Category Archives: Wages

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

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 , , , , , , , , | Leave a comment

Where is the money gonna come from to pay for all that “free stuff?” From thin air, of course—time to accept the truth.

NOTE: This is not an article about, or necessarily in support of Bernie Sanders.  Please don’t read it that way.  He is just emblematic of the larger point being made herein and therefore has to be referred to multiple times… … Continue reading

Posted in Crap-italism, Federal Reserve, fiat currency, Financialization, Wages | Tagged , , , , , , , , , , , , , | Leave a comment

SELF-ISSUED CURRENCY: THE WAY OUT OF DEBT SLAVERY

Check out this extremely relevant and important article from Washington’s Blog: 9 Mind-Blowing Facts About Money.    It is a great primer for those not familiar with fiat currency and the fact that modern currency is, without question, created out … Continue reading

Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financialization, Nixon Shock, Redistribution, Rent-seeking, Rentier, Reverse socialism, self-issued currency, Wage slavery, Wages | Tagged , , , , , , , , , , | 2 Comments

MORE JOBS, LESS WAGES

Wow! The unemployment rate supposedly just went to the lowest rate since 2008. That should be awesome news (if true), but it really isn’t because wages aren’t increasing.  It’s stories like these that foster the impression of a recovery even … Continue reading

Posted in Crap-italism, Everything Is Rigged, Federal Reserve, Wage slavery, Wages | Tagged , , | 1 Comment

STRIKE! WALMART OVERDUE FOR A COMEUPPANCE

I posted the above meme on Facebook, which elicited the following response from a dear and longtime friend (in the physical world) of mine: Dumb bullshit. Walmart workers are responsible for themselves. It is their own decisions that put them … Continue reading

Posted in California, Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Financialization, freedom, minimum wage, Price-fixing, Redistribution, Wage slavery, Wages | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

FAST FOOD SCREWUPS DON’T DESERVE DECENT WAGES, BUT CEO SCREWUPS DO?

The guy in the above video is exactly right and his logic is flawless. Indeed, he’s got a point–people that make tons of money never make mistakes or get lazy. Highly-paid surgeons would never, for example, amputate the wrong limb … Continue reading

Posted in class war, Crap-italism, Everything Is Rigged, Uncategorized, Wages | Tagged , , , , , , , , , | 1 Comment

LONG OVERDUE: “THINK OUTSIDE THE BOSS”

Scott Sorensen (the inaugural subject of LRM’s “Profiles In Resistance”) posted this picture he took today of a woman wearing a rather interesting shirt: It says “United States Federation of Worker Cooperatives.”  Scott said the front said, “Think Outside The … Continue reading

Posted in Crap-italism, Profiles In Resistance, Redistribution, Wage slavery, Wages, Wealth transfer | Tagged , , , | Leave a comment

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 , , , , , , , , , , , , , , , , , , | 1 Comment

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 , , , , , , , , , , , , | 2 Comments

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 , , , , , , , , , , , , , , , , | Leave a comment