Tuesday, February 10, 2009

Further thoughts...

... on Multi-Peril Insurance.

As mentioned before, with Ryan in constant contact via the text messaging machine he is, we got onto another discussion concerning the stimulus package. (Shocker.) While discussing Gene Taylor's no vote here in So. Miss, I brought up the multi-peril insurance example of government stimulus that works. So Ryan, being reluctant to accept ANY aspect of government intervention into the private sector as a good thing, agreed to hear me out. I've posted at length, won't repeat it here, but he got the picture. To which point he agreed, this kind of government stimulus was necessary because the private sector both could not AND would not step up. Another thing Ryan liked was the fact that the insurance wasn't GIVEN away, homeowners had to PAY for it just like flood insurance or any kind.

Which led to a slippery slope I never got to talk to Ryan about because he ducked out. If insurance was a great example of government laying the spurs to the private sector concerning necessary development, can't the SAME ARGUMENT be made for government to do the same for our energy crisis?

This is what I outlined.

As long as we're pitching hundreds of billions of dollars around like confetti, what if we began construction of a hydrogen distribution system based on, let's say ten regions within the lower 48 states. Each region has two hydrogrn generating plants that pipe the product to stations within their region. Nothing cold fusion or star wars about it. Existing technology, not unbelievably expensive, completely doable and creates a bunch of jobs.

In the same sense, (remember, it's raining hundreds of billions of dollars) turn around and offer incentives to purchase hydrogen cars from the Gasping Three in Detroit. There's a stimulus, American companies building cars fueled by domestically produced energy. More jobs saved and created. Oh my God, Obama's a genius!

And along the same lines, in a very hush hush not so public move, slap a healthy tariff on imported hydrogen vehicles. ONLY hydrogen ones. Anyone can import any kind of gas/diesel car truck SUV they want, but the hydrogen ones are coming out of Michigan. Coming out cheaply and with a locked market.

Here's a stimulus action that works, a NECESSARY government move that could drop our imported oil needs to next to nothing within the framework of the stimulus package, (which I believe hemorrhages past 2012).

Man I should be on the payroll. I'll put in for Treasury Secretary.

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