You fail to distinguish between investment and drunken, reckless spending. I don't like the bailout, I don't like the stimulus. On the bailout, we were left with two choices: spend the money or watch the world economy spiral into something akin to the 1930's. It might not have been life or death here, but it would have been very, very painful in most of the world. If the bailout funds are managed correctly, the Treasury will see a positive return on that money. I would prefer they did not have to so it, but there was no other option. Had we not led the charge, I think we might have bee forced by circumstances in Europe (massive bailouts as well) to go ahead.
I would have preferred no stimulus, and I don't want another stimulus package. Basically, what we are doing is taking a cash advance on the US economy. We are slowly bankrupting ourselves, and the press on all sides is just going along with it. On Mon, Oct 20, 2008 at 12:36 PM, Gruss wrote: > > CONCLUSION: If you disagree with social engineering through spending > then you should oppose the bailout, stimulus packages, and > infrastructure spend. i.e., you're libertarian. > > DENOUEMENT > So you're being logically inconsistent by supporting some investments > and social engineering, but not others, without bothering to have a > quantitative analysis behind your reason. > > In other words, it's hypocritical to oppose one social investment on > principle, but support another. > > Either disagree with numbers, or principle, or both. But please be > consistent. > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:275624 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
