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Date Posted: 18:01:51 07/17/10 Sat
Author: MaryAnne
Subject: Re: We need major infrastructure projects
In reply to: Paul Davis 's message, "We need major infrastructure projects" on 10:40:17 06/28/10 Mon



Evening all. Shirley has been having some serious problems and tests in the Hospital.I do hope she is better. Wish her my best.

Obama just made a speech in Michigan,giving millions to a Korean company to build batteries there. I know they will be made here,but where is the money going to Small Businesses,who are really hurting and could use start up money? Just a question.

I like much of what Obama is doing.He has surrounded himself with smart people and is now asking for advice from Warren Buffet and Clinton.They had a meeting in the Whitehouse.

It would not bother me if he called in people like Newt Gingrich who helped Clinton balance the budget last time.Even Greenspan is saying they need to let the Bush tax cuts die. He finally admitted he was wrong when he thought surpuses were not a good idea.

I hope this finds both of you doing well.








>TVA should be building nuclear plants and giant solar
>plants, we need more power for electric cars. There
>should be a contest for the first energy storage
>device capable of storing some high figure (2kw per
>KG?) of energy density, originators should get a
>billion dollars or something. There should be an
>incentive for resturants and diners by the roads to
>have metered charging devices by their stops - hell,
>require a smart meter with a standard comm system so
>the guy charging gets a bill at the end of the month,
>no matter where he was. We should be designing ultra
>high speed vacuum tunnel trains with dual tracks to
>run all the way from Florida to Buffalo NY.
>
>We should be building shuttle car electric "trains"
>that run short haul loads from A to B for factories
>and so forth.
>
>Hell, we shoudl do a lot of things that would be major
>investments and cut costs to everyone while providing
>major employment boosts.
>
>But we aren't.
>
>> true.. many of these homebuyers would have bought
>>homes anyway but either accelerated their plans to get
>>the credit or held off buying to get the credit. We
>>really didnt accomplish anything with this credit
>>except to put the country in further debt.
>>
>>Any spending of the US govt for stimulus has to be in
>>finding ways to get people working. All else is just
>>spending.
>>
>>
>>>Which is the problem with short term stimulus, if you
>>>quit before normal demand is restored, you just moved
>>>demand forwards and make it worse at the far end.
>>>
>>> >>>href="http://www.businessweek.com/news/2010-06-23/sal
>e
>>s
>>>-of-u-s-new-homes-plunged-in-may-to-record-low.html">
>h
>>t
>>>tp://www.businessweek.com/news/2010-06-23/sales-of-u-
>s
>>-
>>>new-homes-plunged-in-may-to-record-low.html
>>>
>>>June 23 (Bloomberg) -- Purchases of U.S. new homes
>>>fell in May to the lowest level on record after a tax
>>>credit expired, showing the market remains dependent
>>>on government support.

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