Category Archives: QE unlimited

“Secret Shame” of Middle Class vs. Shamelessness of Banks

, While there is certainly much to appreciate in “The Secret Shame of the Middle-Class,” Neal Gabler’s recent article in The Atlantic, I still felt that it ultimately acts as an indictment of, rather than a gesture of solidarity with, … Continue reading

Posted in Crap-italism, Everything Is Rigged, Federal Reserve, Financial Terrorism, Foreclosure fraud, QE unlimited, Securitization Fail, Too big to fail | Tagged , , , , , , , , , , | 2 Comments

The great word game of banking explained: reclassifying “loans” as “deposits”

The other day, I ran across another stellar article about money creation at Washington’s Blog. The article, titled “A Loophole Allows Banks – But Not Other Companies – to Create Money Out of Thin Air” contains excerpts from a 2014 … Continue reading

Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Feudalism, fiat currency, Paper terrorism, QE unlimited, Too big to fail, Wealth transfer | 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

May Day 2015: 5 Reasons Working People Are Pissed…

A repost from last year…ain’t a damn thing changed, so I just changed the year, changed the title a little, but other than that—it’s exactly the same.  Nothing changes on New Year’s Day.  How long must we sing this song?  … Continue reading

Posted in class war, Crap-italism, Debt Slavery, Everything Is Rigged, Feudalism, fiat currency, Financial Terrorism, Foreclosure, Foreclosure fraud, Keiser Report, Paper terrorism, Police State, QE unlimited, Redistribution, Wage slavery | Tagged , , , , , , , , , , , , , , , , | 1 Comment

Master Narrative Rewrite: Herman Shorts and C.H. Smith

Where do most people get their ideas about “the way things ought to be?”  How is it that people can enthusiastically and vehemently support entities and policies that act in ways that are objectively contrary ways to the interests of … Continue reading

Posted in civil rights, Conspiracy, Everything Is Rigged, freedom, Police State, QE unlimited, Redistribution, Rent-seeking, Reverse socialism, Too big to fail, Wage slavery, Wealth transfer, ZIRP | Tagged , , , , , , , , , | Leave a comment

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 , , , , , , , , , , , , , , | 7 Comments

PT. 2: NO ENDORSEMENT, NO NEGOTIATION–NO NEGOTIATION, NO SECURITIZATION

Revisiting a great Neil Garfield article today on the subject of “ta-da” endorsements and the Wells Fargo manual (posted an excerpt of this article in my last post, which got me to reading over it again).  He had this to … Continue reading

Posted in Bank of America, Conspiracy, Crap-italism, Debt Slavery, Everything Is Rigged, Fannie Mae, Financial Terrorism, Foreclosure fraud, Kangaroo court, Living Lies, MERS, Paper terrorism, QE unlimited, Securitization Fail, Wells Fargo | Tagged , , , , , , , , , , , , , , , | 3 Comments

NO ENDORSEMENT, NO NEGOTIATION–NO NEGOTIATION, NO SECURITIZATION

Incredible story making the rounds the last few days about a rather high percentage of unendorsed notes being offered by the Bank of New York in foreclosure/bankruptcy cases.  As high as 79%.  That’s more than three quarters of the notes … Continue reading

Posted in Bank of America, Debt, Everything Is Rigged, Fannie Mae, fiat currency, Foreclosure, Foreclosure fraud, Living Lies, MERS, QE unlimited, Redistribution, Securitization Fail, Wells Fargo | Tagged , , , , , , , , , , , , , , , , | 4 Comments

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