Public to Banks: We Forgive You, Sort Of

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The headline just emailed to me says: “ABC News Poll: Banks Need to Make Amends.” And it’s true: 77% of respondents think banks need to do more. Sounds like people are still pissed! But if you click on the poll, you also get the result on the right.

Unfortunately, that doesn’t look much like an angry mob to me. Basically, the country is evenly split on whether the bank bailout was fair, and a majority thinks banks treat people decently. I’m pretty surprised by that. Judging from news coverage, I would have expected about 80% of the country to loathe the bank bailouts, and after nonstop coverage of credit card and debit card excesses, I’d expect trust in banks to be somewhere around the same level as lawyers and late-night pitchmen. But no. Overall, this reaction is a great big “eh.” It doesn’t bode well for the prospect of public pressure pushing Congress to do anything serious about financial reform.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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