banks, jubilee, money out of thin air, Robert Reich, Rolling Jubilee, Strike Debt
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BANKS PUT ALL RISK ON US, THEN TAKE ALL THE REWARD AND PRETEND THAT IS CAPITALISM
We all know that all fiat money, such as the U.S. dollar, is created out of thin air not by banks but by the people and only has value because said people ultimately have “faith” in it. This is uncontroversial … Continue reading
Posted in Conspiracy, Crap-italism, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Financialization, Redistribution, Reverse socialism, self-issued currency, Too big to fail, Wealth transfer
Tagged bailout, Bank of England, fiat currency, fiat money, Kevin Evans, lender, money is fictional, money out of thin air, Northern Rock, ProPublica, reward, risk, self-issued currency, The Air Standard, The Telegraph, U.S. dollar
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LIBERTY ROAD MEDIA 