Tuesday, June 08, 2010

America’s present economic and political systems are controlled by people steeped in avarice and oppurtunism

Dear Citizen, May 2010

One in five Americans is “laid off”, underemployed, or simply not working. One in eight mortgages is in default of foreclosure. Today, one in eight Americans is on food stamps. More than 120,000 families are filing for bankruptcy every month. The economic crisis has eliminated over $5 trillion from pensions and savings. Ten million homeowners are facing homelessness.

In the 1960’s, median family income, adjusted for inflation, rose 33%. In the 2000’s, it rose just 1.6% as families were spending twice as much, adjusted for inflation, on mortgages than a generation ago. Families are also spending twice as much for healthcare. They are now spending all income and savings to barely stay afloat. One bad diagnosis, one punitive legal action, or one pink slip will push millions over the cliff. Hard work and productive skills are no longer guarantors for economic viability. Tens of millions of once-secure middle class families now live paycheck to paycheck. Decent retirement is just a dream.

So obviously the middle class is being squeezed. Many have benefited and prospered at their expense. Boring and simple banking, once possible with a boring and simple legal system, has given way to “creative” banking. The financial industry generates many billions in fees. This is only made possible by deceptive terms buried in the fine print of incomprehensible and opaque contracts. Shysteristic banking is only due to a shysteristic legal system.

Homelessness has become common phenomenon because of this.

Where does this shysterism radiate? Please read the following.

1. Environmental groups have filed more than 3,300 suits. Every single suit seeks attorney fees and many have charged $650 per hour. While federal law usually limits attorney fees to $125 an hour, these environmental attorneys have received $37 million from federal taxpayers. These monies had nothing to do with environmental protection.

2. For hardly any work which involved several hearings, Acorn and its allies received $450,000 in attorney’s fees from Missouri taxpayers

3. A 9/11 settlement up to $657.5 million to more than 10,000 ground zero rescue and recovery workers will be decided by attorneys and attorney judges. It will not be decided by lawmakers.

4. In another typical lawsuit for money against the pharmaceutical industry, Pfizer was held liable for its marketing of its epilepsy drug neurontin.$142 million in damages were awarded despite the fact the plaintiff offered no testimony from any physician claiming he/she would not have prescribed the medication had they known better.

The voices of reason and restraint are today being drowned by the BAR. Americans are driven to distractions by the omnipresent,”omniscient” and omnipotent legal profession. The haves and well-connected can break and make the laws while the rest face road stops and unlawful searches,surveillance,and seizures.Too few Americans fully comprehend the extent the lawyer/lobbyists unconstitutionally have over government and society. The bar associations have to be deemed a criminal organization. It is an international cabal with no allegiance to Americans.

America’s present economic and political systems are controlled by arrogant people steeped in avarice and ambition. Impoverished people will rebel if America’s economic decline remains unabated. Societal instability happens when there are gruesome gaps between rich and poor. Americans must unshackle themselves from the chains that all non-democratic institutions place on them.

Very Truly Yours,
Harsha Sankar
908 Valley Ridge Road
Covington,Virginia 24426