PickensPlan

Richard Bradford

FINANCE THE PLAN (THE 20% GROUP)

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FINANCE THE PLAN (THE 20% GROUP)

Group discussion about plans to finance the Pickens Plan. Long term project paying long term dividands. Private Equity "Own the Plan"

Location: Davie, Florida
Members: 211
Latest Activity: 1 day ago

Group Discussions on investment opportunities, creation of SB11 or Charter 501 corportation, establish project funding goals, investment rules, and contractor eligibility requirements.

The first stage - PHASE ONE - of this finance discussion will involve organizational structure, trustee selection, and fund investment type. The fund will invest its resources for purchase of land condusive to development of wind farms, lease land that located in optimal kenetic energy harvesting locations, contracting with grid developers, construct grids to allow distribution of power from plain states to eastern sea board, finance corporations who will be contracted under the Pickens Plan. Market Cap equal to $200 Billion dollars in private sector capital.

The second stage - PHASE TWO -involves listing decisions, such as portfolio options, direct marketing to employer stock plans, and more specific financial decision making relating to the investment options. The fund will be managed primarily by the trustee (tbd) offering IRA purchase options for Americans who do not have a 401K administrator willing to list the fund as an investment option in their current employee stock fund.

The third stage - PHASE THREE - will consist of fund raising or sale of the funds stock which will take no longer than twenty four months. The fund will invest only in licensed corporations with expertise and specialties relating the execution of land lease contracts, manufacture of products, or construction of wind farms.

Initial set up and execution of the fund will be made by private donars who will be eligible for recovery of operational expenses; not to exceed one tenth of one percent of total funds raised. Fund raising goal is two hundred billion ($200,000,000,000.00) dollars in less than twenty four months.

Discussion Forum

Richard Bradford

PHASE ONE 30 Replies

Started by Richard Bradford. Last reply by Cory Houston Jun 19.

Richard Bradford

PHASE TWO 7 Replies

Started by Richard Bradford. Last reply by ML Hayes Oct. 22, 2008.

Richard Bradford

PHASE THREE 5 Replies

Started by Richard Bradford. Last reply by Marlene H. Dec. 3, 2008.

Multi-Million $ Plants will increase Wind Turbine Production

Climate Change and Human Development

The Human Development Report 2007/2008 warns that the world has less than a decade to avoid a climate change crisis that could bring unprecedented reversals in poverty reduction, nutrition, health and

Added: 12/15/2008 12:08:46 PM

Save Money and Energy This Holiday Season

One of the easiest ways to save a few dollars is by making your home more energy efficient. For many families decking the halls means adorning the house with a breathtaking display of holiday lights,

Added: 12/15/2008 9:07:28 AM

Comment Wall

Comment

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Michael Comment by Michael on December 5, 2008 at 11:59pm
Hello Richard
Thanks for your good work.
I would like to invite the members of your group to join the group Wanted Patents, New products and stay informed in all the new developments in Green Energy.
Hope to see you all there. Let's all continue to work together on PickensPlan.
Michael
coordinator@wantedpatents.com
http://push.pickensplan.com/group/wantedpatentsprototypesnewproductsinventions/a>
Earl Allen Boek Comment by Earl Allen Boek on November 20, 2008 at 7:23am
EXCLUSIVE: For a Sneak Peek At What A President Obama's Energy Plan
For American Might Look Like...Visit My Picken's Plan Group Discussion At
YESWECANSOLVEIT

Al Boek
American Energy Conservation Group
"We Produce NegaWatts"
Redding, CA. 96003
530-549-4315
W. Dan Chance Comment by W. Dan Chance on November 5, 2008 at 8:11am
Kim Anderson just sent us an email asking us to participate in a FOX News survey on the question of what must be done first. We need to do that.

The email is americas-talking@foxnews.com

Here is my contribution:

When a family looks at their expenses, they often have to decide whether to continue the membership in the club or cable TV. The nation has a huge discretionary expense in the way we provide for our energy needs. At present we send $700 billion/year to other nations. If we stop doing that by substituting domestic energy sources we can drop that by $300 billion almost immediately. How soon depends on Congress and the new administration. The only practical plan for making this happen is The Pickens Plan.
The 1st priority should be the adoption and implementation of The Pickens Plan.
That will give us the shot in the arm to solve all the other problems. Millions of "green" jobs will be created. Families will be able to pay their mortgages and their healthcare costs. Lenders will feel the relief through the private sector and soon some of the $700 billion bailout will be repaid to the US treasury.
Michael, Houston Comment by Michael, Houston on November 1, 2008 at 6:53am
Thousands of new GREEN JOBS are now posted on GREEN JOBS NOW! group page. Join the group today and we will keep you informed. http://push.pickensplan.com/group/greenjobsnowcom
Tell your friends looking for a job to sign up on the PickensPlan and upload their resume FREE at: www.green-jobs-now.com
Melissa
coordinator@green-jobs-now.com
Wade Wilson Comment by Wade Wilson on October 28, 2008 at 1:13pm
My name is Wade Wilson and I am President of Legacy Energy Group, LLC. Our primary focus at this time is Community Wind and Biomass Power projects. These type projects support local economies with good-paying jobs; landowner fees; and, taxes paid to schools, towns, counties and others.

A community organization such as Cities, Counties, Schools, Economic Development Organizations, Non-Profits or most groups serving the community as a whole may participate in up to 20% ownership of a wind farm with no capital expenditures and they have the OPTION to increase participation by an additional 10% with very little capital outlay. This program helps promote energy independence as well as providing good paying green jobs within the community and provides long term income that stays in the community.

Our program includes all development capital as well as construction funding. If you would like to help promote a community wind project in your community please join our group or contact us for more information. We are currently working on several projects and are more than willing to give references to serious parties.

Thank you,

Wade
W. Dan Chance Comment by W. Dan Chance on October 25, 2008 at 7:29pm
I favor taking back the extraordinary profits that big oil has made from consumers. They were telling Congress and the American public that they were just covering their costs as the price per barrel rose but all the while they were laughing up their sleeve. (Do people say thay any more?) They were gouging us and they knew it. Their earnings reports prove that they were making more profit than ever while the price per barrel went up. Gouging should be a criminal offense but I'd settle for getting the money back and making them invest it in infrastructure to refuel vehicles with alternative fuels like CNG, hydrogen, Ammonia and Electricity.
Mike Anthony Fernald Sr. Comment by Mike Anthony Fernald Sr. on October 23, 2008 at 10:48am
Mike Anthony Fernald Sr. Comment by Mike Anthony Fernald Sr. on October 23, 2008 at 9:37am
An Open Letter to the President, the Congress, and the American people
Concerning Reform of the Federal Tax Code
Dear Mr. President, Members of Congress, and Fellow Americans,
We, the undersigned business and university economists, welcome and applaud the ongoing
initiative to reform the federal tax code. We urge the President and the Congress to work
together in good faith to pass and sign into federal law H.R. 25 and S. 25, which together call
for:
• Eliminating all federal income taxes for individuals and corporations,
• Eliminating all federal payroll withholding taxes,
• Abolishing estate and capital gains taxes, and
• Repealing the 16th Amendment
We are not calling for elimination of federal taxation, which would be irresponsible and
undesirable. Nor does our endorsement call for reduced federal spending. The tax reform plan
we endorse is revenue neutral, collecting as much federal tax revenue as the current income tax
code, including payroll withholding taxes.
We are calling for elimination of federal income taxes and federal payroll withholding taxes.
We endorse replacing these costly, oppressively complex, and economically inefficient taxes
with a progressive national retail sales tax, such as the tax plan offered by H.R. 25 and S. 25 –
which is also known as the FairTax Plan. The FairTax Plan has been introduced in the 109th
Congress and had 54 co-sponsors in the 108th Congress.
If passed and signed into law, the FairTax Plan would:
• Enable workers and retirees to receive 100% of their paychecks and pension benefits,
• Replace all federal income and payroll taxes with a simple, progressive, visible,
efficiently collected national retail sales tax, which would be levied on the final sale of
newly produced goods and services,
• Rebate to all households each month the federal sales tax they pay on basic necessities,
up to an independently determined level of spending (a.k.a., the poverty level, as
determined by the Department of Health and Human Services), which removes the
burden of federal taxation on the poor and makes the FairTax Plan as progressive as the
current tax code,
• Collect the national sales tax at the retail cash register, just as 45 states already do,
• Set a federal sales tax rate that is revenue neutral, thereby raising the same amount of tax
revenue as now raised by federal income taxes plus payroll withholding taxes,
• Continue Social Security and Medicare benefits as provided by law; only the means of
tax collection changes,
• Eliminate all filing of individual federal tax returns,
• Eliminate the IRS and all audits of individual taxpayers; only audits of retailers would be
needed, greatly reducing the cost of enforcing the federal tax code,
An Open Letter to the President, the Congress, and the American people
-2-
• Allow states the option of collecting the national retail sales tax, in return for a fee, along
with their state and local sales taxes,
• Collect federal sales tax from every retail consumer in the country, whether citizen or
undocumented alien, which will enlarge the federal tax base,
• Collect federal sales tax on all consumption spending on new final goods and services,
whether the dollars used to finance the spending are generated legally, illegally, or in the
huge “underground economy,”
• Dramatically reduce federal tax compliance costs paid by businesses, which are now
embedded and hidden in retail prices, placing U.S. businesses at a disadvantage in world
markets,
• Bring greater accountability and visibility to federal tax collection,
• Attract foreign equity investment to the United States, as well as encourage U.S. firms to
locate new capital projects in the United States that might otherwise go abroad, and
• Not tax spending for education, since H.R. 25 and S. 25 define expenditure on education
to be investment, not consumption, which will make education about half as expensive
for American families as it is now.
The current U.S. income tax code is widely regarded by just about everyone as unfair,
complex, wasteful, confusing, and costly. Businesses and other organizations spend more than
six billion hours each year complying with the federal tax code. Estimated compliance costs
conservatively top $225 billion annually – costs that are ultimately embedded in retail prices paid
by consumers.
The Internal Revenue Code cannot simply be “fixed,” which is amply demonstrated by more
than 35 years of attempted tax code reform, each round resulting in yet more complexity and
unrelenting, page-after-page, mind-numbing verbiage (now exceeding 54,000 pages containing
more than 2.8 million words).
Our nation’s current income tax alters business decisions in ways that limit growth in
productivity. The federal income tax also alters saving and investment decisions of households,
which dramatically reduces the economy’s potential for growth and job creation.
Payroll withholding taxes are regressive, hitting hardest those least able to pay. Simply
stated, the complexity and frequently changing rules of the federal income tax code make our
country less competitive in the global economy and rob the nation of its full potential for growth
and job creation.
In summary, the economic benefits of the FairTax Plan are compelling. The FairTax Plan
eliminates the tax bias against work, saving, and investment, which would lead to higher rates of
economic growth, faster growth in productivity, more jobs, lower interest rates, and a higher
standard of living for the American people.
An Open Letter to the President, the Congress, and the American people
-3-
The America proposed by the FairTax Plan would feature:
• no federal income taxes,
• no payroll taxes,
• no self-employment taxes,
• no capital gains taxes,
• no gift or estate taxes,
• no alternative minimum taxes,
• no corporate taxes,
• no payroll withholding,
• no taxes on Social Security benefits or pension benefits,
• no personal tax forms,
• no personal or business income tax record keeping, and
• no personal income tax filing whatsoever.
No Internal Revenue Service; no April 15th; all gone, forever.
We believe that many Americans will favor the FairTax Plan proposed by H.R. 25 and S. 25,
although some may say, “it simply can’t be done.” Many said the same thing to the grassroots
progressives who won women the right to vote, to those who made collective bargaining a reality
for union members, and to the Freedom Riders who made civil rights a reality in America.
We urge Congress not to abandon the FairTax Plan simply because it will be difficult to face
the objections of entrenched special interest groups – groups who now benefit from the
complexity and tax preferences of the status quo. The comparative advantage and benefits
offered by the FairTax Plan to the vast majority of Americans is simply too high a cost to pay.
Therefore, we the undersigned professional and university economists, endorse a progressive
national retail sales tax plan, as provided by the FairTax Plan. We urge Congress to make H.R.
25 and S. 25 federal law, and then to work swiftly to repeal the 16th Amendment.
Respectfully,
Donald L. Alexander
Professor of Economics
Western Michigan University
Wayne Angell
Angell Economics
Jim Araji
Professor of Agricultural
Economics
University of Idaho
Ray Ball
Graduate School of Business
University of Chicago
Roger J. Beck
Professor Emeritus
Southern Illinois University,
Carbondale
John J. Bethune
Kennedy Chair of Free
Enterprise
Barton College
David M. Brasington
Louisiana State University
Jack A. Chambless
Professor of Economics
Valencia College
Christopher K. Coombs
Louisiana State University
William J. Corcoran, Ph.D.
University of Nebraska at
Omaha
Eleanor D. Craig
Economics Department
University of Delaware
An Open Letter to the President, the Congress, and the American people
-4-
Susan Dadres, Ph.D.
Department of Economics
Southern Methodist University
Henry Demmert
Santa Clara University
Arthur De Vany
Professor Emeritus
Economics and Mathematical
Behavioral Sciences
University of California, Irvine
Pradeep Dubey
Leading Professor
Center for Game Theory
Dept. of Economics
SUNY at Stony Brook
Demissew Diro Ejara
William Paterson University of
New Jersey
Patricia J. Euzent
Department of Economics
University of Central Florida
John A. Flanders
Professor of Business and
Economics
Central Methodist University
Richard H. Fosberg, Ph.D.
William Paterson University
Gary L. French, Ph.D.
Senior Vice President
Nathan Associates Inc.
Professor James Frew
Economics Department
Willamette University
K. K. Fung
University of Memphis
Satya J. Gabriel, Ph.D.
Professor of Economics and
Finance
Mount Holyoke College
Dave Garthoff
Summit College
The University of Akron
Ronald D. Gilbert
Associate Professor of
Economics
Texas Tech University
Philip E. Graves
Department of Economics
University of Colorado
Bettina Bien Greaves, Retired
Foundation for Economic
Education
John Greenhut, Ph.D.
Associate Professor
Finance & Business Economics
School of Global Management
and Leadership
Arizona State University
Darrin V. Gulla
Dept. of Economics
University of Georgia
Jon Halvorson
Assistant Professor of
Economics
Indiana University of
Pennsylvania
Reza G. Hamzaee, Ph.D.
Professor of Economics &
Applied Decision Sciences
Department of Economics
Missouri Western State College
James M. Hvidding
Professor of Economics
Kutztown University
F. Jerry Ingram, Ph.D.
Professor of Economics and
Finance
The University of Louisiana-
Monroe
Drew Johnson
Fellow
Davenport Institute for Public
Policy
Pepperdine University
Steven J. Jordan
Visiting Assistant Professor
Virginia Tech
Department of Economics
Richard E. Just
University of Maryland
Dr. Michael S. Kaylen
Associate Professor
University of Missouri
David L. Kendall
Professor of Economics and
Finance
University of Virginia's College
at Wise
Peter M. Kerr
Professor of Economics
Southeast Missouri State
University
Miles Spencer Kimball
Professor of Economics
University of Michigan
James V. Koch
Department of Economics
Old Dominion University
Laurence J. Kotlikoff
Professor of Economics
Boston University
Edward J. López
Assistant Professor
University of North Texas
Franklin Lopez
Tulane University
Salvador Lopez
University of West Georgia
Yuri N. Maltsev, Ph.D.
Professor of Economics
Carthage College
Glenn MacDonald
John M. Olin Distinguished
Professor of Economics and
Strategy
Washington University in St.
Louis
Dr. John Merrifield,
Professor of Economics
University of Texas-San
Antonio
An Open Letter to the President, the Congress, and the American people
-5-
Dr. Matt Metzgar
Mount Union College
Carlisle Moody
Department of Economics
College of William and Mary
Andrew P. Morriss
Galen J. Roush Professor of
Business Law & Regulation
Case Western Reserve
University School of Law
Timothy Perri
Department of Economics
Appalachian State University
Mark J. Perry
School of Management and
Department of Economics
University of Michigan-Flint
Timothy Peterson
Assistant Professor
Economics and Management
Department
Gustavus Adolphus College
Ben Pierce
Central Missouri State
University
Michael K. Pippenger, Ph.D.
Associate Professor of
Economics
University of Alaska
Robert Piron
Professor of Economics
Oberlin College
Mattias Polborn
Department of Economics
University of Illinois
Joseph S. Pomykala, Ph.D.
Department of Economics
Towson University
Barry Popkin
University of North Carolina-
Chapel Hill
Steven W. Rick
Lecturer, University of
Wisconsin
Senior Economist, Credit Union
National Association
Paul H. Rubin
Samuel Candler Dobbs
Professor of Economics & Law
Department of Economics
Emory Univeristy
John Ruggiero
University of Dayton
Michael K. Salemi
Bowman and Gordon Gray
Professor of Economics
University of North Carolina at
Chapel Hill
Dr. Carole E. Scott
Richards College of Business
State University of West
Georgia
Carlos Seiglie
Dept. of Economics
Rutgers University
John Semmens
Economist
Phoenix College
Arizona
Alan C. Shapiro
Ivadelle and Theodore Johnson
Professor of Banking and
Finance
Marshall School of Business
University of Southern
California
Dr. Stephen Shmanske
Professor of Economics
California State University,
Hayward
James F. Smith
University of North Carolina-
Chapel Hill
Vernon L. Smith
Economist
W. James Smith
Dean of Liberal Arts and
Sciences and Professor of
Economics
University of Colorado at
Denver
John C. Soper
Boler School of Business
John Carroll University
Roger Spencer
Professor of Economics
Trinity University
Daniel A. Sumner, Director,
University of California
Agricultural Issues Center
and the Frank H. Buck, Jr.,
Chair Professor,
Department of Agricultural and
Resource Economics,
University of California, Davis
Curtis R. Taylor
Professor of Economics and
Business
Duke University
Robert Vigil
Analysis Group, Inc.
John H. Wicks, Ph.D.
Professor Emeritus
Department of Economics
University of Montana
F. Scott Wilson, Ph.D.
Canisius College
Mokhlis Y. Zaki
Professor of Economics
Emeritus
Northern Michigan Universit
Mike Anthony Fernald Sr. Comment by Mike Anthony Fernald Sr. on October 6, 2008 at 1:55am
Did you know we have 13 Trillion Dollars sitting in offshore accounts just waiting for the right smart people to access. All we need to do is implement the Fair Tax and bring those Funds back into the American Economy.

Please go to www.fairtax.org and see what you can do about this.

Please Keep me in the Loop!
Im with you 100% anything I can do in my power just call on me.

Mike Anthony
D.Thomas Laskowski Comment by D.Thomas Laskowski on October 4, 2008 at 10:58pm
Problems with the natural gas is drilling piping and still not an endless supply. I'll repeat me earlier question. "Has anyone checked out http://alcoholcanbeagas.com/ seams more fesable than converting to natural gas"
I've checked this book out, lots to read. But not only is this something we can make but he has crops for everyone there that have nothing to do with the food chain. Something that can be done as a singular entity to collaboration. Remember before Henry Ford used peanut oil then gas he used moonshine to fire some of his first engines. What was old can be new again. The engine conversion with install is about $350 to $500. Low to no emissions, easy vehicles conversion, crops that don't disturb the food chain and made in the US. No brainier!!!
 

Members (211)

Richard Bradford Bob Babcock Tom Zellars ML Hayes Marco Fleming JD Polk Marlene H. Mike Anthony Fernald Sr. MACIA RICHARDSON-BEY Donald E. Vandergriff (US Army retired) Jeff Smoley William R. Smith Tom Phill William McDavid Roy R Jim McConnell Arnold L. Manheimer Jamie Brown Earl Allen Boek Gary Jorgenson Karl Buesching Cory Houston Brad Bowman John A Mucha Raymond Baran Jason W. Hill Sarah Anderson T L Newman Ryan
 
 

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