9 thoughts on “NEWS AND VIEWS FROM THE NEFARIUM FEB 2 2017”

  1. Robert Barricklow

    Private Power’s Vulture Capitalist will feast what’s left of Public Power’s carcass when this finally wraps itself up.

    1. BND: let’s hope that there will be more of these “hacks from North Dakota” to challenge the debt slavery model.

  2. So the bottom line is that major investments will be made basically using the free money provided by central banks to US and Japanese megacorporations. Better to have it in real infrastuctures than in black projects. From a European prospective I don’t understand those atavic fears about railways and “Agenda 21) expressed by channels like “infowars”: now that it is Trump’s project, will they change their minds?
    Then those mixed messages as to job creation and job automation i.e. destruction (Brahma and Shiva…).
    And all those bankers in the administration. It could well be that the presence of the Goldman Sacks (as in SACKING invaded countries…) people is due to their expertise in “reshoring” money. As the old English saying goes, “Set a thief to catch a thief”. Things are moving fast, but by its very nature the debt slavery system will not be reformed overnight – assuming that someone actually is working to reform it..

  3. The way that these deals typically work, is that the investor gets to establish limitations on the use of the money. In the case of a high-speed rail, there are significant Japanese technologies, in particular the trains themselves, as well as technologies for for building the track beds. In the event that this were to go through, I would imagine that the Japanese government would make sure that the corporations that are accepting this money, Will have a earmarked to buy Japanese train technology and track improvement equipment.

    Since Railroads are privately owned, in this particular case it makes sense that those investments would be made in private corporations, which as you know are the ones who, separately, on the tracks, and operate the rolling stock.

    I’m struggling to identify where the liability is, except in the event that the US government might be a party to the loans. The good news is that the Bankster’s do not appear to be in charge. It looks like the doers are in charge

    1. If I were making a magtnetic super speed train, I dont think Id buy from anyone else other than the Japense.. They’re the only people who’ve made it work.. Albeit at an horrendously expensive cost.. But now we have Metallic Hydrogen, Quantique Computers and Super conducteurs… Tis but a question of time..

    2. I fully agree with your analysis here, Kelly Em. If, as Joseph posits, the main focus of Trump’s infrastructure development push is to be railroads and specifically a significant upgrade to rail freight infrastructure, then of course that will concern the large US rail conglomerates, not FedGov. (Amtrak is an afterthought and outside of the inherited Northeast Corridor inherited from the collapse of PRR/Penn-Central, it relies on the largess of Congress and the patience of its host railroads for access to their rights of way. Fast rail is not viable in the US outside of the densely populated Northeast and a few other areas, so air remains king.)

      It obviously follows that the Japanese government would want to invest heavily in this as they will then be promoting/subsidizing their own corporations, who are world leaders in advanced rail and will get a nice cut of the action. The question remains to be seen, exactly who will be paying the bills, who will be holding the bonds, and who will profit?

      1. We might recall (in a whisper) that railways can be nationalized if the robber barons get too greedy. Impossible in the US? Never say never.

  4. The problem with this is this would be the MTA of New York City on steroids. Does anyone on this website know what the subway fare over there is now it was 75cents in 1983 when I left the states that year. The payment of the infrastructure was paid off decades ago but the straphangers are still paying off the debt to the so called investors to this day every time the use subway.

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