Tuesday, August 30, 2011

Coming Soon: $650 Billion in Banskter Driven Infrastructure Progams

Sphere Consulting is out with a report detailing the amount of  money that will be directed toward infrastructure programs in coming years. According to the report, there is currently a pool of $250B available globally for infrastructure projects, up 40 percent from 2010.

 In conjunction with the report, a Sphere survey was conducted with companies that have a strong vested interests in seeing the infrastructure projects develop. They were asked to project how much money U.S. will flow into infrastructure projects in the U.S.. The group includes Morgan Stanley, Merrill Lynch, Citi Infrastructure Investors, Carlyle Group, Macquarie Group Ltd., UBS and Credit Suisse. They obviously think it is a big play. The survey results indicate that the amount that could be leveraged into infrastructure will be a total of $650B for U.S. roads, tunnels, schools and bridges.

On September 5, President Obama will address the nation detailing his plan "to get the economy going". It will include mention of infrastructure, since polling indicates that the public likes to hear about infrastructure programs. Obama will mention roads, tunnels, schools and bridges. What he won't mention is that the major beneficiaries will be the banksters of Wall Street, Morgan Stanley, Merrill Lynch, Citi, Carlyle Group, UBS, JPMorgan Chase, Goldman Sachs and Credit Suisse. These banksters  will be squeezing money out of the infrastructure program every way possible. It could get so bad that it might make TARP look like an honest program.

(Thanks 2 PEU Report)

1 comment:

  1. This image shows who's playing the PEU Infrastructure game: