Tag Archives: credit

“Welfare State for the Banking System,” Not You and Me

Posted on May 28, 2015 by eggsistense

Stacy Herbert nails what is wrong with the current order of things: “(approx. 7:38) This is the class war that Warren Buffett, one of the richest men in the world, has talked about–that his class is winning.  And part of … Continue reading →

Posted in Crap-italism, Debt Slavery, Everything Is Rigged, Financialization, Foreclosure fraud, Keiser Report, Living Lies, Reverse socialism, ZIRP | Tagged , , , , , , , , , , , , | Leave a comment

SELF-ISSUED CURRENCY: THE WAY OUT OF DEBT SLAVERY

Posted on March 11, 2015 by eggsistense

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?

Posted on October 10, 2014 by eggsistense

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