PickensPlan

Clean Energy Should Be Our Cause!

America needs a cause, an uplifting and nonpartisan mission, which harnesses our courage, patriotism, innovation and willingness to sacrifice to build a better future for our kids. An American Moment: Share Your Vision

We are tired of rote partisanship and long for a defining cause greater than consumerism. We are in awe of and inspired by the World War II generation and the Civil Rights crusaders that came together, sacrificed and defeated common enemies and left a legacy of pride and prosperity for their children and grandchildren.

We need to declare our independence from oil, rebuild our industrial economy and reestablish our national prestige. We can do this with our own savings, and profit handsomely from the economic transformation.

The idea that I'm advocating, conceived together with my friend, H.B. Mertz, a small business owner from McMurray, Pennsylvania, is a special government bond like the war bonds issued during World War II. This time, the cause supported by the bonds would be Clean Energy.

The Renew America Bonds we propose are, in essence, 30-year, zero-coupon U.S. government bonds, with principal redeemable at maturity or convertible to a payout based on the long-term performance of America's clean energy economy. The Renew America bonds would be marketed like War bonds were in World War II, from the President, through Wall Street, down to the classrooms across America.

The proceeds of these bonds would be invested in the equity of companies that develop and commercialize new energy technology, through intermediaries like venture capital firms and new clean energy banks. The intermediaries would need to match the public investment, thus leveraging its impact.

Bondholders would have a direct economic stake (through the conversion feature) in the outcome of America's energy and industrial renewal which would be catalyzed by the bonds. Purchasing the bonds would be both an act of patriotism and of economic rationality. Productive investment of the bond proceeds would help fulfill our generational duty to leave this country, and the world, better than we found it.

Click here to see our detailed plan for the Renew America Bond Program.

An American Moment: Share Your Vision


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Comment by James Everitt on December 28, 2008 at 1:54pm

Divided We Fail
As 2008 comes to a close, the Divided We Fail team has been reflecting on the past year. It's astounding to realize how far we've come -- but with one year ending, another begins, and our work to bring affordable health care and long-term economic security to all Americans is entering a new stage.

In the past year, we united over 1.6 million people pledging to fight for health care reform and long-term economic security for all Americans. We made our voice heard in the halls of Congress, where over 2/3 of our representatives have now pledged to reach across the aisle and deliver meaningful action for the American people. And we spread our message to every corner of the nation.

It wouldn't have been possible without the thousands of faithful activists and supporters like you who attended debates, collected pledge cards, spoke out online, and reached out to family and friends.

Now it's time to turn our eyes to the future -- and with 2008 coming to a close, it is time for everyone to make a New Year's resolution. Will you make a resolution to hold our leaders to their promises and support Divided We Fail in the 2009?

"I resolve..."

• "...to tell President-Elect Obama to keep his promises on health care and financial security when he becomes president." GO >>

• "... to tell my friends, family, and colleagues to join Divided We Fail this year." GO >>

• "...to stay engaged and active our fight for bipartisan action on health care and long-term financial security."

The Divided We Fail Team has already settled on our resolution: continuing our call for an end to the bickering, and a start to real solutions for the American people.

The first step? On January 13th, we'll be taking signed pledges to Capitol Hill to remind Congress that millions of Americans have signed on to our campaign -- and are ready to hold them accountable if they fail to act.

And for the next 12 months, we'll be increasing our grassroots activity: hosting events across the country, taking to the airwaves again, signing up more volunteers, and growing even more active than before.

Divided We Fail's diverse coalition of members will be the umbrella under which our leaders can come together and hammer out the solutions to our nation's crises. We hope you'll continue to stand with us.

Thank you for all your work and support,

The Divided We Fail Team


Comment by James Tracy on December 22, 2008 at 9:44am
LoL, That was very good. Dont expect others to change your life, soooo true.

If you don't like what you been getting, why, do you keep doing, what you been doing?
Ben Franklin 1775
Comment by James Everitt on December 22, 2008 at 9:37am
Comment by James Tracy on December 22, 2008 at 9:33am
We know we cannot keep going the same way we have, we all must do our part to make this happen.
Thank you James Everitt, for keeping the flame alive!

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