Wednesday, January 30, 2008

Letter to Editor / Congressperson...

Feel free to copy and paste if you like. It's 199 words, so should be admissible to most newspaper opinion pages. Also feel free to post your own creations in this thread. Add a greeting and signature, and it's a letter to a Congressperson.

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On January 30th, the Senate Finance Committee agreed to add an extension of existing Renewable Energy Tax Credits to the Stimulus Package currently under consideration. I strongly support this action, and look forward to seeing this Bill receive the signature of President Bush.

This is a great addition to the Stimulus Package.

By offsetting the cost of Purchase and Installation of Renewables, this Bill will provide a similar kind of short-term investment incentive as other portions of the Package. However, because this is a focused investment in new Energy Sources, it provides mid- and long-term Economic benefits by placing downward pressure on Energy Prices, which, in addition to an increase in money supply, are a primary source of inflation.

Lately, we see the Federal Reserve forced to take Inflationary action in order to support a teetering Economy. Congress and the President must support the Fed’s action by smart Legislation, such as this, to counter these Inflationary forces over the long-term.

Make no mistake; President Bush will not welcome this change to the Package. Supporters of this Bill in Congress, both Republican and Democrat, will have to be strong to pass this. It will be the right thing to do.



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