Michael Hudson — 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; 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.<br /><br /><embed allowscriptaccess="never" bgcolor="#ffffff" flashvars="playerMode=embedded" height="27" quality="best" src="http://www.google.com/reader/ui/3247397568-audio-player.swf?audioUrl=http://aud1.kpfa.org/data/20090826-Wed1300.mp3" type="application/x-shockwave-flash" width="400" wmode="window"></embed><br /><a href="http://aud1.kpfa.org/data/20090826-Wed1300.mp3">Download</a><br /><br />Michael Hudson's website is: <a href="http://www.michael-hudson.com/">http://www.michael-hudson.com</a><br /><br />Source: <a href="http://www.kpfa.org/archive/id/53994">KPFA Guns &amp; Butter</a><br />Aired: 8/26/09 12:00 AM<div class="blogger-post-footer">This podcast is an aggregate of audio files freely available online. Please visit the original source and subscribe to the host website.</div>