Financial industry drove economy into crisis
The Academy Award-winning documentary, “Inside Job,” explains in clear and simple fashion how financial institutions caused the recession.
It should make your blood boil.
As the film states, financial institutions such as big banks have turned their backs on society, corrupted our political system, and plunged the world economy into crisis.
Presidents Reagan, Clinton and the Bushes all played a part, by signing laws deregulating the financial industry.
Their treasury secretaries and regulating agency appointments often came from banks and investment firms with some degree of responsibility for this catastrophe.
President Obama has wimped out on this issue, despite promising in his election campaign to reform Wall Street, and having a popular mandate to do so.
The financial reform bill he signed in 2010 will do little to change things. The men and institutions that caused the crisis are still in power.
Sen. Tim Johnson is Chair of the Senate Banking Committee. South Dakotans have a responsibility to pressure him to create real reform, or this crisis will happen again soon.
We need a financial industry that is stable and safe, that serves us, not the other way around.
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Kooiker can encourage growth, prosperity
Integrity and consistency in the mayor’s office will encourage new growth and prosperity in our community, and Sam Kooiker is the one who can follow through on this.
His experience of nine years on the city council, with his accomplishments — exposing land fill fraud, fighting for the right of free speech for city employees, street repair and serving and being respectful to all people all the time — are just a few of the reasons he should be our next mayor.
His record speaks for itself. Go to standwithsam.com to find what is great about this guy.
Jerry Wright a local man of integrity
I have known Jerry Wright since third grade when we were classmates at St. John the Evangelist Catholic School. As students, I had my band of juvenile delinquents, but Jerry was more focused. I recall in eighth grade, we had a talent show. Jerry was the precursor of George Carlin, the hippy dippy weatherman. He made us all laugh.
Jerry is a close family friend. He is homegrown and is a man of integrity. Jerry is an educated, experienced leader as well as a retired Army Lt. Colonel. I encourage all Ward 3 voters to vote for Jerry Wright for city council.