Oil is the problem. Renewable energy, made in America, is the answer. Renewable energy is the Erie Canal, the locomotive, the railroad, the little engine and the fuel that could and can drive our economy out of this crisis.
Don't call it stimulus. That will just get the know-nothing economists fighting with each other. It's an investment and it must be made now.
Start with enough money to put a new roof and solar energy system on every home in American. Grant every homeowner up to $40,000 in the form of a no interest loan with a payment equal to the loan amount divided by 360 months. These loans should be attached to the home's deed and pass on to the next owner until the grant is paid in full.
Necessary roofing a huge, quick boost in construction employment. by This Old House - PBS.
Next, I want to see windmills. They are the most beautiful things in the world and I want to see them everywhere. I live at the Jersey Shore and I would love nothing more than to see windmills to the horizon and beyond as I peruse the Atlantic Ocean.
They say we may break-even on the Wall Street (extortion) bailout called the Troubled Asset Repurchase Program (TARP). Big deal. What was the estimated possible downside cost of the banks plunging 90% of us into turmoil? I'll remind you, $700 billion. That ought to be enough.
Let's INVEST $700 billion over ten years on renewable energy. Earmark all of it for American companies and American labor. You off shore anything, you're out. Better set up a separate company to do this and we will be looking at the books, records and up your ass to see if you're hiding a H1B.
Don't tell me we can't spend it all in America. We can. (See Number Two).
Break-even? Ha! America will be ready for anything. America will be so green the sky might fall. The return on investment will be in multiples of hundreds, just like the old Erie Canal which, by the way, was called Governor Clinton's Folly. It proved to be one of the best investments New York State ever made.
Oh, you politicians that don't want to do this. As we say here in New Jersey, I would hate for to see sometem' bad happen to such a nice guy such as yourself. If you know what I mean.