Ukraine’s Gangster State

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Hard and fast insights on Ukraine's land-grabbing, with some frightening developments unfolding. I am interviewed briefly. This could well be another test on how far things can be pushed, building on Latvia. Share this. Transcript This is a rush transcript. Copy may not be in its final form. RT: Nuclear weapons plans in the new gangster state of Ukraine. Coming up. Announcer: Ukraine's new coalition calls officially for “pre-emptive nuclear strikes”. Governors on the international wanted list. And the sordid past of the new oligarch President. RT: Pensions halved to $3 a day, heating costs doubled, forced sell-off of the country’s land and resources - all part of IMF “knee-breakers” imposed round the world, now in Ukraine. In a bombshell announcement ignored by mainstream media, even the ...

Tea Party Winners

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Why the Tea Party & European Right Are Winning Elections More at The Real News Michael Hudson: There is no real left-wing alternative to the right Bio Michael Hudson is a Distinguished Research Professor of Economics at the University of Missouri, Kansas City. His two newest books are “The Bubble and Beyond” and “Finance Capitalism and its Discontents,” available on Amazon. Transcript ANTON WORONCZUK, TRNN PRODUCER: Welcome to The Real News Network. I'm Anton Woronczuk in Baltimore. And welcome to another edition of The Hudson Report. Now joining us is Michael Hudson. He's a distinguished research professor of economics at the University of Missouri-Kansas City. His two newest books are The Bubble and Beyond and Finance Capitalism and Its Discontents. Thanks for joining us, ...

EU Voters Turn Against Austerity

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More at The Real News Reflecting on this topic, I add: The US press and newscasts make it appear that Europeans have voted against poor immigrants and foreigners. What they voted against the super-rich, the oligarchy. The “foreigners” being opposed include the United States insisting on drawing NATO into its wars in Libya,Iraq, Syria and Afghanistan – and now, subsidizing Ukraine to confront Russia. The “nationalist” parties voted against the EU constitution written by the oligarchy to favor the banks against labor. It is a neoliberal constitution that prevents governments from running budget deficits of more than 3% of GDP – except of course to bail out banks ...

QE reduction in time for next speculative kickoff

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More at The Real News JESSICA DESVARIEUX, TRNN PRODUCER: It's been about four years since the financial crash, and the Federal Reserve has been scaling back its program of monthly purchases of government and mortgage bonds. Each month, they've tapered off their purchases by $10 billion, and they're on track for spending $45 billion this year, which is a big dip, considering they spent $85 billion last year. There are certainly a lot of numbers there and financial terms that we need to break down. And now joining us is our guest to give us that bottom line, Michael Hudson. He's a distinguished research professor of economics at the University of Missouri-Kansas City. Thanks for joining us, Michael. MICHAEL HUDSON, PROF. ECONOMICS, UMKC: Thank you, ...

The 1% and Piketty

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More at The Real News Welcome to The Real News Network. I'm Jessica Desvarieux in Baltimore. And welcome to this edition of The Hudson Report. Now joining us is Michael Hudson. Michael is a distinguished research professor of economics at the University of Missouri-Kansas City. His two newest books are The Bubble and Beyond and Finance Capitalism and Its Discontents. Thanks for joining us, Michael. MICHAEL HUDSON, PROF. ECONOMICS, UNIV. OF MISSOURI, KANSAS CITY: Thank you, Jessica. DESVARIEUX: So, Michael, this week we're going to be talking about the very popular book by French economist Thomas Piketty. It's a 700-page book that takes on the topic of income inequality. Why do you think so many people are talking about this book? What's in ...

Obama channeling Cheney?

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More at The Real News I'm Jessica Desvarieux in Baltimore. And welcome to this edition of The Hudson Report. Now joining us is Michael Hudson. He is a distinguished research professor of economics at the University of Missouri-Kansas City. His two newest books are The Bubble and Beyond and Finance Capitalism and Its Discontents. Thanks for joining us, Michael. MICHAEL HUDSON, PROF. ECONOMICS, UMKC: Thank you, Jessica. DESVARIEUX: So, Micheal, what are you tracking this week? HUDSON: The big news is all about the Ukraine. And it's about the events that happened in the shootings on February 20. Late last week, the German television program ARD Monitor, which is sort of their version of 60 Minutes here, had an investigative report of the shootings ...

Anti-Russian sentiment a resource play diversion

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Welcome to The Real News Network. I'm Jessica Desvarieux in Baltimore. Hundreds of pro-Russian protesters have seized public buildings in Eastern Ukrainian cities. They're demanding referendums to secede from Ukraine in order to become a part of Russia. Ukrainian officials have blamed Putin for this continued unrest, but it should be noted that Ukraine is a major transit route for natural gas exports to Europe from Russia, and now Russia is warning Ukrainian officials that they need to pay back the $2.2 billion debt owed to the Russian natural gas company Gazprom. German and French officials are also working towards a quick implementation of a $14-18 billion International Monetary Fund loan package to the Ukraine. Now joining us to discuss ...

Crimea: Geo-Political Gas

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More at The Real News Who In Ukraine Will Benefit From An IMF Bailout? Economists Michael Hudson and Jeffrey Sommers discuss how provisions in an IMF deal like cuts to gas subsidies and pensions will hurt the average Ukrainian citizens and benefit kleptocrats - March 21, 14 Bio JEFFREY SOMMERS is an associate professor and Senior Fellow of the Institute of World Affairs at the University of Wisconsin-Milwaukee. He is also visiting faculty at the Stockholm School of Economics in Riga. He is co-editor of the forthcoming book The Contradictions of Austerity. In addition to CounterPunch he also publishes in The Financial Times, The New York Times, The Guardian, TruthOut and regularly appears as an expert on global television. Michael ...