Senate passes foreclosure bill

This story just came down from CNN.

My question is who is this really going to help? Sounds like builders, investors and banks would benefit most from this and it actually might harm people trying to avoid foreclosure.

There is also mention of some overhauling to FHA. FHA has been making some great strides by upping purchase amounts and loosening inspection and other guidelines. Maybe more changes will come out of this bill as well. It was the creation of institutions such as Fannie Mae that pulled us out of the depression. Maybe a little reformation of these entities will bring us out of a recession as well. We'll see what the House and the President come back with on this.

At least its the start of what could be a fruitful conversation.

What people are saying about Solar Power... well at least one person
(copied with permission from Scott Crawford at www.crawfu.blogspot.com)

Solar Power
With the steep rise in oil prices, I have become increasingly interested in alternative energy sources, and recently solar power in particular. I've been wanting to invest in a company that manufactures solar panels, but really don't know who makes any, much less any of the fundamentals, and researching solar power stocks on investment sites has been a dead end. Well, my luck has now changed thanks to 2 interesting articles forwarded to me by my brother.The first, interestingly enough is about a company in Abu Dhabi that is building some huge solar power plants. For a country so rich in oil, this strikes me as very forward thinking, although it makes perfect sense since the area is also a hotbed of solar activity. Where better for a solar plant than in a desert? I'm very curious to see how this story progresses. Next, and even more interesting, is a story about some companies that are creating lightweight, flexible, and more importantly low cost solar panels. I now have these 3 companies to look into: HelioVolt, Miasolé, and Nanosolar. And what's particularly fascinating about this technology is some of the proposed uses. They can be molded to roofing tiles, so you don't have to have the traditional large glass panels mounted to your roof. They can be attached to the sides of office buildings, potentially allowing offices to become self sufficient and generate all the power they need. And possibly the most fascinating, embedded in clothing, allowing you to plug your cell phone, ipod, crackberry, whatever into your pocket and charge it as you walk around. So, any additional information on solar power would be welcomed. I think that if production is ramped up sufficiently, we might see a big enough drop in manufacturing costs to make it economically feasible.

Scott didn't have this on his site but I found this video of thin-film solar panel installation on YouTube.

Help Me Get My Blog's Reading Level Up!!

I just ran my blog through a site that grades its reading level and was quite dismayed to find that it only sits at a High School level. That would be fine if we were having conversations about Justin Timberlake but this is an entertainment blog about real estate.

Perhaps I can cheat my way to a higher grade by throwing around lofty real estate terms such "riparian water rights" or "adverse possession" or even "Lis Pendens".

Maybe my expectations are too high for a site with the word "drivel" in its title.

At any rate, if you read this site please contribute to its intellectual deficiency by throwing out large antiquated vocabulary words not often heard in the nomenclature of our culture.

Thanks.