Having read Pastor Lee Hemen’s March 24 letter, “Blame collapse on Democrats,” several times, I must confess that it’s a real head-scratcher. How we got here today is and will always be up for honest debate. Demagoguery from the far right or left with their respective equal levels of hypocrisy doesn’t help.
The housing market and its subsequent collapse were created by the confluence of fraud, greed, gullibility and reckless actions by a multitude of folks … unqualified homebuyers, speculators, real estate agents, loan officers, mortgage brokerage firms, Main Street banks, numerous Wall Street investment banks, the bond rating agencies, Fannie Mae and Freddie Mac, AIG who wildly speculated on credit default swaps, and federal regulators who failed or forgot to act. And guess what? No public unions or union employees are on this now infamous list.
I suggest Hemen research the concept of “false attribution error” and rigorously question his absolute certainty that one political party and its minions are solely responsible for sinking the U.S. economy (gas prices, jobs, homes, debt, and security). Using a barrage of false facts, scare tactics, appeals to prejudices, equivocations, Hemen seems bent on convincing the public of his righteousness, all to the detriment of fair public policy and economic activity.
Loren Lee
Felida