Rather than spending another $1 trillion in the chaotic middle east, we could invest that much money for the national security of America through renewable energy and new transport technology. America would then not be hostage to unstable oil supplies.

America could attract that level of private sector investment by giving investors their money back in ten year tax credits and making the earning tax free over 25 years. In exchange these assets would be donated to government at the end of 25 years.

If the Internet generated in excess of $3.5 trillion capital formation under ten years, a $1 trillion goal is attainable. Such a large public works project would also generate a multi-trillion dollar economic ripple effect from development around transit stations and creating millions of jobs.

Public benefits would include huge reductions in pollution, global warming and oil dependence. Sooner or later America will have to face this issue due to increasing oil costs and the vulnerability of supply from the Middle East.

We are developing answers to transport problems and aim to reduce the environmental and social impact of transport by encouraging less use of cars and more use of alternative transit.

Our vision is of a country where traffic no longer dominates our lives, where many of our journeys can be made via public transport and where you don't need a car to enjoy the countryside or city life.