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I am sorry to lean (no pun intended) once again toward the political but I saw this drawing today and could not resist. It represents the Governments contribution to the US Auto industry. I think you will see Ford better off for not having taken the TARP funds a few years down the road.
Could things really be as crazy and non-sensical as they seem or is someone actually at the helm and steering a set of comprehensive solutions?
I was very disappointed that we did not see more incentive for businesses to make investments in this recent STIMULUS bill. I hope some wise leaders will make some changes and soon. Only people and businesses create and expand economies - Government cannot create wealth or capital (except by printing it).
Tax policy favored interest deductions rather than good ol capital investment so guess why all the money went to leveraged investments?
Capital likes to work. Give business incentive for deploying capital and it will do so much more effectively that the US Government can spend/waste it.
Also - lots of Green Talk but no Reliability Talk. We need a Reliability Lobbyist!
I hope at the least we get a new Electrical Grid, new High Speed Internet infrastructure and a few new bridges in Florida courtesy of the Feds!
Once again - I yield the soapbox
Terry O
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