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US At Risk Of 'Biggest Mistake In Entire History'
AOL News ^ | August 31, 2011 | By Felicity Carus

Posted on 08/31/2011 7:14:11 AM PDT by Oldeconomybuyer

The United States is at risk of making the "biggest mistake in its entire history" if recent political battles in Washington force the government to drop investment in clean energy, Vice President Joe Biden said yesterday.

Biden warned delegates at the National Clean Energy Summit in Las Vegas yesterday: "We are at an inflection point in our history. If we don't make these investments and set these goals we are going to lose. This negative argument that we hear all the time is not new in America. There are naysayers in the political leadership who say that the government has no role and should not be setting a vision for the future by providing seed money for anything. But he said that history had repeatedly proved the positive impact of government investment on step changes in technology.

"Had we listened to those [naysayers] in 1843, Congress would never have collaborated with Samuel Morris to build a demonstration telegraph from Washington to Baltimore unleashing a telecommunications revolution.

"If President Lincoln had listened to those voices during the Civil War, he would never have paid private companies $16,000 for every 40 miles of track for the transcontinental railroad.

"And if President Eisenhower had listened to those voices, he would never have invested $25 million in research in an endeavor which invented ARPA net and became the internet.

"If President Kennedy had listened to those voices we would have never have reached the moon and reaped the incredible benefits that flowed from that efforts. I can assure you that President Obama and I aren't going to listen to those voices."

(Excerpt) Read more at energy.aol.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: biden; biteme; failure; plugs
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To: Oldeconomybuyer

No Joe, America’s biggest mistake is to allow Communists free rein in our land. They should be tracked down with dogs and .....


41 posted on 08/31/2011 12:07:43 PM PDT by TexasRepublic (Socialism is the gospel of envy and the religion of thieves)
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