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When Democracy Dies

by Mitch Feierstein about 3 months 1 week ago

Planet Ponzi – the massive build-up of debt, the total loss of political transparency – had caused multiple casualties across the world. The failure of banks, the huge rise in government debt, the failure of business, the loss of jobs, the pressure on real incomes – all these things stem from the same dark causes. […]

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17

Welcome to Planet Ponzi

by Mitch Feierstein about 3 months 1 week ago

You know that scene in Mr. Smith Goes to Washington? The one where the good guy, Jimmy Stewart, stands up in the Senate protesting the graft and corruption he sees all around him. He’s not as smart as the other Senators. He was only elected by accident and knows that he’s not properly qualified to […]

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19

What Is a Ponzi Scheme?

by Mitch Feierstein about 3 months 2 weeks ago

A Ponzi Scheme applies to any investment scheme where the promoter offers crazy returns to attract investors. If you invest your money in such a scheme, you might even get it back – plus some crazy rate of interest – as long as there’s still a flood of money from new investors. But the scheme […]

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The majority of Americans believe in the US Constitution, family values, and the rule of law. Unfortunately, forty years of neoliberal politics and academic indoctrination have spawned a movement of entitled, spoiled, social justice warriors (SJWs) claiming to be diverse, tolerant, accepting and inclusive. Once someone disagrees with these SJWs’ ideological viewpoints, the SJWs become […]

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60 million Americans have lost faith in their electoral process and their trust in government. The majority of Americans are disgusted by politicians, the government and the media telling them what to think while force-feeding them a steady diet of propaganda, lies, and excuses. New York: The US Justice Department (DOJ) is responsible for ensuring the […]

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Can hydroxychloroquine (HCQ) be a treatment option for Covid-19, or should it be banned? You and I may never know, because Google, Twitter and Facebook are censoring science & information on physicians’ treatments for the virus. Earlier this week, the Big Tech giants removed a viral Breitbart video featuring America’s Frontline Doctors, who promoted HCQ both as a preventive […]

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Facebook has spent $130 million setting up a so-called “independent content oversight board” – but its make-up shows that nothing will change about the tech giant’s sinister use of mass surveillance and censorship. Facebook’s market capitalization is close to $700 billion and its primary businesses are publishing, advertising and data collection. During the global lockdown, […]

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Silicon Valley’s algorithms are controlling your cognitive map, and Congress is letting it happen. Covid-19 is providing the perfect cover to bolster that control — just in time for the 2020 election. Neoliberalism was the perfect cover for oligarchs to unleash ideological warfare to protect the billions they’ve plundered from taxpayers.Trillions of dollars flowed into […]

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To anyone doubting the Covid-19 bailouts will line executives’ pockets, American Airlines CEO Doug Parker says he’ll “find a way around” the rules against it. This after making $150 million while AAL’s stock plummeted 70%. Stock buybacks are the ultimate vehicle of self-enrichment. Consider the following as a ‘case study’ of Wall Street’s legal fraud. […]

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0

Plebs pay 37% on credit card debt as elites enjoy a Covid-19 payday

by Mitch Feierstein about 11 months 1 week ago

As the Covid-19 pandemic destroys incomes, the middle class is forced to pay exorbitant credit card rates. How much longer are the debt-serfs willing to get fleeced by bankers and politicians brain-frozen on designer ice cream? The repeated rinsing of taxpayers has hollowed out the UK and US middle class, and  continued polarization will surely […]

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