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5/18/2014 11:31:00 AM
Government intervention caused recession

To the Catholic Sentinel:

I have to applaud Jerry Gooley’s letter published in the March 21 issue of the Catholic Sentinel. He is right on in stating that the recent recession was caused by the government intervention in the mortgage market.

So many people out there think it was caused by Wall Street financiers and big financial institutions.

That’s because the liberal main street media report it that way. Thank God for Fox News, who tell it the way it is.

I also agree with his conclusion regarding Sister Megan. I am a long-time subscriber and enjoy the Sentinel very much.

John Becic
Portland





Reader Comments

Posted: Saturday, June 7, 2014
Article comment by: Jacqueline Sparks

The recession has been caused by more then just the government intervention into the mortgage market. There has been a steady loss of jobs in this country due to outsourcing of jobs to other countries. Many in the manufacturing sector. Add to this the many regulations and money it takes to stay in business. The economy does not seem to be a pressing issue for the present administration or the Democratic Senate. How many times in recent weeks have you heard the President mention the economy or jobs.



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