Web Letters: Naming the Enemy

Capitolism

By Christopher Hayes

This article appeared in the June 22, 2009 edition of The Nation.

June 3, 2009

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  • There needs to be a balanced approach.

    At a time when the banks are struggling to stay solvent, making a move to destroy a large section of their capitalization backing may do more harm than good. We need to have that money flowing to the start-ups and entrepreneurs who create jobs.

    This is tough and not at all a one-sided question, as some of both positions are to the benefit of the people.

    By the way, I do not work in the banking or finance sectors.

    John D. Froelich

    Upper Darby, PA

    06/06/2009 @ 08:53am


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