Tag Archives: David Stockman

Crossfade: Global Financial System Fading Out, So Global Police State Being Turned Up

Posted on May 18, 2015 by eggsistense

Crossfade: a radio/DJ term for keeping music and/or the beat going between one song that is ending and another one that is beginning.  Or as Wikipedia puts it regarding how crossfaders are used: “A crossfader on a DJ mixer essentially … Continue reading →

Posted in Crap-italism, Everything Is Rigged, Keiser Report, Police State, self-issued currency, Too big to fail, Tyranny | Tagged , , , , , , , , , , , | Leave a comment

ANALYST ON BANK OF AMERICA: “Cesspools like BAC need to be completely drained”

Posted on February 12, 2015 by eggsistense

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

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