"US debt is largely fictitious"

"US debt is largely fictitious"

The United States is in serious debt but the latest numbers show the US national debt has surpassed $14 trillion. From June, 2010 until the end of the year the US racked up another trillion dollars worth of debt. Economist Michael Hudson says the important thing to realize is the government doesn't borrow money it creates it, the whole issue of whether the US has a debt problem is largely fictitious.

Put main street before Wall Street

Put main street before Wall Street


America spends as much as every other country combined on their defense, yet the American people continue to suffer without jobs and hope. With Wall Street receiving record bonuses, what can be done? Professor and Economist Michael Hudson says the press and the media are not telling people that there is another alternative, put main street before Wall Street, it seems simple enough.