google.com, pub-4599738212880558, DIRECT, f08c47fec0942fa0 google.com, pub-4599738212880558, DIRECT, f08c47fec0942fa0
Showing posts with label Dr Michael Hudson. Show all posts
Showing posts with label Dr Michael Hudson. Show all posts

Dec 16, 2010

Shrinking the US economy IS the point! (video)



The president's deficit commission and the actions of the Fed, Wall Street, corporate America and others are focused on shrinking the US economy and hurting labor so that power elite fatcats can continue skimming trillions a little while longer even though they know the jig is up.

Today Timothy Geithner sang and danced on Capitol Hill trying to boost the idea that the TARP (black hole) did what it was supposed to do. Perhaps it did but was any of it paid out on behalf of the American people?

Now here we have Professor Michael Hudson (University of Missouri) offering his assessment of what's going on and why as the Fed's 'quantitative easing' sends more US billions abroad to purchase foreign stocks and assets. With so many connections between the White House and Wall Street (Goldman Sachs) it seems a no-brainer to me that the president had to know what he knew when he knew it - about the true financial condition of the US and what his bosses expected from him as he played the role of president 'going forward'.

Puts me in mind of the Inauguration 2009 horoscope that glorious January day full of Hope for Change (suckas! the ruse works every 4 years!) with moneybags Jupiter '3AQ' in 10th house next to the president (Sun '1AQ'.)

Dane Rudhyar gives '3AQ' as DESOCIALIZATION. Don't know about you, but as an American, I'm feeling quite desocialized by my own sorry, traitorous government right about now as our social fabric - what used to be a contract between the generations - is 'under scrutiny' and in line for being ripped apart by Catfood Commissions, party politics, secret deals, and in-cahoots presidents.

Yes, the world's financial party has been sent elsewhere (watch the above 10-minute video) like a rave though most Americans refuse to admit such things if they can see them at all. However, it will be impossible to ignore such new perspectives much longer.

And Inauguration 2009's Midheaven, the goal/aspiration point of the Obama administration? Besides having US natal Pluto upon it, there's a disturbing midpoint picture: Pluto/Chiron = Mc.

Apr 26, 2009

Nader, Whitney, and Michael Hudson: financial truths

A bitter cud to chew? Perhaps they're pessimistic or perhaps they're realistic, but here's a financial article and video round-up for you:

No Light In The Tunnel A Housing Crash Update

By Mike Whitney

Why is the press misleading the public about housing? The housing market is crashing. There are no "green shoots" or "glimmers of hope"; the market is worn to a stump, it's kaput.


Where's My Change?

By Ralph Nader

The corporate chieftains have easy access to the White House and the new President, whether these bosses come on missions demanding power or missions of beggary for bailouts. When will he meet with the leading heads of consumer protection groups with millions of dues-paying members who could give him the base to hold accountable and regulate the democracy-denying, economy-wrecking corporate supremacists?



This Is A Must Listen:

The Financial Barbarians at the Gate: Guns & Butter Interviews financial economist and historian, Dr. Michael Hudson

The history of banking and the criminalization of the banking system; tax policy; real estate asset inflation; US imperialism via the monetary system; similarities with the Roman Republic; what measures labor should take.

Dec 8, 2008

Crooks take over, America the pariah

"We Let The Crooks Take Over": The plot to shift taxes from wealthy and on the wage earners

Guns and Butter Interview with Dr. Michael Hudson

The United States Has become a pariah in the world financial economy.

~:~

Yes, it's definite - the crooks have taken over. And I always appreciate Dr. Hudson's writings.

But the 'pariah' part doesn't work quite as well for me, esp considering annual G-8 summits, the annual Biderberg Group meetings, and other entities which meet in secret sessions (such as the WTO) to discuss what's coming up economically.

To say the US is a financial pariah indicates the possibility that the current financial meltdown isn't part of a script which many governments are following with world bankers and the Fed leading the bankrupt-America charge over the insolvency cliff as the power elite cheer them on.

That's why these entities meet - it isn't to discuss how wonderful America is.

The recent and popular video of Bush hanging his head when no world leader would shake his hand at the G-20 was a set-up, imho. It was too obvious by half, and very badly acted - plus, they knew they were being recorded, after all. Can presidents be impeached for bad thespianism?

"America is too rich to go bankrupt," a brag which some of my fellow Fraysters once taunted (silly) me with at Slate Magazine in their forum, The Fray, so I wonder what they're saying about America's financial propects now that 8 years of the Bush-Cheney cabal has had its way with US coffers.

Perhaps I shall pay a sentimental visit to The Fray, a readers' forum which helped me realize that I wanted to blog about Washington, DC and Politics through the lens of Astrology...but not to gloat, oh no.

Because this is one of those times you'd dearly love love love to be completely wrong.