Are the Credit Card Companies Listening?
In his masterful commencement speech at Notre Dame this weekend, President Obama took his campaign theme of Change to a whole new level, telling the graduates — and the rest of us — that we find ourselves at “a rare inflection point in history where the size and scope of the challenges before us require that we remake our world to renew its promise.” So, as we stand at this inflection point and gradually move from what Jonas Salk called Epoch A (our survival-focused past) to Epoch B (our meaning-focused future), we have to ask ourselves what this remade world will look like — and what steps we need to take to get there. At Notre Dame, Obama offered a devastating teardown of Epoch A and its “economy that left millions behind even before this crisis hit — an economy where greed and short-term thinking were too often rewarded at the expense of fairness, and diligence, and an honest day’s work.” The problem, according to the president: “Too many of us view life only through the lens of
