General Discussion
In reply to the discussion: Anyone else noticed that without Senator Sanders, discussion of issues has all but disappeared? [View all]Poincare
(11 posts)That privatizes public infrastructure by giving banks the option to go in halvsies with any generated proceeds. We used to issue bonds and pay for the stuff, wholly owned by the commons. Her plan is just another take on socialize the losses and privatize the gains. Besides the IEEE has put our modernization cost at 6 Trillion dollars. We have virtually zero percent for borrowing costs and we have to cry poor mouth to pay for it. Yeah plenty of money for the war machine, plenty for our wall street casinos, but bupkus for the people who have to live and die with outdated and decrepit infrastructure. Let me tell you something. Our insurance industry is starving for safe low risk investments aka government bonds. The losses are starting to catch up and if things keep going the way they are, your premiums for any risk management policy are going to skyrocket. Metlife just posted a 2 Billion dollar loss, because they couldn't hold out any longer. The deflationary economy is coming if something doesn't change with our moronic governance.