Traverse City Record-Eagle

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February 29, 2012

Letters to the Editor: 02/29/2012

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A sad day in America

Planned Parenthood went ballistic when The Susan G. Komen Foundation suspended financial support.

With pressure, the Komen Foundation relented very quickly. Not to worry though, the department of Health and Human Services mandate comes to the rescue.

President Obama is the most pro-abortion president our country has ever had. The Obama administration and Planned Parenthood are close allies in their efforts to promote abortion.

If not overturned in the courts Planned Parenthood will reap a windfall of cash. How cozy is that? Employers and insurance companies will be forced to provide coverage for abortions, the morning-after pills and contraception. It is a sad day in America when Planned Parenthood, the largest provider of abortion, is looked upon by this administration as a good source for what they call "preventive services."

Betty Kunkel

Traverse City

'Managed bankruptcy'

The anti-Romney political cartoon the Record-Eagle published Feb. 21 ignores the fact that Romney called for "managed bankruptcy" of General Motors and Chrysler in order for them to reorganize and become healthier companies.

Here is the staggering amount of money the auto company received and still owes:

GM got $49.5 billion. They paid back about $24.1 billion, a little less than a half. But the U.S. Treasury, meaning all of us, still owns 500 million shares of stock in the reconstituted GM. That's worth about $12 billion to $13 billion right now. So, we're on the hook for about $12 billion or $13 billion right now and we should not realistically expect any further payment from GM any time soon.

The story of the success or failure of the auto company bailout remains to be written.

Republican voters should also note that Rick Santorum also opposed the auto company bailouts.

Robert C. Feague

Traverse City

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