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G_j Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-18-07 11:52 AM
Original message
Kucinich to Operate a Shadow Financial Government
Edited on Sat Aug-18-07 11:56 AM by G_j
Recieved this, Can't find a link

Body: Presidential Candidate Dennis Kucinich to operate a special house committee as a shadow financial government, while Bush government pushes junk economies...
Kucinich's shadow committee to refocus reality based economic structures.

From Cold War to Class War

Interview with financial economist and historian, Dr. Michael Hudson. Liquidity crisis in the banking system; wiping out of credit; demise of the dollar; stock volatility; hedge funds; sub-prime lending, real estate tax versus labor tax, etc. Dr. Hudson has been appointed Chief Economic Policy Advisor for the Kucinich for President campaign, and is writing a new tax policy for the United States. He is President of The Institute for the Study of Long-Term Economic Trend, a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City and author of "Super-Imperialism: The Economic Strategy of American Empire". Visit his website at http://www.michael-hudson.com.
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Trillo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-18-07 02:51 PM
Response to Original message
1. Thanks for the link
Edited on Sat Aug-18-07 02:52 PM by SimpleTrend
Another interview of his.
http://www.michael-hudson.com/interviews/030711_counterpunch.html
Lots of lucid explanation explaining the basic financial deception foisted upon the mass of citizens by the Financial, Insurance, and Real Estate (FIRE) sector.

I don't know enough about the U.S. greenback, which he mentions near the end, but I do find it a curiosity that he points to the specific time period where corporate welfare began as one example of a fiat currency that worked well. Perhaps he's referring solely to the financing mechanism and not the policy that gave birth to today's corporatist monster. Don't know...
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