David Korten: A Presidential Declaration of Independence from Wall Street

[marmar]

from YES! Magazine:



A Presidential Declaration of Independence from Wall Street
What might a truly new economic vision for America look like? David Korten imagines a presidential address he'd like to hear.

by David Korten
posted Aug 22, 2011


We in America rely on foreign consumer credit to live ever further beyond our own means, while allowing our physical, social, and productive infrastructure to deteriorate from neglect. It is the classic path of a dying Empire in decline and denial.

America needs a new national vision, a story of possibility to guide our way in a 21st century world much changed from the world in which achieved our greatness. Perhaps one day an American president will spell it out in an inaugural or state of the union address along the following lines.

In the meantime, a hypothetical presidential address provides a useful device to frame a New Economy vision for America.

Fellow Citizens:

My administration came to office with a mandate for bold action to deal with the evident failure of our most powerful economic institutions. The excesses of Wall Street have crippled our economy; burdened our federal, state, and local governments with debilitating debts; divided us into the profligate and the desperate; corrupted our political institutions; and threatened the destruction of the natural environment on which our very lives depend. .............(more)

The complete piece is at: http://www.yesmagazine.org/blogs/david-korten/a-presidential-declaration-of-independence-from-wall-street

[fasttense]

1. We need a national Declaration of Independence from Wall Street, Banksters and Corporations. n/t

[Autumn]

2. Where can we find that guy to run for President?

He has my vote.:dem:

[_ed_]

3. Dream on

Goldman-Sachs was Obama's #1 campaign contributor. That's all you need to know about Obama.