Michael Hudson: Banking Deep Dive + Ellen Brown and Abby Martin on Public Banking in LA

Class War

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by Michael Hudson
Writer, Dandelion Salad
November 4, 2018

An interview with one of the best in the business, Bonnie Faulkner (Guns and Butter).

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Ellen Brown: The Unsustainable Burden of Student Debt

Indentured Student - Cartoon

Image by DonkeyHotey via Flickr

with Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
November 1, 2018

on Oct 31, 2018

The student debt problem is exploding, growing three times as fast as any other kind of debt, yet the Trump administration is making it more difficult for students to seek debt relief. Ellen Brown of the Public Banking Institute outlines the implications.

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Michael Hudson: Deciphering Geo-Political Games

Why Is War A Permanent Feature of Capitalism?

Image by Zhu via Flickr

by Michael Hudson
Writer, Dandelion Salad
October 1, 2018

“Professor Michael Hudson discusses the globalisation fallout as new trading blocs distance themselves from US dollar denominated trade. Will the US be able to maintain its imperialist tendencies in light of these trends? How much further can the rentiers push their free-for-all? The show finishes with an overview of Michael’s new book And forgive them our debts.

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“Taxpayer Money” Threatens Medicare-for-All (And Every Other Social Program) by Jim Kavanagh

HealthOverProfit-First-Shot-20180409_224859

Image by Backbone Campaign via Flickr

Dandelion Salad

by Jim Kavanagh
The Polemicist, Sept. 18, 2018
September 20, 2018

Three assertions:

  • There is no such thing as “taxpayer money.”
  • Taxes do not pay for government spending. (Nor does debt. No revenue is needed.)
  • Leftists who continue to talk as if “taxpayer dollars” must be collected to “pay for” government programs are undermining Medicare-for-all and every other progressive policy initiative.

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It Is All About Relative Power Of The One Percent by Michael Hudson + 10 Years Since Lehman Brothers Bankruptcy – Did the Economy Really Recover?

Occupy Wall Street - 11/3/11 - 006

Image by May S. Young via Flickr

Updated: Sept. 19, 2018

by Michael Hudson
Writer, Dandelion Salad
September 18, 2018

Wall Street did not let the Lehman Brothers crisis go to waste. The banks that have paid the largest fines for financial fraud are now much bigger and more profitable. The victims of their junk mortgage loans are poorer, and the economy is facing debt deflation.

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Michael Hudson: Jesus Would Have Cancelled The Debt But Obama Bailed Out Wall Street

cancel the debt

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by Michael Hudson
Writer, Dandelion Salad
September 14, 2018

With Max Keiser on the history of debt from the Bronze Age onwards. Max poses the question, has a historical precedent been set with the bailing out of creditors, not debtors in 2008?

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Chris Hedges and Nomi Prins: How Central Bankers Rigged the World

Capitalism = economic terrorism

Image by duncan c via Flickr

Dandelion Salad

Updated: Aug. 20, 2018

with Chris Hedges

Originally on RT America on Aug 18, 2018

Conscious on Aug 19, 2018

Nomi Prins, journalist and author of Collusion: How Central Bankers Rigged the World, talks to journalist Chris Hedges about how central bankers “overstepped their traditional mandates by directing the flow of epic sums of fabricated money without any checks and balances.”

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The Life and Times of Michael Hudson: From Trotsky’s Godson to Modern Monetary Theory

Capitalism Kills

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by Michael Hudson
Writer, Dandelion Salad
August 11, 2018

Global University for Sustainability on Jul 11, 2018

The interview with Professor Michael Hudson was conducted on 7 May 2018 in Beijing, by Professor Lau Kin Chi and Professor Sit Tsui Jade. Professor Hudson talked about his formative years, and his turn to economics from music as he found his mentor Terence McCarthy’s speech about economics beautiful and aesthetic. He recalled his experiences in research and teaching, and the background leading to his writing the many books on imperialism, balance of payment, history of debt, and fictitious capital. The interview was edited by George Lee, and produced by the Global University for Sustainability, July 2018.

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Trump Takes on the Fed by Ellen Brown

For All Debts...

Image by AK Rockefeller via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
July 31, 2018

The president has criticized Federal Reserve policy for undermining his attempts to build the economy. To best make the central bank serve the needs of the economy, it needs to be transformed into a public utility.

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“Creating Wealth” through Debt: The West’s Finance-Capitalist Road by Michael Hudson

Swimming With the Debt Sharks

Image by Truthout.org via Flickr

by Michael Hudson
Writer, Dandelion Salad
Michael Hudson, May 2, 2018
May 7, 2018

Peking University, School of Marxist Studies
May 5-6, 2018

Volumes II and III of Marx’s Capital describe how debt grows exponentially, burdening the economy with carrying charges. This overhead is subjecting today’s Western finance-capitalist economies to austerity, shrinking living standards and capital investment while increasing their cost of living and doing business. That is the main reason why they are losing their export markets and becoming de-industrialized.

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Why Interest Rates Are Rising by Ellen Brown

End the Fed march - 14

Image by Steve Rhodes via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
April 22, 2018

The Fed is aggressively raising interest rates, although inflation is contained, private debt is already at 150% of GDP, and rising variable rates could push borrowers into insolvency. So what is driving the Fed’s push to “tighten”?

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Mystery: How Wealth Creates Poverty in the World by Michael Parenti

Ways of Thinking - Feudalism is very much alive

Image by Judite B via Flickr

by Michael Parenti
Writer, Dandelion Salad
Previously posted July 31, 2011
April 7, 2018

There is a “mystery” we must explain: How is it that as corporate investments and foreign aid and international loans to poor countries have increased dramatically throughout the world over the last half century, so has poverty? The number of people living in poverty is growing at a faster rate than the world’s population. What do we make of this?

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Michael Hudson and Ellen Brown: Avoiding The Road To Serfdom

Swimming With the Debt Sharks

Image by Truthout.org via Flickr

by Michael Hudson, with Ellen Brown
Writers, Dandelion Salad
Michael Hudson, Jan. 28, 2018
The Web of Debt Blog
February 10, 2018

I appeared alongside Ellen Brown on Princetown Community Television in two parts. Enjoy!

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Today’s Students–Slavery by Debt, Part 2 by Ellen Brown

Slaves to Money, Solidarity (9 of 25)

Image by Glenn Halog via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
January 5, 2018

This is the second in a two-part article on the debt burden America’s students face. Read Part 1 here.

The lending business is heavily stacked against student borrowers. Bigger players can borrow for almost nothing, and if their investments don’t work out, they can put their corporate shells through bankruptcy and walk away. Not so with students. Their loan rates are high and if they cannot pay, their debts are not normally dischargeable in bankruptcy. Rather, the debts compound and can dog them for life, compromising not only their own futures but the economy itself.

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Today’s Students–Slavery by Debt, Part 1 by Ellen Brown

Indentured Student - Cartoon

Image by DonkeyHotey via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
December 28, 2017

Higher education has been financialized, transformed from a public service into a lucrative cash cow for private investors.

The advantages of slavery by debt over “chattel” slavery – ownership of humans as a property right – were set out in an infamous document called the Hazard Circular, reportedly circulated by British banking interests among their American banking counterparts during the American Civil War. It read in part:
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