Source – counterpunch.org – “…Several of the other presidential candidates are calling for various forms of wealth taxes. If the most rigorous of these were enacted, Bloomberg’s grand fortune would shrink substantially — by more than $3 billion next year, according to one estimate. In other words, by undercutting wealth tax advocates, Bloomberg would save…
Source – – “…U.S. deficits are going to jump to over $2 trillion a year…the national debt will run up towards $40 trillion over the next decade. The Fed, through YCC or some other wild scheme, will take on the dirty deed of monetizing this debt. They’ll create money from nothing and loan it to…
Source – truthdig.com – “…It reminds me of Moldova after the fall of the Soviet Union: oligarchs running wild, stashing their gains in buildings,” James Wright, an attorney and former Treasury Department bank examiner, told me…“Back then, you’d walk down the street, and people would say, ‘That building is a washing machine.’ Everyone knew it.…
Source – peakprosperity.com – “…Paying any government to lend it money is a swindle. Buying Greek national debt with a lower rate of return than US Treasury debt is a swindle. These and a thousand others completely obvious swindles, and yet here we are with the vast machinery of state and corporate journalism aligned to…
Source – zerohedge.com – “…The Supreme Court even ruled in 2010 that “companies are persons” and “money is speech”. Former representative Mick Mulvaney summed it up in 2018: “If you’re a lobbyist who never gave us money, I didn’t talk to you. If you’re a lobbyist who gave us money, I might talk to you”…
Source – oftwominds.com – “…Calling QE not-QE doesn’t make it different than QE, but it does communicate the Fed’s panicky desire to mask its stupendous injection of financial cocaine into the financial system. The Fed’s level of panic is noteworthy, as is the absurd transparency of its laughable attempt to conceal its panic” If Not-QE…
Source – truthdig.com – “…Capitalism doesn’t work well with monopolies, insider-trading, political payoffs, fraud, and large amounts of inherited wealth…If unearned income were treated the same as earned income under the tax code, America’s non-working rich wouldn’t be billionaires. And if capital gains weren’t eliminated at death, many heirs wouldn’t be, either” Robert Reich: Billionaires…
Source – silverdoctors.com – “…The Fed has cut interest rates three times this year (including a 0.25% cut just two weeks ago), and they’re printing up to $80 billion per month in new money to inject into the economy. Those are things that a central bank does when an economy is weak. It’s like administering…
Source – billmoyers.com – “…It’s the willingness on the part of people who seek personal enrichment to destroy other human beings… And because the mechanisms of governance can no longer control them, there is nothing now within the formal mechanisms of power to stop them from creating essentially a corporate oligarchic state” Chris Hedges on…
Source – rollingstone.com – “…Mitt Romney, it turns out, is the perfect frontman for Wall Street’s greed revolution. He’s not a two-bit, shifty-eyed huckster like Lloyd Blankfein. He’s not a sighing, eye-rolling, arrogant jerkwad like Jamie Dimon. But Mitt believes the same things those guys believe: He’s been right with them on the front lines…
Source – globalresearch.ca – “…Inequality is not a result of ‘technology’ and ‘education’- contemporary euphemisms for the ruling class cult of superiority – as liberals and conservative economists and journalists like to claim. Inequalities are a result of low wages, based on big profits, financial swindles, multi-trillion dollar public handouts and multi-billion-dollar tax evasion. The…
Source – themostimportantnews.com – “…According to Wikipedia, there are only 9 very small nations that do not have a central bank at this point…-Andorra, Isle of Man, Monaco, Nauru, Kiribati, Tuvalu, Palau, Marshall Islands, Federated States of Micronesia – If you combine the populations of all of those 9 nations together, it comes to much…
Source – brucewilds.blogspot.com – “…Dr. Paul Craig Roberts. The former Assistant Treasury Secretary in the Reagan Administration, who has a PhD in Economics, predicts the oligarchs of the New World Order (NWO) will do anything to boot President Trump out of office. This includes taking down and crashing the financial system as a last resort…
Source – mises.org – “…Ron Paul…has also been so insistent that the twin phenomena of war and central banking are linked. “It is no coincidence,” Dr. Paul said, “that the century of total war coincided with the century of central banking…If every American taxpayer had to submit an extra five or ten thousand dollars to…
Source – cluborlov.blogspot.com – ‘…China’s stunning success primarily has to do with its superior economic planning and social governance. Call it Stalinism 2.0. …When it comes to managing the economy, Stalinism, and especially Stalinism 2.0—its modern, Chinese version—was and is a stunning success. Fundamentally, it is a recipe for building socialism using capitalist (mainly state-capitalist)…
Source – economicprism.com – “…The Fed, in effect, is turning financial markets into a giant tinderbox. Just one spark – in the form of a blowup in leveraged loans, a run on a foreign bank, or any number of geopolitical pressure points, among other knowns – and the whole thing conflagrates like a blistering windblown…
Source – strategic-culture.org – “…What still remains absolutely off limits for the guardians of the current world-system is to really investigate hardcore neoliberalism as the root cause of wealth hyper-concentration and social inequality. It’s not enough to offer Band-Aids anymore. The streets of South America are alight. Blowback is now in full effect” Burn, Neoliberalism,…
Source – charleshughsmith.blogspot.com – “…Across the developed world, from Japan to the U.S. to France, there are few (if any) successors in line to take over the small family farms….What we’ve lost is a localized, resilient, diverse rural economy with a wealth of cultural and practical skills and wisdom. We only have a few years…
Source – thegreatrecession.info – “…Once the Fed specified its unwinding schedule, I said the first leg of that crash would hit in January 2018, the next in the summer and the worst for 2018 in the fall, likely starting as an October surprise. The Fed actually cannot unwind at all, having created an utterly dependent…
Source – hedgeaccordingly.com – “…I clearly underestimated the illegal lengths Bernanke and his fellow puppets would go to in order to save their Wall Street owners and corporate, political and media parasites reliant upon the ongoing Ponzi debt scheme being sustained…I will also no longer overestimate the ability of the American populace to see through…
Source – unz.com – “…Big Tech is permitted to petition The State for permission to import The World at a price heavily subsidized by the disenfranchised American taxpayer. Through government immigration policies, a ceaseless demand for housing has been generated.” Homeless In Seattle, Part 2: Tech Sucks the Soul Out of the City – By…
Source – unz.com – “…Big Tech is permitted to petition The State for permission to import The World at a price heavily subsidized by the disenfranchised American taxpayer. Through government immigration policies, a ceaseless demand for housing has been generated. How can such an artificial market—designed to sate the global corporation’s insatiable lust for high-tech…
Source – journal-neo.org – “…The Great Depression…was brought on by an economy bloated with debt and easy money during the Roarin’ Twenties boom. Hoover was blamed and lost re-election to Democrat FDR with his New Deal. Behind all were the actions of the Federal Reserve, the real power. Soon it will be clear if 2020…
Source – oftwominds.com – “…The primary prop under stock valuations are corporate buybacks, which total in the trillions of dollars since the 2008-09 Global Financial Meltdown and the Fed’s “rescue of the rich,” which continues to this day. Rather than risk capital in productive investments, U.S. corporations have borrowed trillions of dollars and used the…
Source – naturalnews.com – “…The success of its hepatitis C franchise has gradually exhausted the available pool of treatable patients,” the analyst wrote. “In the case of infectious diseases such as hepatitis C, curing existing patients also decreases the number of carriers able to transmit the virus to new patients, thus the incident pool also…
Source – charleshughsmith.blogspot.com – “…Soaring taxes, decaying services, declining business, rising insecurity and stubbornly high costs all feed on each other…Each of these dynamics reinforce the others…And that’s how pricey urban meccas turn into ghost towns” Could Pricey Urban Meccas become Crime-Ridden Ghost Towns? – By Charles Hugh Smith As the exodus gathers momentum, all…
Source – riggedgame.blog – “…The Federal Reserve Bank of New York first initiated its emergency overnight loans to Wall Street this year on Tuesday, September 17…But after the demand for the first 14-day loan was more than double the $30 billion offered, the New York Fed boosted the next term loans to $60 billion and…
Source – economicprism.com – “…In a world with $17 trillion in negative yielding debt and asset prices – including U.S. Treasuries – bubbled up beyond comprehension, the Fed has fabricated a financial system that’s reliant on extreme central bank intervention to remain solvent. Over the last two weeks the Fed has pumped hundreds of billions…
Source – zerohedge.com – “..The point of no return was already surpassed when Central Bankers decided to respond to the 2008 global financial crisis with the creation of endless amounts of dollars, euros and yen, and that there could be no “losing control” when the entire Central Banker strategy was built upon destruction of all…
Source – riggedgame.blog – “…The worst of it is that regulators on neither side of the pond have seen fit to rein in the dangerous interconnections that Deutsche Bank has as a major derivatives counterparty with mega banks on Wall Street as well as other European banks…After a $354 Billion U.S. Bailout, Germany’s Deutsche Bank…
Source – nomiprins.com – “…The financial crisis of 2008 initially fostered a policy of bailing out banks with cheap money that went not into Main Street economies but into markets enriching the few. As a result, large numbers of people increasingly felt that they were being left behind and so turned against their leaders and…
Source – nakedcapitalism.com – “…The rate of deforestation in the Ecuadorian Amazon is reaching approximately 0.7% annually, while in Brazil it is only around 0.2%. So, the idea that only Bolsonaro is destroying the Amazon is obviously a hasty and simplistic one. Clearly, the problem with the depredation of the Amazon and, in general, of…
Source – econimica.blogspot.com – “…When population growth among the consumer nations has turned to population decline, the consumers of 75% of total global energy (and likewise global exports) are turning to ZIRP, NIRP, and unrepayable debt loads to maintain an unreal, synthetically achieved rate of growth…the weaker the basis of economic activity, the greater the…
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