LIONEL PODCAST: The Philly Amtrak Disaster, America’s Pathetic Third World Infrastructure, Verizon/AOL Merger and Russia/USA Contretemps

Infrastructure. We look like a third world country. Our airports and rail stations look like a retro film. We can do better. Involve the Fed. Nationalize it. The problem with the Federal Reserve is that they see their role historically as saving failed banks – especially “zombie banks,’” bankrupt entities that just sit there busted and collapsed. They absorb government and Fed resources. They don’t provide investment, create jobs. Nada. To be competitive, to be conversant with a 21st century transportation platform, infrastructure investment is critical. I discuss more herein.

2013 Report Card for America’s Infrastructure

Russia/American “talks.” Russia maintains that the destabilization of Ukraine and the 2014 ouster of Viktor Yanukovych were the work of US support for the Kiev coup regime of Yatseniuk, Poroshenko, et al. The United States  officially provides “nonlethal security support” to Ukraine. The Russian press agency Sputnik News called not only this military support to the attention of its readers but also upcoming NATO exercises such as Sea Breeze 2015 and Saber Guardian/Rapid Trident 2015. Stop the Cold war rhetoric. Keep an eye on this. I explain herein as well.

And the Verizon/AOL merger. “Certainly the subscription business and the content businesses are very noteworthy. For us, the principal interest was around the ad tech platform,” said Verizon’s president of operations, John Stratton, at a Jefferies investor conference early Tuesday. Huh? What does this actually mean? Funny you should ask. Listen herein.

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