Letters to the Editor
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Blame it on the Rich
There's nothing I hate more than the tedious 'blame it on the rich' rhetoric. It's class warfare, counter-productive, and economically suspect.
Bush, with his weakening of regulations made it easier for the unscrupulous to be greedy. That calls for tightening regulation and regulatory oversight. Where were the regulators as mortgage companies blatantly mis-sold mortgages?
Yes, some people got rich by cheating and some people inheritied their wealth. But the bulk of wealthy Americans earned their fortunes through hard work. That's one of the strengths of America.