WINNERS AND LOSERS
The small matter of paying for the stimulus
Last Sunday the Star Tribune had a one-page analysis regarding "The stimulus plan: Who gets what."
Assuming money doesn't grow on trees, will the paper also be publishing an analysis of "The stimulus plan: Who pays what, when, how?"
DOUG DAGGETT, MINNEAPOLIS
TAXPAYER RISK, REWARD
No more freebies
for Wall Street
No more giveaways for Wall Street at taxpayers' expense. If banks made bad investments, then shareholders and executives need to face the consequences before any taxpayer money is put on the line.
Experts agree on the key principles. Prominent economists, including Paul Krugman and Joseph Stiglitz (both winners of the Nobel Prize), Nouriel Roubini, Dean Baker and Jeffrey Sachs, all agree that the government must get a fair bargain for any money it invests in the banks, even if that means temporarily taking over insolvent banks. Even conservative Sen. Lindsey Graham, R-S.C., admitted this.
If taxpayers' money is being risked, then taxpayers should get any potential profits. If taxpayers are going to risk their money to help banks get back on their feet, then we should get equity just like other shareholders, and we should get the reward once they're back to profitability.
LES STERN, OAKDALE
THE SHOW WENT ON
Silencing Israeli artists would have been absurd
I thank the University of Minnesota for not succumbing to protesters' demands for a cancellation of the performance by Batsheva, an Israeli dance group. Indeed, as Ben Johnson of Northrop said: "It's one of the most important dance companies in the world."