I wrote this letter to Paul LaMonica in response to his article at CNNMoney.com titled This isn't just a Wall Street Bailout.
I have grown steadily weary of the calls to suck it up and just let the greedy corrupt bastards in Congress and the financial markets dictate how this bailout is going to be run. And after revelations that even the minimal oversight in this bill is an absolute farce, I've had it.
Let them burn. Read my full letter to Paul below the break. The block quotes are bits I've added specifically for this diary.
**UPDATE** From below: I definitely understand the perspective of those nearing retirement or in retirement, but what's better. React out of fear and give these people everything they want, the very people who made the mess we're in, or take a step back and actually implement bits that will keep this from happening again?
My mother is 10 years from retirement. My father is a little closer. My aunts and uncles are all 49-56. My grandmother is 78 and in retirement while my grandfather passed away years ago.