Energy Independence US Treasury Savings Bonds

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Comment by Jack Costantino on April 30, 2009 at 8:43pm

Comment by Jack Costantino on April 27, 2009 at 6:15am

Good Monday Morning all...

When you have a moment please reach out and congratulate Mike Morton, DL, NJ-04 and Alan Hamilton, DL, NJ02 (NJDL Delegation) for their amazing Pickens Plan outreach this weekend at the Haneman Park, Earth Day Festival sponsored by ACUA.

They signed 168 pledges and connected with several candidates for a Pickens U Chapter., a great accomplishment (especially in near 100 degree temps) and worth a giant pat on the back from all DL's. They have a number of other events planned at venues with FREE booth space. It might be worth considering for your group. As you may know all DL's in New Jersey formed a Delegation which works together in unison to achieve joint objectives. It's been a great experience. It's a productive way to spread out the work and expand each districts capacity.

We are in the discussion stage of a Towne Hall event; something far more difficult to do without lots of help. Try it in your State.

Jack
DL, NJ-11
NJDL

Comment by Michael Shawn Kendall on April 24, 2009 at 10:26am

Hello group, just checking in. I've been very busy. See there are new members and congratulations to them and thanks! Keep the faith and best regards, Mike

Comment by John Laberge on April 21, 2009 at 9:04pm

Michael Kendall, I see in the press the idea of Rebuild America Bonds is being introduced...but it does not seem aimed at the small investor as your concept is...also it is not as clearly targeted, with clear distinct bond types for very specific purposes...Your concept seems to me to be superiorly democratic in structure and scope....Keep pushing! and good luck!

Comment by John Laberge on April 21, 2009 at 8:59pm

When corporations have so much power as to overpower the government and turn it into their private vehicle with which to do their will and their bidding for their personal profit, the free market really ceases to exist....

Comment by Jack Costantino on April 21, 2009 at 5:42am

Hi all...

The NJDLD (New Jersey District Leader Delegation) is discussing strategies for a Towne Hall meeting event this fall. We are reaching out to regular members and RL's who have participated in or produced these events in the past and asking for advice and information on the process. It's not evident or conclusive at this point that Boone's schedule will accomodate a personal appearance which we would prefer; but want to consider it anyway as an important community outreach for the PP objectives and clean energy in general.

If anyone can share their experience or provide some direction about how an event of this nature is assembled, advertised, funded, etc., we would appreciate it. We are considering a University setting or other public venue which might be willing to provide the space. We would like to attract several 100 to 1000 attendance and have also discussed a live PBS TV feed.

Any assistance would be helpful.

Thanks,
Jack Costantino, DL, NJ-11
NJDLD

Comment by www.41WorldUSA.com on April 19, 2009 at 5:57pm

Michael,
This is a fantastic job on U.S. Savings Bonds for Energy Independence. Thank you very much Sir and keep up the excellent work around USA and World Mike!
Sincerely, 41 World USA Global Company www.41WorldUSA.com

Comment by Jack Costantino on April 14, 2009 at 4:30pm

Hi Mike
Just passing through and wanted to wave hello. I hope your tour is going well.
Stay safe,
jack

Comment by Michael Shawn Kendall on April 14, 2009 at 11:18am

Mary, That was an excellent post and I can tell you are one of our great thinkers as well as the level of knowledge is amazing. I am really grateful for you and others like you who are participating in this group.
Sincerely,
Mike Kendall

Comment by Mary Putnam on April 14, 2009 at 9:01am

Because every coin has two sides, I hope that all Pickens Plan Members will read this and make the choice that best fits their ideals. The only ideals that I will discuss here are economic. This is not about partisan politics. There are multiple theories of economics, when modeled mathematically may not represent reality. Predicting the effect of economic “tweaking” is like trying to predict the weather. What we can do is look at the history of economic outcomes and choose to follow those that have brought strong economy.

A free market is a market that is free of government intervention and regulation, besides the minimal function of maintaining the legal system and protecting property rights, and is also free of private force and fraud. In a free market, property rights are voluntarily exchanged at a price arranged solely by the mutual consent of sellers and buyers. By definition, buyers and sellers do not coerce each other, in the sense that they obtain each other's property without the use of physical force, threat of physical force, or fraud, nor is the coerced by a third party (such as by government via transfer payments). In addition, in a free market, force is not used to prevent competition among buyers or among sellers (called free competition). Therefore, force is not a determinant of price, but rather price is the effect of buying and selling decisions en masse as described by the law of supply and demand.

A planned economy or directed economy is an economic system in which the government or workers' councils manage the economy. It is an economic system in which the central government makes all decisions on the production and consumption of goods and services. In such economies, central economic planning by the state or government is so extensive that it controls all major sectors of the economy and formulates all decisions about their use and about the distribution of income. The planners decide what should be produced and direct enterprises to produce those goods.
A planned economy may consist of state-owned enterprises, private enterprises directed by the state, or a combination of both. Though "planned economy" and "command economy" are often used as synonyms, some make the distinction that under a command economy, the means of production are publicly owned. That is, a planned economy is "an economic system in which the government controls and regulates production, distribution, prices, etc." but a command economy, while also having this type of regulation, necessarily has substantial public ownership of industry.
Less extensive forms of planned economies include those that use indicative planning, in which the state employs "influence, subsidies, grants, and taxes, but does not compel.” This latter is sometimes referred to as a "planned market economy". America has used this extensively to attempt to steer the economy.

Some people believe that Article 6 of the constitution gives the right of banking. It basically states that debts incurred before the Constitution are valid. http://en.wikipedia.org/wiki/Article_Six_of_the_United_States_Constitution

Others claim that since the US Government formed a bank in 1791 that set the precedence of intention. The purpose was to
1) Establish financial order in the new nation
2) Establish credit for the new nation, domestically and internationally.
3) Resolve the issue of multiple currencies in trade at that time.
The issues were hotly debated and many considered it unconstitutional. President Washington was hesitant to act. The sponsor of the bill, Hamilton, positioned the bill thus
• Any government by its very nature was sovereign "and includes by force of the term a right to attainment of the ends...which are not precluded by restrictions & exceptions specified in the constitution...[6]
Washington did not veto, he simply did not answer. Thus the Bill was passed and the bank was formed. Some years later another bill came to pass to sell the bank in lieu of raising taxes. Hamilton was against this because the design of the bank was to use profits to eliminate debt. He lost the argument and the bank was sold off. http://en.wikipedia.org/wiki/First_Bank_of_the_United_States

Establishment of Federal Reserve System after the Great Depression was an attempt to flush money into the failed economy. It has resulted in the removal of the US from the gold standard. Which, has eroded confidence in the American dollar over time. It is interesting to note that the national budget has not been balanced since this occurred.

The government has attempted to steer the economy with mixed results. Oftentimes they have gained short term success, which has resulted in long term problems. Politicians measure their success by votes. Establishing a bank, that is marketed as solving the sustainable energy crisis, is not sound economically or politically. It is exactly this type of government interference that has led us to the state we are in today.

I believe that the American people contain within them a level of desire to exceed and excel. I recently met with an executive, of a state owned monopoly, in Algeria. His deliemma is that he has a dream to improve the way the company does business. He has employees whose jobs are secure due to “tenure” or politics. He stated clearly they do not care if we improve they only care to keep their paycheck. Watch this short video clip on how free market economies have helped the world. http://www.youtube.com/watch?v=MBB7l-SfoK4&feature=PlayList&p=07D6FD1DD256E0F4&index=8&playnext=2&playnext_from=PL

I have spent considerable time researching world economies. The reality is the US has historically been the strongest. History has shown when a government provides secure infrastructure in the form of roads, energy water and communications the economy flourishes. When the government controls manufacturing, banking, transportation etc the economy disintegrates. Let us encourage our government to give us what we need to succeed, anything more will undo the good that has been done.

My two cents
Mary Putnam

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