NC energy, NC jobs, Green energy initiatives, Green Energy On-line grant, January 1, 2011
From Green Energy On-line, December 29, 2010.
“On Saturday, January 1, 2011, we will be notified by the Pepsi Refreah Project team if our project application has been approved for voting. If approved, a link will be provided on this site as well as on our social media accounts such as Twitter and Facebook.
We have been very active in passive solar and wind energy research and development using our own limited finances and resources. The Pepsi Refresh Project grant money, if received, will jump start our efforts, especially our planned design for solar augmented wind energy. Our advanced wind energy design should open new markets in lower wind speed areas.
We have already been in discussions and tests with two local established small businesses and will use them in our projects. We will immediately inject cash into the local economy with the intent of putting more people to work locally and nationally with labor intensive installations of passive solar and wind energy.
We will be utiliziing some active solar as well as passive solar. What we are particularly attracted to is more effectively using wind energy. Let’s face it. Using active or passive solar alone with a best case scenario of about 8 hours a day on average is not a good cost vs benefit solution.”
The president of Green Energy On-line expects to be approved by the Pepsi Refresh Project team. They have been using their own money and resources thus far and regardless of whether or not they receive this grant money, they will move forward. The biggest innovations in this country came from small businesses like the Wright Brothers and Thomas Edison and without grants.
Posted in Announcements, Companies, Green energy, Greensboro, Money, NC cities, NC jobs, NC news, News, North Carolina, Press, Technology
Tagged 2011, Green energy initiatives, Green Energy On-line grant, January 1, NC energy, NC jobs
Susan Barringer Wells will have a book signing at Barnes & Noble bookstore in Friendly Shopping Center in Greensboro NC on Friday, February 15, 2008, at 7:00 PM. Susan will be signing copies of her new book, “A Game Called Salisbury.” The book is a non fictitional account of the Lyerly murders that occurred over a hundred years ago in Salisbury NC. The book also reveals racial issues that pervaded the south and nation at that time. Susan Barringer Wells was born in Salisbury NC, grew up in Greensboro and has been a premier artist at the Outer Banks for many years.
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Posted in 2008, Announcements, Books, culture, Education, Entertainment, Family, Greensboro, Life, Literature, Media, NC cities, NC news, News, North Carolina, People, Press, Reading, Review, Writing
Tagged A Game Called Salisbury, artist, Barnes & Noble, book signing, Friendly Shopping Center, Greensboro NC, Lyerly murders, Outer Banks, Salisbury NC, Susan Barringer Wells, Susan Wells Vaughan
Sales of Susan Barringer Wells’ new book, A Game Called Salisbury are progressing well. Susan was featured in the Greensboro Daily News, I believe on Sunday, February 10, 2008. Susan has a book signing coming up at Barnes & Noble in Friendly Shopping Center in Greensboro this week. I wonder if anyone from the New York Times book review department has caught wind of Susan’s new book. If anyone out there from The New York Times, Washington Post, or anyone else would care to comment on the book, let us know.
Posted in 2008, Announcements, Books, culture, Education, Entertainment, Family, Greensboro, History, Life, Literature, Media, NC cities, NC news, NC tourism, North Carolina, Opinions, People, Press, Reading, Review, Writing
Tagged A Game Called Salisbury, Barnes & Noble, book review, Greensboro Daily News, Greensboro NC, New York Times, North Carolina, Susan Barringer Wells
The Fed has cut the discount rate by .75. The stock market is sharply down. This latest cut by Bernanke and the Fed brings the Federal Funds Rate to 3.50 percent. The reason for the cut was, according to the Fed, “in view of a weakening of the economic outlook and increasing downside risks to growth.”
Posted in 2008, Announcements, culture, Economics, Government, Media, Money, News, Press
Tagged Bernanke, Fed cuts rate by .75, January 22 2008, stock market drops
From time to time I see or hear a discussion about the pros and cons of paying off a home mortgage early, making extra payments and 30 year versus 15 or 20 year mortgages. There was an article in the Charlotte Observer Sunday morning, January 20, 2008. The artcle presented for and against positions. This is a subject worth contemplating for most home owners because it can make a tremendous difference in one’s financial situation, short term and long term. Very few topics in life can be intelligently discussed out of context, and this debate is no exception. Here are the decisions and things to consider for most homeowners in the US.
Most people in the US do not remain in their first home and sooner or later your home will be sold. Buy a home that is where people now or later want to live in. This can be from the perspective of selling the home later or renting part or all of it. Even in a city or region that is not as popular as it once was, one can find the most desirable locations.
Early in your life, generally buy the most house you can comfortably afford. If you are younger, consider a house you can have a roommate(s) in or rent out part of. Any time that you can, let others help to pay for part or all of your real estate. Choose your comfort level and carefully choose those you rent to.
Alway have at least 3 months of liquid assets to cover your bills for emergencies. Also have at least 3 months or preferably 9 months in other assets that can be converted to cash like a 401K or retirement fund. You don’t want to lose that house once you get it.
Should one get a 30 year mortgage or 15 or 20 year mortgage? I recommend that most people get a 30 year mortgage unless you know you can always pay the shorter term mortgage and you are not going to invest the difference in the payment amounts and your rate is less on the shorter term. With a 30 year mortgage, you can normally make extra payments each month or whenever you are able. However, with the lower monthly payment, your odds for always making the necessary payment amount are much better. If you want to make extra payments, always make sure you have the emergency money first.
Now for the question of pros and cons of paying off your home early. This is a personal decision and requires one to be honest and realistic with one’s self. First of all, follow the rules I have outlined above. After that, look at your interest rate. Are you locked into a high rate with little chance for changing it. You then have more incentives to pay more. If your rate is low, you then must honestly determine if you will invest the money you would use to pay the house off early. If you will and can make better use of the money, perhaps you should consider investing it. It you are unsure, perhaps you should pay extra on your house until you can use the money in a more productive way.
I recommend you discuss the above with a knowledgeable tax or investment specialist. Paying a little money for sound advice upfront, can make or save you a lot of money.
Posted in Announcements, culture, Economics, Education, Family, Home, Life, Media, Money, NC homes, NC real estate, North Carolina, Opinions, Press, real estate
Tagged 15 year, 20 year, 30 year, Charlotte Observer, home owners, homes, houses, interest rates, investments, Mortgages, pay off, real estate, renters, roommates
We were in Greensboro Tuesday, January 15 2008, when Skybus Airlines began their first hub flight from Greensboro NC to Portsmouth NH. The flight took off at 5:45 AM and was about half full. 750 passengers were scheduled to fly out of Greensboro Tuesday. The Portsmouth NH airport is just north of Boston MA. We could not be at the airport but watched the innaugural festivities on WFMY TV. Skybus Airlines has already begun adding flights above and beyond what they had announced earlier. Skybus advertises 10 10 dollar tickets per flight and has recently offered specials below their other discounted fares. I ran into one of my friends in Greensboro who has been involved in aviation for years. He and I both agree that Skybus has a good chance for success and one of the key reasons is direct flights. He and I both flew other airlines in the past month and we both had major delays or cancellations. We are both of the opinion of why pay the fares of the major airlines when the flying experience is sub standard. Skybus offers fewer services, but the cost is dramatically lower.
The Piedmont Triad International Airport in Greensboro had prepared well for the additional flights with new construction and food vendors. The afternoon flight to St Augustine was nearly full. Skybus is phasing in new flights all over the US.
To learn more about Greensboro and North Carolina Click here
Posted in Announcements, Economics, Family, Home, Media, Money, NC cities, NC news, NC tourism, NC travel, NC vacations, News, North Carolina, Press, Recreation, Television, travel, TV
Tagged Boston MA, first flights, Greensboro NC, hub, Piedmont Triad International Airport, Portsmouth NH, PTI, Skybus Airlines, St Augustine