Category Archives: Redistribution
AMERICAN EXCEPTIONALISM–EXCEPTIONALLY TOLERANT OF FRAUD
http://www.youtube.com/watch?v=-uT4GAFIyCI So this story appeared in my Facebook feed this morning–“Another Banker Dead: IRAN Executes Rothschild Billionaire On $2.6 Billion Bank Fraud ~ Used Fraudulent Funds To Implement Agenda 21 In Buying State Property.” So I check it out with … Continue reading
Posted in Conspiracy, Crap-italism, Everything Is Rigged, Feudalism, Financial Terrorism, Iran, Mary McCulley, Paper terrorism, Police State, Price-fixing, Redistribution, Securities, Wealth transfer
Tagged bank fraud, BBC, Bernie Madoff, death penalty, execution, fraud, healthcare, Iran, Mansour Aria, Mary McCulley, price-gouging, The Independent, Vietnam
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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 Abigail Field, bailout, Bank of America, Bank of New York, Countrywide, endorsement, Kemp v. Countrywide, Laurie Meder, Linda DeMartini, Linda Tirelli, Michele Sjolander, motion in limine, QE, robo-stamped, ta-da endorsement, THe Housing Justice Foundation, Wells Fargo
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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 bailout, BLS, Bureau of Labor Statistics, debt slavery, Everything Is Rigged, fascism, Federal Reserve, fiat currency, fraud, Goodwill, inflation, Jif, joe2, nominal wages, Prison Planet, real wages, S&P 500, StockCharts.com, Zero Hedge
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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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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
Posted in Asset Bubble, Crap-italism, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Foreclosure fraud, QE unlimited, Redistribution, Too big to fail
Tagged Alan Greenspan, artificial scarcity, Jon Stewart, money out of nothing, Neel Kashkari, The Daily Show, Timothy Geithner, unicorns
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THE HOLY FATHER IS RIGHT ON THE MONEY ABOUT “REDISTRIBUTION”
The headline of almost every news story about the Pope’s speech to the United Nations went with, in one form or another, the idea that the Pope wants redistribution of wealth from the rich to the poor, even though this … 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
Posted in Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Foreclosure fraud, Keiser Report, Living Lies, minimum wage, QE unlimited, Redistribution, Rentier, Reverse socialism, Tax, Wage slavery, Wages, Wealth transfer
Tagged D. Boon, food stamps, foreclosure fraud, International Worker's Day, labor, May Day, middle class, Minutemen, money out of thin air, QE, quantitative easing, taxes, The Economist, wages, Washington Post, workers, working poor
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DEBT BY DESIGN: “IT’S IMPOSSIBLE TO WORK YOUR WAY THROUGH COLLEGE NOW…”
And that’s the point of all these bubbles, and QE, and ZIRP, and inflation– it forces you to finance what you could once buy outright through working. This is the true end game of the “Nixon Shock,” petrodollar, credit bubbles, etc. … Continue reading
Posted in "supply and demand", Debt, Debt Slavery, fiat currency, Financial Terrorism, petrodollar, Redistribution, Rent-seeking, Rentier, Wages, Wealth transfer
Tagged 1971, bubble, college, financialization, Michigan State, minimum wage, Nixon Shock, rent-seeking, student loans, work
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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 Bank of England, Black Knight, credit score, David Graeber, DocX, fictional money, foreclosure fraud, LPS, mortgage origination, underemployment, unemployment, Zero Hedge
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WAKE UP: “ENTIRE STATUS QUO IS RIGGED”
Charles Hugh Smith gets it exactly right in this excerpt below. The emperor is naked, and you can see it with your own eyes, if only you will open them and wake up! Smith’s commentary: The stock market is only … Continue reading
Posted in Asset Bubble, Conspiracy, Debt Slavery, Everything Is Rigged, Federal Reserve, Financial Terrorism, Foreclosure fraud, Paper terrorism, Price-fixing, Redistribution, Wage slavery, War Is A Racket, Wealth transfer, ZIRP
Tagged emperor's new clothes, endogenous money, Everything Is Rigged, Federal Reserve, foreclosure fraud, hft, status quo, student loans, ZIRP
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