Click here to access article by Michael Hudson from Democracy at Work for Economic Justice.
Wow! After reading this article and the following post featuring Hudson's views of the Social Security system, so many thoughts have rushed through my brain like a raging torrent after a heavy rain. Because they have overflowed my banks of good judgement, I will wait until tomorrow to critique his views as expressed in both posts. To be sure his views on Social Security in the US is right on, but his overview of political reality leaves much to be desired. I will concentrate my commentary tomorrow on the latter.