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Subway system they have been building for 40 years. do we need more of this? we don t necessarily need more of this. going a back to steve s point, public private partnership, it takes a certain amount of money and spending from the government actually i think we need to be spending money on infrastructure maybe more smart than the examples. if you look at infrastructure spending when it is done correctly it gives you a bang for a buck. it can create economic and job growth. countless studies a recent one from the san francisco federal reserve that show this. down the road you see less air pollution and less health care. dave: so many times you see delays on projects and corruption where local contractors try to get as much as they can out of the government. is that ever going to change? no, it s not going to change. when rick unger says we have an ....
That, but you can point to positive examples where infrastructure spending has done good. salt lake city is a good example. and also one of the strongest job rate growths. the transportation has a direct link to that. utah is low tax republican state. come on. it is. new york and san francisco and chicago with the corruption and the public employee unions, forget it. dave: how many of these light rail programs to fuel efficiency very few, right? i come from southern california and they are never used at all. when we talk about infrastructure, yes, we have an impressive national highway system, but the unseen is how much more cheaply it would be built today if we left this to private profit motivated ....
Dollars on mass transit. it has a role in certain parts of the country but tens of billions that could have been used for real infrastructure. dave: so there may have been a time when massive projects, there is too many regs to make it efficient. i don t see the private market stepping up to do the job. wait a minute, this country is turning into a third world nation. our infrastructure is truly crumbling. they are using private contractors and there are questions at that level. we have an oil and gas boom. our infrastructure at that level is poor. there is a bottleneck at the refineries. we re going to need more than pipelines to make that part of the economy. dave: rick has a point when he goes after monopolies but the worst is the government. all the private sector competition and that leads to corruption, no? i think you can point to ....
The lenders are giving loans to people that are going to default and be repaid by taxpayers. this is scheme by federal government to redistribute wealth from higher earning people that pay higher taxes to lower income people. that is all the is. dave: one of problems is we have so many federal agencies involved. we nationalize fannie and freddie. as i mentioned all these programs that the treasury department started. how do you untangle the bureaucracy? you let them expire and privatize fannie and freddie and hfa and fha. politicians will raise it that is what you see with deposit insurance. you have to get them out, period. dave: if that happens, will there be people whose loans are in the process of modification who are kind of stuck in the middle, who fall in the middle? ....
Companies. dave: last word from john, thank you. from 9:00 to 5:00, to 24/7. answering calls more than ever after hours and some are suing bosses to pay up or should the workers suck it up. everybody is going on the deep end everybody is needs spend a day ....