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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 379.87+0.4%Nov 11 4:00 PM EST

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To: Condor who wrote (45004)1/8/2009 8:45:44 PM
From: TobagoJack  Read Replies (2) of 217699
 
just in in-tray

I was talking to someone this morning who claims that if you add up all of the infrastructure projects "on deck" in all 50 US states, the total is a mere $60 billion. With the Obama stimulus plan, each and every one of them will be funded. But from what I understand, there are not enough contractors, asphault, etc. to fill all the orders if everyone starts building them in the next 12 months. That might mean that there is a bidding war for the labor and supplies needed to fufill the orders. Inflation anyone?

A right-wing guy in Virginia who was very much against Obama runs an asphault paving company. All he can say at the moment is "I love Obama, I love Obama, I love Obama." He is licking his chops as the new orders he foresees coming in later in 2009.....

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