Thursday, September 3, 2009

"Dress Rehearsal For Debt Peonage" with economist Dr. Michael Hudson on why the banks are returning the bailout money; bank fees and penalties

Guns and Butter - Dress Rehearsal For Debt Peonage

"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://aud1.kpfa.org:80//data/20090826-Wed1300.mp