Energy Independence US Treasury Savings Bonds
There are alot of problems with the banks nowadays. People don't even know where all the 350 billion dollars in bail out money went to that was given to the banks. They do know some of it went to bonuses to reward the people that got us into this mess. When you deposit money in the bank you never know where it goes.
With traditional saviings bonds you know it is going to the US Government but that is it.
What if you could deposit money into your savings account (or in this case you buy Energy Independence Savings Bonds) and could decide the good cause your money was being invested in and at the same time get interest? That is what I am proposing.
We all know there are worsening economic times approaching. Energy Independence Savings Bonds will give the citizen a "Consumer" type choice. Once in place it will not be a case of hoping your lawmakers in Washington DC will speak for your cause. You will be able to invest in a bigger thing than any single one of us and get the economy of scale and efficiency that the wind farms and solar trough plants provide and we would never be able to do by ourselves. There is no "I" in the word teamwork and "United We Stand and Divided We Fall".
Please read my blog on this sujbect. Please if you agree contact others in your district to spread the word as well as contaciing your representatives in the Senate, Congress, and the Whitehouse. It will take alot of People to get this enacted. I hope just one fax makes it accross the President's desk (fax number on White House web page of course) and believe there is a possibility if it does he may point the finger at his Secretary of the Treasury and tell him "make it happen".This will support the PickensPlan in so many ways it is a natural. Let's get rid of the 700 billion worth of oil imports as T. Boone had in his commercials. Lets get the ball rolling on US Treasury Energy Independence Savings Bonds. Now is the time as they are making decisions with the new administration as I type. Thanks!!! Please check my blog on this page.
Michael Shawn Kendall's Blog
Posted on February 22, 2009 at 7:00am — Comments