takes a look at some of the core of the economic crisis.
Here is another one...
(a caution to all of you brainwashed McCarthy-ites... this economist is of a Lenin-Marxist persuasion.)
Important quote from article: "In short, what measures the capitalist economies are going to adopt in the face of this crisis today depends upon the extent to which the hegemony of finance capital can be confronted."
Will Obama confront the "hegemony of finance capital"?
Many of them are running his economic team.
"There is strong evidence that not only does President Obama’s team of economic advisors owe their professional advancement to the Wall Street cartel of financial firms, but also the President himself is greatly indebted to the cartel for its behind-the-scene promotion of his presidential candidacy, and for their generous contributions to his campaign."
I read an article that asked a great question: Are the capitalistic problems we seeing today systemic problems or individual problems?
His answer was along the lines of... Capitalism breeds the venal perpetrators, and rewards the most unscrupulous among them. The crimes and crises are not irrational departures from a rational system, but the converse: they are the rational outcomes of a basically irrational and amoral system.
What do you all think?