Tag Archives: ZIRP

“Welfare State for the Banking System,” Not You and Me

Posted on May 28, 2015 by eggsistense

Stacy Herbert nails what is wrong with the current order of things: “(approx. 7:38) This is the class war that Warren Buffett, one of the richest men in the world, has talked about–that his class is winning. And part of … Continue reading →

Posted in Crap-italism, Debt Slavery, Everything Is Rigged, Financialization, Foreclosure fraud, Keiser Report, Living Lies, Reverse socialism, ZIRP | Tagged banking system, credit, free enterprise, Gore Vidal, Keiser Report, Living Lies, misdirection, Neil Garfield, risk, socialism, Stacy Herbert, welfare, ZIRP | Leave a comment

BANKS’ FREE LUNCH=RECORD PROFITS, KIDS’ FREE LUNCH=RECORD LOSS

Posted on January 20, 2015 by eggsistense

So the latest indicator that not only has there not been a financial/economic recovery for the average person in the U.S. but also things have gotten worse? Over half of all public school students in the U.S. are now eligible … Continue reading →

Posted in Crap-italism, Everything Is Rigged, Financial Terrorism, Foreclosure, Foreclosure fraud, homeless, Redistribution, Reverse socialism, stock market, Too big to fail, Wealth transfer | Tagged bailout, foreclosure, free and reduced lunch, free lunch, homeless, homelessness, public schools, QE, record profit, Stanley Druckenmiller, stocks, ZIRP | Leave a comment

PT. 2: NO ENDORSEMENT, NO NEGOTIATION–NO NEGOTIATION, NO SECURITIZATION

Posted on June 20, 2014 by eggsistense

Revisiting a great Neil Garfield article today on the subject of “ta-da” endorsements and the Wells Fargo manual (posted an excerpt of this article in my last post, which got me to reading over it again). He had this to … Continue reading →

Posted in Bank of America, Conspiracy, Crap-italism, Debt Slavery, Everything Is Rigged, Fannie Mae, Financial Terrorism, Foreclosure fraud, Kangaroo court, Living Lies, MERS, Paper terrorism, QE unlimited, Securitization Fail, Wells Fargo | Tagged allonge, bailout, Bank of America, Barkley Sutton, Everything Is Rigged, Fannie Mae, Living Lies, MBS, Mindy Scheller, motion in limine, Neil Garfield, promissory note, QE, ta-da endorsement, Wells Fargo, ZIRP | 3 Comments

WAKE UP: “ENTIRE STATUS QUO IS RIGGED”

Posted on April 3, 2014 by eggsistense

Charles Hugh Smith gets it exactly right in this excerpt below. The emperor is naked, and you can see it with your own eyes, if only you will open them and wake up! Smith’s commentary: The stock market is only … Continue reading →

Posted in Asset Bubble, Conspiracy, Debt Slavery, Everything Is Rigged, Federal Reserve, Financial Terrorism, Foreclosure fraud, Paper terrorism, Price-fixing, Redistribution, Wage slavery, War Is A Racket, Wealth transfer, ZIRP | Tagged emperor's new clothes, endogenous money, Everything Is Rigged, Federal Reserve, foreclosure fraud, hft, status quo, student loans, ZIRP | Leave a comment

WHY DOES EVERYTHING COST SO MUCH? SCHIFF EXPLAINS

Posted on March 24, 2014 by eggsistense

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 Federal Reserve, fictional money, inflation, Michael Hudson, minimum wage, Peter Schiff, purchasing power, QE, ZIRP | Leave a comment

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

Posted on December 12, 2013 by eggsistense

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 bail-in, bailout, fiat currency, Frederick Douglass, free market, libertarian, minimum wage, QE, subsidy, wage slavery, ZIRP | 5 Comments

POPE: “Money must serve, not rule”

Posted on November 27, 2013 by eggsistense

So it turns out the new Pope is just like me, but infallible! Or at least he thinks like me when it comes to money issues. I read parts of his latest exhortation, and I was overjoyed to hear his … Continue reading →

Posted in class war, Debt, Debt Slavery, fiat currency, Financial Terrorism, Price, Wages, ZIRP | Tagged apostolic exhortation, Catholic church, Federal Reserve, fiat currency, interest, interest rate apartheid, L. Randall Wray, Max Keiser, out of thin air, Pope Francis, usury, ZIRP | Leave a 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 debt slavery, foreclosure, fraud, Goldman Sachs, homeowners, Max Keiser, Michael Hudson, predatory lending, QE, rent-seeking, rentiers, risk, ZIRP | Leave a comment

IT ALL COMES DOWN TO ASSETS VS. WAGES

Posted on October 2, 2013 by eggsistense

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 asset bubble, bailout, Crooks and Liars, Elizabeth Warren, Federal Reserve, inflation, Max Keiser, minimum wage, QE, Russia Today, Slate, ZIRP | Leave a comment