POLITICAL: Make work, and infrastructure, is just inflation spending!

Saturday, October 18, 2008

http://channel-surfing.blogspot.com/2008/10/use-public-works-to-put-public-to-work.html

Friday, October 17, 2008

Use public works to put the public to work

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Anyone who thinks we can balance the federal budget and dig ourselves out of the financial quagmire is just fooling themselves. We can’t, and Paul Krugman explains why today:

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On the other hand, there’s a lot the federal government can do for the economy. It can provide extended benefits to the unemployed, which will both help distressed families cope and put money in the hands of people likely to spend it. It can provide emergency aid to state and local governments, so that they aren’t forced into steep spending cuts that both degrade public services and destroy jobs. It can buy up mortgages (but not at face value, as John McCain has proposed) and restructure the terms to help families stay in their homes.

And this is also a good time to engage in some serious infrastructure spending, which the country badly needs in any case. The usual argument against public works as economic stimulus is that they take too long: by the time you get around to repairing that bridge and upgrading that rail line, the slump is over and the stimulus isn’t needed. Well, that argument has no force now, since the chances that this slump will be over anytime soon are virtually nil. So let’s get those projects rolling.

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Amen.

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Posted by Hank Kalet at 5:38 PM

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fjohn said…

Can’t you see the utter absurdity of the gooferment printing more money to spend on make work projects? They are counterfeiters! See that’s why they want you confused about what is money. (And have done a superb job of dumbing down the entire population!)

Forget the “dollar”. It’s meaningless. It’s not a store of value, unit of account, or useful intermediary.

Lets pretend that a gallon of gas is a unit of money. How can the gooferment just print gallons of gass? It can certainly print more receits for gallons of gas, but someone is going to get screwed when they can’t redeem their receit for the gallon it represents.

So too, regardless of what you think a dollar represents, somebody in this “printing press” money gets screwed.

Let’s have a guessing game?

Senior citizens on fixed income as prices rise! Very good.

Anyone who holds an “old dollar” as the new ones get printed. Excellent!

Any one who has to buy something. You get the prize!

Who wins? (If there are losers, there has to be winners!)

Politicians who get to spend these counterfiet dollars first.

Unions, especially gooferment ones, who have contracts tied to the minimum wage or inflation escaators.

Those who hold commodities and land. (The gooferment can’t print more of those.)

So, now maybe, just maybe, you will see this as the fraud, the theft, the cheating of the poor, that it really is.

How fortunate we have the gooferment to save us all.

{Shaking my head in disbelief. How can smart people be soooo blind!}

Sheeple!

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Posted by reinkefj

RANT: LICENSE, lisence, … we don’t need no sinkin licenses!

Saturday, October 18, 2008

http://www.lewrockwell.com/rockwell/joe-the-outlaw.html

Joe the Outlaw by Llewellyn H. Rockwell, Jr.

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But the New York Times did some digging and discovered – horror – that Joe is doing plumbing without a proper business license. How dare he call himself a plumber! A license is required by Toledo, not just one license for a partnership but for everyone who is called a plumber. Joe has not taken the training courses, is not a member of the union, and cannot legally call himself a plumber.

The press reports on this were explosive, with reporters speaking as if they had caught this guy red-handed and completely discredited him. But what about the complete absurdity of the idea that you have to have a license in order to have the right to fix someone else’s sink? This is Soviet like, but deeply entrenched in American professional life.

The idea of licensing is that it assures quality standards. But this is just a cover used by guilds since the Middle Ages. The real goal of licensing is to create a professional cartel. Fewer providers means higher wages for those with licenses. It is all about boosting income by restricting competition. This is of course a violation of human rights because it impinges on the fundamental freedom of association.

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Lew got this online before I could, And, of course, did it much better than I could. But, this is what I first thought when the press ‘discovered’ the outlaw.

A more important scandal would have been if they could have found an unhappy customer of Joe’s. That would have been a scoop.

Since it’s a successful plumbing business, I’m reasonably sure they would find one. (Well, there’s always one.)

Funny, how the ‘bad’ plumbers always seem to have licenses?

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Posted by reinkefj