“In the latest sign of an economy addicted to artificial stimulus,” writes Fortune’s Colin Barr, “the Federal Reserve on Monday posted a record $81 billion profit for 2010.” Barr points out that the central bank’s take is “more money than the entire U.S. banking industry has made over the past three … years.”
Early-adopters believe that the nation and the world have turned a corner. They understand something the media either ignore or deny. They’re betting on a future of local food systems, not global agribusiness; of community credit co-ops rather than too-big-to-fail Wall Street megabanks; of small-scale renewable energy projects, not a world-spanning system of fossil-fuel extraction, trade, and consumption. A future in which we do for ourselves, share, and cooperate.
