Return or red tape?

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  • louie Cottonwood Heights, UT
    Oct. 19, 2010 8:15 p.m.

    Mr. Peterson are you aware that evidently the most liberal of presidents had to be Ronald Reagan. He tripled the federal debt and after his term the country was faced with the Savings and Loan collapse (in today's money it was about a trillion dollars) and most of that was not paid back. So that which happening is nothing new. We must all be liberals and in fact the Tea Party shows not interest in balancing the budget. So where do we go from here?

  • hatuletoh Sugarhood, UT
    Oct. 19, 2010 4:03 p.m.

    I'd trust Mr. Petersen's proclamations a good deal more if he could point me to where he got some of the figures upon which he bases his opinions. And also if he didn't use 50 cent phrases like "red tape". When your numbers are solid there's no need to make an emotional case.

  • Grover Salt Lake City, UT
    Oct. 19, 2010 1:54 p.m.

    KM seems to think that conservatives channel the founders by wanting to keep every penny and not "turn over" any to the government. Two points: 1. The founders were just like people today in that they were fighting for their own individual interests, but recognized that a government was NEEDED. 2. Read the preamble to the Constitution and try to explain (spin) the words: "to promote the common welfare" as a major reason for forming a government.

  • KM Cedar Hills, UT
    Oct. 19, 2010 8:03 a.m.

    Dearest libs,
    Conservatives know that the government has to be paid for by the taxpayers. Just tell me how much the founding fathers wanted to turn over to the federal government? Did they dream of a day when citizens would pay the lions share of their hard work to a centralized government, so that it could be redistributed for votes and power by the elitist politicians? What country are you from? Venezuela?

  • 42istheanswer Salt Lake City, UT
    Oct. 19, 2010 7:52 a.m.

    Agree 100%. Should have let capitalism work. SHould have left the banks & automakers fail.

  • Esquire Springville, UT
    Oct. 19, 2010 6:52 a.m.

    Look, you are a rabid partisan, so admit it. Obama has made a return for the taxpayers on TARP and auto bailouts (he was, after all, the one who had to administer these Bush programs, made necessary by Republican policies). Os stimulus, it is amazing how many Republicans blatantly asked for the money for their districts because it would be good for their districts, in the letters they wrote, after attacking the program. They are just blatant hypocrites. Maybe next time we should invest the money in districts where the Representative supported the program and not where it was opposed. What do you think, Utah? You have had your hands out for this money.

  • LOL holladay, utah
    Oct. 19, 2010 6:50 a.m.

    Try running the country without a government (paid for by the taxpayer) and see how fast that country will turn into total chaos.

  • Grover Salt Lake City, UT
    Oct. 19, 2010 6:49 a.m.

    The spin zone should be the title of this letter. It is amazing how you can take recent historical facts and turn them into partisan fiction. Both parties signed onto TARP in record numbers (not just Republicans). Only Democrats passed the stimulus which included a healthy dose of tax rebates to individuals and aid to State and local governments. Conveniently omitted from the letter is that only Democrats voted for the bailout of the auto makers and it would now appear that those loans will also be repaid with interest. Wouldn't it be more honest if the letter just said "Hooray for Republicans because they are the answer to all our problems"? Amnesia is alive and well in Utah.

  • Blue Salt Lake City, UT
    Oct. 19, 2010 5:42 a.m.

    "...however, one created a return on his investment and the other red tape on his entitlements."

    Thats a load of simplistic baloney.

    Go to the ProPublica website and use the search term, "Bailout Timeline" for a list of bailouts and paybacks.

  • ECR Burke, VA
    Oct. 19, 2010 5:21 a.m.

    This letter is one big bag of nonsense. I am tired of people claiming the stimulus money was wasted and only helped to build the government bureaucracy. The fact is the 1/3 of the stimulus money went right into the poickets of American taxpayers and samll business owners in the form of tax cuts. The remainder was used to rebuild infrastructure, fund research and development for suatainable energy and turn our federal building inventory into a High Perfoamnce Green inventory. Along the way, because of the tight timeframes mandated by the stimumlus spending, government agencies learned how to bring projects to the marketplace within record time frames and now they will use those same practices to improve the performance of their various agencies for the long run. Add to that the fact that President Obama was every bit as much involved in the distribution of TARP funds which will be repaid as was President Bush and you will see that the letter writer deserves a chance, and he should take the chance, to revise his assertions in this letter.