S.3125 - Energy Independence and Tax Relief Act of 2008
A bill to amend the Internal Revenue Code of 1986 to extend certain expiring provisions, and for other purposes. view all titles (2)
All Bill Titles
- Official: A bill to amend the Internal Revenue Code of 1986 to extend certain expiring provisions, and for other purposes. as introduced.
- Short: Energy Independence and Tax Relief Act of 2008 as introduced.
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U.S. Congress - S.3125 Energy Independence and Tax Relief Act of 2008




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I can’t believe this. They are all crooks. Wait, all incumbant will be votes out. Wool research. Don’t we have more to do with our money
Savings bonds could be help in economic crisis!
While Washington tries to “fix” the banking and Wall Street mess created by subprime “gotcha” adjustable rate mortgages defaulting en masse, many of us are looking for a safer place to put at least some of our retirement, college funds, etc.
And we also want our country to become more energy-independent and our crumbling infrastructure repaired. But with things as they are, how can we accomplish these three objectives? A new form of U.S. Treasury savings bonds could be the answer.
Without U.S. saving bonds, we wouldn’t have been able to supply our troops and allies like we did in World War II. If the U.S. Treasury issued energy independence and infrastructure savings bonds that paid an interest rate about 3 percent greater than the annualized FED rate adjusted for inflation, only be redeemable on their anniversary date(s), and what they pay is not taxed when they are redeemed at maturity, all three of these objectives can be achieved without any increase in taxes — especially if these funds were only employed as 1-to-2 matching funds.
Such bonds could increase employment enough to even reduce our taxes. Pass this idea on to your friends and then the politicians.
Renew_America_Bonds.pdf, 553 KB
Discussion link: Funding Energy Independence?
God bless you, Mike Kendall for your great ideas and service to our Country, we’re with you at Pickens and I know America is to, James!
Mike Kendall is Electronic Technician Chief in the US Navy with 27 years service stationed overseas. I’m outlying an idea to assist and work with current plans for achieving energy independence. I urge you, as speaker of the house and the driving force to form the select committee on energy independence and global warming, consider for discussion and introduction into the house US Treasury Savings Bonds for Energy Independance.
Mike created this video and started the Energy Independence US Treasury Savings Bonds Blog at Pickens Plan. Enjoy this video Sailor Seymore, the dancing and singing hamster, performs anchors away while we discuss “Energy Independence US Treasury Savings Bonds” as well as discussing discussion points of President Obama’s inaugural address and his campaign speech
Be sure to join Mike and the many supporters of his Energy Independence US Treasury Savings Bonds Group and my discussion Funding Energy Independence
ETC Mike Kendall USN
Mailing address: PSC 476, Box 879, FPO AP, 96322 USA
Telephone (803) 265-4756, Email: ke6cvh@yahoo.com