The Herald Bulletin

Morning Update

Opinion

March 12, 2014

Viewpoint: This Congress is an insult to American freedom

Seventy percent of the American people think the country is going in the wrong direction. When did the country start such a drastic change in direction?

On Sept. 24, 2008, President George Bush asked John McCain and Barrack Obama to come to a meeting at the White House. Bush, using some of his cute stupid language, told McCain and Obama, this sucker is going to go down, sucker meaning the whole United States economy. Well, Mr. Bush, for the average citizens in this country the sucker did go down.

Retirement pension funds lost $2 trillion in 15 months, there was a loss of 10 million good-paying jobs that will not be back. The average value of homes in America dropped by $30,000 to $50,000, more than that in some areas. Millions of people lost their homes, no jobs, no money to pay for them. Millions of families suffered and are still suffering because of the financial fraud by big business on Wall Street, and at this date not one of those Wall Street crooks has gone to jail.

Gov. Mike Pence wants to give big business a tax cut in Indiana and the hard-working citizens of Indiana will have to pay for the business tax cut.

What Congress did was pass a law for the hard-working taxpayers of this country to spend $700 billion to bail out the big business crooks on Wall Street, and they can’t extend unemployment benefits for 2 million unemployed workers?

Several years ago the hard-working taxpayers had to bail out the savings and loan scandal that also took us for several billions of tax dollars. One of those saving and loans that went under was right here in Anderson on Jackson Street. The next day all those people that had their money in that savings and loan lined up on Jackson Street to take advantage of Franklin Roosevelt, (F-D-I-C) Federal Deposit Insurance Corporation Program for banks. Those people did not lose a dime of their money. Those conservatives lined up on Jackson Street did not mind at all taking part in the liberal Democrat entitlement program to get their money back.

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