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Forum Post: Amazing passage from Inside Job director Charles Ferguson's book Predator Nation

Posted 6 years ago on Nov. 22, 2012, 12:51 p.m. EST by toobighasfailed (117)
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"America's current problems developed over several decades, and they won't be solved instantly.

In the meantime, Americans can do a number of things, both politically and personally. They can take to the streets; refuse to make political donations to the national party machines; support organizations such as Common Cause, Occupy Wall Street, and the Center for Responsive Politics; run for office themselves; and support candidates who do seem to care. At the personal level, we can save money; place our savings in local banks, credit unions and mutual funds; invest prudently and ethically; and, above all, educate our children.

Since this book is being published in a presidential election year, I will close by saying that while Obama has failed his country in many ways, he is the least of the available evils. So, yes, I recommend that you hold your nose and vote for him, as I will. But the very next day, I hope you start thinking about how to replace him, and the entire system that produced him.

How this can be accomplished is not yet clear. Earlier I listed three the available avenues: an insurgency within one of the existing political parties; a third party; and a nonpartisan social movement. Any would face tough obstacles, and perhaps some combination of all three will be required. We might get lucky and one day find that America has elected a president who turns out to be deeply committed to fixing America's problems and willing to take a lot of heat. Time will tell. But America is a remarkable and beautiful country in so many ways. I hope that somewhere in the United States is a courageous young leader in the making, someone who can persuade the American people to rise up and throw the rascals out."

Fantastic stuff, huh? Did you know that President Obama will likely appoint Jack Lew to the US treasury and Mary Miller to the SEC next month? Both of these choices would keep the status quo on Wall Street. We can't let that happen.

(See this post today from Simon Johnson: http://nyti.ms/TdSo7K)

Sign a petition for Obama to choose people who will actually enact real Wall Street reform: http://wh.gov/Xse6. We need 150 signatures to get it public!




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[-] 4 points by shadz66 (19985) 6 years ago

a) "America's Duopoly of Money in Politics and Manipulation of Public Opinion", by Charles Ferguson : http://www.informationclearinghouse.info/article32655.htm ;

b) "Inside Job" : http://vimeo.com/24981578 [Working Link, may take a little time to cache]

c) "Inside Job - Behind The Heist" : http://www.youtube.com/watch?v=BuyrBRUsu9A [Addendum]


Thanx for the this forum-post and excellent links, especially http://www.switchyourbank.org/ and to follow up, I append : http://occupywallst.org/forum/info-on-credit-unions/ for some added information.

fiat lux ...

[-] 3 points by toobighasfailed (117) 6 years ago

That's a fantastic article from Ferguson. I hadn't seen that one yet. Thanks for the link!

[-] 4 points by shadz66 (19985) 6 years ago

You're very welcome and tho' I think that you've watched 'Inside Job' (although of course it warrants rewatching often, lol), I strongly recommend the addendum, 'Behind The Heist' to you and all readers.

fiat justitia ruat caelum ...

[-] 3 points by toobighasfailed (117) 6 years ago

That's awesome. I'd seen some of those clips from the extras on the Inside Job DVD, but I didn't know that they were all online in one unified segment.

I added that to our reading list: http://www.switchyourbank.org/reading_list

[-] 4 points by shadz66 (19985) 6 years ago

Congratulations and well done you if you have anything with that site and as it sounds as if you might, just letting you know that I clicked on your link, I got an empty page - tho' of course, your update may take time to load and update.

I would also draw your attention to http://www.storyofstuff.org/ and request you hang your cursor over the movies tab and also investigate these excellent, informative, short films, which are very good primers and intros to several important matters.

pax et lux ...

[-] 3 points by toobighasfailed (117) 6 years ago

Whoops, I had included the period in the link. It should work now: http://www.SwitchYourBank.org/reading_list

StoryofStuff.org looks amazing. I'm going to go through those videos and spread the ones that are relevant to this topic.

[-] 4 points by shadz66 (19985) 6 years ago

A bunch of hopefully relevant links for you for insights into the attitudes, behaviour and machinations of 'High Finance Crapitalism' and to see why we are in this mess we are in and how we may mend it :

I wish you good luck with all your good efforts re. http://SwitchYourBank.org & that page is fixed now.

pax ...