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 Lapp√©, excerpt from Time for Progressives to Grow Up

Friday, June 11, 2010

New York Times Runs Yet Another Banking Industry Propaganda Piece

by Yves Smith from her blog, Naked Capitalism.  This astute blogger spots spin immediately when she reads mainstream articles--this time it's spin on behalf of the banking industry.
The message is none too subtle: you can’t be mean to those banks! They are part of our communities! We really really need them! Even a city in the heartlands like Louisville depends on them!