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Politics : The Obama - Clinton Disaster

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To: DuckTapeSunroof who wrote (46329)3/9/2011 11:17:41 AM
From: d[-_-]b  Read Replies (1) of 103300
 
Why was the Manhattan project a government project?

Weapon

Why was the construction of the Panama Canal?

Because the French failed to build it and the savings in travel time where quantifiable - unlike High Speed Rail - which would have trouble just finding passengers.

Why the first communication satellites?

National security, defense and of course business uses - not to mention private rocket launches were at the time illegal.

Why Hoover dam?

Power you can sell - the economics pencil out easily.

Some things are just *too big* for private capital to finance entirely itself... at least, in the early going.

Mostly on the land grant side and permits. HSR has no projected payback - just more drains on tax revenue.
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