We are debt slaves

Economist Michael Hudson explains how economics lead to Trump and the need for Revolution.

He reviews debt history - all the way back to Babylonian law which called for the forgiveness of debt.  Hudson traces the line from there to the Roman Empire purging these debt forgiveness laws under force of violence.

Today we suffer from this rotten historical record.

Here in Maine we have a very poor state.  Our roads and bridges, schools and hospitals, education and social care programs are all in big trouble.

Maine's solution is that each election the people vote to approve more Bonds (borrowing money from Wall Street) which keeps the state in eternal debt.  The people become even more impoverished.  It kills the children's future.

It's an evil system.

Hudson blows the lid on Obama's slight of hand - representing Wall Street while keeping the 'liberal base' under control. Obama smiled and graced the White House with his 'Tuesday drone Kill List' and attacks on Libya, the take down of Ukraine and the war in Syria.

Citi Group owned Obama.

The Crown family in Chicago (majority stock holders in the General Dynamics Corporation which owns Bath Iron Works here in Maine where destroyers are built) helped Obama raise funds across the nation in his first White House race when he received more campaign donations from the military industrial complex than his rival Sen. John McCain did.

So from the start Obama was bought and sold by Wall Street and the war machine - among other notables I'm sure.

A frequent refrain heard these days is 'if we could just go back to the Obama times in America every thing would be alright again'.  Pure fantasy.

American is ruled by corporate oligarchies.  Democracy is a show horse - a Hollywood and Madison Avenue fabrication.  We are being hollowed out.

The Democrats are simply the liberal wing of corporate control.  That is why anyone who tells this truth inside the Democrats is vilified by the corporate media. 

The only solution is political independence and a strong drive to critique and organize to change the entire system.  It also helps to stop watching MSNBC, listening to NPR and reading the New York Times.

Bruce