Updated: added video interviews
Default on the public debt, nationalization of the banks, and a citizen dividend could actually save the Italian economy.
Comedian Beppe Grillo was surprised himself when his Five Star Movement got 8.7 million votes in the Italian general election of February 24-25th. His movement is now the biggest single party in the chamber of deputies, says The Guardian, which makes him “a kingmaker in a hung parliament.”
Note: replaced videos April 22, 2011
CornFlu on Apr 21, 2011
22:46 – Mar 25, 2009
Part One of Six Parts: Credit As A Public Utility: The Solution to the Economic Crisis
“Our Early Political Leaders Warned Us Against the Banking Interests”
Written and Produced by Richard C. Cook
Richard C. Cook proposes “A Bailout for the People: Dividend Economics and the Basic Income Guarantee.” Cook is a former analyst for the U.S. federal government. His book on monetary reform “We Hold These Truths: The Hope of Monetary Reform” is available at http://www.amazon.com. He can be contacted at richardccook.com
A Bailout for the People:
Dividend Economics and the Basic Income Guarantee
By Richard C. Cook
Prepared for a Presentation at the
8th Congress of the U.S. Basic Income Guarantee Network and
2009 Eastern Economics Association Annual Conference
Sheraton New York Hotel and Towers
New York, N.Y., February 27
The existing monetary system is not free enterprise, and it is not capitalism. It is cancer.
Isn’t it Finally Time to Enact a Basic Income Guarantee?