Category Archives: Financial Terrorism
THE ABSURDITY OF DEBT AND OF NOT CANCELLING IT
Salon has been on fire with truth lately, this article on student debt being no exception. From the article, we find out the following very interesting nugget: The total national student loan debt is more than $1.2 trillion, the bulk … Continue reading
Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, Financial Terrorism, Redistribution, Rentier, Reverse socialism, Wealth transfer
Tagged Consumer Financial Protection Bureau, economy, Forbes, indentured servitude, involuntary servitude, money out of thin air, salon, student debt, The Capitalist Tool, U.S. National Debt Clock
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BANKS PUT ALL RISK ON US, THEN TAKE ALL THE REWARD AND PRETEND THAT IS CAPITALISM
We all know that all fiat money, such as the U.S. dollar, is created out of thin air not by banks but by the people and only has value because said people ultimately have “faith” in it. This is uncontroversial … Continue reading
Posted in Conspiracy, Crap-italism, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Financialization, Redistribution, Reverse socialism, self-issued currency, Too big to fail, Wealth transfer
Tagged bailout, Bank of England, fiat currency, fiat money, Kevin Evans, lender, money is fictional, money out of thin air, Northern Rock, ProPublica, reward, risk, self-issued currency, The Air Standard, The Telegraph, U.S. dollar
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JUDGES: DUPES OR IN ON IT?– PART 2
You may remember the LRM story from March of this year which asked the question—in the context of mortgage foreclosures—“Judges: Dupes or in on it?” From that article: “Judges have to know what’s going on. They read the news. They’re … Continue reading
Posted in Conspiracy, Crap-italism, Everything Is Rigged, Financial Terrorism, Keiser Report, Price-fixing, Rent-seeking
Tagged Adam Smith, Attorney General Richard Olney, collusion, conspiracy, crony capitalism, dupes, fascism, George Pullman, Goldman Sachs, Henry Bath, invisible hand, JP Morgan Chase, Judge Katherine Forrest, judges, Keiser Report, Max Keiser, price discovery, price-fixing, Pullman Strike, Stacy Herbert
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RED ALERT—EVICTION OF MICHIGAN FORECLOSURE FIGHTER SET FOR TOMORROW, PEACEFUL PROTEST PLANNED
You may remember reading the story of KathyJo Enders Torrenga and her family here on the site. They are scheduled to be evicted from their Muskegon, Michigan home tomorrow morning. This is happening despite the fact that the Torrengas have … Continue reading
COUNTRYWIDE FALLOUT: MOZILO AGAIN FACING FEDERAL CHARGES?
By now, we’ve all learned not to get our hopes up when the government sues the banks, but still, it’s nice to see it happen, especially when it happens twice, as is happening to Countrywide’s founder and California raisin poster … Continue reading
Posted in Bank of America, Crap-italism, Fannie Mae, Financial Terrorism, Securitization Fail
Tagged Angelo Mozilo, Countrywide, FIRREA, lawsuit
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43 YEARS OF FAKE MONEY: MUST-WATCH VIDEO
Finally broke down and watched one of the videos I had been hearing about on the Peak Prosperity website. This video was the 9th in a series of 27 and was appropriately posted last Friday, August 15, the 43rd anniversary of … Continue reading
Posted in Asset Bubble, Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, fiat currency, Financial Terrorism, Financialization, Foreclosure fraud, Keiser Report, Nixon Shock, Redistribution, Rent-seeking, Reverse socialism, Wage slavery, Wealth transfer
Tagged Bretton Woods, FDR, Federal Reserve, fiat currency, GIABO, gold confiscation, hyperinflation, Nixon Shock, Peak Prosperity
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FORECLOSURE FRAUD BUSINESS MODEL HAS GONE INTERNATIONAL
This Paul Singer (the rentier of rentiers) vs. Argentina story has all the elements familiar to homeowners facing foreclosure across the U.S.: 1) Giant corporation (i.e., Paul Singer’s hedge fund) trying to enforce questionable debt 2) Judges favoring giant corporation … Continue reading
UPDATE: HOMEOWNER VICTORY IN MICHIGAN
A couple days late with this update, but it’s such great news, I gotta share anyway! If you read the story “All Hands On Deck: Fighter Served Eviction Papers” from Tuesday, you know that Michigan homeowner KathyJo Torrenga faced eviction … Continue reading
LIBERTY ROAD MEDIA 