To the Editor:
Our United States is in the midst of an economic implosion that could make our Great Depression look like child’s play.
We may soon disintegrate enough to reveal our third-worldly rotting core where corporate and billionaire power and greed have replaced “democratic” infrastructure and governance.
Our once-enlightened political and economic systems have been manipulated to ensure the success of only a fraction (1 percent) of our population at the expense of everyone else.
Remember playing Monopoly? Strategy: scoop up Park Place, Boardwalk, NC Avenue, Pacific Avenue, both utilities, all four railroads, and a few other properties. GAME OVER
The other players (once middle-class property owners) will eventually go bankrupt, being forced to pay higher costs for rent, services, utilities, and transportation. Finally, monopolists will have all the money and everyone else is left out in the cold.
Suppose the game doesn’t end there. The (once-upon-a-time but now broke) middle class keeps rolling the dice around the board using credit cards or other lines of credit to stay in the game.
The monopolists will find it collectively difficult to collect enough income from increasingly impoverished Americans who can’t afford to pay rent, mortgages, utilities, etc. The monopolists won’t be able to sustain their opulently arrogant lifestyles.
This is how real-world economics suffers when economies are deprived of their buying-crazy middle class. Today’s global inequalities of wealth are a reflection of Monopoly’s corrupting strategy.
How can we patriotically and morally correct this ecodilemma? Retry progressive taxation. Some of you may remember when FDR hiked the top income tax rate to 90 percent.
While in effect (30 years) the bottom 20 percent saw a 116 percent income growth. The middle 20 percent saw a 117 percent increase and the top 5 percent saw an 85 percent increase.
All income classes shared in the prosperity when the top rate was above 70 percent. Center for American Progress studies show that when the top marginal rate is above 50 percent, economies prosper.
With more revenue coming into our government thanks to progressive taxation, citizens could be adequately protected (from gross corruption(s) by a Christian-like safety net.
Minimum wage doubling would boom this economy as a way to shrink wealth’s inequalities and embrace the moral motive over the profit motive if the correct reforms are financed and the moral choices made we can avert disaster and make our nation whole again by creating millions of infrastructure jobs.
And, raising the minimum wage has not been shown to cost jobs.
And, the Pope said trickle-down is a myth.
To the Editor:
We’re certain that Donald Rumsfeld, who served as Secretary of Defense under Presidents Gerald Ford and George W. Bush, echoes what many Americans feel about the complexity of filing income tax returns.
When he filed his return, Rumsfeld sent the following letter to the Internal Revenue Service:
The first step
If all goes as planned, Frostburg State University will one day offer a doctorate in nursing, a physician’s assistant program and a new health sciences building on campus.
Where to look
Drive anywhere in Maryland and it seems there is one highway construction project after another. While it is good to see our roads and bridges being upgraded, it can be nerve-wracking for anyone traveling a long distance.
Public libraries remain one of the best uses of taxpayer dollars. They are open to all. Young or old, poor or wealthy, residents can use computers and read current magazines and newspapers. Compact discs featuring a wide variety of music and
movies on DVD may be checked out in addition to novels and other books.
Legislation that increases hunting oppportunities on Sundays in Garrett, Allegany and Washington counties has passed the Maryland General Assembly and reached the governor’s desk.
One cannot compromise on God’s word
A recent letter asked, “What is it about compromises that seem so undesirable?” Most of us are familiar with John 3:16, which says, “For God so loved the world that he gave his only son, that whoever believes in him should not perish but have eternal life.” The next verse goes on to say, “For God did not send his son into the world to condemn the world, but in order that the world might be saved through him”
Ballpark project a partnership, not a government handout
To the Editor:
Regarding Mark Nelson’s recent objection to county government assistance to exploring the placement of a minor league baseball team in the Cumberland region, I would answer that the project should be considered a partnership between private enterprise and government. The private support would come by way of donations collected from local citizens, currently banked through the Dapper Dan Club.
- Editorial Cartoon
Decriminalizing marijuana lines pockets of drug cartel
Has the Maryland government decided they like contributing to the drug cartel? Their new decriminalization of marijuana does nothing but line the pockets of the cartel.
We’ve never been big fans of speed cameras, primarily for two reasons. First, because the cameras are not always accurate, and secondly because many jurisdictions seem to create revenue by installing cameras and issuing high numbers of speeding tickets.
- More Editorials Headlines
- We concur