Tuesday, June 24, 2008

Power for People, Inc., - What it was and why it no longer exists

Power for People, Inc. was a innovative idea that was never approved by the IRS. The concept was to be set up as a charity and build alternative energy production sites (e.g. wind, solar, micro-hydro electric, etc...), and possibly produce ethanol and bio-diesel using donations. The "profits" of selling the energy would then be given to other reputable charities to improve the lives of people in the areas where the sites were located. This corporation would have been a win-win situation for everyone involved.

This awesome concept was not approved by the IRS because it would be considered giving Power for People, Inc. an unfair competitive advantage over other businesses (even though we were not in competition with anyone because we were going to give all the profits away!).

Since I could not get my ideas pushed forward, I decided to create this blog to help push those ideas and help promote the ideas of others. There are a lot of smart people who have great ideas on the horizon, and I'll review some of those ideas here. Please feel free to add your comments and add to the pool of knowledge. Someday, someone with investment capital or someone in the government may see these ideas and make them a reality.

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