The Next Step in Social Security’s Ponzi Scheme
Social Security is now a “bad deal” for current and future recipients
Tag: ponzi
Godfrey Bloom MEP: Bankers need to be jailed; the whole system is a scam
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‘Captured regulators, impunity behind HSBC’s decision to keep HQ in London’ – experts
‘HSBC’s decision to keep its headquarters in the UK is unsurprising because British regulators are captured and the City of London is the world’s leading center of financial crime, ethical finance experts have said. British-born whistleblower Nicholas Wilson, who claims to have uncovered evidence of HSBC fraud amounting to £1 billion ($1.43bn), says the bank’s […]
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Pharma scam executive Martin Shkreli goes totally insane on Twitter … claims to be a GOD with anal AIDS
‘After being arrested by the FBI on fraud charges in December, 32-year-old pharmaceutical executive Martin Shkreli appears to be going clinically insane. Over the summer, Shkreli and his hedge fund company Turing Pharmaceuticals were exposed after he outrageously jacked up the price of a 70-year-old drug. Overnight, Shkreli the con artist raised the price of […]
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Joe Stiglitz: The Dangerous Economic Thinking That’s Killing Greece and Threatening the European Union
‘On August 18, Nobel laureate Joseph Stiglitz joined Harper’s Magazine deputy editor Christopher Beha at Book Culture in New York to discuss the Greek financial crisis. In Stiglitz’s view, the latest bailout not only ensures that the country’s depression will worsen, but undermines the entire European project. Bad economic ideas inflict untold human suffering. When […]
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Texas Launches Gold-backed Bank, Challenging Federal Reserve
‘The State of Texas is setting up a gold-backed bank that will allow depositors to bypass the controversial Federal Reserve System and its fiat currency in banking and commerce, according to the state representative who authored the recently enacted law. Under the measure, passed overwhelmingly by lawmakers and signed in mid-June by Republican Governor Greg […]
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US Shale Oil and Gas Industry is a Ponzi Scheme Facing Collapse
‘The mainstream media keeps churning out good news stories about the booming shale oil and gas industry in the United States. Apparently, the fracking industry is going to lead to America becoming the next Saudi […]
The War on Cash: Transparently Totalitarian
‘While the forces pushing for centralization of power have been prevailing for decades, they haven’t won a total victory yet. Technologies that empower the individual and that tend toward decentralization—including the Internet, encryption, 3D printing, […]