On TV.com: Watch Latest WWE SUPERSTARS
BNET Business Network:
BNET
TechRepublic
ZDNet
TalkBack 5 of 47:
Next »
« Previous
The problem . . .
I see the problem as being very simple. These cities are using the force of government to tax people to raise risk capital.

Part of the cost of building an infrastructure in the private sector is paying for risk capital. The reason risk capital (start up money) is borrowed at a premium is if the project goes bust the investors lose their money.

Government should not be engaging in risk ventures with money it is collecting by force. No one should not be forced to invest their money in risk ventures even if those ventures are a quote "sure thing".

Even more important than the question of risking taxpayer monies, is the question of whether this is an area where government should be involved at all. The purpose of government is to provide a peaceful means of dispute resolution and a common defense against public enemies. To the extent government branches out into other "services" its commitment to its core functions is lost in the debate over what extra services it should provide and since it can't provide service to everyone who will be the beneficiaries of subsidized government services.

bjorn
Posted by: bjornafreeman@...   Posted on: 03/01/04 You are currently: a Guest | Members login | Terms of Use
Reply to Story Reply to Message

Alert moderator to an offensive message

Subscribe to this discussion via Email or RSS

I don't see the problem...  BitTwiddler | 03/01/04
I Do  rlodge@... | 03/01/04
are you kidding  JWatson77 | 03/01/04
Re: are you kidding  rlodge@... | 03/01/04
The problem . . .  bjornafreeman@... | 03/01/04
Good post, and good points.  No_Ax_to_Grind | 03/01/04
Indeed..... but  DarbyOhara | 03/02/04
The wave of the future of Networking  DragonBRockin | 03/01/04
My only concern  madrush8 | 03/01/04
I don't see the problem either  JWatson77 | 03/01/04
The only problem I see  Chad_z | 03/01/04
Free Enterprise at its best.  mstump | 03/01/04
Really, the schools getting the best deal for taxpayers.  DonnieBoy | 03/01/04
I don't believe that is true.  No_Ax_to_Grind | 03/01/04
Illegal Search and Seizure  Bit Bucketteer | 03/01/04
It happens everyday.  No_Ax_to_Grind | 03/01/04
Think you'll ever get it right bitty?  NoB$ | 03/01/04
bitty, wrong, again, as usual  NoB$ | 03/01/04
Amazing  ParadigmOdyssey | 03/01/04
Utilities are utilities  specialk_z | 03/01/04
Exactly!  George Mitchell | 03/01/04
BIG difference.  No_Ax_to_Grind | 03/01/04
Utility Definition  Letophoro | 03/01/04
bitty in the wrong thread  NoB$ | 03/01/04
Home Depot Network rant  AppealsIT | 03/01/04
(NT) Are you sure you don't mean "Home Despot?"  Jack-Booted EULA | 03/01/04
The one concern  madrush8 | 03/01/04
Valid concern  AppealsIT | 03/01/04
In that case...  madrush8 | 03/01/04
Pork  AppealsIT | 03/01/04
Benefits aren't always easy to see but easy to abuse.  Bit Bucketteer | 03/02/04
See water/sewer bill (NT)  specialk_z | 03/01/04
Poor example.  No_Ax_to_Grind | 03/01/04
Not at All  Letophoro | 03/01/04
Your city needs to be sued.  No_Ax_to_Grind | 03/01/04
bitty's a poor example  NoB$ | 03/01/04
Corporate Government?  No_Ax_to_Grind | 03/01/04
I don't think I believe bitty. Does anyone else?  NoB$ | 03/01/04
Public vs. Private  Bit Bucketteer | 03/02/04
Telco's are hypocrites  George Mitchell | 03/01/04
Loose translation.  Jack-Booted EULA | 03/01/04
Communities finally doing as I had encouraged  jfalknor | 03/01/04
Communities are being sued for doing it.  No_Ax_to_Grind | 03/01/04
bit blight gets more pathetic  NoB$ | 03/01/04
The Progress and Freedom Foundation Study has been REBUTTED  ssnelgrove | 03/01/04
Thoughtful Ideas but ...  CLB_z | 03/01/04
Reverse (On-shore) OUTSOURCING?  kd5auq | 03/01/04

What do you think?

SponsoredWhite Papers, Webcasts, and Downloads

advertisement

SmartPlanet

Click Here