Tag Archives: austerity
FAKE MONEY THEN AND NOW: IRELAND EDITION
Two pieces of information have struck me recently, both concerning Ireland at first glance, but really concerning all of humankind when you really think about it. Let me discuss the second piece of info first, which is summed up quite … Continue reading
Posted in Crap-italism, Debt Slavery, Everything Is Rigged, fiat currency, Financialization, Nixon Shock, self-issued currency
Tagged 1970, Antoin Murphy, austerity, basic guaranteed income, basic income, cashless society, Felix Martin, foreclosure, Harvard Business Review, Ireland, Irish Banking Crisis, Irish Central Bank, Irish Independent, Money: The Unauthorized Biography, Nixon Shock, Patrick Honohan, repossession, self-issued currency
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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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