[Dubya-M-DeesWent2SyriaStupid!]

Making an Immediate Investment in Our Roads, Rails and Airports: The President’s plan includes $50 billion in immediate investments for highways, transit, rail and aviation, helping to modernize an infrastructure that now receives a grade of “D” from the American Society of Civil Engineers and putting hundreds of thousands of construction workers back on the job. The President’s plan includes investments to improve our airports, support NextGen Air Traffic Modernization efforts, and resources for the TIGER and TIFIA programs, which target competitive dollars to innovative multi-modal infrastructure programs. It will also take special steps to enhance infrastructure-related job training opportunities for individuals from underrepresented groups and ensure that small businesses can compete for infrastructure contracts. The President will work administratively to speed infrastructure investment through a recently issued Presidential Memorandum developed with his Jobs Council directing departments and agencies to identify high impact, job-creating infrastructure projects that can be expedited in a transparent manner through outstanding review and permitting processes. The call for greater infrastructure investment has been joined by leaders from AFL-CIO President Richard Trumka to U.S. Chamber of Commerce PresidentThomas Donohue.

Establishing a National Infrastructure Bank: The President is calling for Congress to pass a National Infrastructure Bank capitalized with $10 billion, in order to leverage private and public capital and to invest in a broad range of infrastructure projects of national and regional significance, without earmarks or traditional political influence. The Bank would be based on the model Senators Kerry and Hutchison have championed while building on legislation by Senators Rockefeller and Lautenberg and the work of long-time infrastructure bank champions like Rosa DeLauro and the input of the President’s Jobs Council.  Project Rebuild: Putting People Back to Work Rehabilitating Homes, Businesses and Communities. The President is proposing to invest $15 billion in a national effort to put construction workers on the job rehabilitating and refurbishing hundreds of thousands of vacant and foreclosed homes and businesses. Building on proven approaches to stabilizing neighborhoods with high concentrations of foreclosures, Project Rebuild will bring in expertise and capital from the private sector, focus on commercial and residential propert

[SatinDoll]

Infrastructure Bank = slush fund to Progressive Party (finances ILWU umion constrution sites and allows political donations to flow to Progressives coffers via government paid projects.)

[Bobby_Taxpayer]

Just doesn’t work. Anyone with a private business background or has been around government contracting knows:

- 10 to 20% or more gets stripped off to pay for more lazy government workers, because the current lazy ones claim they have too much to do. So more fraud and waste.

- Government contracts “normally” get awarded to companies already in business with a past performance and with already hired workers. Success breeds success in government contracting. So no or few “new” jobs.

- IF (and a BIG IF) it gets funded the money is probably good for only the fiscal year it gets authorized. Contract awards usually take 6 to 9 months. Since we will likely only have a Continuing Resolution (CR), it won’t get funded. That’s a good thing! But the One will probably try to count that as a savings in the budget discussions.

[caww]

The President is calling for Congress to pass a National Infrastructure Bank capitalized with $10 billion, in order to leverage...'his re-election campaign'.

"Hope and Change"

[tcrlaf]

A GOVERNMENT LOANS BANK is the most horrible idea these morons in the Democratic Party have come up with, yet.

Imagine Fannie and Freddie on an even bigger scale.