Category Archives: QE unlimited
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
UNICORNS ARE REAL–IF YOU’RE A BANK
And if you’re not a bank, then…no unicorns, only trolls. But really, it’s amazing the extent to which human society continues to run on myth, as one can see during the extended interview of Timothy Geithner by Jon Stewart, and … Continue reading
MAY DAY 2014: WORKING MEN SHOULD BE PISSED
So it’s International Worker’s Day…to paraphrase D. Boon from the video above, I’ll put it in simple words why working men (and women) are (or should be) pissed… 1. Banks got bailed out by workers while banks continue to prey … Continue reading
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
WAR IS A RACKET TO PROP UP DOLLAR–END OF STORY
War is a racket. Money is fictional. These two statements explain all wars, of course, but particularly the adventures of the western powers in the Middle East in the last 2+ decades. The first statement was spoken by Maj. Gen. … Continue reading
FINES AREN’T FINE: JP MORGAN CHASE AND QE
So JP Morgan Chase is being fined again for essentially colluding with Bernie Madoff. Ho hum–big deal. Well, for them anyway. Because even though the latest $2 billion fine–according to Marketplace–“brings the grand total of fines JPM has paid in … Continue reading
THE FED HAS FAILED: 100 YEARS OF THE FEDERAL RESERVE
The Federal Reserve Act was passed on December 23, 1913. It was supposed to prevent bank panics, like the Panic of 1907. It was supposed to keep inflation and unemployment down. It was supposed to stabilize the system. That’s how … Continue reading
HEDGE FUND MANAGER SOUNDS JUST LIKE THE POPE!
PolicyMic posted an article with the following headline: “Pope Francis Denounces Capitalism, But Is He Right?” Short answer: absolutely (dude is infallible, after all)–especially since renowned hedge fund manager Stanley Druckenmiller essentially agrees with the Pope, as we shall see … Continue reading