Letters

Letters 08-01-2016

Voter Suppression And Choice In 2013, five Supreme Court justices, each appointed by Republican presidents, knocked the teeth out of the Voting Rights Act. Immediately a majority of Republican-dominated states began passing laws aimed at suppressing the votes of their majority Democrat demographics: minorities, students and the elderly. These laws – requiring voter IDs, cutting early voting, eliminating same-day registration, closing selected polling places, banning straight-ticket voting, etc. — never flat-out deny a person’s right to vote; they just make actual registering and voting more difficult, and therefore make it more likely that individuals in certain groups will not vote. Think of voter suppression as a kind of reverse marketing strategy, one aimed at getting people not to do something...

Free Parking Patrick Sullivan’s good story on parking overlooked one source of “free parking” that has become an increasing problem in Traverse City: spill-over into adjacent neighborhoods. Instead of discouraging people from bringing cars downtown, we’re allowing them to park on both sides of narrow residential streets all day long...

Real American Duality Isiah Smith didn’t really put his deep thinking hat on before writing the “American Duality” commentary. First there’s geography. His daughter feels safer in Sweden than in the United States, at least partially because of the violence in Dallas, Baton Rouge and Minnesota. Really? Safer than in northern Michigan, which is further away from Dallas and Baton Rouge than Stockholm is from Ansbach, Paris or Brussels and no closer to Minnesota than Sweden is to Germany? Did Smith miss recent supremely violent events in those places? Alrighty then...

Home · Articles · News · Random Thoughts · Big Government to the...
. . . .

Big Government to the Rescue

George Foster - September 29th, 2008
Big Government to the rescue?
Yikes, what happened over the last few days?
A little over a week ago Senator John McCain assured us the “fundamentals of our economy are strong.” Yet, last night President George Bush warned us that the economy is melting down so fast that a crisis of unprecedented proportions will occur if we don’t implement his radical plan immediately.
As of this writing, there is no guarantee that the administration’s $700 billion bailout plan, brokered by Treasury Secretary Henry Paulsen and Federal Reverse Chairman Ben Bernanke, will prevail. Unlikely allies Barack Obama and McCain are endorsing a plan similar to Bush’s, while many of the President’s fellow Republican congressmen are fiercely opposed.
My reaction is similar to how a majority of Americans must feel; why are we even thinking about paying $700 billion to rich Wall Street executives who have tried run our country into the ground? Many of the CEOs who manage these financial firms are crooks whose purpose in life is squeezing money out of the rest of us to support their fat cat lifestyles.
To make matters worse, the guys who got us into this financial mess are the same ones hatching the brilliant plans to save us from ruin. Secretary Paulson is a 32-year veteran of Goldman Sachs and former CEO. Goldman Sachs also happens to be one of the financial institutions likely benefiting from the proposed bailout.
And where are we going to get the money? The U.S. government is already running record annual spending deficits of over $400 billion and rising since the year 2000. When individuals and small businessmen and women make bad management decisions, we lose everything and start over. We don’t look for government to bail us out - there is no safety net for us. Nor should there be.
The financial experts tell us that Big Government is needed to fix this problem or the public’s confidence will be shaken and some of the largest loan companies will go belly up. Maybe someone should tell the experts that our faith in the economy has been shot for some time and isn’t the huge debt load carried by the average American consumer one of the causes of our current crisis?
If this bailout plan comes to fruition, don’t be surprised when the financially stressed Big-Three auto companies and airlines industry soon line up for more billions in handouts from U.S. taxpayers. But if all of the bailouts fail, then what - a chicken in every pot?
Bottom line: there is no quick-fix solution to our financial problems. Our message to the panicking executives of Merrill Lynch, Lehman Brothers, A.I.G, and Bear Stearns should be the same advice for all of us, “There is no free lunch, baby.”
 
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