For the last week, I’ve been somewhat cloistered working on a significant update to our position paper on the economy.   One of the resources I draw from is an article that appeared in Yes! Magazine. Author David Kroten writes that it should not be about pumping more stimulus money into a failing economic system construct.   But rather, we should be creating: The New Economy.   “There is good reason why both the Bush and Obama administrations, different as they are, have responded to the Wall Street crash with bailouts for the guilty, rather than face up to the need for a radical restructuring of the financial system,” writes Kroten.   He goes on to propose that we reboot the economy by doing away with Wall Street financial speculation (which he says is nothing more than legalized gambling).   And that we would also do well to go back to a small scale, decentralized local production for local consumption model that favors “productive work” and solid local investment.   This only makes sense.   Common sense.