Free market vs Government solutions, amazing

brucefan

EOG Dedicated
One of the most common arguments of people against the Free Market and cutting taxes is that we won?t have any roads nor bridges. Next time you hear that, point them to this article. Here?s a classic demonstration of how the Free Market will work, and why it?s so superior.


Quote:
<TABLE cellSpacing=0 cellPadding=5 width="100%" border=0><TBODY><TR><TD class=alt2 style="BORDER-RIGHT: 1px inset; BORDER-TOP: 1px inset; BORDER-LEFT: 1px inset; BORDER-BOTTOM: 1px inset">Their livelihood was being threatened, and they were tired of waiting for government help, so business owners and residents on Hawaii's Kauai island pulled together and completed a $4 million repair job to a state park -- for free.

Polihale State Park has been closed since severe flooding destroyed an access road to the park and damaged facilities in December.

The state Department of Land and Natural Resources had estimated that the damage would cost $4 million to fix, money the agency doesn't have, according to a news release from department Chairwoman Laura Thielen.

"It would not have been open this summer, and it probably wouldn't be open next summer," said Bruce Pleas, a local surfer who helped organize the volunteers. "They said it would probably take two years. And with the way they are cutting funds, we felt like they'd never get the money to fix it."

And if the repairs weren't made, some business owners faced the possibility of having to shut down.

Ivan Slack, co-owner of Napali Kayak, said his company relies solely on revenue from kayak tours and needs the state park to be open to operate. The company jumped in and donated resources because it knew that without the repairs, Napali Kayak would be in financial trouble.

"If the park is not open, it would be extreme for us, to say the least," he said. "Bankruptcy would be imminent. How many years can you be expected to continue operating, owning 15-passenger vans, $2 million in insurance and a staff? For us, it was crucial, and our survival was dependent on it. That park is the key to the sheer survival of the business."

So Slack, other business owners and residents made the decision not to sit on their hands and wait for state money that many expected would never come. Instead, they pulled together machinery and manpower and hit the ground running March 23.

And after only eight days, all of the repairs were done, Pleas said. It was a shockingly quick fix to a problem that may have taken much longer if they waited for state money to funnel in.

"We can wait around for the state or federal government to make this move, or we can go out and do our part," Slack said. "Just like everyone's sitting around waiting for a stimulus check, we were waiting for this but decided we couldn't wait anymore."

Thielen has been waiting, too. She wants the legislature to approve her Recreation Renaissance project, a $240 million booster shot to help fix parks across the state. Without it, at least five state parks may be forced to close, and there would be no emergency repair money to fix Polihale State Park.

"We shouldn't have to do this, but when it gets to a state level, it just gets so bureaucratic, something that took us eight days would have taken them years," said Troy Martin of Martin Steel, who donated machinery and steel for the repairs. "So we got together -- the community -- and we got it done."

The park is a fixture on the west side of the island and a favorite spot for many in the area, but it's also a hub for tourists.

"Tourism is our lifeblood. It's what pays all of our bills," Slack said. "The money that pours in comes from tourism is really an important factor for everyone here in Hawaii, and it's such an important time to encourage tourism."

And it's an important time to keep jobs, which were threatened if the park had to remain closed. In February, Kauai's unemployment rate was at 9.1 percent, up from 2.8 percent during the same time in 2008, according to Hawaii's Department of Labor.

"I think it's crucial to say the doors are open, everyone is ready," Slack said. "So when one of the most important parks in Hawaii is closed, it really changes things."

Now, because of their hard work, volunteers hope they'll be ready to send that positive message -- right in time for the tourist season.

Slack said he likes to have business up and running by April 15, and the season gets busy around May 1.

The business owners and residents are hopeful that their generous contributions in time and resources mean the park should officially open soon. Pleas says they have only to get the new bridge certified and do minor cleanup.

"A lot of people are quietly sitting by, waiting for it to open," Slack said. "This really this is one of the nicest parks in the state and in all of Hawaii, in the entire state parks department. Now, hopefully, those people get their wish."
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Re: Free market vs Government solutions, amazing

<table style="border-bottom: 1px solid black; margin-bottom: 3px;" width="100%" cellpadding="0" cellspacing="0"><tbody><tr><td>What would Reagan do?

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</td></tr></tbody></table>Editors Note:

<table cellpadding="0" cellspacing="0"><tbody><tr><td style="border-bottom: 1px solid black;">Rick Reiss</td></tr></tbody></table>
Friday, April 10<sup>th</sup>, 2009.
Issue 15, Volume 9.


Last month, members of the Temecula community met at the Ronald Reagan Sports Park to celebrate “Can Do” Day.

The annual Can Do Day event recognizes the time when President Ronald Reagan commended the people of Temecula for their self-reliance and initiative in building the sports park that now bears his name.

On March 3, 1983, while addressing the US Olympic committee, President Reagan remarked, “The folks in a rather small town, Temecula…got together and built themselves a sports park, held fundraising barbecues and dinners. And those who didn’t have money volunteered the time and energy. And now the young people of that community have baseball diamonds for Little League and other sports events, just due to what’s traditional Americanism.”

This year’s Can Do Day featured student speakers reading essays of inspirational self-reliance as well as the captain of the USS Ronald Reagan speaking about President Reagan’s enduring legacy through the dedicated service of thousands of sailors onboard the aircraft carrier.

While listening to the speakers, it was tempting to imagine what Ronald Reagan would say and do to address the dire state of our union today.

Right now our current president and congressional leadership are throwing trillions of taxpayer dollars at bailouts and “pork” larded stimulus bills.

Adding insult to injury, plans are in the works to nationalize large swaths of the private sector, including the financial and healthcare industries.

In light of the revelations that hundreds of millions of tax dollars are going to pay for the bonuses of AIG executives (thank you, Congress), does anybody really believe that the government has the competency and the integrity to manage the personal health and financial affairs for you and your family?

The current economic mess is easily laid at the feet of our federal government. The creation of leviathan bureaucracies like Housing and Urban Development, Fannie Mae, Freddie Mac, along with the Community Reinvestment Act warped the mortgage market.

Ironically, these same big government politicians now heap scorn and blame upon the mortgage industry for their reckless ways.

Yet when is the day of reckoning for those big government bureaucrats who instigated this mess?

Ronald Reagan was a keen observer of the destructive ways of big government.

Undoubtedly, our 40th president would describe the current state of economics with this notable quotation:

Government’s view of the economy could be summed up in a few short phrases: “If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.”

Doesn’t this just sum up our current situation? The government has decimated the mortgage market and in turn, taken down a large chunk of our financial sector.

Now, the government is left subsidizing bankrupted lending institutions with trillion-dollar bailouts.

Americans at all levels are realizing that big government is the problem. They are overworked, overtaxed and tired of the government driving up the costs of business and products.

The Gipper said it best: “Government does not solve problems; it subsidizes them.”

Reagan’s wisdom was that he recognized and believed that people excel when they are left alone to solve the daily problems in their lives.

A quarter century ago, the people of Temecula did just that. There was no begging or lobbying for government “pork” dollars to build the sports park. The people just organized themselves and built it.

With more and more tax and spend and borrow schemes coming out of our political leadership in Sacramento and Washington, DC, perhaps it’s time to begin asking “What would Reagan do?
 

scrimmage

What you contemplate you imitate
Re: Free market vs Government solutions, amazing

Shovel Ready[A Cartoon From Mexico]

Posted on Apr 7, 2009
By Dario Castillejos, El Imparical de
M?xico



Bailout Bonds?

by Llewellyn H. Rockwell, Jr.
April 10, 2009​

Are you all for Obama's economic plans? Do you think that bailing out failing companies, and throwing trillions into the national money pit, is just the ticket for stimulating the economy back to recovery?

[FONT=Times New Roman, Times, serif]Then you might get the chance to put your money where your ideological convictions are. The Obama administration is cajoling investment companies to create bailout bonds. These would be similar to the bonds that wartime presidents created to find sucker-investors for their wars. Americans were browbeaten into buying them as a patriotic duty. So too those who say "yes, we can" to the bailouts will be asked to do their patriotic duty, and buy the debt of loser companies. [/FONT]

It's all part of the war on depression, which is destined to be as successful as the war on drugs. But, hey, if it is a good investment, why not buy bailout bonds? Well, there's a problem. The bonds represent credit extended to companies and projects that are proven market failures. Creating these bonds is a way of institutionalizing the principle of buying low and selling lower.

So why would anyone do it? Well, an article in the New York Times says it is a good deal because the bonds represent underpriced assets. The economy will recover and the mortgages with them. "If all goes well, the funds will eventually sell the investments at a profit."
Catch that? "If all goes well?"
If all goes well, I can leap out my window and fly to the moon and be back by lunch.

So it is with every new plan, every new strategy, every new program, every new idea from the regime. They are all some variation on a theme that repeats the mistakes of the past. It's like a person who bumps into a wall, and keeps bumping into the wall again and again. Every new plan for going forward keeps coming back to the same reality of bumping into the wall.

If private markets have learned from past mistakes, they will stay away from these bonds. They will freely tell others not to buy them either.
But then what happens, especially as the depression deepens? In the First World War, such people were sent to jail. That tended to have a chilling effect on open discussion of the subject.

[FONT=Times New Roman, Times, serif]Will Obama try such tactics? Surely this great humanitarian will not resort to fining and jailing people for not supporting his war effort. Or can he really go to such lengths? If history is our guide, the answer is: Yes He Can.

[/FONT]
 

brucefan

EOG Dedicated
Re: Free market vs Government solutions, amazing

If you have track record of 'success" like this, you wouldnt be able to run a ice cream stand
:doh1
Study: Amtrak loss comes to $32 per passenger

WASHINGTON - U.S. taxpayers spent about $32 subsidizing the cost of the typical Amtrak passenger in 2008, about four times the rail operator's estimate, according to a private study.
Amtrak operates a nationwide rail network, serving more than 500 destinations in 46 states. Forty-one of Amtrak's 44 routes lost money in 2008, said the study by Subsidyscope, an arm of the Pew Charitable Trusts.
Stephen Van Beek, president of the Eno Transportation Foundation, a think tank, said the analysis could help guide decisions on how to spend $8 billion set aside for high-speed and intercity rail in a $787 billion economic stimulus bill. Rail planners may decide that spending the funds on high-speed rail makes more sense than slower intercity rail, which the Amtrak numbers show need higher subsidies.
Subsidyscope says its review counted certain capital expenses that Amtrak doesn't consider when calculating the financial performance of its routes, namely wear and tear on equipment, or depreciation.
Leading the list was the train traveling between San Antonio and Los Angeles , the Sunset Limited , which lost $462 per passenger. Taxpayers subsidize the losses to keep the passenger train service running.
The Northeast corridor has the highest passenger volume of any Amtrak route, greatly enhancing efficiency. The corridor's high-speed Acela Express made a profit of about $41 per passenger. The more heavily utilized Northeast Regional lost almost $5 per passenger.
Passenger rail systems throughout the world lose money and require government subsidies to cover operating expenses.
Marcus Peacock, project director for Subsidyscope, said his group's analysis should lead to more scrutiny for the Amtrak routes that are losing the most money.
Van Beek cautioned against holding passenger rail service to a higher standard than other forms of transportation.
"Let's not hold rail up and say it needs to make money when highways don't make money, transit doesn't make money and a lot of small airports don't make money and they all get subsidies," Van Beek said.
The Government Accountability Office had previously said the omission of depreciation substantially understates the capital expenses associated with Amtrak's routes.
Amtrak officials said they're working with the Transportation Department to come up with a fair way to determine capital expenses but the method used in the report unfairly burden routes whose equipment was sold and then leased back.
,,,
Associated Press writer Joan Lowy contributed to this report.
,,,
On the Net:
Subsidyscope: http://www.subsidyscope.com

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Spytheweb

EOG Addicted
Re: Free market vs Government solutions, amazing

Want to see something scary, see how big business controls the average American and see how big business really works. The bad part of this is when big business gets their people into government to change laws that protects their businesses. Fascists.

Watch the movie "food inc", and see how the free market destroys lives and poisons us at the same time, for a dollar, and are protected while doing it.
 
Re: Free market vs Government solutions, amazing

For the edification of the half-dozen who actually enter the political sub-forum, I invite you to google "straw man." That will allow the reader to formulate an entirely appropriate decision regarding this thread. Carry on. . .
 
Re: Free market vs Government solutions, amazing

Want to see something scary, see how big business controls the average American and see how big business really works. The bad part of this is when big business gets their people into government to change laws that protects their businesses. Fascists.

Watch the movie "food inc", and see how the free market destroys lives and poisons us at the same time, for a dollar, and are protected while doing it.

Government control:




Free market:

 
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