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‘They own the place’

August 30, 2012
The Daily News

EDITOR:

I've been watching the mud slinging contest in Washington D.C.

The Republicans are bringing up all the big guns and ammunition they have in their bunkers. The strategy is simple, blame Obama for everything.

Unfortunately they have a lot of ammunition when you look at the dismal record of this administration who wants us to approve of a perverted life style, turn our guns and sovereignty to the U.N. and make criminals out of doctors who in good conscience won't perform abortions; they want us to look the other way on illegal immigration.

Doesn't it make you wonder why this situation exists?

I tell my Republican friends, yes, I won't deny what you say, but just think how poor a job Bush and bankers and the Fed and the regulatory agencies did under Bush that the people voted in such a scoundrel to replace the Republican leadership?

Think about it. The Republicans keep talking about lowering taxes, so the rich will have more money to invest in foreign countries.

Income for the top 1 percent has increased by $700,000 a year while income for the bottom 90 percent has declined by $900 a year.

Between 1992 and 2007 income for the richest 400 Americans increased by 392 percent as their taxes dropped by 37 percent.

Did you notice how both parties are ignoring the greatest problem we have - the corruption between the financial lobbyists and congress?

Every week we read where a major bank had some corrupt practices exposed.

Senator Levin and Tom Coburn (Democrat and Republican respectively) had hearings and were appalled at what they found.

They turned it over to the Justice Department. Now over a year later the Justice Department won't prosecute because they didn't find any "criminal intent."

People, don't let this go unnoticed.

Have you noticed that your favorite candidate doesn't bring this up when they talk to us?

All the good laws and intentions are useless unless corruption is kept in check and bankers prosecuted.

The savings and loan scandal produced almost 3,000 indictments, fines, and fines and or prison. But we can't jail or fine the bankers while they steal us blind. One Senator responded when asked about the influence of the financial lobby on congress said "they own the place." I have much more to say and will soon but space is limited so that is all for now.

James Oliver Rye

Crystal Falls

 
 

 

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