Another idea that won't go anywhere and probably wouldn't work even if it did:
Why not tie in the bailout with improving the energy efficiency of homes and buildings? Make it easier to renegotiate a foreclosure if the person commits to improving the energy efficiency of the home (even just simple stuff like adding insulation or upgrading appliances). Or give people more financial incentives to improve energy efficiency and install solar panels or small wind turbines - won't be a direct impact but more energy efficient homes are worth more so this would generally help keep housing prices from dropping as much. Or if a bank is going to take bailout money they should have to improve the efficiency of their buildings or commit to investing a certain amount in alternative energy companies.
I know my ideas are not that workable, but why isn't congress being at least a little creative? It seems like it might lead to better ways to improve the economy and it might help with negotiations - such as helping veterans would make it much harder to vote against and helping the Earth might convince some on the liberal side.
Monday, September 29, 2008
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