The Business Section Editor of the St. Petersburg Times asked readers for their ideas on how they would fix the economy; here’s the Winner:
There are about 40 million people over 50 years old in the work force. Pay them $3 million apiece severance with the following stipulations:
1) They leave their jobs, Forty million job openings;
2) They buy New American cars. Forty million cars ordered;
Auto Industry fixed
3) They either buy a house or pay off their mortgage;
Housing Crisis fixed
Total amount committed -$120 billion a lot less than the “banker stimulus package Miscalculation $120 Trillion!
Above is the original
Others were ADDED
4) They get a reverse mortgage. To supplement their income;
Social Security stress relieved
I am one of the people over 50 and doubt the above scenario will ever develop but when I look at the economy I see that there are not enough private investors to get small businesses going enough to boost the employment thus economy.
I know a private person opening a business takes the task to heart in hopes of succeeding so we put in more time than just going to and doing a job for someone else.
I sent the rest of this (from the stars down) to my legislators through the Pickens Plan and Repower America. It is very important that they receive confirmation of our desire to produce our own electrical power and not be victims of price hikes every time the TVA has a spill. They act like they are a public utility but fight anyone trying to produce power.
When I look at our energy policies I see such a waste because most of the electrical generation is done by large coal burning companies that use government granted money to bribe politicians to pass laws, subsidies, and grants and with kickbacks from the coal companies boost their company, and personal income.
I know we are trying to boost the economy by providing jobs but I feel a better investment would be to encourage private and small business to provide as much renewably generated electrical power as possible,.
This would have the effect of decentralizing electric production, distributing the wealth of electrical generation to many small investors and stop the growth of our electrical power producing companies becoming “Too BIG to fail”
Our government should purchase the power for the smart grid and then let the large government supported/subsidized companies like the TVA provide the distribution and supplement with coal burning, polluting power to fulfill the nations needs.
Each and every household could &should provide their own power and as much extra as possible for the ones who can’t produce power (apartments, etc.) I know this is unlikely until the monies are intelligently distributed to the common person trying to produce electrical power as a supplement to their income through solar, wind, biomass etc.
This is a resource we should be tapping. Government subsidies and assured purchase of power would encourage private investment. This would also give small generation equipment builders & suppliers a boost financially.
All electrical distribution companies subsidized by our government’s input should be required to purchase all renewably produced power from individual and small businesses then the distributors supplement any more power that is needed. The problem is that they are the ones telling the government they already meet their quota for a certain type of renewable power generation, telling everyone “We’ve got it covered.”
I own a home in Mississippi, my electrical power supplier is Tallahatchie Valley Power it is a small CO-OP that has a contract obsessively and exclusively controlled by the TVA electricity monopoly. Many contracts like these won’t let my power distributor shop for cheaper and cleaner electrical suppliers. So we are subject to TVA restrictions as far as adding any kind of electrical producing alternatives. My area has many farms that might use methane from animal husbandry, diaries etc. to generate small electrical power which would create power instead of releasing methane which is over 20 times more damaging to our environment than CO2. Much of the money for renewable energy should go to grants to small power producers, encouraging more investors.
TVA claims it has enough methane to meet some accreditation standard obviously doing the minimum any accreditation requires, resisting more environmentally and economically beneficial power generation by doing their best to discourage CO-OPs from using their natural resources to produce some of its own renewable electrical power, thus justifying their own existence and federal funding. TVA’s claim online is because of its Memphis sewage treatment methane production it discourages more methane operated generation while still more methane is being created and wasted polluting our environment every day. They say they are seeking more wind and solar generation which is restricted to their chosen producers; of course their methane plant is supplemented by coal cogeneration. This policy discourages the private or small business investors from putting money into a system or trying to develop an even better system on their own because no way will TVA approve their system. = Fox guarding the hen house scenario. http://www.tva.gov/greenpowerswitch/partners/faq.htm
Many economy/environment improving methods of generation are discouraged by TVA generation policies and agreements with their cooperative distributors to protect their golden goose.
I’m sure the TVA is very highly subsidized by the federal government programs that have been influenced by lobbyist of the large power producers & coal suppliers, and so have strong influences over the laws that protect their monopolies of large production and customer areas, eliminating any competition. http://www.thisisreality.org/blog/emissions-omissions/coals-clean-conscience
This seems like another group that will come back to bite our economy in the butt and another fire President Obama’s administration may have to put out as their corporate greed and narcissistic control is exposed by construction and implementation of the smart grid.
Because they burn mostly coal they fight anyone trying to put in any alternative system by restricting to certain systems, using bought senator imposed laws and making it impossible or at least difficult to help generate publicly consumed alternative power except by their convoluted rules. Their manipulation of our laws for their own benefit and profit may turn out to be another AIG/financial type fiasco that plagues our steps to building the smart grid. These companies need rules that should be created and enforced by an unbribed government appointed energy regulator not by the obsessive profiteers that these rules effect or maybe we need someone who will take their bribes and expose them for the self serving crooks they really are.
The recent spills of coal ashes and slag are just the tip of the iceberg that points to a lack of environmental care and profiteering by the uncontrolled TVA! I understand they don’t want the power they generate to be augmented so much by customer generated power that they have to close down one of their polluting coal fired plants as they get better prices by the amount of coal they consume. http://dirtycoaltva.blogspot.com/
It is hard to line your executive’s pockets with coal company kickbacks if a large portion of your power is created by your customers using solar, wind, methane, biomass, small in stream hydro systems etc. These small producers are the ones who should be encouraged to produce as much electrical power as they can, their power purchased by the government for the smart grid and their entrepreneurial spirit enhanced by moving the subsidies to smaller more independent power producers. As small business, more easily controlled electricity producers take over more production, we should begin taking away the big federally subsidized electrical producers blatantly purchased subsides before they become producers that may soon be “too BIG to let fail” familiar? We need to start distributing our power production system to provide too many targets for someone intent on disrupting our smart electrical grid supply. I feel the only way anyone getting their power from the Tennessee Valley Authority (They take the word Authority seriously) can get a fair shake is by our unbribed lawmakers changing the federal law to help promote independent power production, let the TVA and other federally subsidized power companies be distributors of the power and create only what is needed to augment renewable power with their polluting coal, and nuclear power. Maybe we could encourage their capitulation by using the carbon credit system to make the cost of their power production reflect the damage they are doing to the environment by coal, nuclear waste and their pollution, carbon may not be all we have to monitor but all pollution including mercury, lead, sulpher etc. Controlling big federally subsidized producers as we wean ourselves off carbon heavy fuels will help encourage clean independent power production and make us less dependent on imported and polluting energy suppliers by encouraging individual investment in solar cells, wind mills, methane suppression/generation, etc. We will need to have a strong federal law with better wording than the recent financial BS that was passed to help AIG! So please take your time, ignore Coal/Nuclear Company owned senators and do it right for the good of the smart grid. You might want to make the proceedings very public as CNN and other reporters will be watching and second guessing everything you do. The time of lawmakers sneaking their favorite loophole into a popular law is diminishing by the incredible reporting done by popular news programs and that may spur the change that is really coming.
You need to be sure independent producers aren’t overshadowed by bribes and gifts given to senators bought by the strong power producers especially the federally subsidized using our money to bribe lawmakers. TVA and so many other power companies is a monopoly that needs to be slowly unsubsidized and crushed to a controllable group of power distributors getting their electric power from the independent smart grid suppliers and supplementing less and less with their polluting power