Category Archives: Financialization

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

Posted in Conspiracy, Debt Slavery, Everything Is Rigged, Financialization, Securities, self-issued currency, Wells Fargo | Tagged , , , , , | 1 Comment

Wall Street Wanted Homeowners To Default And MIHOP

Great article from Neil Garfield today–How Servicers Engineer Defaults Using the Escrow Accounts, Forced Placed Insurance and False Projections— about how the Wall Street wolves got their defaults to trigger the big payoff from the CDS: manipulate escrow accounts.  Exactly … Continue reading

Posted in Financialization, Foreclosure, Foreclosure fraud, Redistribution | Tagged , , , , , , , , , | 1 Comment

Wonder why no American elites mentioned in the reporting on “The Panama Papers?” Truthdig explains.

My thoughts exactly in a great new Truthdig article–the Panama Papers are great and all, but where the hell are the Americans mentioned? We’re expected to believe that Americans have clean hands in all this? Is that a joke? No … Continue reading

Posted in Absurdity Today, Crap-italism, Everything Is Rigged, Financialization, Tax | Tagged , , , , , , , | Leave a comment

Bailout vs. Bernie: Which is more “socialist?”

Oh, the smugness that doth flow from those who fancy themselves to be cold realists, allegedly harboring nary a scintilla of fantasy about the way the world doth “really work”—a way which these smug folk unfailingly describe with a single, … Continue reading

Posted in Crap-italism, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Financialization, QE unlimited, Redistribution, Rent-seeking, Reverse socialism | Tagged , , , , , , , , , , , , | Leave a comment

Quantum Theory of Fake Money and Fraud: “The black hole of debt is starting to warp the financial universe”

Professor Max “Planck” Keiser again breaks down for us what is really going on in Episode 827 of the Keiser Report.  Professor Stacy “Einstein” Herbert tells us that in the past few episodes, she and Max had been talking about … Continue reading

Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, fiat currency, Financial Terrorism, Financialization, Foreclosure, Keiser Report, petrodollar, QE unlimited, Rent-seeking, Too big to fail, Wealth transfer, World War III | Tagged , , , , , , | Leave a comment

How the rich got richer and continue to do so: evading risk.

On the most recent episode of the Keiser Report, Max and Stacy open the show with a discussion of the chart below, which shows that the top 1 percent of the world’s population owns half of the world’s wealth, and … Continue reading

Posted in Crap-italism, Debt, Everything Is Rigged, Financial Terrorism, Financialization, Reverse socialism, Wealth transfer | Tagged , , , , , , , , , , , , | Leave a comment

R. Crumb also hates banks! “2008 was the biggest robbery in history…”

I’ve been an R. Crumb fan for years, and these comments of his about the ongoing ripoff of society by the banks–from a new article in the New York Observer–only deepen my admiration for him: “…The documentary The Sorrow and … Continue reading

Posted in Everything Is Rigged, Financial Terrorism, Financialization, history, Too big to fail | Tagged , , , , , , , , | Leave a comment

Where is the money gonna come from to pay for all that “free stuff?” From thin air, of course—time to accept the truth.

NOTE: This is not an article about, or necessarily in support of Bernie Sanders.  Please don’t read it that way.  He is just emblematic of the larger point being made herein and therefore has to be referred to multiple times… … Continue reading

Posted in Crap-italism, Federal Reserve, fiat currency, Financialization, Wages | Tagged , , , , , , , , , , , , , | Leave a comment

“Why Have Any Laws?” Good question with a surprising answer.

That’s actually a good question from Mr. Mandvi in the above meme: “Why have any law?”  Of course, he’s talking about gun laws. But it’s far more important to ask that question about matters other than gun regulations.  What about … Continue reading

Posted in Conspiracy, Crap-italism, Everything Is Rigged, Financial Terrorism, Financialization, Foreclosure, Foreclosure fraud, Judicial Misconduct, Mary McCulley, Price-fixing, Terrorism, Too big to fail, Tyranny, US Bank | Tagged , , , , , , , , , , , , , , , | 2 Comments

Why Is All Money Ultimately Fake? Economist Steve Keen Explains. Time to Break Your Conditioning.

In a post-Oxi appearance on the Keiser Report (episode #780), noted economist Steve Keen spoke about the Greek economic situation specifically, then about the nature of debt generally, and in so doing perfectly encapsulated what I recently have been chastised … Continue reading

Posted in Conspiracy, Crap-italism, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Financialization, Keiser Report, Nixon Shock, Rentier, Reverse socialism, self-issued currency, Tyranny, Wage slavery, Wealth transfer | Tagged , , , , , , , , , , , , , , | Leave a comment