Obama Revealed as a quasi-Republican Centrist

December 24, 2010 Leave a comment

Decisions of President Obama to assume the Republican tax cuts for the wealthy, accept lower estate taxes, reduce social security taxes, approve a minimal 13-month increase in unemployment compensation, maintain Guantanamo to hold people indefinitely without due process, expand the war in Afghanistan and Pakistan, all have given the President a quasi-Republican profile.

This should help him in Florida in the 2012 election, no doubt.

Filed under Coral Gables

Have a Great Holiday Season

December 24, 2010 Leave a comment

Let us hope for the best for the residents of Coral Gables and great new leadership for the city.

Filed under Coral Gables

Coral Gables: Assessed Property Values versus Real Estate Prices

December 20, 2010 Leave a comment

Take a look at the real estate section of the Neighborhood Section  of the Miami Herald any recent Sunday.

You will find that the assessed values of the properties are, on average, 35% higher than the sale prices  of the properties (more or less selected at random).

Friends, assessed property values will continue to decline in Coral Gables.  The city will be under pressure to keep raising our taxes.

The only real question for commission and mayoral candidates in the city of Coral Gables:  What is your position on property taxes and fees?

Filed under Coral Gables, Property Values, Taxes and Fees

Consumers Cutting Credit Card Use

December 15, 2010 Leave a comment

Evidently, consumers are not taking on more debt and they are using cash rather than their credit cards.  This is not a good sign for business in Coral Gables and Miami.  Another reason for the city of Coral Gables to be just as conservatives as its taxpayers and consumers in managing their money. This is also bad news for big (too big to fail) banks.

Only 16.3 percent of consumers polled used credit cards over the Black Friday weekend this year, down from 30.9 percent last year and an all-time low, according to a survey by America’s Research Group and UBS.

Filed under Business and Commerce, Coral Gables, Economy

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