We are all part of Wall Street

I was offended by your April 5 cartoon, "Fed." Wall Street is all of us and not just the "fat cat few."

As a retiree, if the news from Wall Street is bad, with stocks and mutual funds dropping, I stop spending on non-essentials. As many retirees follow this pattern, it begins to affect nationwide spending (and reinvesting). This has a negative impact on jobs. With lower income and profits, layoffs or job-shipments to Mexico or wherever are inevitable. This is happening now. Another point I would like to share is the possibility that government may someday allow individuals to buy into stocks and mutual funds as an alternative to placing their earned money into Social Security. Then many who now have a negative view of Wall Street will take an avid (verses rabid) interest in the health of Wall Street.

Finally for borrowers, Wall Street is the major source of mortgage funding for homeowners. I ask all who enjoyed this cartoon to take a reality check and re-evaluate their beliefs about the health of Wall Street and their personal economic health.

LeRoy Heibel

Wauseon, Ohio