Fwd: WHERE are MY DIVIDENDS??? (Expanded/Updated Version)

-----Original Message-----
From: b <rrdd3939@aol.com>
To: rrdd3939@aol.com
Sent: Mon, Jul 11, 2011 1:51 pm
Subject: WHERE are MY DIVIDENDS??? (Expanded/Updated Version)

             Where are My Dividends??? (Expanded Version) posted Dec. 21, 2010

                                                by Richard DePersio

                                    Reminder: Three "Plato" articles follow.
 

"...pork-barrel legislation sails through Congress, lavishing money on small projects

that cannot possibly be described as promoting the national interest...Death by a

thousand subsidies. The cost of Dan Rostenkowski's underground parking garage

at the Museum of Science and Industry is insignificant in the face of our $14

trillion economy. So is the ethanol subsidy. So is the trade protection for sugar

producers, and the tax break for pharmaceutical companies with operations in

Puerto Rico, and the price supports for dairy farmers. But in total, these things--

and the tens of thousands like them-- are significant. Little inefficiencies begin to

disrupt the most basic function of a market economy: taking inputs and producing

good and services as efficiently as possible. If the government has to support the

price of milk, the real problem is that there are too many dairy farmers. The best

definition I've ever heard of a tax shelter is some kind of investment or behavior

that would not make sense in the absence of tax considerations. And that

is exactly the problem here: Governments should not be in the business of

providing incentives for people to do things that would not otherwise make sense."

             -Charles Wheelan, W.W. Norton and Company, Inc., 2002, updated: 2010.

End virtually all types of subsidies, including, corporate welfare to big oil and gas.

Those who want a subsidy should go through an extremely difficult obstacle course

 to qualify.

End subsidies to wind and solar. Experts say that greenies won't start showing a

a small profit until 2020 (no doubt, subsidies will continue beyond that year).

Sometimes, Charles is liberalish, he didn't mention wind and solar. Experts also

tell that w/s can only generate about 25% of our electrical needs and no more -

and that it can't do it until about 2040. See: "ATBTC Action Chain Letter 4 (Updated

and Expanded" NASA might be able to guarantee 25% and add another 5% and do it

 at much lower cost and more efficiently.

End subsidies to SpaceX and Virgin Galactic. Risk-investors usually get bank-

backing because of their track record. Let these types of investors take the big

risks and not taxpayers!!!

 

  End all unconstitutional, socialist, costly subsidies: oil. gas. wind, solar, farm, 

ethanol,  electric cars, utilities, etc., especially now when nation is

facing hyper-inflation or bankruptcy or both.Free market forces must

 prevail.  These handouts allegedly prevent

food and energy prices from going too low. Survival of the   Fittest. Those companies

 with flexible/adaptable business models will

 prosper at times and    manage just to get by at other times. Those that

can't will perish. Too big to fail is a ridiculous economic concept. While

criminal president, unconstitutionally played bankruptcy judge in                

order to sock it to preferred bond and shareholders and common

shareholders and spare unions                 of as much discomfort as he could.

Obama and  union unconstitutionally assumed the largest            share of ownership

 and control. Fed gov can't own and manage a private company but is. Obama

 nationalized/socialized auto and banking industries and is in the process of doing

the self-same thing with the health industry. No more financial bailouts!!!

 Auto companies should have faced a real bankruptcy judge and reorganized under

 Chapter Eleven if they could.     These are just some of Obama's impeachable

offenses. Let's not forget: He has taken the first steps toward partially or completely

controlling Internet.

Fed Grants were originally established due to Sputnik fear and were meant

 for universities and colleges             for physics research and

developments in engineering. Later extended to social sciences and

educational studies. We can no longer afford the latter two; perhaps, we

can continue first two but reduced in light of debt crisis.

 And, grants to companies -unconstitutional. 

Subsidies to SpaceX and Virgin Galactic:
Your tax dollars. You won't be surprised to know that it was Obama's idea! It isn't a

loan - you won't be paid back! You won't enjoy potential dividends either!

 Bond and stockholders will. Meanwhile,

NASA - budget 17.5 Billion (1/2 of 1% of fed budget)faces $1 billion-plus cut. We believe

that virtually all fed departments, agencies and programs must be cut due to dangerous

$15 trillion debt. NASA: Completely or partially responsible for over 30,000 discoveries

and inventions since its inception in 1958. Only gov program that gives you a

return on your investment - for every $1 budgeted NASA, you get $5 back within 7

years in the form of science and technology. Don't you think that a $500 million cut

is more reasonable - about a 2.5% cut? Some recent NASA activity:

NASA developing silicon-germanium electronics for satellites that is highly  

resistant to temperature and radiation variations.
NASA and weather: Goes-P new generation satellite developed by NASA for

more precise measurements of moisture and temperature variations. Expect

clearer weather photos with your weather reports.

NASA in NANO. Nanosatellite size of a loaf of bread unfolds to over 100 square

feet with a thickness of 1/100th a human hair.

As always, what NASA does will eventually be applied to devices in your home,

car, office, farm, factory, hospital, etc. 

We were one of the first to propose that NASA should  develop declassified version of

Air Force X-37B and use the $9 billion dollars worth of R & D from CONSTELLATION

 Program (Orion, Ares 1 and 5, Altair) in new  heavy-lifter and manned -   beyond -

earth-orbit program. Update: Obama lost, he wanted to start from scratch and waste

the $9 billion.

 We can't afford to wait for SpaceX (Falcon 9) to be capable of sending astros to and

from space station.

We will have to pay Russia, whom we beat in Moon Race, a hefty price for tickets

 for them to fly us to our station,

we footed most of cost. Further, we lifted most of the 14 modules that comprise the

station. SpaceX won't be able to carry astros until 2014 or later. Meanwhile, China,

Japan and France will soon be able to carry astros to our station.What will China

(our banker) charge us. It is humiliating -

needn't be the situation. SpaceX's biggest obstacle: in excepting gov $$$s it

 must except expensive red tape, paperwork and regs to impede its progress.

NASA knows how to work the system and deliver. We support private space

programs for we are true capitalists but don't want to support with our $$$s - unless,

we share in dividends!

(See "Updated Anew: Chain Letter of a Nature Different 1"  for what you can do).