On NASA and bankers | AspenTimes.com

On NASA and bankers

Dear Editor:

There are two things driving me crazy, politically.

First, NASA’s budget for space explorations, sometimes known as space junk. Also, there is a “trove,” and space-junk engines drop in the Atlantic Ocean near Cape Kennedy. So here’s my plan: Cut NASA by 25 percent. Use the savings for low-income housing. The moon can wait, Mars can wait, but we cannot. Housing in America is more important than “space.” NASA should be cleaning up its mess in space and the ocean. We all were taught that in kindergarten.

Second is the Federal Reserve Board – 14 bankers and maybe a few economists who have more control over the quality of your life than any elected officials. From 2001 to 2005, they raised interest rates 525 percent – ugh!

By the way, I recently heard that economists were created to make soothsayers look good. To me, both are useless. Here’s what is needed: businesspeople who have had to make a Friday payroll and monthly interest payment. Bankers running our country is like putting the fox in the henhouse – ugh!

The Fed should not raise interest rates without congressional approval. A refreshing thought – accountability.

Richard C. Goodwin

Snowmass Village

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