Friends tell me that the U.S. Chamber of Commerce has formed various programs/groups to generate more revenue for the Chamber.
The various programs/groups then push their specific agendas at the Chamber. The pro-government spending infrastructure stance by the Chamber is not because of construction/engineering firms pushing the idea (although they are going along with it). The push is coming from the banksters, who have made enough contributions to the Chamber program/group, Center for Capital Markets Competitiveness, to control it.
The banksters, led by UBS Groups America Chairman Robert Wolf, are the real players pushing the infrastructure deal. It's all about big $$$$. The banksters will be the major beneficiaries of any Federal infrastructure plan.
Democrats will be solidly behind the bill and friends tell me that there could be enough Republican support that an infrastructure bill will pass.
Social Security, Medicare, Medicaid, and now this - Another trillion dollar boondoggle that can't be ended.
ReplyDeleteThis is probably one of the worst ideas ever. The US has gotten along fine for what 200+ years without a public piggy trough (oops, I mean national infrastructure bank).
ReplyDeleteIt's no surprise that the Chamber and associated toadies loves it. It's only a matter of days before the construction unions jump on board.
This is a vehicle for the well-connected to siphon government cheese and bypass such trivialities of oversight as the securities markets might exert via the municipal bond market.
It's two, two, two banks in one! More corporate socialism AND free government cheese. Wow, its doublemint gum.