Kokomo Tribune; Kokomo, Indiana

Letters

October 12, 2012

Letters to the Editor: Oct. 12, 2012

Mourdock criticism based on bad info

In a recent letter to the editor, a writer scolds state Treasurer and Senate candidate Richard Mourdock for purchasing Chrysler bonds with state funds in an effort “to make a quick killing.” The letter writer goes on to reprimand Mourdock for “playing ‘Bond Market Speculator’” before chiding, “Isn’t the expected standard for government treasurers that they make only safe investments protecting our tax dollars?” What nonsense.

The letter writer’s main problem is that his entire argument hinges upon the interpretation of Mourdock’s actions offered by the Kokomo Tribune’s perilously liberal “Public Eye” column – a weekly feature that allows space for Scott Smith and Ken de la Bastide to regularly shill for Democratic candidates and causes. It was Smith and de la Bastide who used the phrase “make a quick killing,” not Mourdock. In other words, the credibility of the entire rant is contingent upon the accuracy of the Public Eye. Talk about thin ice.

If the letter writer is really wanting to offer a meaningful critique and explain to the people of Howard County why he thinks investing in Chrysler and its workers was such a foolish and ignorant proposition, he should set aside left-wing political columns and consider that Indiana’s portfolio managers all felt at the time the Chrysler investment was a safe one. In fact, as it turned out, the only thing that imperiled the investment was the Obama administration’s decision to abandon 200 years of debtor law, illegally repaying unsecured creditors (like his union buddies in the UAW) before secured creditors (like the Indiana investments). And the letter writer might note such cronyism had the full-throated endorsement from Mourdock’s Senate opponent, Joe Donnelly.

Though the letter writer impugns Mr. Mourdock’s decision making, the real scrutiny should be focused on Mr. Donnelly’s shameful opportunism. Do we really want a senator who so willingly subverts the rule of law when he sees a political benefit in doing so?

Peter Heck, Kokomo

Text Only | Photo Reprints
Letters
  • LETTERS: Parents taking fun out of youth sports Parents taking fun out of youth sports I enjoyed reading the article, "Nation's youth sports leagues on troubling decline," by Bill Stanczykiewicz, CEO of the Indiana Youth Institute, and the last paragraph, a quote by Dr. Bill Dexter, president of t

    July 28, 2014

  • LETTERS: Putting economics before responsibility Veterans, retirees need tax deductionsAre you receiving either an Indiana property tax Veterans Disability Deduction or an Over 65 Deduction? I was, however, this year I learned otherwise. My property taxes payable this year, as compared to the prope

    July 27, 2014

  • LETTERS: Mast homestead celebrates 150 years Mast homestead celebrates 150 yearsThe two-story frame, Pennsylvania-Dutch style house on the Larry and Barbara Hensler farm 2 miles west of Plevna is 150 years old this year. In fact it may even be a little older than that. Lloyd Hensler used to say

    July 25, 2014

  • LETTERS: Christians must stand with Israel 'As Christians we must stand with life' The present conflict in Israel is with Hamas, recognized even in Egypt as a terrorist organization. Recently Hamas formed a unity government with the Palestinian Authority in Gaza. They're now the government in

    July 24, 2014

  • LETTERS: Let's hope 7th Circuit sides with couples Let’s hope 7th Circuit sides with couplesIf you blinked over the past month, you probably missed some news about marriage equality in Indiana.First, a federal court ruled that the state’s ban on marriage for same-sex couples was unconstitutional, whi

    July 23, 2014

  • LETTERS: Trust chemical, seed firms and the FDA? Trust chemical, seed firms and the FDA?Let’s see ... Mr. Don Villwock, Indiana Farm Bureau president, wants the FDA to define what genetically engineered foods are, and then he wants it to be optional or voluntary for food companies to tell consumers

    July 22, 2014

  • LETTERS: Show support where you spend money Show support where you spend moneyReinvest in your community. It is something you hear often, but what does it mean and how do you effectively do it?Thankfully, there are people in our community who can give six-figure donations to projects like the

    July 21, 2014

  • LETTER: Highway plan short on alternatives Highway plan short on alternativesAs reported Monday, the usual business interests have once again trotted out their usual list of highway projects they want built. Maybe it is time for us to ask for more efficient use of our existing highways and st

    July 20, 2014

  • LETTERS: GMO letter writer gets it wrong GMO letter writer gets it all wrong Indiana Farm Bureau applauds Rep. Todd Rokita for co-sponsoring HR4432, the Safe and Accurate Food Labeling Act. A letter in the July 10 issue of the Kokomo Tribune criticized HR4432 and Rep. Rokita, implying that

    July 18, 2014

  • LETTERS: 'God's justice system' needs to be adopted 'God's justice system' needs to be adopted We don't have a justice system. It is just a system. With all the shootings and murders in the news, especially in the last couple of weeks, I have not heard one lawmaker or politician suggest the swift and

    July 13, 2014

Latest news
Featured Ads
Only on our website
AP Video
Traditional African Dishes Teach Healthy Eating The Carbon Trap: US Exports Global Warming 13 Struck by Lightning on Calif. Beach Baseball Hall of Famers Inducted Israel, Hamas Trade Fire Despite Truce in Gaza Italy's Nibali Set to Win First Tour De France Raw: Shipwrecked Concordia Completes Last Voyage Raw: Sea Turtle Hatchlings Emerge From Nest Raw: Massive Dust Storm Covers Phoenix 12-hour Cease-fire in Gaza Fighting Begins Raw: Bolivian Dancers Attempt to Break Record Raw: Israel, Palestine Supporters Rally in US Raw: Air Algerie Flight 5017 Wreckage Virginia Governor Tours Tornado Aftermath Judge Faces Heat Over Offer to Help Migrant Kids Kangaroo Goes Missing in Oklahoma More M17 Bodies Return, Sanctions on Russia Grow Raw: Deadly Tornado Hits Virginia Campground Ohio State Marching Band Chief Fired After Probe Raw: Big Rig Stuck in Illinois Swamp
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Obituaries
Poll
Kelly Lafferty's video on Tom Miller