On Wed, Feb 11, 2009 at 10:53 AM, Gruss wrote:
>
>
> (1.) You've said we need stimulus, but that current bill is full of
> pork; yet you've failed to define how the alleged pork isn't
> stimulative.
>
Some of it is, some of it isn't. Here are my basic criteria:
1. Tax cuts for individuals to help people survive the downturn. I loves me
some tax cuts!
2. Tax cuts for businesses to spur investment in R & D.
3. Common infrastructure - roads, bridges, electrical grid, electrical
generating capacity, Internet infrastructure.
(2.) There's no policy in this bill. Including any that would
> establish any on-going infrastructure beyond what exists so your
> hyperbole continues to be ridiculous.
>
???
(3.) We've already got Republican-led Lemon Socialism: we socialize
> the lemons ("toxic assets") and we privatize the good stuff. Are you
> saying that's the right way to do socialism?
Which toxic assets have been socialized, exactly? The original idea of
buying up bad mortgages never materialized. Instead, the Treasury invested
in the banks in exchange for equity. Congress created the mess with Fannie
and Freddie, so unfortunately we own it, but that money could still come
back to the Treasury one day.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~|
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:288158
Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm
Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
