Otherwords.org

[OneGrassRoot]

http://www.otherwords.org/

ABOUT US:

OtherWords distributes commentary and cartoons aimed at amplifying progressive analysis in the national conversation. It empowers readers to become more engaged citizens.

The publication-ready columns, op-eds, and cartoons on this website are available free of charge, as long as the author(s) and OtherWords are cited as the source for this work.

About 1,700 newspaper and online editors subscribe to our weekly editorial package that consists of three columns, four op-eds, and one cartoon. Most of our subscribers are small dailies and weeklies in America's heartland. We have found that at least 250 newspapers run our work, with a combined circulation of 5 million. Formerly known as Minuteman Media, OtherWords became part of the Institute for Policy Studies in 2010.



I just discovered this site. :thumbsup:


Here is a piece by one of my favorites, David Korten:

"Getting Main Street to Call the Shots: America has plenty of cash, but it's in the wrong pockets"

Thanks to massive bailout funding from the Federal Reserve and U.S. Treasury, Wall Street survived the financial crash it created. This year, its titans are enjoying record share prices, corporate profits, and executive bonuses. The financial assets of America's billionaires and the idle cash reserves of the most profitable corporations are at historic highs. Their biggest challenge is figuring out where to park all their cash.

Meanwhile, the Great Recession is still raging on Main Street. The unemployment rate is too high, new jobs aren't appearing despite the supposed economic recovery, and the unprecedented crush of foreclosures isn't letting up. Small businesses are starved for credit. Politicians tell us that the government is broke and debate whether we can afford health care, old age security benefits, and student loans.

America is awash in money. But the cash is in the wrong pockets and it's being used for the wrong purposes.

During the Great Depression, the American people benefited greatly from new rules that created a powerful and accountable system of credit unions, mutual savings and loans, and community banks. This system financed the U.S. victory in WWII, built the nation's middle class, and made the United States the world leader in manufacturing and technology. It served us well until Wall Street used its political clout to dismantle the rules that made it work.


http://www.otherwords.org/articles/getting_main_street_to_call_the_shots