Seventy percent of America’s economy is based on consumer spending, not the fairy-tale, trickle-down effect of tax cuts for the wealthy.
This month, Congress will be debating extending President Bush’s tax cuts for the wealthy, while unemployment, pay cuts, foreclosures, underwater mortgages and bankruptcies, already at historic highs, increase.
Henry Ford knew to pay his workers enough to buy his cars, but Karl Marx forewarned capitalism will eventually turn on itself. Soon, America will need a Marshall Plan of its own. Not to rebuild from the destruction of enemy bombs, but from the shortsighted greed of our ruling elite.
Time for a US loonie
Referring to the article, “$1 coins fail to cash in on efforts to boost circulation” in the Aug. 30 BDN, there is one easy way to get people to use dollar coins. That is to stop printing dollar bills. Then some people will use the coins and others will prefer to use the 2 dollar bills already in circulation, but the dollar coins would see more use.
Canada does not make dollar bills. Instead they have the 1 dollar coin called the loonie because it shows a loon, and even a 2 dollar coin called the toonie.
Coming white minority
This is not a letter concerning xenophobia, racism, gender or any other phobias most of your readers hear about and read about but some facts.
America’s melting pot has finally boiled over and with this comes the startling fact that the white race will soon be a minority. Nonwhites produce more children than white people. This is a fact. Nonwhites account for most of the new immigrants, professional or not.
A Rice University study concluded that by the year 2023 the children of America will be predominately nonwhite.
Through immigration and intermarriage, the white race is becoming tan and one only has to look at Maine to see how things are progressing.
I’m not judging how America will be when soon the white race becomes the minority, but hope those who become the majority don’t take out a vendetta concerning how our ancestors treated the minorities before us. This, I am sure, will be discussed by politicians for years to come, and we better hope those in charge then are more compassionate than we were.
My only comment on all this is that when compensating for the wrongs that have been committed to other minorities, we start with the Native American.
Frank D. Slason
For our grandkids
Thank you so much for the in-depth history of the Maine State Retirement System provided in the Sept. 2 edition of the BDN. Finally, the truth comes out.
It’s not the teachers’ fault, it’s not state employees’ fault; the reason for the unfunded liability of the retirement system rests entirely with years of legislators’ attitudes of borrow now, pay back later.
Every legislature for years and years has known there is a problem and has done nothing to fix it but keep borrowing instead with no concern for the future of Maine residents, only the budget they are dealing with at the time.
I sure hope that every single Maine resident does what I plan to do, and that is to talk to every candidate who will appear on the ballot in November to make sure that they do not support the borrow now, pay back later theory. It’s bad enough that you, I, our kids and grandkids will be paying for years of mistakes made in Augusta, but it has to stop now so that our great-grandchildren will not be paying for this borrow now, pay back later attitude in Augusta.
I was a patient at the Acadia Hospital’s psychiatric ward when the BDN’s Aug. 24-25 stories on the hospital’s restraint policies were published. On each morning, there was an impassioned discussion, led by two ward staff, over whether to make the paper available to all ward patients, as was usually done.
Apparently, modification plans won, as the paper appeared late and disappeared early both days.
At all times on the Three North ward I have felt as safe as I do in my own home, safer even, in that in case of trouble, additional personnel materialized and were prepared to calm the person down. Every crisis I was aware of was deflated before the person worked himself up to an act endangering himself or others.
I must commend Mr. Profitt and Mr. Morrill on their excellent facility. I was treated as though I were a jewel, cushioned on the pillow of their hospitality.
Harold Victor Moody
Freedom is the word
The multitude of issues swirling about us during this election cycle has the potential to obscure the fundamental one: freedom. Freedom is essential for the continued existence of our republic (meant to be governed by the free consent of free people).
Most public discussions are about the dire economic situation worsened by governmental decisions, about unsupportable debt and taxation.
But the connection of our shrinking bank accounts and paychecks with freedom is often obscured. When the fruits of our labor are dispensed by others who have taken them by force, we’re not free. We have neither the time nor the money to support charities or candidates we choose, or to do something fun.
When regulations strangle businesses and even private lives, we have lost freedom. Releasing criminals without paying a just price for their crimes means we are less free as we hover over children, avoid going out at night, are fearful in big-city parking lots.
The land of the free is protected by the brave, and not just those in uniform. To restore our freedoms we each must be brave, face the mess and do our part.
In Maine, getting off the road to ruin means changing the legislature. Democrats have had decades to be responsible. Let’s give Republicans the authority to make a difference and throw them out if they don’t.