Pharos-Tribune

Opinion

October 13, 2013

PUBLIC FORUM: Letters from Sunday, Oct. 13, 2013

Some new laws to consider passing

In 1999, your interest rates were 5.75 percent on savings accounts. In 2009, it was 0.75 percent. If you had $100,000 in your account, that is a difference of $5,000 that you have lost because the U.S. government just issues more bonds that have a negative effect on your interest rates.

So, in those eight years of that administration, you would have lost $20,000 if the interest rate fell at a steady rate over those eight years. Now, let’s tie this thought to the U.S. government shutdown.

If the debt ceiling is not raised and the bond holders are not paid, the government will have no option but raise interest rates. Now that would be a shame, wouldn’t it?

Next. Since the government shutdown, any and all taxes imposed on the U.S. citizens should not have to be paid. If the government is not paying anyone, they don’t need the money. Right? I like this shutdown even more.

Next. If the government is shut down, then the salaries of those elected officials who caused it should not be paid. Not only don’t pay them but make it a law that even when the shutdown ends, they have no means to get back-pay.

Next. Since some of these elected officials who intend to vote to not raise the debt ceiling in the coming weeks were the same ones who voted many times to allow that very debt ceiling under the previous administration, maybe a law should be passed that anyone that voted on a subject under a previous president that was from their party cannot vote in the opposite just because the present president is not of their party.

Next. Pass a law that if any U.S. elected official votes or approves a war, their children must sign up for military service and will be assigned to the front lines.

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