Category Archives: Uncategorized

Socialism scare more accurately aimed at capitalism

Posted on March 19, 2019 by eggsistense

It’s hilarious when the capitalists try to fearmonger over trying something that might actually help people. Socialism leads to “complete economic calamity?” Isn’t that what capitalism did in 2008? And 1987? And 1971? And 1929? And is about to do … Continue reading →

Posted in Asset Bubble, class war, Crap-italism, fiat currency, Financial Terrorism, Financialization, Liberty Road, Master Narrative, Nixon Shock, Rent-seeking, Rentier, Securities, socialism, Uncategorized, Wealth transfer | Tagged capitalism, Donald Trump, economics, fearmongering, late capitalism, Marc Faber, Michael Hudson, recession, Reverse socialism, socialism, Zero Hedge | 3 Comments

Goldman Sachs admits: Capitalism is not the cure, it is the disease

Posted on April 12, 2018 by eggsistense

Whenever you get grief for criticizing capitalism, point those giving you said grief to this story, because it perfectly describes capitalism’s grave shortcomings with just the question asked in the headline: “Is curing patients a sustainable business model?” The story … Continue reading →

Posted in biotech, Crap-italism, Goldman Sachs, paradox, Rent-seeking, socialism, Uncategorized, Wealth transfer | Tagged biotech, capitalism, cure, disease, Goldman Sachs, Hippocratic Oath, profit motive, recurring revenue, socialism | 1 Comment

‘Booked: Minimum Wage, Chomsky, The Evils of Stock Buybacks

Posted on July 11, 2017 by eggsistense

A collection of today’s Facebook posts from the Liberty Road Media page (give it a like/share!)… Seattle Minimum Wage Issue: UofW Study flawed Turns out the study critical of the Seattle minimum wage increase suffers from two major flaws: 1) … Continue reading →

Posted in Anarchy, class war, Debt Slavery, minimum wage, Redistribution, Reverse socialism, socialism, Uncategorized, Wage slavery, Wages, Wealth transfer | Tagged 'Booked, Barry Ritholtz, capitalism without capital, minimum wage, Nick Hanauer, Noam Chomsky, Norway, Norwegian, stock buybacks | Leave a comment

Metallica on the bankster economy?

Posted on August 23, 2016 by eggsistense

On their killer new tune “Hardwired,” Metallica probably didn’t intend to comment on the rigged, doomed-to-crash bankster economy, but that’s how I hear these lyrics in the song’s chorus: “We’re so fucked/shit outta luck/hardwired to self-destruct…” It’s the end of … Continue reading →

Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Feudalism, self-issued currency, Uncategorized, Wealth transfer | Tagged black hole, economy, Everything Is Rigged, Metallica, money out of thin air, self-issued currency, Steve Keen, Zero Hedge | Leave a comment

HOW FAKE MONEY BECAME LEGAL MONEY: THE AFFIRMATION OF THE NIXON SHOCK

Posted on August 15, 2016 by eggsistense

Originally posted on LIBERTY ROAD MEDIA:
Forty-three years ago today in what is now not-so-commonly known as the “Nixon Shock”, Richard Nixon ended the Bretton Woods system by ending the convertibility of Federal Reserve Notes to gold, thereby putting the…

Posted in Uncategorized | Leave a comment

Does Money Exist? Of Course Not.

Posted on August 5, 2016 by eggsistense

I was heartened to see the headline “Money Doesn’t Exist” on Zero Hedge today, even if the article did turn out to be more or less an ad for a Forex trading system. From the article: “The biggest secret the … Continue reading →

Posted in Uncategorized | Leave a comment

Chomsky on Financialization vs. Capitalism: “That doesn’t make me fall in love with the feudal system.”

Posted on June 3, 2016 by eggsistense

Great article about real-world economics on the occasion of Noam Chomsky’s comments in a documentary called “The Divide.” Noam is particularly on point in this one. Example: “INTERVIEWER: Does it give you any hope that some of the super-rich, such … Continue reading →

Posted in Uncategorized | Tagged Bank of America, Bretton Woods, capitalism, Chomsky, Federal Reserve notes, feudalism, financialization, H.L. Perry, Margaret Thatcher, Nixon Shock, Ronald Reagan, The Divide, The Guardian, The System | Leave a comment

One man’s “terrorist”…

Posted on January 5, 2016 by eggsistense

…is another man’s freedom fighter, as the old saw goes. Regardless of what one thinks of the Oregon situation or Black Lives Matter, throwing around the word “terrorism” all the time is a bad idea because it degrades the meaning … Continue reading →

Posted in civil rights, Feudalism, Police State, racism, Resistance, Terrorism, Uncategorized | Tagged Barry Donegan, Black Lives Matter, distinction without a difference, divide and conquer, mandatory minimum, Oregon, terrorist, Truth In Media, War or Terror | Leave a comment

Banks Nabbed for Robbing You and Me: Conspiracy “Theory” Proven To Be Conspiracy Fact

Posted on May 21, 2015 by eggsistense

Loretta Lynch and the Department of Justice just have their tinfoil hats on a little too tight, I guess. Or could it be that yes, there really was a conspiracy? The Attorney General used that word multiple times in her … Continue reading →

Posted in Chase, Conspiracy, Crap-italism, Domestic Spying, Everything Is Rigged, fiat currency, Financial Terrorism, Price-fixing, Uncategorized | Tagged Barclays, Chase, Citi, conspiracy fact, conspiracy theory, currency, forex, fraud, JPMorgan Chase, LIBOR, Loretta Lynch, RBS, SEC, self-issued currency, UBS | Leave a comment

WTF pt. 2: 400 NATIONAL WAY SCREENSHOTS WITH BANK OF AMERICA LOGO

Posted on March 26, 2015 by eggsistense

Here are three Google Earth screenshots of 400 National Way Simi Valley, CA, which refer to this story–WTF? BANK OF AMERICA AND FANNIE MAE SUPPOSEDLY HAVE THE SAME ADDRESS AND PHONE NUMBER: Front view–no corporate names or even a name of … Continue reading →

Posted in Bank of America, California, Conspiracy, Everything Is Rigged, Foreclosure, Foreclosure fraud, Securitization Fail, Uncategorized | Tagged 400 National Way, Bank of America, Google Earth, Ronald Reagan Freeway, Simi Valley | Leave a comment