[Note: send this video to your congressperson, the url is https://dandelionsalad.wordpress.com/2010/07/31/michael-hudson-and-richard-wolff-europe-under-the-crunch/ or shorlink: http://wp.me/p5qmX-m3y Thanks.]
July 30, 2010
We’ve heard plenty about the recession in the U.S., but what about the rest of the world? Countries across Europe have faced budget crunches and conservative governments are using the crisis as an excuse to roll back the social safety net that most have enjoyed for decades. Many of the problems–and the solutions–sound sadly familiar. Lowered taxes on the rich and corporations, falling wages, and deregulation led to the crisis, which is being shifted onto the backs of the working class–as Michael Hudson notes, putting the class war back in business. Hudson joins us in studio, along with Richard Wolff, to discuss the economic crisis in Europe, what we can learn about the response to it and apply back at home. Here’s a hint: it involves organized labor.
GRITtv: Michael Hudson & Richard Wolff: Europe Under the Crunch
Same video as above on Youtube
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I given up trying to talk to Republicans … they are the hopeless “party of NO” … If Obama wants to get anything REAL done he should do the same…
They are also the Party of Yes to more war funding and Obama knows that, too.
That guy Michael Hudson is definitely interesting.
One thing people need to remember, tax has brackets, it’s only the amount over 250k that would get the ‘increase’. If you need more than 250k, you’re a fatcat and get taxed 90% (period). No cuts there will make more jobs, only villas in malibu.
Capital gains: This is what those bonuses by bankstars are considered, not income taxable. Since raygun it’s been nothing. There’s your revenue (after pulling outa the wars).
But Greece? Everything Mediterranean is lazy, burning down, hysterical and violent. They apparently need to get back to work, there really is no free lunch, grow olives, be productive, function Zorba!
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Excellent interview with Wolff and Hudson …
Wake Up People …
Join the Green Party …
I only wish I could broadcast this interview to everyone. People need to hear Hudson, in particular.
I’ll post this on other venues …
You’re of course correct … everyone needs to see this … It would definitely open some eyes to what is really happening …
Thanks so much, mmckinl. To me it’s so basic, raise taxes on the very wealthy people, they can afford it. It would benefit our society so greatly if they were more equality.
Thanks for putting this link on an article on Alternet. We must get the word out to as many as possible.
A 43 second video:
To be honest I wouldn’t touch Greenspan with a ten foot poll. The man is a tool …
Also put the video on Common Dreams … Hopefully people came over and watched … as you say it is important for understanding what is going on …
I don’t particularly care for Greenspan’s politics either, but what he said was important and many Republicans may listen to him about taxing the most wealthy people.
Thanks for putting it on Common Dreams, too.