Tag Archives: rent-seeking

“Capitalism”=Oligarchy/Feudalism on Steroids

Posted on May 19, 2016 by eggsistense

Great post at More Crows Than Eagles called “Unnecessariat”–heavy stuff, all about the effects of supposed “capitalism” which is actually an oligarchy (feudalism?) on steroids which is by, of, and for the rentier class:  “If there’s no economic plan for … Continue reading →

Posted in Crap-italism, Debt Slavery, Feudalism, homeless, Profiles In Resistance, Redistribution, Rent-seeking, Rentier, Reverse socialism, socialism, Tyranny, Wealth transfer | Tagged , , , , , , , | Leave a comment

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

Posted on April 21, 2014 by eggsistense

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

YOUR MONEY IS WORTHLESS BY DESIGN

Posted on February 13, 2014 by eggsistense

As usual, Max Keiser’s show is always worth watching.  This time, it’s for something his guest–Simon Rose of Save Our Savers said almost offhandedly toward the end of the show (23:57 mark): “It’s like being in The Matrix.  You know, … Continue reading →

Posted in Debt, Debt Slavery, Everything Is Rigged, fiat currency, Financial Terrorism, Keiser Report, Price, Price-fixing, Redistribution, Rent-seeking, Rentier, Reverse socialism, Wage slavery, Wages, Wealth transfer | Tagged , , , , , , , | 3 Comments

PRICE-RIGGING IS THE NAME OF THE GAME: TAIBBI’S LATEST

Posted on February 13, 2014 by eggsistense

Matt Taibbi comes through again with another bombshell of a story about a little-understood provision of the 1999 Financial Services Modernization/Gramm-Leach-Bliley Act: “A tiny provision in the bill also permitted commercial banks to delve into any activity that is ‘complementary … Continue reading →

Posted in Asset Bubble, Conspiracy, Debt, Debt Slavery, Everything Is Rigged, Financial Terrorism, Foreclosure, Price, Price-fixing, Rent-seeking, Rentier, Reverse socialism, Wealth transfer | Tagged , , , , , , , , , , , , , , , | 1 Comment

THE BANK VS. YOU: ASYMMETRICAL WARFARE

Posted on October 7, 2013 by eggsistense

Rarely does one hear the financial terrorism of the banks distilled with such clarity into a single paragraph… Max Keiser (begins at 17:42):  If we look at the recent history of these financial predators going back 5 or 6 years, … Continue reading →

Posted in Asset Bubble, Debt, Debt Slavery, Financial Terrorism, Foreclosure, Keiser Report, Rent-seeking, Rentier, Wages, ZIRP | Tagged , , , , , , , , , , , , | Leave a comment