The Tribune Democrat, Johnstown, PA

Editorials

June 11, 2014

Readers' Forum 6-11 | D-Day Run raised $5,200 for veterans

JOHNSTOWN — VFW Post 155 would like to thank all the businesses, individuals and members that donated their time, money and items to the sixth annual D-Day Run held on June 7.

We were able to raise more than $5,200 that will be donated to the Hollidaysburg VA home. Many hours were put into gathering donations, making baskets for an auction, planning the ride and working the event. None of this would be possible without the support we receive from the community.

The day following the ride was the monthly breakfast at the VFW. The breakfast is held the second Sunday of every month and is open to the public. The breakfast is run by all volunteers of active, social and ladies auxiliary members. What started out as a small event has turned into around 200 breakfasts a month being served, with all tips going to the ladies auxiliary to be used to fund events for the veterans.

I would encourage all eligible veterans and all women eligible to join the ladies auxiliary to contact their local VFW and see how they can join. It truly is one big family. Thank you.

Heather Tomasko

VFW Post 155, Ladies Auxiliary President

Dollar being removed from world market

On July 1, House Bill HR 2847 takes effect. Countries buying and selling goods convert their money into U.S.

dollars to do so.

As of July 1, all foreign banks must collect taxes and file IRS compliances and/or pay a 30 percent tax or dump all U.S. dollar transactions. Large, world banks have done this already and refuse to use wire transactions in U.S. dollars.

Countries like China, Russia, Brazil, Japan and others have stopped trading with U.S. dollars and are signing agreements to use their own currencies. The dollar is being removed from the world market.

As the dollar weakens, investment brokers dealing with IRAs and 401ks will no longer be able to shift invested monies into safer foreign exchanges and guarantee that their clients will not lose money if the dollar crashes.

The Foreign Account Tax Compliance Act, part of HR 2847, was created by (House Minority Leader) Nancy Pelosi, (Senate Majority Leader) Harry Reid and President Obama as a world power grab with 100 percent partisan Democrat vote and 100 percent Republican nonparticipation.

Why is the president determined to make living in America so expensive?

Ed McGarvey

Hooversville

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