Category Archives: Reverse socialism

BE AN OUTLAW: THE ANNOTATED LYRICS

So I wrote a new song inspired by current events.  My wife says it sounds like The Monkees–OK, I can live with that.  I was going for a Clash-meets-Archies type sound (check the tambourine and oohs and ahs), for what … Continue reading

Posted in civil rights, class war, Conspiracy, Debt, Debt Slavery, Domestic Spying, Edward Snowden, Everything Is Rigged, Federal Reserve, Feudalism, fiat currency, Financial Terrorism, Foreclosure fraud, Keiser Report, NSA, Police State, QE unlimited, Rent-seeking, Reverse socialism, Securitization Fail, Surveillance | 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

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

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

Posted in class war, Debt, Federal Reserve, QE unlimited, Reverse socialism, Too big to fail | Tagged , , , , , , , , | 2 Comments

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

Posted in Asset Bubble, class war, Debt Slavery, Federal Reserve, fiat currency, Financial Terrorism, QE unlimited, Redistribution, Reverse socialism, ZIRP | Tagged , , , | Leave a comment

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

Posted in Asset Bubble, Debt Slavery, Federal Reserve, Financial Terrorism, QE unlimited, Redistribution, Reverse socialism, Too big to fail | Tagged , , , , , , , , | Leave a comment