Tag Archives: China

The Blouses That Destroy Economies: The Insane Quest for Cheap Labor

So this is the end game of capitalism—the pool of cheap labor being drained by an insane quest for profit at the expense of people.  Retailers like Walmart realize that their customer base has no money to spend because America … Continue reading

Posted in Crap-italism, minimum wage, Rentier, Wage slavery | Tagged , , , , , , , , , , , , , , , , | Leave a comment

SELF-ISSUED CURRENCY: THE WAY OUT OF DEBT SLAVERY

Check out this extremely relevant and important article from Washington’s Blog: 9 Mind-Blowing Facts About Money.    It is a great primer for those not familiar with fiat currency and the fact that modern currency is, without question, created out … Continue reading

Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financialization, Nixon Shock, Redistribution, Rent-seeking, Rentier, Reverse socialism, self-issued currency, Wage slavery, Wages | Tagged , , , , , , , , , , | 2 Comments

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

WAR IS A RACKET TO PROP UP DOLLAR–END OF STORY

War is a racket. Money is fictional. These two statements explain all wars, of course, but particularly the adventures of the western powers in the Middle East in the last 2+ decades.  The first statement was spoken by Maj. Gen. … Continue reading

Posted in Antiwar, China, Conspiracy, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, Iran, Middle East, petrodollar, QE unlimited, Russia, Uncategorized, War Is A Racket | Tagged , , , , , , , , , , , , , | Leave a comment

FANNIE DOESN’T OWN $#!+–COURTS DON’T CARE

In a great article headlined “Foreclosure Is Financial Terrorism, Is it also Treason? (Just Who Are We Giving Homes Of Americans to After All?)”, Matt Weidner weighs in on the fact that Fannie Mae admits it doesn’t own the notes … Continue reading

Posted in Asset Bubble, Bank of America, Debt Slavery, Everything Is Rigged, Fannie Mae, Federal Reserve, fiat currency, Financial Terrorism, Foreclosure, Foreclosure fraud | Tagged , , , , , , , | 1 Comment

IFR COVER-UP, PART TWO: ILLEGITIMATE FORECLOSURES

Yesterday’s post questioned why mortgage servicers–and not mortgage investors–were punished by the IFR.  The reason for that question is this: servicers are supposed to be mere debt collectors.  That is, servicers are not the entities to whom a debt is … Continue reading

Posted in Foreclosure | Tagged , , , , , , , , , , , , , , | 5 Comments