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, May 31, 2010

Obama Talks Left To Move Right, As Wall Street Criminals Are Given A Free Pass And Reforms Are Watered Down

by Danny Schechter from Media Channel. The author writes about the latest political theater that is an ongoing production in Washington DC. The stars of this latest show called "financial reform" are Obama and Geithner.
But even as he was feigning left, he and his main economic operative, Tim Geithner, were moving right, to kill off amendments that the bankers hated, like Senator Bernie Sanders’s proposal for a deep audit of the Federal Reserve Bank and the Brown-Kaufman Amendment that would have broken up the six biggest banks in America.