Senators back new bank to finance inf...

Senators back new bank to finance infrastructure

There are 3 comments on the www.mercurynews.com story from Mar 15, 2011, titled Senators back new bank to finance infrastructure. In it, www.mercurynews.com reports that:

A bipartisan group of senators, joined by both business and labor leaders, on Tuesday backed the creation of a government-owned but independent infrastructure bank to help the nation deal with its daunting shortfall in spending on transportation, energy and water projects.

Join the discussion below, or Read more at www.mercurynews.com.

Rico

Guatemala City, Guatemala

#1 Mar 15, 2011
Washington!= Scam-City', just another arm of the FED, racking in the profits...

More 'Debt-notes' won't help anyone except the banksters!!

We need 'REAL money', money backed with Gold and Silver!!!
A Nnoyed

Rye, UK

#2 Mar 15, 2011
Fantastic news for America.

You'll be getting the Fannie Mae and Freddie Mac Infrastructure Bank.

The new motto is "Don't worry, we'll only cost the public a trillion this time and that will be progress"
Mothra

Glendale, AZ

#3 Mar 15, 2011
"A bipartisan group of senators, joined by both business and labor leaders, on Tuesday backed the creation of a government-owned but independent infrastructure bank to help the nation deal with its daunting shortfall in spending on transportation, energy and water projects."

Why would labor leaders be involved?

"The bank would only be involved in projects that generate revenues, from fees or tolls..."

Oh.... never mind.

Sounds like another payoff to union labor.

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