Turning The Ballot Box Against Republicans

I hear the democrats are buying up guns by employing the gun show loophole as we speak.

Democrats apparently have no problem with gun ownership.

Let's see how long the GOP allows this gun loophole to remain open now that a black man is leaving office.

Donald wants to outlaw guns in Chicago and stop and frisk. How far will he go?

Was it really ever about gun ownership and the precious second amendment or was it just the right wing racist mantra to try and subvert the will of a black president?

Don't worry, after tRump assumes the presidency we will look like Russia.

To understand what’s going on, it may be helpful to start with what we should be doing. The federal government can indeed borrow very cheaply; meanwhile, we really need to spend money on everything from sewage treatment to transit. The indicated course of action, then, is simple: borrow at those low, low rates, and use the funds raised to fix what needs fixing.

But that’s not what the Trump team is proposing. Instead, it’s calling for huge tax credits: billions of dollars in checks written to private companies that invest in approved projects, which they would end up owning. For example, imagine a private consortium building a toll road for $1 billion. Under the Trump plan, the consortium might borrow $800 million while putting up $200 million in equity — but it would get a tax credit of 82 percent of that sum, so that its actual outlays would only be $36 million. And any future revenue from tolls would go to the people who put up that $36 million.

There are three questions you should immediately ask.

First, why do it this way? Why not just have the government do the spending, the way it did when, for example, we built the Interstate Highway System? It’s not as if the feds are having trouble borrowing. And while involving private investors may create less upfront government debt than a more straightforward scheme, the eventual burden on taxpayers will be every bit as high if not higher.

Second, how is this scheme supposed to deal with infrastructure needs that can’t be turned into profit centers? Our top priorities should include things like repairing levees and cleaning up hazardous waste; where’s the revenue stream? Maybe the government can promise to pay fees in perpetuity, in effect “renting” the repaired levee or waterworks — but that makes it even clearer that we’re basically engaged in a gratuitous handout to select investors.

Third, what reason do we have to believe that this scheme will generate new investment, as opposed to repackaging things that would have happened anyway? For example, many cities will have to replace their water systems in the years ahead, one way or another; if that replacement takes place under the Trump scheme rather than through ordinary government investment, we haven’t built additional infrastructure, we’ve just privatized what would have been public assets — and the people acquiring those assets will have paid just 18 cents on the dollar, with taxpayers picking up the rest of the tab.

Again, all of this is unnecessary. If you want to build infrastructure, build infrastructure. It’s hard to see any reason for a roundabout, indirect method that would offer a few people extremely sweet deals, and would therefore provide both the means and the motive for large-scale corruption. Or maybe I should say, it’s hard to see any reason for this scheme unless the inevitable corruption is a feature, not a bug.

http://www.denverpost.com/2015/10/30/va-hospital-delayed-until-early-2018-but-new-contract-in-place-to-finish-facility/

http://extras.denverpost.com/aurora-va-hospital/