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Continued: Readers Write (Sept. 12): Ely mining, creating jobs, mortgage woes, Syria

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  • Last update: September 11, 2013 - 8:28 PM

• Collect the largest paycheck of any employee.

• Expand with a market value that will one day enrich the owner and his family far beyond any regular employee.

• Have numerous personal pleasures disguised as business costs, like company vehicles used for non-business reasons and travel and meals that become “business-related.” People become business owners not just because they like what they do. They also reap the rewards of their hard work with financial success far beyond the average employee. And they should. But please stop whining about success. If it was easy you’d have more competition.

TODD EMBURY, Ramsey

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MORTGAGE WOES

Yes, rates are rising, but consider recent history

I was amused to read the Sept. 11 article about the mortgage industry (“Mortgage executive sees rough road for 2014”). Wow, 4.7 percent interest rates are scaring off potential buyers? Remember when interest rates were double-digit figures?

Rather than comparing regulations and sales to our “irrational exuberance” era, I’d love to see articles about how sales and regulations now compare to the early 2000s, or before people without any income or down payments could buy homes. Making comparisons to a time when anyone could buy a home is not helpful. Nor is the idea that everyone should own a home. Let’s get real.

PAM POMMER, Bloomington

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SYRIA

Threat of U.S. strike prompted Russia to act

Obama administration officials are clearly right in maintaining that the credible use of military force gave birth to the Russian proposal for eliminating Syria’s chemical weapons. Or, as Frederick the Great of Prussia said centuries ago, “Diplomacy without arms is like music without instruments.”

RICHARD VIRDEN, Plymouth

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