KPFA interview with Dr. Michael Hudson

[Rajiv]

Another Interview with Michael Hudson on KPFA "From Cold War to Class War"

Listen here

Interview with financial economist and historian, Dr. Michael Hudson. Liquidity crisis in the banking system; wiping out of credit; demise of the dollar; stock volatility; hedge funds; sub-prime lending, real estate tax versus labor tax, etc. Dr. Hudson has been appointed Chief Economic Policy Advisor for the Kucinich for President campaign, and is writing a new tax policy for the United States. He is President of The Institute for the Study of Long-Term Economic Trend, a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City and author of "Super-Imperialism: The Economic Strategy of American Empire".

[FRED]

Re: KPFA interview with Dr. Michael Hudson

Another Interview with Michael Hudson on KPFA "From Cold War to Class War"

Listen here

Interview with financial economist and historian, Dr. Michael Hudson. Liquidity crisis in the banking system; wiping out of credit; demise of the dollar; stock volatility; hedge funds; sub-prime lending, real estate tax versus labor tax, etc. Dr. Hudson has been appointed Chief Economic Policy Advisor for the Kucinich for President campaign, and is writing a new tax policy for the United States. He is President of The Institute for the Study of Long-Term Economic Trend, a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City and author of "Super-Imperialism: The Economic Strategy of American Empire".

We re-interviewed Dr. Hudson last week. The interview will be available next week. Notable: Dennis Kucinich's and Ron Paul's economic policies are virtually indistinguishable. Both believe the Fed should be dissolved. Both believe that tax policy needs to be completely overhauled to encourage real economic growth versus finance economic growth. The major difference is that Paul thinks you can do this by virtually eliminated the role of government in economic planning and allowing markets to rule. Hudson, an economic historian, believes that is a religious and idealogical construct that has never working in practice and always results in the ceding of economic planning to corporations and financial institutions, with the kind or results we see today in the US. Hudson's solutions will make Milton Friedman libertarians' skin crawl, but the guy knows his stuff, so we're listening. We are also working on an interview with Ron Paul to get his perspective.

[Rajiv]

Re: KPFA interview with Dr. Michael Hudson

Great! The KPFA interview took place on the 3rd or 4th of August.

[Jim Nickerson]

Re: KPFA interview with Dr. Michael Hudson

We re-interviewed Dr. Hudson last week. The interview will be available next week. Notable: Dennis Kucinich's and Ron Paul's economic policies are virtually indistinguishable. Both believe the Fed should be dissolved. Both believe that tax policy needs to be completely overhauled to encourage real economic growth versus finance economic growth. The major difference is that Paul thinks you can do this by virtually eliminated the role of government in economic planning and allowing markets to rule. Hudson, an economic historian, believes that is a religious and idealogical construct that has never working in practice and always results in the ceding of economic planning to corporations and financial institutions, with the kind or results we see today in the US. Hudson's solutions will make Milton Friedman libertarians' skin crawl, but the guy knows his stuff, so we're listening. We are also working on an interview with Ron Paul to get his perspective.

Why not interview Kucinich too?

[FRED]

Re: KPFA interview with Dr. Michael Hudson

Why not interview Kucinich too?

The thinking is that Kucinich econ policy = Hudson econ policy, whereas Ron Paul's = Ron Paul's, as Paul is an economist and Kucinich is not. That said, we'll try to reach Kucinich, too.

[Rajiv]

Re: KPFA interview with Dr. Michael Hudson

BTW Ron Paul and Kucinich are pretty good friends -- and do co-operate on many bills. But of course they draw their support from different ends of the political spectrum

[Jim Nickerson]

Re: KPFA interview with Dr. Michael Hudson

The thinking is that Kucinich econ policy = Hudson econ policy, whereas Ron Paul's = Ron Paul's, as Paul is an economist and Kucinich is not. That said, we'll try to reach Kucinich, too.

So does it come down to who is the better economist: Hudson or Paul?

Or who is the better presidential candidate because of whatever is the individual's economic agenda: Kucinich or Paul?

[EJ]

Re: KPFA interview with Dr. Michael Hudson

So does it come down to who is the better economist: Hudson or Paul?

Or who is the better presidential candidate because of whatever is the individual's economic agenda: Kucinich or Paul?

The role of Kucinich and Paul is not to win the election. Clearly neither candidate has much chance of winning, and they know it. Their role is to get the real issues discussed by the candidates that are likely to win, to get some issues that matter on the table. The deal they later make with the winning candidates is, "Adopt some of the positions that are important to my followers and I'll endorse you." That's how the system works. Theirs are second order effect campaigns.

[Rajiv]

Re: KPFA interview with Dr. Michael Hudson

Kucinich started his political life fighting the Banks. See Dennis Kucinich Saved Cleveland's Muny Light




As a result of this, the Cleveland Mafia put out a contract on him. See The Mafia Plot To Kill Dennis Kucinich: A Former Cleveland Police Chief Finally Tells The Whole Story

The meeting went down at Burke Lakefront Airport in 1978. A small prop-engine plane owned by the Maryland State Police was parked on the tarmac. Inside was a sergeant from Maryland and "The Old Man," a professional hitman-turned-rat who was working with Maryland police in sting operations. Cleveland Police detective Ed Kovacic climbed into the plane and sat next to The Old Man.

Kovacic showed him a photo spread of suspects. The Old Man pointed to number four, Thomas Sinito. "This is Tommy," he said.

"Is that the man who hired you to hit Dennis Kucinich?" the Maryland officer asked.

"Yes."