Category Archives: Price

WANT TO “BEHEAD” ISIS? GET U.S. OFF OIL ASAP

A recent Bloomberg article notes that “ISIS” is more or less a “Taliban with oil fields”: “The Islamic State, which now controls an area of Iraq and Syria larger than the U.K., may be raising more than $2 million a … Continue reading

Posted in Everything Is Rigged, Iraq, ISIS, Middle East, oil, petrodollar, Price, War Is A Racket, World War III | Tagged , , , , , , , , , , | Leave a comment

NO, IT’S NOT YOUR IMAGINATION: YOUR REAL WAGES ARE GOING DOWN

You know that cold dread that drops into the pit of your stomach when you check your balance and see that you’re down to your last few dollars and payday is still a week away?  Too much month at the … Continue reading

Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, fiat currency, Financial Terrorism, Paper terrorism, Price, Price-fixing, Redistribution, stock market, Wage slavery, Wages | Tagged , , , , , , , , , , , , , , , , , , | 1 Comment

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 , , , , , , , , , , , , | 2 Comments

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 , , , , , , , , , , , , , , , , | Leave a comment

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 , , , , , , , , , , , | 1 Comment

WHY DOES EVERYTHING COST SO MUCH? SCHIFF EXPLAINS

The simple answer is, of course, inflation. The powers that be are trying to convince us that inflation is a good thing, a healthy thing, as Peter Schiff notes here: “It is no accident that the concept of ‘inflation’ has … Continue reading

Posted in "supply and demand", Asset Bubble, class war, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Iran, minimum wage, Price, Price-fixing, QE unlimited, Redistribution, Uncategorized, Wage slavery, Wages, Wealth transfer, ZIRP | Tagged , , , , , , , , | Leave a comment

YOUR MONEY IS WORTHLESS BY DESIGN

As usual, Max Keiser’s show is always worth watching.  This time, it’s for something his guest–Simon Rose of Save Our Savers said almost offhandedly toward the end of the show (23:57 mark): “It’s like being in The Matrix.  You know, … Continue reading

Posted in Debt, Debt Slavery, Everything Is Rigged, fiat currency, Financial Terrorism, Keiser Report, Price, Price-fixing, Redistribution, Rent-seeking, Rentier, Reverse socialism, Wage slavery, Wages, Wealth transfer | Tagged , , , , , , , | 3 Comments

PRICE-RIGGING IS THE NAME OF THE GAME: TAIBBI’S LATEST

Matt Taibbi comes through again with another bombshell of a story about a little-understood provision of the 1999 Financial Services Modernization/Gramm-Leach-Bliley Act: “A tiny provision in the bill also permitted commercial banks to delve into any activity that is ‘complementary … Continue reading

Posted in Asset Bubble, Conspiracy, Debt, Debt Slavery, Everything Is Rigged, Financial Terrorism, Foreclosure, Price, Price-fixing, Rent-seeking, Rentier, Reverse socialism, Wealth transfer | Tagged , , , , , , , , , , , , , , , | 1 Comment

ANTI-MINIMUM WAGE ARGUMENT DESTROYED

The argument against raising the minimum wage that one encounters quite a bit on social media and forum/blog comments goes something like this: if and when minimum wage is raised, it only makes the cost of goods and services go … Continue reading

Posted in "supply and demand", Asset Bubble, class war, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, minimum wage, Price, Price-fixing | Tagged , , , , , , , , , , | Leave a comment

POPE: “Money must serve, not rule”

So it turns out the new Pope is just like me, but infallible! Or at least he thinks like me when it comes to money issues.  I read parts of his latest exhortation, and I was overjoyed to hear his … Continue reading

Posted in class war, Debt, Debt Slavery, fiat currency, Financial Terrorism, Price, Wages, ZIRP | Tagged , , , , , , , , , , , | Leave a comment