Show off your holiday lights and you could win an iPad! Enter your photo by December 13. Winner will be selected by popular vote.
Thursday, May 9, 2013
McNamara has a record of sound leadership
Rarely are there such pronounced differences between two candidates in a Republican primary.
RoxAnne Christley is a rash political activist who has never held public office (“Windsor Hills hopefuls differ on debt approach,” May 5 news story). Joe McNamara is a businessman who has held public office.
I watched McNamara when he was in office, and he provided a reasoned approach for the problems facing our county. It was unfortunate for McNamara to be replaced on the Roanoke County Board of Supervisors by a supervisor who storms out of meetings when he doesn’t get his way.
I encourage all to vote their conscience.
Get the real skinny about economics
The April 29 editorial (“Classify economics as a foreign language”) discusses a lack of knowledge on the part of the students of the region in the area of economic definitions and ideas.
In regard to credit cards, the main thing to learn is: Don’t ever use them. The risk is too high.
Even if you are a responsible borrower, adverse economic events will overwhelm you and you will spend time in a situation worse than a debtor’s prison. Have you ever seen a graph of an exponential growth path compounded daily at an annual rate of 6 percent, 8 percent, 10 percent or 20 percent?
You won’t even need a new language. Use your time instead to learn how gross national product is created and gross national income is earned. Learn about the real impacts of federal government surpluses and deficits.
Get on the Internet and search for “social accounting.” Don’t worry, it has nothing to do with socialism.
Finally, if you are serious about being an informed citizen, read Edward R. Tufte’s 1978 book, “Political Control of the Economy,” in which you will learn that all politicians are Keynesians, they just lie about it. So what’s new?
JAMES P. SAVAGE III
Weather JournalEarly mix, then ice storm Sunday