Sure, I don't like him or most other politicians, but he happens to be the most competent of our two esteemed Utah senators (Senator Bob Bennett being a complete idiot), so although it is probably a complete waste of my time, I decided to shoot him off a letter  about my feelings on the economic collapse we are experiencing.

Senator Hatch,  

I am contacting you again regarding the collapse of the housing market and forthcoming recession. I wrote you approximately 1 year ago regarding this same issue and your response stated in a nutshell that you were not overly concerned about the issue because Mr Bernanke had testified to congress that he did not foresee any spillover of subprime into the overall economy. Now that that myth has been entirely disproved, and we are without a doubt experiencing significant fallout on both Wall St and Main St I wanted to contact you again to express my disappointment with the the Federal Reserves handling of this situation. Here are my concerns:  

1. The Fed is intentionally debasing the dollar through continued interest rate cuts to attempt to resolve the credit crisis. This policy in turn is leading to very high inflation (NOT core inflation which excludes food and energy) on items that average middle class families need in order to survive such as gas (now approaching $3.50/gallon in Provo), electricity, bread (wheat prices have tripled in the past year), etc.  

2. The Fed is bailing out Wall St but doing nothing for Main St (I don't think either should be bailed out) by allowing securities firms to use their worthless mortgage backed securities to borrow directly from the Fed (thereby putting taxpayers potentially on the hook should they fail), the bail out of Bear Sterns masqueraded as a buy out (Fed assumed risk of losses to JP Morgan resulting from Bear Stern bonds) 

3. The value of the dollar is plummeting... with China's currency increasing in value and our plummeting, I think we will start seeing inflation even on cheap imported goods 

4. A federal deficit that has jumped from 5.6 trillion to almost 10 trillion since Bush took office  

As a middle class father of 4, I have to tell you that it is getting more and more difficult for me to support my family. I am fortunate enough to have been able to get a college degree and have a somewhat stable profession and income. I can tell you, however, that many of my friends and family members are really struggling to get by due to inflated housing costs and increasing energy and food costs. I would ask you please to use your position to discourage the Fed from continuing to decrease my wages through a policy of dollar debasement and to stand up to any bailouts using taxpayer dollars, especially to the same Wall Street firms that have played a significant roll in creating this mess in the first place.  

Thanks you for your service and your time.  

Sincerely,