Comment What happened to capitolism? (Score 0) 479
I don't understand why everyone is for government getting into the telecommunications business. By doing this drives taxes up, causes bigger government and makes new orleans even more of a welfare state to support their network. The last thing this city needs is more government programs, especially if they already have a corporation that is capable of handling the project. This is a good time for the small independent firms to also get in on this action because nothing is established and the playing field is open.
I personally applaud bell south for what they have done. If you look at England as a model of the way this is heading, they used to own a ton of companies in the 70s and 80s and was more of a socialist environment. What happened? Rampant waste, deadlines missed, sky high taxes and an overall stagnate economy. In the 90's they began privatizing these corporations and they became profitable and well run. No more taxes being dumped into these wasteful programs.
Overall, New Orleans needs to get out and help themselves to rebuild, not just accept welfare from everyone. It is how the economy works. For every dollar they borrow to rebuild, their economy grows, money circulates, goods are bought and employement is realized. Maybe one day it will not be one of the poorest cities in the nation. The hurricane could actually be the force that drives it to become financially independent, but not with wasteful government overhead.
I personally applaud bell south for what they have done. If you look at England as a model of the way this is heading, they used to own a ton of companies in the 70s and 80s and was more of a socialist environment. What happened? Rampant waste, deadlines missed, sky high taxes and an overall stagnate economy. In the 90's they began privatizing these corporations and they became profitable and well run. No more taxes being dumped into these wasteful programs.
Overall, New Orleans needs to get out and help themselves to rebuild, not just accept welfare from everyone. It is how the economy works. For every dollar they borrow to rebuild, their economy grows, money circulates, goods are bought and employement is realized. Maybe one day it will not be one of the poorest cities in the nation. The hurricane could actually be the force that drives it to become financially independent, but not with wasteful government overhead.
