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Industry, GOP seek to discredit President Obama

To the Telegram: Does anyone doubt the Republicans' phony fight over the debt limit, mixed with the GOP-engineered financial crisis aimed at working class Americans, wasn't encouraged if not instigated by Wall Street, big banks and the military-i...

To the Telegram:

Does anyone doubt the Republicans' phony fight over the debt limit, mixed with the GOP-engineered financial crisis aimed at working class Americans, wasn't encouraged if not instigated by Wall Street, big banks and the military-industrial complex, which President Dwight D. Eisenhower warned about as he was leaving office in 1961?

Eisenhower also warned against American intellectuals and the educational system being unduly influenced by the government. This brings to mind the lopsided influence of government grant-financed programs at all levels of our educational system. If we can't get a grant to finance our new programs, they are discarded in favor of those for which grants are available.

Now we see the Tea Party spouting some of the same rhetoric that is so divisive and so detrimental to freedom and democracy that it could, if we let it, deprive many of their American liberties.

It is so obvious to anyone with any kind of understanding of industry's influence over our government that the not-so-hidden motive for our financial crisis and high unemployment has been created to try to discredit President Obama and the Democratic Party. In other words, the financiers of American industry are not responsible for Joe the Plumber not being able to find work and the banks are not deliberately withholding financing any economic growth. It's all because those darn Democrats won't agree to let the financial world govern itself and allow it to wipe out any kind of regulations that were devised to protect Americans from the financial, environmental and educational vicissitudes of the military-industrial influences on the treasured American way of life.

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Kay Coletta,

Lake Nebagamon

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