Van Jones may be gone, but his special interest rewards remain fully intact, and now the booty will be doled out to favored enviro-greenie recipients. Cash for Caulkers will be a homeowner welfare program aimed at inducing people to seek government-approved, green home improvements that will benefit the entire Green Industry. Homeowners can receive rebates for politically correct home retrofits. Can anyone say bubble?
The program contains two parts: money for homeowners for efficiency projects, and money for companies in the renewable energy and efficiency space.
A spokesman for Dow says this:
“The president’s proposals on weatherization and industrial energy efficiency will have the triple benefit of creating jobs quickly, saving consumers money and reducing our nation’s carbon footprint,” Plishka said in a statement.
Lowe's also released a statement that voiced approval for a national incentive program. This is more political redistribution and corporate welfare gone wild — disguised as a benefit to the average Joe homeowner.
This latest redistribution scam will likely cover the purchase of air conditioners, heating systems, washing machines, refrigerators, windows, etc. According to a story on Bloomberg, someone in the government believes that "The rebates would put 600,000 to 850,000 Americans to work retrofitting 5 million homes and saving $3.3 billion in energy costs." Haven't we heard that before?