Which one does the US Treasury fall into?

Post #336,634 by beepster 12/3/10 2:36:50 PM Reply	Which one does the US Treasury fall into? currently financing out 3 years at less than a point...gets very expensive when that financing cost jumps to 3 or 4pts, or higher...let alone moving out to 10. And we must understand, this current set of rates is a historical anomaly since 2002 recession. Other than these last several years, the interest rates are historically higher...and heaven help us if we see rates unfold like happened in the Carter administration. (over double digit). Sure, understanding today's complex world of the future is a little like having bees live in your head. But...there they are.
Post #336,635 by jake123 12/3/10 3:05:32 PM Reply	Oh look! There are risks in everything we do! Seriously, beep, if you guys crash your economy you'll be so utterly screwed that nothing's going to help you. You need to fix that first.
Post #336,642 by beepster 12/3/10 4:56:00 PM Reply	Not saying that fixing isn't important but the way we fix it is...and pumping up debt so that debt service becomes a trillion dollar bill is NOT the right way. We have to make it worth while for companies to invest domestically...that includes drastic changes in the regulatory environment and in many cases (gasp) tax credits and forgiveness. Most of that happens at local level, perhaps the fed pledging support to state and local to allow that to happen more often would be a better use of capital than some of the stuff the last set of "stimulus" ended up getting spent on. AND, gasp again, perhaps defense spending should be INCREASED short term...and offset by cuts in other programs less tied to the manufacturing base. After all...we are looking for jobs. We should be focusing 110% on spending government dollars in places that create jobs...lasting jobs...not temp census workers. Sure, understanding today's complex world of the future is a little like having bees live in your head. But...there they are.
Post #336,644 by jake123 12/3/10 5:02:23 PM Reply	Defence spending isn't it you really want to make a bunch of jobs? Start fixing your infrastructure.
Post #336,645 by beepster 12/3/10 5:03:38 PM Reply	Lest I repeat myself... I've been harping on that since this all began...and before So, yes, I agree. Sure, understanding today's complex world of the future is a little like having bees live in your head. But...there they are.
Post #336,804 by jake123 12/6/10 5:51:05 PM Reply	Yeah I know you have would that the folks who actually have the purse strings would figure that out.
Post #336,808 by beepster 12/6/10 6:18:00 PM Reply	$1T would build alot of infrastructure, n'est-ce pas? Sure, understanding today's complex world of the future is a little like having bees live in your head. But...there they are.
Post #336,817 by boxley 12/6/10 7:28:00 PM Reply	my math gets dodgy above 1B but at 2 million a mile for roads that is 500 miles of roads Any opinions expressed by me are mine alone, posted from my home computer, on my own time as a free American and do not reflect the opinions of any person or company that I have had professional relations with in the past 55 years. meep
Post #336,841 by folkert 12/7/10 3:59:23 AM Reply	Sorry box... $1B == 500 miles of road @ $2M/mile $1T == 500,000 miles of road @ $2M/mile. Significant difference.
Post #336,847 by boxley 12/7/10 7:54:23 AM Reply	I thout a 1T was a one followed by 12 zeros divided by 1 million a one followed by 9 zeros x 2? Any opinions expressed by me are mine alone, posted from my home computer, on my own time as a free American and do not reflect the opinions of any person or company that I have had professional relations with in the past 55 years. meep
Post #336,856 by folkert 12/7/10 9:51:49 AM Reply	ok... 1M == 1 with six zeros 1B == 1 with nine zeroes 1T == 1 with twelve zeroes you are dividing twelve zeroes by six zeroes divided by 2 So at $2,000,000 per mile, you get 500 miles per $1,000,000,000 and there are a 1,000 billions in a trillion. So you add 3 more zeroes to the outcome. giving you 500,000. Or drop 6 zeros from both operators and you get the same result. or $1,000,000 divided by $2 gives you 500,000.
Post #336,858 by boxley 12/7/10 10:02:04 AM Reply	thx Any opinions expressed by me are mine alone, posted from my home computer, on my own time as a free American and do not reflect the opinions of any person or company that I have had professional relations with in the past 55 years. meep
Post #336,877 by beepster 12/7/10 3:04:52 PM Reply	Right...which means we can rebuild, from scratch, the entire national highway system (more than twice)..we could rebuild the interstate system about 100 times...or just upgrade everything, inclusive of bridges etc....(think the bay bridge replacement came in about $6B...NYC bridges inclusive of T=Z replacement is about 9B... And think about how many jobs that would create... Sure, understanding today's complex world of the future is a little like having bees live in your head. But...there they are.
Post #336,878 by jake123 12/7/10 3:06:55 PM Reply	Or, it means that you could roll out a complete high speed rail system, which would have a much better long term impact on your ability to move yourselves around after oil gets too expensive to burn in cars. And make a boatload of jobs too...
Post #336,879 by beepster 12/7/10 3:08:33 PM Reply	:-) Sure, understanding today's complex world of the future is a little like having bees live in your head. But...there they are.

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