Category Archives: Too big to fail
“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
Conspiracy fact: Actual proof that banks create money out of nothing (Part 1)
Here at LRM, I have written a great deal about the fact that banks create money out of nothing, ex nihilo, out of thin air. This assertion was made after extensive research into the money-creation process, and I found that … Continue reading
Why Not Simply Follow The Law? Yale Law Journal’s Novel Idea for Foreclosure Judgments
In a recent post (Judges: Not Dupes—TOTALLY In On It), we decided that when it comes to foreclosure cases, judges are not guileless, impartial innocents deceived by wily banks into throwing people into the street. No, the judges are (to … Continue reading
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
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
American “Capitalism”= “Pay or Die”: The system we actually have is not the system we think we have.
In a very revealing appearance on Gary Dubin’s vital radio program—“The Foreclosure Hour”—Washington attorney Scott Stafne accurately gets to the core of what is behind not only the crisis faced by homeowners trying to save their homes from foreclosure via … Continue reading
R. Crumb also hates banks! “2008 was the biggest robbery in history…”
I’ve been an R. Crumb fan for years, and these comments of his about the ongoing ripoff of society by the banks–from a new article in the New York Observer–only deepen my admiration for him: “…The documentary The Sorrow and … Continue reading
99 Homes Review: Letting the banks off the hook? (SPOILERS)
If you have not yet seen the powerful new film 99 Homes and want to be surprised how it all turns out at the end, you might want to stop reading this now, because I am about to spoil the … Continue reading
“Why Have Any Laws?” Good question with a surprising answer.
That’s actually a good question from Mr. Mandvi in the above meme: “Why have any law?” Of course, he’s talking about gun laws. But it’s far more important to ask that question about matters other than gun regulations. What about … Continue reading