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liberal N proud

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Member since: Sun Aug 8, 2004, 01:54 PM
Number of posts: 53,820

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America’s Infrastructure Problems — Why We Should Invest

This post is focus on a 2 part story about America's Infrastructure. Part 1 can be found here: http://www.mbtmag.com/blogs/2014/04/just-how-bad-are-america%E2%80%99s-infrastructure-problems

The infrastructure problems are increasing business costs and it will only get worse. Whether it is missing a delivery promise because of a freeway jam, losing water pressure in a food plant, loss of electricity during a blackout, or being fined by a government agency, infrastructure problems will continue to increase business costs and make business less competitive. They will also increase consumer costs through user fees and service bills.

Our current strategy seems to be to use our limited resources to react when the bridge falls, the water main explodes, or the sewer overflow dumps raw sewage into the city’s river — and then depend on our emergency forces to get us out of the jam with around-the-clock TV coverage. But, dealing with these kinds of problems during an emergency is the most expensive solution and most often there is no budget and the local government has to rely on deficit spending.

Besides reducing reactive spending, another very good reason to consider a comprehensive plan to deal with the infrastructure problems is that it would create a lot of jobs in both construction and manufacturing.

What Does the Government Propose?

After several budget proposals by the Obama administration that never got traction, the American Jobs Act was submitted in Sept 2011. After two years of political wrangling by both parties, the bill was finally passed by Congress in March 2013 at a total cost of $450 billion. Unfortunately this wasn’t really an infrastructure, transportation, or jobs bill. The need for infrastructure spending was trumped by politics and only $60 billion (or 13 percent) of the bill went to infrastructure problems. The other $390 billion was appropriated for unemployment benefits (13 percent), payroll tax reductions (54 percent), and aid to state and local government (19 percent).

The majority of the $60 billion for infrastructure was dedicated to loans and grants and for the development of an infrastructure bank. Only $27 billion of the appropriation was dedicated to transportation infrastructure. And, if you take out the monies for high speed rail, Amtrak, and airport improvement, the budget is further reduced to $19 billion.

Posted by liberal N proud | Tue Apr 15, 2014, 07:50 AM (2 replies)

Message from Microsoft: Windows XP support ended April 8, 2014. We’re here to help.

Now that support and security updates for Windows XP are no longer available, it’s important that you take steps to protect the personal information on your home PC. Explore your options and find out what you can do today.

Received this message form Microsoft today regarding XP operating systems. Why did I get it? I have no idea, I don't have XP, I have a PC with Vista that I should have upgraded when I could still get Windows 7, but OH well.

But "We’re here to help" You kill support and then say you are there to help?

Posted by liberal N proud | Thu Apr 10, 2014, 10:36 AM (31 replies)

Arthur Smith Dies at 93; Wrote ‘Dueling Banjos’


Posted by liberal N proud | Wed Apr 9, 2014, 06:55 AM (5 replies)

Republicans idea of free speech

Compliments of SCOTUS
Posted by liberal N proud | Thu Apr 3, 2014, 08:52 AM (1 replies)

Unions In Missouri Rally Against Right-To-Work Bill

JEFFERSON CITY, Mo. (AP) -- Democratic Gov. Jay Nixon's condemnation of so-called right-to-work legislation as unnecessary and misguided drew applause from about a thousand Missouri union members who gathered Wednesday at the state Capitol.

The measure to prohibit labor contracts from requiring that all employees pay union fees, regardless of whether workers are union members, is a top priority of House Republican leaders this year.

But some union members attending the annual rally sponsored by the Missouri State Building and Construction Trades Council said it would weaken a union's ability to collectively bargain and secure protections for workers.

"This is not an issue we need. It will do nothing but harm the middle class and is about lowering wages," said Glenn Lindsey, a Fulton-based Local 36 sheet metal worker for 32 years and third generation union member.

The measure's backers, including House Speaker Tim Jones, R-Eureka, argue the measure would allow Missouri to successfully compete for new jobs. Jones has said the 24 states that currently have right-to-work policies generally have the greatest economic prosperity.

Those arguments were dismissed by Nixon, who reiterated his opposition to the bill at Wednesday's rally. The governor's objections have caused Republican supporters to consider sending the issue to voters this year for approval instead of legislation he might veto to his desk. But Nixon said that approach wouldn't keep him on the sidelines.

Posted by liberal N proud | Thu Mar 27, 2014, 04:43 PM (0 replies)

One headline explains our entire media: CNN

The 3 Most Ridiculous Missing Plane Theories CNN Has Considered This Week

Read more: http://www.businessinsider.com/ridiculous-malaysia-plane-theories-cnn-has-considered-2014-3#ixzz2wtFS1XJc

Posted by liberal N proud | Mon Mar 24, 2014, 10:23 AM (2 replies)

Happy PI day

Posted by liberal N proud | Fri Mar 14, 2014, 06:33 AM (5 replies)

Thought this post was going to be funny?

Posted by liberal N proud | Wed Mar 12, 2014, 01:19 PM (1 replies)

How to make money in America in the 21st century

After Big Bet, Hedge Fund Pulls the Levers of Power

Staking $1 Billion That Herbalife Will Fail, Then Lobbying to Bring It Down

WASHINGTON — At a Midtown Manhattan steakhouse last June, William A. Ackman, the activist hedge fund manager who had bet a billion dollars on the collapse of the nutritional supplement company Herbalife, offered his latest evidence to a handful of other hedge fund managers about why the company’s stock could soon plummet.

Mr. Ackman told his dinner companions that Representative Linda T. Sánchez, Democrat of California, had sent a letter to the Federal Trade Commission the previous day calling for an investigation of the company.

The commission had not yet stamped the letter as received, nor had it been made public. But Mr. Ackman, who had personally lobbied Ms. Sánchez and stood to profit if the company’s stock dropped as a result of the call for an inquiry, already knew what it said, and read from a copy of it that he had on his cellphone.


This is why they don't needs jobs to make money, they have learned how to make money destroying companies.

Posted by liberal N proud | Mon Mar 10, 2014, 06:59 AM (8 replies)

The Daily Show Big Vladdy Jon Stewart blasts conservatives for praising Putin while bashing Obama



Posted by liberal N proud | Fri Mar 7, 2014, 12:58 PM (4 replies)
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