Domestic Partnership – HB 1727/1735

January 30, 2009

House Bill 1727 – Domestic Partnership marriage.

I found a few things which “might” be incorrect in the House Bill 1727. This is the ACT relating to further expanding the rights and responsibilites of state registered domestic partners.

Also, when Representative Scott White brought this subject up before The Stranger in the Editor’s room he said the domestic bill would pass in this legislative year. My response was to let it go before the People via Initiative so this could be struck down once and for all.

It is now looking like an initiative might be needed. How far are they going to get on this legislation. Maybe this with the Illegal Immigrant Initiative could be a dual purpose. Get the fourth leg of Government working – the Initiative leg of Government.

Thanks

Keith Ljughammar, EA

Concerning HB 1735

Page 70, line 23, 24, 25.

No indication is givin g to a company here. I do not know of any real representation for the word “firm”. Also, no inclusion of non-profit organizations are indicated. Non-profits are excluded by reason of the word business entity. These would be non-entities.

Page 89, line 5 and 6.

In this is a reference to $10 balance as defining an indigent. This should be a referal of an equivalent of 5 days of outside the institution of an amount equivalent to lodging and food expenses for a five day period of time. If one cannot get a job in a five day period of time they indeed will be indigent. A $10 test for being an indigent would almost guarantee all inmates to be indigent under this dollar amount. The five day rule would also show all inmates to be indigent but without reading your HB 1735, An Act relating to achieving economic security through income sufficient to meet basic needs… I would think the two should be related to each other for this particular question.

Page 99, line 23, 24, and 25.

Immediate family member. For the definition of immediate family would you not also include a fosterchild or adopted child. In determining a child under the dependency rules for a dependent a step-child would also be included as a child or a substitute for the other as well.

Got this from the IRS Form 1040, instruction booklet for a qualifying child:

Son, daughter, stepchild, foster child, brother, sister, dependent on someone else’s 2008 tax return? See Steps 1,
stepbrother, stepsister, or a descendant of any of them (for 2, and 4.
example, your grandchild, niece, or nephew)
It seems to me the circle of comfort for an immediate family may be larger than what is being defined here.
Let’s go back.
Page 27, line 29 – 38.
In these lines I do not see where a restriction would be made for owning a gun. Actually that would be having a concealed weapons permit.

page 102, line 12.

I would think this line should read

citizen or legal resident of the United States.

One could be a resident such as an embasssador and not be subject to the rules of the United States. Also, one could be within the 180 day rule and be a resident but not considered as part of the United States. If one is from Canada and a resident here in the United States but a citizen of Canada then a Canadian citizen who is a resident of the United States does not pay estate taxes to the United States and does not pay estate taxes to Canada.

See also, page 102, line 27 and 28.

Page 103, line 9-15.

So here you are addressing that if property is passed on by a domestic partner then the state will consider the surviving spouse to have active participation or are you saying material participation. Since by operation the characteristics established by the decedent carry via the gifting or estate mechanism to the surviving spouse. Here I think however you are mixing up active management and material participation. Two different and separate considerations for different purposes. If you will recall one is for passive real estate considerations and the other is for active business considerations or passive business activity considerations.

page 103, line 16 – 20.

Again, here should you not be considering “company”. A couple can own property together yet not file a partnership.

page 103, line 27-36.

Don’t forget that social security itself starts and SSI ends at the normal retirement age. How would this affect the changes, meaning or substance in this paragraph or would it change it at all.

page 104, line 9-14.

In one part here you use qualified use and in another section you just use “use”. Are these two compatible and is the meaning the same. Here I am guessing but by qualified use are you meaning this as being a “domicile. Again, material participation I will have to relook this up as to if qualifying rental property or if from a business enterprise for the common usage.

page 104, line 16 – 17. Here is the usae of fair market value do you really mean modified fair market value or adjusted fair market value. Previously you had been talking about family ownership of real estate and the valuation adjustment from a Family Trust arrangement.

page 104, line 26.

Again, here qualified replacement property as associated with a a section 1031 exchange. I do know that a new depreciation schedule is created but also the old depreciation schedule continues for the replaced property. I do not believe however that the tests for material participation or active participation continue to the new property. This is also something which I would have to look up. In previousl paragraphs you were mentioning material participation continuing on.

page 104, line 36 – 37. For your definition of active management hours worked and comparisons of how others worked on the project would have been needed to be evaluated for the active management. Are you mixing up terms here again. Active participation is not the same as active management then as this is being written down. Here active management should be including the daily operating decisions. This is part of a farm. Decisions. Decisions. Decisions. Perhaps you meant another word for this such as “daily operation functions”. These would be two different venues of thought. An eleven year old child could do daily operating functions but an eleven year old could not do daily operating decisions.

page 106, line 10 – 12.

I do not believe the IRS could uses an eight-year period with an aggregating five years or more. I will have to look this up but I thought the restriction was for a ten year continuous period of time. The federal law could have changed for a less restrictive qualification.

page 106, line 17 – 20.

Again here I believe you are mixing up the definitions which are needed to be used for this section. Active participation and material participation are extremely different. One is for real estate and the other is for business applications.

page 106, line 23 – 26.

Without any special valuation under section 2032A. This wording without looking up the section 2032A would seem to change what the meaning is for the IRS and how or what they are trying to achieve. This wording if I am guessing right would be extremely punitive to a decedent’s surviving spouse.

page 106, line 33 – 38.

Residential buildings. This could be a broader encompassing area than what the IRS would be allowing. It is for the domicile and an area over one acre in maximum. I would again need to look this part up first.

END
 
 
 
 
 
 

 

Advertisements

I-409 Grassroots Volunteers

November 3, 2008
Dear Grassroots Volunteers
Below are some observations from gathering signatures. Your approaches will probably be different. If you get a signature that in itself is success. If you have suggestions or alternate or concurring observations please email or write back about your successes.
List of topics:
1) One to five volunteers

2) Banner Sings

3) Aggressive vs. Passive

4) Gun Shows vs. Non-Political Events

5) Recruitment of Extra Volunteers

6) Signature +3 or More folded petitions.

7) Craigslist and Other Lists for Recruitment

8) Training

9) Contributions vs. Donations

10) The Big Picture – Lower Costs to Government – Greater Revenue and Higher Wages.

1) One to Five Grassroots Volunteers

 

Seth Sundin, Laura Carter and John Moyna were each operating separately in the Greater Spokane area. Seth mentioned he would like to collect signatures with other volunteers at the same time. He was absolutely right. If you have more than one in an area then this acts as a security shield and also allows spontaneous departures for personal reasons or for lunch breaks. I always prefer a group. Greater numbers of volunteers also allow a multi-presence and thus a greater possibility of signatures. More than one also allows for one if needed to pull aside more inquisitive questioners or the recruitment of the questioners to become a volunteer.

2) Banner Sings

 

If you go to a known location or to events you should have a banner sign(s). A known location would be a Wal-Mart, Lowe’s, Home Depot or Safeway. We can’t have a sign posted so a banner on an eight foot stick takes care of this problem. One person holds the sign with a passive signature board and the others collect signatures.

Some of the wording for Banner Signs might be:

Stop Illegals from Driving

Stop Social Security Fraud

In other situations two small tables stretched out may be more impressive and having eight or more signature boards. If any children are with the signature gatherers if allowed the children could be rooming and informing attendees of the availability of signing.

3) Aggressive vs. Passive

One person can be aggressive by yelling out sayings. The passive person might be just holding out the board with the petition clipped on it. Then when the aggressive gatherer is actually gathering signatures the passive gatherer would become the aggressive signature gatherer.

But let’s recognize that one’s individual talents for aggressiveness may not be someone else’s talent for aggressiveness. The collective idea is signature gathering and not displays of aggressiveness or otherwise. The means does not have to be the ends. What you are comfortable with should be the game plan.

4) Gun Shows vs. Non-Political Events.

Some individuals due to their group affiliations will be more inclined to sign than other non-group gatherings of individuals such as for shopping. Gun Shows have been shown to be our greatest for the gathering of signatures. They gather early and shop hard and fast. They are serious about their sport and thus serious about their signature.

But for the generic shoppers with some having no political affiliations or concerns this could be a tougher crowd. This is due to a need to get errands done or for picking up the kids or making sure the ice cream doesn’t melt.

As one is visibly seen continually at these locations a greater drawing for signatures is accumulated.

One can be standing around for fifteen minutes and getting no signatures. But then one person is signing and suddenly five or more signatures are gathered. This can happen also with one or two signature gatherers being present. With two gatherers the need to sign becomes more of a necessity. Increasing the number of boards on a table shows more signatures being gathered as this displaced a larger prior prominence of signatures being gathered. The group psychology intensifies and thus the need to supplying that signature increases.

 

Different approaches for different events but the continual presence at an area seems to break down resistance. Or maybe I should say continual presence accomodates the “not enough time” argument to “enough time to spare to sign”.

People at Gun Shows mentally think of themselves as perfectionists and doing thing but definitely not couch potatoes. The active approach of accomplishment translates into accomplishments of betterment fo the state through this signature accomplishment. The road to sharpshooting perfection is one bullet at a time. The same is true for the perfection of society – One signature at a time.

5) Recruitment of Extra Volunteers

Extra Volunteers are always a need for the campaign or a petition signature gathering process.

When we are gathering signatures three extra petitions should be tried to be distributed at the end of the signature. Instead of gathering just one signature this theoretically accomplishes the gathering of 31 signatures so one completed petition would bring in a potential total of 310 signatures. One hundred signatures 3100. One thousand signatures 31,000 and ten thousand signatures would bring in a completed signature petition campaign.

At the present time we have over 25,000 signatures and 45,000 petition sheets have been distributed. With 2500 sheets + completed this still shows a lot are outstanding. Keep up the good work.

Craigslist can be used in advertising for Volunteers. At the present time no funds are available for paying signature gatherers.

Locally we are using prior campaign individuals and thus you may be seeing new faces. Your own personal recruitment of volunteers will probably be the most affective though.

6) Signature +3 or More folded petitions.

Previously mentioned was an example of this effectiveness is an ICE agent cam by and we gave him 30 petitions. The 30 petitions cam back in three weeks. In this case 1 signature yielded 301 signatures. Keep track of large petition giveaways and see about recruitment as a volunteer or additional signatures.

7) Craigslist and Other Lists for Recruitment.

One of the Volunteers mentioned Craigslist as being a free source to get volunteers. A large percentage though will be asking for funds or payment for the signature gathering process. If payment does come together this will be dependant upon the availability of funds from PACs which support this project.

Currently projects include insertion of a petition into a clubs newsletter. The size of the petition is 11 X 17. If you need more for a clubs newsletter for your local area then please feel free. Please allow enough time for printing and shipping. The current clubs amount is 14,000 monthly newsletters. Theoretically this should generate 140,000 signatures. With a potential of 1/2 the total needed we cannot afford to miss this opportunity. The additional goal would be to get volunteers and donations. A secondary letter from the editor could accomplish this. At the present time funds for cost of advertising or cost of insertion is not available.

8) Training.

Would you need a little bit of training please request. A formal training or scripting function has not been produced but if you would need some training for volunteers, time allowing and traveling allowing we will attempt to get there.

 

A more formalized training pamphlet will be attempted to be written and inserted on the website. If enough requests are made and this becomes a necessity someone with writing skills might volunteer to do this project.

9) Contributions vs. Donations.

At the Puyallup Fairgrounds we had a jar where individuals could contribute to the cause. Every once-in-awhile someone would stick in a $1 or two. Maybe some coins. Personal information also needs to be collected for the political accounting process. Collect the name, address, city, state, zip, personal job description and the company worked for. No $ limit applies the the amount of contribution.

A donation from PACs or organizations can be collected also. Some of this is being started in Seattle.

In essence, if you spend any money, keep track of the amount. If funds are available and you have saved your receipts then reimbursement of expenses MAY happen. Depending upon the amount and the extent of expenses maybe not all expenses could be reimbursed. We all are contributing. Cost for reimbursement of petition printing will be first. Also, keep track of your mileage. Beginning, ending and total for each occurrence. Good Luck and Thanks!!

10) The Big Picture – Lower Costs to Government – Greater Revenue – Higher Wages.

When taxes are not paid by a group but services are requested this causes many things to happen:

1) Revenues are not collected which help in paying for services. Expected capital improvements to the infrastructure or improvements to schools for education are deferred. Deferment of capital improvements further reduces our capital or potential for further revenue and puts the State at a present and future competitive disadvantage with other states and countries throughout the globe. Nowadays everything is global and very little only have a local affect.

The repetitive disadvantage of lower revenues and higher expenses due to a decreased capital improvement will thus help in ensuring a lower wage. The lower wage is the offset due to the under-reliance of the capital structure which was caused by a lower revenue stream.

A sure sounding circular argument but third world countries have perfected this format.

11) “Trap-line” on a daily basis.

This I have not tried but it seems to be rather effective.

What one does is find a business or other location which would be willing to gather signatures at their place of business. They show one petition at the counter at a time. After the 10 signatures are gathered the completed petition is signed on the back and put underneath the counter. Another blank petition is inserted on the clipboard so other guests/clients/customers can sign the petition until completed. A signature gatherer comes by once a week or once a day to collect and replenish the petitions. This technique by one volunteer netted 10,000 signatures.

END

Thanks

 

 

Keith Ljunghammar

vbhoundabout@hotmail.com

206.388.9982

 

 

 

 

 

 


Unconstitutional Bailout!!

October 3, 2008

The Constitution of the United States specifically mentioned that all bills concerning taxes and revenues shall initiative first out of the House of Representatives.  From what I have heard from the radio there are tax and revenue provisions and the Senate has passed and sent a copy of their bill for the Mortgage Interest meltdown to the House of Representatives.  This is Unconstitutional and all members of the House should vote NO-NO-NO!!! on this bill. 

If they do not then this could be considered as a precedence for the Senate writing tax and revenue law in an emergency session because the House does not run fast enough.  It takes less effort for 100 to agree than a massive 400 + to agree.

Beware of the precedence.

Section 7. All bills for raising revenue shall originate in the House of Representatives; but the Senate may propose or concur with amendments as on other Bills.

Every bill which shall have passed the House of Representatives and the Senate, shall, before it become a law, be presented to the President of the United States; if he approve he shall sign it, but if not he shall return it, with his objections to that House in which it shall have originated, who shall enter the objections at large on their journal, and proceed to reconsider it. If after such reconsideration two thirds of that House shall agree to pass the bill, it shall be sent, together with the objections, to the other House, by which it shall likewise be reconsidered, and if approved by two thirds of that House, it shall become a law. But in all such cases the votes of both Houses shall be determined by yeas and nays, and the names of the persons voting for and against the bill shall be entered on the journal of each House respectively. If any bill shall not be returned by the President within ten days (Sundays excepted) after it shall have been presented to him, the same shall be a law, in like manner as if he had signed it, unless the Congress by their adjournment prevent its return, in which case it shall not be a law.

Every order, resolution, or vote to which the concurrence of the Senate and House of Representatives may be necessary (except on a question of adjournment) shall be presented to the President of the United States; and before the same shall take effect, shall be approved by him, or being disapproved by him, shall be repassed by two thirds of the Senate and House of Representatives, according to the rules and limitations prescribed in the case of a bill.


Financial Crisis II

October 1, 2008

When the Pilgrims landed at Plymouth Rock they set up a system whereby the strong and the weak shared equally in the bounty produced during the prior year.  After many deaths the next year the families which produced the most kept the most. 

Communism was tried in America.  It has been proven to fail.  This bailout plan is a direct repeat of the first year experiment at Plymouth Rock.  If a set-up from a free market system is set-up this will make America stronger and the individual stronger.  The strong produce and if they want to help the weak then that is up to the individual or private organizations which get contributions by the individual.  At Plymouth Rock the strong produced more and all collectively produced more.       

No bailout for the weak.  They really won’t die but actually they will become stronger and not weaker.

The free enterprise system worked at Plymouth Rock and the weak were stronger and produced a minimum for themselves.  The strong produced more than what they individually needed for their family.  Abundance succeeded from the free market system and abundance failed from the communistic system of sharing equally.


Thanks God!! A mortgage failure silver lining??

September 25, 2008
Thanks God!
What else are we supposed to do when the mortgage finance industry goes down. What else are we supposed to do when the New Orleans levies break. What else are we supposed to do when hurricanes smash our cities. What else are we supposed to do when Indonesia, etc gets smashed by a tsunami. What else.
Are we supposed to sit back and assume this is part of God’s taxing system.
When the IRS wants to get taxpayer’s attention they take bank accounts, garnish wages and generally cause mischief. Has God really been trying to get our attention. Or is there some other plan which is being dealt to us.
When the IRS does get our attention a plan of repayment is devised. The full payment over a series of months or years. The IRS does not want to take our possessions but merely to get our attention so the non-payment issue can be addressed and eventually satisfied.

The mortgage sub-prime situation is this different or about the same. I heard today that in some areas of California where a large population of illegal immigrants live that over 25% of the subprime paper involves illegal immigrant underpayment or foreclosure proceedings. One may consider this to be the problem but the other 75% is still there so the problem would still exist if the 25% illegal immigrant portion did not exist. So I will be discounting the 25% as not being the cause.  The illegal immigrants would have been encouraged and not discouraged in getting a mortgage.  The legislation is not the fault of the illegal immigrant but the shame, shame of the legislature and the mortgage industry.   Yes, part of the problem but not the cause.

There has to be some other portion of the macro economy which is the cause. Credit card interest rates, adjustable rate mortgages, no income verification, unethical mortgage lending practices, fraud, high interest rates in comparison to levels of income, credit scores, etc. Yes, all of the above.

One thing I see as a cause is the change in legislation two years ago. The bankruptcy laws were levied at individuals for payment of credit card debt for a 5 year period of time. In the meantime prior to bankruptcy credit card interest rates were increased substantially from a maybe normal 8 – 15% interest rate to a 29.9% interest rate if another credit card was missed. The missed payment could have been from a credit card in dispute or a mortgage which was a little bit late or from a credit card companies policy of processing incoming mail at a snails pace so late fees could be charged. Disputes from another credit card thus would not be allowed in this situation whereas prior to this legislation they could be disputed and non-payment would be allowed. Double jeopardy thus was allowed to the punishment of the consumer.

No, I would not say that God was responsible for creating the mortgage industry or credit card issuer meltdown. It is either as a result of unethical power brokers in business and the mortgage and credit card industry tied with the legislative greed of the Congressional Leaders and Senators of the elected official of the United States.

Should anyone have warned of this poor legislation. Keep your ears tuned to the news media for a completely biased report on what is and has happened during this Presidential Campaign Season. Corruption and politics was the payoff and now the results have come home to roost.

Although I am sure that God has noticed this meltdown the meltdown was not His objective. Getting rid of the corruption and the bickering in the Legislative branch and having the Godly solutions put back into place was the objective. Now the question is who will pay for the solution and what should the solution be.

My solution. The legislative branch of Congress has been talking about a $700 Billion dollar bailout. I hear the legislature saying they will buy out paper which is or has been defaulted on at a deep discount. But really this is not punitive to the unethical and unscruptulous finance industries. In fact I believe some of the financial portions of the finance industry may have bought fraudulent paper without their knowledge and thus would be innocent and financially burdened as well. I would take the credit card interest payments which are in reality part of the problem in the mortgage industry due to the bankruptcy law change legislation and force all of the credit card companies to replace the interest rate charge for up to six years back with a across the board six percent interest rate. Eliminate all of the penalties of any kind. The difference then would be used to reduce or eliminate the credit card bill which the credit card holders would have. Any excess would not go back to the consumer but would be used to eliminate other credit card payment amount from other issued credit cards. The reduction would be even if the consumer was unable to pay the credit card interest rate. But the credit card bill would only be allowed up the the zeroeing out of the credit card or mortgage interest owed.

There. My solution. Punishment of greed must be paid for. Caution in lending must be back in vogue. Unethical and fraudulent practices even if legal need to be punished and unscruptulous lenders eliminated from the financial industry.

So the silver lining might be that our differences are eliminated and the Congress can finally start to work together and not bash each other.  My legislation is better than your attitude has got to stop.  What is good for the citizens is why we have elected officials in the first place.  In 1776 everything suddenly came together when they prayed.  Maybe a stronger practice of prayer would be a good solution for this problem.  A little bit of a higher pay grade sometimes (always) is needed. 

My Financial Planning Viewpoint

Keith Ljunghammar

 
 
 
 

 


Financial Disaster

September 17, 2008

The current path to Financial Disaster seems to be imminent.  Today the Fed did not raise the interest rate.  This seems to be a repeat of what happened in the President Dwight D. Eisenhower era.  But the economy was stable during that time and President Eisenhower wanted stable interest rates so the Federal Interstate road system could be built at a reasonable cost. 

Normally interest rates are raised to either 1)  Stave off inflation or 2)  Create an incentive for foreign investors to bring foreign currencies into our markets in order to stimulate the economy.

If we have inflation – well our prices at the pump are going down because our economy or the strength of the dollar is a little bit better but we still need a lot of strength in our currency.  When I am talking with taxpayers they still have not seen a turn-around for them personally in the economy.  New jobs have not been created lately but jobs are on the decrease.  This is only from a recent vantage point however.  I am not seeing any signs of inflation as of the last two months. 

If I was a foreign investor would I put money into U.S. currency or into another foreign currency.  The dollar rate between foreign currencies and U.S. currency has been getting closer as of lately.  Some currencies have been remaining relatively stable between the U.S. and the foreign currency.   Canada has been having a wider spread.  If the dollar increases in value the Canadian currencies decreases in value.  Canada’s economy is extremely dependent upon wood, natural gas, and oil.  As the price of gas goes down the price of the Canadian dollar goes down against the U.S. $.

I believe in the economy everyone should be looking at solid industrialized currencies even if only an investment in a bank CD is the ultimate individual investors objectives.  As our world shrinks our needs to know what is happening must expand.  No longer can an investment or should I say a stashing place for cash have no due diligence basis.  Every aspect of the investment field is suspect to needing a knowledge base and a complete understanding of the integral variables in other types of mobile investment strategies.  This strategies of speculative, junk status, emerging markets, gold, other metal, commodities, derivatives, options, futures, real estate, land, tax liens, and etc. all are part of what the banks look at when determining what the CD rate will be.  Then again add the same mix put from every major country in the world and how their economies are moving.

With the recent disasters in the Mortgage, Investment Banking, Banking, and soon to be Life Insurance fields caution is all around us. 

If another bank fails I believe it will be purely from a bank run and not a balance sheet bailout problem. 

WAMU has a CD for 8 months @ 4.25%.  Is this a warning sign or is it a way to get fixed cash amounts into the bank.  Are they expecting their balance sheet to have problems for the next six months and then everything could be great after that.  Or do the banks need to publicize their income and profit reports monthly and the balance sheets monthly for assurances to the banking investor of the solid nature of a particular bank.  Then again I do see other banks offering something similiar to this also.  FDIC insured to $100,000 and FDIC insured to $250,000 is just fine but if insolvent I believe no interest is paid for about 6 to 9 months.  And if it is then it does or would take about six to nine months for the FDIC sytem to straighten the system out. 

I really do see this entire system being created by Senator Biden and his change to the credit card system.  After the bankruptcy change old credit cards which were not submitted to the bankruptcy system would have had a large default rate.  If you cannot pay your credit cards you will pay your mortgage first.  But the credit cards now are allowed to boost your interest rate up to a high of 29% and this is even if you have not missed a payment on your credit card.  The your ARM is coming due and you try to refinance and with all of the credit card debt and missed payments many homeowners are now going to pay an extra premium because of their credit cards.  A decrease in value of the credit cards and the new mortgage cannot absorb the credit card debt and then a larger interest rate is charge.  Can’t refinance and can’t sale a home.  This really does sound like stalemate from a chess players standpoint.  But this is not just a game. 

My solution would be to undo the credit card debt laws and eliminate the credit cards.  If a law creates chaos and the law was lobbied by an institution then the instituation must pay the price.  If a taxpayer cannot repay credit card debts and redo a mortgage then the credit card debt should be completely forgiven up to the point of the new re-assessed value of the house. 

The IRS has values and formulas for basic standards of living.  These formulas could be used as a backup in determining if a taxpayer is insolvent.  The bankruptcy courts also use a system to determine if someone is insolvent.  This could be used as well. 

The assumption when the house of purchased was that the homeowner would be able to pay the mortgage with everything being equal.  Whether the homeowner was under a 30% or a 35% or a 50% or higher income equation on the original mortgage then this could also be the criteria for determining the value of the amount which should be required to be paid.

Watch out for the falling economy even if you are only investing in CDs.

I thing before this is all done foreign governments will have to send money to U.S. credit card holders.  They probably would have to send this to credit card companies as gifts to pay off maybe $2000 in credit card debt to the creditors.  Above that the debtor would have to pay.  For instance, it may be in China’s best interest to get the U.S. economy going again by sending money to the U.S. so they can keep their people employed.  Just a thought and I doubt this will happen.

Maybe a mattress is the only sound investment these days.


Mr. McGinn’s Committee City of Seattle Goals

December 14, 2009

Our Cities Goals in reference to Mr. McGinn’s Committee Goal 
Requirements
 
1) How can we build the strongest team possible?
 
2) How can we build trust?
 
3) And what is our biggest challenge?
 
1) Every team will have a completely different composition. This is 
of no small notice. However, also the reason for the team will be 
completely different also. The eventual function of the team or should 
I say the responsibility or end will vary. This will determine what is 
or will be needed. The City Attorney Peter Holmes was on a team. Some 
of the outside members disdained his comments on the team or committee. 
However, after interviewing him for the electoral process he did have 
direction and focus. This was absolutely counter to what was being or 
perceived as to what should be addressed by those very people who set 
the committee up.
 
From a business and organization standpoint all organizations will 
start out conservative and grow to being liberal. This is just a 
constant when setting up organizations. I do see that a good rule is 
to get a great variety of personalities assembled on the various 
committees. Setting up a conservative on the committee will refocus the 
efforts of a committee back to its beginning days. By the definition 
of conservative this would include different aspects of being 
conservative. Both fiscally and mentally. A person who is focus and 
driven is another individual who should be on such a committee. This 
is to keep the committee focused on a task and a person who has the 
ability to outline what that focus should or should not be. This would 
be paramount to any type of organization as the committee will always 
have a desire to trail off to some other endeavor or alternative focus. 
The off course you always need to have that individual who has the 
capability to be able to communicate with those outside of the 
committee. Without this capability there will be no need for the 
committee. There will be no finalization of a task which could be 
shown to the outside the committee world. No communication will equal 
no finalization or reality of purpose for the committee. This person 
should be the spokesman for and know how and who to communicate the 
findings to. This person will also be able to refocus the committee 
for clarification when needed so communications of importance can be 
assembled, gathered, and discussed. Without this communication one 
should be able to go to the Woodland Park Zoo and be able to get the 
same information one could collect from the zoo animals. Nothing!! 
Finally there should be someone who has the capability to actually do 
any type of math or legal or accounting type of calculating. This will 
keep the committee on track and will help in the organizational 
characteristics which would be legally, and accounting wise needed. 
There are of course other as addressing to ones personality. One who 
is an introvert and calculating and the extrovert who talks about 
everything but the subject at hand. But at least get the above so a 
well-functioning committee can have some basis. Then finally the 
individuals who actually do have educational backgrounds for the 
subject matter at hand. Do not have on a committee someone who does 
not have children and require them to understand a matter concerning 
education for children. But do have someone on an education committee 
to counter the outspokenness of those who are passionate about children 
and could quickly get side-tracked from the fundamental goal of a 
committee.
 
2) At the present time the building of trust for the City of Seattle 
is completely lacking outside of the City of Seattle. Foolishness from 
the past in rural Eastern Washington has left a semblance of trust on 
the riverbed being flushed down the stream by those citizens. The City 
of Seattle does either adversely or inadvertently affect other citizens 
from the far reaches of the State. This should continuously be kept in 
mind.

 Communication and immediate communication of what is happening is the 
key to all lengthy building of any type of trust. This must be 
vigilantly pursued and in the past I believe it has not. Committees 
which report one thing and get feedback from the citizens and further 
communication is not received back do have a communication trust 
problem. Mr. McGinn you should recall at the Southeast Seattle and 
especially at the Central Seattle area when at the Seattle Vocational 
Institute forum the citizenry just wanted to be left alone. They did 
not want to be harassed by the government and only when they desired 
communication would this be O.K. Sometimes the healing process can be 
difficult and burdensome. This seems like this could be one of those 
times. To forge ahead with standard as usual should not be the norm of 
the course which needs to be taken. Regular and frequent communication 
in both directions should be the policy. Feedback from the citizenry 
is important. There are four legs to government and not three. By 
developing and enforcing that communication to and from the fourth leg 
trust can be developed and forged for a new tomorrow and a stronger 
tomorrow also.
 
3) The biggest challenge is each one of the challenges. In the past 
all committees were separate and no communication would be talking with 
another. The thesis of a new tomorrow will have to be developed with 
communication to Seattle citizens, and those who are outside of the 
normal spectrum of communication. I am referring to communication to 
the rest of the State as well. This would strengthen not only our 
tourism but if done properly would strengthen our communication with 
the legislature. The Tunnel is an example of non-consistent 
communication with the legislature and establishing the City as the 
preferential needs basis City of the State. With proper communication 
and openness perhaps by accomplishing our Cities goals our goals can 
also be accomplished.


The nine candled Menorah: Is it anti-semitic

December 14, 2009

 In Solomon’s Temple was a Seven Candled Menorah. (1) Why is this one not being used today. Every household I look at seems to have a menorah of nine candles. (2) Yet, in Exodus 25:37 the actual construction is to depict seven candles. Nowhere is there any indication that nine candles are supposed to be on the Menorah. But in Zechariah 4:14 there is an indication of two anointed men standing beside the Lord of the whole earth. (3) In another context the phrase: “Not by might, nor by power, but by My spirit.” is used. This is in Zechariah 4: 6.(4). However these two extra items are olive branches and are not part of the Menorah Candle. What was in the temple stays in the temple according to some rabbis interpretations. (5) But I have a different interpretation of the meaning of the seven candlesticks of the Menorah. God always has a specific reason for including a specific number. The dynamics of a specific amount of gold which would include a talent of gold only is very specific. (6) The objective of light is to give off light. The amount of light to be given off also would have very specific in God’s mind. There originally were 10 Menorah’s and I am sure each one was placed in specific parts of Solomon’s Temple to help out with the lighting of an area. If you were to have nine candles instead of seven candles as per the instructions this would be stretching the gold by 9/7th or .77777 of the original or 1.2857 of the revised. I am not an electrician but I do know that a 100 watt bulb lights up an area completely different from a 75 watt light bulb would. The specific size of Noah’s Ark (7) of 450 feet long by 75 feet wide and 45 feet was extremely important. (A cubit was the length of a man’s arm from fingertips to elbow.) (About 18 inches for a cubit.) From my recollection the exact drafting of this size of boat would be the optimum in a flotation device. The cycle of the waves which flow over the earth and at a seemingly random occurrence with respect to the dimensions of Noah’s Ark would prevent the boat from capsizing or rolling in the extremes. Theoretically all boats should be of the size which Noah built but then again all construction is different. My conclusion is that all mathematical and physics tools which God created were developed for the correct ballast of Noah’s ship. If God can design a boat then what would prevent God from constructing the perfect candle. All that do not believe this should instead go back to the drawing board. If looking at specific dimensions then why also did God demand Gold to be used. Looking at burning point for candle flames this can be easily seen. When “on average, On average, the maximum flame temperature will be about 2550 deg F. (8) Looking at this then a temperature as close as possible to 2550 or above would be ideal. The metals which are above this temperature are: Chromium (3380), Cobalt (2723), Inconel (2540-2600), Incoloy (2540-2600), Iridium (4440), Iron (2797), Molybdenum (4750), Nickel (2647), Niobium (Columbium) (4473), Rhodium (3569), Silicon (2572), Carbon Steel (2600-2800), Stainless Steel (2750), Tantalum (5400), Thorium (3180), Titanium (3040), Tungsten (6150), and Vanadium (3450). Most of these names I do not even recognize. These metals would not have been around until Roman times as well. But more malleable common metals which were around would be: Brass (1710), Copper (1983), Gold (1945) and Silver (1760). From the list here you can plainly see that Gold would not only be the only clear choice even if copper is 38 Fahrenheit degrees higher for its melting stage but of a superior continual quality. Brass, copper and Silver would have to be continually polished. But where was the technology for polishing these metals except for elbow grease and plenty of it also per candle. The difference in the maintenance and the requirement of continual polishing was shall we say a “no-brainer”. Besides that it looks pretty. The Egyptians demanded that the Israelites leave with all the gold, silver, and raiment which they could carry so that God’s punishments would leave them.” … they asked of the Egyptians vessels of silver and gold, and very much raiment. … and they stripped the Egyptians.” (10) So with both silver and gold the higher melting point being gold then obvious conclusion would be to use the gold (1945) and not the silver (1760). Let’s skip forward a few years. Going forward to 1604 until 1611 when King James I of England had the Holy Bible translated for the Church of England with 47 scholars. (11) “In January 1604, King James I of England convened the Hampton Court Conference where a new English version was conceived in response to the perceived problems of the earlier translations .” (11) But what really happened after the Church of England had hired Jesuits. All of the scholars or interpreters were killed by the Jesuits. Also the Jesuits had purposely misinterpreted passages. Thus the punishment of King James I descendents have not been on the throne of England since that time. King James I of England was of the House of Pharoah King David and the House of York and the House of Stuart. The House of Stuart is more commonly referred to as the White Rose and the current Queen of England of the House of Windsor is referred to as the Red Rose. If God’s wrath continues for 400 years then how are the people of Israel going to continue with misrepresenting the Menorah every year with nine candlesticks and not seven. A member of the House of David believes today that the nine on the Menorah (12) symbolizes Satan. The number nine specifically refers to Satan. This is for the nine members of the One World Government which also met and concluded on Friday, December 11, 2009. The symbolism is too striking for reverence to the Nine Candled Menorah. She was asked since this was referencing the number nine and the take over of the World away from God could this in-fact be construed as Idol worship which is specifically prohibited by God’s word. ‘You shall have no other gods before Me.’ Exodus 20:3 (13) Let us take this from another perspective to show that the nine candled Menorah is a symbolism of earthly or Satanic power and persuasion. The seven candled Menorah is lite from left to right as it should be. There is definite symbolism here and the persuasiveness of the symbolism may be the only reason why the nine candled Menorah should be destroyed in every household. The nine candled Menorah is lit from right to left. Why the difference. Does anyone know. Again, the answer was verse from Pat Shupe of the House of David. The seven candled Menorah is the symbolism also of the Israelites leaving Egypt and crossing over the Dead Sea out of Egyptian territory and lands and into the desert. When you travel from Egypt you are traveling from West to East. And this is the reason why the candles are lit from left to right. Then in the same context if you are lighting the candles on the nine candled Menorah from right to left you are thus saying to God that you do not want His comfort and joy but rather you want to return to the bondage which you just came from and go back to Egypt. Egypt was known for the ungodliness and sin. Is this really what Israelites of today want to show. Do they want to show that they are willing to go back up to Egypt and become a people of sin and ungodly worship. I do not think so. But if they are separated then they should exterminate the nine candled Menorah and smash it and destroy the object of ungodliness and yes, the object of anti-semanticism. One last testament to the actions of God if things are not carried on as He wishes. Genesis 17:14 “Any uncircumcised male, who has not been circumcised in the flesh, will be cut off from his people; he has broken my covenant.” When Moses was commanded to lead his people outside of Egypt by God then God strikes him with an illness as if unto death. The illness goes away after his son is circumcised. Definite words of promise and definite words of separation. Let’s conform to the original Solomon’s Temple candle pattern and stop showing off Satan as the victor. Talked with the Dali Lama’s nephew last night and he stated that he loves God. He has said he has not seen any degree of love from the people of Seattle. Everyone is only caring about themselves and they have no care or love for even people who they know. Perhaps he is right I keep asking myself. Worship God as God wants to be worshipped. Do not create feelings for objects which have no meaning to God. Otherwise if you do is this not idol worship. Is the person asking the questions, the Dali Lama’s nephew more in-tune with God’s wishes than the Jewish people. Should then if this is the case the next Solomon’s Temple be constructed in Nepal. The Treasures of Solomon need to be reassembled and Solomon’s Temple needs to be rebuilt. Where is God to rest if His House is not build. 

Sources: 

1) Exodus 25: 37 

37 And thou shalt make the lamps thereof, seven; and they shall light the lamps thereof, to give light over against it. 

2) http://www.jewishvirtuallibrary.org/jsource/Judaism/menorah.html 

The nine-branched menorah used on Chanukah is commonly patterned after this menorah, because Chanukah commemorates the miracle that a day’s worth of oil for this menorah lasted eight days. 

3) Zechariah 4:10-14 

10 For who hath despised the day of small things? even they shall see with joy the plummet in the hand of Zerubbabel, even these seven, which are the eyes of HaShem, that run to and fro through the whole earth.’ 

11 Then answered I, and said unto him: ‘What are these two olive-trees upon the right side of the candlestick and upon the left side thereof?’ 

12 And I answered the second time, and said unto him: ‘What are these two olive branches, which are beside the two golden spouts, that empty the golden oil out of themselves?’ 

13 And he answered me and said: ‘Knowest thou not what these are?’ And I said: ‘No, my lord.’ 

14 Then said he: ‘These are the two anointed ones, that stand by the L-rd of the whole earth.’ 

4) Zechariah 4: 6 …”Not by might, nor by power, but by My spirit.” 

4 And I answered and spoke to the angel that spoke with me, saying: ‘What are these, my lord?’ 

5 Then the angel that spoke with me answered and said unto me: ‘Knowest thou not what these are?’ And I said: ‘No, my lord.’ 

6 Then he answered and spoke unto me, saying: ‘This is the word of HaShem unto Zerubbabel, saying: Not by might, nor by power, but by My spirit, saith HaShem of hosts. 

5) The menorah in the First and Second Temples had seven branches. After the Temples were destroyed, a tradition developed not to duplicate anything from the Temple and therefore menorah’s no longer had seven branches. 

http://www.jewishvirtuallibrary.org/jsource/Judaism/menorah.html 

6) Exodus 25: 39. Of a talent of pure gold shall it be made, with all these vessels. 

7) Genesis 6:15 in the Bible tells us the Ark’s dimensions were at least 135 meters long (300 cubits), 22.5 meters wide (50 cubits), and 13.5 meters high (30 cubits). That’s 450 feet long, 75 feet wide, and 45 feet high! It could have been larger, because several larger-sized cubits were used. But the 45-centimeter (18-inch) cubit is long enough to show the enormous size of the Ark. 

(A cubit was the length of a man’s arm from fingertips to elbow.) 

http://www.creationtips.com/arksize.html. 

8) http://www.candlecauldron.com/burningquestion.html 

Q – What is the temperature of a candle flame? A – The exact temperature of a candle flames depends on the material being consumed (burned). First, it is important to understand that a candle does NOT burn the wick (the string). It is the wax that acts as the fuel for the candle flame. The heat of the flame melts the wax, transforming the solid wax into a liquid, which then travels up the wick. (This process is known as capillary action.) Eventually the liquid wax is turned into a gas (like steam from a boiling kettle on the stove) and is consumed by the flame. Different waxes will have different flame temperatures. On average, the maximum flame temperature will be about 2550 deg F. (Remember that water boils at 212 deg F.) 

9) Various Metals melting temperatures. http://www.engineeringtoolbox.com/melting-temperature-metals-d_860.html 

10) Exodus 12:35. And the children of Israel did as Moses had commanded: and they asked of the Egyptians vessels of silver and gold, and very much raiment. 

12:36. And the Lord gave favour to the people in the sight of the Egyptians, so that they lent unto them: and they stripped the Egyptians. 

11) The Authorized King James Version is an English translation of the Christian Bible begun in 1604 and completed in 1611 by the Church of England.[3 http://en.wikipedia.org/wiki/Authorized_King_James_Version 

12) “All Day Live” televised show on December 18th, 2009 @ 10 p.m.by Pat Shupe, House of Pharao King David, House of Stuart, House of York. 

13) ‘You shall have no other gods before Me.‘ Exodus 20:3 

14) 14 Any uncircumcised male, who has not been circumcised in the flesh, will be cut off from his people; he has broken my covenant.” Genesis 17:10-14 (New International Version)http://www.biblegateway.com/passage/?search=%20Genesis%2017:10-14&version=NIV;


Mayor McGinn’s Elect Committee Goal Requirements

November 20, 2009

Our Cities Goals in reference to Mr. McGinn’s Committee Goal Requirements

  • How do we build the strongest possible team to achieve the policy objectives and values set forth by the campaign (grass roots community involvement, transparency and neighborhood focus)?
  • How do we build public trust in the new administration?
  • What do you view as the incoming administration and the city’s greatest challenge — what should the new administration do first out of the gate?
  • 1)  Every team will have a completely different composition. This is of no small notice. However, also the reason for the team will be completely different also. The eventual function of the team or should I say the responsibility or end will vary. This will determine what is or will be needed. The City Attorney Peter Holmes was on a team. Some of the outside members disdained his comments on the team or committee. However, after interviewing him for the electoral process he did have direction and focus. This was absolutely counter to what was being or perceived as to what should be addressed by those very people who set the committee up. From a business and organization standpoint all organizations will start out conservative and grow to being liberal. This is just a constant when setting up organizations. I do see that a good rule is to get a great variety of personalities assembled on the various commities. Setting up a conservative on the committee will refocus the efforts of a committee back to its beginning days. By the definition of conservative this would include different aspects of being conservative. Both fiscally and mentally. A person who is focus and driven is another individual who should be on such a committee. This is to keep the committee focused on a task and a person who has the ability to outline what that focus should or should not be. This would be paramount to any type of organization as the committee will always have a desire to trail off to some other endeavor or alternative focus. The off course you always need to have that individual who has the capability to be able to communicate with those outside of the committee. Without this capability there will be no need for the committee. There will be no finalization of a task which could be shown to the outside the committee world. No communication will equal no finalization or reality of purpose for the committee. This person should be the spokesman for and know how and who to communicate the findings to. This person will also be able to refocus the committee for clarification when needed so communications of importance can be assembled, gathered, and discussed. Without this communication one should be able to go to the Woodland Park Zoo and be able to get the same information one could collect from the zoo animals. Nothing!! Finally there should be someone who has the capability to actually do any type of math or legal or accounting type of calculating. This will keep the committee on track and will help in the organizational characteristics which would be legally, and accounting wise needed. There are of course other as addressing to ones personality. One who is an introvert and calculating and the extrovert who talks about everything but the subject at hand. But at least get the above so a well functioning committee can have some basis. Then finally the individuals who actually do have educational backgrounds for the subject matter at hand. Do not have on a committee someone who does not have children and require them to understand a matter concerning education for children. But do have someone on an education committee to counter the outspokenness of those who are passionate about children and could quickly get side-tracked from teh fundamental goal of a committee.

    2) At the present time the building of trust for the City of Seattle is completely lacking outside of the City of Seattle. Foolishness from the past in rural Eastern Washington has left an semblance of trust on the riverbed being flushed down the stream by those citizens. The City of Seattle does either adversely or inadvertently affect other citizens from the far reaches of the State. This should continuously be kept in mind. Communication and immediate communication of what is happening is the key to all lengthy building of any type of trust. This must be vigilantly pursued and in the past I believe it has not. Committees which report one thing and get feedback from the citizens and further communication is not received back do have a communication trust problem. Mr. McGinn you should recall at the Southeast Seattle and especially at the Central Seattle area when at the Seattle Vocational Institute forum the citizenry just wanted to be left alone. They did not want to be harassed by the government and only when they desired communication would this be O.K. Sometimes the healing process can be difficult and burdensome. This seems like this could be one of those times. To forge ahead with standard as usual should not be the norm of the course which needs to be taken. Regular and frequent communication in both directions should be the policy. Feedback from the citizenry is important. There are four legs to government and not three. By developing and enforceing that communication to and from the fourth leg trust can be developed and forged for a new tomorrow and a stronger tomorrow also.

    3) The biggest challenge is each one of the challenges. In the past all committees were separate and no communication would be talking with another. The thesis of a new tomorrow will have to be developed with communication to Seattle citizens, and those who are outside of the normal spectrum of communication. I am referring to communication to the rest of the State as well. This would strengthen not only our tourism but if done properly would strengthen our communication with the legislature. The Tunnel is an example of non-consistent communication with the legislature and establishing the City as the preferential needs basis City of the State. With proper communication and openness perhaps by accomplishing our Cities goals our goals can also be accomplished.

    Let’s get our goals looked and have betterment for our City.

    Source of transitional questions:  http://new.seattle.gov/input/


    Assessors Office cuts in Budget need to include Capital Improvements for Stronger Efficiencies

    November 19, 2009

    If the Assessors Office needs to cut expenses this is how I would cut the expenses.

    The predicament which the King County Assessors Office is currently facing is the Assessor is a new assessor and coming into the Office.  Skills from other areas will be carried forward but to have to cut a budget prior to taking office is a new one.  Traditionally is the Chief Operating Position or CEO position a new executive does get the privilege of looking at products, personnel, marketing, finances, etc. for a two or three month period of time.  During this time assessments and what needs to be done are assembled.  Then after that period of time, personnel, marketing or product mix have been evaluated and cuts are made.  The axe falls quickly and swiftly but there is a time whereby a true assessment of the company mix can be accumalated and formulated for a more refined mix of all types of company assets. 

    Mr. Lloyd Hara is not being given this luxury so what I sat down and did was formulated some of my own thought which I believe Mr. Hara may want to consider but these would only be somethings which may want to be considered.  In no way would I require these to be mandatory but rather only suggestions.  I always have health that ideas can amount to about twenty or so and then maybe one, two, or three of those ideas may be actually sound enough to be considered.  Again, I have not seen the books of what needs to be done nor have I had a tour of the operations nor have I even had an education course on the art science of appraising.  I have taken a real estate class and a mortgage processing class however.  These are completely and utterly different from the process of assessment however.

    I do wish Mr. Lloyd Hara his best efforts in being able to cut his budget and wish his best efforts in its refinement.  I do not in the remotest know his efforts will be painless.  Without being able to know what was at stake how can one know what can be eliminated.  Again, I would however, try to see if production standards can be increased by capital improvements.  Capital improvements do cost money but cuts in manpower are the greatest saver of expenses and the replacement of manpower can be and easily be replaced by equipment which makes the personnel more productive.  An easier process through the use of equipment is also the road to a happier workplace. 

    Here are some of my ideas on what could possibly be considered to reduce or replace man-hours in the King County Assessors Office.           

       1)  If the people walk from one location to another then time could be reduced if the distance of time is reduced from one location to the next. 

    a)  You may need to get those same travel machines which the parking enforcement has.

      b)  Or you could get completely electric vehicles so no fuel is being used whatsoever.  The engines would not be being idle all day long.  Found this at the car show this last weekend.  The greening of America should be coming out of the county budget as an extra.  If man-hours can be diminished via this method then the task could take less time.  I would experiment with one vehicle or two and then see if the appraisers get more done or how much less the cost of maintenance is.  That has to be one of your largest expenses also is the cost of fuel.
     
    MC Electric Vehicles
    Ty Rice
    1200 South Dearborn Street
    Seattle, WA 98144
     
    I told a CEO and Chairman of the 1400 largest U.S.A. company that different companies have different equipment due to the size of the operations.  A smaller company will be people intensive and rely upon machinery which is less costly but more people intensive.  This is because capital is more scarce for the smaller business.  This way the small company would be able to compete with the larger company which has to rely upon larger more costly equipment.  The capital intensity give more profit but the working man hours are less and thus the workers are more productive.
     
    2)  The other way would be to find out if instead of an assessment once every six years is if the assessment can be made once every seven or eight years.  I would assume this is being set by statute at the present time.  Petition the legislature next year for this change.  Or ask the King County Council to do this.  This is spreading the budget by reducing the work load. 
     
    3)  If you are being charged for work space in a downtown building can you lease or get another office throughout King County where the appraisers could be stationed.  Perhaps if appraisals are happening in say the south end of the County get a one year lease and offices and equipment would be located in a temporary one year office.  Citizens could or should also be able to get hearings in that office space as well.  This would be centrally located for the benefit of the appraisers and centrally located for citizens until that areas appraisals are completed.  Another location for one or two years could be lease in another area.  I also know that Mastro Properties has some vacant property which could be leased and probably for a great price.  I have Mr. Mastro’s personal number in my car or could get this quickly if needed.
     
    4)  The other way to do this is lease properties in different parts of the county.  A separation or smaller area each year would be appraised.  Thus you could have four different smaller areas.  This and hte above would reduce on the commuting of appraisers and they would have a better more defined area which they would be working from.  I mean you could even sub-divide this down to where two or three appraisers work out of an office and then the office is closed and moved.  I would not think that the paperwork would have to be submitted but once a week to the downtown office.  Someone could either pick this up as a courier or the appraisers could hand deliver the paperwork to someone downtown.  Or you could have a downtown processing center for this object.     
     
    END


    H.R. 3548 “Worker, Homeownership, and Business Assistance Act of 2009” Potential Problems with the Act

    November 17, 2009

    H.R. 3548 “Worker, Homeownership, and Business Assistance Act of 2009”

    The “The Worker, Homeownership, and Business Assistance Act of 2009” has some strong economic pluses and some possible technical errors built into the Act. The Act as the title suggests will cover Unemployment Extension, Homeownership stimulation, Additional Military extensions for Homeownership Purchases, changes to the 5-year Carryback of Operating Losses, delay in worldwide allocation of interest, Penalties on S Corp for non-timely filing, Paid Preparers e-filing requirement, FUTA surtax, and increasing estimated payments amounts for Corporations.

    Dramatic potential changes to the tax code are from section 13. 5-Year Carryback of Operating Losses.

    Section 13(e)(4)(B) any application under section 641(a) of such Code with respect to such loss shall be treated as timely filed if filed before such due date.

    The wording “filed before such due date” seems potentially to be awkward. If the requirement is to have this be filed before the due date then in reality the due date would be the day before the due date of the required filing. This wording should rather be stating “filed on or before such due date”. Yes the due date is in reality a specific minute of time which would be minute of the day of but I would have to read this like it actually reads and seeing the date and the work before would require a filing of the previous date so the return could be timely.

    Another section which is questionable is in Section 17. Certain tax return preparers required to file returns electronically.

    Section 17 (a)(3)(A). In general.- The Secretary shall require than any individual income tax return prepared by a tax return preparer be filed on magnetic media if-

    Here in the above section you probably read the sentence and thought that I misspelled the word “than” which is not the case. This when reading the sentence looks like the word should read; “that” of which I have brought up to the attention of Congressman Reichert’s office and they did fax this also to Congressman McDermott’s office.

    The above seem to be policy changes or grammatical changes. Another change which I see but I am questioning is the bill is silent as to the number of inclusions in a Purchase and Sale Agreement of Potential Properties which could be purchased. With Section 1031 exchanges the maximum number of properties which can be traded to is three. With 45 days to designate and three properties maximum in the Purchase and Sale Agreement to other properties and 180 days to close the Purchase this does make sense for a 1031 exchange policy. With business or investment property the utility value is in the tax-deferred exchange to other like-kind properties and the functionality of the property nor the utility value of the property may not be the end purpose. If trading a rental house for an apartment this makes sense. But trading from a rental house to a strip of farming land may not make sense except in the case of potentially missing the 1031 exchange dates. A farmer could constructive continue farming which another 1031 exchange for the property is completed. But to meet the deadline and the three year requirement a strict move from one property to another is mandatory. Where I really see the bill exploding on individuals is in the arena of being locked in to a specific property without the luxury of default on terms. Default on terms can come from the seller and the buyers side, real property line disputes, assessments, fires, casualty damages, earthquakes, real estate agent/broker disputes, permit delinquencies both present and past, non-timely completion of current construction new home developments and occupancy permits, mortgage bankers turn-downs, inspection refusals, and the list goes on and on. The bill does not leave the taxpayer an out based upon the “May 1, 2011” signing of the Purchase and Sale Agreement. This is further complicated by the closing due date of by “July 1, 2011”.

     

    I can see from both of these due dates real estate brokers and agents will be required to sign two, three, four or five different Purchase and Sale Agreements with option to drop out by the Purchasers near the end of the dates in the Act. Will this treatment artificially inflate prices on the real estate market. I would say it definitely will and then after the due date the prices will drop. This is indeed a dangerous macro-economic phenomenon to put a country in and the mechanism for correcting this situation needs to be updated before any potential catastrophes’ happen due to this “Act”.

    Frustration on the part of the taxpayer or at least who is self filing may come when mathematical errors are assessed for not providing the additional forms which are also being required with the current new “Act”. See Section 12. Provisions to enhance the Administration of the First-Time Homebuyer Tax Credit.

    Section 12(d) (i-iii). Particularly focusing on (iii) the taxpayer fails to attach to the return the form described in section 36(d)(4). This should be the HUD document or similar document for indication of a real estate closing. A delay in supplying this document will further frustrate the taxpayer and potentially cause undue hardship on RAL (Refund Anticipation Loan) providers who could potentially be waiting too long for their reimbursements. This could also cause a restriction in the advance refund check from RAL Bank providers by their non-inclusion of refunds or discounting of the refund portion based upon the First-time Homebuyers Credit credit amount.

    Other provisions of the Act may be noticed by others but these are the critical differences which I am seeing at the present time. Both taxpayers and tax preparers and software development preparers should try to address these issues while researching, talking about or programming for this next tax year.

    END

     

     

     


    Obama has cancer and will rest around Christmas

    November 17, 2009

    President Obama has cancer.  This story was broken by SCAN TV on All Day Live over three weeks ago by Dr. Mount.  The Globe newspaper just printed the news today.

    Obama’s addition to cigarettes is finally taking affect on his body.  He has:

    1)  Cancer in the bottom of his lungs and it is migrating.

    2)  The cause is from a chemical irritation of the tar from cigarette smoking.  The chemical irritation will require Kemo Therapy and about eight weeks at this time.

    3)  Presidebt Obama does not eat well and need to modify his diet significantly.

    4)  The President is nutrient deficient. 

    Also, President Obama will or should be taking a vacation around one week prior to Christmas.

    The above was transposed from a conversation with Dr. Mount.

    The question is will Vice President Biden now beccome the acting President during these particular times of difficulty for the President.


    HR 3548 more than a Tax Credit of $6500.

    November 15, 2009

    HR 3548 more than a Tax Credit of $6500.

    New home owners still have the chance to get that little pot of gold out there from Ucle Sam. The $8000 first-time home buyers credit will be extended until on or before June 30, 2010 with a Purchase and Sale Agreement in hand by April 30, 2010. You lucky dogs which can take advantage of this. However, if your home closes after November 30, 2009 do not expect to get a tax credit amended on your 2008 income tax return. You like everyone else will now have to wait until your 2009 income tax return is filed.

    This might be good for taxpayers who in 2008 may not have qualified for the credit and been disappointed and not purchased a home. But the annual income limits have risen to $125,000 for individuals and for joint filers the amount has gone up to $225,000 for qualifying for the full credit. But another twist in your favor if you have a slightly higher income level is that the qualifying levels phase out completely at the individual in the $145,000 level and a couple the phase out level is at the $245,000 level.

    So if you are above those levels individually but have a sweetheart get the matrymonial ceremony in place by the end of the year. Then again, maybe it might be better not to. Maybe the split level where one would qualify slightly and the other one would not qualify or maybe would qualify completely. You will have to do the math on this one. Or email me and maybe I could figure it out for you.

    A one year extension for the military if you as a member of the Armed Services have served outside of the United state for a minimum of 90 days during the January 1, 2009 to May 1, 2010 period.

    Include your HUD statement with your Form 1040 or 1040X amended return.

    Sorry but you know must be 18 years of age to get this gig.

    That second home or vacation home does not count. This must be your primary residence.

    First time homebuyers may be eligible for an $8,000 refundable tax credit and other homebuyers who have lived in their current residence for five of the last eight years may qualify for a $6,500 refundable tax credit.

    For other restrictions see H.R. 3548 The Worker, Hoemownership and Business Assistance Act of 2009.

    *********

    This new residence for former home owners credit may help in you getting what you need and what the economy needs far more than the first-time home ownership credit did.

    Prior homeownership usually means you are stable and might have some cash to throw around. Need new drapes. No problem. New rug. No Problem. Check book has the money from the old house. etc. etc. What is really happening here is the government is trying to have you loosen your checking account to stimulate the economy and notably for the benefit of the construction and durable goods industry.

    But I would like you to completely fool the IRS. Do buy improvements for your home but make sure they pass the energy star test. Keep in mind you have a limitation of $500 for some of the home improvements and a $1500 limitation on others. Higher limits for specialized solar power should be looked at. But do not dispare the limitations are annual and you can do another project in the next year for another $500 etc. You really should consult your accountant or tax advisor for more specific information on these improvements since they are as I call them “simplistically complex”. The energy star information for your stoves and refrigerators is given to the manufacturer but a credit is given for your heater if replaced and an energy star. The lowest cost is also the best. A tedious task of caulking around the siding gives immense returns. If affording new drapes is out of the question at least buy a caulking gun and “drape” your house to shut the heat from escaping and the heat from coming inside. Loosen up your house once in awhile by opening the doors though for circulation. You can get a tax credit besides for the cost of caulk. Your labor does not count.

    The actual next best way would be to invest in some solar panels or some type of wind power. Check with your local taxing district and other authorities first. You may have to get a permit before installation or construction. Also check with your local utility. You may have to get a check from them for producing electricity for them. There are specific requirements which all utilities have and not following them would mean you may be missing out on your rebate check. For instance, you may have to buy a meter to help in determining how much is going back out onto the grid. Some utility companies may have different rates for different hours of the day and you will definitely want to take advantage of these as well. Do not forget to consider your state income tax as an additional credit source. All states vary on this issue. From none for most of the states without a state income tax for substantial amounts. Depending upon your income you may need to know if the credit is available for you as a refundable or is it a non-refundable credit. Also, if you are temporarily in a state or seasonally will you get the credit. All of these considerations are important. What you should not do is guess that you need this done and assume you will get a credit. It is a function of responsibility on your part to assess all aspects of the taxes concerning improvements and solar with your tax advisor before any purchases are made. It is really a “simplistically complex” credit.

    END