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

Saturday, March 27, 2010

JPMorgan, Lehman, UBS Named in Bid-Rigging Conspiracy

from Bloomberg. Is your town, country, and state slashing their budget by cutting back on medical and mental health service to the poor, school lunch programs, closing prisons and schools, raising college tuition, laying off teachers, cutting library hours, raising taxes, etc?  Read how some of the financial wizards contributed to the social-economic carnage inflicted on our economy.