Surviving Capitalism (Not) : Congress to Freak Out Today Over Front Page of Wall Street Journal

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, June 5, 2013

Congress to Freak Out Today Over Front Page of Wall Street Journal

Click here to access article by Pam Martens from Wall Street on Parade.

With the U.S. job market still weak, small businesses having a tough time getting loans, and Wall Street abuses still coming to light, that two of the major firms would think it appropriate to resuscitate a thoroughly discredited practice tells all one needs to know about the impact of the Dodd-Frank financial reform legislation.

I doubt that they will "freak out". They have been just following orders given them by their masters in the One Percent who, no doubt, will take care of them. Oh, some might be voted out of office, but they will be rewarded with lucrative jobs in corporations. That's the way the system works... for the One Percent, and against us.