Financial savvy lacking in leaders

The housing fiasco and financial meltdown were caused by fiscally inept members of the federal government. Rep. Barney Frank and Sen. Chris Dodd were leaders in demanding that lenders provide loans to people with insufficient resources to pay the loans. Now these same people are responsible for writing the rules to fix the problem they helped create.

If they didn't demand that lenders forget about fiscally responsible lending practices, we wouldn't be in this situation now, Bet the cure will be worse than the problem.

Also, we have a speaker of the House, Nancy Pelosi, who believes unemployment checks are the best way to stimulate the economy. If her thinking is correct, 100 percent unemployment would lead to financial prosperity.

I hope America wakes up and votes for candidates with fiscal knowledge and integrity. We have very little of that now in the people elected to represent us.

Dave Forster

Elk Grove Village