Management by Perception continues to assume the herd mentality will keep the wheels on the current financial system “wagon”. Statistics have been cooked to support the belief that all is okay and we should start spending again. The “too big to fail” banks have continued paying bonuses with taxpayer-based profits. It has been said that if a banker can’t make money in this environment, he needs to get out of banking. When you get money at 0% and invest it at 3-6%, you will make money. Federal bailout money is designed to take value away from the taxpayer and reward large banks who took unnecessary risks then were rewarded with large bonuses. There is all of this free money for financial institutions yet the credit card interest rates are on the rise.
There is a continuing ground swell of dissatisfaction with the current system. Taxpayer revolts continue to surface. Technology is enabling those who are becoming active in the quest for change to produce another view of how the system ought to work. The following is an example of the coming confrontation of views: