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Web Letter

The growth of the deficit is soaking up the available funding that should go towards job growth.Meanwhile current gederal rules on banks are to avoid taking the kinds of risk that create new growth industries. A double whammy against jobs from government, even before that of "cap and trade," which is based on a scientific fraud, as we can now see.

And I thought government was supposed to be for the people.

John D. Froelich

Upper Darby, PA

Nov 24 2009 - 12:23pm

Web Letter

Mr. Greider writes, "A towering political talent," Barack Obama in comparison with Herbert Hoover? Can a president who is a do-nothing but warfare--now in Pakistan, too--be called a political talent? Oh, a talent for bloodshed, wasting our borrowed resources? Certainly, those!

Hoover, from my reading, was a thoroughly decent, humane man with high intelligence, confronted by an unparalleled turn of financial events only months after he assumed the presidency. Obama is a university-educated nincompoop who has not ventured a single idea of his own since he took office, instead following in the footsteps of his reviled predecessor, George W. Bush. His most human qualities are his narcissism, lying and fear of established power. Hoover was a man of peace. Obama is a man of war.

I think very well of Mr. Greider's analyses of our economy and financial policies, but I have a criticism of most writers on this subject: they do not make the connection between our imperialism and our economic problems at home. Members of Congress do this all the time. We cannot afford Medicare for all, they proclaim, while appropriating over a trillion dollars (borrowed) for "defense," intelligence and homeland "security."

None of the latter is touchable by concerns about undue spending, but programs to help Americans who are losing homes, jobs and healthcare are always too expensive. Economists, and journalists, who fail to make the connection are playing the imperialists' game, perhaps unwittingly.

Alvin D. Hofer

St. Petersburg, FL

Nov 24 2009 - 11:25am

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