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	<title>Underground Dissident &#187; Mike Whitney</title>
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	<description>Independent and anti-establishment</description>
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		<title>Lining Up for the Wall Street Gravy Train</title>
		<link>http://www.undergrounddissident.com/dissident/mike-whitney/lining-up-for-the-wall-street-gravy-train</link>
		<comments>http://www.undergrounddissident.com/dissident/mike-whitney/lining-up-for-the-wall-street-gravy-train#comments</comments>
		<pubDate>Sat, 02 Jan 2010 00:16:33 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Mike Whitney]]></category>
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		<guid isPermaLink="false">http://www.undergrounddissident.com/?p=1391</guid>
		<description><![CDATA[British economist John Maynard Keynes, believed in capitalism, but he was also sharply critical of its structural flaws. He summed it up succinctly like this: &#8220;Our analysis shows&#8230; that long-run development is not inherent in the capitalist economy. Thus, specific &#8216;development factors&#8217; are required to sustain a long-run upward movement.&#8221; What Keynes was alluding to [...]]]></description>
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		</item>
		<item>
		<title>Obama&#8217;s Role in the Militarization of Mexico</title>
		<link>http://www.undergrounddissident.com/dissident/mike-whitney/obamas-role-in-the-militarization-of-mexico</link>
		<comments>http://www.undergrounddissident.com/dissident/mike-whitney/obamas-role-in-the-militarization-of-mexico#comments</comments>
		<pubDate>Sat, 26 Dec 2009 23:11:22 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Mike Whitney]]></category>
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		<guid isPermaLink="false">http://www.undergrounddissident.com/?p=1377</guid>
		<description><![CDATA[An interview with Laura Carlsen&#8230; &#8220;Militarization is not the way to deal with Mexico&#8217;s political crisis.&#8221; Laura Carlsen Mike Whitney&#8212; Will you explain what Plan Mexico is and how it relates to the North American Free Trade Agreement? (NAFTA) Laura Carlsen: Plan Mexico, also called the Merida Initiative, is a three-year regional security cooperation plan [...]]]></description>
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		<title>Obama Is Preparing for War in South America</title>
		<link>http://www.undergrounddissident.com/dissident/mike-whitney/obama-is-preparing-for-war-in-south-america</link>
		<comments>http://www.undergrounddissident.com/dissident/mike-whitney/obama-is-preparing-for-war-in-south-america#comments</comments>
		<pubDate>Tue, 22 Dec 2009 12:41:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false">http://www.undergrounddissident.com/?p=1371</guid>
		<description><![CDATA[Interview with Eva Golinger&#8230; 1 Mike Whitney&#8212;-The US media is very critical of Venezuelan President Hugo Chavez. He&#8217;s frequently denounced as &#8220;anti-American&#8221;, a &#8220;leftist strongman&#8221;, and a dictator. Can you briefly summarize some of the positive social, economic and judicial changes for which Chavez is mainly responsible? Eva Golinger&#8212;-The first and foremost important achievement during [...]]]></description>
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		<item>
		<title>Bernanke&#8217;s Faux Recovery</title>
		<link>http://www.undergrounddissident.com/dissident/mike-whitney/bernankes-faux-recovery</link>
		<comments>http://www.undergrounddissident.com/dissident/mike-whitney/bernankes-faux-recovery#comments</comments>
		<pubDate>Tue, 15 Dec 2009 00:00:11 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Mike Whitney]]></category>
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		<guid isPermaLink="false">http://www.undergrounddissident.com/?p=1358</guid>
		<description><![CDATA[&#8220;Economic recovery&#8221; is a term that has no fixed meaning. But it&#8217;s worth mulling-over to determine whether aggregate demand is strong enough to keep the economy from tipping back into recession. In normal times, the Fed slashes interest rates to increase the flow of capital to the markets and to consumers via lending at the [...]]]></description>
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		<title>The Great Stimulus Debate of &#8217;09</title>
		<link>http://www.undergrounddissident.com/dissident/mike-whitney/the-great-stimulus-debate-of-09</link>
		<comments>http://www.undergrounddissident.com/dissident/mike-whitney/the-great-stimulus-debate-of-09#comments</comments>
		<pubDate>Sat, 21 Nov 2009 16:00:37 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false">http://www.undergrounddissident.com/?p=1339</guid>
		<description><![CDATA[&#8220;Crybabies need not apply&#8221; Barack Obama has decided to push the economy back into recession, and no one can figure out why. Perhaps the impressionable Obama has come under the spell of the deficit hawks and crystal gazers who see Armageddon around every corner. Or maybe he&#8217;s thrown-in with the snappish Marc Faber whose dire [...]]]></description>
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		<title>Obama&#8217;s China Junket</title>
		<link>http://www.undergrounddissident.com/dissident/mike-whitney/obamas-china-junket</link>
		<comments>http://www.undergrounddissident.com/dissident/mike-whitney/obamas-china-junket#comments</comments>
		<pubDate>Wed, 18 Nov 2009 23:05:37 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false">http://www.undergrounddissident.com/?p=1330</guid>
		<description><![CDATA[&#8220;We&#8217;re Opening Doors for Wall Street and Nothing More&#8221; Barack Obama took Hu Jintao to task this morning, scolding the dejected-looking Chinese leader at a press conference held in Beijing. Obama delivered one ferocious jab after another, claiming that China&#8217;s dollar-peg has cost the US millions of high-paying manufacturing jobs while creating gigantic trade imbalances [...]]]></description>
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		<title>Minsky to Bernanke: &#8220;Size Matters!&#8221;</title>
		<link>http://www.undergrounddissident.com/dissident/mike-whitney/minsky-to-bernanke-size-matters</link>
		<comments>http://www.undergrounddissident.com/dissident/mike-whitney/minsky-to-bernanke-size-matters#comments</comments>
		<pubDate>Wed, 04 Nov 2009 00:28:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false">http://www.undergrounddissident.com/?p=1310</guid>
		<description><![CDATA[Size matters. And it particularly matters when the size of the financial system grossly exceeds the productive capacity of the underlying economy. Then problems arise. Surplus capital flows into paper assets triggering a boom. Then speculators pile in driving asset prices higher. Margins grow, debts balloon, and bubbles emerge. The frenzy finally ends when the [...]]]></description>
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		<title>Obama Goes Wobbly Over More Stimulus</title>
		<link>http://www.undergrounddissident.com/dissident/mike-whitney/obama-goes-wobbly-over-more-stimulus</link>
		<comments>http://www.undergrounddissident.com/dissident/mike-whitney/obama-goes-wobbly-over-more-stimulus#comments</comments>
		<pubDate>Tue, 03 Nov 2009 00:38:04 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false">http://www.undergrounddissident.com/?p=1299</guid>
		<description><![CDATA[The recession is over. Yesterday&#8217;s report from the Commerce Dept. confirmed that the economy expanded in the third quarter by 3.5 percent, better than most economists estimates. GDP had contracted in the four previous quarters in the longest and deepest recession since the Great Depression. Massive government stimulus, cash for clunkers, and inventory restocking accounted [...]]]></description>
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		<title>Is Capitalism on the Ropes?</title>
		<link>http://www.undergrounddissident.com/dissident/mike-whitney/is-capitalism-on-the-ropes</link>
		<comments>http://www.undergrounddissident.com/dissident/mike-whitney/is-capitalism-on-the-ropes#comments</comments>
		<pubDate>Wed, 28 Oct 2009 23:38:25 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false">http://www.undergrounddissident.com/?p=1286</guid>
		<description><![CDATA[Interview with Michael D. Yates and Fred Magdoff&#8230; 1. Mike Whitney&#8212;In your new book, &#8220;The ABCs of the Economic Crisis: What Working People Need to Know&#8221;, you allude to right wing think tanks, like the Heritage Foundation and the American Enterprise Institute, which promote a &#8220;free market&#8221; ideology. How successful have these organizations been in [...]]]></description>
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		<title>Black Tuesday and a Return to Big Government</title>
		<link>http://www.undergrounddissident.com/dissident/mike-whitney/black-tuesday-and-a-return-to-big-government</link>
		<comments>http://www.undergrounddissident.com/dissident/mike-whitney/black-tuesday-and-a-return-to-big-government#comments</comments>
		<pubDate>Wed, 28 Oct 2009 11:48:16 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false">http://www.undergrounddissident.com/?p=1284</guid>
		<description><![CDATA[October 29, marks the 80th anniversary of the Stock Market Crash of 1929, the event which most historians point to as the beginning of the Great Depression. On Black Tuesday, traders dumped 16 million shares in one day sending the markets into freefall. In the months that followed, stocks rallied&#8211;sometimes for long periods at a [...]]]></description>
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