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.

TURN-AROUND SPECIALISTS ARE AT A PREMIUM, WORTH THEIR WEIGHT IN GOLD

Checking, Cordination, Communication and Teamwork!

Those rare executives who have lived through booms and busts, and developed skills for survival have become known as “turn around” specialists. They have become valuable individuals to business in this “worst economy of 40 years”.

Consider where our nation’s businesses stand. In 2009 there were about 1,450,000 bankruptcy filings in th USA. Bob Lawless says: “Bankruptcy filings are running about 6,000 to 7500 per day”, and it is expected that in 2010 there will be 1,750,000 bankruptcies.

Corporate debt is one of the big reasons, and especially small business is feeling the pressure of banks and credit card companies, who issued liberal lines of credit from 2000 to 2009, and now are cutting back. Some of the bankruptcies are caused by bank policy. One small business reported that they had a corporate credit card line for sales representatives of $160,000, and when the secretary was 5 days late on the payment, CityCard raised the company credit card interest rate from 9.5% to 28%. CityCard explained; "It is just our policy", not seeming to understand that this "policy" makes the economy, and their collections even worse.

“Instantly, they also reduced our credit line and then within two weeks, American Express, Bank of America and others also reduced credit lines.” said the business C.E.O.

The Fort Worth Star Telegram posted this article:

"Firing away in governor's race"

Bill White get rousing support at

Colonial Club in Fort Worth

"FORT WORTH -- Democratic gubernatorial candidate Bill White received an unusual gift Tuesday morning while speaking to a standing-room only gathering of Country Club Friends at Colonial Country Club.

There, he received a Mossberg 20-gauge shotgun, courtesy of Fort Worth's Ben Boothe, an economic, environmental and valuation consultant.

On it was a note that it was a gift "for coyotes and other pests," referring to the incident of GOP Gov. Rick Perry shooting a coyote while out on a jog one day.

"You've got a bigger gun," Boothe said. "Good hunting, Bill White."

Anna M. Tinsley

ENVIRONMENTAL SOLUTIONS

A 10 KWH Wind Turbine we just installed

IT IS TIME FOR YOU TO BUY A WIND TURBINE OR SOLAR WATER HEATING SYSTEM

THINKING ABOUT IT, AND PONDERING IS FINE TO A POINT... BUT NOW...

THE GULF OIL SPILL TEACHES THE NATION, THAT IT IS TIME TO BECOME SERIOUS ABOUT USING "CLEAN RENEWABLE ENERGY"

IT MAY BE POSSIBLE TO GET YOUR ELECTRIC BILL TO "0"

Have you had enough of the big polluters taking your money? Then YOU do something. Make your own power, with NO POLLUTION, NO NOISE, AND FREE ELECTRICITY FROM NOW ON.

For the second time in less than a year, a federal judge has granted a motion to dismiss Fort Worth's lawsuit for Oklahoma water.

Dry Rivers are Fighting Words

Tarrant Regional Water District's lawsuit to acquire water from Oklahoma. The idea has been flawed from the beginning. First of all, the legal contract of the Apache Tribe, turned out not to be a legal contract at all, but simply a letter of understanding that they might agree to do something, sometime, in the future. Some observers think it pretty "thin", for a water board to use to supply water to a city that is in a desperate effort to get new water before Ft.Worth's consumption outraces supply.

U.S. District Judge Joe Heaton's ruling will cause the lawsuit back into the U.S. 10th Court of Appeals in Denver."The action is welcomed by TRWD as the matter can now be expedited to the appeals court, which will make the ultimate decisions in the case," said Jim Oliver, general manager of the water district. "Today's ruling sets a clear path for us to continue to vigorously affirm our right to acquire water in Oklahoma." Oklahoma Attorney General Drew Edmondson said the ruling was Heaton's "final judgment in this case so Tarrant's only option is an appeal to the 10th Circuit." And Oklahoma Secretary of the Environment J.D. Strong said the judge's ruling "strengthens Oklahoma's right to control the use of its most precious natural resource and enables the state to meet its interstate water obligations."

There are a few facts the Water Board seems to be blindly ignoring.

1. It is Oklahoma's water
2. It is going up in value daily
3. They don't want to sell it

"We only appreciate the value of water, when the well goes dry." Benjamin Franklin

We noticed this article out of Europe. The Utility Companies of the Western World have had, essentially a "free ride" on emmissions and environmental standards for the past 10 years. (In Texas, for example, the Governor, Rick Perry, has filed suit on the EPA saying that Texas does not have to comply with Federal Law and EPA standards. This will certainly be a lost effort, but will tied it up in court for many years).

Lack of action is primarily due to large contributions and political efforts, on the part of the utility industry, especially in the USA, to not enforce, or to weaken environmental standards.

Finally in Europe, they are slowly, re-regulating environmental standards, to create positive health benefits as well as good environmental policy.

While there has been much talk about emmissions standards in the USA, realistically, little tangible results have been seen yet. We can only hope, that when the people finally see the high levels of lung disease downwind of the nations coal and other industrial plants, that we should again enforce our present EPA laws, and create stricter standards for emmissions.

Polls show that 90% of Americans want clean air, the public simply doesn't make the large contributions that big industry does. Perhaps we can follow the example of our friends in Europe.

SOLAR POWERED AIRPLANE FLIES ALL NIGHT! Recharges when sun comes up.

Airplane flew all night on Solar Power

If they can build an airplane that will fly on solar power, why can't Detroit build a car, that is solar powered?

An experimental, solar-powered plane Thursday successfully completed a 26-hour flight powered by 12,000 solar cells and sunlight-powered lithium batteries. It recharges when the sun comes up and can fly all night and then keep on flying the next day, indefinately.

The Solar Impulse, a slender, long-winged airplane, flew through the night over Switzerland, fueled by energy it collected during the previous day. Solar Impulse reached a height of 28,000 feet and a top speed of 78 mph in what project coordinators called the longest test flight of a piloted, solar-powered aircraft.

"We don't need to prolong the flight," a project team member tweeted Thursday morning. "Everything we wanted to prove with this flight has been proven ... and more."