Replies to post #9155 on Comstock Inc (LODE)

[thistime]

You raise good points,but I see no connection to my post 9154.
Your post is more in the political arena,but probably very valid here as well. I think,IMO,that neither approach alone will be effective and new solutions are needed for the issues that go so deep into the workings of our econmic systems. Many solutions are longer term in terms of response,such as review of regulator approaches to banking ,markets ,finance,etc., In the short term,cutting interest rates does not provide immediate solutions as people and companies have lost confidence to reinvest. I think that the public sector has to play a major role in restoring confidence and in taking on productive capital spending,infrastruture programs that will create immediate jobs for many of the unemployed,employables. Giving cash to our citizens ,in terms of more stimulus,is a very short run,short sighted approach in my opinion. We go spend the cash on items,most of which are from off-shore,etc. There is little ,if any longer term benefit to restoring confidence and growth in the economy from cash stimulus packages. We need job creation programs;the public sector has to step in and create these jobs and in the end the country will have some permanent value in terms of enhanced,new in frastruture that is badly needed. lets take a page on what got our economies going after WW11.