Break Up the Banks! A New Way Forward
ø
As Noam says real change “… is never a gift from above. It comes about because of people like you.” The ‘Obama’ bank bailout plan is in yet another revision. It’s architects realize that it is far too little and far too late. Early editions were welfare for Bank Executives – so blatantly so that even the corporate dominated media noticed. Newer editions promise improvement. But of the millions of homeowners in the foreclosure pipeline, only those who almost don’t need help will get any. The plan is still largely to save the financial institutions and ignore the peope.
Earlier I pointed to Dave Korten’s proposal.
Now there is a grassroots and netroots movement around the country.
Demonstrations around the country today Saturday April 11, 2009 starting 11AM Pacific – 2 PM Eastern.1
In Boston, the demonstration is at the State House. Rain gear is advised.
Logos by Harvard Living Wage Campaign Alum Matt Skomorovsky
1“the guy by the door” is hosted by the Berkman Center for Internet and Society at Harvard – close to the Atlantic. Because the corporate offices of the major media are in our time zone there is a substantial ‘Eastern Daylight chauvinism’. In my own modest way, I seek to address this.