Letters We cannot afford war
To the editor:
Our president, Lord help him, has more responsibility than should fall the lot of an ordinary mortal.
But he is headed for serious trouble by accepting his advisors' views uncritically.
Therefore, so is the nation. For example, common "wisdom" would say to do whatever needs to be done to insure the production of ample oil � hang the cost! But: Billions of dollars budget deficit? 1) We could buy Iraqi oil. 2) Maybe we could buy Iraq! 3) We could develop alternative fuel.
The common "wisdom" (after we have been brainwashed by the professional "economists") says that deficits are okay so long as the federal government � which is big � is the debtor. This is pure stupid nonsense:
In 1984, a Time editorial said the U.S. paid out all the money the IRS collected east of the Mississippi River as interest on the national debt.
In 1988, all the IRS collected between the East Coast and the Rocky Mountains.
Think what we could have done with that much money had we been out of debt!
The common "wisdom" (derived from the all-powerful mega-rich class propaganda) says that all we have to do to reap profits for everybody is to cut taxes for the rich who will then, in their benevolence, jump-start, then accelerate the economy to its maximum rate thereby permitting some of the by-products of such an active market to trickle down to the proletariat.
The fact is that, even though the faster the dollars circulate, the easier for anyone to get a hold of $1, the faster the circulation, the faster one has to spend.
In other words: an overabundance of money is the cause of inflation. The dollars become less and less valuable. They buy less.
The federal government has long (since FDR) maintained an artificial support of the economy, but billions in deficit, indeed, cannot go on indefinitely!
My great-grandchildren will suffer to repay the enormous, ridiculous national debt � assuming the nation can last that long.
We cannot afford this war.
We cannot afford this obsolete military establishment.
Nor this stupid, self-indulgent dependence upon fossil fuels.
A nice peek into the past
To the editor:
An April 14, 1932 the Plain Talk made interesting reading on a snowy day � especially the advertisements for goods and services. A grocery ad for "Vermillion Mercantile Co." reads as follows: eggs, 10 cents a dozen; dried beef 23 cents � half pound; ground beef 2 pounds, 21 cents; pork roast, 10 cents per pound; beef boil, 7 1/2 cents per pound; beef roast, 11 cents per pound; sugar, 10 pounds 49 cents; coffee, 2 pounds, 35 cents; no. 10 can of cherries, 42 cents.
Some front page headlines are: "Voters will Decide upon Tank (water) Project; Heavy Vote Anticipated in City Election" (P.S. Cavanaugh and Dr. Veers � incumbent).
There are local columns of folksy news from Bloomingdale, Spirit Mound, Meckling, Norway, Greenfield and Star Prairie.
A society section contained news of about 40 clubs. And for 35 cents, adults could see a movie at the March Theater � 10 cents for children.
What a nice "Peek into the Past."
Bertha O. Johnson