All,
This riveting discussion by Naomi Klein, Michael Hudson, and Robert Kuttner on Amy Goodman's excellent program "Democracy Now!" is by far the most honest and erudite yet of the actual severe contradictions, inadequacies, misrepresentations, and weaknesses within Obama's new highly problematic, deeply compromised, and politically elitist economic team, and what their historically complicit role in the current massive capitalist crisis of the thoroughly corrupt U.S. multinational banking system and heavily subsidized financial institutions (via criminally huge public bailouts) augurs for the general future of the American/global economy vis-a-vis Obama's professed and now empirically suspect vision of genuine social and economic "change". All three participants in this discussion are highly prescient and insightful in their respective invaluable analyses and Klein and Hudson are particularly sharp and hard hitting as well as highly skeptical about Obama's new selections of people like the largely conservative economic and financial staff policy advisors Larry Summers (formerly Clinton's Treasury Secretary and now head of Obama's National Economic Council) and Timothy Geithner, Obama's new Secretary of the Treasury (and Summers's former protege). Very disturbing to say the least. Clearly we all have a lot of political organizing work to do to help fully counter and critically oppose the so-called 'safe' and 'conventional wisdom' of Obama's new economic team and their policies...
Kofi
This riveting discussion by Naomi Klein, Michael Hudson, and Robert Kuttner on Amy Goodman's excellent program "Democracy Now!" is by far the most honest and erudite yet of the actual severe contradictions, inadequacies, misrepresentations, and weaknesses within Obama's new highly problematic, deeply compromised, and politically elitist economic team, and what their historically complicit role in the current massive capitalist crisis of the thoroughly corrupt U.S. multinational banking system and heavily subsidized financial institutions (via criminally huge public bailouts) augurs for the general future of the American/global economy vis-a-vis Obama's professed and now empirically suspect vision of genuine social and economic "change". All three participants in this discussion are highly prescient and insightful in their respective invaluable analyses and Klein and Hudson are particularly sharp and hard hitting as well as highly skeptical about Obama's new selections of people like the largely conservative economic and financial staff policy advisors Larry Summers (formerly Clinton's Treasury Secretary and now head of Obama's National Economic Council) and Timothy Geithner, Obama's new Secretary of the Treasury (and Summers's former protege). Very disturbing to say the least. Clearly we all have a lot of political organizing work to do to help fully counter and critically oppose the so-called 'safe' and 'conventional wisdom' of Obama's new economic team and their policies...
Kofi
