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Prof. Michael Hudson - Latest News [Page 1]
Wall Street’s War against Main Street America
Thursday, 18 February 2010, 2:56 pm | Prof. Michael Hudson
Former Treasury Secretary Hank Paulson wrote an op-ed in The New York Times, (Feb. 16)[1] outlining how to put the U.S. economy on rations. Not in those words, of course. Just the opposite: If the government hadn’t bailed out Wall Street’s bad loans, ... More >>
The Financial Sector: "A House Burning Down"
Tuesday, 17 March 2009, 2:55 pm | Prof. Michael Hudson
On the March 15 CBS show "60 Minutes", Federal Reserve Chairman Ben Bernanke used a false analogy already popularized by President Obama in his quasi-State of the Union Speech. He likened the financial sector to a house burning down – fair enough, ... More >>
