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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: Bearcatbob who wrote (8324)	5/19/2009 11:09:15 AM
From: Road Walker	1 Recommendation Read Replies (2) \| Respond to of 86356

I await the results of the self administered ethics test for the board We don't need none of your stinking tests. Your guy left us with two quagmire wars, failing banks, failing auto industry, failing insurance industry, $1Trillion deficit and no progress on any problem. Thanks for the mess... allow the adults to try to extricate us and quit whining.

To: Bearcatbob who wrote (8324)	5/19/2009 12:56:34 PM
From: RetiredNow	Respond to of 86356

I don't think you have your math straight. If we borrow money at 5% (or less than that) at the Federal level and then invest that money for a tenfold return over 5 years after achieving the higher mpg levels, then that actually acts to strengthen our economy and bolster the value of the dollar. Now conversely, if we borrow money to spend on welfare or tax cuts for individuals who just plop the money into a savings account or spend it on foreign products, then yes, that money is wasted and will work to weaken the economy and decrease the value of the dollar. I really wish you wouldn't throw the baby out with the bathwater. I don't like borrowing money to waste it any more than you do, but if we are to create new prosperity out of this disaster, then we'll need to make some strategic investments and energy conservation and renewable energy should be at the top of the list in terms of their return on investment.