November 23, 2024
Letter

Free markets betrayed

The “bailout” of certain financial institutions, passed by Congress betrays our free market system. In a free market, greatness thrives. Greed and risk-taking have guided those awaiting the next handout from our government.

In my life, I must live within my means. Otherwise I go without. Our president and congressional leaders cried that without this money there will be more home foreclosures, retirement funds will be jeopardized and life as we know it will end in America. My heart goes out to those that may be affected. However, those individuals, and the individuals running these financial giants are adults. Unless it is found that fraud was committed, contracts must be honored. Borrowing money from foreign nations through the sale of Treasury bonds will not make it better.

I cannot vote for any politician who supports this legislation.

Jenny Tibbetts

Jackson


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