Category Archives: Debt

SELF-ISSUED CURRENCY: THE WAY OUT OF DEBT SLAVERY

Posted on March 11, 2015 by eggsistense

Check out this extremely relevant and important article from Washington’s Blog: 9 Mind-Blowing Facts About Money. It is a great primer for those not familiar with fiat currency and the fact that modern currency is, without question, created out … Continue reading →

Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financialization, Nixon Shock, Redistribution, Rent-seeking, Rentier, Reverse socialism, self-issued currency, Wage slavery, Wages | Tagged banking, central banking, China, credit, dollars, Federal Reserve, fiat currency, fractional reserve banking, salt currency, self-issued currency, Washington's Blog | 2 Comments

WHY NOT EMBRACE WORTHLESS CURRENCY?

Posted on March 10, 2015 by eggsistense

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 | Leave a comment

WHY WE ARE WAGE SLAVES: THE CIRCULAR LOGIC EXPLAINED

Posted on March 6, 2015 by eggsistense

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 | 2 Comments

ANALYST ON BANK OF AMERICA: “Cesspools like BAC need to be completely drained”

Posted on February 12, 2015 by eggsistense

Wow! David Stockman pulls zero punches in this excellent rant (“Shoot Bank Of America Now—-The Case For Super Glass-Steagall Is Overwhelming,” Contra Corner, Feb. 11, 2015) on how a company like Bank of America in any legitimate legal context … Continue reading →

Posted in Bank of America, Crap-italism, Debt, Everything Is Rigged, Federal Reserve, fiat currency, Redistribution, Rent-seeking, Reverse socialism, Securitization Fail, Too big to fail, Wealth transfer | Tagged austerity, BAC, BANA, Bank of America, BOA, Brian Moynihan, cesspool, David Stockman, debt, Gail Tverberg, Mark Blyth, Paul Krugman, peak debt, Salon.com, TBTF, Zero Hedge | Leave a comment

STRIKE! WALMART OVERDUE FOR A COMEUPPANCE

Posted on November 15, 2014 by eggsistense

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 | Leave a comment

WAKE UP AMERICA—YOU HAVE BEEN SCAMMED! (GUEST POST)

Posted on November 12, 2014 by eggsistense

A first for LRM—a guest post, and it’s from the great Shelley Erickson! For the most part, the formatting and highlighting herein is the same as it appeared when Shelley sent this to me at the end of last year. … Continue reading →

Posted in Bank of America, Conspiracy, Debt, Endorsement, Everything Is Rigged, Fannie Mae, Foreclosure, Foreclosure fraud, Judicial Misconduct, Living Lies, MERS, Secondary debt market, Securities, Securitization Fail, Too big to fail, Washington, Wells Fargo | Tagged 4closurefraud.org, allonge, assignment, Bank of America, Chase, Claire Swagey, Countrywide, deadbeat, Deadly Clear, default, deposition, deregulation, Deutsche Bank, Fannie Mae, Foreclosure Defense Nationwide, Foreclosure Hamlet, Freddie Mac, GAAP, Glass-Steagall Act, HAMP, involuntary servitude, Jeff Barnes, Jeff Stenman, JPM, Kemp v. Countrywide, Lawrence Nardi, Living Lies, Lorraine Brown, LPS, Lynn Szymoniak, Matt Weidner, MERS, modification, Northwest Trustee Services, Ocwen, Ponzi, Promontory, Recontrust, Richard Roman, scam, securitization, Shelley Erickson, stopforeclosurefraud.com, WAMU, Washington, Wells Fargo | 2 Comments

THE ABSURDITY OF DEBT AND OF NOT CANCELLING IT

Posted on October 21, 2014 by eggsistense

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 | 1 Comment

43 YEARS OF FAKE MONEY: MUST-WATCH VIDEO

Posted on August 18, 2014 by eggsistense

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 Bretton Woods, FDR, Federal Reserve, fiat currency, GIABO, gold confiscation, hyperinflation, Nixon Shock, Peak Prosperity | Leave a comment

DOES MONEY EXIST?

Posted on July 28, 2014 by eggsistense

To answer the question in the headline–money exists as much as anything else that is completely made up out of nothing… Indeed, check out the above video from Time Magazine’s website. What Time’s Justin Fox tells us at approximately 1:47 … Continue reading →

Posted in Debt, Debt Slavery, Federal Reserve, fiat currency, Nixon Shock, self-issued currency | Tagged Bank of England, banks, Federal Reserve, fiat currency, Justin Fox, money, Monopoly, New Zealand, Santa Claus, self-issued currency, Time Magazine | Leave a comment

DETROIT: GOT A WRENCH? TURN YOUR WATER BACK ON

Posted on July 1, 2014 by eggsistense

By now, everyone has heard the appalling story about water shutoffs in Detroit: Residents of Detroit, Michigan who are $150 or two months past-due on their water bills are having their water shut off by the bankrupt city. Now, even … Continue reading →

Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Feudalism, Financial Terrorism, racism, Rent-seeking | Tagged Detroit, jackhammer, monkey wrench, Paulo Coelho, revolution, valve, water is free, water main, water meter | 8 Comments