NLIC.org

Hazel Said:

do you really think 700 billion can stop this ? if you dont like reading dont answer?

We Answered:

First off the reason ALL these problems arose is basically simple; corruption and greed. Corruption is money – the next line here in quotes was from an article I read yesterday on a proposal to fix this huge economy mess - “the priorities of the vast majority of the American people” (he was stating the people must come first): in this sense it is all well and good, but the vast majority always has to have a leader and the leaders are always those with the money (power) and control. You're not just looking at people losing money many are losing all three; with their money goes their power and control. They will fight this ‘change of life’ cycle and a few will commit suicide.


The corrupt are not just at the top, it goes right down to the salesman selling you the loan and the credit cards. How many credit card applications do you get a day in the mail, and on the internet? Right by the local VA here is a city finance office, when a few older veterans had to enter the nursing home; their home was then owned by city for a small amount still owed on a small loan the veteran took out of necessity to survive. The last loan they got me for, their salesman was 24 and my daughter was 15. Several times he asked if I would object to him “seeing” her. The corruption and greed is at the very top and the very bottom of the barrel.

Your number 6 detail stating the how the state’s financial budget short fall will come first is a very interesting one. Look at Pennsylvania we have the worst highways in the whole nation and no funds to fix them, our governor wants to lease them to Citi and a Spanish owned company – which by the way would add even more illegal’s to our very small inadequate, outdated sewer system, and their families would over crowd our schools even more and unemployment would climb over the now 6% rate.


A few years ago the permits where granted and Mohegan Sun was allowed to build their second-largest casino on to our race track. The casinos taxes are higher than in any other state, and as the residents here we were promised hundreds of dollars of savings in our taxes, and improvements to our schools and towns. This year the relief was seen with a $135 tax credit that did not even match the increase in my school taxes. Very recently it has been discovered much of the state revenue from this casino is MIA... Even more local is our small county just paid $9 million to have our property taxes reassessed. We have a very high population of people over 65 on Social Security who are looking at having to pay an 110% increase in property taxes, along with the rest of the population in the US which rely on the yearly COLA increase (ex. disabled veterans, postal workers etc). Add to that the cap comes off the electric company rate hikes in 2009 (after the COLA rate is determined) and a small home without electric heat will rise $71.50 a month. Don't forget the normal increases and tax and surcharges for phone services , cable or satellite TV, food and medical and gasoline will also increase. The middle class must not be charged in the bail out of the corrupt and greedy who never had to worry how they would heat their home or decide if they should buy medication or food. And while they are solving this big economic crisis for Wall Street how about solving the ones the middle class has been living, instead of making us pay for their mistakes because we have no more money to pay out! A good start would be a 2009 8.5% COLA rate increase, and deportation of the 20 million illegal’s driving up our school taxes, unemployment and early retirement rates.