October 16, 2008

We Didn’t Learn a Thing


I had hoped that one of the best consequences of a George W. Bush administration would be a future unwillingness of the populace to blindly trust the government.

No more would we follow the cries for immediate action without first hearing the pros, the cons and the alternatives.

This latest financial debacle proved me wrong.

The government called fire, claimed themselves as savior, and we immediately yelled for them to act. No real debate. No real discussion. Just a blind yell to save us all and write the check.

We didn't learn a thing. And it's absolutely tragic.
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October 15, 2008

Water Over the Bridge

What are the incentives for a State to investigate infrastructure failure, such as bridges and roads, and pay for their replacement? What would the incentives be for a private company with ownership rights to those bridges or roads, funded by tolling?
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