This profit motive system based on material wealth has degraded us to selfish, greedy rulers of a global economy that we helped to create and have now plunged it into the unavoidable world depression of the 21st century. The scenario of the boom bust capitalist system is antiquated and needs to be replaced.
"Worse than in the Iraq War" (tags)
"A recapitalization of relatively sound banks could be vital for creating trust in the financial system. This must happen in a way that prevents privatizing profits while socializing losses. One can learn good crisis management in the example of Sweden's banking crisis in the 1990s
Sudden outbreak of democracy baffles US pundits (tags)
Conservatives, libertarians and lefties all raised objections to the Bailout for very sound reasons of their own. The media had done all it could to keep awkward questions off the air. The result has left us disenfranchised.