Economy Professors Debate Debt and Recession

Michael Hudson and Richard Wolff discuss the theatrics of the debt debate in Washington and why debt does matter-youtube
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Tags for this video have been changed from 'Hudson, Wolf, The real news' to 'Hudson, Wolf, The real news, class war' - edited by dystopianfuturetoday

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What amazes me is how there are so many people with considerable influence in America that can do nothing against the corporatist takeover. I would have thought at some point, some individual with some inside connections would have stepped in and whispered in Obama's ear - hey, that's enough now.

By the way, who should be considered the true culprits here, the lack of transparency at the trilateral commission/Bilderberg meetings, the CEO's that head the most influential corporations, do we look directly at the campaign contributions and point fingers? It seems like it's quite difficult to pin it down to any one list of name's or companies, but it seems that such a list should be made, else there will be no place to start when it comes to making fixes.

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