From LaVern Isely
Monroe
To the editor:
I was watching Bill Moyers program on PBS Channel 21. He commented on what the coming battle in the fall election is going to be and that's something that I've suspected for quite a few years now. That is the battle between taxing hedge fund dealers, like President Obama wants to do, and the hedge funds and private equity people, who don't want hedge fund managers taxed, even though they make billions a year and pay income tax at a very low rate because of all the tax loopholes.
I've been wearing a purple T-shirt around and my wife has one as well that says "Tax Hedge Fund Dealers!" on it. My shirt on the back says "Derivatives Are Junk!" My wife's says "Stop the Derivatives Bubble." When I was up in Madison in February 2008 with a friend to see Hillary Clinton when she was running for president, my friend and I both got to shake her hand and I was wearing my purple T-shirt. She got up on stage, with 5,000 people there and pointed at me saying "That gentleman is right that's wearing that T-shirt 'Tax Hedge Fund Dealers!' and they should be taxed."
After the meeting finished, I got to talk with her and got her autograph. The next day, she was asked about the T-shirt story down in Ohio by ABC News and that story got all the way down to Australia and New Zealand. President Obama also said he wanted to tax the hedge fund dealers. So while I was promoting Mrs. Clinton for president, who eventually lost, both candidates wanted to tax them.
So, I thought no way could I lose on this issue even though the media didn't want to talk about it and a banker friend of mine told me more than 20 years before, "You know they don't want you to talk about derivatives, don't you?" and I told him I was aware of it because an individual on the radio said that he would talk about derivatives but after consulting with his manager, that they didn't want to talk about that subject and the very next caller said "now there's another subject we can't talk about."
With the coming election, there's no way, if Mitt Romney gets the nomination, that they can cover this issue up any longer because we need the revenue and a fair tax code.
Monroe
To the editor:
I was watching Bill Moyers program on PBS Channel 21. He commented on what the coming battle in the fall election is going to be and that's something that I've suspected for quite a few years now. That is the battle between taxing hedge fund dealers, like President Obama wants to do, and the hedge funds and private equity people, who don't want hedge fund managers taxed, even though they make billions a year and pay income tax at a very low rate because of all the tax loopholes.
I've been wearing a purple T-shirt around and my wife has one as well that says "Tax Hedge Fund Dealers!" on it. My shirt on the back says "Derivatives Are Junk!" My wife's says "Stop the Derivatives Bubble." When I was up in Madison in February 2008 with a friend to see Hillary Clinton when she was running for president, my friend and I both got to shake her hand and I was wearing my purple T-shirt. She got up on stage, with 5,000 people there and pointed at me saying "That gentleman is right that's wearing that T-shirt 'Tax Hedge Fund Dealers!' and they should be taxed."
After the meeting finished, I got to talk with her and got her autograph. The next day, she was asked about the T-shirt story down in Ohio by ABC News and that story got all the way down to Australia and New Zealand. President Obama also said he wanted to tax the hedge fund dealers. So while I was promoting Mrs. Clinton for president, who eventually lost, both candidates wanted to tax them.
So, I thought no way could I lose on this issue even though the media didn't want to talk about it and a banker friend of mine told me more than 20 years before, "You know they don't want you to talk about derivatives, don't you?" and I told him I was aware of it because an individual on the radio said that he would talk about derivatives but after consulting with his manager, that they didn't want to talk about that subject and the very next caller said "now there's another subject we can't talk about."
With the coming election, there's no way, if Mitt Romney gets the nomination, that they can cover this issue up any longer because we need the revenue and a fair tax code.
