Dear Mrs. Rehm,
I feel inspired to write to you. My representatives don't listen to what I have to say.
They rarely respond. I am utterly frustrated. Everyone knows that we have a financial
crisis on our hands. Washington is totally incapable of dealing with the mess. The
President has great intentions but his fist is too small. He is facing virtually all alone
an army of lobbyists (names unknown), a Congress being manipulated by all the
major financial institutions (large dollar contributions) and members of his administration
who are way too closely aligned with these banking establishments (Geittner, Summers).
Other contributors to the current crisis: Greenspan (by his own admission) & Rueben.
Regulations are being proposed (and are stalled) to close the loopholes and regulate
OTC-Derivatives. A recent FrontLine program ('The Warning!') pertaining to this problem
has indicated with certainty that we can expect - soon, another & probably worse financial crisis.
In the mean time, ALL those responsible for the current hopeless mess remain largely
unknown. So they can hide behind a nondescript corporate name. The public needs to know
who these unscrupulous people are, and behind each person's name should be listed
the money obtained through manipulation - whatever kind- effecting the public. After all,
Mrs. Rehm, the everyday folks have lost millions of dollars (house and savings) and most
of their names can be found on the internet or in registers of deed.
Every newspaper in the country should be obligated to make these names and $-amounts
public and list the major violators on the front page - a nation wide day of reckoning.
That would be a good first step to start reigning in the abuse and manipulation. If we
don't do something radical, this country will go rapidly down the drain, and the rich, the ones
"listed" on these front pages won't care.
Sure, I know that "no action" is the likely action, and the next crisis is coming down the pike.
This is a country in sharp decline purely because of greed and the pervasive "Me"-attitude!
Enough of this! you must be tired reading this, but remember no one else wants to hear
or read this.
Wednesday, February 17, 2010
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