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Obama's Trickle Down Stimulus is Failing

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The President needs to take quick actions now to stop foreclosures and evictions, and create jobs.

First, he will need to declare and enforce a total moratorium on primary residence foreclosures and rent evictions to be lifted when the situation permits.

And, he will need to create a bottom up, government guaranteed loan program for residential energy conservation and renewable energy production.

Loan money directly to any home or commercial residential property owner to weatherize or install renewable energy systems. These bottom up projects will pay for themselves in the long-term.

These two simple actions will provide a humane housing stopgap, create only local, domestic jobs quickly, and be a long-term investment in our energy independence.

Bottom up, Mr. President, bottom up. Quick!

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Chaz Valenza is writer and small business owner in New Jersey. He earned his MBA from New York University's Stern School of Business. His current feature film project is "Single Point Failure" an insider's account of how the Reagan Administration (more...)
 
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