Tag Archives: Government

Nancy Pelosi Opines About Real Estate Closing Costs On Long Island…Affordable! (Video)

New

Update December 7, 2016: The new fee discussed below has been passed by the Suffolk County legislature per the County website… $300.00 per document   MORTGAGE VERIFICATION FEE effective January 1, 2017 In this short video clip Nancy Pelosi opines about the proposed increase in certain real estate fees and the implementation of some wholly new ones by […]

Are Governments Raising Revenue Through Regressive Taxes Disguised As Fees?

government getting fat on the backs of taxpayers

Question: How do government entities, whether federal, state, county or local, raise revenues in ways other than by increasing taxes? Answer: By increasing fees or creating entire new classes of fees. A perfect example of this from the recent past would be the tax map verification letter fee imposed by Nassau County back in early 2015 that was then tripled only months […]

Obamacare: Two Maps Depicting The Impending Decline Of Choice And Inevitable Increase In Price

For any business owner and/or American concerned with the affordability and availability of quality healthcare, the two maps in this article should be very concerning! On August 16 I had written an article titled, ‘Commentary: Politicians And Empty Promises!‘, that focused on the political process and the empty rhetoric that politicians from both party’s spew pandering for votes. […]

FinCEN Disclosures (Geographic Targeting Orders) For Cash Real Estate Transactions Expanded!

unintended consequences

  August 12th Hallmark Abstract Service examined the unintended consequences that resulted from the government edict intended to address one issue while impacting another one! The article titled ‘New York City Real Estate, Government Edicts And The Inevitable Unintended Consequences!‘ looked at the result from the requirement for title insurance company’s to disclose the actual […]

New York City Real Estate, Government Edicts And The Inevitable Unintended Consequences!

unintended consequences

Most if not all of us have heard the phrase that ‘the road to hell is paved with good intentions’! Given that, is it also a sad truth that many government policies once implemented, have unintended consequences the majority of which seem to be more painful than helpful for the masses? For the sake of this argument and […]

Real Estate: Going Up Or Going Down?

Summary: In the game of musical chairs no one wants to be the last one standing when the music stops! That said, at what point of the song is this real estate cycle at? Billy Joel: ‘Cause the good ole days weren’t always good and tomorrow ain’t as bad as it seems!’ In the early […]

Memorial Day: Remembering American Military Veterans Who Died Protecting Our Country!

Memorial Day 2016

This Monday, May 30 many Americans will be enjoying an extra day off to celebrate Memorial Day 2016! When Americans think about the upcoming ‘Memorial Day Weekend‘ what may come to mind are backyard barbecues with family and friends, going to the beach, camping in the mountains or maybe the great sales that will be taking place […]

Government and Fiscal Irresponsibility

Town of Oyster Bay bond rating

Summary: Note to government: Eventually you runout of other peoples money to spend and when the piper needs to be paid the pockets will be empty! And the burden on business and investors of all types to make-up the deficit can quickly become unsustainable! ‘Long Island’s Town Of Oyster Bay An Example Of What Happens When […]

Unintended Consequences Of A $15 Per Hour Minimum Wage!

minimum wage hike

A government mandated jump in the minimum wage to $15 per hour sounds like a boon for low-wage workers! But the reality is that it’s likely there will be unintended negative consequences resulting from a government-mandated regulation that imposes a dramatic increase to the cost structure of businesses. First, consider that the politicians who impose […]

In Business, Are The Inmates About To Run The Asylum?

For the Baby Boomers in the crowd who are between 51 and 70-years old, remember your first job? Mine was working for a caterer when I was 12 or 13-years old where I would arrive at their cooking facility at around 7AM to load the truck with food, plates, table clothes etc. We would then drive to […]