Category Archives: Wealth transfer
Socialism scare more accurately aimed at capitalism
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
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Capitalism–or “Bank-ism?”
The problem with capitalism is the same thing that is touted as its virtue. Namely, one of capitalism’s animating doctrines is that a worker can work hard and make more money as time goes on, and this is how the … Continue reading
Goldman Sachs admits: Capitalism is not the cure, it is the disease
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
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5 Ways to Fix The Economy For The Better: Richard Wolff Interview
This interview is instantly my favorite thing Lionel has ever done. He interviews the brilliant economist Richard Wolff, and from the get-go, it’s a tour de force of common sense obliterating tired, hackneyed, jingoistic propaganda that somehow just won’t die … Continue reading
Posted in Crap-italism, Everything Is Rigged, Federal Reserve, fiat currency, freedom, history, Redistribution, Reverse socialism, socialism, Wage slavery, Wealth transfer
Tagged Federal Reserve, Jeremy Corbyn, Karl Marx, Labour Party, Lionel, Marxism, money supply, Richard Wolff, right to own, socialism
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First Look: New Linda Tirelli Suit Against Bank of America
Attorney Linda Tirelli, a rockstar in the arena of foreclosure defense, has just filed an adversarial bankruptcy suit in the Southern District of New York naming the following as defendants: Bank of America, Nationstar, U.S. Bank, and Recontrust. As many … Continue reading
Posted in Bank of America, Everything Is Rigged, Fannie Mae, Financial Terrorism, Foreclosure, Foreclosure fraud, Paper terrorism, US Bank, Wealth transfer
Tagged Bank of America, bankruptcy, Countrywide, David Spector, deposition, endorsement, endorsments, foreclosure, foreclosure fraud, fraud, Helen Racanelli, Laurie Meder, Linda DeMartini, Linda Tirelli, Nationstar, non-negotiable, Recontrust, securitization, securitization fail, Sourcecorp, U.S. Bank, UCC 9
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“Capitalism”=Oligarchy/Feudalism on Steroids
Great post at More Crows Than Eagles called “Unnecessariat”–heavy stuff, all about the effects of supposed “capitalism” which is actually an oligarchy (feudalism?) on steroids which is by, of, and for the rentier class: “If there’s no economic plan for … Continue reading
Posted in Crap-italism, Debt Slavery, Feudalism, homeless, Profiles In Resistance, Redistribution, Rent-seeking, Rentier, Reverse socialism, socialism, Tyranny, Wealth transfer
Tagged capitalism, feudalism, More Crows Than Eagles, oligarchy, rent-seeking, Rentier, Scott Sorensen, Unnecessariat
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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
Posted in Crap-italism, Debt Slavery, Everything Is Rigged, fiat currency, Paper terrorism, Redistribution, Reverse socialism, Too big to fail, Wealth transfer
Tagged banks, fractional reserve banking, free money, International Review of Financial Analysis, liquidity, money out of thin air, Raiffeisenbank Wildenberg eG, Richard Werner
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Bernie Holds His Own Against the Billionaire Class
Today has been a day of the Matrix railing against Bernie Sanders. You know the drill—he just wants to give away free stuff that we all really have to pay for, it’s unrealistic, pie-in-the-sky claptrap, neither he nor his supporters … Continue reading
Posted in class war, Crap-italism, freedom, Wealth transfer
Tagged Bernie Sanders, billionaire class, Iowa caucas
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LIBERTY ROAD MEDIA 