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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (301184)8/23/2006 10:53:18 PM
From: Peter Dierks  Read Replies (1) | Respond to of 1578982
 
You seem to know more about certain things than I do. I am not surprised by that. If the federal government was involved in the petrochemical distribution network, they don't seem to be any more. William, Koch, etc. all have multiple hundreds of millions of dollars worth of pipeline and terminals.

Even in space exploration the government's role should be to get the ball rolling then get out of the way and only after it is rolling procure military hardware that takes advantage of privately developed systems and pays for research for new innovations. As I noted before Lockheed, who had the biggest shuttle construction contract, offered to built a shuttle for themselves and contract for launch services from NASA. This would have cost them over a billion or two dollars at the time. Space would be more developed now if the government had allowed them to do it. Now we have Burt Rutan and Virgin Galactic. We have many other entrepreneurs vying for a piece of the private launch business.

I will grant you that there are rate occasions in which government can spur private businesses to invest in infrastructure that has a profound impact on our economy. The transcontinental railroad was an example of this.

"this is exactly where gov't spending can help"

I am against most government spending. Let people keep their money and invest it as they see fit. It gets invested more wisely and imho greater productivity results.