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Monday, October 24, 2011

TRNN - Should Banks Be A Public Utility


More at The Real News

5 comments:

Ed said...

I don't know, what do I know?

But in the old days banks had to have sturdy buildings with guards and vaults, armored cars, lots of employees, they actually had to count all that money.

Most of that is irrelevant now, seems to me.

Ed said...

ok I listened to it. I don't see the problem that there is no list of demands. The movements is about fairness, equity. You can't fix that with a demand. It's too systemic, the paradigm has to be nudged.

Jim Sande said...

Not having a specific list of demands does not fit into the sound byte paradigm that the main stream media needs. They need a very simple storyline, once the storyline is established then its repeated like a media mantra. The Occupy movement is a square peg and the media wants into to be a round peg.

Ed said...

I agree.

Surprised that the TRNN seems to be buying into that line.

The minute you try to sum things up into a demand or two, then it's "that won't work," "That won't solve the problem."

We are talking about a FAILED SYSTEM.

Jim Sande said...

By any chance did you hear Alternative Radio today on WAMC at 1:00 - amazing economist Richard Wolff.

I will post a clip of his.