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Another decade of greed is around us
The Gazette Opinion Staff
Feb. 21, 2010 11:26 pm
I feel it started in the 1980s during a certain president's time in office.
It is known as the decade of greed. There were deregulations of many rules that kept banks and big businesses honest. We were told that they could regulate themselves.
In the last decade, there was the housing bubble that was burst because banks and Realtors became greedy.
Manufacturers sent jobs overseas to save money (greed).
A certain well-known retail company insisted some of their providers make their products in China so they could sell them at the lowest prices. If they didn't, they canceled their business (greed).
Wall Street became very greedy.
Lobbyists pay congressmen and women to vote for their pet projects. Are both greedy? Some lobbyists even write some of the laws.
Health insurance and pharmaceutical companies became very greedy.
Didn't our mothers teach us better than this?
If it looks walks and sounds like greed, it must be greed!
M. Jean Murray
Cedar Rapids
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