Category Archives: Wealth transfer

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

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 , , , , , , , , , , , , , , , , , , , , , | 10 Comments

Metallica on the bankster economy?

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 , , , , , , , | Leave a comment

“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 , , , , , , , | Leave a comment

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 , , , , , , , | 3 Comments

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 , , | 1 Comment

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

Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Feudalism, fiat currency, Paper terrorism, QE unlimited, Too big to fail, Wealth transfer | Tagged , , , , | Leave a comment

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

Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, fiat currency, Financial Terrorism, Financialization, Foreclosure, Keiser Report, petrodollar, QE unlimited, Rent-seeking, Too big to fail, Wealth transfer, World War III | Tagged , , , , , , | Leave a comment

How the rich got richer and continue to do so: evading risk.

On the most recent episode of the Keiser Report, Max and Stacy open the show with a discussion of the chart below, which shows that the top 1 percent of the world’s population owns half of the world’s wealth, and … Continue reading

Posted in Crap-italism, Debt, Everything Is Rigged, Financial Terrorism, Financialization, Reverse socialism, Wealth transfer | Tagged , , , , , , , , , , , , | Leave a comment

Why Is All Money Ultimately Fake? Economist Steve Keen Explains. Time to Break Your Conditioning.

In a post-Oxi appearance on the Keiser Report (episode #780), noted economist Steve Keen spoke about the Greek economic situation specifically, then about the nature of debt generally, and in so doing perfectly encapsulated what I recently have been chastised … Continue reading

Posted in Conspiracy, Crap-italism, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Financialization, Keiser Report, Nixon Shock, Rentier, Reverse socialism, self-issued currency, Tyranny, Wage slavery, Wealth transfer | Tagged , , , , , , , , , , , , , , | Leave a comment