Category Archives: fiat currency
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
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
Posted in Asset Bubble, class war, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, fiat currency, Financialization, Nixon Shock, self-issued currency, stock market, Wage slavery, Wages, Wealth transfer
Tagged 000 Years, 1971, 1987, Bank of England, Black Monday, Charles Hugh Smith, David Graeber, debt, Debt: The First 5, financialization, Happy Days, inflation, median household income, middle class, Nixon Shock, Of Two Minds, Ronald Reagan, S&L Crisis, self-issued currency, The Air Standard, Washington Post
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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
Posted in Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Foreclosure fraud, Keiser Report, Living Lies, minimum wage, QE unlimited, Redistribution, Rentier, Reverse socialism, Tax, Wage slavery, Wages, Wealth transfer
Tagged D. Boon, food stamps, foreclosure fraud, International Worker's Day, labor, May Day, middle class, Minutemen, money out of thin air, QE, quantitative easing, taxes, The Economist, wages, Washington Post, workers, working poor
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DEBT BY DESIGN: “IT’S IMPOSSIBLE TO WORK YOUR WAY THROUGH COLLEGE NOW…”
And that’s the point of all these bubbles, and QE, and ZIRP, and inflation– it forces you to finance what you could once buy outright through working. This is the true end game of the “Nixon Shock,” petrodollar, credit bubbles, etc. … Continue reading
Posted in "supply and demand", Debt, Debt Slavery, fiat currency, Financial Terrorism, petrodollar, Redistribution, Rent-seeking, Rentier, Wages, Wealth transfer
Tagged 1971, bubble, college, financialization, Michigan State, minimum wage, Nixon Shock, rent-seeking, student loans, work
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THE SOLUTION: SINCE THE MONEY ISN’T REAL, THE DEBT ISN’T EITHER
Very interesting commentary from David Graeber (Occupy movement leader and author of “Debt: The First 5,000 Years“) on the Bank of England’s recent admission that money is created out of thin air. Graeber sounds as excited as me in describing … Continue reading
Posted in Conspiracy, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Foreclosure fraud, Wage slavery, Wealth transfer
Tagged 000 Years, Bank of England, banks, David Graeber, debt, Debt: The First 5, deposits. financial crisis, foreclosure fraud, money, Occupy, Occupy Wall Street
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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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IS EVERYTHING REALLY RIGGED? LIKE, EVERYTHING? UNFORTUNATELY, YES…
But don’t take my word for it that everything is a hoax, an illusion. Read this litany from Paul Craig Roberts, former Assistant Treasury Secretary under Reagan, former Wall Street Journal editor, etc.: “As I write I cannot think of … Continue reading
Posted in Asset Bubble, Conspiracy, Debt Slavery, Everything Is Rigged, fiat currency, Financial Terrorism, history, Iran, Middle East, Police State, Uncategorized, Wealth transfer
Tagged Assad, Citizens United, Crimea, GDP, Iran, matrix, McCutcheon v. FEC, Paul Craig Roberts, Putin, Saddam Hussein
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LIBERTY ROAD MEDIA 