Michael Hudson: Inflation and Illegal Repo Loans

Rich Uncle Pennybags

Image by Sean Davis via Flickr

with Michael Hudson
Writer, Dandelion Salad
January 13, 2022

Moderate Rebels on Jan 8, 2022

Economist Michael Hudson explains the inflation crisis and the Fed’s secretive $4.5 trillion bank bailout.

Continue reading

Global Power Project, Part 7: Banking on Influence with Citigroup by Andrew Gavin Marshall

Bankers = blood sucking parasites #march26 #26march #ukuncut

Image by Trucknroll via Flickr

by Andrew Gavin Marshall
Writer, Dandelion Salad
Originally published on Occupy.com
July 24, 2013

In the second quarter of 2013, the third-largest U.S. bank by assets, Citigroup, posted a 42% increase in profits which CEO Michael Corbat praised as a “well balanced” result of “cost cutting” programs, including the firing of 11,000 workers.

This big bank has a sordid history of predatory profiteering and criminal activity, not unlike all the other large banks. In the early 20th century, what was then National City Bank was the main bank for the Rockefeller Standard Oil interests. Continue reading

Moyers & Company: How Big Banks are Rewriting the Rules of our Economy

Dandelion Salad

January 27, 2012

Bill Moyers talks with former Citigroup chairman John Reed and former Senator Byron Dorgan to explore how our political and financial class shift economic benefits to the very top.

Continue reading