We talk a lot about infrastructure. Let me remind you what the state of americas infrastructure is. If you had a grade, it would be d , im talking about roads, bridges, communications more. Collectively nothing more than a d . This report card was put out by the American Society of civil engineers. They may have a dog in the hunt. Not only are we not doing enough to modernize public infrastructure, we are barely maintaining what we have now. President obama spent years calling for a publicprivate Infrastructure Bank that could jumpstart financing on big projects. The idea would be to attract billions investment from the private sector to Fund Infrastructure fixes and upgrades. In return investors would receive guarantees from the federal government that could serve to attract more private investors into public projects. That cd has gone in respect. And its going nowhere now that he has a republican dominated congress run on a platform of Less Government spending and less spending in ge
We talk a lot about infrastructure. Let me remind you what the state of americas infrastructure is. If you had a grade, it would be d , im talking about roads, bridges, communications more. Collectively nothing more than a d . This report card was put out by the American Society of civil engineers. They may have a dog in the hunt. Not only are we not doing enough to modernize public infrastructure, we are barely maintaining what we have now. President obama spent years calling for a publicprivate Infrastructure Bank that could jumpstart financing on big projects. The idea would be to attract billions investment from the private sector to Fund Infrastructure fixes and upgrades. In return, investors would receive guarantees from the federal government that could serve to attract more private investors into public projects. That cd has gone in respect. And its going nowhere now that he has a republican dominated congress run on a platform of Less Government spending and less spending in g
Personal spending was a disappointment this morning. We begin with the first trading day of the month after a monster february. With an eye on nasdaq 5,000, will the momentum continue into march . Warren buffett on the record on the economy, ibm and the news that these were places amex as costcos credit card partner. The biggest acquisition in tech. Exclusive with the ceo of nxp in just a moment. And after lots of leaks, it is official hewlettpackard also vying Aruba Networks 2. 7 million when you back out the cash. A bit below the stocks close on friday. First up futures are mixed as we begin a new month of trading. China cut Interest Rates for the second time in just over three months. Here in the u. S. February was a pretty nice win for the bulls. The nasdaq up more than 7 . Its best month in three years. Dow up 5. 6. S p, about 5. 5, each posting its best february since 98. Interestingly, last february was also the best february since 98. So the pattern to the years has been pretty
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