Category Archives: Wealth transfer
THE ABSURDITY OF DEBT AND OF NOT CANCELLING IT
Salon has been on fire with truth lately, this article on student debt being no exception. From the article, we find out the following very interesting nugget: The total national student loan debt is more than $1.2 trillion, the bulk … Continue reading
Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, Financial Terrorism, Redistribution, Rentier, Reverse socialism, Wealth transfer
Tagged Consumer Financial Protection Bureau, economy, Forbes, indentured servitude, involuntary servitude, money out of thin air, salon, student debt, The Capitalist Tool, U.S. National Debt Clock
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THE END OF CHEAP LABOR AND CHEAP CREDIT—WHAT NEXT?
So I agree with the overall premise of this David Stockman article: cheap labor in the East allowed cheap credit to proliferate in the West: “It was the two-decades-long flow of quasi-slave labor into the export factories of east China … Continue reading
Posted in Crap-italism, Debt Slavery, Everything Is Rigged, Feudalism, fiat currency, Financialization, freedom, Rent-seeking, Rentier, self-issued currency, Wage slavery, Wealth transfer
Tagged China, credit, David Icke, David Stockman, DNA, economy, FoxConn, labor force participation rate, self-issued currency cheap labor, strike, The Air Standard
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BANKS PUT ALL RISK ON US, THEN TAKE ALL THE REWARD AND PRETEND THAT IS CAPITALISM
We all know that all fiat money, such as the U.S. dollar, is created out of thin air not by banks but by the people and only has value because said people ultimately have “faith” in it. This is uncontroversial … Continue reading
Posted in Conspiracy, Crap-italism, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Financialization, Redistribution, Reverse socialism, self-issued currency, Too big to fail, Wealth transfer
Tagged bailout, Bank of England, fiat currency, fiat money, Kevin Evans, lender, money is fictional, money out of thin air, Northern Rock, ProPublica, reward, risk, self-issued currency, The Air Standard, The Telegraph, U.S. dollar
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43 YEARS OF FAKE MONEY: MUST-WATCH VIDEO
Finally broke down and watched one of the videos I had been hearing about on the Peak Prosperity website. This video was the 9th in a series of 27 and was appropriately posted last Friday, August 15, the 43rd anniversary of … Continue reading
Posted in Asset Bubble, Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, fiat currency, Financial Terrorism, Financialization, Foreclosure fraud, Keiser Report, Nixon Shock, Redistribution, Rent-seeking, Reverse socialism, Wage slavery, Wealth transfer
Tagged Bretton Woods, FDR, Federal Reserve, fiat currency, GIABO, gold confiscation, hyperinflation, Nixon Shock, Peak Prosperity
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TURNING “MISERY INTO MONEY”: THE INJUSTICE INDUSTRY OF THE BANKS
Joel Sucher covers the waterfront of foreclosure fraud today, even giving a shoutout to us here at LRM. Sucher performs the badly-needed service of humanizing and un-demonizing those damaged by the ongoing foreclosure maelstrom: “The largely nameless victims in this … Continue reading
HOW FAKE MONEY BECAME LEGAL MONEY: THE AFFIRMATION OF THE NIXON SHOCK
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 United States—and the world—on the road … Continue reading
Posted in Bank of America, California, civil rights, class war, Conspiracy, Crap-italism, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, fiat currency, Financialization, Kangaroo court, Nixon Shock, Redistribution, Rent-seeking, Reverse socialism, Wage slavery, Washington, Wealth transfer
Tagged Bank of America, Bretton Woods, Brown v. Board of Education, fake money, Federal Reserve, H.L. Perry, Larry Becraft, Mae Brussell, Milam v. U.S., Ninth Circuit, Nixon Shock, Plessy v. Ferguson, Richard Nixon, The Realist
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MERS: THE INVISIBILITY CLOAK OF THE BANKSTERS
Yes, the banks don’t want you to see what they’re doing–or not doing, as the case may be. Specifically, they don’t want you to see that they have separated your note from your deed of trust/mortgage. In my opinion (and … Continue reading
Posted in Asset Bubble, class war, Conspiracy, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, fiat currency, Financialization, Foreclosure fraud, Living Lies, MERS, QE unlimited, Redistribution, Reverse socialism, Securities, Securitization Fail, Wealth transfer
Tagged assignment, bailout, Bastille Day, feudalism, French Revolution, invisibility cloak, Living Lies, MERS, opaque, QE, quantitative easing, rehypothecation, Rush, transparency, Wisconsin
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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
AMERICAN EXCEPTIONALISM–EXCEPTIONALLY TOLERANT OF FRAUD
http://www.youtube.com/watch?v=-uT4GAFIyCI So this story appeared in my Facebook feed this morning–“Another Banker Dead: IRAN Executes Rothschild Billionaire On $2.6 Billion Bank Fraud ~ Used Fraudulent Funds To Implement Agenda 21 In Buying State Property.” So I check it out with … Continue reading
Posted in Conspiracy, Crap-italism, Everything Is Rigged, Feudalism, Financial Terrorism, Iran, Mary McCulley, Paper terrorism, Police State, Price-fixing, Redistribution, Securities, Wealth transfer
Tagged bank fraud, BBC, Bernie Madoff, death penalty, execution, fraud, healthcare, Iran, Mansour Aria, Mary McCulley, price-gouging, The Independent, Vietnam
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LIBERTY ROAD MEDIA 