EU bank failures will crash Wall Street — again(PB Farrell)

[katty]

more:
http://www.marketwatch.com/story/eu-bank-failures-will-crash-wall-street-again-2011-10-18
EXCERPT:

Then what? New Glass-Steagall? Not enough. Tax the rich? Not enough. Perp walks? Not enough. Presidential commission? Useless promises. Occupy Wall Street will fail without a fundamental constitutional change. No compromise. Or Wall Street wins, again. We go back to the same free market, deregulated, too-greedy to-fail, conservative Reaganomics policies that have been destroying democracy for a generation.

All this was so obvious, so predictable. America is at a crossroads. Occupy Wall Street buildup has emerged as America’s last great hope to restore democracy. Last week when USA Today called the Occupiers a “ragtag assortment of college kids, labor unionists, conspiracy theorists and others” hinting they’re a flash-in-the-pan “devoid of remedies,” I smiled, reminded of that famous painting of George Washington crossing the Delaware on Christmas 1776, leading what historians also called a “ragtag” Continental Army, surprising the British, and winning the Battle of Trenton.

[ehrnst]

1. A "1-1-1 plan" - One Dollar, One Citzen, One Vote. I like it. (nt)

[Lionessa]

2. I sure hope so. It's time for the lazy wealthy to start hurting. Till they do,

nothing to forward the economy for the rest of us.