Two weeks after the Northern Nevada Building Trades Council were presented with the revised North American Water and Power Alliance concept, NAWAPA XXI, two letters of endorsement were published, the first urging Senate majority leaders Harry Reid, Senator Dean Heller and Rep. Mark Amodei to support H.R. 1489, "The Return to Prudent Banking Act," and a second endorsement urging the congressmen to support the NAWAPA XXI concept.
The letter in support of a return to FDR's Glass-Steagall states, "We feel that it is of great importance to take action to eliminate the 'Too Big to Fail' environment which surrounds banking in our economy today. This environment is detrimental to our fragile economy as we attempt to recover from the worst economy since the Great Depression."
"As you are well aware this economy has caused the greatest unemployment in modern history in Nevada, not even during the Great Depression did construction workers face as high of unemployment levels as we have since early 2008 when the housing market crashed due to imprudent financing in the housing market. Our road to recovery starts with fiscal policy which includes responsible banking and we feel H.R. 1489 will help assure that policy."
The second letter of endorsement, addressed to the two senators from Nevada and Rep. Amodei, regarding NAWAPA XXI states, "Recently the Building Trades and Construction Trades Council of Northern Nevada was invited to a presentation by the LaRouche PAC concerning the North American Water and Power Alliance Act. This presentation gave us a general overview of the major project they are seeking to develop. It was quite impressive. ... A project of this magnitude while still in infant stages would create a huge positive impact on the economy and the American construction industry. And while we realize if Congress authorized the studies today that it would be quite some time before construction would actually start, we also realized that if we don't look into the feasibility of the project it will never occur."
"This project would also have a huge impact on the economy of Las Vegas, and would eliminate the need for Southern Nevada Water Authority to export water from the Northern Counties of Nevada to meet their water needs. We hope that you can support NAWAPA XXI."
Affiliates of the Northern Nevada Building Trades include the Boilermakers, Iron Workers, Asbestos Workers, Operating Engineers, Electrical Workers, Bricklayers, Sheet Metal Workers, Sprinkler Fitters, Plumbers & Pipefitters and others.