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Hi all, This is Michael Hudson's view of Obama's victory over Romney. Hudson is an eminent economic historian, though at least one historian has claimed that some economic historians enunciate fantasy history. Leaving that aside, Hudson raises some fundamental issues, some of which will inevitably affect the UK, though that is not his concern here. One of the issues is the role that might be played by Elizabeth Warren, so good at talking truth to power in what might become a former life, as it were. Her success or failure could well be a test of the Obama administration in its second chance to effect the change he promise. Yves Smith aka Susan Webber, whose blog this is, doesn't think much of Obama. It would not be an exaggeration to infer from her remarks about him that she thinks Obama to be either a liar or self-deluded. On to Hudson: http://www.nakedcapitalism.com/2012/11/michael-hudson-my-take-on-obamas-big-win.html larry Dr L Brownstein [alt-e]: [log in to unmask] Review Editor Radical Statistics "It's difficult to reason someone out of something that they've never been reasoned into." -- Jonathan Swift ****************************************************** Please note that if you press the 'Reply' button your message will go only to the sender of this message. If you want to reply to the whole list, use your mailer's 'Reply-to-All' button to send your message automatically to [log in to unmask] Disclaimer: The messages sent to this list are the views of the sender and cannot be assumed to be representative of the range of views held by subscribers to the Radical Statistics Group. To find out more about Radical Statistics and its aims and activities and read current and past issues of our newsletter you are invited to visit our web site www.radstats.org.uk. *******************************************************