Ralph Nader and Nomi Prins: Permanent Distortion: How Financial Markets Abandoned the Real Economy Forever

Renew the Glass-Steagall Act

Image by Peg Hunter via Flickr

Dandelion Salad
April 2, 2023

with Ralph Nader

Ralph Nader Radio Hour on Apr 1, 2023

We are joined for the full hour by geopolitical financial expert and financial historian, Nomi Prins, to discuss her new book, Permanent Distortion: How Financial Markets Abandoned the Real Economy Forever, which highlights the huge gap between the high-flying stock market, versus back down here on earth, where average people struggle to make ends meet.

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Michael Hudson and Radhika Desai: Did Big Banks Take Over the Treasury?

US Treasury

Image by Kurtis Garbutt via Flickr

by Michael Hudson
Writer, Dandelion Salad
April 1, 2023

Geopolitical Economy Report on Mar 25, 2023

Economists Radhika Desai and Michael Hudson discuss the US banking crisis in this episode of their program Geopolitical Economy Hour.

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Ralph Nader: Spank the Banks + Reimagining Universities

Alternative Bailout Plan

Image by Mike Licht via Flickr

Dandelion Salad
March 26, 2023

with Ralph Nader

Ralph Nader Radio Hour on Mar 25, 2023

Ralph welcomes economist, attorney, and investigative journalist, James Henry for his expert take on what is going on in the banking system and what we can do to keep it from blowing up. And Professor and former Nader’s Raider, Alison Dundes Renteln, takes on the commercialization of our universities in her book The Ethical University: Transforming Higher Education.

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Michael Hudson and Dennis Kucinich: The Anatomy of Bank Failures, the Financialized Economy and Collapse

Capitalism

Image by Ross via Flickr

by Michael Hudson
Writer, Dandelion Salad
March 23, 2023

Overview: This was an impromptu conversation precipitated by former Congressman Dennis Kucinich to have a deep dive discussion with a former economic advisor, Michael Hudson, on the shockingly large recent bank collapses. As the former chair of the powerful Government Oversight Subcommittee, Kucinich had a ringside seat in unraveling the bank collapses after the housing bubble burst. He confronted the players in the field with withering questions in Congressional hearings. Now Kucinich wanted important feedback from a banking insider on how this crisis was different than the one in 2008.

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Reckless Capitalist Banks Rescued by Government Socialism – Again! by Ralph Nader

capitalism is the crisis

Image by Alex Cameron via Flickr

Dandelion Salad

by Ralph Nader
The Nader Page, Mar. 20, 2023
March 22, 2023

Once again, government socialism – ultimately backed by taxpayers – is saving reckless midsized banks and their depositors. Silicon Valley Bank (S.V.B) and Signature Bank in New York greedily mismanaged their risk levels and had to be closed down. The Federal Deposit Insurance Corporation (FDIC), in return, to avoid a bank panic and a run on other midsized banks went over its $250,000 insurance cap per account and guaranteed all deposits – no matter how large, which are owned by the rich and corporations – in those banks.

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Michael Hudson: Why 3 US Banks Collapsed in 1 Week + Why the Banking System is Breaking Up + The Mechanics of a Bond Market and its Impact on the Banking Crisis

Capitalism Is Crisis

Image by Steffi Reichert via Flickr

by Michael Hudson
Writer, Dandelion Salad
March 16, 2023

Geopolitical Economy Report on Mar 14, 2023

Economist Michael Hudson analyzes the collapse of Silicon Valley Bank, Silvergate, and Signature Bank, explaining the similarities to the 2008 financial crash.

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