Tag Archives: Michael Hudson

Perpetual Motion Machine

Posted on June 28, 2019 by camelotkidd

Most American assume that the US is involved in multiple Middle-East wars because of oil but it’s actually about the dollar as the worlds reserve currency. Allow me to explain. In 1971 President Nixon took the US off the … Continue reading →

Posted in neoliberals | Tagged Donald Trump, Ellen Brown, financial engineering, Iraq, Libya, Michael Hudson, regime change, reserve currency, Saudi Arabia | Leave a comment

PayGo

Posted on January 17, 2019 by camelotkidd

PayGo is bad economics and bad politics, but naturally it was the first order of business for the newly elected Democratic Speaker of the House–Nancy Pelosi. Despite resistance from progressive Democrats, the House rules package for the 116th Congress will … Continue reading →

Posted in neofeudalism, neoliberals, propaganda | Tagged Barak Obama, Brexit, Donald Trump, financialization, Hillary Clinton, Killing the Host, Michael Hudson, Milton Friedman, MMT, Nancy Pelosi, neoliberalism, Pay-Go, University of Chicago, Wall Street, Yellow Vests | Leave a comment

Ten Years After

Posted on September 20, 2018 by camelotkidd

Ten years ago the US stock market tanked, and for the next several weeks financial markets were a cluster-fuck of panic and chaos. Americans were frightened of what was happening in the economy. The real estate market had collapsed. Venerable Wall … Continue reading →

Posted in neofeudalism, neoliberals, propaganda | Tagged Barak Obama, Ben Bernanke, Bill Black, Donald Trump, Henry Paulson, Matt Stoller, matt taibbi, Michael Hudson, Timothy Geithner, Too Big to Jail, Wall Street, wall street crash | Leave a comment

Junk Economics

Posted on December 7, 2017 by camelotkidd

Over the weekend, the US Senate passed the most drastic rewrite of America’s tax system since the Reagan administration, which is expected to mostly benefit the wealthiest Americans. This new tax cut legislation should provide further proof that the United … Continue reading →

Posted in neofeudalism, neoliberals | Tagged Democrats, Edward Bernays, J is For Junk Economics, Michael Hudson, neo-feudalism, neoliberalism, Republicans, Senate | Leave a comment

Washington Generals (Part 2)

Posted on June 12, 2017 by camelotkidd

How can the Democratic Party effectively oppose Trump and get back into power after they’ve lost over a thousand seats nation-wide since 2008? Oh, I know. Maybe former Vice-President Joe Biden, a Democrat, can show up at a swanky Deer … Continue reading →

Posted in neofeudalism, neoliberals | Tagged corporate media, Deer Valley, extractive, financialization, gonzo-journalism, Joe Biden, Killing the Host, looting, matt taibbi, Michael Hudson, Mitt Romney, Mittens, neofeudalism, opposition party, Rolling Stone | Leave a comment

N is for Neofeudalism

Posted on April 5, 2017 by camelotkidd

Everything that was old is new again. Take feudalism, it’s making a comeback. The US economy is trending towards wage bondage and economic polarization, with an all-American debt peonage that I’ve come to call neofeudalism. Heterodox economist Michael Hudson explains how … Continue reading →

Posted in neoconservatives, neofeudalism, neoliberals | Tagged A Brief History of Neoliberalism, austerity, bankers, bankers in orange jumpsuits, banksters, bondholders, debt, debt serfdom, dystopian, financialization, J is For Junk Economics, Michael Hudson, Middle-Ages, neo-feudalism, neoliberalism, privatization, science fiction, serfs, serfs up, starving the beast | Leave a comment

Evil Is Easy (Part 2)

Posted on March 23, 2017 by camelotkidd

Wall Street, the too-big-to-fail-banks, and the financial industry control our lives for the worse. How did this come to pass? From the New Deal up until the 80’s finance was heavily regulated, staid, boring even. Finance was also a … Continue reading →

Posted in neoliberals | Tagged Allen Greenspan, Chicago Boys, democracy equated with capitalism, evil is easy, federal reserve, financial industry, greed, homelessness, Killing the Host, Michael Hudson, neoliberalism, President Obama, President Reagan, Wall Street | Leave a comment

Abhorrent to the vested interests

Posted on February 28, 2017 by camelotkidd

Economist, Michael Hudson, is an iconoclast who writes and speaks against neoliberal economic orthodoxy. His latest lecture connects early Christianity with economic history, and argues that the reason Jesus was crucified was because he advocated a jubilee, or debt forgiveness. … Continue reading →

Posted in neoliberals | Tagged abhorrent to the vested interests, Brothers Karamazov, Charles Dickens, debt, debt forgiveness, debt serfdom, Democratic Party, Democrats, Dostoevsky, economics, Grand Inquisitor, Jesus Christ, Jesus was a radical, jubilee, Listen Liberal, Michael Hudson, MMT, Nancy Pelosi, prosperity-gospel, Roman empire, technocratic liberalism, Thomas Frank | Leave a comment

Planned economy

Posted on December 21, 2016 by camelotkidd

The election of Donald Trump has caused an outpouring of grief and many commentators are convinced that the end of the world is nigh. However, Trump didn’t get us to this place, he was just a savvy opportunist who … Continue reading →

Posted in neoconservatives, neoliberals | Tagged Allen Greenspan, Bernie Sanders, Chicago Boys, classic economics, deep state, DNC, Donald Trump, economic planning, federal reserve, financialization, Hillary Clinton, Janet Yellen, Michael Hudson, neoliberals, planned economy, shareholder value, socialism, University of Chicago, Wall Street | Leave a comment

FIRE Alarm

Posted on May 17, 2016 by camelotkidd

We used to make things and employee people who were paid wages that they spent back into the economy. Finance properly allocated capital for productive ends rather than speculation and fraud. We had a productive economy that benefitted Main Street … Continue reading →

Posted in Uncategorized | Tagged Adam Smith, Austrian School, banana republic, debt serfdom, elite resistance, financialization, FIRE sector, inequality, infrastructure spending, John Stewart Mill, Justice Brandeis, Main street, Michael Hudson, Milton Friedman, neoliberalism, Road to Serfdom, Simon Patten, tollbooth economy, Wall Street | Leave a comment