http://drummondpike.tides.org/index.php/2009/04/01/vantage-point-europe/ Drummond Pike's Blog Fri, 10 Feb 2012 12:16:43 +0000 http://wordpress.org/?v=2.3.3 http://drummondpike.tides.org/index.php/2009/04/01/vantage-point-europe/#comment-1982 Menlo Bob Tue, 30 Jun 2009 16:37:12 +0000 http://drummondpike.tides.org/index.php/2009/04/01/vantage-point-europe/#comment-1982 As you well know investments are vehicles to produce profits. Using tax dollars (or Euros) to build railroads are enormously expensive. They are called investments by the same logic that refers to civic expenditures for baseball stadiums as investments. In other words they consume dollars, not produce more dollars. As you well know investments are vehicles to produce profits. Using tax dollars (or Euros) to build railroads are enormously expensive. They are called investments by the same logic that refers to civic expenditures for baseball stadiums as investments. In other words they consume dollars, not produce more dollars.

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