Dress Rehearsal for Debt Peonage, #184 with Michael Hudson
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Why the banks are returning the bailout money; bank fees and penalties; banks prefer default to foreclosure; debt as wealth; Obama’s Financial Regulatory Reform Proposal and its six major flaws; the deregulation-by centralization ploy; failure to reform the economy will lead to debt peonage.
(Republished from Guns & Butter by permission of author or representative)

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