'United Stated Energy Bonds' Can Revive The Economy Quickly

Re: 'United Stated Energy Bonds' and 'United States Energy Stamps'
Immediate funding for new national alternative energy infrastructure
Immediate funding for millions of jobs
Developing capital apart from Wall Street or tax revenues

Within every problem lies an opportunity. We can immediately take advantage of this truth to greatly benefit our country by addressing several problems simultaneously.

We need a large number of new jobs for the people of America, (millions of jobs ASAP).
We need a trillion dollars a year in capital for the next ten or so years to build a new alternative energy base for our country.
We need to raise this enormous sum of money, to the greatest extent, without recourse to the financial industry, which is in turmoil and is likely to remain so for a long time, or to the country's general tax revenues, of which there are not nearly enough for all the other demands already being made upon them.

The government is fiscally stretched, with huge deficits and it will be difficult to fund programs that will put people to work, without fueling inflation.

An old idea, modernized Liberty Bonds can help solve all these problems.

'United Stated Energy Bonds' and 'United States Energy Stamps'

United States Energy Backed Financial Instruments are an excellent alternative solution, that will generate enormous amounts of capital without upsetting other areas of the economy. There is a huge pool of money available within our country and around the world that could purchase these instruments. And these can be offered within a very short period of time, 60 to 90 days after the new President is sworn in.

Energy bonds will generate hundreds of billions of dollars, very quickly and eventually as the funds are repaid, create a capital fund of several trillions of dollars.

United States Energy Backed Financial Instruments would be placed with the citizens of our country or citizens of the world. They would pay a modest interest and would be repaid from the money that is saved or earned from the energy projects both small and large, that are funded with the money raised through them.

The money raised with Energy Bonds should be legally segregated from the general funds raised through taxes and other revenue procedures of the Federal Government, allowing them to build to the tremendous levels that will be required to redevelop our energy generation and energy use infrastructure. These funds should not be commingled in any way with other government funds. This money should be loaned or should be used for loan guarantees, rather than given or granted. With time, as this pool of money grows, enormous amounts of money will be available to help launch the many large alternative energy projects the business and industrial sectors of United States must build (high mileage autos, solar thermal generators, solid state power panel manufacturing and other facilities to produce all the necessary equipment and systems),and also, to capitalize the very great amount of work, the people must do, (home energy improvements, water and air heating systems, heat pumps, distributed end use solar electric systems, et c.), to re-found our country on a new secure energy base.

Eventually, in ten or twenty or thirty years, when the new alternative energy infrastructure has come into existence, and the enormous pool of funds that will have built it up is no longer required, the money might be turned over to the social security administration to cover the enormous cost of social security and other entitlement programs. The U.S. is facing huge funding deficits for these social programs, daunting problems that have no apparent solution at this time. The future Energy Bond Fund, having served it's intended purpose, might help solve these deficit problems.

In conclusion, it should be noted, that Energy Bonds would be unique revenue bonds that fund projects that will pay the interest and repay the principal. The money raised through their use would be raised apart from Wall Street. In this way, the shortage of credit in the financial community will have very little or no effect on the raising of money needed to finance a new alternative energy infrastructure. Building the infrastructure will generate millions of new jobs the U.S. needs to create as quickly as possible. And the Economy will boom as all this money flows into the hands of our people.

The secret to the power of Energy Bonds is due to their unique ability to be repaid with money from energy saved or from energy generated and sold. Unlike a typical revenue bond, such as bonds repaid from tolls on a new bridge or highway, Energy Bonds will lower costs and/or raise income that will pay the bond's obligations.

This unique repayment situation will make United States Energy Bonds the most secure bonds on earth.

In these ways, many problems and many opportunities can combine to create many excellent solutions.

There are several other benefits to using Energy Bonds to capitalize a new energy system for the United States, but time and space are limited.

Strengthening The Economy With Alternative Energy Development

The value of all paper currency depends on the real cost of fundamental energy. This means the cost of coal, oil, and gas, along with the cost of electricity from hydroelectric and nuclear generation facilities together set the value of the dollar for the U.S. and determine the real level of health and soundness of the economy. This is the all important sub-basement for all economic activity, including the much beleaguered credit markets.

This being so, if the U.S. would pull out of Iraq and Afghanistan and spend that money on building new energy infrastructure and systems that harvest energy from within our own territories, our economy would turn around and boom within 12 to 18 months!

This is the simplest and quickest way to put the economy back on a sound footing.

Folks, a trillion dollars a year spent on our energy independence will solve most of the serious problems with the United States!

This is the very best thing the people of the United States can do to help themselves out of the financial mess they find themselves in today, Sept. 29, 2008.

Working Together, Our America Can Do Better In The 21st Century!

Now, the eighth year into the 21st century, America, our America is beset with several enormous problems that must be overcome, and quickly.

If our country is to continue to be the strong, safe, prosperous, and admirable nation we love, we the citizens, we who do the sweating, the crying, the bleeding and the dying, must look to our selves for the needed solutions, rather than to our supposed leaders. The purpose of this blog is to find some of those answers and share them with our fellows, that we might, working together, overcome them all.

No one from another time could look at the United States of September 2008 and not be surprised, if not appalled, by the breadth, scope and depth of the problems presently facing the country.

We have:
A catastrophic rise in the cost of all energy.
An outpouring of our country's disposable cash for energy imports.
A massive economic (credit) shrinkage bordering on a collapse due to the cash outflow for energy and and other imported goods.
Record imbalances of payments in trade.
Record personal, corporate, and government debt.
Record bank and business failures.
Record number of personal backruptcies.
Two ineffective, bankrupting wars in the mid-east.
The wholesale shipping of many of the best jobs out of the U.S.
A rapidly rising cost for entitlement programs such as Social Security and an aging middle class.

Most of these problems are the resulting consequences of a long time of profligacy, corruption and greed by our leaders, both business and elected, and a substantial portion of our people, who nurture the hope, that they will be, one day, one of the fortunate few at ease in their daily lives (read wealthy), able to entertain most any whim, cut loose from the restraints of modesty, decorum (proper behavior) or conscience.

Unfortunately, this deeply rooted and cherished goal, this goal which is the empowering motive for most of the work and activity of our citizens, is in reality a nest of snakes. And it is a nest whose eggs are beginning to hatch.

If concern for one's self and wealth are the preeminent values in one's life, setting aside any real concern for others, for family, for friends, for community and nation, then these relations that encompass, anchor, secure and protect one's life can not long endure. With the failure of these vital human supports, all else is swept away. Ironically, the prize so eagerly and energetically pursued is also lost - for all time. To turn one's back on these social supports and one's responsibilities to them, is to make a choice that guarantees the collapse of our families, our communities, and our country.

Simply stated, a deep seated immorality and intense selfishness and greed are the roots of all the serious problems coming ashore in the United States.

These values must change if we want our society and our country to continue!

The list of problems we must face and overcome in our near future, is by any measure, nearly overwhelming. Nevertheless, overcome them we must, if we are to preserve anything even vaguely resembling our present quality of life.

The important questions to answer are, how?