Letters to the Editor

Executives' assets should be used to bailout economy

As an American citizen, I am totally fed up with our judicial system. They can put Martha Stewart in prison for her actions with the stock market but the CEO’s of all these banks, stock market and mortgage companies can walk away with their big salaries and huge bonuses. Then they get money from the government “bailout” and then give bonuses to the executives, for what, grand theft? What is wrong with this picture.

So many Americans have worked all their lives to purchase a home and invest into their IRA’s or 401k’s to have an enjoyable retirement with their grandchildren only to be foreclosed on and financially wiped out by these “criminals.”

I feel these “criminals” should be locked up and their assets taken and used to bailout our economy. They knew what they were doing and should “pay the piper.” I feel all bonuses, no matter what, by all executives, should be paid back.

What’s happened to our elected official’s backbones? We, as Americans, should write, call, and demand the representation that we elected and are paying for dearly.

Neil Johnsen


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