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Budget cuts will hit N.D.

March 31, 2013

Niles Eastman, Fargo This letter is in response to the Minot Daily News article “Sequester cuts and the view” (March 26th, 2013)....

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Apr-02-13 9:16 AM

billgrr, I like some of your comebacks.

Who needs other entertainment when there's MDN online comments?


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Apr-01-13 4:30 PM

Taxes might be a low rate, but spending is high. That should be the focus.

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Apr-01-13 4:29 PM

I've said I'm in favor of the sequester cuts. I'm also in favor of cutting more.

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Apr-01-13 4:28 PM

So if your information is correct, billgrr, what is the need for even mentioning the former president's name? Doing that all the time detracts from the current president's accomplishments, doesn't it? Couldn't President Obama's record stand all by its lonesome, without a Bush for a crutch or starting block?

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Apr-01-13 8:03 AM

It is estimated that ninety percent of property taxes that are paid to fund local gov make their way to Wall Street.

The Fed is injecting 85 billion dollars each month into the economy, 1.2 trillion dollars each year.

It should be apparent that the sequestration is designed to cause some pain to feel.

The interest paid on the debt was a total of 454 billion dollars in 2011. In 2012 it was 359 billion. The interest expense paid to bankers loaning money to the US gov because the revenues from taxes fall short is a nice haul.

The interest expense would be zero if there were no debt.

Wall Street banksters would go nuts.

Forget Mark Zuckerberg's measly 400 million, Wall Street is making out like the bandits that they are.

When the amounts spent total 3.9 trillion for the gov to operate and banks receive 3 to 4 hundreds of billions in interest paid, that's where you begin to cut.

You'll hear those pigs squeal until you're deaf.

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