The Arizona Sentinel
Tax time is coming and Im wondering if there is some way , I could avoid my tax bill this year. Then it dawned on me,. Move to the Beltway or work for the federal government somewhere. It seems to have worked for Geitner, Daschel,and our budget overseer Mr Charlie Rangle. Today there were five Democrats step up to the mic and give Daschel a thumbs up , Im guessing for his attempt to avoid taxes.,, He obviously has taken acting classes , because when he finally made his way to the mic, his apology was so sincere, I had to run and get a hanky.
Watching these politicians run around talking whether its in the well of the house or Senate reminds me of a bunch of turkeys running around in the pen, making a lot of noise. Not much else happens. And when it does its normally not good. Every thanksgiving thousands of them lose their head. Wouldn’t it be great if once a year we chopped off the heads of a couple of these idiots in the beltway.
The Senior Senator Grassley has been criticized lately for picking up the “Buy American” mantel. Remember when Sam had that motto on the products in his store,” Made in America” . Well Ive been hollering about this for over year. Ya wanta have some fun ,. go to Wally world ,K mart or Sears,.. Walk around pick up products, look at the bottom , if its made in China , hold it up to the security cameras and then put it back.
For the past 6-8 years , I have been bad mouthing the U.S.Chamber of Commerce,. Well today they stepped up and bad mouthed the Buy American policy. The thirty years I was a independent businessman I never joined or contributed money to any Chamber of Commerce, be in U.S. State or City . They are absolutely anti American business. And anybody that thinks that these Chambers represent small business is smoking wacky weed.
The Republicans throw out a bone today. They want to give a $15,000.00 tax credit to anyone that buys a home. Nice try but its almost laughable. Business’s are winding down. Unemployment is at 7.2% the highest its been in 16 years. But here is a prediction,. Some mortgage company will come up with a scheme, to offer loans to buyers with no up front costs if they will split the tax credit with the mortgage company. Or something to that affect. What is it about the housing market that baffles the beltway? Thousands of the ALT A or ” liars loan” have already been foreclosed on and thousands more are due to reset. Once those reset the payment will go up roughly $1000.00 one thousand dollars per month on average. So over the next twelve months added downward pressure will continue to drive housing prices lower. So the Republicans giving lip service to a tax credit is a waste of hot air. Eventually one of three things is going to happen. First and best would be for the Beltway to stay out of it, and tell the banks that made these loans, you made this bed , you sleep in it,.. Or they will put the nation further in debt and go the good bank bad bank route and buy up all those bad loans , or toxic assets as they like to describe them,.. When will they learn to call it like it is. Or the finally thing to happen will be , that the homes deteriorate, become the property of the county ,due to arrears in property taxes, and be sold off at sheriffs sale to the highest bidder,. That is when we will find the value of these properties. The good effect of this is we will finally see property taxes forced down. Not before.
The housing market is flooded with people in every sector of that economy. And now they are all for that one buyer that might be out there. Here is an example , in the small community (3,to 3500)that I live in. Six months ago there were 55-60 real estate agents. Bottom line, the phony economy developed a surplus all the way around.
As Ive mentioned before the commercial property economy is beginning to fail now. And over the next 12 -18 months will continue to decline,. Not just here but around the world,. Again, there is a surplus of commercial properties, and people working in those areas. That’s gonna change. In the early eighties we went thru this, that was when I got into commercial property, and still am. However, the key I learned in the eighties. Was this, those that failed, then and those that are going to fail now, did not and do not understand the fundamentals of buying commercial property. I will not give up my secrets but I will share one element that can never be overlooked. If EGO or STATUS enters into the buying decision, it will fail.
And finally, does anybody remember when Cheney shot his buddy in the face. Well apparently the Obama administration and his democratic puppets are wanting to shoot the American Worker in the face. They are making moves to slow down or stop the Employer E-Verify system. You watch they will use that as a stick , when offering bailout money to the states. In other words if you want taxpayer money to fund your stupid programs, we are going to force you to drop your E-Verify programs. And in so doing we will complicate your states economy even more. For some reason I feel like Im being shot in the face.
E-Verify can not be in place if Obama and McCain are going to be able to give 20 million or more illegal aliens amnesty. So if we are ever going to stop the evasion of our country get ready for a fight.
Thanks for listening , you can give the world your opinion below.
FEDUPREPVET







This is great, I really like the forum. Keep up the good work.
Comment by Sandy Olsen — February 3, 2009 @ 2:54 pm