Monday, April 6, 2009

Financial 2

I’ve been getting more feedback on the Moyers interview with Bill Black. One supplied the URL for another Moyers-economist interview a while ago. At American Oligarchs you’ll see Simon Johnson, whose message closely intertwines with Black’s.
One hopeful note from his statements: He said the IMF (International Monetary Fund) does NOT agree with the insider financial elites who got us into this mess. This bodes well because the IMF was given new power and new funds at the G-20 summit.

Gary Younge, a columnist in The Nation, pointed out that the media hullabaloo over AIG bonuses sends the wrong message. It says we envy the rich. That’s not it. It’s about injustice, not envy.
We need to focus on the system that lets the wealthy enrich themselves at the expense of the middle class.

What to do? That’s the response from some. I think Obama sincerely wants to hear from ordinary people. If we communicate with political leaders, I hope our message reaches him through the din of noise echoing in the beltway. If you have good ideas for how to do that, clue us in, please.

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