Millions of dollars but no sense
How is the American taxpayer supposed to make any sense of what is going on now? We have politicians who spend millions, for the head political office maybe close to a billion, for a job that pays a fraction of a million.
We cannot find anyone intelligent enough to run one of our corporations if they don’t demand millions, some even hundreds of millions.
Now we are led to believe this whole thing that threatens the financial solvency of most major countries was derived from your and my neighbors’ inability to pay their mortgages.
Maybe we have bigger problems than what we realize, since this was brought to us by the supposed best and brightest talent that America has to offer.
Jerry Jackson
Liberty
Stimulate the economy
Here are some ideas for an immediate and long-term economic stimulus.
Short term: Immediately increase the federal gasoline tax by 25 cents a gallon and use the money immediately to put people to work on highway and bridge construction. After paying nearly $4 a gallon for gas this summer, I do not think too many folks would have issue with this plan. It would put people to work immediately.
Long term: Institute a 30-year fixed-rate mortgage with a rate the first 10 years at 4.99 percent, the next 10 years at 5.99 percent and 6.99 percent for the last 10 years without any prepayment penalty.
Ed Casey
Kansas City
