Bob Carlton, has some interesting thoughts on thedeeper dimensions of what's going on with our current economic "crises."
Here's Bob's recent post on greed, a second on scapegoating and one on the economic crisis in general which includes this quote from Devinder Sarma of Share The World's Resources:
The one trillion dollar bailout package that President Bush is promising could have wiped out the last traces of poverty, hunger, malnutrition and squalor from the face of the Earth - if only our global leadership prioritised the poor with the same level of urgency as the financial crisis.
Bob recommends this additional piece by Katrina Vanden Heuvel and Eric Schlosser, who suggest it's time for a new new deal.
Ironically, what Osama Bin Laden failed to do on September 11, 2001, we may have done to ourselves in the seven years since: bring our system crashing down upon itself in a mess of greed and action without forethought. (we need a new way)
Thursday, October 02, 2008
greed, scapegoating, and the crises
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1 comment:
"we" meaning who?
the democratic senate and house?
mr. chairman of the senate banking committee, christopher "$13m in payouts" dodd?
mr chair of the house financial services barney "'lets give balloon loans to people who cant afford a down payment and expect them to be able to pay the monthly mortgages" frank?
... sigh ...
it's easy to get outraged by things so large. when was the last time "you" voted in your town election? state election? and for that matter, even a national election?
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