Showing posts with label The Real News Network. Show all posts
Showing posts with label The Real News Network. Show all posts

Monday, March 7, 2011

Michael Hudson — "World Tired of Paying Bill for US Military" on The Real News Network (December 26, 2010)

Michael Hudson — "World Tired of Paying Bill for US Military" on The Real News Network (December 26, 2010)

Michael Hudson: World Tired of Paying for US Military — 26 Dec 2010 — Hudson explains how the US dollar's status as the global reserve currency extracts extra financial value that America uses to fund its military. But other countries are recognizing this and are slowly moving away from the dollar for their transactions.

Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City and author of Super-Imperialism: The Economic Strategy of American Empire (1968 & 2003), Trade, Development and Foreign Debt (1992 & 2009) and of The Myth of Aid (1971). ISLET engages in research regarding domestic and international finance, national income and balance-sheet accounting with regard to real estate, and the economic history of the ancient Near East. Michael acts as an economic advisor to governments worldwide including Iceland, Latvia and China on finance and tax law.

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Michael Hudson's website is: http://www.michael-hudson.com

Source: The Real News Network
Aired: 12/26/10 12:00 AM

Bill Black — "Reagan Made S&L Crisis Vastly Worse" on The Real News Network (February 7, 2011)

Bill Black — "Reagan Made S&L Crisis Vastly Worse" on The Real News Network (February 7, 2011)

Former S&L regulator Bill Black explains the Reagan administration's role in deepening the Savings & Loan crisis of the 1980s.

William K. Black, associate professor of economics and law at the University of Missouri, Kansas City, teaches White-Collar Crime, Public Finance, Antitrust, Law & Economics. A former financial regulator, he held several senior regulatory positions during the S&L debacle. Black is the author of The Best Way to Rob a Bank Is to Own One (2005) which focuses on the role of “control fraud” in financial crises. Black developed the concept of "control fraud" — frauds in which the CEO or head of state uses the entity as a "weapon." Control frauds cause greater financial losses than all other forms of property crime combined.

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Bill Black's website is: University of Missouri-Kansas City School of Law

Source: The Real News Network
Aired: 02/07/11 12:00 AM

Michael Hudson — "Reaganomics Sucked Wealth up, Did Not Trickle it Down" on The Real News Network (06 Feb 2011)

Michael Hudson — "Reaganomics Sucked Wealth up, Did Not Trickle it Down" on The Real News Network (06 Feb 2011)

Reaganomics Sucked Wealth Up; It Did Not 'Trickle Down' — 06 Feb 2011 — Michael Hudson casts a forensic economist's eye on the tax and regulatory changes enacted under Reagan that started the ball rolling for the owners of the FIRE sector (finance, insurance, real estate). The rich-get-richer free-for-all continued through the 1990s and 2000s and culminated in the banking and financial chaos we see today.

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Michael Hudson's website is: http://www.michael-hudson.com

Source: The Real News Network
Aired: 02/06/11 12:00 AM