  Z80APremium
join:2009-11-23 | Greece! When will these idiots realize that we are beyond out of money? | |
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 | | | Re: Greece! said by Z80A:When will these idiots realize that we are beyond out of money? And how is it that we are OUT of money? Give us the numbers. Thanks. | |
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| | | | Are you serious? This country is and has been broke for sometime. By the end of the year, our deficit is going to be 62% of the gdp. That is insane. | |
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| | | | | Re: Greece! said by dr3yec:Are you serious? This country is and has been broke for sometime. By the end of the year, our deficit is going to be 62% of the gdp. That is insane. Cool. | |
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| | | | | | Re: Greece! It's obvious that ignorance is bliss for you. That's why this country is in such bad shape... there are way too many of you around. | |
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| | | | |  n2jtx
join:2001-01-13
Glen Head, NY
 ·Optimum Online
| Re: Greece! said by matrix3D:It's obvious that ignorance is bliss for you. That's why this country is in such bad shape... there are way too many of you around. Personally I am not ignorant but I could care less about it any more. There is no one you can vote for who will fix it. Neither political party will fix it. The best I can do is make sure I have enough financial diversity and escape options to avoid total ruin. My long term financial plan does not include receiving Social Security or Medicare as I am sure they will be insolvent by the time I am old enough to collect in twenty years (under the current age limits - they will change - trust me). The best any American citizen can do is make sure that they are prepared for what is coming. The people being paid to care (our elected representative) don't seem to so how can we?
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I support the right to keep and arm bears. | |
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| | | | |  RallyBah HumbugPremium
join:2000-10-27
Astoria, NY
·RoadRunner Cable
1 edit | we're not running out of money, we're not in some 'crisis' of doomsday with a twist of 2012 anarchy.
we go thru cycles. This could be a plethora of different situations/scenarios. We always rebound back, and more and more people become wealthy and what not.
the only people who cry about how this country is in so much debt, and it's doom and gloom are:
politicians, charity orgs, people who just like to focus on everything negative and few other people.
believe me, my rich friends are still rich and still making more money than god. change the way you see things, and surround yourself with wealthy people, and you'll see how this country isnt in debt, or doomed and gloomed.
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I tie a rope around my penis and jump from a tree. Dont you want to grow up and be just like me. | |
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| | | | | | | | Re: Greece! said by Rally:we're not running out of money, we're not in some 'crisis' of doomsday with a twist of 2012 anarchy. we go through cycles. This could be a plethora of different situations/scenarios. We always rebound back, and more and more people become wealthy and what not. the only people who cry about how this country is so much debt, and it's doom and gloom are: politicians, charity orgs, people who just like to focus on everything negative and few other people. believe me, my rich friends are still rich and still making more money than god. change the way you see things, and surround yourself with wealthy people, and you'll see how this country isn't in debt, or doomed and gloomed. THIS!! Thank you for a calm and level headed response. | |
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| | | | | |  FBGuyyippee ki yayPremium
join:2005-03-19
·Comcast
 ·T-Mobile US
 ·AT&T U-Verse
| said by Rally:we're not running out of money, we're not in some 'crisis' of doomsday with a twist of 2012 anarchy. we go thru cycles. This could be a plethora of different situations/scenarios. We always rebound back, and more and more people become wealthy and what not. the only people who cry about how this country is so much debt, and it's doom and gloom are: politicians, charity orgs, people who just like to focus on everything negative and few other people. believe me, my rich friends are still rich and still making more money than god. change the way you see things, and surround yourself with wealthy people, and you'll see how this country isnt in debt, or doomed and gloomed. +1 | |
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| | | | | | Z80APremium
join:2009-11-23 Reviews:
·Cox HSI
1 edit | This goes beyond cycles. Debt levels haven't been this high since WWII and we didn't have the unfunded liabilities then that we have now so there is little hope of paying it down as we did after WWII.
So we currently borrow hand over fist to cover these massive deficits. Two things happen. We have to pay interest and the interest payments consume more and more of the budget. Two, eventually we can't borrow any more and/or we have to start printing money to fill in the gaps resulting in hyperinflation. That affects ALL Americans.
Just the interest payments on this debt could eclipse a trillion dollars.
You will see it when California files for bankruptcy. You will see it when interest rates start skyrocketing. You will see it when greedy public employee unions demonstrate in the streets like they do in Greece. You will see it when the economy collapses again, harder than ever.
You can't now borrow your way out of debt and debt as a percentage of GDP is hugely important to economic stability and future viability.
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"Our goal (was to make) a billion phones Flash-enabled by 2010...We're actually going to get 1 billion Flash-enabled phones by 2009." -Adobe Chief Technology Officer Kevin Lynch in Nov 2008. | |
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| | | | | | | | | Re: Greece! said by Z80A: Debt levels haven't been this high since WWII And even then, the country came up out of it. So again, it's a cycle. The sky is NOT falling. | |
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| | | | | | | | Z80APremium
join:2009-11-23 Reviews:
·Cox HSI
1 edit | Re: Greece! Again, that is because we didn't have the unfunded liabilities then that we have now. Also WWII was massive TEMPORARY spending. Congress and this Administration are spending like drunken sailors with NO end in sight.
The sky is falling like a rock. The fake recovery will stall and fall backward. | |
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| | | | | | | | | WhatNowPremium
join:2009-05-06
Charlotte, NC | Re: Greece! It is the group that spent money like drunken sailors when they were in power at the same time they were reducing taxes to the wealthy. When they get back in power let's see if they curb spending to their friends. The Administration should cut off any discretionary spending to the areas that the Representatives cry the loudest to cut spending. Sometimes you need to get what you ask for.
If I had a magic wand I would say you collect the taxes this year and what you have in the bank is what you can spend next year. I am all for balanced budgets just tell me what you will cut besides your waste and fraud. I hate debt my 30 year house loan will be paid off next year in only 5 years. If more people would budget like that we would not have the problems we have now.
The problem is so much of the budget is to pay for debt service instead of current needs. | |
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| | | | | | | | | Z80APremium
join:2009-11-23 Reviews:
·Cox HSI
4 edits | Re: Greece! Actually the burden (the share of revenues paid) by the highest income earners increased throughout the 2000's. The rich paid more and poor paid less.
»www.irs.gov/taxstats/indtaxstats···,00.html
And you are right, the Neo-con jerkoffs ran deficits in the $200B range the entire decade but by 2006 they were decreasing and about $160B when the Pelosi Politburo took over. Then the deficits skyrocketed immediately to $400B. Now it is $1.8T with no end in sight.
Make ALL government spending discretionary.
Cut everything...non-so-so security entitlements, pentagon, eliminate ALL gov't pensions and let them slum it in the So-So security pool with the rest of us. To fix so-so security raise the retirement age to 70 for anyone under 60, eliminate so-so security payments to higher income retirees (anyone making more than $60K/yr) and eliminate the cap on So-so security contributions. Instant solvency for So-so security.
Across the board 25% cut (REAL cuts, not the bullshit Democrat cuts which are just cuts in increases) in EVERY portion of government including defense and social programs and then freeze that spending for 5 years. Strict means testing for ALL benefits. No cost of living increases, no increases period. Cut government worker pay by 15% across the board and no public employee pay increases for 5 years and after that index their increases to those in the private sector. Gov't hiring freeze for 5 years. Let the government roll back like American business and families have had to. Gov't union workers go on strike...fire them and replace them. With 18+% underemployment there are plenty who would love those jobs.
Make all tax increases require a super majority. All new programs with a CBO cost over $200B/yr require a super majority. Make it impossible to create titanic programs or raise taxes unless there is consensus of both parties.
Eliminate capital gains taxes and make those profits taxable as income at the earner's marginal rate, just like other sources of income.
Outlaw the deemed passed bull crap like that just used by Pelosi to get over a trillion without having to actually have a budget.
Lastly pass a Balanced Budget Constitutional Amendment and get it ratified so that drunken sailors of any party can't get us in this mess again.
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"Our goal (was to make) a billion phones Flash-enabled by 2010...We're actually going to get 1 billion Flash-enabled phones by 2009." -Adobe Chief Technology Officer Kevin Lynch in Nov 2008. | |
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| | | | | |  TzaleProud Libertarian ConservativePremium
join:2004-01-06
NYC Metro | said by Rally:we're not running out of money, we're not in some 'crisis' of doomsday with a twist of 2012 anarchy. we go thru cycles. This could be a plethora of different situations/scenarios. We always rebound back, and more and more people become wealthy and what not. the only people who cry about how this country is in so much debt, and it's doom and gloom are: politicians, charity orgs, people who just like to focus on everything negative and few other people. believe me, my rich friends are still rich and still making more money than god. change the way you see things, and surround yourself with wealthy people, and you'll see how this country isnt in debt, or doomed and gloomed. Who said wealthy people were becoming poor? The GOVERNMENT is!
-Tzale
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They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety.
-:-
"I believe the very heart and soul of conservatism is libertarianism."~Ronald Reagan
-:-
www.freestateproject.org - LIVE LIBERTY | |
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| | | | | | | | I do agree with you that we go through cycles and aren't facing a doomsday. (It could happen but would take some truly horrible decisions to be made that just aren't likely to happen.) It's also true that more people tend to become wealthy over time. The bad thing is the division between the wealthy and the poor is becoming much greater over time.
Consider the classic example of the difference between an entry level employee in a company (say a secretary) and the people at the top (say a CEO.) In the 60s the difference would have been on the order of 10x. Now the difference may be 40-50x. That shows that while there may be more rich people it does seem that the money tends to move towards the high end. | |
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| | | | TzaleProud Libertarian ConservativePremium
join:2004-01-06
NYC Metro | said by tdouglas22:said by dr3yec:Are you serious? This country is and has been broke for sometime. By the end of the year, our deficit is going to be 62% of the gdp. That is insane. Cool. You're an uneducated fool to not realize how serious the problem is.
-Tzale
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They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety.
-:-
"I believe the very heart and soul of conservatism is libertarianism."~Ronald Reagan
-:-
www.freestateproject.org - LIVE LIBERTY | |
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| | | | | | | Re: Greece! said by Tzale:You're an uneducated fool to not realize how serious the problem is. -Tzale First of all, the name calling is not necessary and it is very immature. Secondly I understand the serious nature of the problem but I, unlike others, am not about to frame this into a doomsday scenario. This is what would best be described as a rough spot. We've been in them before and we will get out of this one as well. In the meantime we should not stop progressing forward. What many people fail to realize is that a lot of this spending is actually an investment in the country. There's a difference between an investment and just spending with no return for purchases made. | |
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| | | | Z80APremium
join:2009-11-23 Reviews:
·Cox HSI
| Re: Greece! said by FBGuy:said by dr3yec:Are you serious? This country is and has been broke for sometime. By the end of the year, our deficit is going to be 62% of the gdp. That is insane. for how manyhudred years? Until we simply print massive amounts of money to cover it and those dollars in your bank account become more and more worthless.
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"Our goal (was to make) a billion phones Flash-enabled by 2010...We're actually going to get 1 billion Flash-enabled phones by 2009." -Adobe Chief Technology Officer Kevin Lynch in Nov 2008. | |
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| | | | | wierdo
join:2001-02-16
Tulsa, OK Reviews:
·Cox HSI
·T-Mobile US
| Re: Greece! said by Z80A:Until we simply print massive amounts of money to cover it and those dollars in your bank account become more and more worthless. You might want to look out the window, bud. We're in a deflationary environment, not an inflationary one. We could print another trillion bucks and it wouldn't even begin to put a dent in the hole of dollars destroyed by our recent troubles.
Certainly the bond market isn't concerned about lending the US Government more money given the current yields on treasuries. Obviously deficit spending cannot continue at current levels for all that much longer, but predictions of hyperinflation are beyond premature.
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It's wierdo, not weirdo. Yes, I know that's not the 'proper' spelling of the similar english language word.  | |
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| | | | | | Z80APremium
join:2009-11-23 Reviews:
·Cox HSI
4 edits | Re: Greece! Alas, inventing only trillion dollars would barely cover 1/2 the year's deficit. They would have to invent 1.8T every year just to break even. Invent 10 trillion and see what happens.
Meanwhile bond yields are at or near lifetime lows and prices are at highs because everything else is a complete disaster. It isn't that bonds are now oh so safe and attractive. So long as the Chinese continue to loan, the gov't can hold off inventing massive amounts of money but they have already signaled their intent to stop. And then on to the printing presses for not a trillion, but trillions upon trillions.
Hyperinflation is a monetary event that happens very quickly, not an economic one. | |
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| | | | | | | wierdo
join:2001-02-16
Tulsa, OK Reviews:
·Cox HSI
·T-Mobile US
| Re: Greece! said by Z80A:Hyperinflation is a monetary event that happens very quickly, not an economic one. If you really think the two are that divorced, there's no sense in continuing to discuss this.
You can't have hyperinflation without either an extreme expansion of the money supply, which we haven't had nearly as much of as the doomsayers would have us believe or a severe contraction in economic output. We haven't had either of those things.
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It's wierdo, not weirdo. Yes, I know that's not the 'proper' spelling of the similar english language word. | |
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| | | | | | | | Z80APremium
join:2009-11-23 | Re: Greece! Extreme expansion of the money supply is a monetary event, not an economic one and it is coming most assuredly unless spending is cut drastically. And we both know that will not happen. | |
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| | | | | | | | | wierdo
join:2001-02-16
Tulsa, OK Reviews:
·Cox HSI
·T-Mobile US
| Re: Greece! said by Z80A:Extreme expansion of the money supply is a monetary event, not an economic one and it is coming most assuredly unless spending is cut drastically. And we both know that will not happen. If you say so. You seem to be under the impression that the value of the dollar is not directly tied to our economic output relative to the world. By what other benchmark does a fiat currency have value?
Hyperinflation requires inflation, by definition. If we have little to no inflation, hyperinflation is a simple impossibility.
You should be more concerned about deflation, but as with half of the world, you seem to have decided for no particular reason that a deflationary environment is inflationary.
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It's wierdo, not weirdo. Yes, I know that's not the 'proper' spelling of the similar english language word. | |
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| | | | | | | | | | | Re: Greece! Last I check my check, my food cost more, my energy cost more and other necessities cost more too. So, how is this not inflation?
Why should we have to be concerned about deflation. How is deflation a bad thing? So my dollar can buy more today than yesterday is a bad thing? | |
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| | | | | | | | | Z80APremium
join:2009-11-23 Reviews:
·Cox HSI
1 edit | Re: Greece! said by cw30000:Last I check my check, my food cost more, my energy cost more and other necessities cost more too. So, how is this not inflation? That is because the gov't conveniently leaves out food and energy from 'core inflation' statistics. It is easy to have low inflation when you ignore in-demand items subject to inflation such as food and energy. And for others like CPI, they're manipulated through "seasonal adjustments" and weighting.
Deflation is bad because it feeds itself. Deflation is bad for producers, thus they have to control costs by firing people leading to lower demand, lower prices and more firings; lower demand, lower prices and more firings...etc.
A far more likely short term scenario is stagflation...high inflation with little to no economic growth.
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"Our goal (was to make) a billion phones Flash-enabled by 2010...We're actually going to get 1 billion Flash-enabled phones by 2009." -Adobe Chief Technology Officer Kevin Lynch in Nov 2008. | |
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| | | | | | | | | wierdo
join:2001-02-16
Tulsa, OK Reviews:
·Cox HSI
·T-Mobile US
| Re: Greece! said by Z80A:A far more likely short term scenario is stagflation...high inflation with little to no economic growth. That, I can agree with.
However, it's plain to see that energy and food prices are well off from their highs.
As far as certain items being excluded from the core inflation number, energy prices are so volatile, that it makes sense to exclude it from core inflation. Added back in to the long term trend, it makes more sense, but when comparing month to month or quarter to quarter, energy and food just muddy the waters.
In any event, however you calculate it, inflation is extremely low at the moment and yields on government debt is extremely low. The low inflation combined with the low federal funds rate tells us that deflation is a reasonable possibility. The low yield on government debt tells us that those buying the debt don't think hyperinflation is a likely scenario.
Interestingly, if you look at corporate balance sheets, you'll notice most companies are hoarding cash like mad right now. If that reverses, it might be time to consider tightening the money supply.
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It's wierdo, not weirdo. Yes, I know that's not the 'proper' spelling of the similar english language word. | |
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| | | | | FBGuyyippee ki yayPremium
join:2005-03-19 | those dollars in my bank account are yen | |
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| | | | | | jniamehrPremium
join:2003-10-09
Roslyn, NY | Re: Greece! +1 | |
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| |  cdruGo ColtsPremium,MVM
join:2003-05-14
Fort Wayne, IN
kudos:5
·Frontier FiOS
| said by tdouglas22:And how is it that we are OUT of money? We're not. We can always print more if we run out. | |
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| | | | | Re: Greece! Obviously, you've never studied economics at all. Increasing the money in circulation does nothing except devalue the dollar and trigger inflation. You can't just go pick more bills off the money tree. | |
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| | | | cdruGo ColtsPremium,MVM
join:2003-05-14
Fort Wayne, IN
kudos:5 Reviews:
·Frontier FiOS
| Re: Greece! said by matrix3D:Obviously, you've never studied economics at all. Increasing the money in circulation does nothing except devalue the dollar and trigger inflation. You can't just go pick more bills off the money tree. Obviously you never studied sarcasm at all. | |
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| | | |  AlcoholPremium
join:2003-05-26
Climax, MI
kudos:3
·Comcast
| said by matrix3D:Obviously, you've never studied economics at all. Increasing the money in circulation does nothing except devalue the dollar and trigger inflation. You can't just go pick more bills off the money tree. True for every country and semi true for usa. Being #1 gives us the confidence of investors. Which is why the dollar is considered the safest investment in the world.
We can print/borrow money for now, until the dollar devalues enough that people lose confidence, but i don't see that happening anytime soon.
US deficit will always exist as no president wants to be the one to raise taxes and cut budgets due to politics.
All we can do is not spend excessively but that isn't happening with the current President and and previous one didn't help the cause.
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I found the key to success but somebody changed the lock. | |
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| zolcos
join:2010-05-19
Houghton, MI | Being "out of money" isn't really the biggest concern here -- it's greed. The real problem is that the grants portion of this stimulus will likely be simply pocketed by network operators and not actually used to expand the infrastructure, just like last time the government gave them wads of cash with no oversight. | |
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| |  rit56
join:2000-12-01
New York, NY | Re: Greece! Like to Banks? You are correct Mr. Zolcos. | |
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| Reviews:
·Verizon FiOS
| said by Z80A:When will these idiots realize that we are beyond out of money? U.S. will never be out of money - we can print as much as we like, which is exactly what has been propping up the economy so far. | |
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| | | | Re: Greece! said by nasadude:said by Z80A:When will these idiots realize that we are beyond out of money? U.S. will never be out of money - we can print as much as we like, which is exactly what has been propping up the economy so far. more you print to finance debt more inflation and things cost...eventually you get 1930's germany requiring a wheel barrow ot buy a box of kraft dinner | |
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approval from:
Tzale 
| You'll know when we are truly out of money because our endless wars will... end. | |
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| jdir
join:2001-05-04
Santa Clara, CA | The saying goes
If you owe the bank thousands (a small amount), then the bank owns you.
If you owe the bank millions (a large amount), then you own the bank.
apply to US deficit
if you owe trillions (14-15 trillions), then you own the world.
Dare any country or anyone to make US file for bankruptcy. Not going to happens. | |
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| mworks
join:2006-06-13
Faison, NC
1 edit | According to »usdebtclock.org/
We only need $353,000.00 per citizen to pay off everything, come on folks pay up !
Washington logic :
We are not out of money. People can open up their wallet and there are bills inside. The banks have plenty of it too ! When have you ever seen a bank out of money, if they don't have enough well they just let us know and we run off another batch. | |
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| Reviews:
·Comcast
| said by Z80A:When will these idiots realize that we are beyond out of money? Don't get your hopes up, even with an election change in Nov i don't see much change to come. spend, spend, spend. its been there motto for years. hell they passed there own raise what a year ago when the economy was down. there book smart but not common sense smart. After this years election we need a third party to step up and I'm hoping the Libertarian party steps up to the plate. | |
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 Duramax08A Challenger AppearsPremium
join:2008-08-03
San Antonio, TX | So Wheres my fiber? | |
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| | How much will go to acorn, the dnc, corporations, etc Before any of it is used for actual buildouts? | |
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| | Not out of money There's no such thing as being out of money. The US Federal Reserve has more money than you can ever set your eyes on. I don't care what any politician tells you. America is not broke. Don't fall for that crap. | |
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See 6 replies to this post |
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cacoPremium
join:2005-03-10
Whittier, AK | In big picture this is not a lot of money. Look over the places that are getting these grants. Most are in the boonies and this money to build these networks should spur economic growth. Yes Congress has a spending problem butthis spending looks to be beneficial to us in the long run.
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Politicians and diapers have one thing in common. They should both be changed regularly, and for the same reason. | |
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| | Ok... Well as a veteran I would say give as much to the military as possible. While I was in we had to deal with Vietnam flak jackets, tents, M-16 and over all crappy equipment. It for lack of better word it sucked. However the "war" shouldn't have taken this long either. In terms of the long run I would say yes, expand the broadband network again because I live 12 miles in the country and only have 2 ISP's to choose from, satellite or a mom and pop ILEC that charges crazy high prices. More over the U.S. is getting further and further behind the rest of the world as far as technology goes. In my opinion people need to stop complaining and do what our forefathers did. Dig in put our head down and keep pressing forward to be the the powerful juggernaut that we can be. This bickering back and forth isn't fixing or helping anything. | |
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| TzaleProud Libertarian ConservativePremium
join:2004-01-06
NYC Metro | Re: Ok... said by Builder :
Well as a veteran I would say give as much to the military as possible. While I was in we had to deal with Vietnam flak jackets, tents, M-16 and over all crappy equipment. It for lack of better word it sucked. However the "war" shouldn't have taken this long either. In terms of the long run I would say yes, expand the broadband network again because I live 12 miles in the country and only have 2 ISP's to choose from, satellite or a mom and pop ILEC that charges crazy high prices. More over the U.S. is getting further and further behind the rest of the world as far as technology goes. In my opinion people need to stop complaining and do what our forefathers did. Dig in put our head down and keep pressing forward to be the the powerful juggernaut that we can be. This bickering back and forth isn't fixing or helping anything.
The military would be a waste to invest even more money in. We need to fix our problems at home before we fix other country's problems.
-Tzale
--
They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety.
-:-
"I believe the very heart and soul of conservatism is libertarianism."~Ronald Reagan
-:-
www.freestateproject.org - LIVE LIBERTY | |
|
dynodbPremium,VIP
join:2004-04-21
Minneapolis, MN | Government efficiency in action This $5.2 million grant/loan middle mile project will allow Cooper Valley Telephone Coop. to extend terrestrial wireless broadband connectivity to
McCarthy, AK. When complete, the project will offer upgraded service to more than 60 Alaskans and nearly 20 local businesses and other
community institutions that currently can only subscribe to satellite service. Roughly $65,000 per person and business for WiFi. No wonder that Uncle Sam is broke. | |
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| | | Re: Government efficiency in action I live a mile from cable service, with in that mile there are 20 houses, 11 of which I know for a fact want Broadband service, I personally would get the full package, tv, broadband, phone. I figure others would as well. Some people might just want the tv service, or a mix of services. But there is a market here for it and growing. I can't get metrocast to extend their service for nothing. I've asked them about getting one of these government grants, nothing. Got in touch with my Representative, nothing. So how the hell this work?
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| iansltx
join:2007-02-19
Golden, CO
kudos:2 | No kidding. Pretty sure those 60 residents and 20 businesses would rather just have the $65k a pop.
Heck, I'll bet any WISP here could extend service to these folks for $65K TOTAL... | |
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| | wierdo
join:2001-02-16
Tulsa, OK Reviews:
·Cox HSI
·T-Mobile US
| Re: Government efficiency in action said by iansltx:Heck, I'll bet any WISP here could extend service to these folks for $65K TOTAL... You might want to consult a map.
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It's wierdo, not weirdo. Yes, I know that's not the 'proper' spelling of the similar english language word. | |
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KiwiPremium
join:2003-05-26
USA/MidWest
kudos:1 Reviews:
·Comcast
| Waste This is NOT the first time the government has provided ample loads of gold to expand broadband in this country, the problem is that the money goes into a CEO's pocket and nothing gets done.
The one thing we are truly short of is indeed oversight of money given for a specific purpose; the rates never come down from services and expansion has not occurred, so what happened to the last two baskets of gold?
I hate waste and there is far too much of it going on. | |
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| AlcoholPremium
join:2003-05-26
Climax, MI
kudos:3 Reviews:
·Comcast
| Re: Waste said by Kiwi:This is NOT the first time the government has provided ample loads of gold to expand broadband in this country, the problem is that the money goes into a CEO's pocket and nothing gets done. The one thing we are truly short of is indeed oversight of money given for a specific purpose; the rates never come down from services and expansion has not occurred, so what happened to the last two baskets of gold? I hate waste and there is far too much of it going on. Yeah, there is no reason for this grant. The companies should expand on their own, but since CEOs know government will give them aid to do their job, they wait for this.
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I found the key to success but somebody changed the lock. | |
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| | Grants for rural muni's. These grants are for home grown systems, not the big boys as far as i can tell.
- A
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LETS GO METS! | |
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| iansltx
join:2007-02-19
Golden, CO
kudos:2 | Re: Grants for rural muni's. Just make sure it's all fiber, and that the cost per home passed is less than $2500, and I'm not going to complain too loudly. If you're spending that much with wireless, or if you're spending $5k per connected home for fiber, UR DOIN IT RONG! | |
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| | | | Re: Grants for rural muni's. Labor, equipment, permits, fuel for vehicles, it all adds up.
- A
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LETS GO METS! | |
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| | | iansltx
join:2007-02-19
Golden, CO
kudos:2 | Re: Grants for rural muni's. Not that fast, it doesn't. | |
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mworks
join:2006-06-13
Faison, NC | $5 million for 60 people ? You can tell it is the government at work.
Only $86,000 per person , What a bargain ! At $50 a month per home that is only 143 years to start making a profit !
This $5.2 million grant/loan middle mile project will allow Cooper Valley Telephone Coop. to extend terrestrial wireless broadband connectivity to Cooperative Incorporated McCarthy, AK. When complete, the project will offer upgraded service to more than 60 Alaskans and nearly 20 local businesses and other
community institutions that currently can only subscribe to satellite service. The project will include significant non-federal investment. Beyond
the jobs it creates upfront, the project will open McCarthy to future economic and business development. | |
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| | Errrr Question is, where is the money come from, and where are they going to go to? Feels like it's just another scam to get money from us, taxpayers, to the telcom businesses/contractors. | |
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j2sw
join:2006-05-02
Williamsport, IN | We need more stuff to make We don't make "stuff" like we did in WWII and up until the 80's. We, as a country, consume more than we sell. Heck, even green beans come from china. We have to create stuff in order to have things to sell.
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»www.mtin.net/blog
»j2sw.mtin.net/blog | |
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