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


To: TimF who wrote (419663)9/24/2008 7:08:31 PM
From: i-node  Read Replies (2) | Respond to of 1575583
 
Well, it may be a blip and even a hard blip. But I'm not sure.

It is, basically, the amount of money by which our currency is inflated annually by virtue of not being energy independent. And this is a one-shot deal.

The other significant points, I think, are that

a) We're not going to spend it all; it is much more in the nature of a loan, most of which should be repaid; and

b) It is better than just having the money flow out to foreign countries.

My real problem with it is the way it is structured -- the one big mistake Bush made with Katrina was in throwing money at the problem after the fact to try and do away with the perception he caused the problem. He didn't cause the problem, but throwing money at it was the wrong thing to do. There are 10,000 FEMA trailers sitting at an airport just south of where I live to prove it. And two Carnival Cruise ships sat empty because of a panic to find housing for people who didn't want it.

I just want to see some fiscal control over the money, and writing a 3/4 trillion dollar check to ANYONE isn't my idea of control.