by David Williamson
The detonation of the banking sector brought about by the credit crunch has been tantamount to a revolution.
But the greatest transformations in society may come if voters refuse to allow politicians to repair the shattered jigsaw and instead demand a very different future.
Once any institution becomes associated with negligence and greed, the stain is almost impossible to remove.
The true legacy of the economic crisis may not be the emptying of Treasury funds and the decapitation of bank chiefs but the ideas that will circulate in the wake of this scandal.
Read on...
The renaissance of radical thought is Peacenik's fondest dream. The danger is that the radical thought may turn out to be radical right wing thought. The Ron Pauls, and Huckabees, and Palins and libertarians aren't thinking about the commmon good as they start their campaigns for 2012. The CNBC Wall St.cheerleaders on tv are cheering for the downfall of the Big Three auto companies only so that those companies can walk away from their pension and benefit obligations. The status quo is not sustainable. Out of these dangerous times something new will emerge. It will be radical. Peacenik hopes it will be progressive. Have a good weekend.
