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Linked with Challengling the Banks, and with Danny Schechter – USA.
- We live in challenging and increasingly hard times in the United States. Over the last few decades, the American economy has drastically changed. Wages for working people have not risen in 30 years, the vast majority of families need two incomes to get by, and after working for 40 years, few are assured a livable pension.
- We have witnessed the once strong American economy and American worker become the most indebted in the world. The average American is in debt to a greater degree than any time in history, while in a half century the nation has gone from the greatest creditor nation in history to the largest debtor nation in history.
- Most recently, a meltdown of Wall Street and the banking sector has seen 401ks drop in value and, most tellingly, a government deaf to the plight of average Americans and cries of economists immediately pour trillions of dollars in the coffers of Wall Street and the banks. At the same time, the floors of Congress are turned into a trading pit, with lobbyists of mega-corporations stacked outside in the halls fighting to fund reelection committees, so they can get the best deal … (full text The Idea).
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A Policy Prescription for Structural Reform; Action, read plan;
About: Our mission is to transform the public’s relationship to the monetary and economic policies that govern our lives. Our platform is structural reform of the financial industry. We will change the American financial industry from one that skirts and dictates laws to reap false profits for the few at the expense of the many into one that takes its proper place as a facilitator of general prosperity. We demand a financial industry that does not actively work against the interests of the public but that is stable and secure, prudent in risk, and manageable in failure. Continuer la lecture de « A New Way Forward.org »