MichaelRoss
September 26, 2008, 12:23 AM
And as for DIRE, next time you come to the States, look at the bridges (drive under them real fast, just in case)...our highways, our levees, and our underground 100 year old (in some cases) water lines, sewer lines and gas lines.
Cities are already going broke, let's watch Houston for awhile.
Is it DIRE here in the States? I don't think so. But, I also add...YET.
We'll see DIRE in 2009, within 120 days of the inaguration. Hope I'm wrong.
Back before the last election in 2004 when I wrote/suggested that maybe the Dems should be Allowed to win - because - I saw the Housing Crash coming, and thus they'd be Out and the GOP would then probably get another 2 terms as a result of backlash. I miscalculated. The cover up.
A while back you asked what we saw around us. And I said I saw a Boom.
What I saw is a clue to Where money should go Instead of Wall Street...
INFRASTRUCTURE!
Want the economy to surge?
Spend the $700B on infrastructure. On new infrastructure. And on Fixing the aged existing infrastructure.
THAT is Where Economic salvation lays. For not only will that Avert future problems when those items Fail, it will Circulate the money in the economy by way of Jobs, etc. And the economy will flourish.
$700B spent on Infrastructure will do more good, than bailing out a dying part of wall street. Of course, whether the Bailout is really about what it is Claimed to be about is another question entirely.
Let's face it... infrastructure investment has Proven to be a Boost to any/all economies when it is applied. While money thrown into a stockmarket to Change Its Direction has only ever ended in disaster as the market doesn't change and the money is gone with nothing to show for it - regardless of the amount of money.
And also let's understand... the Stock Price of a company doesn't mean the company whose stock it is, is in trouble. Coke prices might fall. But that won't stop people buying Coke, for example.
If people understood those two things... or the media talked about them... it'd be harder for the Hobgoblins to be used by the Pres.
If Obama wins, then he will inherit a disaster from Bush who inherited the writing on the wall from Clinton who inherited...
Michael
Cities are already going broke, let's watch Houston for awhile.
Is it DIRE here in the States? I don't think so. But, I also add...YET.
We'll see DIRE in 2009, within 120 days of the inaguration. Hope I'm wrong.
Back before the last election in 2004 when I wrote/suggested that maybe the Dems should be Allowed to win - because - I saw the Housing Crash coming, and thus they'd be Out and the GOP would then probably get another 2 terms as a result of backlash. I miscalculated. The cover up.
A while back you asked what we saw around us. And I said I saw a Boom.
What I saw is a clue to Where money should go Instead of Wall Street...
INFRASTRUCTURE!
Want the economy to surge?
Spend the $700B on infrastructure. On new infrastructure. And on Fixing the aged existing infrastructure.
THAT is Where Economic salvation lays. For not only will that Avert future problems when those items Fail, it will Circulate the money in the economy by way of Jobs, etc. And the economy will flourish.
$700B spent on Infrastructure will do more good, than bailing out a dying part of wall street. Of course, whether the Bailout is really about what it is Claimed to be about is another question entirely.
Let's face it... infrastructure investment has Proven to be a Boost to any/all economies when it is applied. While money thrown into a stockmarket to Change Its Direction has only ever ended in disaster as the market doesn't change and the money is gone with nothing to show for it - regardless of the amount of money.
And also let's understand... the Stock Price of a company doesn't mean the company whose stock it is, is in trouble. Coke prices might fall. But that won't stop people buying Coke, for example.
If people understood those two things... or the media talked about them... it'd be harder for the Hobgoblins to be used by the Pres.
If Obama wins, then he will inherit a disaster from Bush who inherited the writing on the wall from Clinton who inherited...
Michael
