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Old 01-03-2009
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Re: another bailout, yarrr!

Quote:
Originally Posted by CDavidNeely View Post
To Whom It May Concern,

Instead of simply handing out money Obama is talking about putting money into America's infrastructure to stimulate the economy. The status of the United States interior is horrible and in need of major work. We are in danger of catastrophic failures in multiple areas because we spend money on other things.


Infrastructure Report Card 2005

The steel industry isn't saying give us money. They are saying invest the money in things that will help the steel industry and help America which is what the infrastructure plans will do. Investing in the infrastructure is very much what the government should do instead of just giving people money like they did the banks. Money which has disappeared with no accounting and with no real way to measure results unlike investing in infrastructure which will result in a better interior condition, an investment in companies that provide real improvement and which will provide jobs for years to come.

Sincerely Yours,
C. David Neely




a worthy cause but as an answer for what we are in now, well, its been tried and has not yield the desired results. The 30'as and Japan in the 90's.

Infrastructure spending is no silver bullet, do we need it? Oh heck yea, but if he thinks that this is going to be the end all be all, he’s nuts. AND remember please, that this is pipeline stuff, it will be a year before one shovel full of earth is turned.

Now, you want to talk about waste, google the big dig, read up on where that started and how it turned out. And remember that the feds may green light something but the locals can misdirect it, ala levee money in New Orleans.

This is not the 50’s and Eisenhower, back then the special interests were not nearly pernicious as and destructive as they are now.
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