Letter to the Editor: Protests draw ire; banking crisis fault of Dems

I don’t know who William River Pitt is, nor do I care. After reading his column in last week’s paper, it is quite easy to figure out who he is and how he thinks. He is pretty fast to blame everyone else for all the faults in this country, except the ones who are really responsible.

I wonder, Mr. William River Pitt, if you have ever heard of Jimmy Carter or Bill Clinton or Janet Reno or Barney Frank or Chris Dodd or Barak Obama. Do you know who they are? They are the ones that gave us the sub-prime mortgage rate. There is a bill written by Senator Chris Dodd and Congressman Barney Frank, both Democrats, that forces banks to loan people money to buy houses that they can’t afford. It is not the banks or Wall Street’s fault that people are losing their houses. I’m sure there are crooks on Wall Street , but that is not causing the problem. Why, now, a former Attorney General threatened to sue the banks if they wouldn’t comply.

Everyone should have a house, they said, (so) we’ll use other people’s money to buy it for them. These are the people responsible for all the problems in this country. Why don’t you demonstrate in front of their houses?

You mention all the demonstrators. Most of them don’t even know what they are there for. You say they don’t have jobs. After looking at most of them, who the ... would hire them? Have you seen who their supporters are? The President and a lot of his party, the Communist Party of the USA, some Nazi party – just about every scum-bag party that hates this country. It is easy to see why they are called the Flea Bag party.

It easy to see where you come from, being a Democrat and a socialist liberal. It is always so much easier to blame someone else than to get to the truth. You talk about the American Dream. What is your dream? To share the wealth, take money from people who worked for it and give it those lazy scum-bags c____ing on police cars and doing drugs, just showing off how stupid they are? That is what our President wants to do and he is doing a good job of it.

We do not have a banking crisis now. What we have is a “Debt Crisis.” Andreas Schmitz, head of the German Banking Federation and chief executive of HSBC Trinkaus, told the Financial Times on Sunday that protests against banks were “a diversion from the fundamental problem: that we can no longer finance our welfare states.” And there you have the real reason why this country has the problems it has.

Joe Wollman

Odessa