Interesting how Republican Candidates think these days - Response To Borrowing Editor, Times-Union: Don’t let emotion trump fact and logic. In the letter to the editor labeled “Borrowing,” I would like to clear up a few things that the author stated which are not true. Also, give you some insight to the thought-provoking topics that he discussed. Maybe, just maybe, it will open minds to go out and fact find and learn more about what the world is actually doing around them. To start, the dollar is not deflating. Looking at its performance on the index, it increased from 90.06 in December from 88.36 in November. The euro is far from done and it only decreased from 1.21 in December from 1.24 in November. Before I begin my next point I want you to know I am a Republican. Now, let’s look at the federal budget deficit under the current president. Do you know that only 6 percent of Americans understand that our deficit is actually shrinking and they are completely in the dark when it comes to the real numbers and how to apply them? It’s actually been shrinking since 2009. In fact, positive trends show in FY14 alone it fell $430 billion approximate. Now, don’t confuse our federal budget deficit with our national debt. And no, China doesn’t own the majority of our debt. While I don’t have enough words to explain the differences, it’s important to understand our national debt should not be viewed like our household debt, which is how a majority of Americans are viewing it. Just note, as long as GDP hovers around 3-5 percent annually, we are doing just fine. Is $20 trillion really that bad? To put things in perspective, the top five American companies have a combined value of over $14 trillion approximate at the time of this letter. It obviously isn’t that bad since politicians just recklessly pushed through a horrible “over” spending bill, once again putting the American taxpayer on the hook to the financial industry with the last-minute inclusion of a provision reforming the Dodd-Frank Wall Street law, also wasting billions on unnecessary projects for memorials and it allows hiking contributions to parties and candidates so they can buy your vote. Who made that Cromnibus bill possible anyways? Hint: The Congressman that believes TRIA is an important weapon to fight terrorism. The same one who has been a career politician since age 26. With regard to the author’s take on Russian sanctions, we should continue. The Big Bear is more like a little cub who has been spouting off for years. Russia is in the middle of a financial collapse. The Ukraine annex was a last-ditch power move to secure energy, and they can barely buy their oil from Iran because Iran can’t even output or profit unless the price point for a barrel is above $130 USD. You can’t fight a war if you can’t feed or supply your army. Furthermore, our armies have been collaborating and working together deeply in the war on terror for years. Fret not, I don’t see the Magog war approaching us anytime soon considering Putin’s stance on International Islamic ideology. Geopolitically, America is sitting pretty well. The president’s Cuba move couldn’t have come at a better time either. Our Middle East foreign policy is another story. Until we replace reactionary politicians who can’t seem to grasp the concept of destroying an enemy, we will continue to have poor outcomes and failed policy in the region. And until we replace reactionary politicians who say one thing and do another, we will continue to have our constitution manipulated. To answer the author’s question of, “Whoa, where does it all stop?” If its prophesied, why would it stop? Michael Warsaw, via email timesuniononline/main.asp?SectionID=76&SubSectionID=340&ArticleID=88221&TM=43026.3
Posted on: Tue, 30 Dec 2014 17:33:55 +0000
Trending Topics
Recently Viewed Topics
© 2015