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Ghost of Christmas Past can visit Owens

December 19, 2013
The Leader Herald

Because of the 2008 recession, food stamp enrollment has increased by 15.5 million since 2009 and recent job-creation figures show low-paying jobs have largely replaced higher-paying ones. Congress recently voted to cut food stamps by the equivalent of 26 meals per month for a family of four.

At a time when the majority is struggling financially, the nation's leaders are accumulating more wealth.

Almost 50 percent of the lawmakers have a net worth of more than $1 million, the wealthiest of which was worth more than $500 million in 2011.

Americans living below the poverty line rose to 49.7 million last year; a record high which equates to 16 percent of the population. A recent study also shows the U.S. income gap is worse today than it was in 1774.

As if the rich could not get enough, our 21st District U.S. Rep. Bill Owens recently voted for HR 992 (most of which was written by Citigroup) to let the greedy big banks resume gambling on derivatives with taxpayer money as they did before the last recession, only to be bailed out with taxpayer money.

We can only wish that he and other congressmen are paid a visit by the Ghost of Christmas Past.

We can also vote them out.

JACK CASSIDY

Johnstown

 
 

 

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