Tom Ferguson: Obama’s Economy Plan “Recipe For Disaster”

(10 am. – promoted by ek hornbeck)

Crossposted from Antemedius

Thomas Ferguson is a political scientist and author who studies and writes on politics and economics, often within an historical perspective. He is a Political Science professor at the University of Massachusetts Boston, a contributing editor of The Nation, and is also the author of several books, the most recent of which is Golden Rule: The Investment Theory of Party Competition and the Logic of Money-Driven Political System.

Today, in the fourth of a series of interviews with Real News CEO Paul Jay, Ferguson calls the Obama/Geithner/Summers plan a “recipe for disaster”.

Real News – April 4, 2009

Obama should save the banks, not the bankers Pt.4

Tom Ferguson: Obama’s plan is a “recipe for disaster, if the US reflates, the rest of the world doesn’t”

Note: I believe this interview was done before the G20.


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    • Edger on April 4, 2009 at 22:11

    Looks like maybe Obama is President there too. Or Summers or Geithner?

  1. have seen.  It is, indeed, very dangerous!  

    I hope to get something out on that tomorrow!  (If not, I will contact you — Very Important!)

    but if I don’tm, by chance, I’m going to forward the info. to you — it’s THAT I

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