Afshin Rattansi talks to Michael Hudson about Nationalizing

Afshin Rattansi in Tehran talks to Michael Hudson (former Wall Street economist specializing in the balance of payments and real estate at the Chase Manhattan Bank (now JPMorgan Chase & Co.), Arthur Anderson, and later at the Hudson Institute (no relation). In 1990 he helped established the worlds first sovereign debt fund for Scudder Stevens & Clark. Dr. Hudson was Dennis Kucinichs Chief Economic Advisor in the recent Democratic primary presidential campaign, and has advised the U.S., Canadian, Mexican and Latvian governments, as well as the United Nations Institute for Training and Research (UNITAR). A Distinguished Research Professor at University of Missouri, Kansas City (UMKC), he is the author of many books, including Super Imperialism: The Economic Strategy of American Empire (new ed., Pluto Press, 2002))

Category:

News & Politics

Tags:

• goldman
• morgan
• stanley
• citigroup
• wells
• york
• merrill
• paulson
• bush
• cheney
• bernanke
• bair
• cox
• sec
• fed
• bailout

[odin422]

The fake monetary system is COLLAPSING!

[jonah70757]

The Financial Oligarches own or have serious influence over most media.

[Paolo7219]

True. And it IS painful to think of it that way. But the banksters pay too much bribe money to let it happen. Remember: the first bank bailout vote was a "No". Then the second vote was the right one: "Yes" to the bailout. The Public be DAMNED. Well at least we know who runs the US of A.

[motina10]

And will be replaced by another fake one.

[siddhaam]

Hudson says it as it is.

Honest and brave man.

[jonah70757]

Since member Banks own the Fed the stockholders of these banks in esscence own the Fed. If there stock holdings were wiped out it would mean the end of the Fed as the Institution it had been. Oh my if the American people only knew how close they were tp regaining their freedom from the tryranny of the Banksters.

[outragedpalmer]

Done.