The Press-Dispatch
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The Press-Dispatch H Dangerous dead end Court report Continued from page 2 as much as 84 percent. To consumers, this may sound great. But the banks, not surprisingly, weren't about to shrug off the loss of billions of dollars a year. So some banks are now charging fees for debit-card use. Others no longer offer free or low-cost checking accounts. In the end, who winds up in the crosshairs of this bogus, big-govern- ment solution? Not the big banks. Consumers. Perhaps the biggest fail- on the federal government to keep them alive with billions in taxpayer money. Fannie and Freddie have always imposed risks on tax- payers and the financial sys- tem. It's time for genuine, effective financial reform. They should be phased out, with their remaining assets broken up (if they can stand on their own) or sold off (to private banks and investors). As for Dodd-Frank, it's ing, when it comes to Dodd- Frank, is something that lawmakers didn't do. In their zeal to persecute Wall Street, they overlooked two of the biggest players in the crash of 2008: Fannie Mae and Freddie Mac. Before the housing collapse, these two "government sponsored enterprises" controlled as much as half of the nation's residential mortgage market. Since then, both companies have gone bankrupt, and rely time for repeal. Financial industry expert David John calls it "trash compacter leg- islation filled with heavy- handed, counterproductive provisions, many of which had only a loose connection to the problems raised by the financial crisis." There's no fixing it. If we want "safer and more modern rules of the road for the financial industry," in Geithner's words, we need to recognize Dodd-Frank as a dangerous dead end. Ed Feulner is president H Obama's rhetoric Continued from page 2 ing with some group that oth- ers envy or resent—Jews in Nazi Germany, capitalists in the Soviet Union, foreign in- vestors in Third World coun- tries that confiscate their in- vestments and call this theft "nationalization." Freedom is seldom de- take more of their money and freedom. When businesses hire stroyed all at once. More of- ten it is eroded, bit by bit, un- til it is gone. This can happen so gradually that there is no sudden change that would alert people to the danger. By the time everybody realizes what has happened, it can be too late, because their free- dom is gone. All the high-flown talk about how people who are successful in business should "give back" to the community that created the things that facilitated their success is, again, something that sounds plausible to peo- ple who do not stop and think through what is being said. After years of dumbed-down education, that apparently in- cludes a lot of people. Take Obama's example of the business that bene- fits from being able to ship their products on roads that the government built. How does that create a need to "give back"? Did the taxpayers, includ- ing business taxpayers, not pay for that road when it was built? Why should they have to pay for it twice? What about the workers highly educated people, such as chemists or engi- neers, competition in the la- bor market forces them to pay higher salaries for peo- ple with longer years of valu- able education. That educa- tion is not a government gift to the employers. It is paid for while it is being created in schools and universities, and it is paid for in higher salaries when highly educat- ed people are hired. One of the tricks of pro- with count I, attempted vol- untary manslaughter, a class A felony; count II, criminal recklessness, firing gun in- to inhabited vehicle, a class C felony; and domestic bat- tery, a class A misdemeanor. Dennis D. Sipes charged Tammy R. Kuhn charged Criminal Docket Pike Circuit Court tion transfer from Daviess County. Jack D. Riddle petitions for charged with possession of meth, a class D felony. Misdemeanor Docket Pike Circuit Court with theft, a class D felony. April D. Hartley charged with count I neglect of a de- pendent, bodily injury, a class C felony; three counts of neglect of a dependent, a class D felony and habitual offender. Kyle D. Hartley charged with neglect of a dependent, a class D felony; and habitu- al offender. Willie L. Montgomery of The Heritage Foundation (www.heritage.org). charged with sex offender, failure to register, a class D felony. Kristina D. McClellan pe- titions for intrastate proba- attached. IN Receivables Inc. As- intrastate probation, transfer from Bartholomew County. Nicholas L. Mattingly signee of Cash Call sues Hol- ly P. May on complaint for damages. LVNV Funding LLC sues charged with count I, crimi- nal mischief, a class B misde- meanor; and count II, public intoxication, a class B mis- demeanor. Ronnie M. McCrary in- Robert E. Altmeyer, Jr. Michael G. Ohstrom for dis- solution of marriage. Small Claims dicted for leaving the scene of a personal injury accident, a class A misdemeanor. Civil Docket Matthew N. Mattingly on complaint Vanderbilt Mortgage and Asset Acceptance sues Pike Circuit Court Finance sues Branden J. Wal- burn on complaint for fore- closure with FDCPA notice es sues Samantha K. Bene- fiel for complaint on account plus costs. Allied Collection Servic- Allied Collection Servic- Pike Circuit Court Paul Poselwait on complaint. Gretchen E. Ohstrom sues Wednesday, July 25, 2012 C-3 complaint on account plus costs. Allied Collection Servic- es sues Lonnie W. Higgins, Jr. for complaint on account plus costs. Allied Collection Services sues Schuyler L. Hume for complaint on account plus costs. Allied Collection Servic- es sues Goloria D. Keith for complaint on account plus costs. Allied Collection Services es sues Carl and Thelma Brawdy for complaint on ac- count plus costs. Allied Collection Services sues Walter Decker for com- plaint on account plus costs. Allied Collection Servic- es sues Alethea Dedrick for complaint on account plus costs. Allied Collection Services sues Tammie Guzman for sues Dalen P. Krieg for com- plaint on account plus costs. Allied Collection Services sues Julie Mokris for com- plaint on account plus costs. Allied Collection Servic- es sues Samantha J. McCol- lum for complaint on account plus costs. Allied Collection Services sues Lindsay Willis for com- plaint on account plus costs. H Points to ponder—by Ford Bond iprocity. Sex can morph in- to darkness that can envelop the psyche and soul to where there is no bottom, or way out of the desire for a more intense experience. Remem- ber Alfred Kinsey? Cosmopolitan women are Continued from page 2 the wreckage, offspring, and afterbirth of the militant fem- inist movement. Women are told "be yourself" which re- quires that they repress (un- successfully) the drive to find a husband and to have a family and children. That is the way God created all things. Likewise, men can- not abdicate their place as the monogamous provider and protector of his wife and children. Without argument, sex is a physical/biological func- tion that is hardwired into the genders. However, it be- comes meaningful when the couple is committed to an ex- clusive intimate partnership. Casual sex, hook-ups, and one-night stands dehuman- ize the individual by short- circuiting the emotional and spiritual nature of inti- macy. The result of radical feminism has redefined in- dividuality and sex. The de- mand from our culture is to define ourselves as an ani- mal among animals without souls or connection to God. riage, the family, and sexu- ality within the couple's re- lationship. The proof lies in what the writer of the Book of Hebrews told the Church: "Marriage should be hon- ored by all, and the marriage bed kept pure, for God will judge the adulterer and all the sexually immoral." What more needs to be said? Think about it! God has blessed mar- fessional magicians is to distract the audience's at- tention from what they are doing while they are creat- ing an illusion of magic. Pi- ous talk about "giving back" distracts our attention from the cold fact that politicians are taking away more and more of our money and our freedom. Even the envy that poli- that businesses hire, whose education is usually creat- ed in government-financed schools? The government doesn't have any wealth of its own, except what it takes from taxpayers, wheth- er individuals or business- es. They have already paid for that education. It is not a gift that they have to "give back" by letting politicians ticians stir up against "the rich" is highly focussed on those particular high in- come-earners whose deci- sions the politicians want to take over. Others in sports or entertainment can make far more money than the highest paid corporate ex- ecutive, but there is no way that politicians can take over the roles of Roger Federer or Oprah Winfrey, so high- ly paid sports stars or enter- tainers are never accused of "greed." If we are so easily distract- ENGINE running Get your SEARCH ed by self-serving political rhetoric, we are not only go- ing to see our money, but our freedom, increasingly taken away from us by slick-talk- ing politicians, including our current slick-talker-in-chief in the White House. Letter to the editor To the Editor: The article appearing in last weeks paper only hint- ed at the massive deficit in School Corporation funding in Pike County. At the end of school in ceiving the budget from the Superintendent. The School Board re- May, 2012, the shortfall in funding was approximate- ly double what the cuts that have already been identified will address. How did we get at this level, given that all was painted as rosy as re- cently as last winter? The events that caused the shortfall in funding can be laid at the feet of the pres- ent school board members. Their willingness to approve the budget, with little or no change with that budget set the stage for massive deficits. The Superintendent pre- ceives the budget, hopeful- ly reviews it, and approves that budget. Its not rocket science, expenses should not exceed income, just like our budgets at home. If ex- penses exceed income, you get the result the School Cor- poration faces. Little doubt maintenance Search current and back issues with just a few clicks at pares the budget for the School Corporation, and in turn presents it to the School Board for approval. Hopeful- ly the budget prepared for presentation accurately re- flects the input from the Treasurer of the School Cor- poration. The Treasurer af- ter all does provide the guid- ance for the budget prepa- ration. I have no doubt that fiscal data available during bud- get preparation is accurate based upon income and pro- jected expenses as provided by the Superintendent. What is open to question is wheth- er the Superintendents bud- get accurately reflects the actual data provided by the Treasurer. That is what the School Boards job is upon re- operations will get curtailed. The roof at Pike Central is facing maintenance issues and unlikely to be repaired as needed. Pike County School Corporation operates with a minimum of mainte- nance personnel, with one of the lowest personnel densi- ties given the overall main- tenance challenge. Cuts here will create bigger issues in the future. However deferred maintenance is very likely. The fact that the budget was accepted as presented, and the shortfall of operat- ing monies as a result, does not paint a cheerful picture for the School Corporation. The new Superintendent certainly faces challenges. Failure of the School Board to fully address their respon- sibilities on budget review is in itself enough to lay the ground work for challenges. Budget review at all lev- els of Government is a crit- ical action. An appointed or elected official must be a good steward of the public dollars. The public expects no less. Charles E. Barr net pressdispatch.net/edition edition