You suggest we should ‘take to the courts’. I’m sure that has nothing to do with the fact that you are a lawyer, but exactly which laws should we claim are being violated?

You also suggest that the president has been losing sleep but needs waking up? I suggest that most presidents either know exactly what’s going, or couldn’t care less so long as their personal gravy train keeps on rolling.

The author writes …

Rather than lending [money] to businesses and individuals, the larger banks have been speculating with it or buying up smaller banks, land, farms, and productive capacity, while the credit freeze continues on Main Street.

And herein lies the problem and contradiction. We know the banks are crooked but assume that the banks want to lend money the question is why should they lend. Americans have had stagnant salary and wages for the past 35 years and in order to make up for their falling standard of living they borrowed to the hilt. Now in 2010 Americans cannot afford any more credit therefore its too risky for the banks to lend. Therefore there is a rational reason NOT to lend money to “Main Street”.

None of the ideas coming from the Left or even the Right demands DEBT FORGIVENESS. Even jobs won’t solve the problem because especially now with all of the foreclosure and defaults, the credit rating of millions of American have been negatively affected. Therefore unless the debts are erases the economy will still remain stagnant and many American will still face declines in their standard of living.

But the question is why should this system of money remain in place or reformed or repaired. Apparently it doesn’t work so why are there no ideas emanating that repudiates money altogether.

In the 21st century with its tremendous abundance you’d think that resources could be allocate in a more EFFICIENT manner without the indirectness of money whereby the accumulation of money matter most rather then the allocation, access, and distribution of RESOURCES, GOODS, and SERVICES. In other words eliminate money and you eliminate a lot of problems and it is the most efficient way to redistribute wealth. Clearly by eliminating that problem that only leaves dismantling the military and police — another huge problem.

This crisis has expose the facade, flaws and contradictions of capitalism and its about time we face up to it and offer, suggest and demand socialism and help educate others as to what socialism really is.