Category Archives: Financialization
WHY WE ARE WAGE SLAVES: THE CIRCULAR LOGIC EXPLAINED
Extremely eye-opening discussion with economist L. Randall Wray about, among other things, how money is ultimately valuable only as payment for taxes, which is how labor is compelled and the government controls the populace. If you want to check it … Continue reading
Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Feudalism, Financialization, history, Keiser Report, Redistribution, self-issued currency, Tax, Wage slavery
Tagged Africa, banks, Britain, colonialism, currency, From Alpha To Omega, L. Randall Wray, MMT, Modern Monetary Theory, podcast, self-issued currency, UK, US, wage slavery
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THE “MERS-LPS RACKETEERING ENTERPRISE”: HARKEY V. US BANK ET AL.
A complaint filed on January 20, 2015 in U.S. District Court for Nevada—Michael Harkey v. U.S. Bank et al. (Case No. 2:14-cv-00177-RFB-GWF)–really breaks down exactly what the scam of MERS is, and it does so with a level of clarity … Continue reading
Posted in Crap-italism, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Financialization, Foreclosure, Foreclosure fraud, MERS, Paper terrorism, Redistribution, Rentier, Securitization Fail, US Bank
Tagged bankruptcy remote, common agent, credit default swaps, Credit Suisse, Harkey v. US Bank et al., invisibility cloak, LIBOR, LPS, MERS, MERS III, MERSCORP, Michael Harkey, Nevada, QE, racketeering, TARP
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STRIKE! WALMART OVERDUE FOR A COMEUPPANCE
I posted the above meme on Facebook, which elicited the following response from a dear and longtime friend (in the physical world) of mine: Dumb bullshit. Walmart workers are responsible for themselves. It is their own decisions that put them … Continue reading
Posted in California, Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Financialization, freedom, minimum wage, Price-fixing, Redistribution, Wage slavery, Wages
Tagged Container Store, CVS, education, Facebook, food assistance, food pantry, Gerald Celente, military, mom and pop, pilots, poverty, skill, strike, student debt, student loans, wages, Walgeens, working poor
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THAT AIN’T RAIN, IT’S PISS: THE SHIBBOLETH OF CAPITALISM
An old saw about deceit and chicanery: “Don’t piss on my boots and tell me it’s raining.” The phrase has even made it into at least one song (with the great John Prine singing a verse)… https://www.youtube.com/watch?v=Z07gCnMJBZg In other words, … Continue reading
THE END OF CHEAP LABOR AND CHEAP CREDIT—WHAT NEXT?
So I agree with the overall premise of this David Stockman article: cheap labor in the East allowed cheap credit to proliferate in the West: “It was the two-decades-long flow of quasi-slave labor into the export factories of east China … Continue reading
Posted in Crap-italism, Debt Slavery, Everything Is Rigged, Feudalism, fiat currency, Financialization, freedom, Rent-seeking, Rentier, self-issued currency, Wage slavery, Wealth transfer
Tagged China, credit, David Icke, David Stockman, DNA, economy, FoxConn, labor force participation rate, self-issued currency cheap labor, strike, The Air Standard
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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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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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HOW FAKE MONEY BECAME LEGAL MONEY: THE AFFIRMATION OF THE NIXON SHOCK
Forty-three years ago today in what is now not-so-commonly known as the “Nixon Shock”, Richard Nixon ended the Bretton Woods system by ending the convertibility of Federal Reserve Notes to gold, thereby putting the United States—and the world—on the road … Continue reading
Posted in Bank of America, California, civil rights, class war, Conspiracy, Crap-italism, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, fiat currency, Financialization, Kangaroo court, Nixon Shock, Redistribution, Rent-seeking, Reverse socialism, Wage slavery, Washington, Wealth transfer
Tagged Bank of America, Bretton Woods, Brown v. Board of Education, fake money, Federal Reserve, H.L. Perry, Larry Becraft, Mae Brussell, Milam v. U.S., Ninth Circuit, Nixon Shock, Plessy v. Ferguson, Richard Nixon, The Realist
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TAKING DOWN THE BANKS, $10 AT A TIME
If ten bucks could help take down the bank you despise the most, would you pay it? In order to do just that, a family in Washington state has started a crowdfunding campaign over at Kickstarter called “Beating Bank of … Continue reading
LIBERTY ROAD MEDIA 