Wednesday, June 1, 2011

Why canít governments be honest?

There are many things that bug me and many other people.

One of these is the dishonesty of governments. I don't know why, but the officials seem to change when they get into office.

At any rate, I will address in this letter only one of the things that bug me. I'll address others later.

One of the dishonest things by our governments is the lotteries. They inflate the value of the lotteries by not giving the present worth of them, but by giving the value of them over the years, including interest.

When a person buys a house, or any other item, its value is given by its present value, not by the value of them with interest.

For example, I have seen lotteries being advertised by the governments as being $300,000,000, but their present worth is only $180,000,000. Many people would say, "So what, I would settle for $180,000,000." Well, so would I, but that is not the point. The point is, the governments are misleading the public by not giving the correct value of the lottery. They inflate its value by stating "$300,000,000" instead of the actual value of "$180,000,000" to create a mania so that more lottery tickets will be sold.

I, personally, resent such dishonesty by a government. It is not the amount of the money, but the dishonesty.

Jake Jacoby


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