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There are some glimmers of hope on the horizon. Charities like Habitat for Humanity are taking advantage of the cheap home prices and labor to fix up abandoned properties for underprivileged families. The strangely upbeat Repo Home Tour bus is about to launch a regular Saturday showing of vacant houses in an effort to get them sold quickly. And the city, lenders and financial counselors are joining forces to help residents prevent foreclosure. In fact, less than a mile away from the peach-colored home, close to 1,000 people recently gathered for the city's first free No Homeowner...
...beyond. That he can express to white Americans what makes them uneasy, that it's the competition and that blacks and whites can sit and point fingers at each other and blaming each other but the reality is they need to put those differences aside to work together and fix some of these problems. Will it resound across the board? Maybe not, but we have seen examples of it already in Virginia, Wisconsin, Iowa, Missouri, Idaho. It was an incredibly honest speech: either you hear me or you don't, either you agree with me or you don't. That...
...meltdown in the CDS market has potentially even wider ramifications nationwide than the subprime crisis. If bond insurance disappears or becomes too costly, lenders will become even more cautious about making loans, and this could impact everyone from mortgage-seekers to municipalities that need money to fix roads and build schools. "We're seeing players in all of those spaces being more circumspect about whose credit they're going to guarantee and what exactly the credit obligation is," said Ellen Marshall, partner at Manatt, Phelps & Phillips...
...idea that new technology can get us out of the climate fix that old technology put us in is an attractive one - especially if we can make a buck while doing so. Venture capitalists invested $3 billion in clean tech in 2007, according to Dow Jones VentureSource, and they'd like a nice return. (But at least the VCs are spending money - federal investment in renewable energy research is a paltry $1 billion, or roughly a day of revenue for Exxon Mobil.) But there's no reason that business can't be a major part of the climate change solution...
...folly are, of course, American farmers, who win both from high market prices and from subsidies dished out by a Congress desperate to look like it has some kind of solution to rising oil prices. But ethanol represents, on a broader level, the tendency to rush into high profile, fix-all “solutions” before we have fully analyzed the interdependency of all the elements involved. Instead of pursuing those modest, non-fanciful solutions that we have reason to believe might work (like forest management to increase carbon uptake and a carbon tax), we?...