I take no issue with the tenor of Ron Malzer's "Guest View" on Opinion page of the Tribune Sunday, but I do take issue with his one-dimensional characterizations of Speaker Paul Ryan, author Ayn Rand and Fed Chairman Greenspan.
He identifies them as "wealth worshippers" and ignores their history and roles. Speaker Ryan has always had a fiscal conservative's view of the federal government and bureaucracy and is acutely aware of the insidious effect of the deficit, the recent tax reform act notwithstanding.
The effect of the deficit on those who rely on federal entitlements will be devastating and it has resulted from the lack of honesty and courage on the part of both political parties.
Malzer fails to note that Ayn Rand was born in Russia in 1905 and writes from the perspective of one whose life was disastrously affected by the Bolshevik Revolution and communism thereafter. Her philosophy is as much about individual freedom, personal responsibility and the danger of an overly controlling government as it is about capitalism.
Greenspan's success at the Federal Reserve was universally esteemed, until in retrospect it wasn't. Malzer condemns him and the banking system for the housing-related recession while failing to acknowledge the political pressure brought by Congress to make government-guaranteed mortgages available to businesses and individuals who could in no way afford them.
I agree with Malzer that the "wealth worship" is a hollow and soulless thing. I do, however, take issue, even in opinion pieces, when individuals are less than fairly characterized to support a thesis.
William Beres, Onalaska