Dr. Michael Hudson: The New Kleptocracy – The largest financial theft in American history

Dandelion Salad

Updated: Oct 20, 2008: added a video clip of this interview, see below

Information Clearing House
By Guns & Butter
Oct 8, 2008

Must Listen Interview

Economist Dr. Michael Hudson on Treasury Secretary Hank Paulson’s “Plan” passed by Congress on October 3, 2008. We discuss what is being purchased, the congressional vote, what this means for the oligarchs, and what this means for the rest of us.

audio at  Information Clearing House – ICH

or

Click here to play this file in your media player (Sorry no longer available)

Copyright http://www.kpfa.org

***

transcript

***

Updated

BAILOUT: 850 Billion? Try FIVE TRILLION!

jperryam

Dr. Michael Hudson is a financial economist and historian. Bonnie Faulkner interviewed him for KPFA radio’s Guns and Butter program on October 9th, 2008. If you want the real deal about the 850 billion dollar fleecing of America that is the Wall Street bailout, this is it. And as Dr. Hudson points out, 850 billion is only the beginning. The purveyors of this unprecedented fraud are actually looking to roll us for trillions of dollars.

I guarantee you will not see or hear this interview in the mainstream media. Please share it with as many people as you can. This information is incredibly important.

Michael Hudson is not some airbrushed, jello-brained MSM pundit. He actually knows what he’s talking about, and he’s telling it like it really is. Henry Paulson and the rest of the criminals raiding our treasury must be stopped. They are quite intentionally trying to destroy our country.

Key excerpts are featured here, but you should really listen to the entire interview, which you can find on Dr. Hudson’s website, to which you will find a link below.

Again, please pass this information on to as many people as you can.

Thanks
JP

HOMEWORK:

Dr. Hudson’s website:
http://www.michael-hudson.com
Listen to Bonnie Faulkner’s entire October 9th interview with Dr. Hudson

Please also check out KPFA, an excellent independent media source:
http://www.kpfa.org

see

Will the US default on its foreign debt? Interview with Michael Hudson

Can Congress Bail Out of the Bailout? by Michael Hudson

Debt Bondage: A Christian Perspective on the Paulson Bank Bailout

Additional Thoughts on the Bailout By Paul Craig Roberts

The End of Friedmanite Economics By Mike Whitney

How about socialism for the rest of us By William Bowles

Falling Rate of Profit

The Financial Crisis 2008 Interview with Noam Chomsky