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Roger Haglund, Moorhead, Letter: Conservatives twist the truth too easily

It always amazes me how conservatives like Jim Hanson (Dec. 26. letter) can twist the truth. The philosophies they espouse and the policies they implement create problems, and then they try to pin the blame on liberals.

It always amazes me how conservatives like Jim Hanson (Dec. 26. letter) can twist the truth. The philosophies they espouse and the policies they implement create problems, and then they try to pin the blame on liberals.

For example, Hanson says problems such as the subprime mortgage crisis can be solved by burying "liberalism." In case Hanson hasn't noticed, conservatives control the Executive Branch, the Supreme Court, the Fed, and most business and financial institutions in America.

They also controlled the Congress during the time period when the subprime mortgages were issued. Yet when the subprime mortgage meltdown occurred, he blames "liberalism" and also blames people for being uneducated and gullible.

When the conservatives are in control, they must accept responsibility for their decisions. Were the conservatives who run and oversee the financial industry too uneducated to see the consequences of their actions? No way. (I assume Hanson thinks conservative executives are well-educated!)

Then the implication is that the mortgage industry, federal regulators, etc., knew that the public was na?ve, and they hatched a scheme to ignore time-honored lending principles in order to make a lot of quick profit at the expense of these gullible families. Not a very flattering picture of conservatives, is it?

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I agree that our schools should teach students more about handling their finances, but it is not fair to blame schools for the mortgage problem, either. When people in authority (who are supposed to be trustworthy) tell us it is OK to take out a loan, we usually believe them. They are the "experts" in their field. We warn people to beware of scam artists, but we don't tell them to beware of their bankers and government officials. In fact, we tell consumers to go to these people for reliable information to avoid being duped.

So let's put the blame where it belongs: on greedy financial institutions and on conservative government officials who believe that businesses should not be subject to any government regulations or oversight.

Roger Haglund, Moorhead, Letter: Conservatives twist the truth too easily 20071228

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