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The part about setting up a governmental bank to lend directly to business seems relevant. And the part about congress being bought reminds me of the patent dis
by nodata 15y ago
The part about setting up a governmental bank to lend directly to business seems relevant. And the part about congress being bought reminds me of the patent discussions here.
Edit: ignoring his presentation, do you disagree with what he says?
- anigbrowl 15y agoYes, for a few reasons. Sure, I think money has had a corrupting influence on Congress, to the point of regulatory capture of legislatures by business in many cases. But: - It's misleading to just say everyone in Congress is bought, as if tall legislators were equally corrupt. This discourages analysis rather than promoting it. - while I think an infrastructure bank is a good idea and should have been implemented back in Spring 2009, the idea that the President can just bring one into being by fiat is laughable. - particularly a President that ~20% of the electorate entertains wild conspiracy theories about. - it was said of Teddy Roosevelt: 'You must always remember that the President is about six.' I feel the same way about the emotional maturity of people who wish the President would solve problems by thumping a bully pulpit or swinging a big stick. Not that I'm endorsing Obama's apparent passivity in the face on Congressional instransigence; he puts me in mind of Taft, another well-meaning but unworldly executive.