Category Archives: Federal Reserve

ANTI-MINIMUM WAGE ARGUMENT DESTROYED

Posted on January 29, 2014 by eggsistense

The argument against raising the minimum wage that one encounters quite a bit on social media and forum/blog comments goes something like this: if and when minimum wage is raised, it only makes the cost of goods and services go … Continue reading →

Posted in "supply and demand", Asset Bubble, class war, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, minimum wage, Price, Price-fixing | Tagged , , , , , , , , , , | Leave a comment

FINES AREN’T FINE: JP MORGAN CHASE AND QE

Posted on January 9, 2014 by eggsistense

So JP Morgan Chase is being fined again for essentially colluding with Bernie Madoff.  Ho hum–big deal.  Well, for them anyway.  Because even though the latest $2 billion fine–according to Marketplace–“brings the grand total of fines JPM has paid in … Continue reading →

Posted in class war, Debt, Federal Reserve, QE unlimited, Reverse socialism, Too big to fail | Tagged , , , , , , , , | 2 Comments

2013 THEME: EVERYTHING IS RIGGED (AND ORWELL WAS OFF BY 29 YEARS)

Posted on December 28, 2013 by eggsistense

Matt Taibbi summed up 2013 before the year was even half over with his brilliant story “Everything Is Rigged: The Biggest Price-Fixing Scandal Ever“: “Conspiracy theorists of the world, believers in the hidden hands of the Rothschilds and the Masons … Continue reading →

Posted in Asset Bubble, Bank of America, class war, Conspiracy, Debt, Debt Slavery, Fannie Mae, Federal Reserve, Financial Terrorism, Foreclosure, Foreclosure fraud, MERS, Police State, US Bank, Washington | Tagged , , , , , , , , , , , , , , , , , , , , | 1 Comment

THE FED HAS FAILED: 100 YEARS OF THE FEDERAL RESERVE

Posted on December 23, 2013 by eggsistense

The Federal Reserve Act was passed on December 23, 1913.  It was supposed to prevent bank panics, like the Panic of 1907.  It was supposed to keep inflation and unemployment down.  It was supposed to stabilize the system.  That’s how … Continue reading →

Posted in Asset Bubble, class war, Debt Slavery, Federal Reserve, fiat currency, Financial Terrorism, QE unlimited, Redistribution, Reverse socialism, ZIRP | Tagged , , , | Leave a comment

$200 TO SETTLE $10K? OPEN THE “SECONDARY DEBT MARKET” TO THE PUBLIC AND FIX THE ECONOMY!

Posted on December 4, 2013 by eggsistense

So the Rolling Jubilee continues!  Right on!  It’s a great idea, but one wonders, why can’t we all be given the option to do this ourselves?  That is, why can’t we buy our own bad debts and thereby extinguish them?  … Continue reading →

Posted in Debt, Debt Slavery, Federal Reserve, fiat currency, Financial Terrorism, Rent-seeking, Secondary debt market, self-issued currency | Tagged , , , , , | Leave a comment

HEDGE FUND MANAGER SOUNDS JUST LIKE THE POPE!

Posted on November 29, 2013 by eggsistense

PolicyMic posted an article with the following headline: “Pope Francis Denounces Capitalism, But Is He Right?” Short answer: absolutely (dude is infallible, after all)–especially since renowned hedge fund manager Stanley Druckenmiller essentially agrees with the Pope, as we shall see … Continue reading →

Posted in Asset Bubble, Debt Slavery, Federal Reserve, Financial Terrorism, QE unlimited, Redistribution, Reverse socialism, Too big to fail | Tagged , , , , , , , , | Leave a comment