On May 30, 2007, at 9:33 AM, Jed Rothwell wrote:
First, the people in this Energy Fund fund would be as political as
any other group of people or chimpanzees. Primates all engage in
politics, all of the time. Industry would buy off the Fund managers
as quickly as they subvert members of Congress.
Wrong. Fund managers don't face re-election. Besides, a green
oriented group like that would be full of whistle blowers.
Second, this would put the Energy Fund beyond the reach of the
taxpayers,
Wrong again, as I pointed out earlier. A private fund is subject to
lawsuit and criminal charges, unlike our legislators.
[snip immaterial examples of bad guys because there are plenty of
examples of corruption in both government and private industry.]
Well, Jed, looks like you simply want to hear yourself talk and blow
smoke. I put forward my plan to solve the problem 4 years ago. It
was concrete and executable. The estimates were even grossly
sandbagged. Where's yours?
Regards,
Horace Heffner