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How the Scam Works: The “Free Market” at Work, Financial Style

Newspaper reports seem surprised at how high banks are bidding for the junk mortgages that Mr. Geithner is now bidding for, having mobilized the FDIC and Fed to transfer yet more public funds to the...

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Flame Retardant Chemicals Taint All U.S. Coastal Waters

Chemicals used as flame retardants in consumer products since the 1970s now are found in all U.S. coastal waters and the Great Lakes, with elevated levels near urban and industrial centers, according...

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Obama's New World Order

This article addresses Washington’s financial coup d’etat in the context of discussing Michael Hudson’s important, very lengthy and detailed April 5 Global Research.ca one titled: “The Financial War...

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Video: Max Keiser On the Edge – 5-29-09

“How about water-boarding for Tim Geithner and Hank Paulson” – Max [youtube=http://www.youtube.com/watch?v=PTrl7O2xYuI] [youtube=http://www.youtube.com/watch?v=4Sl-RFNQ0M0]...

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The American Empire Is Bankrupt

This week marks the end of the dollar’s reign as the world’s reserve currency. It marks the start of a terrible period of economic and political decline in the United States. And it signals the last...

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The Cause – The cause of all wars throughout history is interest-bearing debt

Entirely unsuspected, except by a few astute observers, they cunningly and patiently wove a web in which they have entrapped mankind. — Emanuel Josephson, 1968 Most of the real history of the world has...

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Hudson: The Financial Parasites Have Killed the American Economy, and They...

Michael Hudson is a highly-regarded economist. He is a Distinguished Research Professor at the University of Missouri, Kansas City, who has advised the U.S., Canadian, Mexican and Latvian governments...

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Audio: Guns And Butter – Dress Rehearsal For Debt Peonage

“Dress Rehearsal For Debt Peonage” with economist Dr. Michael Hudson on why the banks are returning the bailout money; bank fees and penalties; banks prefer default to foreclosure; debt as wealth;...

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MSM: The BBC's amazing U-turn on climate change

I think the BBC wanted to slip this one out quietly, but a Matt Drudge link put paid to that. The climate change correspondent of BBC News has admitted that global warming stopped in 1998 – and he...

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Video: Hosts and Parasites – The Consequences of Default

Michael Hudson on Max Keiser – What happens when a country goes broke? [youtube=http://www.youtube.com/watch?v=Rj4crMCg-XY&feature=player_embedded] Part2...

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Self-defence Stories from Gaza

According to Amnesty International, some 1,400 Palestinians were killed in the 22-day Israeli offensive between 27 December 2008 and 17 January 2009, which agrees broadly with Palestinian figures. More...

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Wall Street’s Power Grab – Michael Hudson

You almost could hear the bankers heave a sigh of relief when Haiti’s earthquake knocked the Financial Crisis Inquiry Commission hearings off the front pages and evening news broadcasts last week. At...

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Video: "Why We Should Get Out Of Afghanistan"– George Galloway

STOP THE WAR COALITION Meeting 27 January 2010 – Speakers: Tony Benn, George Galloway MP, Kate Hudson (CND), Lindsey German (Stop the War), 7pm, Camden Centre, Bidborough Street, London WC1H 9DB Video...

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Predatory Finance: The New Mode of Global Warfare – Michael Hudson

“Coming events cast their shadows forward.” – Goethe What is to stop U.S. banks and their customers from creating $1 trillion, $10 trillion or even $50 trillion on their computer keyboards to buy up...

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Will China’s Yuan Overtake US Dollar? – Andrew Gavin Marshall and Michael Hudson

(RussiaToday) – US President Barack Obama is hosting China’s President Hu Jintao to discuss their economic co-dependence, currency and trade. Does this mean the US is losing ground to China’s new found...

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Labor Day Has Been Rendered Completely Meaningless (Happy Serf Day)

Labor Day … Or Serf Day? (WashingtonsBlog) – As I noted in 2008: A highly-regarded economist (Michael Hudson, Distinguished Research Professor at the University of Missouri, Kansas City, who has...

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