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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Roads End who wrote (29494)8/7/2010 2:38:35 PM
From: benwood  Respond to of 71454
 
I read all of Heinz writings, I think of him in the highest.

Nevertheless, I do not believe ALL government actions are bad, that everything they do, regardless of how small, is a horrible project utterly and completely devoid of all usefulness at any level.

Chances are that it *will* be a money loser for the county in the short run and perhaps in the long run, too. What will the gain be in that particular place? One would have to live there and study it's history plus the history/future expectations of commerce, farming, ranching, tourism and the local broadband carriers to know.

Would a free market have come up with a better solution. Yes, very likely, if that free market existed going back fifty years or more.

Yes, it's a gov't trap we are in -- the prior interventions distort the markets so that perpetual dysfunction abounds.

That still doesn't mean AC's fiber is a bridge to nowhere however (utterly useless and devoid of economic gain).

edit: chances are, if the gov't didn't pay for the fiber, then phone companies and tv would come up with their own more expensive solution (satellite and/or wi-max). Really, if I lived there, I would expect to pay more for my geographical isolation.