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.

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