Sunday, December 16, 2007
Investing Wisely for a Successful and Constructive Future and Society
VB Price does a superb job on explaining why and recommending what investments those inclined to do should be doing in the near and distant future. Price and I see eye to eye on most everything and his approach to creating a better and more productive society is one that anyone should listen to and heed. The futures of today's young children are at stake.
http://www.abqtrib.com/news/2007/dec/15/vbprice-alternative-energy-public-transit-offer-st/
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http://www.abqtrib.com/news/2007/dec/15/vbprice-alternative-energy-public-transit-offer-st/
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Carbon Emissions Continue to Grow Most Everywhere
This report contains information on the quantity of carbon dioxide and other emissions by states and nations, as well as other ways. The most important data concerns the historical comparisons of emissions over the last 28 years comparing Europe to the US to China. Europe is the epitome of responsibility, conservation, modernization, and action. The US continues to rise at a rate that is greater than that of population growth. China is a disgrace and a disaster as their emissions have skyrocketed. The future is indeed grim without question.
http://www.eia.doe.gov/environment.html
http://krugman.blogs.nytimes.com/2007/12/15/carbon-dioxide-blogging/
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http://www.eia.doe.gov/environment.html
http://krugman.blogs.nytimes.com/2007/12/15/carbon-dioxide-blogging/
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The Growing Spectre of Negative Home Equity Across the USA
Research indicates an alarming rise in the number of homeowners whose homes possess negative worth or equity. Falling home prices in many areas around the nation will only exacerabate the problem. At this time, most projections are for home prices and values to fall by as much as 35 % from their peaks in '05 and '06. Largely unforeseeable events and circumstances in the next year or two may result in declines greater than that in some critical areas around the nation, particularly in Sunbelt suburbs. It would seem a correction of home values relative to most wages, particularly since most jobs being created pay less than $12 per hour, is now underway and will only continue as to create a balance between the huge available supply and the resources existing for those who will fill the demand.
http://calculatedrisk.blogspot.com/2007/12/homeowners-with-negative-equity.html
http://krugman.blogs.nytimes.com/2007/12/14/why-negative-equity-matters/
http://www.bos.frb.org/economic/wp/wp2007/wp0715.htm
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http://calculatedrisk.blogspot.com/2007/12/homeowners-with-negative-equity.html
http://krugman.blogs.nytimes.com/2007/12/14/why-negative-equity-matters/
http://www.bos.frb.org/economic/wp/wp2007/wp0715.htm
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