Monthly Archives: November 2010

Schemes of the Rich and Greedy

November 24, 2010
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Tax-Avoidance – The Worst is Yet to Come “Let me tell you about the very rich. They are different from you and me.” “The Rich Boy,” by F. Scott Fitzgerald The 30-year campaign of the wealthy to rig our economic system – especially the tax component – for their own benefit will accelerate with...

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Krugman, China and the role of finance.

November 22, 2010
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Here’s the quandary that the U.S. economy is in: The Fed’s quantitative easing policy– creating more liquidity so that banks can lend more – aims at helping the economy “borrow its way out of debt.” But banks are not lending more, for the simple reason that a third of U.S. real estate already is...

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Dollar War in Detail

November 20, 2010
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Eric Janszen, Interview with Dr. Michael Hudson 6 November, 2010 Janszen (E): What I’m noting, starting with the gold crisis over the last few weeks, and the public nature of some of the complaints that we’re hearing out of Brazil and China and the front page of the Financial Times, we seem to be...

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Mr. Obama’s Most Recent “2%” Sellout is his Worst Yet

November 15, 2010
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Now that President Obama is almost celebrating his bipartisan willingness to renew the tax cuts for the super-rich enacted under George Bush ten years ago, it is time for Democrats to ask themselves how strongly they are willing to oppose an administration that looks like Bush-Cheney III. Is this what they expected by Mr....

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Hudson to Hudson

November 10, 2010
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Part One of this discussion was published in the Huffington Post today. You get to see the whole piece here. Michael Hudson talks with . . . Michael Hudson Michael Hudson and Michael Hudson are often mistaken for each other. Along with sharing a name, they share an interest in economics, debt and the...

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Russian TV, the G20 and US dollar diplomacy

November 10, 2010
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Michael was interview on Russian TV yesterday by Lauren Lyster. Watch the 10 minute clip here. There is no possibility of agreement at the upcoming G20 summit because the U.S. is declaring financial war on other countries, believes American economist Michael Hudson. The U.S. has been pushing China to revalue its currency – at...

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American Monetary Institute presentation

November 9, 2010
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Michael gave this presentation at the AMI conference recently. You can watch it in 5 parts on youtube via the AMI page or Steve Keen kindly recorded it all as a single file here. The audio is better via AMI.

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Hudson, Democracy Now on Currency Wars

November 5, 2010
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Michael Hudson as interviewed by Amy Goodman and Juan Gonzalez on Democracy Now! Summary: The Federal Reserve will pump $600 billion more into the U.S. economy and keep interest rates at historical low levels. The short-term impact of the Fed’s move—known as quantitative easing—has been a jump in stock prices across the globe. Many...

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Speculating on Quantitative Currency Wars

November 2, 2010
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An Interview with Dr. Michael Hudson October 21, 2010 Interviewer: iTulip’s Eric Janszen (E): Welcome Michael Hudson to iTulip again. Thanks for joining us. Hudson (H): Thank you, Eric. E: So we’ve had discussions in the past about China’s response to America’s escalation of the currency wars. Yesterday they made a bold move, raising...

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