I read Marv Ulmholtz’ newsletter regularly and the June 22 edition did not disappoint. I split about 50/50 as far as agreeing or disagreeing with his views, but I enjoy his writing style, including referring to himself as “this correspondent.”

Umholtz called the June 16 Senate Banking Committee hearing on Sen. Udall’s bill was “merely a pro forma dog-and-pony show.” True in part as most hearings are; politicians are looking to score political points one way or another and the lobbyists want to say, “Look at what we’ve accomplished.” And there’s nothing wrong with that because the issues do need to be made public. While the members of Congress and witnesses were well-prepped, it was certainly not staged.

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