InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,319.11
(
-0.04%
)
US TECH 100
18,250.40
(
0.10%
)
Dow Jones
39,857.77
(
-0.04%
)
Brent Oil
82.08
(
-0.45%
)
Bitcoin
69,936.17
(
-0.28%
)
Post# of 29336
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

OakesCS

Send PM Follow Ignore
Followers 16
Posts 1502
Boards Moderated 0
Alias Born 05/03/2005

OakesCS

Re: santafe2 post# 24456

Friday, 08/06/2021 12:37:38 PM

Friday, August 06, 2021 12:37:38 PM

Post# of 29336
the federal government didn’t subsidize Rockefeller or Durant/Ford at the advent of the of the oil industry and ICE vehicle market. Both were well developed by the time Eisenhower started the government build out of the interstate highway system - which was a combo defense/commerce project.

Similar for railroad systems and mining industries. The government gave incentives but didn’t place the burden on the tax payers for the development of those industries
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up