The Monroe Times: Living With Politicians

The following is an article I had published in the “Letters to the Editor” column in our local paper “The Monroe Times” on January 5, 2014 titled “Living With Politicians” and I quote:

“Letter to the editor: Living with politicians”
From LaVern Isely

Monroe

With the start of a new year and with Jeb Bush, former governor of Florida, putting out an exploratory committee if he should run for president and that is, mainly looking for money and I mean millions to run for the job. There’s a good chance that you could have another Bush-Clinton election and if it’s anything like Republican Gov. Walker, who is also considering running for the president’s job. On the Republican side, you’re going to be looking at lower income taxes for the wealthy and probably getting the money from more union-bashing and getting the money from Social Security Trust funds.

If the middle class feels like they’ve been getting squeezed the last few years concerning their job opportunities and decreases in income, there’s no comparison between the 99 percent and the richest 1 percent, particularly the “top 40 American billionaires who own as much as the poorest half of the country,” according to Forbes from an article I read online on the Nation of Change website, written by Paul Buchheit on Dec. 29, titled “Greed Kings of 2014: How They Stole From Us.”

This does seem to be what is taking place.. While these rich billionaires are virtually financing a lot of the candidates running for office, do you think we’re going to see much of a change in benefits for the 99 percent? The big investment banks seemed to have accomplished most of the benefits by lobbying both parties to spend ten times more money than they did before, which is ridiculous.

I doubt there will be any time for the news. It will just be constant ads – why you should give more money for the big corporations and the banks financing them to send jobs abroad, particularly in Asia in the current trade bill known as “fast track,” where our corporations can go for the very cheapest labor they can find. Japan’s minimum wage is similar to ours but China’s would be much lower and Bangladesh would be down to about 28 cents an hour.”

(WITH ALL THIS GREED TAKING PLACE BECAUSE IT CERTAINLY IS, PARTICULARLY SINCE THE FEDERAL RESERVE HAS LOWERED MY CD INTEREST RATES TO ALMOST ZERO, SO THAT THEIR PROFITS CAN INCREASE, REGARDLESS HOWEVER BAD THEY ARE RUNNING THEIR INSTITUTIONS, SUCH AS AN ARTICLE TITLED “FED RULES PUT JPMORGAN CHASE IN THE HOLE” WRITTEN BY TOM BRAITHWAITE AND GINA CHON IN THE FINANCIAL TIMES and I QUOTE:
“JPMorgan Chase faces a $22 billion capital shortfall under tough new Federal Reserve rules, said Tom Braithwaite and Gina Chon in the Financial Times. The Fed is introducing strict capital requirements for major banks in an effort to shield the U.S. economy from the collapse of a big financial institution. The central bank has previously said that the country’s eight biggest banks need to add a $22 billion buffer to their balance sheets, but a Fed official revealed this week that JPMorgan accounts “for the entire shortfall.””
THIS DEFINITELY IS A RACE TO THE BOTTOM FOR US TAXPAYERS.

LaVern Isely, Overtaxed Independent Middle Class Taxpayer and Public Citizen and AARP Members

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About tim074

I'm a retired dairy farmer that was a member of the National Farmer's Organization (NFO). Before going farming, I spent 4 years in the United States Air Force where I saved up enough money to get my down payment to go farming. I also enjoy writing and reading biographies and I write about myself as well as articles and excerpts I find interesting. I'm specifically interested in finances, particularly in the banking industry because if it wasn't for help from my local Community Bank, I never could have started farming which I was successful at. So, I'm real interested in the Small Business Administration and I know they are the ones creating jobs. I have been a member of Common Cause and am now a member of Public Citizen as well as AARP. I have, in the past, written over 150 articles on the Obama Blog (my.barackobama.com) and I'd like to tie these two sites together. I'm also on Twitter, MySpace and Facebook and find these outlets terrifically interesting particularly what many of these people did concerning the uprising in the Arab world. I believe this is a smaller world than we think it is and my goal is to try to bring people together to live in peace because management needs labor like labor needs management. Up to now, that hasn't been so easy to find.
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