Jed Morey’s Blog

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Stimulate My Package

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shorehamAnd now for a tremendous over-simplification about the stimulus package. But first – a rant.

 

According to The Food Research and Action Center (FRAC), a U.S. based non-profit organization, the US Department of Agriculture considered 36.2 million people in the United States to be “food insecure” in 2007. Food insecurity is defined as “recurring and involuntary lack of access to food.” Of these 35.2 million Americans, 12.4 million are children.

 

One of W’s last acts in 2008 to preserve the banking system was to sign a $700billion stimulus package to save the banking industry. President Obama has already pushed through in 2009 an additional $787billion package to fix everything else.

 

Where was all this money when American children were going hungry in 2007? Oh, that’s right. China. We are borrowing all of this money from a country that routinely allows its massive rural population to go hungry because they have saved their pennies more wisely from selling crap to the United States for the past twenty five years.

 

I think we need to realign our priorities where emergency funding is concerned. Now, on to the stimulus package.

 

So the United States has managed to print/steal/borrow $787billion and is going to shower Americans with dollar bills like strippers in the topless nightclub rotunda of Congress. Cool. As much as I would like to “get me some of that” money raining down from the heavens I have an idea of how we can really kioli this package and ask for what is fair.

 

Twenty years ago environmental and energy advocates on Long Island successfully shuttered the Shoreham Nuclear Energy plant yet we have been living with this albatross ever since. Every year the Long Island Power Authority services the debt on the six billion dollars it took to build Shoreham. We cannot get ahead of it. Every one that moves here receives a little slice of nuclear debt like a finance charge on a parking ticket we all got in the 80’s.

 

Whatever your opinion of the larger-than-life Richie Kessel, he was responsible for transforming LIPA into a forward thinking enterprise and implemented ambitious efficiency programs. There were gaffs along the way and sometimes it appeared to be more about Richie than LIPA but he was an effective leader and persuasive communicator. His demon was the debt left over from the Shoreham debacle; ironically a project he was instrumental in shutting down.

 

Enter Kevin Law. Brilliant, affable and well-connected. Law has assembled an enviable team of professionals that are equally suited to run either county (and have). His team is bent on transforming and streamlining LIPA, but they too are strangled by the Shoreham debt that casts a shadow over us all.

 

This debt has left us with the highest energy rates in the nation. Many businesses can barely afford to stay here and we have little shot of attracting new, major companies who offer significant employment opportunities. Developers struggle too with creating new affordable homes for our young people, in large due to the high cost of energy production on the island. It affects every home owner, every landlord, every business and every municipality. The debt is crushing us and hampering LIPA’s ability to transform the way we think about energy and conservation on Long Island.

 

As awful and backwards as this sounds, LIPA cannot afford to help Long Islanders conserve too much energy because it simply costs too much to be LIPA. Every time a Long Islander installs solar power in his or her home, the rest of us pick up the freight. In a time when the green movement and energy efficiency will provide the best opportunity for Long Island to transform itself as a region, it is the ultimate conundrum.

 

This is where our Congressional leaders can help. Gary, Carolyn, Pete, Steve and Tim… listen up. There are 303 million people in the United States. Congress is handing out $787 billion dollars. That’s $2,590 per person in the U.S. if we were to evenly allocate the money spent among our population. Long Island has approximately 2.7 million people, which means our fair share of the stimulus package should be around 6.9 billion dollars. See where I’m going with this yet?

 

Retire LIPA’s debt.

 

Put money back in everyone’s pocket.

Allow Kevin Law to freely implement conservation and efficiency programs on Long Island.

Make us more competitive in attracting new companies to Long Island and help preserve existing businesses.

 

Go do your jobs and get our money. We never asked for Shoreham. We never asked for this debt. It’s your responsibility to get us out of this mess and give this region a fighting shot to reinvent itself and stay competitive for years to come.

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Written by jmorey

March 28, 2009 at 2:39 pm