Family Dumpster

July 12th, 2014

On Thursday, Family Dollar Stores, Inc. (FDO) reported a sharp drop in profits, and said they would close 370 stores. When people can’t afford to shop at Sears anymore, they go to Walmart. When they can’t afford Walmart, the go to Family Dollar. But what is the next step down? Family Dumpster.

Now that the multinationals have off-shored the American middle class, the big question is: can they devise a way to monetize dumpster diving. Perhaps they can. I notice that dumpsters are no longer left unattended out back. Now they are enclosed in brick buildings. Maybe during the small hours of the morning, a sales rep from Family Dumpster could open the buildings and charge homeless people a fee to spelunk the dumpsters. I can hear the greeters now: “Welcome to Family Dumpster!”

But seriously, people who have been expelled from the capitalist economy against their will have another option: sharing. For example, if you have no job, but own a house, you can now generate income with the help of There are now such companies for sharing every conceivable thing from baby clothes to cars. And they are growing. Fast. And taking market share from capitalist incumbents.

An Airbnb IPO would probably see the company with a market-cap larger than Hyatt Hotels (H). And it would be poetic justice. As I reported in my book, companies like Hyatt are notorious for breaking unions, firing American workers, and replacing them with desperate immigrants at minimum wage – and then working those immigrants like Alaskan sled dogs. Now, former hotel workers are striking back and taking market share via Airbnb.

Ladies and Gentlemen. What we are seeing is nothing less than the suicide of capitalism. And let the record show that the American people did not turn their back on capitalism. It was international capitalists who turned their back on the American people. Turns out, allowing a fat, drunken, incompetent (David Rockefeller) to design the global economic system wasn’t such a good idea after all. Who knew?

Note: Here are some more sharing companies: Couchsurfing, RelayRides, Getaround, Liquid, Lending Club, Fon, SideCar, Poshmark, Neighborgoods.

Big Oil’s Revenge on Baghdad

June 29th, 2014

The fate of the Shiite regime that we installed in Baghdad was probably sealed back in 2009 during a televised oil auction at the Al-Rashid Hotel. The Iraqis took bids to see which oil companies would get contracts to pump Iraqi oil.

ExxonMobil shocked the audience with an astoundingly low bid. The giant company was willing to accept a mere $4.80 per barrel. But the audience was stunned again when the Ministry of Oil announced that the maximum they would pay was $2.

Can you imagine the audacity? Here we had just kindly destroyed their country, and now they were sticking it to us on oil profits. The bastards!

Which is, I’m sure, how the discussions went in the boardrooms of Big Oil. A couple of years later, ExxonMobil struck back. As I wrote in my book:

“In early 2012, ExxonMobil confirmed that they had signed an exploration and production deal with Iraq’s Kurdistan Regional Government. The Kurds are in defiance of Baghdad, and the deal has infuriated the Iraqi government. ExxonMobil has sided with the Kurds because they are easier to do business with, and if Baghdad doesn’t change its tune they just might get invaded again!”

And whoops! Baghdad is now under siege by Sunnis. Note to Maliki: payback’s a bitch.

(Am I a prophet or what? Obviously, you should buy my book immediately.)

Further evidence that we have turned our back on the Shiites is that we are doing virtually nothing to help them fight ISIS while Vladimir Putin has sent five Sukhoi fighter jets to Baghdad.

And you don’t have to take my word for it. Back in January, the Telegraph reported that the USA had given its seal of approval to ISIS.

Obama is telling Maliki: “We can do this the easy way or the hard way. You can step down and make way for a more pliable puppet, or Baghdad can burn.”

So far, Maliki is choosing the hard way.

“American Exceptionalism” is the Marketing Slogan of the Military Industrial Complex

June 22nd, 2014

It looks like our conquest of Iraq didn’t take. So, will we spend another trillion dollars, and thousands of lives to secure Iraq’s oil fields for Big Oil? One way to tell if such a plan is in the works is if media shills start shrieking about “American Exceptionalism” which is the marketing slogan of the military industrial complex.

Small wars, such as in Yemen, can be conducted with informing the American people. But larger wars still need to be sold, and as Eric Bernays taught us, wars are sold just like corn flakes or deodorant.

“American Exceptionalism” ranks right up there with Tony The Tiger’s “They’re G-r-r-r-eat!” and “By Mennen.”

Or, “Co-stanza.”

Alex Jones and the Big Lie

June 7th, 2014

If you are one of the millions enthralled by Alex Jones, you need to ask yourself why your savior tells you so many lies. During nearly every podcast, Jones can be heard attacking “the private, run-for-profit, Federal Reserve Bank.” (For an example, see the 1/30/2014 episode at the 2:12:05 mark.)

Does Alex Jones know that the Fed turns over its profits to the U.S. Treasury – some $79.6 billion in 2013? Yes, of course he does.

Does Alex Jones know that the President appoints the chairman of the Fed, and that the chairman must be confirmed by the Senate? Yes, of course he does.

So why does Jones lie about the Fed? Answer: because he is a propagandist, and like Goebbels, Jones knows how effective the Big Lie can be. He also must believe that his thralls aren’t too bright.

Ironically, Ben Bernanke’s Fed was the only institution in Washington that wasn’t under the thumb of the globalists that Jones professes to hate so much. In fact, if the truth were known, it was probably the globalists who got Obama to fire Bernanke because of his historic “China Speech” and his subsequent quantitative-easing programs that put so much pressure on the globalists and their Chinese partners.

What did Jones do while Bernanke was roughing up the globalists? He was telling lies about the Fed, and even conducting street protests. The globalists must have enjoyed the ridiculous antics of their useful idiot.

Asian mercantilism, backed by the multinationals, is the heaviest boot on America’s neck. Ben Bernanke and the Fed did a million times more to remove that boot than Alex Jones ever will.

Note: Bernanke’s QE put heavy pressure on the yuan-dollar currency peg that the Chinese/Multinatinals have imposed upon the USA. To learn how that works, read my book.

What is the Agenda of the “No Agenda” Podcast?

June 7th, 2014

While John C. Dvorak and Adam Curry claim that their “No Agenda” podcast doesn’t have a political agenda, all that you need to do is listen to the beginning of episode #623 – “Fact Pattern” – from June 5, 2014.

It is thirty-two solid minutes of what amounts to a Koch Brothers infomercial.

That’s all that you need to know about the show. If you are a knucklehead libertarian who wants to destroy the federal government and pave the way for direct rule by oligarchs, then you will love it.

People seeking actual knowledge should look elsewhere.