Letters to the Editor
pancho
Published Letters: 154 Editor's Choice: 8
-
No Class
[Read the article: King Kaufman's Sports Daily]
[Read more letters about this article: Here]I think someone mentioned it already but here is another take on this. If I am an NFL coach and my team is playing Pats next week. I am going to blitz, blitz, blitz and then blitz somemore. I will let them score a couple of times if it takes that to shut down Brady. So I hope the Pats enjoyed their little sport of humiliating the Bills. My guess is that sooner or later Brady is going to get beat up pretty bad as a result.
-
Our sick Republic
[Read the article: Al Gore on the unhappiest of anniversaries]
[Read more letters about this article: Here]It is commonly believed that the Soviet Union collapsed because of the absence of free enterprise. I don't believe this. As a matter of fact for many years the USSR economy grew exponentially. Going from a poor rural society to crushing the Nazis to putting a man in space all in two generations. I believe that the USSR collapsed because of the absence of Democracy. Democracy acts like an immune system in a Republic. Removing from power the harmful elements and correcting erroneous policies. When Gore had the election stolen from him our political immune system was shut down. We have not yet even seen the beginning of the price we will pay for this. When history is written people will pinpoint that shameful day seven years ago as the beginning of the end of American hegemony. What a crime. I wonder if any of those 5 USSC members feel shame about what they did. I feel ashamed that we let them do it.
-
Liar Liar economy on fire
[Read the article: Alan Greenspan on the mortgage crisis: "I didn't do it!"]
[Read more letters about this article: Here]Alan Greenspan is a liar, plain and simple. He knew exactly where the cheap money policy of the Fed would lead. As the ever brilliant Krugman wrote a while back, Greenspan had actually written years before describing exactly the kind of housing bubble cheap money would create.
The housing bubble was created by unusually low rates combined with almost no regulation. This was needed to create a false boom to pay for the Wars and the tax cuts. It was known it would cause a crash. However the culprits believed they would be out of town and living high on the hog by the time that happened. Greenspan heads the list of culprits. Add to that the shell game he played with Social Security and tax cuts and there is no question that he is the greatest white collar criminal ever. But these days the big crimes, war crimes, torture, looting the treasury, corruption, human rights abuses, election theft all go unpunished. Jail is just for the little people.
-
Greedy Lenders????
[Read the article: Alan Greenspan on the mortgage crisis: "I didn't do it!"]
[Read more letters about this article: Here]Capitalism is greed - if you don't like it become a Socialist - that’s fine. Just don't expect a Capitalist enterprise to behave like mother Theresa. Capitalism is about making as much money as possible as quickly as possible. If you pass out cheap money and you don't regulate how it is distributed then you get exactly what you got. It has nothing to do with the ethics or morals of the lenders. If one Lender had refused to do these loans then someone else would have done them and the non "greedy" Lender would have gone out of business. The Lenders are only to blame if they broke the law. It is not their job to act like moral guardians. That’s the job of our elected leaders. FDR understood this. Lenders like any other Capitalist can legitimately push right up to the boundary of the laws. The people to blame are the ones who made cheap credit available and provided no regulation of how it was to be used. Stop scapegoating the mortgage profession, the blame should be directed at Bush and Greenspan.
-
R-E-G-U-L-A-T-I-O-N
[Read the article: Alan Greenspan on the mortgage crisis: "I didn't do it!"]
[Read more letters about this article: Here]Gregg, the problem is in large part the dismantling of the Banking regulation set in place by FDR the last time a Republican ran the world economy aground. Greenspan was a strong proponet of "deregulation". He also knew precisely what he was doing as he is a very smart man. What has happened over the last 7 years is the wholesale and deliberate looting of the American Treasury and economy to enrich a handful of extremely wealthy people. The have carefully put in place a whole new serious of laws that will enable them to control us when the bottom falls out which it will next year. You won't be able to declare bankruptcy and if complain well you can be named an "enemy combatent". If the police and military prove unreliable, nevermind, there is a dependable militia (Blackwater) waiting in the wings. But maybe you are right, Uncle Al is a great man, give him a slap on the back. And George Bush, well he is a Christian isn't he, so he would never do anything wrong.
-
Meltdown
[Read the article: Alan Greenspan on the mortgage crisis: "I didn't do it!"]
[Read more letters about this article: Here]Eric, you are 100% correct. It is also so important to understand that this meltdown was not an accident, it was planned. If you view everything that has taken place over the last 7 years from the war in Iraq to the Bankruptcy law to the creation of militia's such as Blackwater. Everything has been put in place to deal with the coming collapse of our financial system. I am not a conspiracy nut but it is simply not possible that Greenspan and the others did not know what they were doing. Ok, so Bush was out to lunch or riding his Bike but Cheney certainly knew. The shear scale of the kleptocracy is mind numbing.
-
Last best hope
[Read the article: John Edwards faces his day of reckoning]
[Read more letters about this article: Here]Sorenport,
Its not that we think Big Corporations should not have a voice at the table; it just that we think they should not be the only voice at the table. Things have gotten skewed way to the advantage of the rich. We need a little balance. John Edwards would be another FDR (if they don't get him with a "lone gunman" first). If you are in Iowa please vote for Edwards, he may be our last best hope.