Posted on 07/12/2011 12:39:07 PM PDT by CNSNews
(CNSNews.com) - When talking about infrastructure banks Monday, President Barack Obama sounded a lot like he did when promoting the Recovery act in 2009.
Obama said he’s pushing for a deal on the debt ceiling so lawmakers can move on to tackling targeted job growth, “What we can do is to solve this underlying debt and deficit problem for a long period of time so that then we can get back to having a conversation about, all right, since we now have solved this problem, that’s not, no longer what’s hampering economic growth, that’s not feeding business and uncertainty, everybody feels that the ground is stable under our feet, are there some strategies that we could pursue that would really focus on some targeted job growth, infrastructure being a primary example.”
(Excerpt) Read more at cnsnews.com ...
The infrastructure he is talking about are all union jobs. He is supporting his base, not the American people.
If he is allowed to do this, look next to the nationaization of the banks!
The People send their earnings to DC and then go hat in hands to bureaucrats in “infrastructure banks” to beg for a small portion of it back.
Anyone who thinks this is a good arrangement is a deluded fool.
You may of heard of the Minnesota DOT Transportation Revolving Loan Fund?
State banks I have no problem with. A FEDERAL bank - BIG PROBLEM.
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