We’ve lived so long under the spell of hierarchy—from god-kings to feudal lords to party bosses—that only recently have we awakened to see not only that “regular” citizens have the capacity for self-governance, but that without their engagement our huge global crises cannot be addressed. The changes needed for human society simply to survive, let alone thrive, are so profound that the only way we will move toward them is if we ourselves, regular citizens, feel meaningful ownership of solutions through direct engagement. Our problems are too big, interrelated, and pervasive to yield to directives from on high.
—Frances Moore Lappé, excerpt from Time for Progressives to Grow Up

Monday, July 16, 2012

Kucinich Explains “LIBOR”

Click here to access posting source, video by Dennis Kucinich from Transcend Media Service.

What has happened with Ohio Rep. Kucinich illustrates how the ruling class deals with a liberal who has been a bit too critical of US ruling class policies ranging from foreign wars to labor issues to gay rights. He was gerrymandered out of Congress earlier this spring. (See this.) It is another method that political operatives of the One Percent use to control who serves in political offices, especially when all their other methods have failed to screen out such "troublemakers" during the election process before taking office. 

In this excellent video post he demonstrates his populist bent by explaining to the 99 Percent the latest method that financial elites use to game the capitalist system for their benefit and usually to the huge disadvantage to the rest of the economy--that means us. Neither the corporate media or public education provides explanations of how financial institutions function, the various financial terms, the obscure financial instruments the One Percent uses that end up wrecking the economy and leaving taxpayers (mostly workers) with their gambling debts, and even the private nature of the Federal Reserve. Many "educated" people think that the latter is a governmental institution.