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Old Posted Dec 6, 2019, 6:57 PM
iheartthed iheartthed is online now
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Join Date: Oct 2009
Location: New York
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Quote:
Originally Posted by Obadno View Post
Yes and that money to pay for the infrastructure is extracted by the state and then funneled to private entities to build the infrastructure. The "government" didn't build anything it just allocates resources ideally for the public good which is why its such an easy place for corruption.
Government is not anymore prone to corruption than any other powerful organization. "Power corrupts" because power is literally the necessary component for corruption. The only guard that we have against corruption, whether it be by the government or private industry, is a strong system of laws.


Quote:
Originally Posted by Obadno View Post
Where do you think the state gets the money to build highways and fund the post office? The majority of the tax money and treasury bond holders are the wealthy and their businesses.
Actually, the federal reserve has been discouraging investment in treasuries by keeping interest rates low. Interest rates over the past decade are just a fraction of what they were in the 1980s.