Friday, Aug. 5, 2011: A balanced budget, Pat LaMarche and financial instruments

Posted Aug. 04, 2011, at 4:35 p.m.

Do what’s right

I’m wondering if someone understands why Democrats object to a balanced budget. Certainly it makes sense for the government to live the same way its constituents do. Are they just going to keep borrowing until no one wants to lend us any more money, or do they have a plan at all?

If I went to the bank with a track record like our government’s, they’d laugh at me. I think it’s time that politicians serve one 6-year term and be done. No more worrying about re-election. Just do what’s right then go home. And every person should have two votes. If your first pick doesn’t make it your vote would go for your second choice. No more worrying about “wasting” your vote.

Bill Belanger

Caribou

Get priorities straight

It seems to me that people need to get their priorities in order. They get all spastic if someone smokes a cigarette in the park or within 300 feet of them, yet they see nothing wrong with people letting their dog do their business in the parks and not clean up after them or in a cemetery on peoples’ graves.

Another area where priorities should be worked on is the LePage administration. When Paul LePage ran for governor, he said that he was going to be the “Jobs in Chief.” Yet, when he isn’t busy making Maine look bad to the world with silly remarks about women growing beards, he spends his time making it harder to vote, putting more restrictions on women’s right to choose or limiting the rights of people in unions.

I am hoping that his election was a sad mistake that will be fixed in the next election cycle. After all, 38 percent of the vote is hardly a mandate.

Gregory Boober Sr.

Eddington

McCarthyism-Websterism

Can a parallel be drawn between McCarthyism and Websterism?

C. Louis Bernardini

Calais

Pat LaMarche an ally

I would like to note my respect for Pat LaMarche: The decorum and humor with which she entered into the uneven terrain of social controversy may serve as a model for her fellow columnists of whatever stripe. I especially appreciate her courage in seeking the populist, workerly, poverty-spun threads woven into the current governor’s cloak. Indeed, she did provide a voice for the voiceless — by definition, a thankless job.

Her last column, “A Grateful Farewell” (July 27, 2011 BDN), contained, for example, a beautiful statement of heartfelt love for our veterans and derogation of “our” politicians who so wantonly squander their many sacrifices.

Ms. LaMarche has been an ally and guide for me in my efforts to maintain humility and an even temper as, word by word, we forge an image of the world of enlightenment for which we all yearn. May the void she leaves be well filled.

David Putnam

Brooklin

Reason for national park

I just finished reading Bob Croce’s letter to the editor “Just do it Roxanne” in the July 30-31 newspaper.

It makes too much sense, Mr. Croce, so she will never do it.

But a thought keeps occurring to me when I read about her and her desire for a national park in the BDN.

Has anyone thought of this before: The reason she wants to make this great donation (for us?) could be that she would get a very big deduction against her income. This would not be possible if she has “Quimby Maine Woods Park.”

My income is not enough to use the “deduction” line on the IRS form every year, but I am sure it is still there. Ms. Quimby’s deduction for a national park and the $40 million for its upkeep will keep her and her heirs free from paying taxes for a long time to come. I do not know what her income is, but it must be substantial for donations of this kind.

We need a good tax-informed CPA to give us an answer.

Rella Bezanilla

Madawaska

For the love of money…

In his OpEd “Why is the middle class being bamboozled?” (July 29, 2011 BDN), Courtland Milloy wants to know what’s wrong with our economy. Here is what’s happening and why:

The general welfare principle isn’t being applied and hasn’t been for at least 35-40 years. Basic economic physical infrastructure needed to support a healthy population has been in decline due to a new financial system designed to raid the wealth of middle-class citizens. Speculative derivatives, hedge funds and junk bonds are essentially bets made by financiers on the potential value of stocks. The ruling principle is: “For the love of money is the root of all evil” (1 Timothy 6:10).

Yes, Mr. Milloy, we have British Empire oligarchs in charge of America’s money. Banking deregulation by Congress in the 80’s contributed to this corrupt and broken system.

The only solution is emergency financial reorganization under Chapter 11 bankruptcy laws, Alexander Hamilton wrote.

Sad to say, the majority of our $14.3 trillion debt is made up of fictitious derivatives which is really a criminal enterprise to destroy this country and hand her over to the coming global dictator. We must return to the Bretton Woods system we had beginning with Franklin D. Roosevelt.

Elmer G. Morin

Limestone

Waterfront Concert

We live within a block of downtown and have learned to put up with the noise of traffic and sirens. We can usually hear the music from the concerts at the waterfront and the music may not be to our taste, but we have come to accept it. Sunday was completely different.

The volume was much louder than usual and the profanity was disgusting. We could not sit on our porch for supper as we usually do during our short summers here in Maine. As a property taxpayer for over 30 years, I feel that my rights were being totally ignored.

These types of “concerts” should be put on in a closed environment where people who do not pay and do not want to hear them don’t have to hear them.

I could not even write some of the profanity in this letter because the BDN has restrictions preventing me from doing that. Shouldn’t there be some restrictions and control for these concerts?

What type of image does this project for people visiting our beautiful city?

Ronald Hoelzer

Bangor

http://bangordailynews.com/2011/08/04/opinion/letters/friday-aug-5-2011-a-balanced-budget-pat-lamarche-and-financial-instruments/ printed on September 22, 2014