Thursday, March 5, 2009

Foreclosure plan details, stimulus notes, renewable energy, water.

Odds and ends for today, some encouraging.

1. The details of Obama's foreclosures plan
http://www.washingtonpost.com/wp-dyn/content/article/2009/03/04/AR2009030400911.html?wpisrc=newsletter

2. An an interesting, alternative proposal in today's NYT: let's lower the nominal amount of the principal of houses with market value lower than the amount of the mortgage

http://www.nytimes.com/2009/03/05/opinion/05geanokoplos.html?_r=1&scp=3&sq=op-ed&st=cse

3. A note from Roubini's web site:

Will China Increase Its Stimulus Spending? How Much Will it Support Growth?
Reports suggest that Chinese Premier Wen may announce additional stimulus measures at the Central party conference in his speech on March 5. China may double its spending from the 4 trillion yuan invested - spending more on infrastructure and to boost manufacturing and on unemployment and social spending - even as concerns are being raised about where the previously announced stimulus is being spent

4. Good news for the producers of renewable energy.

http://www.ft.com/cms/s/0/9cccc2fc-08ee-11de-b8b0-0000779fd2ac.html

5. Water distribution and management is and will continue to be one of the hot issues in the 21st century. Here is news from India about attempts to improve sanitation.

http://www.wateraid.org/india/news/7254.asp

1 comment:

  1. I like this post quite a bit. I feel like I now have a better understanding of the mortgage issue. Thank you!

    ReplyDelete