Letter: Bills for overspending are due; sacrifice required


Share
Posted Online: Jan. 16, 2013, 3:04 pm
Comment on this story | Print this story | Email this story
President Obama recently nominated Jack Lew to be secretary of the Treasury. That is wrong, it should be secretary of Debt. With the national debt at $17 trillion, we don't know if there is any money left in the U.S. Treasury.

This president only wants to raise taxes and refuses to show the leadership to cut entitlement programs, which are the real problem. The president's raised taxes will fund the government about eight days. That's a joke, and doesn't come close to addressing the real problem.

Let's face it, Social Security, Medicare and Medicaid have been great, especially to older Americans. However, we can no longer afford them without major changes.

If you have been on Social Security for a while, you have probably taken out many times more than you put in. The same thing for Medicare. The next generation will not enjoy the same benefits we have. We are going broke and our leaders, specially the president, will have to show the guts to admit it, and then do something about it.

As a people, we have always been optimistic about our future, but unless some major changes are made in our spending and debt, the future does not look bright. Everyone is going to have to make sacrifices for reckless spending our government has done in the past.

If this president is allowed to pursue his socialist agenda, with no regard to the massive debt he has put this country in, then there is no hope; we will end up like Europe.

Ron Kopko,
Cordova

















 



Local events heading








  Today is Tuesday, July 29, the 210th day of 2014. There are 155 days left in the year.

1864 -- 150 years ago: Col. H.F. Sickless informs us that there will be new organization of troops in this state under the call for more men.
1889 -- 125 years ago: James Normoyle arrived home after graduating from West Point with honors in the class of 1889. He was to report to Fort Brady, Mich., as second lieutenant in the 23rd Infantry.
1914 -- 100 years ago: Austria Hungary declared war on Serbia. Germany and Austria refused an invitation of Sir Edward Grey to join Great Britain at a mediation conference.
1939 -- 75 years ago: Dr. William Mayo, the last of the three famous Mayo brother surgeons, died at the age of 78.
1964 -- 50 years ago: One of the biggest horse shows of the season was held yesterday at Hillandale Arena on Knoxville Road under the sponsorship of the Illowa Horsemen's Club.
1989 -- 25 years ago: Davenport is like a gigantic carnival this weekend with the Bix Arts Fest taking over 12 square blocks of the downtown area. A festive atmosphere prevailed Friday as thousands of people turned out to sample what the Arts Fest has to offer.








(More History)