Recession. Revolution. Recovery.

– Saturn Devouring His Son (image above) is the name given to a painting by Spanish artist Francisco Goya. It depicts the Greek myth of the Titan Cronus, who, fearing that he would be overthrown by one of his children, ate each one upon their birth.  Deny it all you want, but the global economy appears to be headed into recession. It became clear the … Read more

Welcome to the Recovery – Poultry Workers Claim They’re Denied Bathroom Breaks and Wear Diapers on the Job

More than any other group, the 1% has been convinced that the stock market represents some sort of leading indicator of wealth and prosperity.  Nothing could be further from the truth.  Sure, the stock market can function as such an indicator.  It is such an indicator when the rising stock market reflects a dynamic, capitalist … Read more

Welcome to the Recovery – 1 Out of 7 Americans (45.5 Million) Remain on Food Stamps

The following article from the New York Times is shameful in many ways. While the paper is forced to cover the undeniable fact that real wages for the lowest income Americans have plunged during the so-called “economic recovery” over the past six years, it fails to actually pin blame on the undemocratic, oligarch institution most responsible for … Read more

The Billionaire’s Pick – How Marco Rubio Has Become the Preferred Puppet for GOP Oligarchs

As much as I dislike all the leading candidates for President of these United States, there’s no one on the Republican side who disgusts me more than Marco Rubio. As concerning and hateful as so much of Trump’s commentary is, we can at least be sure he speaks from his own twisted mind. This is precisely why he appeals to … Read more

Welcome to the Recovery – Homelessness Amongst Students Doubles Since Before the Recession

How’s that recovery going for you? That’s what I thought. Here’s the latest data point from the ongoing oligarch crime spree shamelessly marketed to the masses as an “economic recovery.” From Five-Thirty-Eight: The number of homeless students in the country’s classrooms has more than doubled since before the recession, according to recently released federal data. That’s an … Read more

Census Data Proves It – There Was No Economic Recovery Unless You Were Already Rich

This is the perfect post for Fed day, where once again America’s Banana Republic central planning statists were too petrified to raise interest rates. The Fed has now missed the entire economic cycle without raising rates once. All you can do now is sit back, relax and wait for all hell to break loose. Recently … Read more

Welcome to the Recovery – Two Out of Five American Children Experience Poverty

The last seven years of American history will be remembered for the unprecedented oligarch crime scene that it is. Branding what has occurred during the Obama administration an “economic recovery,” represents little more than a vicious assault on human intelligence. I’ve spent a lot of time on these pages proving this to be the case, and … Read more

Use of Alternative Financial Services, Such as Payday Loans, Continues to Increase Despite the “Recovery”

Families’ savings not where they should be: That’s one part of the problem. But Mills sees something else in the recovery that’s more disturbing. The number of households tapping alternative financial services are on the rise, meaning that Americans are turning to non-bank lenders for credit: payday loans, refund-anticipation loans, pawnshops, and rent-to-own services. According … Read more

Portrait of the American Oligarchy – The Very Troubling Income and Wealth Trends Since 1989

One of the primary purposes of Liberty Blitzkrieg is to dispel the myth that America is politically a democracy and economically a free market, and prove that it is in fact a centrally planned oligarchy. If the people were well aware of this and fine with it, that’s one thing, but my contention is that the … Read more

Another Oligarch Preaches to the Peasants – Charlie Munger Says “Prepare for Harder World”

While several exceptionally wealthy and successful people have admirably come out and spoken passionately of the broken nature of financial markets and the political system, as well as the threat this poses to society in general (think Paul Tudor Jones and Nick Hanauer), there have been several examples of oligarchs coming out and conversely demonstrating their complete … Read more