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Opinion Letters

Incorporation (Inc.) is a protection for investors. The English state it plainly, Ltd. or Limited. Investors’ liability is limited to the value of their investments. If the corporation racks up irresponsible debit, acts improperly or illegally, investors cannot be sued, fined or jailed, even if the corporation's actions cause damage or injury.

That is fair. It is the CEO and directors who run the company. But wait; who gives them their marching orders? That would be those very investors saying, “Make as much money for me as you can and as fast as you can, and I don't care how you do it.” Shockingly mercenary but effectively true. A corporation is crippled when investors move their money to better- performing corporations.

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Have you heard the claim made by liberal Democrat partisans that the Republican-controlled legislature’s 2011-2013 budget cut K-12 education spending by over $1 billion?

I spent time locating, analyzing, and comparing state budget data from 2008 through 2013. The data is publicly available on-line at the governor’s Office of State Budget and Management, and the Department of Public Instruction (DPI), which runs the K-12 system.

Keep in mind that beginning in 2009, N.C. was hard hit by a recession. It significantly reduced the state’s tax collections which required the legislature to cut the General Fund Budget (GFB) to balance it. The General Fund pays for: Education, health and human services, justice and public safety, general government, natural and economic resources, and debt service. Everything, except debt service, required cutting.

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I have to respond to a letter I read in last week’s paper regarding Obama not being able to do anything because of the Republicans.

The Democrats controlled both houses of Congress the first two Obama years as President. He promised to cut the deficit in half his first four years and instead added $1 trillion of debt each year. Unemployment was over eight percent for 43 months of his term.

He helped Solyndra, a solar panel company get a $535 million govt. backed loan and the next year they went bankrupt, jobs lost and the American taxpayer stuck with the bill.

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Senator Jim Davis and Art Pope have been running TV and other ads with a common theme, negative ads about John Snow. While Senator Davis has a record, he is running away from it as is the Republican Party on George W. Bush and for the same reason.The record of both is ugly and would be unpopular with the citizens of Western North Carolina.

Senator Davis has slavishly and consistently voted for the agenda of Pope to destroy the Public School System; to implement bills which will benefit large corporations; to saddle the counties with additional expenses and to gerimander the districts of the State.

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