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Jun 6, 2011

How to Fix the U.S. Housing Market - Money Morning

If this week's economic reports showed us anything, it's the fact that two years into what's supposed to be an economic recovery, the U.S. housing market remains on life support.

But here's what those reports didn't tell you: If the housing market isn't fixed soon, it's going to drag the rest of the economy down into a hellish bottom that will take years, if not decades, to crawl out of.

The housing market is our single-most important generator of gross domestic product (GDP) and, ultimately, national wealth.

It's time we fixed what's broken and implemented new financing and tax strategies to stabilize prices.

Contrary to the naysayers - and in spite of political pandering and procrastination - we can almost immediately execute a simple two-pronged plan to fix mortgage financing and stabilize U.S. housing prices.

I call it a not-so-modest proposal."

Travel with The Planetary Society



Join us on one of these great adventures!
Whale Watching in Paradise BayTreasures of TURKEY, including the Draconid Meteor Shower
October 3-14, 2011

MAYA WORLD & the Great Dinosaur Extinction
November 10-18, 2011

ANTARCTICA!
December 30, 2011-January 11, 2012

ARECIBO & the Lesser Antilles
On board the 5-masted Yacht, Royal Clipper! January 26 - February 4, 2012

ALASKA's Aurora Borealis
March 15-21, 2012

The GRAND CANYON and the 2010 Annular Solar Eclipse
May 14-21, 2012

SIBERIA & LAKE BAIKAL for the Transit of Venus
June 1-12, 2012

Discover HAWAII and the Transit of Venus
June 4-12, 2012

Have you ever wanted to visit an alien landscape of wind-scoured terrain and sculpted ice? How about a world where ribbons of light envelop the night sky? Or perhaps you prefer seeing the fiery corona of the Sun?
The Planetary Society is calling all such explorers to travel with us to remote, beautiful -- and, yes, even alien regions on planet Earth to witness some of our world's most breathtaking wonders. Escorted by knowledgeable guides and speakers, the tours we offer through Betchart Expeditions span the globe. Voyage to the Antarctic, or head to the opposite hemisphere for a chance to 
see the Aurora Borealis in Alaska.


What's up in the solar system in June 2011


Solar system exploration missions in June 2011Time again for my monthly look at what's going on with the robots exploring the solar system! It'll be a busy month for Cassini, with lots of cool icy moon observations: it'll spend several days looking at Iapetus, and will pass very close to Helene mid-month before doing some RADAR work on a Titan flyby. Opportunity just seems to get faster every month -- if she keeps up her pace, she'll be at the rim of Endeavour crater by the end of the summer. And Dawn is still getting closer to Vesta, though I have to say that my enthusiasm for its approach to this new world has cooled a bit since they haven't released any images since their first view of Vesta early last month.

Before I go into mission-by-mission detail, here's Olaf Frohn's marvelous map of where all of our explorers are on June 1. There are two major changes to this map since last month's: Spirit is now "grayed out," and it'll be the last time her name appears; and OSIRIS-REx has been added to the list of future launches.


CELEBRITIES Gossip, Jun 06, 2011

Cheryl Cole will be paid to leave "X-Factor"
Sun,5 Jun 2011 10:26 PM PDT
Reuters -
LOS ANGELES (Hollywood Reporter) - The bizarre drama surrounding British pop singer Cheryl Cole's on-again, off-again gig as a judge on the U.S. version of "The X Factor" appears to be coming to a close -- and it's off.
 
  

REUTERS Celebrity/Gossip News Headlines, Jun 06, 2011

Cheryl Cole will be paid to leave "X-Factor"
Ancient Greek comedy gets "Glee"-style update
List of winners at MTV Movie Awards
Bummer! 'Judy Moody' for small children only
Abrams, Spielberg go back to future in 'Super 8'
Cheryl Cole seeks visa amid "X-Factor" standoff
New "X-Men" tops class at worldwide box office
Kissinger ponders Blatter's offer of FIFA "wise men" role
MTV film award winners take back seat to new clips
"Gunsmoke" star James Arness dead at age 88
Fire destroys Trace Adkins home near Nashville
John Edwards, disgraced but determined, readies for new trial
"Top Chef"'s Antonia in deal for "Busy Mom's Cookbook"
Ranchera prodigy Rojas, in a "good place," tries comeback
20 years later, "Lambada" still inspiring hits
August premiere set for season 4 of "Jersey Shore"
Katie Couric's talk show deal likely announced Monday
Denis Leary on why he "hates" Michael J. Fox
Dierks Bentley featured in new NHL marketing campaign
Performance rights groups face challenges and uncertainty
Apple secures licensing deals ahead of iCloud unveiling
Roots plotting "orchestral" new album
Chaka Khan collaborating with Steven Tyler, Akon
Laryngitis forces Adele to cancel U.S. tour dates
"Cash Cab"s Bailey to host new NBC game show
Judge won't stop Dish airing free Disney movies
Jason Aldean's bulldog determination propels rising career
Rihanna says "Man Down" video empowers women
Rivalry emerges between Vevo and YouTube
Rock radio continues to thrive despite shrinking ratings
Heart transplant teen befriended by Brandy dies at 17
Slim's America Movil slumps on regulation worries
Polanski cancels trip to Polish Film Festival
Eminem sues Audi over ad's use of "Lose Yourself"
Standoff between Cole and U.S. "X Factor" producers
Adele cancels all remaining US tour dates
"Judy Moody" one film for kiddies only
"Gunsmoke" star James Arness dead at age 88
Playboy club returns to London, some hopping mad
Actor John Malkovich robbed in Prague

One True LoveBorn This Way (Special Edition)21

WORLD News, Jun 06, 2011

MAJDAL SHAMS, Golan Heights (Reuters) - Israeli troops fired at Palestinian demonstrators in Syria who rushed to the frontier fence on Sunday in what Israel called a cha
llenge to its sovereignty. Syrian state-run media said 18 were killed.
Sun,5 Jun 2011 10:23 PM PDT

REUTERS World News Headlines, Jun 06, 2011

Israeli forces kill 18 protesters: Syrian TV
U.S. missile strike kills 14 militants in Pakistan: sources
Humala barely leads Fujimori: Peru partial results
Fujimori to concede defeat if polls confirmed
Missile strike kills 6 militants in Pakistan
Gaddafi aides present car crash baby as NATO victim
Yemen's Saleh comes out of surgery, future unclear
Bahrain police clash with Shi'ite religious marchers
Factbox: Exit polls in Peru's presidential race
Dozens killed in Syria violence, including 4 police
Timeline: Greece's debt crisis
Portugal Socialists concede defeat in general election
Protesters torch party HQ in east Syria, 2 killed
Bomb attacks kill 24 in north-west Pakistan
Bomb attacks kill 13 in northwest Pakistan
Yemenis celebrate Saleh departure
Syrian forces injure scores trying to topple statue
Macedonia vote ends peacefully after bitter campaign
Time to remember the past, says Peru's jogging Humala
Factbox: Recent polls in Peru's presidential race
Clashes reported in Sudan flashpoint state
Bombs hit Iraq oil tanks in rare southern attack
Factbox: Latest developments in Libyan conflict
Arabs see Yemen as turning point for uprisings
Factbox: Portuguese economy and politics
Yemen's president in surgery for chest wounds
Yemen president to return within days: party official
Netanyahu cool to French plan for negotiations
India police break anti-graft yoga guru hunger strike
Egypt says about to conclude $3 billion IMF accord
Yemen acting president to meet military, Saleh sons - report
Pressure mounts on Japan PM to quit amid coalition talk
Instant view: Yemeni president in Saudi Arabia
Bomb attack kills six near Pakistan's Peshawar
Chinese VP in Cuba to meet on economic ties
Flamboyant ex-mayor arrested with arsenal in Mexico
Yemen president Saleh survived years of upheaval
U.N.'s Ban to announce candidacy for 2nd term: envoys
Yemeni President leaves country for medical treatment
Factbox: Recent polls in Peru's presidential race

One True LoveBorn This Way (Special Edition)21