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Thread: Obama to Call for $50 Billion Spending on Public Works

  1. #201
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    Re: Obama to Call for $50 Billion Spending on Public Works

    Quote Originally Posted by Erod View Post
    Trotsky couldn't have said it better himself.
    The reason Trotsky had such a large following is because the world had a disproportionate ratio of the filthy rich few to impoverished millions, and not much of a middle class.
    If the rich want to return to that, they should first read up on the French Revolution.
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    Re: Obama to Call for $50 Billion Spending on Public Works

    Since i didn't comment yet, now's as good a time as any. $50 billion is much too small. How much? About 15 times too small!
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Obama to Call for $50 Billion Spending on Public Works

    Well we've spent far more on far worse than this. I've maintained through this mess that if they're going to take my money anyway, they should put it to good use at least. Public works isn't the worst of all things during very bad recessions. Particularly if they are limited in time duration and can net out a positive for the rest of us as a whole.
    You know the time is right to take control, we gotta take offense against the status quo

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    Re: Obama to Call for $50 Billion Spending on Public Works

    Quote Originally Posted by MrVicchio View Post
    $50,000,000,000.00 wasted is still waste.
    What 50,000,000,000.00 equates to is roughly about 40,000 jobs 'SAVED' or created. granted thats another drop in the bucket...and sadly...for ever 1 drop in, 2 drops drip out..but...hey...dont worry about tacking on that 50 billion to the national debt...its not like the crippled and dependent pets that keep them in power will have to worry about paying it back.

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    Re: Obama to Call for $50 Billion Spending on Public Works

    Quote Originally Posted by j-mac View Post
    Nah, they're immune to it. What we need is less central government, and more accountability by the people.


    j-mac
    More State rights is desperately needed, just as the founders envisioned. Having a government in DC, far removed from the people, can only make matters worse.

    Hope the challenge by the States over Obamacare is continued, if only to demonstrate that the States should have more rights and any intrusions will be challenged, just as Arizona had challenged the Feds over their border issue. The States should work together on this.

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    Re: Obama to Call for $50 Billion Spending on Public Works

    Quote Originally Posted by UtahBill View Post
    The reason Trotsky had such a large following is because the world had a disproportionate ratio of the filthy rich few to impoverished millions, and not much of a middle class.
    If the rich want to return to that, they should first read up on the French Revolution.
    What's this? Give us your money or we'll kill you?

    How America has changed!

  7. #207
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    Re: Obama to Call for $50 Billion Spending on Public Works

    Quote Originally Posted by MrVicchio View Post
    $50,000,000,000.00 wasted is still waste.
    This is an investment in America, the billions upon billions and lives lost in Iraq was a waste.


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    Re: Obama to Call for $50 Billion Spending on Public Works

    I don' get this. Looks like a just some campaign stop handout.

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    Re: Obama to Call for $50 Billion Spending on Public Works

    The problem with this new improvements bill is that it's not on the most optimal types of infrastructure the nation needs. It's essentially roads and airports, but nothing like what's actually needed: energy infrastructure, etc. What's needed is much heavier investment in rail technology, arcologies, and nuclear power plants. Roads are a bad investment, as are airports. I don't know what Obama is thinking here, but it will most likely get obstructed anyway.

    The opposition party is there just to oppose, regardless of what it was. If the congress tried to enact a snow plowing bill during the dead of winter, it would take until June to pass it with "compromises" that made it useless anyway.

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