Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: michael97123 who wrote (455405)	2/10/2009 11:19:11 AM
From: i-node	Read Replies (1) \| Respond to of 1577188

and if the govt ignores education, we put a hold on our future as well. Intel building out is bullish. Government hiring workers to build schools and upgrading same schools is just as bullish, far more so than putting a few bucks in your pocket or my pocket--folks who dont need it (yet). Honestly, I haven't any problem with a limited amount of this kid of program. Building schools, some needed road/bridge/infrastructure projects, that's fine. Where I have some real issues is the expansion of entitlements. For example, unemployment insurance, as it was originally conceived by FDR, would NEVER have been funded from the general revenue. It was to be funded EXCLUSIVELY from taxes levied on the employer. At no time did anyone consider that the government ought to be borrowing money from taxpayers to give unemployed workers money, even when times got tough. Giving health insurance to people who cannot afford to buy their own is creating a massive government bureaucracy where none existed. A long-term, permanent entitlement program that has ABSOLUTELY NOTHING to do with economic stimulus. And if you haven't read the following commentary, you damned well ought to. This is not what any rational person wants to see happen in our health care system. Except Daschle, that is. Is this what YOU want? bloomberg.com