Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery. — Charles Dickens
We hear the stories again and again. Parents spend their entire adult lives preparing their children for adulthood. We shepherd them to rewarding careers and impart valuable knowledge about how to best manage money only to see these same young people get into financial trouble. The truth is that the lessons on spending and saving are always the most difficult to teach. In particular, too many young people get into trouble with credit. It’s bad enough that they start with mountains of student debt, but it’s worse that banks offer them credit lines that they are neither ready for nor can repay. Let’s face it, credit separates you from the reality of your financial situation. It lets you kick that can of debt down the road and that’s when problems start.
Remy International is closing the Bay Shore auto parts plant it purchased less than eight months ago. “USA has an outstanding reputation with strong product distribution and a diverse product line,” the acquiring CEO said back then. But the short gap between purchase and closing suggests Remy never intended to keep USA’s plant or its 271 workers, just its customers.
Last year, I was selected as a Nassau County Senior Citizen of the Year. When I was in in Albany receiving my award, I was told that Jack Martins, my state senator, wanted to meet me in the Senate chamber. He was very courteous, gave me a tour of the room, and told me the history of the chamber. In all fairness, Michelle Schimel did the same in the Assembly, but she already had my vote; Jack Martins didn’t. The extreme partisan politics in both Albany and Washington make it very difficult for any of us, voters as well as legislators, to cross party lines.
Your “Train In Vain” editorial (July 16-22) referred to “genuflecting” to the MTA’s leaders — ”those six-figured salaried credits to humankind.” From that, I am inferring that you were implying that for salaries in the $100,000-to-$999,999 range, the public has a right to expect better leadership, and leaders. I agree with that, and feel even more strongly about the countless corporate executives being paid (not “earning”) seven-figure and eight-figure (millions and tens-of-millions of dollars annually) salaries. I refer to recent news stories stating that: “The head of a typical large public company earned a record $10.5 million, an increase of 8.8 percent from $9.6 million in 2012.”
I have been very impressed with the fresh ideas Adam Haber has brought to our School Board. He pushed us to refinance our debt, consolidate our bus routes, and renegotiate our broadcast rights with Cablevision. These ideas were all unique to Roslyn, and they started with Adam Haber. I voted to put him on the Board of Education five years ago because he promised he would find new ways to save money, and he delivered. We haven’t cut teachers, we’ve preserved and added programs, and our district has boasted the lowest budgetary increases in Nassau each year he’s been on our Board.
I am writing in response to Paul Manton’s letter “Are College Degrees Worth It?” (Weekend,” July 16-22)
I believe that for most high school graduates, college is the appropriate next step. While college educations can be very expensive, and accumulating debt is never a good thing, Nassau Community College provides an extremely affordable and valuable option.
Thousands of residents of Nassau County have had their lives, health, peace of mind and property values impaired by the FAA’s new flight patterns for Kennedy, LaGuardia and Newark Airports.
Based on the attitude of the FAA in dealing with us, that they are acting under political cover provided by Senator Charles Schumer). We believe that Schumer’s voting record and support of Senator
Maria Cantwell were a primary reason for the Passage of HR 658 which sacrificed our well-being for the welfare of the airline industry. RNAV equipment is a technology the FAA believes allows aircraft to fly narrow paths that concentrating noise. In addition, the technology allows for closer spacing that supposedly maintains or improves safety. The senator and the aircraft and airline industries are more concerned about flying more and more aircraft into the New York area than about quality of life.
I am so very proud of all we have to offer in our great county. The incredible support we have received from local business sponsors has made bringing top-notch events to residents at no cost a reality.
On Friday, Aug. 1, stop down to Lakeside Theatre for Creole Family Night. The festivities are set to run from 5-9:30 p.m. Did you know Saturday, Aug. 2, is Garvies Point Day? Visit the museum at 10 a.m. before spending the evening at Lakeside Theatre for Tony Orlando’s Salute to Veterans Concert. The performance kicks off at 6:45 p.m.
Your “Train In Vain” editorial (July 16-22) referred to “genuflecting” to the MTA’s leaders — “those six-figured salaried credits to humankind.” From that, I am inferring that you were implying that for salaries in the $100,000-to-$999,999 range, the public has a right to expect better leadership, and leaders. I agree with that, and feel even more strongly about the countless corporate executives being paid (not “earning”) seven-figure and eight-figure (millions and tens-of-millions of dollars annually) salaries. I refer to recent news stories stating that: “The head of a typical large public company earned a record $10.5 million, an increase of 8.8 percent from $9.6 million in 2012.”
The story also said, “A chief executive now makes about 257 times the average worker’s salary, up sharply from 181 times in 2009.”
Well, one group of radicals here in New York is so upset that Republicans and Democrats were working together that they launched an all out war to stop it. They actually targeted people who were working together for progress. What’s worse is that it worked, and that should scare the hell out of all Long Islanders.
Recently, the five Senators of the Independent Democratic Conference (IDC) who formed a successful, functional, bipartisan governing coalition with Senate Republicans, caved in to threats of primaries from this group and pledged to sever their bipartisan ties. So too did Governor Andrew Cuomo, who earned this faction’s ire by having the nerve to work across the aisle. In doing so, they all turned their backs on an astonishing record of shared accomplishments that were widely recognized for having righted New York’s listing fiscal ship.
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