Tag Archives: michael hudson

QE3 Another Fed Give Away to the Banks

Shoveling money to the banks not meant to create jobs, it’s a way to give banks even more speculative capital and prepare them for another meltdown

HUDSON: QE3 was basically a program for the Federal Reserve to give money to the banks until Beethoven writes his 10th Symphony. There is no connection to employment whatsoever.
Transcript

[KR279] Keiser Report: Beggars Without Borders

We discuss debt piles and thin dimes. They also discuss Christine Lagarde begging for money outside Penn Station while insider trading bankers ‘charitably’ talk to beggars at Grand Central. In the second half of the show Max talks to economist Michael Hudson about the austerity, debt and fraudulent conveyance.

On the Edge with Dr. Michael Hudson

Interview with Dr. Michael Hudson. Hudson maintains that President Obama’s second-term plan is to shrink US wages by 30% because his Chicago-school casino capitalist backers demand it. The Chicago School is the economic model the U.S. exports globally and it is a business model of cheating and free lunches. Today’s global inflation in commodities is a direct consequence of this global financial war by the Chicago School of economics against the workers, savers and producers of the world.

[KR49] Keiser Report – Markets! Finance! And Michael Hudson!

Stacy Summary: In this episode, we look at the scandals of financial wiseguys that ‘know nothing,’ including famed ‘value investor,’ Warren Buffett who says he knows nothing about his investments and nothing about how ratings contributed to the housing bubble. In the second half of the show, Max interviews economist Michael Hudson about the Latvian economy and real liberal economics.