Quote:
Originally Posted by thriftylefty
I think we got to keep the Auto industry and the Banks bailed out, what ever is going to replace cars, the auto industry is going to have build it, and nobody can buy any thing big like Houses or cars with out "invisible" money or credit.
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Demand for credit is a side effect of scarce money. Scarce money is a side effect of the disconnect between the marketplace and the money system.
As currently configured by law, the supply of money tokens is borrowed, at usury, into existence. Before that, gold / silver coin was also scarce. Scarce money enriches bankers who lend money or extend credit, at usury.
The automobile industry is highly efficient, pound for pound than many other industries (compare the cost of a bicycle to an automobile). However, all automobiles are entirely dependent upon petroleum, for fuel, lubrication, synthetic rubber tires, plastics, fabric, polymer films in safety glass, and the asphalt pavement. Since we import roughly 70% of our consumption, it is unrealistic to subsidize it.
In 2007 consumption rates
1 million barrels of oil = one hour U.S. consumption
1 billion barrels of oil = one month U.S. consumption
1 trillion barrels of oil = one human lifetime ...
The ANWR field in Alaska, for example, has about 20 billion barrels, or 20 months of supply for the U.S.
The U.S.A. has the legacy of being a big country that was once "king of oil". Problem is, although the U.S.A. lost the crown in the 1970s, 30 years later, it still has not lost the mindset. And now we import 70% percent of our oil. We can't afford to remain oil junkies. And there is no alternative that can supply the equivalent of 24 million barrels / day 'habit'.
The best estimates for worldwide petroleum reserves is only 40-50 years - then collapse.
To reduce petroleum consumption requires a renaissance of rail - steel wheel on steel rail. That will require a massive initiative to not only electrify all mainline railroads, but rebuild all the urban streetcar systems that were deliberately destroyed by the oil interests.
An electric powered mass transit system is the only viable option to replace 70-80% of the petro-cars, and their demand for petroleum.
Quote:
Originally Posted by thriftylefty
I think National health care will work if there is a stipulation that you have to work a job to get it, The key to getting the economy back running is to create demand even if it is smoke a mirrors
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National Health Care will never work efficiently nor effectively.
The demand will outstrip the supply of caregivers and supplies, causing long delays and rationing.
"Emergency Care" will become triage.
Socialist policies already "require" everyone to work. But "smart people" have figured out many ways to become an "official recipient", and feed from the public trough, whether in the administration or as a beneficiary.