Friday, September 24, 2010

Why CEOs can't stand Obama

Speaks with forked tongue! Passes the buck! Responsible for deficit spending yet he fails to remember he was a member of the Senate. Gosh, the list gets longer........

This excerpt comes to me from several individuals forwarding things back and forth through cyberspace and it hits the nail on head.

"Budgets do not come from the White House. They come from Congress, and the party that controlled Congress since January 2007 is the Democratic Party. They controlled the budget process for FY 2008 and FY 2009, as well as FY 2010 and FY 2011. In that first year, they had to contend with George Bush, which caused them to compromise on spending, when Bush somewhat belatedly got tough on spending increases.

For FY 2009 though, Nancy Pelosi and Harry Reid bypassed George Bush entirely, passing continuing resolutions to keep government running until Barack Obama could take office. At that time, they passed a massive omnibus spending bill to complete the FY 2009 budgets.

And where was Barack Obama during this time? He was a member of that very Congress that passed all of these massive spending bills, and he signed the omnibus bill as President to complete FY 2009.

Let's remember what the deficits looked like during that period:

If the Democrats inherited any deficit, it was the FY 2007 deficit, the last of the Republican budgets. That deficit was the lowest in five years, and the fourth straight decline in deficit spending. After that, Democrats in Congress took control of spending, and that includes Barack Obama, who voted for the budgets.

If Obama inherited anything, he inherited it from himself.

In a nutshell, what Obama is saying is: "I inherited a deficit that I voted for and then I voted to expand that deficit four-fold since January 20th.""

Friday, September 17, 2010

Health Care Reform Bill

If you are one who favors a 'bronze' body via a tan then you are now paying an additional 10% tax on the opportunity under the new health care reform bill.

In 2011 chain resturants and vending machines must clearly list complete calorie counts for their foods.

In 2016 if you don't have insurance, you'll have to pay $700 or 2.5 percent of your household income, whichever's higher.

Tuesday, September 14, 2010

Are you in debt

I know most believe that they have their financial house in order; however, every American citizen currently owes more than $42,300.00. Not every citizen is a taxpayer so for all you taxpayers you owe $118,600.00.

Thank you federal government!

Wednesday, September 8, 2010

You want out of this financial mess

Do something about the employment stupid!

A business owner stated that he will likely be semi-retired by choice from this point on because:

"1) Cost of employees is way up. Workman's Comp, unemployment insurance, etc. Health care insurance costs $4 an hour if workers are young and over $5 per hour if worker is over 50

2) Business regultion. Every purchase over $600 needs a 1099 form, meaning I have to get the adddress and the tax ID of the power company, the insurance company, Office Depot, local hardware store, etc. Last year I was required to produce 4 1099's and this year it will be well over 100.

3) Health Care. I will now have to track where my employees go in the event of HazMat exposure. If I want to redo my offices I have to have certified painters who know how to handle lead.

4) Security. I must have lots more records on my employees keyed to their Social Security numbers, but if somehow I lose my laptop I am a crook.

My reward is: My marginal tax rate jumps in 2011, about 30% more than before. The FICA income limit keeps rising; that is 15% of net for the self-employed on the marginal increase. My risk has gone way up, but the government now takes over half of any marginal increase. It is more benefical for me to fish than to hassel with earning more money and dealing with employees."

Monday, September 6, 2010

Another staff appraiser who does not know the law

From Fort Bend County

It appears another staff appraiser is unaware that a new law was enacted by the legislature in 2009 with regards to including foreclosed property when determining the value of property. The staff appraiser from Fort Bend County CAD was recorded on tape saying that foreclosed property is not included when determining values. The chief appraiser is trying to CYA by saying that foreclosed property is included. However, when you do the math based upon the comparable sales in the area for some reason the CAD increased property values. Imagine That! And you still believe the executive board responsible for running the district and who's members come from the boards of the governmental entities that receive the tax money from the values placed on the property don't instruct the chief appraiser to raise values when they feel they need more property tax revenue?

Come on..............don't let them keep pulling on your leg! Camp County had an increase in taxable value as well for 2010. Just hard to believe that anyone would have an increase in value when the real estate market is in the tank. An individual the other day informed me that they had never seen so much property on the market in Camp County and he has lived here all his adult life. Said Titus County was even worse than Camp for amount of real estate on the market.

http://www.chron.com/disp/story.mpl/metropolitan/7173519.html

"dozen homeowners are suing the Fort Bend County appraisal district for allegedly violating a new state law that mandates foreclosures be included in assessing the value of their homes for taxes."

"The district representative, who denied my request for a major reduction, told me at the tape-recorded hearing that foreclosures aren't being considered. They aren't in the database,"

Wednesday, September 1, 2010

Clown and monkeys

Was clown and monkey really appropiate?

It appears that the local rag has turned advocate for returning an individual to the PISD that the voters removed from office in the last PISD election. Reasoning: the individual has experience. Voters determined that the individual did not have the experience that represented their desires. The individual only lost by seven votes was another reason provided within the context of the local rag. Regardless of how many votes one loses the majority of voters spoke on the issue. Losing by one vote is all it takes! Losing by seven votes does not grant the individual any special privilege. Losing is losing and the voters spoke. If you are going to use this logic then all previous candidates who lost a PISD board election are eligible to fill the vacant seat.

What experience did the other members have when elected to the PISD board? None, there is no experience requirement to serve as a school board member. Just as there is no experience requirement to fill the role of county commissioner, city councilperson, college board, etc.

I don't understand the need to call for an election when in the past the board operated with only six members and the PISD has a board election coming in Spring 2011 in which they can fill the seat. The same reasoning applies to appointing someone as well. Only operating with six was not a problem in the past. It is only a problem this time because on August 9th the PISD board voted to call a special election. Then in a following meeting a motion was made to rescind the August 9th decision; however, the board could not muster enough votes to rescind the previous decision. Then the board could not muster enough votes to appoint. The board is still left with their original decision of August 9th to call a special election.

Someone did not do their homework with regards to this issue and the board has now run into a timing issue if not a legal issue now that they have decided not to follow what they voted for on August 9th. If their is a clown and monkey in this matter it appears to be the individuals hired to advise the PISD school board, i.e. Twi-lite and Asst. Twi-lite Super. Who is the PISD elections administrator? This person is also responsible for knowing what is required for elections.

The local rag got one thing right 'three ring circus'; however, the clowns and monkeys are the individuals paid to advise the PISD board on such matters. These are the same individuals who decided it best to charter buses for athletics purposes rather than use the money wisely towards student learning enrichment..........least I forget a football player riding a charter bus is a student learning enrichment activity according to the 'ring master' of the PISD circus.

Leave the seat open and fill it in Spring 2011. However, if you need that seat filled so you can have enough votes to approve calling a bond election then you best reappoint the individual that the voters dispersed in the last PISD board election. This will give you the 4-3 (1 vote edge) you need! After all how many 3-3 tie votes did the board have when they operated with only six members in the past? I don't recall reading about any in the local rag.