Comments on: Muni sweeps: “Picture a better America” http://blogs.reuters.com/muniland/2011/05/03/muni-sweeps-picture-a-better-america/ Bridges, budgets, bonds Mon, 24 Nov 2014 00:29:08 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: econundertow http://blogs.reuters.com/muniland/2011/05/03/muni-sweeps-picture-a-better-america/comment-page-1/#comment-36 Wed, 04 May 2011 14:40:54 +0000 http://blogs.reuters.com/muniland/?p=557#comment-36 GRRR … more one- sided, obsolete arguments for throwing good capital after bad by the vested interests, in this case auto- and heavy equipment manufacturers.

The world exists for these exalted entities at the expense of all else. This is what a hundred years and a trillion barrels of oil wasted and wasting in our space- ship’s atmosphere have bestowed to all of us: cities filled with potholed streets which must be repaired at all cost with more streets added into the bargain!

All of this in the name of ‘growth’ and ‘progress’. Fix the street and Utopia will happen! What are you waiting for!

The costs of this nonsense are beginning to be felt but the denial industry is larger than the auto and infrastructure industries.

The wolf is not quite yet at the door and its ears are not quite yet in the hands of the US establishment so the ‘borrow, then spend on waste’ continuum will proceed … until it physically cannot anymore. Hopefully, there will be something marginally useful left to work with in this country after that happy day passes.

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