C-Realm Podcast

KMO reads a passage about the feedbacks between the real economy and the speculative economy before playing a conversation with Web of Debt author Ellen H. Brown about the refusal of Citigroup, Wells Fargo, and JPMorgan Chase (which each got $25 billion in bailout money from the taxpayers) and Bank of America (which received $15 billion) to accept IOUs from the state of California to help overcome its budget shortfall. The discussion touches on the performance to date and possible motives of US President Barak Obama.

Music by Tibet2Timbuk2