Tag: economic stimulus

Burning the Midnight Oil for Living Energy Independence

I’m shocked, shocked I say, that a belief tank partly funded by Big Oil and Union Busters would issue a piece attacking High Speed Rail. But they did, claiming that there is a “Coming High Speed Rail Financial Disaster”.

Less shocking is that the argument in the piece is tissue-thin, relying on shell games and appeal to stereotype in lieu of evidence.

Of course, just because its an empty argument does not mean its a pointless one. When you are trying to prevent solutions to problems, FUD … Fear, Uncertainty and Doubt … can sometimes be as effective as genuine argument.

Well, I hope someone out there is able to frame great counter-arguments that are useful in cracking into Dr. Utt’s (Economics) target audience of those with short attention spans and limited access to information. What I can offer here is raw material for those counter-arguments.

When Talking About The Economy Now And The So Called ‘Capitalism Practiced’ Start Calling It Exactly What It Is, “Reaganomics”, i.e. ‘trickle down’ ‘free market’…………, there’s a hole host of meme’s used that sold this Con of what must be in order to advance? which when implemented was forecast by many then and over the years, last couple of decades, to do Exactly What It Did, Collapse The Once Growing and Proud Economic Reality That Was!!

Have no idea why those who are supposed to represent the working people don’t use the reality and voice it over and over, do know why th media don’t, they profit from not reporting the reality!

Burning the Midnight Oil for Living Energy Independence

Huh, seems me that whatever the state of my various concerns, the agenda of the Sunday Train has been taken over by the White House … funny how announcing the recipients of a total of $8b will do that.

The Transport Politic (aka Yonah Freeman and the TTP commentariat) has a very complete rundown. The allotments over $200m are:

• California, $2,344m
• Florida: $1,250m
• Illinois: $1,236m
• Wisconsin: $822m
• Washington: $590m
• North Carolina: $545m  
• Ohio: $400m

So, what’s the money for? Join me below the fold.

Burning the Midnight Oil for Living Energy Independence

Note that the statement is abbreviated for the title. The full statement is, a common carrier like a train, bus, or plane that running a profit based on passenger revenue while paying its full operating and capital cost is charging too much for its tickets.

The radical abbreviation of the title is in part because of the radical abbreviation of the lie that is commonly used as a frame. The lie is that a common carrier like a train, bus or plane that is paying for its full operating and capital costs out of passenger revenue ought to run a profit, commonly expressed as a charge of, “SERVICE_XYZ is losing money, it needs to be reformed!“, which assumes that Service_XYZ is supposed to be making a profit.

And, of course, in the sense described above, if its a common carrier transport service, of course it shouldn’t be making a profit. And further, if under the above conditions, if its making a profit, you’re doing it wrong. In the sense given above, PROFIT=FAIL.

Burning the Midnight Oil for Living Energy Independence

Flying home from the Economist’s national conference Atlanta (see note1) my brilliant entertainment plan to pass the day lost flying home from Atlanta fell apart.

I could not attend even the 8am session on Tuesday, because the flight left at 11:15, and I was warned about TSA security theater delays. So I got on the MARTA train around 8:30, to stand in line to check-in, to stand in line to get through screening, to get to the gate and wait, to get on the plane which waited in line for a runway. It was, however, only half an hour in the air, so that fact that with a 125mph train to Charlotte I could have gone to the morning conference session and arrived in Charlotte sooner is neither here nor there.

Then I had a 3hr+ layover in Charlotte until the plane back home to NE Ohio. But I had my Netflix and some FullMetal Alchemist DVD’s, so no problem. Except my portable DVD player decided to stop working (see note2), so there were no DVD’s. Which meant I was forced to fall back on a “pbook” (paper book) I had brought with me – Waiting on a Train, which meant that I finally finished it (and still had several hours to wait after I had done so).

And in particular read the fascinating discussion of the touchy relationship between freight and passenger trains. Regular readers will know that this is a critical point: indeed, the entire Steel-Interstate strategy to getting Higher Speed Rail for Appalachia rests on passenger trains running on infrastructure provided in support of 100mph electric freight trains.

crossposted from Agent Orange

The Steel Interstate concept (tagpage) is one that I have been discussing, off and on, in my Sunday Train series. The basic idea is to electrify the Department of Defense STrategic RAil Corridor NETwork, STRACNET (right), and establish 100mph Rapid Freight Rail paths, to allow an estimated (Millenium Institute pdf) half of long haul trucking to shift to electric freight rail at a saving of about 10% of our current oil imports.

This diary is about how to overcome the only thing standing in its way: Public Finance. And that is to impose a $1/barrel tax on imported petroleum and petroleum products, and allocate 1% of any Carbon Fee to financing construction.

Is the U.S. Treasury, which can’t print money fast enough to pay for the trillion-dollar tragedy in Iraq, about to give an economic stimulus to peace organizations working to stop the war?

It seems highly unlikely, but if it doesn’t happen it won’t be because the antiwar folks haven’t tried.  Many seem to be on the same wave length as an email I received yesterday from United for Peace and Justice:

Spend your stimulus check on peace! The sooner the war ends, the more money the nation saves. Not to mention the lives and futures of millions of people. So let’s use the stimulus money to stop the war, bring all of the troops home and get the nation’s budget back on track.

We invite you to spend your stimulus check, or some portion of it, on the one thing the Bush administration doesn’t want you to invest in: Help strengthen the peace and justice movement!

Steve Burns, a staffer for the Wisconsin Network for Peace and Justice, like UFPJ a coalition of many groups, didn’t even wait to get his check.  He wrote to President Bush in March to tell him how he was spending his stimulus check: