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

Sunday, November 20, 2011

Buckle up – Credit Crunch 2

Click here to access article by David Malone from Golem XIV.
There is a crisis and it is in Europe , but the ‘contagion’ is not at all what our cretinous media and brain rotted politicians are telling us it is. The contagion the markets are worried about is bank contagion. Nations’ borrowing woes are the radioactive material, but the banks built the bomb.
The author explains how another credit crisis is brewing in Europe over sovereign debts that is very much the same type of scam that was involved in sub-prime mortgage securities. And, guess who the banksters again are insisting should pay for their reckless gambling?