Cranston and Lincoln S

While all of us are weary (and some broke) of reading the never-ending saga of Lincoln Savings & Loan’s obscene swindle of investors, the Honorable Alan Cranston breaks silence and says accusations towards him are “ridiculous” (Part A, Nov. 29). When an elected politician for 20 years collects $970,000 from a planned con operation that will cost taxpayers $2.3 billion to correct and is mostly concerned it has “interfered” with his fund-raising for reelection, it gags me.

Cranston stated he was “getting tired” of the persistent questions of reporters and upset by the embarrassing testimony before House committee hearings. Poor baby. Is he too blind or plain stupid enough not to see the American taxpayers are more “tired” of continuing to bail out savings and loans pillaged by high-flying, fast-lane campaign donors?

Regarding the current investigation of Lincoln’s deposed owner, Charles H. Keating Jr., by the Securities and Exchange Commission and the Justice Department, he said it is too early to judge whether Keating did anything wrong and “we’ll have to wait and see.” It appears that is the attitude of California voters, too, when election time rolls around again. Twenty years at the feeding trough is enough already and a final jog into the sunset is overdue.

BILL LAWSON

Costa Mesa