Sovereign Debt Jubilee, Japanese-Style by Ellen Brown

Capitalism IS the Crisis

Image by Waywuwei via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
June 27, 2017

Japan has found a way to write off nearly half its national debt without creating inflation. We could do that too.

Let’s face it. There is no way the US government is ever going to pay back a $20 trillion federal debt. The taxpayers will just continue to pay interest on it, year after year.

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Abby Martin: Sabotage, Not Socialism, is the Problem in Venezuela

Abby Martin: Sabotage, Not Socialism, is the Problem in Venezuela

Screenshot by Dandelion Salad via Flickr

Dandelion Salad

with Abby Martin

teleSUR English on Jun 17, 2017

Today in the corporate media, Venezuela’s economic problems are used to paint the country as a failed state, in need of foreign-backed regime change.

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Jesus against Hillel on Usury by Roman A. Montero

Jesus

Image by Matthias Rosenkranz via Flickr

by Roman A. Montero
Writer, Dandelion Salad
June 15, 2017

I would argue that the best summation of Christian ethics is found in the sermon on the plain in Luke 6:20–49. What I love about the sermon on the plain is just how radical it seems on the surface, it seems almost impossible; however, when you think about what it’s saying, and think about it deeply—it makes sense. Probably my favorite example of this is found in Luke 6:34–35 (NRSV):
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Another Massive Subsidy To Wall Street by Ellen Brown

Boston GS Protest

Image by americans4financialreform via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
June 11, 2017

Higher interest rates will triple the interest on the federal debt to $830 billion annually by 2026, will hurt workers and young voters, and could bankrupt over 20% of US corporations, according to the IMF. The move is not necessary to counteract inflation and shows that the Fed is operating from the wrong model.

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Today’s Students: From Debt Peons To Wage Slaves by Michael Hudson

Slaves to Money, Solidarity (9 of 25)

Image by Glenn Halog via Flickr

by Michael Hudson
Writer, Dandelion Salad
Michael Hudson, May 31, 2017
June 3, 2017

Students usually don’t think of themselves as a class. They seem “pre-class,” because they have not yet entered the labor force. They can only hope to become part of the middle class after they graduate. And that means becoming a wage earner – what impolitely is called the working class.

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Michael Hudson: Another US Housing Bubble?

Slaves to Money, Solidarity (9 of 25)

Image by Glenn Halog via Flickr

with Michael Hudson
Writer, Dandelion Salad
Michael Hudson
May 24, 2017

TheRealNews on May 23, 2017

Economist Michael Hudson explains that even though housing prices are back up at 2008 levels homeownership is at a much lower level and banks have their loans guaranteed by the US government.

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Michael Parenti: The 1% Pathology and the Myth of Capitalism

Pensions-demo-_8195a-sm

Image by Julian Stallabrass via Flickr

with Michael Parenti
Writer, Dandelion Salad
originally published October 28, 2012
May 23, 2017

freespeechtv on May 16, 2013

“A man who steals a goose from the commons is punished, while a man who steals the commons itself is rewarded.”–unknown

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If China Can Fund Infrastructure With Its Own Credit, So Can We by Ellen Brown

roads and railways series #2

Image by woodleywonderworks via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
May 17, 2017

May 15th-19th has been designated “National Infrastructure Week” by the US Chambers of Commerce, the American Society of Civil Engineers (ASCE), and over 150 affiliates. Their message: “It’s time to rebuild.” Ever since ASCE began issuing its “National Infrastructure Report Card” in 1998, the nation has gotten a dismal grade of D or D+. In the meantime, the estimated cost of fixing its infrastructure has gone up from $1.3 trillion to $4.6 trillion.

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Michael Hudson: The Capitalist Way: Cheat, Lie and Steal

Occupy Wall St Sept 27, 2011

Image by Zach D Roberts via Flickr

with Michael Hudson
Writer, Dandelion Salad
Michael Hudson
May 4, 2017

The Laura Flanders Show on Mar 28, 2017

We’re living in a time of economic babble, where politicians and economists throw out words like “reform,” “privatize,” and “austerity” to prop up corrupt capitalist opportunists. So says our guest this week, economist Michael Hudson, author of J is for Junk Economics.

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Imagine: Living in a Socialist USA

Occupy May Day 2012

Image by brent granby via Flickr

Dandelion Salad

originally posted Feb. 11, 2014

Joe Friendly on May 30, 2014

Editors Frances Goldin, Debby Smith, and Michael Steven Smith, join with 2 of the many contributing authors, Clifford D. Conner and Mat Callahan to discuss their book, Imagine Living In A Socialist USA, how it got published, how it has been received, and wondering how socialism might happen in the USA and what it would look like, for example how it would impact the arts and sciences. May 29, 2014 at Alwan For The Arts. video: Joe Friendly.

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Debate: Basic Income: A Way Forward for the Left?

Capitalism isn't working

Image by Cary Bass-Deschenes via Flickr

Dandelion Salad

Socialist Project on Apr 15, 2017

The idea of a Universal Basic Income (UBI) has been championed by both progressives and conservatives. Not everyone on the left, however, is behind the idea. Is the UBI a means of redistributing wealth, attacking poverty and protecting workers from technological displacement? Or will basic income serve to advance an agenda of austerity and privatization?

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Which Is Safer, a Public Bank or a Private Bank? by Ellen Brown + The Savings and Stability of Public Banking by Ralph Nader

For All Debts...

Image by AK Rockefeller via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
April 11, 2017

Phil Murphy, the leading Democratic candidate for governor of New Jersey, has made a state-owned bank a centerpiece of his campaign. He says the New Jersey bank would “take money out of Wall Street and put it to work for New Jersey – creating jobs and growing the economy [by] using state deposits to finance local investments … and … support billions of dollars of critical investments in infrastructure, small businesses, and student loans – saving our residents money and returning all profits to the taxpayers.”

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Michael Hudson: Running a Government Like a Business Means Dismantling Government

Rich Uncle Pennybags

Image by Sean Davis via Flickr

with Michael Hudson
Writer, Dandelion Salad
Michael Hudson
April 7, 2017

TheRealNews on Apr 7, 2017

Trump and Kushner say that the government should be run like a business, but that would mean eliminating regulations and expenses that benefit the people says Michael Hudson.

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How Bankers Became the Top Exploiters of the Economy by Michael Hudson

Money!

Image by Thomas Galvez via Flickr

by Michael Hudson
Writer, Dandelion Salad
Michael Hudson
March 28, 2017

The Next System Project’s Adam Simpson sat down with renowned economist and economic historian Michael Hudson to discuss economic deceptions old and new. Michael Hudson is Distinguished Research Professor of Economics at the University of Missouri, Kansas City and a prolific writer about the global economy and predatory financial practices. Among his latest books are Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy and its follow-up J is for Junk Economics: A Guide to Reality in an Age of Deception.

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Trump is Obama’s Legacy. Will this Break up the Democratic Party? by Michael Hudson

Bernie Sanders - Painting

Image by DonkeyHotey via Flickr

by Michael Hudson
Writer, Dandelion Salad
Michael Hudson, March 23, 2017
March 26, 2017

Nobody yet can tell whether Donald Trump is an agent of change with a specific policy in mind, or merely a catalyst heralding an as yet undetermined turning point. His first month in the White House saw him melting into the Republican mélange of corporate lobbyists. Having promised to create jobs, his “America First” policy looks more like “Wall Street First.”

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