Richard Wolff: Why the Economic Crisis Deepens

[truth2power]

3. Marmar - Is this part of a longer talk being given by Prof. Wolff? I notice that he's

speaking at a New School lectern. I tried to find it with "properties" but no luck. He teaches at the New School.

From this video: Wealthy people lend to the Government (a churning of money).

The U.S. Government could tax the wealthy and the corporations. Instead, they borrow from the SAME wealthy /corps. and pay them back with interest.

Also: "The Communist government of China is financing the crisis activities of the Capitalist govt. of the United States. "

I wish Pres. Obama would have a meeting with Prof. Wolff. "Course, I know why that's never going to happen.