From LaVern F. Isely
Monroe
To the editor:
Bill Lueders wrote a real interesting article titled "New Tools Helps Track Assets" in the "Money & Politics" section in the Nov. 29, 2014 issue of The Monroe Times. I would have thought they could have gotten this important information through the Freedom of Information Act and not have to go through the state of California, concerning Wisconsin legislators.
A comment was made and I certainly think that is true about how the legislators accumulated this much wealth, particularly since a couple of them might run for higher office. After reading the article, one wonders how this affected the 2014 election where the Republicans gained control of both houses of Congress. It seems like the Republicans accumulated most of the money, according to this article.
After the first of the year, we're going to find out just exactly who the legislators are going to be working for. The richest billionaire corporations and big investment banks? Or the working class? I hear already, even before the end of the year, that the Republicans are proposing tax breaks for the big corporations with even some help from Democrats. President Obama said if this goes through, he's going to veto it.
I feel corporations are already getting too many tax breaks through those tax loopholes they already have. One of many being General Electric, who pays no income tax and even gets money back from the government. So, while the Republican Party keeps telling the voters we have too many regulations, and it probably seems that way on the small business, the lower class and particularly family farms. It certainly isn't on the big investment banks and corporations who, I don't know how many times I've heard them using offshore tax havens around the world.
Shedding some light on one of the biggest problems, I feel, comes up in a book I'm reading titled "Money and Power: How Goldman Sachs Came to Rule the World" by William D. Cohan and after reading it, we're going to have to have a lot more rules on investment banks, who conduct their business like these shady characters are doing. No wonder our CD rates are down close to zero. The only people really making money are the CEOs like Jamie Dimon of JPMorgan Chase. Hopefully, our candidates running for president in 2016, discuss our bad financial condition and failing infrastructure.
Monroe
To the editor:
Bill Lueders wrote a real interesting article titled "New Tools Helps Track Assets" in the "Money & Politics" section in the Nov. 29, 2014 issue of The Monroe Times. I would have thought they could have gotten this important information through the Freedom of Information Act and not have to go through the state of California, concerning Wisconsin legislators.
A comment was made and I certainly think that is true about how the legislators accumulated this much wealth, particularly since a couple of them might run for higher office. After reading the article, one wonders how this affected the 2014 election where the Republicans gained control of both houses of Congress. It seems like the Republicans accumulated most of the money, according to this article.
After the first of the year, we're going to find out just exactly who the legislators are going to be working for. The richest billionaire corporations and big investment banks? Or the working class? I hear already, even before the end of the year, that the Republicans are proposing tax breaks for the big corporations with even some help from Democrats. President Obama said if this goes through, he's going to veto it.
I feel corporations are already getting too many tax breaks through those tax loopholes they already have. One of many being General Electric, who pays no income tax and even gets money back from the government. So, while the Republican Party keeps telling the voters we have too many regulations, and it probably seems that way on the small business, the lower class and particularly family farms. It certainly isn't on the big investment banks and corporations who, I don't know how many times I've heard them using offshore tax havens around the world.
Shedding some light on one of the biggest problems, I feel, comes up in a book I'm reading titled "Money and Power: How Goldman Sachs Came to Rule the World" by William D. Cohan and after reading it, we're going to have to have a lot more rules on investment banks, who conduct their business like these shady characters are doing. No wonder our CD rates are down close to zero. The only people really making money are the CEOs like Jamie Dimon of JPMorgan Chase. Hopefully, our candidates running for president in 2016, discuss our bad financial condition and failing infrastructure.
