Michael Hudson: Pensions of Union Workers Cut in Federal Budget


Image by Julian Stallabrass via Flickr

with Michael Hudson
Writer, Dandelion Salad
January 5, 2015

TheRealNews on Jan 5, 2015

UMKC Economics Professor Michael Hudson discusses how Wall Street will profit as workers’ pensions get slashed.


Michael Hudson is a former Wall Street economist. A Distinguished Research Professor at University of Missouri, Kansas City (UMKC), he is the author of many books, including Super Imperialism: The Economic Strategy of American Empire (new ed., Pluto Press, 2002) and Trade, Development and Foreign Debt: A History of Theories of Polarization v. Convergence in the World Economy. His book summarizing his economic theories, The Bubble and Beyond, is now available. His latest book is Finance Capitalism and Its Discontents. His upcoming book is titled Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy. He can be reached via his website, mh@michael-hudson.com.


Big Fish, Little Fish by Michael Hudson

Ralph Nader: The Budget Is A Collective Display of Twisted Priorities and Insane Declarations By Congress

Russian Roulette: Taxpayers Could Be on the Hook for Trillions in Oil Derivatives by Ellen Brown

Elizabeth Warren Could Use Some Elizabeth Peacen by David Swanson + Bernie Sanders Says No to Bloated Defense Budget

Richard D. Wolff: Employment Upswing Not Here to Stay + The State of Workers’ Wages around the World

see also

The Year of the Pig: Should Workers Support Police Strikes?

7 thoughts on “Michael Hudson: Pensions of Union Workers Cut in Federal Budget

  1. Pingback: Big Fish, Little Fish by Michael Hudson | Dandelion Salad

  2. Pingback: The Year of the Pig: Should Workers Support Police Strikes? | Dandelion Salad

  3. Yet the status of Corporate stocks (biological life forms resembling human beings) can be decided by the upper management team without consent of those being traded on the slave block, Sporting a legal name owned by the Crown Corp is the paper corral that documented ownership is established by, with consent by each generation…..,,Ignorance of these laws is no excuse, a caveat included to exempt them from being liable for the fraud imputed to any off spring that comes from those compelled to fall for the registration, certification,and license scheme that snares the public through each generation, these cycles of boom and bust cycles are caused and planned by the stock mangers, which is why voting will never cure it because all the kings horses and intellectual hand wringing fail to realize they are classified as animals to be fatten for market. Some owners are kinder than others which keeps the hope alive as well.

    Lose the name, a cold fact to face at first, but leap is worth it..

  4. The bankers agree with you. The bankers *hate* capitalism with a passion because it levels the playing field. The bankers are monopoly men. Capitalism – voluntaryism, free market, choice in the marketplace – is anethma to the men who run and who are destroying our world. DOWN WITH CAPITALISM! shout the bankers!!

    • Hi Jock, how have you been? Haven’t heard from you in a long while. Happy New Year!

      Did you watch the video or read the transcript or are you commenting on the choice of photo I used for this blog post?

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