Peter Dreier: Local activists and city officials are still hoping that the Obama administration — and particularly Mr. Watt — will take action. The most important thing they can do is get Fannie Mae and Freddie Mac to adopt principal reduction.
Ellen Brown: When enough people understand that private banks rather than governments create our money supply, imposing interest and fees that constitute an enormous unnecessary drain on the economy and the people, we might wake up to a new day in banking, finance, and the return of local economic sovereignty.
Charles Hayes: People whose internalization of the business model is such that they believe Capitalism to be the solution to every problem under the sun now make me cringe. Low wages, high unemployment, and low taxes are good for business, but not so much for working people. The business model of efficiency is well suited to business, but not to families when there are not enough jobs that pay a living wage.