News from the Tennessee Valley Opinion


Rich are lining own pockets at expense of middle class, poor

To The Daily: Capitalism is a great engine for creating wealth, but an abject failure at distributing wealth. Without regulation, capitalism inevitably results in consolidation, monopoly, exploitation and misery. During our history we have experienced eras of great wealth and economic growth, followed by painful economic upheavals.

President Franklin Delano Roosevelt’s attempt at mitigating the economic horrors visited upon Americans, through New Deal legislation, was an attempt to save capitalism. Roosevelt understood capitalism’s faults and tried, through regulatory legislation, to rationalize the economy. He failed.

The economy did not rebound until the stimulation of World War II. But FDR and Congress enacted programs and set up regulatory bodies to protect the poor, labor and farmers, and put in place a banking system to rationalize the economy, and thus to make it more fair and just.

For his efforts, the rich called FDR a communist and a traitor to his class. Blinded by selfishness, they could not appreciate his attempts at saving capitalism from self destruction.

Since President Reagan, the rich have attempted to destroy every vestige of the New Deal. Generally, they have succeeded. The rich become richer. The middle class is disappearing. The ranks of the poor and impoverished are rapidly expanding. Our political system is corrupted. Our representatives act not for us but as agents for wealthy interests. Our citizens are alienated from government. Our freedoms and form of government are in jeopardy.

“W” professes religion, enables the rich and attacks “the least of these.” Then, there is the war, and torture and lies. Whatever happened to “compassionate conservatism,” or even to conservatism?

Wayne Holliday

Choices for businesses
and consumers better than a council mandate

To The Daily: In Decatur we have a City Council junta aided and abetted by a spineless mayor. We the people have to step up at the ballot box if we want to keep our rights.

As a smoker I believe in nonsmokers’ rights, too. A business should be allowed to decide to have all smoking or nonsmoking or separate sections. Then we the people can decide what’s best for us.

Roy Woods

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