SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: LindyBill who wrote (285566)12/28/2008 4:25:25 PM
From: MulhollandDrive5 Recommendations  Read Replies (2) | Respond to of 793963
 
so we've gone from 'stimulus' to 'central planning'

i love this post from a poster who lived in a communist country:

As a former resident of the communist Poland I can tell you that the State run economy doesn't work and never will. The State doesn't have a clue how to efficiently allocate resource. The Obama plan will subtract from the real growth rather then add and its only achievement will be a gigantic national debt that will tax our children and grandchildren for years to come lowering their standard of living dramatically in the process. All stimulus money will be flushed down the toilet without any net positive impact on the economy. Borrowing the stimulus money will crowd out private enterprises leaving nothing for productive investments.

The funny thing is that in Poland they had to drag us at the point of the gun to join the State run madness while Americans are begging Obama to enslave them. Where is the capitalist system? Obama shouldn't stop here on his road to fulfill wishes of the Nation. In order to achieve heaven on earth he should nationalize everything. Long live United States of Socialist America!! Americans be careful what you wish for.



To: LindyBill who wrote (285566)12/29/2008 1:12:24 PM
From: Bridge Player  Respond to of 793963
 
The president-elect has insisted that investments proposed in the recovery plan meet standards much higher than has been traditional. There will be no earmarks. Investments will be chosen strategically based on what yields the highest rate of return for the economy and monitored closely not just by officials but also by the public as government becomes more transparent. We expect to evaluate and to be evaluated rigorously to ensure that Washington is held accountable for how tax dollars are spent.

What utter and complete bull-hockey.