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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (303995)2/1/2011 12:14:30 PM
From: Drygulch DanRead Replies (2) | Respond to of 306849
 
and don't forget Gov motors and healthcare ! Busy boy these past 2 years.



To: Jim McMannis who wrote (303995)2/2/2011 1:19:56 PM
From: John VosillaRead Replies (2) | Respond to of 306849
 
<<RE:"All true but perma bears are also broke betting against Obama and capitalism"..

You really think Obama is in Control of the stock market? The housing market?>>

Of course not but so many made him out to be the antichrist, anti AMerican extremist,socialist redistributor of wealth that would take us to depression. I constantly hear the tea baggers speak of how all that deficit spending put us in a hole the past two years since unemployment went up under Obama and so we have nothing to show for it...lol I guess if interest rates skyrocketed and the stock market continued to crash and housing kept crashing and we kept losing several hundred thousand jobs a month they would have been right..



To: Jim McMannis who wrote (303995)2/3/2011 2:33:27 PM
From: joseffyRespond to of 306849
 
Obama issues global warming rules in January, gives GE an exemption in February

By Timothy P. Carney 02/02/11
washingtonexaminer.com

Last month, the Obama EPA began enforcing new rules regulating the greenhouse gas emissions from any new or expanded power plants.

This week, the EPA issued its first exemption, Environment & Energy News reports:

The Obama administration will spare a stalled power plant project in California from the newest federal limits on greenhouse gases and conventional air pollution, U.S. EPA says in a new court filing that marks a policy shift in the face of industry groups and Republicans accusing the agency of holding up construction of large industrial facilities.

According to a declaration by air chief Gina McCarthy, officials reviewed EPA policies and decided it was appropriate to "grandfather" projects such as the Avenal Power Center, a proposed 600-megawatt power plant in the San Joaquin Valley, so they are exempted from rules such as new air quality standards for smog-forming nitrogen dioxide (NO2).

There's something interesting about the Avenal Power Center:

The proposed Avenal Energy project will be a combined-cycle generating plant consisting of two natural gas-fired General Electric 7FA Gas Turbines with Heat Recovery Steam Generators (HRSG) and one General Electric Steam Turbine.

Maybe GE CEO Jeff Immelt's closeness to President Obama, and his broad support for Obama's agenda, had nothing to do with this exemption. But we have no way of knowing that, and given the administration's record of regularly misleading Americans regarding lobbyists, frankly, I wouldn't trust the White House if they told me there was no connection.

On the upside, at least Job Czar Immelt is creating jobs!

Read more at the Washington Examiner: washingtonexaminer.com