What's the most effective way to rip-off workers?

"Of all the contrivances for cheating the laboring classes of mankind, none has been more effective than that which deludes them with paper money." --Daniel Webster.

YOUR Inheritance??

"We used to pay off the mortgage and leave our kids the farm, now we mortgage the farm and leave our kids the payments." --L. Reichard White.

WHY did they DO that??

"Why did the founders include the following in the U.S. Constitution? -- "No State shall ... make any Thing but gold and silver Coin a Tender in Payment of Debts" --Article I, Section 10, Clause 1

Bombed into prosperity?

You CAN bomb people into prosperity -- the people who make the bombs get rich. --L. Reichard White, August 27, 2013, 04:12:25

"Unfettered Capitalism" - - -

"Unfettered Capitalism" = protected from competition -- usually by "regulation" -- (and/or subsidy) by a government. Otherwise "capitalists" are seriously fettered by "we the customers." Which is why the capitalists engineer protection -- usually by regulation -- (and/or subsidies) from a government.  --L. Reichard White, Saturday, July 20, 2013 10:54 AM

P.S. This is the ultimate result of what, when applied to bank bailouts, is called "moral hazard" as businesses learn how to get governments to underwrite their operations -- using taxpayers' money. 

Why not UNBANK?

Having money in a bank is like having a joint account with the government. --Dr. Amanda Kim Case, Sunday, May 26, 2013 10:19 AM

Why not unbank?

With protection like this, you need kevlar

One of the main repeating themes from U.S. Senators was, "We have to protect U.S. taxpayers from bailing out the banks again." Who was it that took your tax money and handed it to the banks the first time? The Senators are going to protect us -- from themselves? --L. Reichard White, Wednesday, June 13, 2012 1:42 PMon J.P. Morgan's Jamie Dimon testimony to the U.S. Senate Banking Committee (June 13, 2012)

THINK outside - - -

Think outside the banks - - - --L. Reichard White, Thursday, April 05, 2012 11:33 PM

Universal epitaph

Note that Fascism (crony Capitalism) creates an internal struggle between the politicians and their contributors (businesspersons). This creates the false impression with the public that business and government are adversaries. While the specific winners and losers may change the game remains the same. The only constant losers are the outsiders, e.g., the tax payers. How ironic that the taxpayers indorse the system, decade after decade, century after century, but not the result. Those who blame business are called liberals. Those who blame big gov are called conservatives. We are getting what we deserve. Few understand the root of the problem: centralized power is not controllable, constructive, or rational. Every civilization has been destroyed by it and we are in our last decades.  --Don Duncan, May 11, 2011

A complete reversal of fortune?

"We used to pay off the mortgage and leave our kids the farm, now we mortgage the farm and leave our kids the payments." --The unknown truth-teller

The KEY economic insight - - -

"Money" obeys The Law of Supply and Demand. --L. Reichard White, Wednesday, April 20, 2011 7:50 AM

Dear Uncle --- by the way - - -

Dear Uncle Sam, why did you borrow $14.3 trillion instead of paying cash? --L. Reichard White, Tuesday, April 19, 2011 9:17 AM

By the way, what are you going to do about the estimated $65 trillion Medicare for our older folks is going to cost you? 

Their Calculator doesn't go all the way to the top

The way the U.S. banker/government axis calculates unemployment, if things got so bad everyone gave up looking for work, the unemployment rate would be 0%.  No, I'm NOT making that up.  --L. Reichard White, Thursday, April 07, 2011 8:11 AM