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Tens Of Millions Of People Displaced By The ‘War On Terror’, The Greatest Scam Ever Invented

Tens Of Millions Of People Displaced By The ‘War On Terror’, The Greatest Scam Ever Invented

new report from Brown University’s Costs of War project has found that at least 37 million people have been displaced as a result of America’s so-called “war on terror” since 9/11, a conservative estimate of a number that may actually be somewhere between 48 million to 59 million.

That number, “at least 37 million”, happens by pure coincidence to be the exact same number of Americans reported to suffer from food insecurity because their government spends their wealth and resources killing and displacing people overseas.

This inconvenient revelation, which was actually reported on by The New York Times for once, is causing conniptions for all the right people, with The Washington Post‘s neoconservative war propagandist Josh Rogin ejaculating, “The @nytimes should be ashamed for running this as ‘analysis.’ Blaming the U.S. for the displacement of 7 million Syrians is crazy and dishonest. Way to launder anti-American propaganda.”

Sure Josh, it’s not like the extremist forces who flooded Syria with the goal of toppling Damascus were backed by the US and its allies and sprung into existence as a direct result of the regional destabilization caused western interventionism in the name of fighting terror. Oh wait no that’s exactly what happened.

“This has been one of the major forms of damage, of course along with the deaths and injuries, that have been caused by these wars,” the lead author of the report David Vine told The New York Times. “It tells us that U.S. involvement in these countries has been horrifically catastrophic, horrifically damaging in ways that I don’t think that most people in the United States, in many ways myself included, have grappled with or reckoned with in even the slightest terms.”

…click on the above link to read the rest of the article…

The Economic “Reopening” Is A Fake Out

The Economic “Reopening” Is A Fake Out

How does one define an economic “reopening”? I think most people would say that a reopening means that everything goes back to the way it was before the crisis; or at least as close as possible.  Most people would also say that a reopening is something that will last.  Simply declaring “America has reopened” while keeping many restrictions in place in certain parts of the country is a bit of a farce.  And, reopening with the intention of implementing lockdowns again in a matter of weeks without explaining the situation to the public is a scam of the highest order.

For example, states like New York, California, Illinois and New Jersey have extended their lockdowns; with LA’s extension remaining ambiguous after they initially declared restrictions for another 3 months. New York’s lockdown is extended to the end of May (so far). This is the case in many US states and cities, while rural areas are mostly open. This is being called a “partial reopening”, but is there a purpose behind the uneven approach?

As I predicted in my article ‘Pandemic And Economic Collapse: The Next 60 Days’, the restrictions will continue in major US population centers while rural areas have mostly opened with much fanfare. The end result of this will be a flood of city dwellers into rural towns looking for relief from more strict lockdown conditions. In about a month, we should expect new viral clusters in places where there was limited transmission. I suggest that before the 4th of July holiday, state governments and the Federal government will be talking about new lockdowns, using the predictable infection spike as an excuse.

…click on the above link to read the rest of the article…

BIGGEST BREAKTHROUGH IN ENERGY: Petroteq Losses Nearly 90% Of Its Value Since Last Report

BIGGEST BREAKTHROUGH IN ENERGY: Petroteq Losses Nearly 90% Of Its Value Since Last Report

Every day a new sucker is born.  That’s precisely why companies like Petroteq exist.  Since I exposed Petroteq back in March 2018, the company has lost nearly 90% of its value.  However, that hasn’t stopped the company from issuing new stock and racking up millions of dollars in funds to keep the scam alive.

I call Petroteq… the GIFT that keeps on TAKING.

Over the past year and a half, I have received several emails from followers or individuals who saw my article and asked if Petroteq was a good investment.  I gather my article published on March 16th, 2018 didn’t provide enough information to “Educate” the individual on why Petroteq was a crappy company.

So, I decided it was best to do an update or PART 2 on the disaster called Petroteq.

Again, back in March, I posted this article on Petroteq, BIGGEST BREAKTHROUGH IN ENERGY:  Investor Warning

If you haven’t read the article, I would recommend it. I am not going to rehash the information that I wrote back in March 2018, but what I am going to do is to show that this company continues to BAMBOOZLE INVESTORS even though the stock price is heading to ZERO.

I first came across the company from an article “TEASED” on Oilprice.com about a new technology that claims to produce oil at $20 a barrel.

Clean Oil That Only Costs $20

At first, I didn’t know what to think about this company because why would the editor in chief at Oilprice.com, James Stafford, publish this on their website if the company wasn’t legit?  However, after a bit of research, I found out that Petroteq was nothing more than your typical RUN-OF-THE-MILL Stock scam.

…click on the above link to read the rest of the article…

The Company Store

The Company Store

Leaves almost nothing to live on

In the song Sixteen Tons by Merle Travis (and made famous by Tennessee Ernie Ford), the idea of the ‘company store’ referred to a system of debt bondage that effectively trapped workers within an unfair system designed to harvest all of their labor at very low cost.

You load sixteen tons, what do you get?

Another day older and deeper in debt

Saint Peter don’t you call me ’cause I can’t go

I owe my soul to the company store

       Sixteen Tons – Merle Travis

How exactly did the company store system operate?

Under a scrip system, workers were not paid cash; rather they were paid with non-transferable credit vouchers that could be exchanged only for goods sold at the company store. This made it impossible for workers to store up cash savings.

Workers also usually lived in company-owned dormitories or houses, the rent for which was automatically deducted from their pay.

(Source – Wiki)

This model was simple enough to understand.  “Pay” your workers with scrip vouchers, then sell them your marked up goods at the company store, pocketing a nice profit. On top of that, force your employees to live in company housing, too,  also at terms very favorable to the company.

Add it all up and the workers found themselves in perpetual service to their employer. No matter how hard and long they toiled, there was nothing left for their own private benefit after all was said and done.  The company succeeded in skimming off any and all  ‘excess’ for itself.

This vast unfairness eventually led to the formation of unions as well as to regulations providing protection to the workers.

 …click on the above link to read the rest of the article…

Global Warming A “Hoax And Scam” Pushed By Greedy Government Scientists: Greenpeace Co-Founder

Global Warming A “Hoax And Scam” Pushed By Greedy Government Scientists: Greenpeace Co-Founder

The co-founder and former president of Greenpeace, Patrick Moore, says that climate change is a “complete hoax and scam,” which has been “taking over science with superstition and a kind of toxic combination of religion and political ideology.” 

Moore, who recently made headlines for calling Rep. Alexandria Ocasio-Cortez a “pompous little twit” and “garden-variety hypocrite” on climate change, sat down with SiriusXM’s Breitbart News Tonight with hosts Rebecca Mansour and Joel Pollak.

The Greenpeace co-founder’s message echoes that of John Coleman, the late Weather Channel founder who called global warming “the greatest scam in history.” 

Moore told Breitbart how fear and guilt are driving the climate change argument, reports Breitbart News

Fear has been used all through history to gain control of people’s minds and wallets and all else, and the climate catastrophe is strictly a fear campaign — well, fear and guilt — you’re afraid you’re killing your children because you’re driving them in your SUV and emitting carbon dioxide into the atmosphere and you feel guilty for doing that. There’s no stronger motivation than those two.

LISTEN: 

According to Moore, the climate change movement has co-opted and corrupted politicans and bureaucracies in order to exert further control over people, Moore explained – noting that “green” companies only exist on the back of taxpayers. 

And so you’ve got the green movement creating stories that instill fear in the public. You’ve got the media echo chamber — fake news — repeating it over and over and over again to everybody that they’re killing their children, and then you’ve got the green politicians who are buying scientists with government money to produce fear for them in the form of scientific-looking materials, and then you’ve got the green businesses, the rent-seekers and the crony capitalists who are taking advantage of massive subsidies, huge tax write-offs, and government mandates requiring their technologies to make a fortune on this, and then of course you’ve got the scientists who are willingly, they’re basically hooked on government grants.

 …click on the above link to read the rest of the article…

60 minutes promotes what is probably a cellulosic biomass scam on 2019-1-6

60 minutes promotes what is probably a cellulosic biomass scam on 2019-1-6

On January 6, 2019, 60 Minutes had a segment on an amazing biofuels breakthrough invention by Marshall Medoff, an “81-year old eccentric with no science degree” (watch the video or read the transcript here).

His stunning innovation has won over many famous board members, such as Steven Chu, the former Secretary of Energy, as well as Shell Oil executive Sir John Jennings, George Shultz, former secretary of state and former defense secretary, William Perry.

Medoff’s company, Xyleco, has also garnered hundreds of millions of dollars from investors impressed with his inventive use of accelerators. Sixty minutes describes this as his “novel idea of using these large blue machines called electron accelerators to break apart nature’s chokehold on the valuable sugars inside plant life – or biomass”.

But wait!  There are thousands of research papers going back as far as Imamura (1972) about using electron accelerators to break down lignocellulosic biomass. This is done to create more surface area for the next step, in Xyleco’s case, enzymes to break down the cellulose further.  Other ways biomass can be shattered are milling, chipping, shredding, grinding, and pyrolysis.

But all of these are highly energy intensive methods.  In fact, one paper thought that electronic beams were probably economically infeasible (Saini 2015).

This plant is also likely to fail because all other commercial level cellulosic ethanol plants have gone out of business. Only one plant still exists, POET’s $275 million Emmetsburg, Iowa facility, with a capacity of 25 million gallons per year.  I can’t find out how much was actually produced there, but even if all 25 million gallons were made, that is a far cry from the 8.5 billion gallon cellulosic ethanol mandate of 2007, which will be reduced to 418 million gallons in 2019 because cellulosic ethanol is clearly not commercial yet (Rapier 2018).

…click on the above link to read the rest of the article…

IMF Reveals That Cryptocurrency Is The New World Order End Game

IMF Reveals That Cryptocurrency Is The New World Order End Game

There are two kinds of globalist schemes: First, there are the schemes they spring on the public out of nowhere haphazardly in the hopes that the speed of the event along with some shock and awe will confuse the masses and make them psychologically pliable. This strategy loses effectiveness quickly, though; the longer the plan takes to implement, the more time the people have to reconsider what is actually happening and why.

Second, there are schemes they slowly implant in the collective psyche of the citizenry over many years, much like subliminal messaging or hypnosis. This strategy is designed to make the public embrace certain destructive ideologies or ideas as if these ideas were their own.

The cryptocurrency scam is of the second variety.

I have been suspicious of the cryptocurrency narrative of a “decentralized and anonymous monetary revolution” since 2009, when I was first approached by people claiming to be “representatives” of bitcoin and asked to become a promoter of the technology. After posing a few very simple questions and receiving no satisfactory answers, I declined to join the bandwagon or act as a frontman.

The “currency” was backed by nothing tangible (and no, math is not a tangible resource). Anyone could create a cryptocurrency out of thin air that had attributes identical to bitcoin, therefore there was no intrinsic value to the technology and nothing stopping the creation of thousands of similar currency systems, eventually making bitcoin worthless. The scarcity argument for crypto was fraudulent. And, in the event of a grid down or an internet lock-down scenario (as has occurred in the past in nations under crisis), crypto was useless because the blockchain ledger was no longer accessible.

…click on the above link to read the rest of the article…

Pushing Past the Breaking Point

Schemes and Shams

Man’s willful determination to resist the natural order are in vain.  Still, he pushes onward, always grasping for the big breakthrough. The allure of something for nothing is too enticing to pass up.

From the “displays of disbelief, revealing touching old-fashioned notions” file… [PT]

Systems of elaborate folly have been erected with the most impossible of promises.  That prosperity can be attained without labor.  That benefits can be paid without taxes.  That cheap credit can make everyone rich.

Central to these promises are the central government and central planning authorities.  They take your money and, in return, they make you a dependent.  They promise you a secure retirement, and free drugs, while running a scheme that’s well beyond anything Charles Ponzi ever dreamed of.

According to the government’s statistics, the economy has never been better.  By the official numbers, we’re living in a magical world of full employment, 2.3 percent price inflation, and the second-longest growth period in the post-World War II era.  Agreeable reports like these are broadcast each month without question.

Still, we have some reservations.  How come, with the nirvana of full employment, 62 percent of all U.S. jobs don’t pay enough to support a middle class life?  An economy with full employment should be an employee’s market; one where employees can name their price.

Surely, workers would select a middle class life if they could.  But they can’t… because full employment is a sham.

Left: Charles Ponzi back in his heyday. Right: the almost free lunch, a.k.a. the no free lunch theorem ATM [PT]

An $8 Trillion Purge

…click on the above link to read the rest of the article…

 

What Kind of Hyper-Enthusiastic Market is this that Blindly Keeps Pursuing Scams to Make a Fortune Overnight, even if They Already Crashed the First Time?

What Kind of Hyper-Enthusiastic Market is this that Blindly Keeps Pursuing Scams to Make a Fortune Overnight, even if They Already Crashed the First Time?

It’ll take many more sell-offs and the collapse of many more iffy stocks before this hyper-enthusiasm, after nine years of central bank nurturing, is finally wrung out of the market.

Shares of “blockchain” company LongFin (LFIN) plunged 17% today to $14.31, the sixth trading day in a row of plunges. Intraday on Friday, March 23, shares still traded at $73. The astonishing thing isn’t that they’ve plunged 81% over those six trading days, but that they had more than doubled over the prior two weeks, and that they’re still trading above penny-stock status to begin with.

LFIN started trading on December 13, following their IPO. On December 15, LongFin announced – with what I called it “a mix of gobbledygook, hype, and silliness” – that it had acquired a “Blockchain-empowered solutions provider,” namely a website that belonged to a Singapore corporation that is 95% owned by Longfin’s CEO and chairman.

Though neither the announcement nor the transaction passed the smell-test, shares skyrocketed 2,700% to an intraday high of $142.55 on December 18, giving it a market cap of $7 billion and making it the role model for a bevy of other “blockchain” companies. Then, as stock jockeys grappled with reality, shares plunged. As did the shares of other “blockchain” companies.

But then on March 12, it started all over again, when index provide FTSE Russell announced that LongFin would be added to some of its indices, including the widely-tracked Russell 2000, effective March 16:

Then all kinds of things happened.

On March 26, short-seller Citron Research tweeted: “If you are fortunate enough to get a borrow, indeed $LFIN is a pure stock scheme. @sec_enforcement should not be far behind. Filings and press releases are riddled with inaccuracies and fraud.”

…click on the above link to read the rest of the article…

 

How Much Longer Can We Get Away With It?

How Much Longer Can We Get Away With It?

Alas, fakery isn’t actually a solution to fiscal/financial crisis..
This chart of “debt securities and loans”–i.e. total debt in the U.S. economy–is also a chart of the creation and distribution of new money, as the issuance of new debt is the mechanism in our financial system for creating (or “emitting” in economic jargon) new currency: when a bank issues a new home mortgage, for example, the loan amount is new currency created out of the magical air of fractional reserve banking.
Central banks also create new currency at will, and emitting newly created money is how they’ve bought $21 trillion in assets such as bonds, mortgages and stocks since 2009. Is there an easier way to push asset valuations higher than creating “money” out of thin air and using it to buy assets, regardless of the price? If there is an easier way, I haven’t heard of it.
Which brings us to the question: how much longer can we get away with this travesty of a mockery of a sham? How much longer can we get away with creating “money” by issuing new debt/liabilities to grease the consumption of more goods and services and the purchases of epic bubble-valuation assets?
Since humans are still using Wetware 1.0 (a.k.a. human nature), we can constructively refer to the Roman Empire’s experience with creating “money” with no intrinsic value. The reason why the Roman Empire (Western and Eastern) attracts such attention is 1) we have a fair amount of documentation for the period, something we don’t have for other successful empires such as the Incas, and 2) we’re fascinated by the decline and collapse of the Western Empire, a structure so vast and successful that collapse seemed impossible just a few decades before the final unraveling.
One of the books I’m currently enjoying is The Fate of Rome: Climate, Disease, and the End of an Empire, a new exploration of the impact of climate change and pandemics on the Roman Empire’s final few centuries.

…click on the above link to read the rest of the article…

Beware the Green Corporate Scam: the 100% Renewable Façade

Beware the Green Corporate Scam: the 100% Renewable Façade

A few months ago, Google announced that they will achieve their goal of being 100% powered by renewable energy in 2017 [1]. They are not the only corporation with such lofty goals. Google is joined by GM, Apple, Coca Cola, and more than one hundred companies who have also pledged to go “100% renewable” [2].

It would be easy to believe that this means a great victory for the planet, that the demise of fossil fuels is incoming, that environmentalism has won and that climate change will soon be a thing of the past. Yet the foul smell emerging from tax-dodging transnationals jumping all together into a bandwagon cannot be ignored.

Despite their claims, none of the companies in the RE100 list is actually going to receive all of its energy from renewable sources. The “100% renewable” label is a façade, a marketing gimmick used by corporations to pretend they are the good guys while their unfettered thirst for profits continues unopposed. This corporate lie is enabled by the abuse of Renewable Energy Certificates (RECs) which allow companies to buy their way into “green” without having to change any of their practices. Here is Google’s actual claim:

“Google will buy, on an annual basis, the same amount of MWh of renewable energy as the MWh of electricity that we consume for our operations around the world” [3].

Behold the magic of the RECs. When a renewable energy facility creates one MWh of energy, it not only creates electricity, it also gets a certificate, a REC, which states that one MWh of clean energy was created. The REC can then be sold, either together with the electricity or separate from it.

…click on the above link to read the rest of the article…

A Generational Storm Is Coming

A Generational Storm Is Coming

Dear Diary,

Yesterday, we began our high-minded graduation speech to the Class of 2015.

We explained how the young graduates were not only the most heavily indebted in history, but also the least likely to be able to pay their debts.

Median wages have been going down since these graduates were about five years old… So have economic growth rates.

Today, we continue the speech no one wants us to give…

 

You are heirs to claptrap, nonsense, bogus theories, and trillions of dollars in debt.

The systems, programs, and institutions your parents set up are mostly worthless scams. Worse, they produce outcomes contrary to their stated goals.

Welfare programs do not help people escape poverty; they keep them mired in it.

Health care programs do not make them healthy; they make them dependent on the drug industry.

Defense industry spending doesn’t make us safer; it funds drones, bumbling interventions, and assassinations… and it creates more foreign enemies.

We end up not only poorer, but also less secure.

All of those assertions take more time to explain and prove than we have time for now. But here’s a little example that you will appreciate…

25 Years of Poverty

Under President Johnson, the government set up the Federal Direct Student Loan Program to provide “low-interest loans” (back then, “low” meant 8%) to students.

Private lenders make the loans, but they receive the full backing of the feds.

The idea was to help you afford higher education… and earn larger salaries as a result. And with your increased earnings you were supposed to be able to pay off the loan.

But at over 11% of outstanding debt, the Student Loan Program now has the highest delinquency rate of all forms of household debt (mortgage loans, auto loans, credit cards).

 

 

…click on the above link to read the rest of the article…

 

 

Olduvai IV: Courage
In progress...

Olduvai II: Exodus
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