As Stocks Plummet Across the Globe, Bush to Host Emergency Finance Meeting At White House

I am simply a concerned grandmother with no finance portfolo. I have a small business though. I read a lot and today I'm worried about the state of the world. If this makes sense to any of you who would be reading/filtering this - please help get the idea out there even in your own words and in your own name. I don't care for credit- I just want the idea out... If the US economy grinds to a halt, it takes the world along with it. Business as usual will no longer be possible. Whether you call yourself a capitalist or socialist will no longer matter.  The world as we know it now will be radically changed.   Imagine though what happens when for example we can mass produce chips that give us  dirt cheap and unlimited energy. Because a large portion of everything that we buy and use require energy input, eventually this cheap energy will allow us to produce an abundance of every staple and consumer goods we can ever desire. And note this is clean energy - so there's no worry over pollution.  Yes our ecnomic structures and social classes will indeed be changed, but maybe in that world nobody need to go hungry, homeless, uneducated or in poor health . And that goes with the whole world too.   Everyone's seen how our social life has been fundamentally altered with computeres and the internet.  There are a lot of technologies that can be considered gamechangers on an even more basic level. Energy - wind, solar etc I would focus on solar (panels, chips or tiles)  that can be centrally mass produced then distributed and attached to rooftopss and sides of houses and building making each energy self reliant.  Nanotechnology gives the promise of creating everything from scratch - out of software - decades away Genetics & Biotech - maybe we can just pop a pill and never go hungry, never age or die? Maybe it will be too late for whoever becomes president to focus on Wall Street, the mortgage meltdown, and the collapse of the global markets. And having no control over that I do not think there is much they can do immediately with medicare, education, pension and all the other issues for lack of money.   What is left doable on a scale that could spell salvation is a Manhattan type project.  Gather a large group of geniuses from the science and engineering sector. And yes, we will need good managers too.   The internet has made it possible for even a lay person like me to tkae a look at a lot of the emerging technologies out there. And there are already a mind numbing lot out there that are deployable. Pass an imminent domain law on intellectual properties so we are not hampered by these and just go ahead and use those blueprints. Just promise to make the patent  inventors/owners very rich afterwards if their idea is used.   Plan to manufacture on a massive scale so that the economies of scale will ensure a cheap and reliable product Sell at cost to those who can afford and subsidize for those who can't. When we have excess- let's let the whole world sare too. After all we will be borrowing money from the world to do this. But why not wait for the private sector to make all these a reality? Unusual times call for unusual measures. The private sector has had over 50 years to work on the solar chip. And yet that has not brought us the cheap reliable chip we so direly need. Could it be that the profit motivation here actually impedes development? Could it be that in this crisis they will come together and cooperate because there is no other choice?   And where does the US get the money to make this happen? Simple- from where ever slush fund GWBush got his 5 Trillion from.  The world it seems is still willing to lend us money for lack of a choice. And make no mistake- this money will pay for itself right away. For starters like not having to import $700B worth of oil annually.   If you agree this proposal makes sense - please help by passing it along. Better yet- write to your representatives in Congress.