The Hidden Government Guarantee that Props Up the Shadow Banking System by Ellen Brown

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
September 17, 2013

Increased regulation and low interest rates are driving lending from the regulated commercial banking system into the unregulated shadow banking system. The shadow banks, although free of government regulation, are propped up by a hidden government guarantee in the form of safe harbor status under the 2005 Bankruptcy Reform Act pushed through by Wall Street. The result is to create perverse incentives for the financial system to self-destruct.

Keiser Report: Sharkboy and Lava Girl + Michael Hudson on Modern Monetary Theory

by Michael Hudson
Featured Writer
Dandelion Salad
http://michael-hudson.com
March 8, 2012

RussiaToday on Mar 8, 2012

In this episode, Max Keiser and co-host, Stacy Herbert, discuss boating accidents with Sharkboy and Lava Girl and a futures market to lay off your Blythe Masters risk. In the second half of the show, Max talks to Dr. Michael Hudson about Modern Monetary Theory at the University of Missouri – Kansas City and about the Chicago Boys gutting the economic competition, literally.

Michael Hudson: EU: Democracy Incompatible with Debt Collection + Jon Corzine’s MF Global Firm Collapses

by Michael Hudson
Featured Writer
Dandelion Salad
http://michael-hudson.com
Nov. 3, 2011

Democracy Now
Nov 3 2011

AMY GOODMAN: World leaders are gathering in Cannes for the opening of the Group of 20 summit today. That’s the G20 summit. On the top of the agenda is Greece and the European debt crisis. The Greek prime minister, George Papandreou, is coming under intense criticism from European leaders for allowing the Greek people to decide if they want to accept the conditions of a $179 billion E.U. bailout.