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In Government We Trust - Like Fools

There's a hilarious Bank of Montreal (BMO) commercial making the rounds on CBC featuring a couple of assholes trying to explain their investment anxieties to a Mexican (I guess) street vendor during their vacation. While I'm sure BMO didn't intend to show up Canadian investors as assholes - it does.

Lesson learned, BMO - thanks.

But the commercial made me think about the economic crisis the world is in and what little difference it would make to 99% of the people living on the planet except that now the 1% with wealth will be anxiously standing on their heads as they frantically try to outlast rising levels of debt.

Life is so unfair to the world's poor, isn't it?

But is there any reason for our governments to make it even more unfair, as they have so far managed to do? I mean, one would think now is the time for governments to nationalize banks and corporations and assert themselves as the governments of democracies they were elected to be.

Unless... is it possible we've been electing governments to cede democratic power to financial mercenaries? Because, well, I'm not a real economist but it appears to me that the blame for the economic crisis we find ourselves in is solely the fault of our democratically elected governments failing to govern our countries and allowing financial mercenaries to do it instead.

So, let's take step one in reclaiming our democracies by refusing to listen to self-appointed experts who would have us believe this economic crisis was caused by people holding mortgages they couldn't afford and, instead, hold our governments' feet to the fire until they start governing.

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