Widespread Greed Prompted Current Collapse

» 2 Comments | Post a Comment

As “we the people” watch the news of an ever darkening economy and people losing their jobs and homes, let us not forget how this all started in the first place: When corporate America, in its greed, began to outsource America’s jobs, starting with the clothing and textile industries in the 1970s. The government allowed this to happen because of free trade and capitalism.
Then the automotive industry moved offshore as our American brand vehicles were made in Mexico and Canada, again for corporate greed. These vehicles were of such poor quality that the payment books lasted longer than the vehicles did. Why? Cheap components from foreign manufacturing sources built to corporate greed specifications. Your service calls were “outsourced to Bangladesh or Pakistan” and your warranty claims were outsourced to foreign call centers.
In fact, the only thing that remained in America were corporate offices where nothing is generated but paper. Now as years of corporate greed has piled up and wild speculation in real estate and oil futures lost billions of dollars in the stock markets where corporate America used your 401(k) retirement monies to hedge their profits and the bottom fell out.
They had the gall to ask “we the people” to bail them out from funds from the very taxes you paid in the first place. Then here comes the liberals, the most destructive form of politics this country has ever known, telling us that they can save us if we give them a chance. Are things any better? Have the job losses stopped? Now they tell us they are going to overhaul the health system again at taxpayer’s expense. Why? To make government the caretaker over the entire health system and twice as large as it is now.
As I see it, we should kick open every door in every political office in every state and if we find a liberal there, vote them out of office. Then remind the newly elected ones that they work for us, not the other way around.

Robert Lambert
Abingdon, Va.

Advertisement

 
View More: No tags are associated with this article
Not what you're looking for? Try our quick search:
 

Advertisement

Reader Reactions

Flag Comment Posted by oldman on October 17, 2009 at 10:17 am

Bill Frist telling all the Tea Baggers to shutup your destroying the Republican party making it a bunch of angery white guys. While the Dems are just laughing and saying “WE TOLD YOU THAT SUPPORTING MAD MEN LIKE G.W.BUSH AND THE RELIGIOUS RIGHT WOULD DESTORY THE USA”. 

Well you did and the USA is almost destoryed but you will not give up until you make everyone INDENTURED SERVANTS OF THE BANKS. They are laughing all the way to the bank and LEAVING YOU TO DROWN IN DEBT TRYING TO SAVE THE U.S. ECONOMY !

IF you truely loved your country you would tell President Obama to stop trying to keep the Economy from crashing and just let it die. We can all afford to lose everything and let the banks claim it.

We can all start over with nothing. Well not all since the top 5 percent will be super wealthy.

Flag Comment Posted by oldman on October 17, 2009 at 7:08 am

So Funny. Trying to change history with letters to the editor.

Robert Lambert—Did you really forget Paulson on his knees begging the Democrates to vote for the $700 Billon he thoght would save the U.S. Economy.  Bush on record saying “ Why did I sign a bill I did not understand “?

Robert Lambert—Did you forget Paulson made contracts with the banks giving them free money and no strings. The Banks could come back for more money under the Bush/Paulson Scheme.

President Obama had to lure the banks away from the generous Paulson Plans to get Stock in the compnays.

Republicans like Bush turned out to be the Greatest Socialist President in out History.

President Obama is working hard to save capitalism but theose who control the media will not show you that.

Post a Comment(Requires free registration)

The commenting period has ended or commenting has been deactivated for this article.

Advertisement

Advertisement

Advertisement