Sir;... Your revisionist history deserves revision... Allow me... The people had no choice but credit... Small business had no choice but credit... Government had a choice, but was allowed no choice but credit... Try to tell someone whose wages are short and whose bills are long that he does not need credit???Look at the whole economy... Could the people with credit or without ever buy back what they produced???Capital must export, and to sell abroad all products must be cheap... So wages are driven into the dirt, pushed so low that no one can endure any emergency expense... And; the people need credit, which reduces resources even more, making everyone poorer yet... But what does that mean to the boss??? Does any man faced with bills ask for his due???If a man can get by without confrontation, and without demanding his rights, and that means credit, will he not use credit??? And look at your housing markets...The price is inflated... Why is it so high???Why should anyone sell at a loss??? Once upon a time in America, property supported the whole government.... And, under pressure of taxes, property was cheap, and the price of labor to make it profitable was dear... Now, property is dear, and wages are low, and doubly low because they are taxed, and so the price of property is nothing beside the price of money... But wait...Isn't property ownership a good goal in the eyes of government??? Not so high as the goal of extreme profits on money lending... And it is money one buys with a home.... And while that price has always been subsidized by government, costing the government revenue; interest was still extreme...And what taxes should always have done by driving down the price of property; high interest, ruinous interest, and interest on every conceivable commodity has done instead... Too much credit equals too little hope... The profits of Wall Street do not equal the well being of America... Quite the opposite is true, that everyone working for the profit of distant bankers has equaled local ruin across this land... And the goverment which has spent its moral value propping up the immoral value of profit without labor, initiative, or invention has ruined itself as it expedited our ruin... Government has to serve the needs of the whole people...The whole people needs to survive on what they produce...If credit were necessary short term for any emergency need, it should not be a necessity as it is across the whole of society, so that govenment, and population cannot possibly survive without it... Now; Government could and should tax wealth, and property.... Wealth in few hands is poison to society... No government should employ credit... If what it does is worth doing it should be done with taxes... I know that many on the right complain that only fifty percent in this land pay income taxes... My understanding is that when we first accepted an income tax, that it only affected 11% of the people... The people saw it as fair, or they would not have supported it...But eventually the majority of the cost of government was loaded onto labor, which could not bear the cost... Rather than tax the rich; the rich in goverrnment taxed the poor, or relied upon credit, and this has only fed more money to the rich... So who has credit been good for??? If it has brought the land to the point of ruin, then it has helped no one...If we get through this the poor will be poorer, and the rich will be richer, and the rich will be able to sell out the poor cheap, and for a profit.... But no one can deny that they have had a part in this; that they forced credit on us when everyone knows it is wrong, even foolish... Because, credit was the price we all had to pay to get ahead in life even while it put us behind...Fair wages, and fair taxes might help our troubles...Democracy is the only cure.