2bz

The U.S. Economy After the Bailout

jlounsbury59 wrote: "[T]he way to recovery is through building "things" (rather than financial instruments). These "things" include infrastructure and domestic energy production facilities that can support domestic production of manufactured goods again."

Our infrastructure is in a state of shambles and these projects would most likely not be funded directly by the private sector. Thus, we would be much better served spending the $700,000,000,000 on fixing roads, bridges, etc. even though the return on such investment is even harder to measure than return on financial paper of currently unknown value. Better roads, for example, would contribute to better mileage, less breakdowns, and faster delivery times.

The U.S. Economy After the Bailout

carey_jim wrote: "TARP is yet another request by the executive branch for a rubber stamp approval by Congress."

Have we not learned from the Iraq fiasco?

The U.S. Economy After the Bailout

Gabe Borenstein wrote: The real punishment is being inflicted on Wall Street /financial institutions which will be forced to sell certain assets at the fraction of the face value but are likely to appreciate to the face value -incredible return for the taxpayers.

Hahaha, brilliant! Again "Gabe", you are a source of incredible humor which brightens my day. Wall street being forced to sell their assets at a fraction of face value. That's humor. Hahaha!