Viking Banks and Corrupt Politicians? The Net Gen Can Clean Up this Mess

I just finished reading the latest tirade against Wall Street, penned by Rolling Stone’s own Matt Taibbi. If you have not had the chance to pick up the latest Rolling Stone, head out to your nearest seller of dino magazines and read his piece titled “Looting Main Street.” Frankly, I have never encountered a writer who can clarify the financial mud so well and actually turn it into an enthusiastic read.

Here is his blog.

Taibbi does a great job explaining this crisis, but he falls tragically short on ideas about fixing the problem. His latest post “Babies and Bathwater,” ponders the polarizing nature of any suggested solution to the banking crisis issue, as a blogger relents his suggestion to increase the government’s power to regulate the banks when corrupt politicians are part of the problem.

Taibbi is right to lament this immediate stalemate tactic, because the discussion does truly never move in any direction. However, the anonymous blogger DOES have a point. Both government AND businesses are institutions in need of dire reform, and both contributed in some way to the current crisis, both in housing and in the now exploding municipal fraud cases.

Looking at Taibbi’s articles has given me an idea about how to counteract both of these annoying truths in one fell swoop, though it will take a bit of time.

Digital democracy needs to be the next step in the evolution of the American political system. So much time and money is wasted in the election of representatives, paying their salaries, and financing their constant corruption. I believe digital representation through a more direct vote system could clean up a great deal of waste in Washington and make government a more streamlined and accountable force in modern society.

If you look around my blog a bit, you will see that my constant solution to every modern problem is rooted in the development of technology. In this case, we already have many of the resources we need to create a more direct democracy, hell American Idol already does it.

I'm a patriot!!!

As much as I hate the banks Matt, I don’t think more government intervention is the answer. Innovation and a resurgence of real capitalism through web 2.0 innovation is the only way to tame that beast. The right’s talking points may be stupid and banal, but sometimes there can be a little hint of truth to there.


One Response to “Viking Banks and Corrupt Politicians? The Net Gen Can Clean Up this Mess”

  1. moondustwriter Says:

    with everything else caught in the current of technology, it makes complete sense. So you think we will swing to a true democracy or to a more socialist form of government. Hmmm anything is possible.

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