I wrote just a couple of posts ago that George Bush got drunk. I'm still figuring out what his intoxication is exactly. As far a counting the pennies he's botched that one up big time. He entered the White House with a budget surplus and is due to pass on to his successor a deficit of $482 billion. Let's round it up to $500 to be on the safe side. This is a staggering amount. It is more than a $1000 for every person that breathes air in the USA! That's the actively employed to the bedridden and the incarcerated. Exclude everyone who isn't working and the message hits home. Every American is working two months out of twelve, not to pay legitimate taxes, but to pay back the spendthrift behaviour of a man who thinks others "got drunk"! Forget the regular taxes, they come on top of this whopping great headache.
PFI can be good or bad
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There is nothing wrong with private capital financing infrastructure. In
the UK it has worked very well for broadband cables. The Thames tideway
tunnel to ...
6 days ago







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