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.

Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?

To: THE ANT who wrote (71)	3/10/2017 9:27:25 PM
From: Elroy Jetson	Respond to of 13801

It would have been terrific if Trump copied that idea, pioneered by California Governor Jerry Brown when he was Mayor of Oakland. But it's an idea very unlikely to have come from the racist comedy team of "Trump and Sessions", in spite of Trump tossing around that idea when he campaigned for his current job. Trump's spokesman Sean Spicer has now taken to wearing his American flag pin upside-down. A global distress signal.

To: THE ANT who wrote (71)	3/11/2017 3:09:18 AM
From: elmatador	Respond to of 13801

The infrastructure? DISCLAMER: Because this article deals with an stimulus program, it weights heavily in the political realm. The posting does not want to attack nor defend an administration. Just to show that the impacts are well into the future, may not materialize or ca even be forgotten altogether. What Happened To All The 'Shovel-Ready' Infrastructure Projects From The 2009 Stimulus Bill? At least 188,000 California residents have been evacuated from the Oroville area due to concerns about the integrity of the country’s tallest dam. The latest potential national infrastructure emergency has Americans anxious for President Donald Trump to begin his $1 trillion, 10-year infrastructure spending plan. Unfortunately, the impact of the plan may take much longer to materialize than Trump and his supporters realize. These Things Take Time Back in 2009, former President Barack Obama made some lofty promises about the infrastructure overhaul that his $800 billion economic stimulus plan would provide. Obama used the phrase “shovel-ready projects” in reference to construction projects that could begin right away. In the end, however, only $98.3 billion of the $800 billion stimulus was dedicated to transportation and infrastructure. Of that $98.3 billion, only about $27.5 billion was actually spent on transportation infrastructure projects. Why? “The problem is that spending it out takes a long time, because there’s really nothing – there’s no such thing as shovel-ready projects,” Obama said in a 2010 interview with the New York Times. When it comes to economic stimulus, local governments may take years to begin actual construction even once they receive funding. The reason why such a small portion of the American Recovery and Reinvestment Act of 2009 ended up spent on infrastructure is that the projects are simply too slow to get off the ground to provide meaningful near-term stimulus. “If you are talking about stimulating the economy, ‘shovel ready’ doesn’t mean get the money on Monday and start on Tuesday,” former Pennsylvania governor Ed Rendell said. “When [Obama] says there’s no such thing as ‘shovel ready,’ he’s right…When we said ‘shovel ready’ we meant ‘shovel ready’ in the way we do things.” If Trump intends to get his projects up and running faster than Obama did, he will have to cut through a sea of red tape that stands in front of him. While the 2009 stimulus package may not have fixed the nation’s infrastructure, it certainly did its intended job of getting the economy back on track. Since the stimulus bill was signed back in February 2009, the SPDR S&P 500 ETF Trust SPY 0.35% is up 194 percent. Posted-In: American Recovery and Reinvestment act Brack Obama Donald Trump Ed Rendell Education Politics Top Stories General Best of Benzinga © 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To: THE ANT who wrote (71)	3/13/2017 11:20:32 AM
From: elmatador	1 Recommendation Recommended By ggersh Read Replies (2) \| Respond to of 13801

Every year between 2001 and 2008, the increase in debt was greater than four times the increase in GDP. In fact, for some years in that period, more than $8 of debt were added for every dollar of GDP added. And Gail concludes: It is tempting for world financial leaders to think that they can find a solution to today’s problems by using higher target interest rates to slightly scale back economic growth. I don’t think that this is really a good option. The world economy is operating at too close to “stall speed.” The financial system is too fragile. If any solution can be expected to work, it would seem to need to be in the direction of re-starting QE. Even if it produces asset bubbles, it may keep the world economy operating for a bit longer. https://ourfiniteworld.com/2017/03/13/raising-interest-rates-cant-end-well/