Category Archives: Everything Is Rigged
“GOTCHA” IS FOR LITTLE PEOPLE, NOT FOR BILLIONAIRES
“Gotcha”: If YOU break a securities law, you’ll be thrown under the jail. If a private equity firm breaks securities laws, the SEC will just look the other way and offer lame excuses as to why they looked the other … Continue reading
THE HOLY FATHER IS RIGHT ON THE MONEY ABOUT “REDISTRIBUTION”
The headline of almost every news story about the Pope’s speech to the United Nations went with, in one form or another, the idea that the Pope wants redistribution of wealth from the rich to the poor, even though this … Continue reading
BANK OF AMERICA’S $4 BILLION “ACCOUNTING ERROR”
Saw the story of Bank of America’s “accounting error” a few days ago and muttered something to myself about how they’ll just get away with this accounting fraud just like they’re getting away with the foreclosure fraud. After all, it’s … Continue reading
NOT NEGATIVE, JUST TRUE: “EXPENSES SOAR, WAGES STALL”
A few days ago, the website of The Washington Post ran a story with this headline–“Happy Days No More: Middle-class families squeezed as expenses soar, wages stall.” No shit, Sherlock. The article tells us the following: “Wages for millions of … Continue reading
MAY DAY 2014: WORKING MEN SHOULD BE PISSED
So it’s International Worker’s Day…to paraphrase D. Boon from the video above, I’ll put it in simple words why working men (and women) are (or should be) pissed… 1. Banks got bailed out by workers while banks continue to prey … Continue reading
BANKS ARE A THREAT TO SOCIETY, NOT MARY MCCULLEY
This is unbelievable. Absurd. Kafkaesque. Mary McCulley was sent to jail yesterday because supposedly she is a “public risk” and doesn’t “respect the law”: “BUTTE – A federal judge chose to give a Kentucky woman a longer prison sentence than … Continue reading
FORGET HEARINGS, JAIL BANKERS
Indeed, these will be hearings (if and when they happen) on financial faux pas, not financial terrorism–and the second kind is the kind we need… Having new hearings on the Independent Foreclosure Review–which was abruptly ended by a settlement in … Continue reading
“IT’S ALL A FUGAZI”: MOVIE TELLS IT STRAIGHT UP
“It” being the stock market, stocks, money, everything, as Matthew McConaughey’s coked-up stockbroker explains in the above scene from “Wolf of Wall Street.” The important point about it all? “It’s not fucking real,” as McConaughey’s character points out. In other … Continue reading