Category Archives: Wealth transfer
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
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 black hole, financial fraud, Financial Terrorism, fraud, Max Keiser, quantum theory, Stacy Herbert
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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 Bank of England, capitalism, crap-italism, derivatives, Financial Terrorism, GIABO, global wealth pyramid, Max Keiser, Michael Hudson, one percent, risk, Simon Heffer, Stacy Herbert
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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 bank, European Central Bank, Federal Reserve, Greece, Greeks, Keiser Report, loan, Max Keiser, money is a concept, money is fake, money is fictional, money out of nothing, self-issued currency, Stacy Herbert, Steve Keen
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Slavery and Secession: Old vs. New—TPP Edition
I was chastised last night on Facebook for constantly posting about the reasons why I believe that the rebel flag should be removed from Mississippi’s flag and from South Carolina’s capitol. And of course, trying in vain to promote my … Continue reading
Posted in Civil War, Confederacy, Conspiracy, Crap-italism, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, fiat currency, Gold, Redistribution, Rent-seeking, Reverse socialism, Tyranny, Wage slavery, Wealth transfer
Tagged 13th amendment, Bank of England, Bretton Woods, Cartier, Confederacy, fiat money, fractional reserve, middle class, Mississippi, money out of thin air, Nixon Shock, secession, slavery, South Carolina, Take Down The Rebel Flag, the new slavery, TPP, Trans-Pacific Partnership
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All Debt Is Odious: Greek Report Gets It Mostly Right
https://www.youtube.com/watch?v=QUXbnSnTak4 Grexit on, Grexit off…Grexit on, Grexit off…that’s been the story for a while now, but could a new report by the Debt Truth Committee of the Hellenic Parliament which declares that Greece’s debt to the Troika is odious flip … Continue reading
Posted in Conspiracy, Crap-italism, Debt, Debt Slavery, Everything Is Rigged, fiat currency, Financial Terrorism, Financialization, Redistribution, Rent-seeking, Rentier, Reverse socialism, Tyranny, Wealth transfer
Tagged fiat currency, GIABO, Greece, Grexit, Hellenic Parliament, money out of thin air, odious debt, Troika, Truth Committee on Public Debt
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LIBERTY ROAD COMIX: NEW FEATURE
A new, periodic feature here at LRM—a cartoon or comic. In the past I have done some cartooning under the titles “Eggs Is Tense” and “Free Country.” I miss doing it and occasionally get ideas for cartoons and figured, why … Continue reading
Posted in Bank of America, Chase, Conspiracy, Crap-italism, Debt Slavery, Everything Is Rigged, fiat currency, Financial Terrorism, ISIS, Keiser Report, Liberty Road, Paper terrorism, Too big to fail, Tyranny, US Bank, Wealth transfer, Wells Fargo
Tagged capitalism without capital, cartoon, comics, comix, de-capitalism, decapitation, Eggs Is Tense, fiat money, Free Country, In-Solvent Institutions of Stealing, Jihadi Jamie, market fundamentalism, Max Keiser, money out of thin air
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ANALYST ON BANK OF AMERICA: “Cesspools like BAC need to be completely drained”
Wow! David Stockman pulls zero punches in this excellent rant (“Shoot Bank Of America Now—-The Case For Super Glass-Steagall Is Overwhelming,” Contra Corner, Feb. 11, 2015) on how a company like Bank of America in any legitimate legal context … Continue reading
Posted in Bank of America, Crap-italism, Debt, Everything Is Rigged, Federal Reserve, fiat currency, Redistribution, Rent-seeking, Reverse socialism, Securitization Fail, Too big to fail, Wealth transfer
Tagged austerity, BAC, BANA, Bank of America, BOA, Brian Moynihan, cesspool, David Stockman, debt, Gail Tverberg, Mark Blyth, Paul Krugman, peak debt, Salon.com, TBTF, Zero Hedge
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BANKS’ FREE LUNCH=RECORD PROFITS, KIDS’ FREE LUNCH=RECORD LOSS
So the latest indicator that not only has there not been a financial/economic recovery for the average person in the U.S. but also things have gotten worse? Over half of all public school students in the U.S. are now eligible … Continue reading
Posted in Crap-italism, Everything Is Rigged, Financial Terrorism, Foreclosure, Foreclosure fraud, homeless, Redistribution, Reverse socialism, stock market, Too big to fail, Wealth transfer
Tagged bailout, foreclosure, free and reduced lunch, free lunch, homeless, homelessness, public schools, QE, record profit, Stanley Druckenmiller, stocks, ZIRP
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Master Narrative Rewrite: Herman Shorts and C.H. Smith
Where do most people get their ideas about “the way things ought to be?” How is it that people can enthusiastically and vehemently support entities and policies that act in ways that are objectively contrary ways to the interests of … Continue reading
Posted in civil rights, Conspiracy, Everything Is Rigged, freedom, Police State, QE unlimited, Redistribution, Rent-seeking, Reverse socialism, Too big to fail, Wage slavery, Wealth transfer, ZIRP
Tagged bacon, Charles Hugh Smith, Cracked, Edward Bernays, Herman Shorts, Master Narrative, narrative, Of Two Minds, Paul Craig Roberts, status quo
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LIBERTY ROAD MEDIA 