[P2P-F] Michael Hudson video *****

[Natalie Golovin]

That’s what I said..Corrupt, conniving businessmen use liberal causes like affordable housing and turn it to their own ends. James A Johnson did that exact thing re Fannie-Freddie. As the current bottom up revolution develops-there will be squabbling, discontent and malfactors waiting in the wings. My mail was about realizing that there are ethical voices out there that your “group” has not recognized and have much to contribute. It really comes down to the individual morality of the leaders or representatives. I’m convinced a Monarchy can have more freedom than a Democracy-if the Monarch uses his power beneficently. There are selfish, unscrupulously people everywhere-even in the homes of those supporting the “Commons.”

From: Michel Bauwens 
Sent: Wednesday, October 12, 2011 12:02 PM
To: P2P Foundation mailing list 
Subject: Re: [P2P-F] Michael Hudson video *****

and just a remark, for several decades, we had very successful and relatively uncorrupt public housing in Europe, which helped millions of working class people to a house, either through cheap rent or cheap mortgages .. in fact, the real estate bubbles started at pretty much the same time they stopped doing this, and housing shortages became permanent after this ...

just to mention the example of my own family, in a country which still had child labourers dying in their teens until the fifties, 'government policies' insured free education, free healthcare, cheap quality housing, allowing a child of two orphan working class parents to go to the university ...

all of this was slowly dismantled, but not completely, in the 80's with the neoliberal counterrevolution ...

I would not be surprised if U.S. welfare institutions were gutted and defunded, then blamed for their failures because they were 'government' ...

I'm not saying this as an absolute fan of 'government', just as a counterpoint to the right-libertarian myth that governments are always bad and corporations always good (I'm slightly exagerating but the essence is really that)

Natalie, most often you will see that those pocketing the $$$ are not 'liberals' but actually archconservatives using libertarian justifications for their looting ...

Michel




On Wed, Oct 12, 2011 at 8:36 PM, Natalie Golovin <10natalie at cox.net> wrote:

  Hello Peers-I've been following Michael Hudson for a long time. Libertarian
  economic ideas are shunned by mainstream candidates & progressives won't
  listen with open minds. If you like Hudson & Yves Smith- maybe P2P could
  listen more carefully to details put forth by Ron Paul, Ralph Nader, Dennis
  Kucinich. Not the panacea you imagine, but much closer to freedom then the
  criminals in charge now. Hope you've read "Reckless Endangerment" and
  learned how conniving businessmen used affordable housing and were protected
  by an aura of political correctness-to build the Fannie/Freddie scheme.
  Often regulatory capture is used by the Left to promote equality but the $$$
  ends up in the pockets of the liars-posing as liberals.


  -----Original Message-----
  From: ideasinc at ee.net
  Sent: Wednesday, October 12, 2011 5:46 AM
  To: P2P Foundation mailing list ; toeslist.yahoogroups.com
  Subject: [P2P-F] Michael Hudson video *****

  In this Real New Network interview Michael Hudson has put forth the best
  reasoning that I've heard favoring state banking. It is to treat the
  entire banking sector as a public utility function only. This brings the
  MMT and FF principles for fiscal policy reform into prominence by having
  the rest of the necessary reform agenda. Reiteration, a major part of the
  problem is the banking culture itself. Shifting that sector primarily
  toward functioning as a regulated, public utility. Eliminating the
  fractional reserve franchise is another line on a reform agenda.
  Re-establishing the debt free supply of currency is another agenda line.
  Countercyclical intervention to create jobs is another slice of functional
  finance fiscal policies. Repairing, building, and expanding public
  infrastructure is another entry.


  Tadit





   http://ampedstatus.org/michael-hudson-on-occupywallstreet-wall-street-is-a-crime-gang-a-criminal-organization-ows-video/

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