President and CEO of Super Bowl Committee Speaks in Fort Worth!

Bill Lively says Super Bowl will bring hundreds of millions of $ to D/FW

It was our pleasure to talk to and hear Bill Lively, President and CEO of the North Texas Super Bowl XLV Host Committee, in Fort Worth, August 31st. He is an impressive communicator, quick, witty and intelligent. As President and CEO of the SuperBowl Committee, Lively reports to the Host Committee and its Chairman, Roger Staubach, Troy Aikman Vice Chair, Ross Perot Jr., Emmitt Smith, and Mayors of Dallas, Fort Worth and other VIP’s in the Dallas/Fort Worth area.

Football is all about money. Big money. If you think it is only about the sport, just look at some of the facts. Texans put up big money for football. If you ask a Texan what his religion is, he might say: "FOOTBALL".

The North Texas Super Bowl XLV has now raised more money, than any other Super Bowl Committee in history, MANY OF THEM WERE $1,000,000 EACH.

“The Board of Directors and Executive Committee, expanded its membership to include more North Texas business, civic, cultural, education and religious leaders, and confirmed the highest number of million-dollar sponsorships in Super Bowl history.” Said Lively to the Fort Worth audience. But the money will come back to us. It is estimated that fans will spend: $60,000,000.00 on hotel rooms alone, an estimated $72,000,000 on food and refreshments, $3,500,000 on taxis and car rentals, $32,000,000 on parties, $75,000,000 on air fares, $45,000,000 on retail items. And the list goes on and on. This trully is an "economic stimulus" for the Fort Worth/Dallas area.

"Hundreds of millions of dollars will be spent here during the Super Bowl. It might be the biggest single economic boost we have ever seen. The estimates are amazing"

Said Mr. Lively. “This Super Bowl is expected to attract 150,000 people to Fort Worth/Dallas just by air travel alone, plus some 3,900 private airplanes, not to mention some 4500 press media reporters, 17,000 additional security and law enforcement officers, plus teams, coaches, and all the support groups that come with them.” All of that means jobs, economic stimulus, and more funds in the local economy. And you thought it was just about a football game!

This is one of my grandkids. He deserves a change to achieve his destiny.

Looking to the future!

Dear Mr. Obama,You are a talented man, and unlike most politicians, you probably aren't obsessed with the need to be re-elected to keep your self image intact. You are young, brilliant, financially secure, you have a creative and active life ahead, whether you are President or not.

But I would like, on behalf of my grandkids, my family, and millions of American, to ask you, to do just a few morethings while you are President. Things that will make the world, history, your legacy and most Americans, appreciate you.

President Obama, my 86 year old mother has lived through depressions, wars, sickness and death. As a widow her income has dropped from $80,000 per year, to $11,000 per year. She called me a few months ago, and said she was worried that she might not have enough to live on,to pay her bills. This woman has been a great citizen, paid her taxes, and been loyal to the United States. She has given this nation enough cotton production for thousands of clothes, enough cattle to feed a small city, hired workers, built homes and lived a good life. Now her world, this economy is squeezing her last savings from her. We need you, Mr. President to do a few things for us.

SOLAR WATER HEATING STARTED IN THE HIMALAYAS

Solar Tea Boiler

A group of Americans hiking high in the Himalaya Mountains of Nepal, stopped at a collection of 5 mountain huts, perched on the side of a cliff. The people there, dressed in their colorful mountain wools, smiled and welcomed them to sit and drink tea. They used a tea pot heated by a primitive metal frame, with shiny metal as a mirror, reflecting the heat. Sometimes they fold out two shiny metal “wings” bent so as to concentrate the heat on 3 sides of the teapot.

Solar stove

Many of the temples use them, and in the process teach energy conservation by example.

The tea was boiling hot. No electricity, or natural gas at 18,000 feet. But these people did understand solar power. Later they cooked a deep pan of stew, using a similar “solar stove”.

The Tibetans, and Nepalese have been using solar power and "renewable" energy for hundreds of years. They were "green" before it was cool to be green. It is partly because of their environment, and partly because their religion suggests that "The earth is good and sacred, something to be respected."

$5,000 discount on a 5 kWh wind turbine offered by Wind Inc.

"We have a turbine that was used only for 6 months, and are able to offer a rare discounted price for it."

The turbine is rated to produce 5,000 watts of electric power per hour at its engineered and rated wind speed.

The former owners utilized it for 6 months and had to move, therefore this has come up, at a price of $5,000 below retail. These turbines are built to last for many years, and some people give a 20 year life span. Therefore the price represents a good bargain for someone needing a wind turbine.

The price includes a 5 kW inverter, a grid tie controller, a 29 foot tower, a 5 kWh wind turbine and blades, and "is on a trailer, ready to deliver", said Ben Boothe, President of Wind Inc.

Data from Lisa Benston, Colliers PKF Hospitality Research, and Kindred Healthcare, Inc.

Kindred Healthcare to Add 5 Hospitals & 3 Nursing / Rehabilitation Centers

Edited: Lisa Benston Source: Kindred Healthcare, Inc.

Hospital Industry Stable

Kindred Healthcare, Inc. (the “Company”) today announced that its subsidiaries have signed a definitive agreement to acquire five long-term acute care (“LTAC”) hospitals from Vista Healthcare, LLC (“Vista”) for a purchase price of $180 million in cash.

“We are excited to have these new employees join our organization and believe they bring resources and expertise that will complement our existing operations and local teams. These transactions also will provide our new colleagues with additional opportunities for professional growth and development.”

Vista operates four freestanding hospitals and one hospital-in-hospital with a total of 250 beds all located in southern California. The assets being acquired currently generate annualized revenues of approximately $150 million and earnings before interest, income taxes, depreciation and amortization of approximately $27 million. The Company is not acquiring the working capital of Vista or assuming any of its liabilities. All of the Vista hospitals are leased. The Company expects to finance the transaction with proceeds from its revolving credit facility.

Industrial Distribution Warehouses are finally showing signs of recovery, with increased demand, lower supplies and expectations of rising rentals.

ProLogis released a new research report on the state of the industrial property markets in the United States and Canada. The report is based on market statistics compiled from a variety of sources, including ProLogis market officers, brokerage companies and data providers. The information covers the top 31 distribution property markets in the United States and Canada during the first half of 2010.

"By midyear 2010 the nation's distribution property leasing markets were finally showing signs of recovery," commented Leonard Sahling, first vice president of the ProLogis Research Group. "With the U.S. economy on the mend and with very little new supply in the pipeline, the stage is set for a continuing recovery in the nation's distribution property leasing markets."

Detailed findings in the report include the following:

• The overall vacancy rate for bulk distribution space across the top markets edged down to 10.2 percent during the second quarter of 2010 from 10.4 percent in the first quarter of 2010, after having been virtually flat during the two previous quarters.
• Total occupied space (realized demand) climbed 15 million square feet during the second quarter of 2010, a modest 0.2 percent increase, but still well above the tiny gains posted in the previous two quarters.
• Asking rents in the major markets slipped 1.6 percent on average in the second quarter of 2010, their ninth consecutive quarterly decline. Asking rents are now 18.4 percent below their cyclical peak in the first quarter of 2008.
• New completions are on track to set a new record low in 2010. What few new starts there are consist almost exclusively of build-to-suit projects for specific customers.
• In view of the mounting losses on their commercial real estate construction loan portfolios, it is doubtful that U.S. banks will be willing to provide construction financing for new commercial real estate projects for the next several years.
• Looking ahead, some real estate analysts are contemplating the possibility of rent spikes within the distribution property markets in 2012 or 2013.

Dear Readers,

Millions of Foreclosures May Not Happen

I saw this article and it represents the fears that many people have in the emerging new "systems" that seem to take individual rights away. Like the "Credit Scoring System", which big credit card companies use to make credit decisions automatically then blame it on the system when it ruins the credit lives of borrowers, this could do the same to home ownership and investment. As an appraiser, I have personally witnessed and audited the "missing" documentation that is often present in bank credit files. We did a research study on one large bank, and found numerous loans on houses in their files that the properties simply did not exist. The homes that were financed did not exist. Of course, there are those who think the banking system is so powerful that it can change the law, and

Giant banks have managed to manipulate

politicians and the law

protect themselves from more losses. Three issues are at stake here. 1. Competence as well as diligence in making good loans while documenting files honestly and fully.

2. Ethical issues relating to the direction of loan policies, and marketing.

3. The construction and reliance on systems that "dehumanize" loans and make people pawns of "giant computerized polls of mortgage and credit data", which can spin out billions of bytes of data, without consideration for human tragedy.

Wind speeds were lower the first part of the year. Lower than normal wind conditions dominated the US in Q1 of 2010. These conditions were caused by a combination of a mild positive El Nino (ENSO) event with a strongly negative North Atlantic Oscillation (NAO) event.

However, Q2 of 2010 saw a significant rebound with many areas of the country experiencing above average wind speeds. This effect is particularly noted in the western US, extending from Washington State to Texas. Note the map below. The white and blue areas have low winds, the orange and red areas are areas with excellent winds, where wind turbines would be considered good electricity generators. The "orange and red" areas showed good increases in wind speeds in the second quarter of 2010.

Wind Speeds Across the USA Increasing!

The increase is due to a weakening of the ENSO and NAO effects that so greatly impacted wind speeds at the end of 2009 and in Q1 of 2010. A result of these waning climatic events, Q2 experienced prevalent storm activity off the Pacific Coast, which played a large role in the overall wind speed increases.

Thus while scattered areas had above average wind speeds, many regions of the US are still below average for January through June. Those would be the blue areas on the map.

Texas, however, has been a bright spot in the study. While Texas experienced wind speeds well below average in Q1, the recovery in Q2 pushed its 6 month average above normal.

A NEW KEY FOR SURVIVAL OF DAIRY OPERATIONS!

Jackie Klippenstein, V.P. of the Dairy Farmers of America loves her job. "I am helping an important sector of our nation survive and be more efficient." she said. We are lucky to have Jackie and people like her, because the economy has been tough on dairy farmers.

Red Barn

The economic crash just didn’t impact Wall Street. Every time you drink a glass of milk, send a kind thought to dairy operators. It became so bad for a while that industry leaders were worried about suicides. "We started a hot line to help", said Jackie.

Algov.com reported: "About 40% of all dairy farms (or 46,000) went out of business from 1999 to 2009, due to falling milk prices and rising costs. Farmers went from getting $21.70 per hundred pounds of milk to $11.30 from 2007 to 2009, while animal feed costs increased 35% and fuel prices rose 30%." During that period, utility bills quietly increased as well.

Mike Dominy, from Alto, in Cherokee County, south of Tyler, Texas said: “The Industry is doomed to certain demise if something is not done quickly”. The Dairy Farmers of America has taken progressive steps to provide information, tools, and training to help Dairy Farmers in this environment. Some initiatives out of Washington D.C. look promising, and there is hope that the worst is over.

Farmer helping "mom"

Real Estate Across County

Is Selling, but Discounted

In Texas, the market has been not hit as hard as in other areas, because of the agricultural, oil, defense and technology industries.

But many commercial realtors report that they are seeing commercial properties sell, but at much lower prices. The good news is that there is movement. Dollars are moving. The bad news is that they are moving at discounted prices. The follow up good news is that slowly the inventory of over leveraged property loans is being absorbed.

If interest rates will just stay down another year, billions of dollars of bad loans should have re-structured with new borrowers, and on sounder footings.

In the meantime, everyone is hoping for, working for, waiting for recovery! The government, the states, cities, business, investors and workers.

Everyone is pushing for recovery!

While we wait for recovery, it is said that 7000 bankruptcies are filed every day in the USA. 1,400,000 Americans went broke in 2009, and some estimate that 1,750,000 to 2,000,000 could go broke in 2010.

While you read this article 30 Americans will file Bankruptcy.