Category Archives: Debt

Capitalism–or “Bank-ism?”

Posted on May 24, 2018 by eggsistense

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 Bank-ism, borrowing, capitalism, profit cancellation, profit motive | Leave a comment

Obedience—not resistance—is futile

Posted on September 12, 2016 by eggsistense

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 Alice Miller, Arthur Silber, birth school work death, Colin Kaepernick, Dakota Access Pipeline, freedom, George Washington, Malala Yousafzai, MLK, obedience is futile, Resistance is victory, Rosa Parks, Simon Bolivar, Tank Man | Leave a comment

Metallica on the bankster economy?

Posted on August 23, 2016 by eggsistense

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 black hole, economy, Everything Is Rigged, Metallica, money out of thin air, self-issued currency, Steve Keen, Zero Hedge | Leave a comment

The great word game of banking explained: reclassifying “loans” as “deposits”

Posted on January 20, 2016 by eggsistense

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 →

Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Feudalism, fiat currency, Paper terrorism, QE unlimited, Too big to fail, Wealth transfer | Tagged QE, quantitative easing, Richard Werner, Washington's Blog, Zero Hedge | Leave a comment

Quantum Theory of Fake Money and Fraud: “The black hole of debt is starting to warp the financial universe”

Posted on October 24, 2015 by eggsistense

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 →

Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, fiat currency, Financial Terrorism, Financialization, Foreclosure, Keiser Report, petrodollar, QE unlimited, Rent-seeking, Too big to fail, Wealth transfer, World War III | Tagged black hole, financial fraud, Financial Terrorism, fraud, Max Keiser, quantum theory, Stacy Herbert | Leave a comment

How the rich got richer and continue to do so: evading risk.

Posted on October 19, 2015 by eggsistense

On the most recent episode of the Keiser Report, Max and Stacy open the show with a discussion of the chart below, which shows that the top 1 percent of the world’s population owns half of the world’s wealth, and … Continue reading →

Posted in Crap-italism, Debt, Everything Is Rigged, Financial Terrorism, Financialization, Reverse socialism, Wealth transfer | Tagged Bank of England, capitalism, crap-italism, derivatives, Financial Terrorism, GIABO, global wealth pyramid, Max Keiser, Michael Hudson, one percent, risk, Simon Heffer, Stacy Herbert | Leave a comment

99 Homes Review: Letting the banks off the hook? (SPOILERS)

Posted on October 13, 2015 by eggsistense

If you have not yet seen the powerful new film 99 Homes and want to be surprised how it all turns out at the end, you might want to stop reading this now, because I am about to spoil the … Continue reading →

Posted in Bank of America, Crap-italism, Debt, Eviction, Foreclosure, Foreclosure fraud, Hollywood, homeless, Paper terrorism, Too big to fail | Tagged 99 Homes, Andrew Garfleld, banks, Dennis Nash, Florida, foreclosure, foreclosure fraud, Golden Rule, Hollywood, Michael Shannon, Rick Carver, spoiler, spoiler alert | 2 Comments

Collapse Is Unnecessary Because All Money Is Fake

Posted on July 1, 2015 by eggsistense

So Greece has now “defaulted” on its international “obligations,” thereby becoming the first developed nation to challenge the hegemony of the international system of finance—as opposed to the actual economy—by simply not paying. Russia Today puts it thusly: The International … Continue reading →

Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, Financial Terrorism, Financialization, Rent-seeking, Rentier, stock market, Too big to fail, Tyranny, Wage slavery | Tagged Athens, Bartolome de las Casas, capitalism, collapse, debt, dollar, Empire, euro, Federal Reserve, Felix Martin, Greece, International Monetary Fund, international system of finance, looting, money is a concept, money out of thin air, Money: The Unauthorized Biography, pound, propaganda, Puerto Rico, real economy, reward, risk, Ukraine, yen | 1 Comment

All Debt Is Odious: Greek Report Gets It Mostly Right

Posted on June 18, 2015 by eggsistense

Grexit on, Grexit off…Grexit on, Grexit off…that’s been the story for a while now, but could a new report by the Debt Truth Committee of the Hellenic Parliament which declares that Greece’s debt to the Troika is odious flip the … Continue reading →

Posted in Conspiracy, Crap-italism, Debt, Debt Slavery, Everything Is Rigged, fiat currency, Financial Terrorism, Financialization, Redistribution, Rent-seeking, Rentier, Reverse socialism, Tyranny, Wealth transfer | Tagged fiat currency, GIABO, Greece, Grexit, Hellenic Parliament, money out of thin air, odious debt, Troika, Truth Committee on Public Debt | Leave a comment

BANK ADMITS: MONEY IS FAKE, FICTIONAL, NOT REAL

Posted on March 31, 2015 by eggsistense

An anniversary repost, originally appearing March 31, 2014 at my other blog, The Air Standard: The very essence of what this blog is all about has been spelled out and confirmed in an article by the Bank of England: “Commercial … Continue reading →

Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, self-issued currency | Tagged Bank of England, banks, Eggs Is Tense, fiat money, Max Keiser, money, money is fictional, money out of thin air, self-issued currency | 4 Comments