LETTER: Wall Street takeover?
Does Tim Johnson Support Wall Street taking over the U.S.?
According to the June 1 issue of the bimonthly magazine Progressive Populist, in an article by Dean Baker, our Senator Tim Johnson and a cohort, Sen. Mike Crapo, (R-Idaho), are introducing legislation to privatize Fannie Mae and Freddie Mac so that Wall Street banks won't have to compete with them anymore.
I personally don't pretend to understand the implications of that move, but apparently Mr. Baker does.
Because of his friendliness toward mega banks, I look for Mr. Johnson to be appointed to a lucrative board of directors position where he is expected to only give his approval to continued Wall Street takeover of our country.
That is Johnson's M.O.
I am a loyal Democrat just trying to expose the wretchedness of my own party.