Category Archives: Business

U-V: Usury to Vested Interests by Michael Hudson

by Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
March 31, 2015

letter U

Image by Leo Reynolds via Flickr

Parts U-V in the .

Underdevelopment: The term coined by Andre Gunder Frank to describe the policies which former European colonies and more contemporary third-world countries have been turned into indebted raw-materials exporters rather than balanced economies capable of feeding themselves. (See World System.)

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Michael Hudson: Institutional Discontent

3D

Image by M4D GROUP via Flickr

with Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
March 22, 2015

TheRealNews on Mar 21, 2015

Economist Michael Hudson says China’s new international bank will be exempt from a US-veto, empowering other countries to lead development and perhaps challenge the use of the dollar as the currency of global capital.

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T is for Trickle-Down by Michael Hudson

by Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
March 20, 2015

letter T

Image by Leo Reynolds via Flickr

Part T in the .

Tableau Économique: The first formal national-income account, developed by the Physiocrat Francois Quesnay on the analogy of the circulation of blood within the human body. (See Economist, Say’s Law.)

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Michael Hudson: QE Intentions All Too Obvious + Kleptocrats who run Ukraine economy will grab IMF cash & run

EU Austerity Albatross

Image by DonkeyHotey via Flickr

with Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
March 11, 2015

TheRealNews on Mar 10, 2015

Michael Hudson says quantitative easing is a pretext to assist banks make even more profits

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A Corporate Whore of Congress by Ed Ciaccio

by Ed Ciaccio
Writer, Dandelion Salad
March 10, 2015

Criminal, Corporate, Congress

Image by Sasha Kimel via Flickr

(to the tune of “The Yellow Rose of Texas”)

I’m a corporate whore of Congress,
One of many Wall Street bought.
From voting for their greedy laws
I’m richer than I thought!
My colleagues here in Congress
Can’t help but all agree,
That a corporate whore of Congress
Is the only way to be!

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Three Evils of Capitalism

Capitalism Doesn't Work

Image by Carrie Sloan via Flickr

Dandelion Salad

leftymathprof on Feb 15, 2015

Inequality, externalities, and alienation are inherent in any market economy, but they are not inherent in human nature.

Transcript at http://LeftyMathProf.org/3evils includes embedded links to related materials.

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The Stimulator: Our Shitty Situation

Pensions-demo-_8195a-sm

Image by Julian Stallabrass via Flickr

Dandelion Salad

stimulator on Feb 6, 2015

In this sedition we look at the economic clusterfuck enveloping the globe, the mega drop in oil prices and the political party that has the left screaming like Justin Beaver fans.

http://www.submedia.tv/stimulator/2015/02/06/shitty-situation/

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Michael Hudson: Inequality = Privatization of the Earth

with Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
January 27, 2015

inequality = conflict patch

Image by craftivist collective via Flickr

CrossTalk: Wealth Abyss

RT on Jan 26, 2015

One percent already has half the world’s wealth under its thumb and at this rate is set to accumulate even more. As much of the world slowly recovers from severe recession, the rich are prospering and greatly so. Is the global system rigged to their advantage? CrossTalking with Max Lawson, Richard Wellings and Michael Hudson.

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Syriza Party Wins Elections in Greece + Trojan Hearse: Greek Elections and the Euro Leper Colony by Greg Palast

Can SYRIZA Break with Austerity?

Image by Rosa Luxemburg Stiftung–New York Office via Flickr

Dandelion Salad

Radical-leftist Syriza party wins elections in Greece – exit polls

RT on Jan 25, 2015

Greek radical-leftist party, Syriza, has won between 35.5 and 39.5 percent of the vote in the national parliamentary election, leaving the country’s ruling New Democracy party more than 10 per cent behind, the exit-polls revealed.

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Big Fish, Little Fish by Michael Hudson

by Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
January 11, 2015

Re-think Capitalism

Image by Steve Rhodes via Flickr

US 2015 budget anti pension law, January 2, 2015.

On the Senate’s last day in session in December, it approved the government’s $1.1 trillion budget for coming fiscal year.

Few people realize how radical the new U.S. budget law was. Budget laws are supposed to decide simply what to fund and what to cut. A budget is not supposed to make new law, or to rewrite the law. But that is what happened, and it was radical.

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Michael Hudson: Pensions of Union Workers Cut in Federal Budget

Pensions-demo-_8195a-sm

Image by Julian Stallabrass via Flickr

with Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
January 5, 2015

TheRealNews on Jan 5, 2015

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

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Goodbye Privacy, Hello Censorship If Secret #TISA Pact Is Approved by Pete Dolack

If you don’t want to live in the world like the TV series, Continuum, please act now. ~ DS

by Pete Dolack
Guest Writer, Dandelion Salad
Systemic Disorder, Dec. 24, 2014
December 27, 2014

IMG_2564.1.web

Image by Peg Hunter via Flickr

Internet privacy and net neutrality would become things of the past if the secret Trade In Services Agreement comes to fruition. And on this one, the secrecy exceeds even that shrouding the two better-known corporate giveaways, the Trans-Pacific and Transatlantic partnerships. Continue reading

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

Updated: Jan. 1, 2015

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
December 20, 2014

Alternative Bailout Plan

Image by Mike Licht via Flickr

The sudden dramatic collapse in the price of oil appears to be an act of geopolitical warfare against Russia. The result could be trillions of dollars in oil derivative losses; and the FDIC could be liable, following repeal of key portions of the Dodd-Frank Act last weekend. Continue reading

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

Veterans for Peace Banner Drop: "How is the War Economy Working for You?" (Pittsburgh, PA)

Image by takomabibelot via Flickr

Dandelion Salad

with Ralph Nader

TheRealNews on Dec. 14, 2014

If you were to judge this budget by conventional standards of human sanity you would indict it as the collective display of twisted of priorities says Consumer Advocate, Ralph Nader.

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The Global Bankers’ Coup by Ellen Brown

The colour of money; Financial Stability Board (FSB) headquartered in the Bank for International Settlements in Basel, Switzerland

Image by Dominik via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
December 12, 2014

On December 11, 2014, the US House passed a bill repealing the Dodd-Frank requirement that risky derivatives be pushed into big-bank subsidiaries, leaving our deposits and pensions exposed to massive derivatives losses. The bill was vigorously challenged by Senator Elizabeth Warren; but the tide turned when Jamie Dimon, CEO of JPMorganChase, stepped into the ring. Perhaps what prompted his intervention was the unanticipated $40 drop in the price of oil. As financial blogger Michael Snyder points out, that drop could trigger a derivatives payout that could bankrupt the biggest banks. And if the G20’s new “bail-in” rules are formalized, depositors and pensioners could be on the hook. Continue reading