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To: Willie Green
"...funded through the issuance of tax-free bonds."

Taxes have to be paid. Investments that draw capital away from the private market, cause there to be less funds available in the taxed market, which means higher rates. There is no free lunch. You have a very shallow comprehension of economics.

13 posted on 02/11/2010 7:25:16 AM PST by Leisler (We are in the best of hands)
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To: Leisler
Taxes have to be paid. Investments that draw capital away from the private market, cause there to be less funds available in the taxed market, which means higher rates. There is no free lunch. You have a very shallow comprehension of economics.

Those private market firms who are "too big to fail" have proven themselves to be negligent and irresponsible investors.
So perhaps it's time for taxpayers to invest in public infrastructure. At least then we get a tangible structure for our taxes instead of an empty hole in our pockets.

19 posted on 02/11/2010 7:46:03 AM PST by Willie Green
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