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Letters April 23, 2015  RSS feed
Irate at Cuomo over state budget perks
     The 2015 state budget is a travesty for the average New York resident. Governor Cuomo and the Republican-controlled state Senate have eliminated many taxes on the wealthy, including sales taxes on yachts costing over $230,000 and private planes. State Senator Sanders of South Ozone Park remarked that when he tried to find yacht and jet owners in his district, he couldn’t find any.
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Oversight of Federal Reserve long overdue
     The Federal Reserve Bank has controlled our economy since its creation 100 years ago. It has encouraged investment “bubbles” with large expansion of credit and cash. It has caused financial “busts” and ruin by suddenly limiting credit and lessening the cash supply.
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Council budget shortchanges cash-strapped MTA
     It appears that City Council Speaker Melissa Mark-Viverito and Council members have failed to provide any additional funding to the Metropolitan Transportation Authority (MTA) in their proposed new $77 billion municipal budget.
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