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Dress Rehearsal For Debt Peonage - Michael Hudson, #184

Dress Rehearsal For Debt Peonage - Michael Hudson, #184

Why the banks are returning the bailout money; ba…

Guns and Butter

April 21, 201558m 22s

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Show Notes

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.  Aired: August 26, 2009 Visit Guns and Butter at: http://www.gunsandbutter.org