Letters published on the Duluth News Tribune’s Opinion pages run the usual gambit from really relevant and well written to silly, poorly reasoned and based on one superstition or another or just plain filled with factual errors. So, after almost 9 years back in Minnesota, after 30 years in Alaska, we have subscribed to the DNT every inch of the way and I usually hit the opinion section first.
Today, April 16, 2014, I was blown away by Frank Abbott’s published letter in the DNT entitled, ” ‘Financialism’ permitted greatest theft in history.”
It was as good a letter as I’ve seen published in the DNT ever. It was from first-hand experience dating back to the “Great Depression” of the 1920′s and 1930′s, obviously supplemented by substantial serious study. Abbott’s conclusions were dead on and need heeding.
I’ll be anxiously waiting to see published replies in the DNT, particularly from any academics, maybe even some reckless enough to send in pompous rejoinders extolling the virtues of the magical “free markets” relying on quotes from vacuous economic superstars like Henry Hazlitt or Milton Friedman.
Abbott’s letter can be found at: http://www.duluthnewstribune.com/content/readers-view-financialism-permitted-greatest-theft-history
Ken Kollodge
