The dangers of politically allocated capital.
Bill Foster: “The dangers of politically allocated capital.”
On the recordApril 13, 2021
Source
congress.govEditor's note · Context
Discussing risks of government-funded projects lacking economic purpose.
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Jul 9, 2024
Frankly, when I read about this, it triggered my PTSD from the AIG situation with credit default swaps during the financial crisis.
Sep 18, 2024
This made the discharge petition much more effective at its intended purpose, which is sort of to operate as a safety valve against, you know, the Speaker's rather dictatorial power.
Sep 18, 2024
I have been amused for a long time at how can it be that there is legislation supported by 70 or 80 percent of the public, a clear majority of Members of Congress, and yet we are not allowed to even vote on it.
Sep 18, 2024
I think we should consider adopting this in the coming session of Congress, at least on a temporary basis.





