Real Time Numbers not Historical Numbers

I am off to get an offer signed and double check another property before signing another offer. Recession is almost over don't believe the media. These are observations from my personal experiences but I have noticed that my personal experiences have been a better thermostat for what is happening. Gas prices are low and so are prices. True that people are still being laid off but other companies are hiring. It is time to reinvent yourself and get into a growing industry. Do not rely on being at one job the rest of your life but continue to grow and adapt.



I am also going to ask to get proactive because the only thing that will slow down our recovery are the pending tax hikes from all of the bailouts. Write to your congressmen and women and let them know that you will vote them out if they vote for another bailout or another tax increase. Enforce the current tax laws and catch the tax cheats. Legalize marijuana and prostitution and you have another revenue source. Let's start some dialogue about my last proposition.

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Sales Tax Increase

Ok I know we are still only 2 days away from the increase but I just looked at my lease statement and it increased by $3 because of the increase. This is ridiculous cause now I'm going to speed up those payments and payoff my car sooner which won't benefit anybody but me. That means I am going to cut back on other spending in order to make that happen. I guess the only companies that will benefit are going to be the makers of Spam and Ramen cause that's what the kids and I will be eating while we make all these cut backs in our family budget. I refuse to give the state anymore money cause they are just so inefficient.



To all my friends who are hired by the state I apologize but I know most of you have admitted to me that the state empowers administrators too much and employees too little. So in the end all you have is bureaucratic heavy departments.

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Love Your Life

I am sitting here thinking about my life. I love everything about it. Sure sometimes my life has knocked me on my a$$ but how I get up is what defines my character. All my experiences good or bad has made me who I am and I wouldn't change a thing. I love my life and when I finally realized that, things started falling into place.

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Another Temporary Tax Increase!

This is not an April Fools joke! Californians will be hit with another so called temporary increase in the sales tax on April 1st. This is a one percent increase. I am very curious to know how many of the past temporary increases were ever repealed.



These smart politicians decide to make things more expensive during a recession just because they cannot control their spending. I remember someone being quoted saying that they would not increase taxes during a recession. I guess this just means personal income taxes but raising taxes on everything else is okay. How many people out there purchase items from other states just to avoid the California sales tax? I don't think California's politicians get it and they think that people are actually reporting how many items they have purchased from other states on their state income tax return. You are not going to generate much tax revenue during a recession and so you must cut your spending.



Thank you to all of those politicians who have approved this tax increase. Thank you for prolonging California's recovery. When will they get it? If they want to regulate something then make it mandatory for our politicians to take courses on economics and not just econ 101. If there's a petition to recall circulating please send it my way.

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Understanding My Purpose

There are times that I question if what I am doing in life is what I am supposed to be doing. Okay I question it a lot. Being in real estate is a struggle. There are so many factors that are out of my control. Then I spend money to try to make money and by the time I get additional business I need to figure out where to get more money so I can advertise. It becomes a vicious circle and many are lucky to have spouses that could support them and here I am as a single parent making my kids sacrifice right along with me as I try to build my business.

Days like today make me realize that the struggle is well worth it and it is not because I'll be receiving a commission check soon. I just helped someone get into a home. This is their biggest purchase so far and a giant step for the newlyweds. Soon they'll start their family there and have many Christmas and Thanksgiving dinners. I played a big role in this purchase. This was their first real step in building wealth aside from having a savings account. I love this feeling.

Best of all they will benefit from the $8000 refundable tax credit and the mortgage interest deduction. Their payments are now building equity instead of just going down the drain like the rent. I taught renters how to become homeowners and I'm able to do this on a mass scale thanks to the internet and have time to do something else that I love, spend time with the kids.

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Presidential Motorcade

I was able to witness the Presidential Motorcade around 3:15 pm today as I was trying to get on the 5 Freeway north by the LA Zoo. All of us were stopped from getting on the freeway when I realized he must be on his way to the Tonight Show. So first socialism and now traffic, great. I am just kidding and taking a cheap shot. It was actually pretty cool. I've never witnessed this before and my only regret was that the kids were still at school and did not witness it with me.

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Checks & Balances

Thank God that our founding fathers were a lot smarter than our today's legislatures. They are flexing their muscle today and trying to tax the bonuses that AIG paid out 90% to 100%. The problem is that this is contract law and the legislature is just doing a dog and pony show right now. They should have never given them the money to begin with and allow for AIG to restructure under our current bankruptcy laws.



I know there is a big debate whether what they are doing is constitutional or not but it brings me to my point. Eventually this will go to the court system and it will be determined then. If you ask me AIG has been defrauding us from the beginning and if they investigate them properly they will be able to get the tax money back. Now next elections please vote out any incumbent that voted for yea for any of the bailouts and vote in anybody else. We cannot allow for government to corrupt itself by giving itself more and more power. Next thing you know I can't even write something like this. Oh wait maybe I should keep quiet for a while.

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