Tag Archives: QE unlimited

Bailout vs. Bernie: Which is more “socialist?”

Oh, the smugness that doth flow from those who fancy themselves to be cold realists, allegedly harboring nary a scintilla of fantasy about the way the world doth “really work”—a way which these smug folk unfailingly describe with a single, … Continue reading

Posted in Crap-italism, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Financialization, QE unlimited, Redistribution, Rent-seeking, Reverse socialism | Tagged , , , , , , , , , , , , | Leave a comment

FINES AREN’T FINE: JP MORGAN CHASE AND QE

So JP Morgan Chase is being fined again for essentially colluding with Bernie Madoff.  Ho hum–big deal.  Well, for them anyway.  Because even though the latest $2 billion fine–according to Marketplace–“brings the grand total of fines JPM has paid in … Continue reading

Posted in class war, Debt, Federal Reserve, QE unlimited, Reverse socialism, Too big to fail | Tagged , , , , , , , , | 2 Comments

HEDGE FUND MANAGER SOUNDS JUST LIKE THE POPE!

PolicyMic posted an article with the following headline: “Pope Francis Denounces Capitalism, But Is He Right?” Short answer: absolutely (dude is infallible, after all)–especially since renowned hedge fund manager Stanley Druckenmiller essentially agrees with the Pope, as we shall see … Continue reading

Posted in Asset Bubble, Debt Slavery, Federal Reserve, Financial Terrorism, QE unlimited, Redistribution, Reverse socialism, Too big to fail | Tagged , , , , , , , , | Leave a 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

IFR COVER-UP: THE PRINCIPAL/AGENT SCAM REVEALED, PART ONE

So if any of us can stand yet more commentary on the So-Called Independent Foreclosure Review (SCIFR), I have a question–why were only the “servicers” punished?  Why weren’t the holders and/or owners of the notes punished?  After all, the servicers … Continue reading

Posted in Foreclosure | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment