The wrong approach to energy security!
8/30/2008
Mr. John W. Rowe
Chairman & CEO
Exelon Corporation
Dear Mr. Rowe,
The article in this morning's WSJ about "Renter-companies" provides sad testimony to the state of political affairs in our once great country.
Playing a purely political game, as you have apparently decided to do with respect to the ill-conceived government plan to reduce CO2 emissions, may seem like a practical solution under the circumstances, providing Exelon with a bit of a leg-up compared to your competitors.
But since you know as well as I do that the whole government CO2 scheme is a gigantic boondoggle, you are in effect aiding and abetting very bad national energy policy for which all of us will pay dearly, starting soon.
Wouldn't it be very much more real American, for your company to have maintained your Chamber of Commerce membership and, together with all other members, bring to the public's attention what our government is trying to do.
The public by and large, doesn't understand the economic implications of most governmental actions but the way things have been going so far this year it seems quite clear what Washington is up to. Our economy can neither grow competitively nor in size without a constant, predictable flow of all kinds of energy. Instead, you are condemning us to the opposite result, shrinkage and more unemployment, etc.
Is that a corporate objective to be proud of? It seems to me that in this day all of America's industries must work together to prevent the slow strangulation of socialist economic thinking from taking over our splendid economy.
Sincerely,
Mr. John W. Rowe
Chairman & CEO
Exelon Corporation
Dear Mr. Rowe,
The article in this morning's WSJ about "Renter-companies" provides sad testimony to the state of political affairs in our once great country.
Playing a purely political game, as you have apparently decided to do with respect to the ill-conceived government plan to reduce CO2 emissions, may seem like a practical solution under the circumstances, providing Exelon with a bit of a leg-up compared to your competitors.
But since you know as well as I do that the whole government CO2 scheme is a gigantic boondoggle, you are in effect aiding and abetting very bad national energy policy for which all of us will pay dearly, starting soon.
Wouldn't it be very much more real American, for your company to have maintained your Chamber of Commerce membership and, together with all other members, bring to the public's attention what our government is trying to do.
The public by and large, doesn't understand the economic implications of most governmental actions but the way things have been going so far this year it seems quite clear what Washington is up to. Our economy can neither grow competitively nor in size without a constant, predictable flow of all kinds of energy. Instead, you are condemning us to the opposite result, shrinkage and more unemployment, etc.
Is that a corporate objective to be proud of? It seems to me that in this day all of America's industries must work together to prevent the slow strangulation of socialist economic thinking from taking over our splendid economy.
Sincerely,
posted by Schaesberg at 2:45 AM
