Bill would encourage foreigners to buy U.S. homes

The bipartisan Senate bill would allow foreigners who spend at least $500,000 on a residential property to obtain visas allowing them to live in the United States.

A reader comments

Welcome aristocracy

Here’s the deal. They are going to buy homes in wealthy enclaves (because they are wealthy)or they are going to buy up beautiful [...]

Hank Snow – I’ve Been Everywhere

Coal-to-liquids plant for China

The plant is expected to produce approximately 68,000 barrels of fuel per day, and would sequester carbon with Accelergy’s TerraSync system that grows algae in the consumption of process CO2.

The accompanying algae farm will cover several thousand acres.

Tea Party founder supports Occupy Wall Street

Occupy Wall Street has been compared to the Tea Party. There are many similarities between the two. Both movements started as protests against the banks and the bailouts. Later the Tea Party was co-opted by Fox News, but will Occupy Wall Street suffer a similar fate? Karl Denninger from The Market Ticker looks further [...]

Man freed after 30 years in prison for crime he did not commit

The Innocence Project does it again

With the consent of Jefferson Parish District Attorney Paul Connick, Jr., a judge late yesterday vacated the rape conviction and dismissed the charges against Henry James as a result of DNA testing on crime scene evidence proving his innocence.

The ignominy! New Jersey commercial solar tops California

The Solar Energy Industries Association has just rained on California’s renewable energy photo voltaic (PV) parade with the distressing news (PDF) that New Jersey’s commercial PV projects now exceed California’s, and that they are now the hottest and biggest market in the US for commercial PV.

Yes. You read that right. New Jersey is [...]

California ok’s cap and trade

What could possible go wrong with a complicated, easily gamed system where carbon credits can be obtained by purchasing offsets in forests so  companies can continue to pollute in impoverished urban areas.

‘Electronic whip’ at happiest place on earth

Disneyland gets Orwellian in monitoring employees.

Today Libya, tomorrow Wall Street

Thought for the day

You know things are changing when a Utah cowboy tells me he wants to join Occupy Wall Street.