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Stimulus Pakage

The stimulus package consists of 787 billion dollars and will be used to help the ailing economy. Part of the plan is to reduce home owner's current mortgage payments. This will give homeowners extra money to be used on other necessities. The stimulus package was signed on February 17, 2009 and this will, "Set our economy on firmer foundation."(This is just to help the economy and not fully fix it.) Next, a large amount of this money will be being used to help repair roads, bridges, transit,and build new schools. Also, if you are thinking of purchasing a new car or house, this package will give you tax breaks. Therefore, it is an excellent time to buy! I believe while this package lasts, the economy will grow better but the money will not last forever. The government may have to go back and think about something similar to the Stimulus Package. Also, I fear if the package doesn't work, the economy may just grow worse. An example would be, people who bought houses when the money was helping them to afford one would quickly lose their homes once the stimulus package is over. Poverty and unemployment would grow. This would happen because the mortgages would go back up to normal prices, so houses may become unaffordable. As you can see, there are many positive and possibly negative affects from this stimulus package.

Link:http://www.usatoday.com/money/economy/2009-02-12-stimulus-package-effects_N.htm

Link: http://abcnews.go.com/GMA/story?id=6886824&page=1

Link:http://topics.nytimes.com/topics/reference/timestopics/subjects/u/united_states_economy/economic_stimulus/index.html

Wind Turbines

Due to the lack of wind in the United States, blackouts may become more frequent. Without wind to power our wind turbines, the amount of energy in the US has declined. The loss of wind energy in the USA is much worse then if a county in Europe was to have less energy. This is because there are many different climates and local geography. Also, wind powered energy is the leading renewable energy. Because of this lack of wind, INESC Porto was requested to make a new wind platform in order to reduce wind power and costs of the machines working.Wind platforms are similar to oil rig platforms in the oceans, but instead will hold wind turbines. The reason why they will be placed in the ocean is because wind is not obstructed in the ocean. These platforms should be operating in 2010 . I think this is a very clever idea and will increase the amount of energy produced by these mills. As you can see, scientists are coming up with energy solutions everyday to help improve our earth.

Link: http://www.sciencedaily.com/releases/2009/02/090204085311.htm

Link: http://www.windplatform.eu/

Earthquake in New Jersey

At 10:30 on Monday night, a 3.0 earthquake shook Victory Gardens and was felt in Rock away, Dover, and Morris Plains. Luckily, no injuries nor deaths occurred according to seismologist, Won-Young Kim from Lamont Doherty Earth Observatory. Numerous frightened citizens frantically called 911 unsure of what had just happened. Some thought an explosion of some sort went off. A citizen of Victory Gardens, Mr. Smaga said, " there was a loud boom and then the building shook. The vibrations lasted around two or three seconds." For this region an earthquake of this magnitude is uncommon, although smaller earthquakes are not unexpected. As you can see, earthquakes can happen anywhere in the US.

Link: http://news.yahoo.com/s/ap/20090203/ap_on_re_us/nj_earthquake.

Link: http://www.nytimes.com/2009/02/03/nyregion/new-jersey/03njquake.html?ref=us