Letters to the editor from this week's Chronicle:

To the Editor
I want everyone to know that Marv Hagedorn is the only veteran running for Lt. Governor. He was a Navy man and spent 20 years protecting our country. He has my vote. 
Can you believe there are six candidates in the running for this office and no one else served in the military. Senator Hagedorn also founded a group to help wounded veterans return to civilian life, go to school, and get jobs. He is by far the best of the group running and I am proud to support him. Please join me, especially you veterans and vote for Marv Hagedorn for Lt. Governor.
Rick W Johnson

Letter to Editor
Janice McGeachin conservative candidate for Lt. Governor former State Representative 2002-2012.  Janice term-limited herself and went back to the private sector to help her husband Jim in their small businesses.  Janice and her husband Jim have been married for 30 years have two children who work in their businesses with them.
Since she retired from the legislature  taxes and regulations have soured and now she has a conservative vision for Idaho:  to protect the unborn, protect our 2nd amendment rights ,local control of our schools, lower taxes for all, greater quality and options for  healthcare and will work hard for active and responsible stewards of our natural resources.
So if you Love America-Love Idaho Vote Janice McGeachin for Lieutenant Governor on May 15
Marge Arnzen
Cottonwood

To the Editor
Voting is a wonderful freedom I enjoy, and my part is to choose a candidate who supports my thinking.
So, on May 15 I want my Congressional Candidate to support:
Building the Wall
Repeal of Obama Care in Idaho
Second Amendment rights
Trump’s agenda
Fight to uphold the Constitution as written
Term Limits
Idaho lands back from the government
Russ Fulcher is the Idaho Congressional Candidate who supports my thinking. 
Betty Alm

To the Editor
Russ Fulcher for Congress. 
Russ Fulcher is Idaho and the citizens of this State need his leadership, values, and dedication in the nations legislative branch, the People's House, where Russ Fulcher can represent the people of Idaho. Russ Fulcher's work ethic, moral character, and common sense leadership is desperately needed there. I have known Russ, and as a testament to his openness and genuine character, there has not been one time when I have seen him, that he hasn't extended his hand and asked how it's going. Russ and his family's values are what represents the foundation of Idaho values and traditions. 
Russ has a proven track record of leadership and vision that will represent Idaho and its citizens in their future. 
My family has known him and his family since our son was in Foundations Academy, and strongly without hesitation and reservation, support Russ Fulcher for Congress. I encourage all the people of Idaho to support Russ Fulcher for Congress.
Steve Christensen
Boise, Idaho

Redneck Review!
No. 158 - 4/30/2018
A time bomb?  Last week's review made the claim that we are literally sitting on a time bomb for at least three reasons; economic, political, and moral or cultural.  This review takes a more detailed look at the shaky economic situation in our country today!
But first, please note this disclaimer!  Not last week nor now is it claimed  that any of these three will cause a major collapse at a specific time in the future, but only that the trends involved suggest that the situations cannot go on forever! The old saying "What goes up will come down" supports a claim that this will happen, later if not sooner!
What is the evidence?  History suggests there are disturbing parallels between today and the "Roaring '20's"  which led to the depression of the 1930's. A huge debt which resulted from our WWI effort poured a huge new supply of money into our economy. Interest rates were low and kept low then as now, and consequently, the average man could borrow cheap money to dump into a stock market almost anywhere, and find his investment growing by leaps and bounds!  Confidence soared, and more and more Americans invested in stocks which promised to go up without end! Then BANG! The bubble broke, and the slow burning fuse mentioned last week ignited a series of events over the next few days, which culminated in history's Black Friday! The decade long
period of easy prosperity came to a sudden end!  Reports at the time showed stunned investors jumping to their death rather than face their sudden bankruptcy!
And today?  Huge deficits and our exploding national debt have dumped huge amounts of new money into our economy. And interest rates? Artificially low and near zero rates have made debt again very attractive! The predictable and obvious results?  A roaring, record breaking stock market, expensive homes and automobiles leading to gigantic consumer debt, student debt now totaling over one $trillion itself!  With the FED feeling it is now necessary to clamp down a bit, slowly raising rates, common sense says soon the "chickens will come home to roost!" An old saying bluntly noting the critical shape many debtors, including our government, find themselves in today!
A more thorough look at the situation is beyond the scope of this brief look, so we close today with a number of quotations taken from James Cook's MARKET UPDATE, early April, 2018.  A new reader will have to take on faith my endorsement of this bulletin!  Its record and the fact that it endorses an economic theory that has been uncanny accurate since the 1960's guarantees me that it is a reliable source!  Each quotation is followed by the name of its reputable author!
"Forcing interest rates to artificially low levels and under reporting the rate of inflation have kept the government's solvency under control. But abuse of financial behavior does not last forever...The dollar will hyper inflate.  Like every other fiat currency before it, the dollar will end in the fiat currency graveyard."  John Williams
"Rising inflation has hit the headlines, sparking some attention...What most investors do not realize is that... inflation can quickly get out of control..."  Jeff Clark.
"The prevailing fiction on Wall St. right now is that economic growth is picking up, and interest rates will rise slowly.  They are selling a dangerous fairytale... and is blatantly false. There is no safe path for the FED to normalize rates. If they stop raising rates inflation picks up. On the other hand, keep on hiking rates...when the rising interest on bonds slams into the record bubble in stocks, it won't be a pretty picture...the market value of stocks is at the most preposterous level in history...and a recession, along with an epochal stock market crash is destined to occur... and there is no way of avoiding it." Michael Pento.
Jake Wren


Cottonwood, Idaho 83522
 

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CHRONICLE
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