How very clever of Jimmy Carter!! He was the President that put solar panels on the White House. The guy was way ahead of his times.
Agreed Kurt. Agreed.
But look where 30 years of Reagonomics has got us? We are bankrupt!! So are a lot of other foreign banks. I’m glad the bail out was not passed. There should be no reward for banks that leveraged themselves to the degrees that some of these banks did. Yes the immediate future will be difficult, however the quicker the shake out occurs, the quicker we will be able to assess and re-build our position.
Throwing $700 Billion at $1,000 Trillion worth of debt (according to the International Bank of Settlements) is like spitting at a Tsunami. Just not very helpful.
The $700 Billion would be much better as a big tax incentive or job creation in the greening of America. That would be one way to immediately feel relief in some high energy prices.
30 years ago the US was one of the leaders in Solar Technology, now we are trailing Germany, Japan and China in an industry where we initially had the edge. Time to get back on track. One of the best things about greening the country is that those are jobs that cannot be outsourced as the nature of renewable energy starts on such a local level. Thus it would be a sustainable and renewable economy.
Just my 2 cents on what that $700 billion could do!
September 29, 2008 at 3:20 pm
It is sad what Christianity has come to in this country. I am a Christian Pastor, but I reject the group of pastors that stood on their pulpits and endorsed McCain. I don’t see where the scripture would support him. I wonder what texts the preachers used to support their views. Well you know how it goes. A preacher can make the scriptures say anything they want.
I like your blog Kurt.