We face a worldwide downward spiral and the capture and instrumentalization of the state by big capital. We face a repressed 40-year crisis of capital, a neoliberal counter-revolution of reduced corporate taxes, wage stagnation, language distortion and state indebtedness,
Michael Hudson and Richard Wolff on debt and recession. Michael Hudson and Richard Wolff discuss the theatrics of the debt debate in Washington and why debt does matter
http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=6652
Dean Baker: GOP Budget Ends Medicare. Media is failing to report how radical Republican budget is.
http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=6654
Original: Videos on Debt and Recession: Michael Hudson, Richard Wolff and Dean Baker