Category Archives: Rentier
THE “MERS-LPS RACKETEERING ENTERPRISE”: HARKEY V. US BANK ET AL.
A complaint filed on January 20, 2015 in U.S. District Court for Nevada—Michael Harkey v. U.S. Bank et al. (Case No. 2:14-cv-00177-RFB-GWF)–really breaks down exactly what the scam of MERS is, and it does so with a level of clarity … Continue reading
Posted in Crap-italism, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Financialization, Foreclosure, Foreclosure fraud, MERS, Paper terrorism, Redistribution, Rentier, Securitization Fail, US Bank
Tagged bankruptcy remote, common agent, credit default swaps, Credit Suisse, Harkey v. US Bank et al., invisibility cloak, LIBOR, LPS, MERS, MERS III, MERSCORP, Michael Harkey, Nevada, QE, racketeering, TARP
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THE ABSURDITY OF DEBT AND OF NOT CANCELLING IT
Salon has been on fire with truth lately, this article on student debt being no exception. From the article, we find out the following very interesting nugget: The total national student loan debt is more than $1.2 trillion, the bulk … Continue reading
Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, Financial Terrorism, Redistribution, Rentier, Reverse socialism, Wealth transfer
Tagged Consumer Financial Protection Bureau, economy, Forbes, indentured servitude, involuntary servitude, money out of thin air, salon, student debt, The Capitalist Tool, U.S. National Debt Clock
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THE END OF CHEAP LABOR AND CHEAP CREDIT—WHAT NEXT?
So I agree with the overall premise of this David Stockman article: cheap labor in the East allowed cheap credit to proliferate in the West: “It was the two-decades-long flow of quasi-slave labor into the export factories of east China … Continue reading
Posted in Crap-italism, Debt Slavery, Everything Is Rigged, Feudalism, fiat currency, Financialization, freedom, Rent-seeking, Rentier, self-issued currency, Wage slavery, Wealth transfer
Tagged China, credit, David Icke, David Stockman, DNA, economy, FoxConn, labor force participation rate, self-issued currency cheap labor, strike, The Air Standard
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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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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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WHO OWNS WHAT: BANKS AND THE NEW FEUDALISM
In a new Salon article, David Dayen eloquently sums up root cause of the new feudalism, which is being helped along by the federal government and federal courts: “Many focus on how the failure to prosecute financial crimes, by Attorney … Continue reading
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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BANKS UPSET NO ONE WANTS TO SIGN A MORTGAGE WITH THEM…
…and with good reason. You can’t trust these banks! Everybody know this by now. Bank of America is concerned that mortgage applications are down: “Bank of America Merrill Lynch (BAC) analysts just emailed a research note reminding clients they feel … Continue reading
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 deflation, fiat currency, inflation, Max Keiser, rent-seeking, Rentier, Save our Savers, Simon Rose
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LIBERTY ROAD MEDIA 