Category Archives: Everything Is Rigged
Capitalism–or “Bank-ism?”
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
5 Ways to Fix The Economy For The Better: Richard Wolff Interview
This interview is instantly my favorite thing Lionel has ever done. He interviews the brilliant economist Richard Wolff, and from the get-go, it’s a tour de force of common sense obliterating tired, hackneyed, jingoistic propaganda that somehow just won’t die … Continue reading
First Look: New Linda Tirelli Suit Against Bank of America
Attorney Linda Tirelli, a rockstar in the arena of foreclosure defense, has just filed an adversarial bankruptcy suit in the Southern District of New York naming the following as defendants: Bank of America, Nationstar, U.S. Bank, and Recontrust. As many … Continue reading
Wells Fargo Beatdown over endorsements that are not “genuine”
Here at LRM, I have written a lot about the importance of endorsements on promissory notes, specifically what has come to be known as a “ta-da” endorsement, which is roughly defined thusly: “…endorsements that magically turn up on promissory notes … Continue reading
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
The Constitution: Toilet Paper or Treasure?
Since Orlando, there has been a lot of talk about doing away with the Second Amendment, for example: here and here. A Facebook commenter put it this way: “And I don’t give a damn about the Second Amendment, and I … Continue reading