February 2, 2009

The Congress of the United States and the current President believe that spending $800+ billion not currently in the Treasury is now required to stimulate the U.S. economy.

The government is therefore proposing that this spending be subsequently funded either by: 1) payment by future generations of Americans and/or 2) dollar debasement, thereby devaluing existing savings and resources of the American taxpayer.

Various incantations of these stimulus proposals include 1) tax refunds for individuals who do not pay taxes 2) funding for birth control and 3) reduction of compensation of corporate executives. Although the Congress may believe it desirable to fund such programs from a social standpoint, the likelihood of such programs stimulating the economy is negligible.

It is also worth noting that strong proponents of existing stimulus bills include Messrs. Schumer, Frank, Dodd, and Pelosi. At this time it is becoming increasingly evident that the root cause of the financial breakdown in the United States is that of no-documentation and minimal-documentation mortgages, and mortgages without the traditional 20\% down payment, largely written between 2002-2007; the aforementioned individuals have yet to accept responsibility for their role in promoting such mortgages. These individuals have not yet come to terms with their important role in promoting the breakdown of the American financial system.

To that end, it is desirable to put forth other ideas for financial stimulus to the economy.

Our proposal therefore is as follows:

1) Dispense with the existing proposals
2) Formalize the design of and invest $500bln building concretized nuclear reactors (aka Hyperion technology). Modernize the electrical grid.
3) Build 5 million hybrid vehicles or its equivalent using Honda/Toyota management and GM/Ford labor. Retire and replace 5 million American vehicles that travel 30k or more miles per year.
4) Invest $150bln in the purchase and farming of arable land in the United States and elsewhere to help mitigate the effects of this inflation-causing bill.

Unlike existing proposals, the above produces immediate and tangible stimulus. It also provides financial relief not possible with simplistic handout methodologies.

Although the above proposal would undoubtedly be rejected by Congress largest campaign contributors, implementation of the above is in the interests of the general electorate. The above also may reduce American dependence upon foreign energy sources; this is an important strategic goal.