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(John) Kerry set to introduce bipartisan infrastructure bank bill
The Hill ^ | March 14, 2011 | By Vicki Needham

Posted on 03/14/2011 12:04:28 PM PDT by maggief

Democratic Sen. John Kerry (Mass.) will introduce bipartisan legislation later this week to create a federal infrastructure bank to fund major projects around the nation, an aide told The Hill.

Kerry has at least one Republican senator backing the initiative — the American Infrastructure Financing Authority — that will initially cost about $10 billion and provide loans and loan guarantees for large, much-needed infrastructure projects.

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


TOPICS: Business/Economy; Front Page News; Government; News/Current Events
KEYWORDS: aifa; aifi; boondoggle; buildamericabonds; infrastructure; johnkerry; johnmica; johnthune; raylahood; ronwyden; tbtf; toobigtofail; trips
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To: TopQuark

It is what I “thought” I said. At least what I was trying to convey.


21 posted on 03/14/2011 12:26:03 PM PDT by edcoil (Democrat's and vampires should never be invited in your home.)
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To: maggief

GOPer could be Dick Lugar...


22 posted on 03/14/2011 12:26:17 PM PDT by ken5050 (Admin Moderators rule!!!!)
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To: DManA
How is a government slush fund in any way connected to capitalism?

In no way whatsoever, I agree. But please look again at the post to understand what I said. I replied to:

banks that... screw the American people.

That's ages-old, boring, routine socialist propaganda. Unfortunately, many "conservatives" internalized it as well.

23 posted on 03/14/2011 12:27:04 PM PDT by TopQuark
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To: edcoil

Wonderful! I am glad to see we are in agreement. Thank you for the clarification.


24 posted on 03/14/2011 12:28:31 PM PDT by TopQuark
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To: maggief

They already ruined this years IRS tax season with the delays and new forms causing chaos and Schedule B to not be accurate. Banks are now charging ridiculous fees. What more could they possibly do to eff things up?


25 posted on 03/14/2011 12:29:00 PM PDT by Dubya-M-DeesWent2SyriaStupid! (Obama:If They Bring a Knife to the Fight, We Bring a Gun (the REAL Arizona instigator))
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To: TopQuark

Kerry has at least one Republican senator backing the initiative.

LOL A Republican senator who insists on remaining anonymous.

I don’t blame him/her.


26 posted on 03/14/2011 12:30:17 PM PDT by DManA
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To: ken5050

How about Snowe?

She’s on the Finance Committee.


27 posted on 03/14/2011 12:33:14 PM PDT by maggief
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To: maggief
Kerry has at least one Republican senator backing the initiative —

Let me guess McCain or Graham?

the American Infrastructure Financing Authority — that will initially cost about $10 billion and provide loans and loan guarantees for large, much-needed infrastructure projects.

No thanks, Kerry. Get rid of the dangerous amendments here if you want to look like you are doing something.

http://en.wikipedia.org/wiki/Community_Reinvestment_Act

28 posted on 03/14/2011 12:35:33 PM PDT by Dubya-M-DeesWent2SyriaStupid! (Obama:If They Bring a Knife to the Fight, We Bring a Gun (the REAL Arizona instigator))
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To: maggief

Today is 2234 days since 01/30/2005, when Hanoi John Effin Kerry promised, on national TV, to sign form SF-180 and release his military records.

29 posted on 03/14/2011 12:38:06 PM PDT by MarineBrat (Better dead than red!)
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To: maggief

Unless these “infrastructure” projects produce a lot of revenue taxpayers will pay off the bonds.


30 posted on 03/14/2011 12:38:29 PM PDT by Brad from Tennessee (A politician can't give you anything he hasn't first stolen from you.)
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To: maggief

Hopefully it is DOA in the House.


31 posted on 03/14/2011 12:44:23 PM PDT by Uncle Hal
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To: DManA
Slush fund is right. Didn't the dems already offload billions in stimulus to help with infrastructure/highways? I saw one of Obama's famous signs locally and I could not see any improvement to the road.

Just the signs alone cost $20,000,000!

LINK


32 posted on 03/14/2011 12:44:23 PM PDT by Dubya-M-DeesWent2SyriaStupid! (Obama:If They Bring a Knife to the Fight, We Bring a Gun (the REAL Arizona instigator))
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To: Uncle Hal

See post #15.


33 posted on 03/14/2011 12:45:33 PM PDT by maggief
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To: ConjunctionJunction
High speed rail, perhaps?

Please don't say those words. Willie Green will chime in.....

34 posted on 03/14/2011 12:45:37 PM PDT by mlocher (USA is a sovereign nation)
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To: maggief

If we got rid of the unconstitutional Department of Education, that might free up a few bucks for infrastructure. Maybe.


35 posted on 03/14/2011 12:46:09 PM PDT by Colonel_Flagg ("It's hard to take the president seriously." - Jim DeMint)
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To: maggief

I think John Kerry needs to get personally involved in a big infrastructure project somewhere. He’d make a very nice foundational element to a new government building, or something. Certainly, among all the billions being spent, there has to be something that he can be made a part of.


36 posted on 03/14/2011 12:47:34 PM PDT by HKMk23 (It won't be "Justice" until wicked people fry.)
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To: maggief

How is this bill bipartisan?


37 posted on 03/14/2011 12:48:57 PM PDT by dforest
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To: mlocher

Probably a way to fund jobs for unions who will then line the coffers of democrats.

We have spent enough on infrastructure. The money is gone and we have a few filled potholes to show for it.


38 posted on 03/14/2011 12:51:15 PM PDT by dforest
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To: maggief

Seems like Mr. Mica needs to be booted real soon.


39 posted on 03/14/2011 12:53:22 PM PDT by dforest
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To: indylindy

Yeah — your assessment is probably more accurate than mine.


40 posted on 03/14/2011 12:53:44 PM PDT by mlocher (USA is a sovereign nation)
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