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 : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: ChinuSFO who wrote (99511)	8/13/2011 10:11:44 AM
From: tonto	Respond to of 149317

Shovel ready and super committees are just spin. The resurfacing projects were simply moving up schedules and once completed had no extending value. The DOT in Wisconsin contacted the Feds after we met with them and requested that money be better spent. Projects requiring earth moving would have been much better because it requires much more employment and the trickle down is much greater. The arrogance in Washington we all know is high and they advised, we can only do resurfacing. The DOT was very angry, and we knew how poorly advised this plan was... I benefitted greatly from the plan as I sold record amounts of material but their supposed goal failed.

To: ChinuSFO who wrote (99511)	8/13/2011 11:26:10 AM
From: cirrus	Respond to of 149317

Housing construction was a bubble... it isn't possible to boost housing employment to bubble employment levels, and it wouldn't be a good idea even if possible. There will be unemployment in the housing construction market until these excess workers are retrained or move to other work. As far as highway projects, I've maintained for some time that technology and equipment means projects require far less manpower than similar projects decades ago, so you're not going to get the same employment bang for the buck as Roosevelt did. Yes, there is a trickle down effect, but that's not the same either... after the debt ceiling debate and promises of trillion dollar cuts in future government spending, what government contractor is going to buy new equipment that may well sit idle when funding cuts dry up business? Anyway, CAT is selling everything it can because of the minerals bubble, natural gas boom and farming prosperity. Why did it not jump start the construction industry.

To: ChinuSFO who wrote (99511)	8/13/2011 8:27:04 PM
From: zeta1961	Read Replies (3) \| Respond to of 149317

What happened to the shovel ready projects. Chinu, In my current small world of upstate, NY, I can tell you that there are many, many roads that need repaving.....it's ridiculous........main thoroughfares.....I have to be creative, go out of my way to avoid cycling them and sometimes it's impossible.....I pray every time I MUST cycle through....even my brother who is a fox news republican and also an engineer for the state agreed re: how bad they are....... I also drove to NYC for the first time in years last month and I was shocked at how disheveled the highways were.....your talking FDR drive! Had to pick up a friend at Laguardia and we drove to Manhattan...oh. my. God. Horrible roads.... Not blaming Obama here....I have no idea re: who's in charge of these roads...the local town gvts, or county gvts., Bloomberg in Manhattan's case. It's just stunning to see these major NYC arteries in horrific shape. Don't even want to imagine how bad the bridges are.....bridges that thousands of cars pass through every week.....