Summary: "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. Download Michael Hudson's website is: http://www.michael-hudson.com Source: KPFA Guns & Butter Aired: 8/26/09 12:00 AMThis podcast is an aggregate of audio files freely available online. Please visit the original source and subscribe to the host website.
