Kokomo Tribune; Kokomo, Indiana


September 21, 2012

Letters to the editor - Friday, Sept. 21, 2012

Regulation stifles abuse by powerful

Do you think there are abuses by the powerful and wealthy? You bet.

Our Congress has been purchased, and laws guaranteeing the ultrawealthy huge profits for pretending to work are in place.

They dance their horses and sail their boats and call it work, written off on their hidden taxes or on some obscure island.

Meanwhile, you go to work and your boss says, “Do the job you are paid to do.”

OK, you do the best job you can. Your boss then says, “Give me 10 percent of your paycheck every week or I’ll fire you.”

If there were no laws against it, you’d be stuck paying part of your income to your boss. Best way to rein in your boss is to have limits/regulations preventing him from abusing you. (By the way, there are regulations. If your boss does this, turn him in.)

One side in the upcoming election seeks to strip regulations, leaving you with little protection and allowing the powerful to do it to you on the job, at the pump or any place else they choose.

Just as the police stand between you and the crooks, the government is the only thing that stands between you and the ultrawealthy crooks who will do and say anything to get your vote so they can rob you blind.

Do you feel abused at the gas pump? You should because that’s exactly what’s happening. Laws are now in place to limit the abuse at the pump, but the ultrawealthy bankers/speculators are suing to prevent implementation.

Bet you thought once a law was passed by Congress and signed by the president, it became law. It does, but the ultrawealthy can sue to stop implementation through our court system.

The result of regulations held up in the courts: higher and higher gas prices driven up by big banks and speculators that will stop at nothing to prevent the new regulations from going into effect. Billions of dollars are at stake, and it’s coming out of your pocket.

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