Wednesday, November 18, 2009

Cash for... Weatherization

David Leonhart of the NY Times is a classic theiving liberal. This is evidenced by an article in the NY Times titled: A stimulus that could save money. What he did not mention in the title is that he could save money personally by stealing it from you and putting it in his own property. Please read the bilge excerpt below.

This year, my wife and I had an energy audit done on our home. We were interested in finding out if we could save money and, given the attention that weatherizing was starting to get, I figured it could also make for good column fodder. For $400, an auditor spent hours scouring our house, with the help of a big fan he set up in our front door and an infrared camera. He produced a full-color, 13-page detailed report, informing us of the leaks in our house, and he was also willing to tell us which changes were usually a waste of money (new windows).

Even so, we are still trying to figure out which weatherization projects we should do. The whole package would probably cost $4,500 and save us something like $400 a year. We may not stay in the house nearly long enough to justify the investment.

Such concerns are typical. How do you find an auditor? How do you know whether you should seal a few ducts or pay $2,000 for new insulation? Which of the existing subsidies -- state and federal -- might you qualify for?

Mr. Doerr and Mr. Clinton are well aware of these problems. Mr. Clinton has sent the White House a memorandum written by his foundation staff that lays out the reasons people don't weatherize their homes. Mr. Doerr, who sits on a board of outside economic advisers to Mr. Obama that is working on a formal cash-for-caulkers proposal, told me that his goal was to "keep it really simple so we can do it really fast."

The Doerr plan would cost $23 billion over two years. Most of the money would go for incentive payments, generally $2,000 to $4,000, for weatherization projects. The homeowner would always have to pay at least 50 percent of the project's total cost. About $3 billion would be set aside for retailers and contractors in the hope that they would promote the program, much as car dealerships promoted cash for clunkers. (Mr. Doerr says he owns no stake in any weatherization companies.)

So what Mr. Leonhart is saying is that the payback period for weatherization is about 10 years (~$4000 with annual savings of $400). But by stealing from you through a government tax and redistribute plan, he can cut HIS weatherization return on investment to 1-5 years depending on how much the government says it is ok to steal from you. This kind of logic permeates the liberal media. What he is saying indirectly is "It is ok to steal from you to pay for improvements to my property." Anyone who believes this deserves to read the NY Times and have his money stolen from him.

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