Tag Archives: minimum wage

FAST FOOD SCREWUPS DON’T DESERVE DECENT WAGES, BUT CEO SCREWUPS DO?

The guy in the above video is exactly right and his logic is flawless. Indeed, he’s got a point–people that make tons of money never make mistakes or get lazy. Highly-paid surgeons would never, for example, amputate the wrong limb … Continue reading

Posted in class war, Crap-italism, Everything Is Rigged, Uncategorized, Wages | Tagged , , , , , , , , , | 1 Comment

DEBT BY DESIGN: “IT’S IMPOSSIBLE TO WORK YOUR WAY THROUGH COLLEGE NOW…”

And that’s the point of all these bubbles, and QE, and ZIRP, and inflation– it forces you to finance what you could once buy outright through working. This is the true end game of the “Nixon Shock,” petrodollar, credit bubbles, etc.   … Continue reading

Posted in "supply and demand", Debt, Debt Slavery, fiat currency, Financial Terrorism, petrodollar, Redistribution, Rent-seeking, Rentier, Wages, Wealth transfer | Tagged , , , , , , , , , | Leave a comment

WHY DOES EVERYTHING COST SO MUCH? SCHIFF EXPLAINS

The simple answer is, of course, inflation. The powers that be are trying to convince us that inflation is a good thing, a healthy thing, as Peter Schiff notes here: “It is no accident that the concept of ‘inflation’ has … Continue reading

Posted in "supply and demand", Asset Bubble, class war, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Iran, minimum wage, Price, Price-fixing, QE unlimited, Redistribution, Uncategorized, Wage slavery, Wages, Wealth transfer, ZIRP | Tagged , , , , , , , , | Leave a comment

ANTI-MINIMUM WAGE ARGUMENT DESTROYED

The argument against raising the minimum wage that one encounters quite a bit on social media and forum/blog comments goes something like this: if and when minimum wage is raised, it only makes the cost of goods and services go … Continue reading

Posted in "supply and demand", Asset Bubble, class war, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, minimum wage, Price, Price-fixing | Tagged , , , , , , , , , , | Leave a comment

IF WE’RE GONNA HAVE FREE MARKET WAGES, CAN WE AT LEAST HAVE A FREE MARKET?

Because currently, we do not have anything approaching a free market.  A free market would not have bailouts, bail-ins, subsidies, licensure requirements, exemptions from regulations as size increases, QE, ZIRP, rigged prices, etc. Libertarians often say that a minimum wage … Continue reading

Posted in Debt Slavery, fiat currency, Rentier, Wage slavery, Wages | Tagged , , , , , , , , , , | 5 Comments

IT ALL COMES DOWN TO ASSETS VS. WAGES

As usual, Max Keiser very succinctly (and almost nonchalantly) pierces through the mumbo jumbo and hopium to the very essence of the crisis facing not only the U.S., but also the world (quote below starts at approximately 12:04 in the … Continue reading

Posted in Asset Bubble, Financial Terrorism, Keiser Report, Wages | Tagged , , , , , , , , , , , | Leave a comment