Please feel free to copy this letter and send it to the President today!
February 2, 2010
Nancy T. Lindsay
Dear Mr. President,
The American people are in a war, only it’s a war against the middle class. This is the war you need to confront and win first Mr. President.
If you really want to help the middle class, the first thing you can do is to reduce the principle on loans that are upside down. Then you can reduce the principal on all other home owners who had value stolen by the banks. They inflated the prices of our homes, they can just as easily deflate the principal. But they’re too greedy and refuse to take the current value, they want every penny of their over inflated value. The sad part is, they’ll get it by holding our houses hostage for years, until the value rises if ever…unless you put your foot down NOW!
The second action is to put in a price freeze on food and utilities. These corporations have a choke hold on us and you must loosen their grip. If these companies don’t like the price freeze, then tell them to set up their monopolies that rake in billions for food in Baghdad, Haiti or Kabul.
FDR threatened to close down US banks during WW11, therefore I believe you can and must take these steps first.
Thank you.
Sincerely,
Nancy Lindsay
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