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Guns and Butter - Dress Rehearsal For Debt Peonage

Submitted by Liberty4Compassion on Sun, 08/30/2009 - 17:46
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"Dress Rehearsal For Debt Peonage" with economist Dr. Michael Hudson on why the banks are returning the bailout money; bank fees and penalties; banks prefer default to foreclosure; debt as wealth; Obama's Financial Regulatory Reform Proposal and its six major flaws; the deregulation-by centralization ploy; failure to reform the economy will lead to debt peonage.

http://www.kpfa.org/archive/id/53994

I hope this has not already been posted.

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Great Program!

Submitted by Calgary4Paul on Sun, 08/30/2009 - 17:55.

Debt is Wealth, eh? Guess I'm doing better than I thought.