Everyone from the Fed bank of San Francisco to Kiplinger’s is saying that we may have a “jobless recovery”. Continue reading
Tag Archives: rich
Our Economy Is Going to Keep Tanking Until We Stop Shoveling Billions to Rich People
For the past eight months, we have been a nation focused on bailouts and bankruptcies. For the past ten years, we have been a nation ignoring massive wealth transfer and wealth concentration through a rigged Wall Street. Continue reading
Understanding Money and War – Part I
The privately owned Bank of England was organized in 1694. Soon, other privately-owned central banks developed in other parts of Europe. With their presence, it meant that the money of the nations involved was placed into the hands of private people who were answerable to no one. Yet, if the public became concerned over their money, and there was a run on the bank, the governing politicians/kings would be blamed and hung and not the bankers. This was a perfect scam to rip off and steal from the people. Continue reading
The System is designed to exert Total Control over the Lives of Individuals
What impresses me in the current financial crisis is the near-total failure of so-called progressives to appreciate the magnitude of what is going on or the level of intelligence behind it. How many will say, for instance, that the crash was deliberately engineered by the creation, then destruction, of the investment bubbles of the last decade? Continue reading
Lockeing Up Leviathan
Like any carnivorous beast, Leviathan has a ravenous appetite, but it differs in that its appetite is never satisfied and it has even been known to eat itself to death. Leviathan’s only and favorite staple is, of course, taxes. Continue reading
The Clock Ticks Towards Financial Judgement Day
America is no longer a republic. It has degenerated into a system where the rich run the country by having purchased all of our political institutions. As a result Americans have become sheeple who are being terrorized by the ruling illuminist class. Continue reading
Biden Son and Brother Near Epicenter of Two Ponzi Schemes
It’s now public, Francesco Rusciano of Ponta Negra has formally had his assets frozen by a Federal Judge at the request of the SEC. Continue reading
Total Enslavement: Government Hits British Middle Class With 50% Tax Rate
Note: The average house price in the UK is above £150,000. The average wage is around £25,000 a year. For people to attain “middle class” status by actually owning their own “average” home and not being mired in mortgage debt, it would take them over 30 years – and that’s if they were able to save 20% of their income each year, before tax. These people cannot be considered “middle class” – by every reasonable measure they are poor. Continue reading
America is Being Looted
I have long been a cynic of the bailouts, and, unfortunately, I cannot detect even the slightest sliver of daylight between the prior and current administrations. The reason, I fear, is captured by this quote from Simon Johnson, the former Chief Economist at the IMF and current professor at MIT’s Sloan School of Management:
The crash has laid bare many unpleasant truths about the United States. One of the most alarming, says a former chief economist of the International Monetary Fund, is that the finance industry has effectively captured our government
94 Years of Serfdom – Paul Craig Roberts
This April 15 is the 94th year that Americans have had to file an income tax. For most Americans, the day is a non-event. The federal and state governments have already collected the taxes due by withholding from each paycheck over the course of the calendar year. Most Americans never saw the money and have no real idea that they earned it. Continue reading
How Freedom Was Lost – Paul Craig Roberts
Americans no longer know what freedom is. Historically, the definition of a free person is one who owns his own labor. Serfs and slaves were not free, because they do not own all of their own labor. Continue reading
Obama’s Attack on the Middle Class – Paul Craig Roberts
Obama and his public relations team have made it appear that his trillion dollars in higher taxes will fall only on “the rich.” Obama stresses that his tax increase is only for the richest 5 percent of Americans while the other 95 percent receive a tax cut. Continue reading
Now As The Much Greater Depression Progresses
For once we can thank the criminal miscreants in the gold cartel for all their suppressive efforts. As they buy time for themselves so they can bail out of dollar-denominated paper assets and roll the proceeds over into gold, silver and other real tangible assets on the cheap via the scheme we have referred to often as the Big Sting Two, they are also letting everyone else in the general public have more time to learn about gold and silver while precious metals are still affordably priced. Continue reading
MSM: Chavez sends army to rice plants
“I have ordered the immediate intervention in all those sectors of agro-industry, intervention by the revolutionary government,” he said.
“This government is here to protect the people, not the bourgeoisie or the rich.” Continue reading
Video: Brzezinski’s Fear – Class Warfare and Destruction of the New World Order
Making an appearance on the Morning Joe television show, the Rockefeller globalist Zbigniew Brzezinski said it is high time the rich who have made billions since the days of the Clinton administration help out the poor and struggling masses. Said Brzezinski: Continue reading
Revolution For The Rich
Yes it is socialism at last. America, the great free enterprise, every man for himself, empire has at last gone and dumped capitalism. Socialism has now taken hold in the USA!
At least for the rich it has. Yes we now have socialism for the rich in America – and capitalism for everyone else. Continue reading
Globalist Ultimatum: Pay up or Collapse
There’s going to be no end of controversy over the bailout of Fannie Mae and Freddie Mac.
On September 9, 2008, CNBC’s popular financial show “Squawk Box Europe” interviewed Jim Rogers (CEO of Rogers Holding) on his view of the government takeover of Fannie and Freddie:
“You can see that this is welfare for the rich. This is socialism for the rich. It’s bailing out the financiers, the banks, the Wall Streeters… This is outrageous. Who are these people who are taking our money and doing this and ruining America?” Continue reading