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David Govett br> Davis, California /p> p> KIND OF ONE-SIDED br> Re: Lawrence Henry's Both Sides of the Financial Crisis : /p> p>Just a note to say how much I enjoy your articles. I met my wife while she was waiting for her second kidney transplant-and immediately proposed. Our 3rd anniversary was in August. Best wishes. br> -- Dennis Morris /p>I am sorry to have to say this, but there is only one side to the current financial crisis. That is total government incompetence bordering on, if not in fact, criminal negligence. There is no one else to blame. Government policies created the situation that led to the credit meltdown. It was political influence and protectionism that allowed it to continue to the point that literally trillions of dollars in investment have been lost in the private sector. And now governmental corruption continues as the Congress and the administration strive mightily to cover-up their incompetence, negligence and possible criminal behavior. And in so doing, they are going to cost the taxpayers hundreds of billions of dollars directly and an unknown amount indirectly as their actions deepen and perpetuate the recession that we are entering.
p>Who do you vote for to represent your interests? How do the people protect themselves from their protectors? When we look to Washington, we are akin to Diogenes. And lo, there is not an honest man to be seen. This is just another failure of government in a long list of failures in the last three decades. And there are no strong leaders on the horizon to look to. So let's go to the polls and vote. There may be some conservatives running for Congress who are, as yet, uncorrupted. If you can find one vote for him, or her. As for the Presidency, we have the choice between an aging liberal populist and a young Marxist-Leninist. I suppose one is better than the other, but not very much. If the citizens do not take control of this country, then we will all be working for minimum wage; except for the politicians and a few of their good friends. But, at least we will have free housing.