Letters

Letters 08-31-2015

Inalienable Rights This is a response to the “No More State Theatre” in your August 24th edition. I think I will not be the only response to this pathetic and narrow-minded letter that seems rather out of place in the northern Michigan that I know. To think we will not be getting your 25 cents for the movie you refused to see, but more importantly we will be without your “two cents” on your thoughts of a marriage at the State Theatre...

Enthusiastically Democratic Since I was one of the approximately 160 people present at when Senator Debbie Stabenow spoke on August 14 in Charlevoix, I was surprised to read in a letter to Northern Express that there was a “rather muted” response to Debbie’s announcement that she has endorsed Hillary Clinton for president...

Not Hurting I surely think the State Theatre will survive not having the homophobic presence of Colleen Smith and her family attend any matinees. I think “Ms.” Smith might also want to make sure that any medical personnel, bank staff, grocery store staff, waiters and/or waitress, etc. are not homosexual before accepting any service or product from them...

Stay Home I did not know whether to laugh or cry when I read the letter of the extremely homophobic, “disgusted” writer. She now refuses to patronize the State Theatre because she evidently feels that its confines have been poisoned by the gay wedding ceremony held there...

Keep Away In response to Colleen Smith of Cadillac who refused to bring her family to the State Theatre because there was a gay wedding there: Keep your 25 cents and your family out of Traverse City...

Celebrating Moore And A Theatre I was 10 years old when I had the privilege to see my first film at the State Theatre. I will never forget that experience. The screen was almost the size of my bedroom I shared with my older sister. The bursting sounds made me believe I was part of the film...

Outdated Thinking This letter is in response to Colleen Smith. She made public her choice to no longer go to the State Theater due to the fact that “some homosexuals” got married there. I’m not outraged by her choice; we don’t need any more hateful, self-righteous bigots in our town. She can keep her 25 cents...

Mackinac Pipeline Must Be Shut Down Crude oil flowing through Enbridge’s 60-yearold pipeline beneath the Mackinac Straits and the largest collection of fresh water on the planet should be a serious concern for every resident of the USA and Canada. Enbridge has a very “accident” prone track record...

Your Rights To Colleen, who wrote about the State Theatre: Let me thank you for sharing your views; I think most of us are well in support of the first amendment, because as you know- it gives everyone the opportunity to express their opinions. I also wanted to thank Northern Express for not shutting down these types of letters right at the source but rather giving the community a platform for education...

No Role Model [Fascinating Person from last week’s issue] Jada quoted: “I want to be a role model for girls who are interested in being in the outdoors.” I enjoy being in the outdoors, but I don’t want to kill animals for trophy...

Home · Articles · News · Random Thoughts · The Battle over Social...
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The Battle over Social Security

George Foster - February 10th, 2005
Thank God for the troops. Expect to hear very soon from our seasoned soldiers, marching shoulder to shoulder. These veterans will fight to the bitter end to keep what they believe is rightfully theirs.
AARP, the largest senior lobby group in the world with 35 million members, is ready to confront politicians with every weapon in their arsenal in order to keep our Social Security system from being cannibalized by Wall Street profiteers. George W. Bush’s plan for a partial privatization of Social Security is the centerpiece in his bid to promote an ownership society in America.
I have to admit to being initially intrigued with the idea of investing some of the social security withholding that I fork over to Uncle Sam with every paycheck. Why not allow participants in the system to invest some of the money? After all, Social Security withholding is our hard-earned cash, right?
But wait a minute. As was outlined by an opinion piece in the Northern Express
Weekly issue of 1/20/05, Social Security should be considered an insurance account, not a retirement fund. 70 years ago our country committed itself to institutionalizing a system that would guarantee monthly income for senior citizens. Social Security was never intended to be a retirement plan that an American citizen could rely upon to live comfortably. It was meant to be a survival package.
When politicians focus on Social Security as the big crises in our economy, they are simply wrong. The system has periodically needed adjustments over the years and might need another one soon. The real question is: do we want a safety net for our retired citizens or don’t we?
7.65% of our earnings (up to $90,000 of wages for 2005) is a small price to pay to ensure that our elderly are guaranteed some monthly income and medical care benefits. Besides, who do you think pays for older people who are left with nothing? We taxpayers always end up with the bill, anyway.
Do you really trust a bunch of rich politicians, who regard future social security benefits to be laughable compared to the rest of their investment portfolios, to decide this issue? Whether they are Republicans or Democrats, they don’t have a clue how critical Social Security is to the little guy. As a result, AARP should be very suspicious when millionaires tell us they have the ultimate solution for senior citizens. Especially when that solution is to take money out of the system.
Social Security is not even the big problem – funding issues can and will be resolved. Retirement planning, or lack thereof, is the immediate crisis we should be focused on. Admit it – chances are you haven’t given much thought to retirement savings. Most of us are just struggling to stay alive day-to-day, right?
Well, join the group. Americans can’t or refuse to save money and it is stifling our economy and the retirement prospects of our citizens. Europeans save 20% of their gross domestic product, Japan 25%, and China a whopping 50% of GDP. By contract, the average household in the U.S. saves .8% (not 8%) of their household income. .8 of 1% equates to $240 annually saved for every wage earner of $30,000. As a result, we have become a nation that only knows the mindset of “borrow and spend.”
What we really need is for politicians to take the restrictions off actual retirement accounts. Beginning in 2005, only $4000 can generally be put into individual retirement accounts (IRA’s) on a tax-free basis. Whoop-de-do, that is $333 per month maximum. With the lack of savings and retirement accounts being such a huge problem in this country, why not allow $10,000 annually? Better yet, if we instituted unlimited tax-free contributions, the amount of consumer savings would grow exponentially.
Before we gut Social Security, let’s listen to what the seniors have to say. They know there is no reason why we can’t retain our Social Security safety net and do more to encourage Americans to save for their own retirement.


 
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