Theft has been “legalized” for governments and banks in America.
Every once in a while an event crystallizes the stark reality behind the lacy curtain of propaganda and artifice. Here is one such event.
Correspondent R.T. is a retired accountant …
Central Planning has crippled the real estate market to “save” their core constituency, the banks.
If you were head of Central Planning (howdy, Ben!) and were tasked with crippling the real estate market, here’s what you would recommend.
1. C…
Hedging against catastrophic loss is common-sense, and becomes more so as risk rises.
As a general observation, those with less wealth tend to be unhedged and those with more wealth tend to be hedged. In other words, hedging matters. Hedgin…
The feedback of failure, loss and defeat is our most helpful teacher.
I want to praise horrendously costly lessons, as those are the only ones we really learn from. We hype the value of “book learning” and give lip-service to “learning fr…
America is just going through the motions because we have no other choice–or so we believe.
I have long thought that America Is Just Going Through the Motions–of caring about the deficit, of financial “reform,” and everything else:
Let’s…
Today we present Part 2 of “Money From Nothing” by Zeus Y.
Only in a debt-based money system could debt be curiously cast as an asset.We’ve made “extend and pretend” a quaint phrase for a burgeoning market for financial lying and profiteer…
Frequent contributor Zeus Y. explains how the financial system creates fake “wealth” from nothing and why the entire delusional scheme is imploding.
“Only God can create… value out of nothing”—Justice Martin V. Mahoney in First National…
Instead of just swallowing Ministry of Propaganda swill, let’s examine actual data. If we do that, we find job growth is mostly smoke and mirrors.
The Ministry of Propaganda and its media minions are announcing that “job growth is on a tear” and…
Like the bubonic plague, financialization has a lifecycle that cannot be reversed by Federal Reserve or European Central Bank intervention.
Let’s pretend the Federal Reserve can force the financialization lifecycle back into expansion. Why do…
Let’s pretend student loans aren’t just a stupendous and highly profitable scam being run on the youth of America. Of course pretending doesn’t make it so.
We have a “let’s pretend” economy: let’s pretend the unemployment rate actually reflec…
