Image by Alisdare Hickson via Flickr
with Michael Hudson
Writer, Dandelion Salad
Michael Hudson
January 22, 2017
TheRealNews on Jan 20, 2017
The newly inaugurated president says his plan will benefit all Americans, but the 99% are likely to pay for it while the 1% profit, says economist Michael Hudson.
Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City and author of Killing the Host (2015), The Bubble and Beyond (2012), Super Imperialism: The Economic Strategy of American Empire (1968 & 2003), Trade, Development and Foreign Debt: A History of Theories of Polarization v. Convergence in the World Economy (1992 & 2009) and of The Myth of Aid (1971), amongst many others. He can be reached via his website, mh@michael-hudson.com.
from the archives:
The Enemy is Not Trump, It is Ourselves by John Pilger
Abby Martin: Stephen Cohen Debunks US Claim “Russia #1 Threat”
Chris Hedges and Abby Martin: What Is The Purpose Of The Intelligence Report?
Michael Hudson: Taxes Were Shifted Off the Rich and Onto Homeowners (Part 3)
Michael Hudson: Donald Trump Wants to Make the 1% Even Richer (Part 2)
Michael Hudson: The Orwellian Turn in Contemporary Economics (Part 1)
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YES, it’s obvious, Trump lied/lies about everything! The 99% know this, but we had little choice! That’s why so many stayed home! 2018 is coming soon, RESIST this Tyranny & VOTE this time in your State, City, Town for real change! VOTE for Progressives, NOT Corporate LW DINO’s!
all politics is local . we got a new mayor last year who is a homeless activist !!!!
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Trump is pro Russia . Hudson misses this one . Hudson is right about China . but lets look at this . so was Gore Vidal . so was Buchanan .so was Napolean ! Business Week has had 2 cover stories on the Chinese undercutting of the West. India is undercutting China …and – but still according to the article on encirclement called ”ChinAfrica ” – Trumpster knows that renegotiations of deals with China must be done . When Huntsman ran for the White house he said that the Chinese dollar was weaker than we thought ./ the truth lies somewhere in between i think .
as far as Wall St – they did everything i their power to stop Trump. EVERYTHING . from day one . why ? because he is rogue . when all the NY politicans could not fix that ice rink , Trumpster did it under budget and ahead of schedule . Wall ST favored Hillary Clinton – not Trump or Sanders.
now lets look at Trump and wall st. never forget Trumpster has an enemies list . Nixon . its pay back time for all those years many of them tried to screw him over . on the other hand he will reward those who did not. the latter point is maybe what Hudson is getting at ./