Category Archives: Financialization
MERS: THE INVISIBILITY CLOAK OF THE BANKSTERS
Yes, the banks don’t want you to see what they’re doing–or not doing, as the case may be. Specifically, they don’t want you to see that they have separated your note from your deed of trust/mortgage. In my opinion (and … Continue reading
Posted in Asset Bubble, class war, Conspiracy, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, fiat currency, Financialization, Foreclosure fraud, Living Lies, MERS, QE unlimited, Redistribution, Reverse socialism, Securities, Securitization Fail, Wealth transfer
Tagged assignment, bailout, Bastille Day, feudalism, French Revolution, invisibility cloak, Living Lies, MERS, opaque, QE, quantitative easing, rehypothecation, Rush, transparency, Wisconsin
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PART 2: WHAT “RECOVERY”? WHO CAN AFFORD ANYTHING?
Who can afford anything? Not many people, it seems. As noted in yesterday’s post, half of America cannot afford the house they are “buying,” while at the same time rents are skyrocketing, with the number of people who pay half … Continue reading
Posted in "supply and demand", class war, Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, fiat currency, Financial Terrorism, Financialization, Paper terrorism, Price, Price-fixing, QE unlimited, Redistribution, Reverse socialism, Too big to fail, Wage slavery, Wages, Wealth transfer
Tagged bailout, BLS, debt slavery, Everything Is Rigged, Federal Reserve, fiat currency, foodstuffs, inflation, promissory note, QE, The Economist, wage slavery, Zero Hedge
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WHAT “RECOVERY?” WHO CAN AFFORD ANYTHING?
Scene: a typical American coffee shop. We see two casually-dressed friends sitting at a table, talking quietly and drinking a cup of joe. We notice one has a “grande” while the other has a “tall.” Suddenly we hear loud guffawing … Continue reading
Posted in Asset Bubble, Bank of America, Crap-italism, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Financialization, Price, Price-fixing, Rent-seeking, Rentier, Wage slavery, Wages
Tagged can't afford house, coffee, grande, HELOC, Justice League Task Force, landlord, money is fictional, money out of thin air, prices, rent, Rentier, salary, second job, tall, third job, venti, wages
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INSTEAD OF BANNING CASH, GO TO SELF-ISSUED CURRENCY
Apparently Kenneth Rogoff doesn’t think the banks and their kept governments have enough ways to screw us all over, so he is proposing a ban on cash: “Has the time come to consider phasing out anonymous paper currency, starting with … Continue reading
Posted in Asset Bubble, Conspiracy, Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Financialization, Nixon Shock, QE unlimited, self-issued currency, Wages, Wealth transfer
Tagged Bank of England, cash, cashless society, debt, debt slavery, endogenous money, Federal Reserve, Financial Times, Harvard, inflation, Kenneth Rogoff, money is fictional, pre-existing money, promissory note, reserves, self-issued currency
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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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LIBERTY ROAD MEDIA 