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The Bank of Central Planning
The American Thinker ^ | October 13, 2010 | Peter Raymond

Posted on 10/13/2010 3:36:19 AM PDT by Scanian

Democrats have designed the financing mechanism to secure the enormous sums needed to complete their transformative central planning initiatives -- the "green" infrastructure projects and smart growth or "livable communities" agenda. It is called the National Infrastructure Development Bank Act of 2009 (HR 2521), sponsored by Congresswomen DeLauro (D-CT) along with 59 co-sponsors.

In a govtrack.us interview, Representative DeLauro explains that the "size of the federal deficit" is prohibiting access to needed funds for what she calls a "national growth policy." It seems this central planning enthusiast has determined that tax increases and federal borrowing will not meet the financing needs of the left's very ambitious agendas, so she has introduced an alternative financing vehicle.

Undeterred by the national debt crisis exacerbated by the record deficit spending DeLauro supported, the congresswoman remains confident that her legislation will "put the US economy on a track for future economic growth and economic security ... for families." However, the poor track record of economic policies she has supported, such as the American Recovery and Revitalization Act of 2009, does raise doubts about her optimistic assessment of her own proposal.

(Excerpt) Read more at americanthinker.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: delauro; hr2521; infrastructurebank; socialjustice

1 posted on 10/13/2010 3:36:27 AM PDT by Scanian
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To: Scanian

Rosa De Lauro. Dem Congresswoman and as deserving of a photo as the recently retired White House Correspondent, whose name shall remain unmentioned.


2 posted on 10/13/2010 3:42:56 AM PDT by wita
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To: Scanian
From her website:

Rosa DeLauro is currently serving her tenth term as a United States Congresswoman for Connecticut’s 3rd Congressional District. Rosa serves in the leadership of the Democratic Caucus as co-chair of the House Steering and Policy Committee, and chairs the Appropriations Agriculture Subcommittee, where she oversees the nation’s prescription drugs and food safety and supply system and ensures that federal agencies such as the Food and Drug Administration and U.S. Department of Agriculture prioritize science and the public interest. She is also a member of the Labor, Health, and Human Services, and Education Appropriations Subcommittee, which oversees the nation’s investments in labor, health, and education.

3 posted on 10/13/2010 3:57:02 AM PDT by Ken522
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To: Scanian

Why do I keep seeing swastikas as I read this?


4 posted on 10/13/2010 4:56:19 AM PDT by RoadTest (Religion is a substitute for the relationship God wants with you.)
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To: RoadTest

My mother says ‘private-public partnerships’ were very popular with a certain leader when she was in Germany.


5 posted on 10/13/2010 6:02:48 AM PDT by griswold3 ('Regulation and law without enforcement is no law at all)
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To: griswold3

“Why do I keep seeing swastikas as I read this?”

“My mother says ‘private-public partnerships’ were very popular with a certain leader when she was in Germany.”

Thank you! That answers my question.


6 posted on 10/13/2010 6:35:07 AM PDT by RoadTest (Religion is a substitute for the relationship God wants with you.)
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To: griswold3

She (De Lauro) longs for Fascism.


7 posted on 10/13/2010 6:37:11 AM PDT by PogySailor (The ruling class will not go down easily. And neither will their paid hacks.)
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