HowardI'veBeen Working on the Railroad
February 24th 2008 02:28
Real Crash- Looking at Capitalism and its Laws:
Maglev train test track in Germany
I've been wanting that great Railroad;
All the live long day;
I've been wanting some real Progress;
So I do something, in my days;
Can't you see the people flying;
On a railway with no wheels;
Can't you see the progress inland;
Just like they had sails;
Yes, we need that railway, the Maglev train, the Magnetic Levitation Train at 300 MPH and more. Instead of crying about overpopulation, let's use what we have to have some real development, and real factories again in the United States, Canada and Mexico, for starters.
As I told the Political Brief aka "S.L.", you can combine public works and private companies, but LaRouche warns to be careful. You may be bought and sold like a SLAVE. Ever heard of "Fascism and the World Company?" Anyway, the FDR system of public credit for infrastructure, done by public and private contractors has always worked fairly well, despite human frailties. (Government credit is not the same as tax collections).
Maintaining Physical Infrastructure is not just repairing things. This is a key engine of progress in technology. Next stop is to colonize Mars, with our physical, space infrastructure. Infrastructure has NEVER paid for itself, it has always been partially or totally subsidized by government credit. Government credit is the issuing of money to a contractor who helps construct the government infrastructure. Especially, with the ongoing credit crunch and the crashing system, only government credit will be able to build new infrastructure. (Remember, the bubble is over).
If we don't have new, better Nuclear Energy, we will within a fairly short time (20-200 years, it's unclear) run out of cheap, accessible oil. Anyway, oil is a petrochemical feedstock valuable for many other purposes. WE NEED PROGRESS AS A PEOPLE, TO CREATE NEW "NATURAL RESOURCES" OR ELSE.
Then on the home mortgage crisis, can we really let 5 million families be foreclosed on? Should we, because for 5-years (2001-2006) banker thieves were allowed to artificially run up real estate prices using Adjustable rate mortgages and other swindles? No. We must use government, to freeze the mortgages, have minimal payments made, and reorganize the over-inflated real estate market. The bankers created a "market" to double and triple home prices, through deliberate FRAUD. Why do that, when they knew that after a few years, at least from the real oligarchical thinkers, it would collapse?
Maybe it was to allow certain factions (evil, foreign, conspiratorial, British Empire) to seize political power, to ready options such as the soon-to-be Bloomberg Campaign?
By the way, I saw a press conference today. 42 New York State Assemblymen and Senators support the Homeowner and Bank Protection Act, including leading Democrat on the issue, Jeffrey Klein, of the Bronx.
picture at Schiller Institute
Really Long Link
| 39 |
| Vote |
Add To: 
Subscribe to this blog
Comment by S.L.
The Political Brief