Tag Archives: Rentier

“Capitalism”=Oligarchy/Feudalism on Steroids

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

WHAT “RECOVERY?” WHO CAN AFFORD ANYTHING?

Scene: a typical American coffee shop.  We see two casually-dressed friends sitting at a table, talking quietly and drinking a cup of joe.  We notice one has a “grande” while the other has a “tall.” Suddenly we hear loud guffawing … Continue reading

Posted in Asset Bubble, Bank of America, Crap-italism, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Financialization, Price, Price-fixing, Rent-seeking, Rentier, Wage slavery, Wages | Tagged , , , , , , , , , , , , , , , , | Leave a comment

YOUR MONEY IS WORTHLESS BY DESIGN

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

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

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