Category Archives: Debt
TAXES DO NOT FUND THE GOVERNMENT OR SERVICES…
Just a reminder on this lovely tax day that in 1984, the report of the Grace Commission made this statement: “With two thirds of everyone’s personal income taxes wasted or not collected, 100 percent of what is collected is absorbed … Continue reading
Posted in Debt, Everything Is Rigged, fiat currency, Tax
Tagged April 15, Everything Is Rigged, Grace Commission, IRS, taxation
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THE WAY THINGS REALLY WORK: SWAPS AND SYRIA
https://www.youtube.com/watch?v=PS5DOg-_XXE A couple of interesting stories read over the weekend about how–not to beat a dead horse (because this horse is very much alive)–everything is rigged, from the “economy” to war. First a great one from Ellen Brown regarding interest-rate … Continue reading
Posted in Asset Bubble, Conspiracy, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Foreclosure fraud, Keiser Report, Price-fixing, Wealth transfer
Tagged Ellen Brown, Empire Burlesque, false flag, financial fraud, Financial Terrorism, interest, interest rate swaps, Iraq, LIBOR, Max Keiser, Riverside County, sarin, Seymour Hersh, Sifma
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PEOPLE CATCHING ON TO BANK FRAUD–OR JUST BROKE?
Black Knight (formerly LPS, the peddlers of fraudulent mortgage documents) reveals that according to its calculations, mortgage originations are at their lowest level ever. Here’s the Zero Hedge summary of the data: New mortgage originations fell over 23% month-over-month and … Continue reading
Posted in Asset Bubble, Conspiracy, Debt, Debt Slavery, Everything Is Rigged, fiat currency, Financial Terrorism, Foreclosure fraud, Price, Redistribution, Reverse socialism, self-issued currency
Tagged Bank of England, Black Knight, credit score, David Graeber, DocX, fictional money, foreclosure fraud, LPS, mortgage origination, underemployment, unemployment, Zero Hedge
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HOW MORTGAGE SERVICERS ARE LIKE A STARBUCKS DRIVE-THRU
Neil Garfield writes again on the topic of “servicer advances” today, explaining in a nutshell what they are: “[Servicer advances] fall into the category of payments made to the creditor-investors, which means that the creditor on the original loan, or … Continue reading
BANK SAYS: IF YOU BELIEVE BANKS LEND DEPOSITS, YOU ARE WRONG
This is NOT an April Fool’s prank. Indeed, the Bank of England wants you to understand that when it comes to money creation, everything you “know” is wrong (cross-posted at The Air Standard)… In its recent press release, the BoE … Continue reading
Posted in Asset Bubble, Bank of America, Conspiracy, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Foreclosure fraud, Keiser Report, Redistribution
Tagged Bank of England, Ben Bernanke, big lie, central banking, commercial bank, currency, deposits, Federal Reserve, fiat money, fictional money, James Tobin, lending, loan, Mein Kampf, mind control, money out of thin air, myth, reserves, textbooks
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BILL BUTLER: FORECLOSURE FRAUD AND SECURITIZATION IN A (VERY PRECISE) NUTSHELL
Some great articles by Bill Butler at Liberty Law, who knows a thing or two about securitization and foreclosure fraud, as he won one of the first (if not the first) lawsuits over securitization in 1996. Butler has been railroaded … Continue reading
Posted in Bank of America, Conspiracy, Debt, Everything Is Rigged, Fannie Mae, Federal Reserve, fiat currency, Financial Terrorism, Foreclosure fraud, MERS, Uncategorized
Tagged attorney, Bank of America, Bill Butler, Butler Liberty Law, Fannie Mae, fines, foreclosure fraud, quitclaim deed, suspended, Wells Fargo
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BANKS UPSET NO ONE WANTS TO SIGN A MORTGAGE WITH THEM…
…and with good reason. You can’t trust these banks! Everybody know this by now. Bank of America is concerned that mortgage applications are down: “Bank of America Merrill Lynch (BAC) analysts just emailed a research note reminding clients they feel … Continue reading
WHY DOES EVERYTHING COST SO MUCH? SCHIFF EXPLAINS
The simple answer is, of course, inflation. The powers that be are trying to convince us that inflation is a good thing, a healthy thing, as Peter Schiff notes here: “It is no accident that the concept of ‘inflation’ has … Continue reading
Posted in "supply and demand", Asset Bubble, class war, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Iran, minimum wage, Price, Price-fixing, QE unlimited, Redistribution, Uncategorized, Wage slavery, Wages, Wealth transfer, ZIRP
Tagged Federal Reserve, fictional money, inflation, Michael Hudson, minimum wage, Peter Schiff, purchasing power, QE, ZIRP
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WAR IS A RACKET TO PROP UP DOLLAR–END OF STORY
War is a racket. Money is fictional. These two statements explain all wars, of course, but particularly the adventures of the western powers in the Middle East in the last 2+ decades. The first statement was spoken by Maj. Gen. … Continue reading
Posted in Antiwar, China, Conspiracy, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, Iran, Middle East, petrodollar, QE unlimited, Russia, Uncategorized, War Is A Racket
Tagged california, China, gas prices, genocide, Iran, Middle East, petrodollar, quantitative easing, reserve currency, Russia, Smedley Butler, The Air Standard, war, War Is A Racket
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TAX TIME: PAY UP SO WE CAN CONTINUE TO TRAMPLE YOUR RIGHTS
It’s tax season! “Working for no one but me,” indeed… In the spirit of the season, Naked Capitalism has an interesting post today, titled “Whistleblower Reveals Favoritism Toward the Rich, Robo-Signing at the IRS.” Here’s an interesting excerpt regarding the … Continue reading
LIBERTY ROAD MEDIA 