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

Wednesday, May 16, 2012

JP Morgan Debacle Shows Deep Systemic Risk Unchanged

Sourced from The Real News Network, where your can get the transcript for this interview with Prof. Bill Black, professor of economics and law and former chief Savings and Loan regulator.

Prof. Black's comments show clearly that the banksters are still up to their old tricks that has for so many ordinary people across the globe already destroyed the economy and created so much hardship.



Also, for another excellent interview with Prof. Black see this on Democracy Now via Washington's Blog .
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