Tadit's blog

The Return of Rentier Capitalism Welcome to Neo-Feudalism or By the Way, Where did I put that Pitchfork ?

Welcome to Neo-Feudalism or By the Way, Where did I put that Pitchfork ?I

Surviving Progress: Economic Policies is where it starts



This is a segment of a full length BBC documentary under the title "Surviving Progress." Michael Hudson explains how the late Roman Empire caused the nominal Dark Ages, through asset stripping of both the Roman empire and every other nation it came in contact with. The early part of the Roman Empire was based upon a level of real democracy, and access to land for soldiers.

Steve Keen on the comparison of Keynes's Bancor against Sec US Treasury White's US Dollars as the global Reserve Currency


from Steve Keen
I was invited to give a speech on that topic to the Second Meeting of Ministers of Finance of the CELAC in Quito, Ecuador today (November 29 2013). In it I outlined Keynes’s Bancor proposal from Bretton Woods, explained why White’s plan was adopted instead, supported the proposal by Zhou Xiaochuan, the Governor of the Central Bank of China, to institute Keynes’s scheme, and proposed that Latin America could try a regional version of the same via the Bank of the South.

US President J.F.Kennedy and Federal Budgetary Policy, Posted by Mat Forstater, NEP Nov 22nd 2013

JFK and Federal Budgetary Policy

By Mathew Forstater

On this, the 50th anniversary of the assassination of President John F. Kennedy, we would do well to remind ourselves that another loss resulting from that fateful day was that of a progressive trend in leadership regarding federal budgetary policy. The points are expressed so clearly they require no interpretation or commentary.

President John Fitzgerald Kennedy
Commencement Address, Yale University, June 11, 1962

Looking for the Lenders’ Little Helpers (about mortgage fraud)

Looking for the Lenders’ Little Helpers

Dismantling the Temple

Temple= the US Federal Reserve
By William Greider
from the August 3, 2009 edition of The Nation. July 15, 2009

The Politics of Stinginess- Stimulus Arithmetic

The Fed As Super Duper Regulator? Will We be Duped Again?

 By L. Randall Wray

     Treasury Secretary Geithner is floating a plan that would consolidate more power in the hands of the Fed. The idea is that because it failed so miserably over the past decade to recognize a series of asset bubbles and growing systemic risk, it should be placed in charge of assessing and controlling systemic risk. You've got to love the logic. Could it have anything to do with the fact that Geithner came from the NY Fed where he used to cozy-up to Wall Street banks?

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