BTW, municipal bonds are usually considered long-term investment in the private sector, securing for industry the type of infrastructure necessary to develop and grow new jobs and an expansive tax-base, and not just an accounting term for “deficit spending.”

lgm said:
Eisenhower created ARPA (Advanced Research Projects Agency) outside the DoD because he mistrusted the military.

Channeling Ike are you now? I read the Wikipedia article you linked to and saw nothing to support your contention. Did find the following:

DARPA was created as the Advanced Research Projects Agency (ARPA), by Public Law 85-325 and Department of Defense Directive 5105.41, in February 1958. Its creation was directly attributed to the launching of Sputnik and to U.S. realization that the Soviet Union had developed the capacity to rapidly exploit military technology. Additionally, the political and defense communities recognized the need for a high-level Department of Defense organization to formulate and execute R&D projects that would expand the frontiers of technology beyond the immediate and specific requirements of the Military Services and their laboratories. In pursuit of this mission, DARPA has developed and transferred technology programs encompassing a wide range of scientific disciplines which address the full spectrum of national security needs.

public highways aren’t paid for by taxes all the time. Ever heard of municipal bonds or seigniorage? (insult deleted)

Municipal bonds are a form of budget deficit. They are paid from future taxes. (insult omitted).

Die Hippie, Die said (#47):

ARPA/DARPA stands for the Defense Advanced Research Projects Agency. DARPA was established by DoD (that’s Department of D-e-f-e-n-s-e) directive 5105.15 on February 7, 1958–another Eisenhower\Republican initiative.

Eisenhower created ARPA (Advanced Research Projects Agency) outside the DoD because he mistrusted the military. The DoD worked ceaselessly from that day until 1972, (after the creation of the ARPAnet) when ARPA became DARPA, Defense … .

Dwight D. Eisenhower (Republican) and his DoD were proponents of constructing the interstate highway system. ARPA/DARPA stands for the Defense Advanced Research Projects Agency. DARPA was established by DoD (that’s Department of D-e-f-e-n-s-e) directive 5105.15 on February 7, 1958–another Eisenhower\Republican initiative.

On second thought, let lgm keep the belt and shoelaces.

On July 7th, 2008 at 8:17 pm, lgm said

There are a few, and only a few, things only the federal government can finance, such as: military and possibly the interstate freeways even to a lesser degree the railroads.

Private enterprise could and would have built the interstate system if the gov did not. They would have done it for much less money and completed it faster. These roads would likely be toll roads rather then “raise the taxes so we can preform maintanence” as has been proven from the 35w bridge failure.

Private enterprise did build most of our electrical infastructure and they also maintain it. The same is true for gasoline and heating fuel.

lgm said:

lgm public highways aren’t paid for by taxes all the time. Ever heard of municipal bonds or seigniorage? Duh.

The best the government can do is stay out of the way while other people create products, jobs and prosperity.”

There are functions that the Federal government can properly perform that can help the economy grow.

It is certainly within the rightful power of the people as represented by their government to define who is a citizen and who is a guest or an intruder and what the legal consequences of each status are. Clarity on these issues is essential for managing growth and avoiding needless costs to business or local communities.

Providing honest and predictable law enforcement and courts can reduce the risk of engaging in business and encourage entrepreneurship. The arbitrary and corrupt practices in Russia and other 3rd world states inhibit growth.

The provision of properly trained and disciplined forces that protect the nation from invasion and deter or punish aggressors as well as ensuring the freedom of peaceful commerce and navigation are a proper function of the federal authority. They also help create conditions that permit growth.

Issuing a sound currency and coinage encourages trade and commerce. It is reasonable that the government act in this field. A reasonable standardization of weights, measures and regulations between distant states or between the United States and foreign nations also is a proper role for the government.

A certain role for the government may exist in defined infrastructure improvements that encourage trade and communication.

These are of course the powers enumerated in our Constitution. We have a federal republic, not an anarchy, and the close attention of the government to its proper powers can create the conditions for growth and prosperity.

Did the highway system or the internet create themselves?

Neither would lead to anything if not for capitalism and the free market.

Lgm has never been accurate about anything, explaining anything to him does not help.

Did I say something inaccurate today? Did the highway system or the internet create themselves?

On July 7th, 2008 at 3:27 pm, Goldwater Knight

Lgm has never been accurate about anything, explaining anything to him does not help.

We’re scr*wed ’08

On July 7th, 2008 at 4:58 pm, Goldwater Knight said:

Fully understand what you mean. The logic of liberals has always puzzled me. For example, “we must curb pollution and protect the environment” and in the same breath “we must do more to allow more unfortunates of the world to immigrate here and give amnesty to those here illegally”. First, more people means more environmental degradation. Here’s a thought, stop importing millions of immigrants each year and allow all those pollution curbing mandates you put on us to actually reduce total emmissions. Second, we tried amnesty in 1986 and it has proven to be a complete disaster. So how is giving amnesty to 30M illegals going to work this time? They never learn and use their emotions rather than logic when making decisions. But I will give lgm credit for at least being a quiet troll on the board.

Hey, lgm is generally polite at least. He doesn’t call everyone who disagrees with him names

I’ve had all I can stands and I can’t stands no more!

What ever happened to the good ole’ days when you screwed up in class you were publicly humiliated by the teacher because what you said was at the level of a submoron? That’s all I’m doing here. And lgm’s surreptitiously placed statements really piss me off and I feel they’re dangerous to boot.
But it’s a free wheeling board so he can do whatever…