Isle housing bottom seen - Business

Full story: Honolulu Star-Bulletin

The worst could be over for Oahu's slumping housing market even though slower conditions are expected to persist until there is better economic news in the state.
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51,461 - 51,480 of 61,889 Comments Last updated 1 hr ago

Since: May 11

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#53020
Nov 27, 2012
 
Guru, picked up the car yesterday. Doesn't ride rough at all. Lots of bells and whistles have come out since I last bought as new car 13 years ago. Only my computer-geek wife has driven it. LOL, I don't think I am new-age enough to figure out hot to even start it! There is no key. She should enjoy this one, I know my teenagers love it.
Valley Girl

Los Angeles, CA

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#53021
Nov 27, 2012
 

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Guru wrote:
<quoted text>
...what part of the valley are you in young lady?
Oaks, near the San Diego Fwy. Really a very nice place. It would be perfect if not for the traffic. Came here when I was about 8 years old. Hapa Hawaiian with green eyes from Makiki. Going to UCLA.
Mike Littoris

Waianae, HI

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#53022
Nov 27, 2012
 
http://www.businessweek.com/ap/2012-11-27/two...

Not sure why the kid is upset. It is a wholesome family situation - an uncle, his nephew, and his nephew's father, sharing a home.

Guru

Canyon Country, CA

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#53023
Nov 28, 2012
 
Guru

Canyon Country, CA

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#53024
Nov 28, 2012
 
Pau

Since: Jan 11

Honolulu, HI

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#53025
Nov 29, 2012
 

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Donald Rumsfeld was Secretary of Defense between 2001 and 2006 under President Bush:

June 14, 2002, U.S. consulate in Karachi, Pakistan
Suicide bomber kills 12 and injures 51.

February 20, 2003, international diplomatic compound in Riyadh, Saudi Arabia
Truck bomb kills 17.

February 28, 2003, U.S. consulate in Karachi, Pakistan
Gunmen on motorcycles killed two consulate guards.

July 30, 2004, U.S. embassy in Taskkent, Uzbekistan
Suicide bomber kills two.

December 6, 2004, U.S. consulate in Jeddah, Saudi Arabia
Militants stormed and occupied perimeter wall. Five killed, 10 wounded.

March 2, 2006, U.S. consulate in Karachi, Pakistan
Suicide car bomber killed four, including a U.S. diplomate directly targeted by the assailants.

September 12, 2006, U.S. embassy in Damascus, Syria
Gunmen attacked embassy with grenades, automatic weapons, and a car bomb (though second truck bomb failed to detonate). One killed and 13 wounded.

January 12, 2007, U.S. embassy in Athens, Greece
A rocket-propelled grenade was fired at the embassy building. No one was injured.

July 9, 2008, U.S. consulate in Istanbul, Turkey
Armed men attacked consulate with pistols and shotguns. Three policemen killed.

March 18, 2008, U.S. embassy in Sana'a, Yemen
Mortar attack misses embassy, hits nearby girls' school instead.

September 17, 2008, U.S. embassy in Sana'a, Yemen
Militants dressed as policemen attacked the embassy with RPGs, rifles, grenades and car bombs. Six Yemeni soldiers and seven civilians were killed. Sixteen more were injured.

Twelve terrorist attacks on U.S. diplomatic facilities abroad during George W. Bush’s tenure — the most of any president in history — and eight of those occurred while Donald Rumsfeld was in office. Where were the GOP senators playing their nonsense card of politics over deaths then? Hypocrites.
alice

United States

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#53026
Nov 29, 2012
 

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Exactly! Spot on, Pau!
Luau Slippahs

Honolulu, HI

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#53027
Nov 29, 2012
 

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2

*Splat*
Guru

Canyon Country, CA

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#53028
Nov 29, 2012
 

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Pau wrote:
Donald Rumsfeld was Secretary of Defense between 2001 and 2006 under President Bush:
June 14, 2002, U.S. consulate in Karachi, Pakistan
Suicide bomber kills 12 and injures 51.
February 20, 2003, international diplomatic compound in Riyadh, Saudi Arabia
Truck bomb kills 17.
February 28, 2003, U.S. consulate in Karachi, Pakistan
Gunmen on motorcycles killed two consulate guards.
July 30, 2004, U.S. embassy in Taskkent, Uzbekistan
Suicide bomber kills two.
December 6, 2004, U.S. consulate in Jeddah, Saudi Arabia
Militants stormed and occupied perimeter wall. Five killed, 10 wounded.
March 2, 2006, U.S. consulate in Karachi, Pakistan
Suicide car bomber killed four, including a U.S. diplomate directly targeted by the assailants.
September 12, 2006, U.S. embassy in Damascus, Syria
Gunmen attacked embassy with grenades, automatic weapons, and a car bomb (though second truck bomb failed to detonate). One killed and 13 wounded.
January 12, 2007, U.S. embassy in Athens, Greece
A rocket-propelled grenade was fired at the embassy building. No one was injured.
July 9, 2008, U.S. consulate in Istanbul, Turkey
Armed men attacked consulate with pistols and shotguns. Three policemen killed.
March 18, 2008, U.S. embassy in Sana'a, Yemen
Mortar attack misses embassy, hits nearby girls' school instead.
September 17, 2008, U.S. embassy in Sana'a, Yemen
Militants dressed as policemen attacked the embassy with RPGs, rifles, grenades and car bombs. Six Yemeni soldiers and seven civilians were killed. Sixteen more were injured.
Twelve terrorist attacks on U.S. diplomatic facilities abroad during George W. Bush’s tenure — the most of any president in history — and eight of those occurred while Donald Rumsfeld was in office. Where were the GOP senators playing their nonsense card of politics over deaths then? Hypocrites.
Impressions from a queer. How's your gerbil farm doing fkwad?

Just as predicted and right on schedule.
Guru

Canyon Country, CA

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#53029
Nov 29, 2012
 

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for paufag, this blog's OBOT queer...

"BUYER'S REMORSE: OBAMA APPROVE DROPS TO 49%..."

Just as predicted and right on schedule paufag.
Guru

Canyon Country, CA

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#53030
Nov 29, 2012
 

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Pau wrote:
Donald Rumsfeld was Secretary of Defense between 2001 and 2006 under President Bush:
June 14, 2002, U.S. consulate in Karachi, Pakistan
Suicide bomber kills 12 and injures 51.
February 20, 2003, international diplomatic compound in Riyadh, Saudi Arabia
Truck bomb kills 17.
February 28, 2003, U.S. consulate in Karachi, Pakistan
Gunmen on motorcycles killed two consulate guards.
July 30, 2004, U.S. embassy in Taskkent, Uzbekistan
Suicide bomber kills two.
December 6, 2004, U.S. consulate in Jeddah, Saudi Arabia
Militants stormed and occupied perimeter wall. Five killed, 10 wounded.
March 2, 2006, U.S. consulate in Karachi, Pakistan
Suicide car bomber killed four, including a U.S. diplomate directly targeted by the assailants.
September 12, 2006, U.S. embassy in Damascus, Syria
Gunmen attacked embassy with grenades, automatic weapons, and a car bomb (though second truck bomb failed to detonate). One killed and 13 wounded.
January 12, 2007, U.S. embassy in Athens, Greece
A rocket-propelled grenade was fired at the embassy building. No one was injured.
July 9, 2008, U.S. consulate in Istanbul, Turkey
Armed men attacked consulate with pistols and shotguns. Three policemen killed.
March 18, 2008, U.S. embassy in Sana'a, Yemen
Mortar attack misses embassy, hits nearby girls' school instead.
September 17, 2008, U.S. embassy in Sana'a, Yemen
Militants dressed as policemen attacked the embassy with RPGs, rifles, grenades and car bombs. Six Yemeni soldiers and seven civilians were killed. Sixteen more were injured.
Twelve terrorist attacks on U.S. diplomatic facilities abroad during George W. Bush’s tenure — the most of any president in history — and eight of those occurred while Donald Rumsfeld was in office. Where were the GOP senators playing their nonsense card of politics over deaths then? Hypocrites.
Hey QUEER paufag...here....suckkonthis until obama gets impeached....

"The way to avoid that outcome may be for conservatives to insist on the transparency and openness that Barack Obama has spent much of his career promoting but has almost never delivered in practice. The White House has asserted false claims of executive privilege to avoid questions on the Justice Department’s Fast and Furious gun-running scandal. The Washington Post reported last year that a large number of requests for public records elicited no material at all from the administration. The same Barack Obama who as a 2008 candidate promised that health-care negotiations would be shown on C-SPAN instead cobbled together the abomination of Obamacare behind closed doors."
Guru

Canyon Country, CA

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#53031
Nov 29, 2012
 

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hey obot's, here you go you morons!

Susan Rice’s Enrichment Program
U.N. ambassador has investments in companies doing business with Iran, disclosure forms show

BY: Adam Kredo
November 29, 2012 4:32 pm

The portfolio of embattled United Nations Ambassador Susan Rice includes investments of hundreds of thousands of dollars in several energy companies known for doing business with Iran, according to financial disclosure forms.

Rice, a possible nominee to replace Secretary of State Hillary Clinton when she steps down, has come under criticism for promulgating erroneous information about the September 11, 2012, attacks in Benghazi, Libya, that killed four Americans.

Rice has the highest net worth of executive branch members, with a fortune estimated between $24 to $44 million, according to the Center for Responsive Politics. A Free Beacon analysis of Rice’s portfolio shows thousands of dollars invested in at least three separate companies cited by lawmakers on Capitol Hill for doing business in Iran’s oil and gas sector.

The revelation of these investments could pose a problem for Rice if she is tapped by President Barack Obama to replace Clinton. Among the responsibilities of the next secretary of state will be a showdown with Iran over its nuclear enrichment program.

“That Susan Rice invested in companies doing business in Iran shows either the Obama administration’s lack of seriousness regarding Iran or Rice’s own immorality,” said Michael Rubin, a former Pentagon adviser on Iran and Iraq.“Either way, her actions undercut her ability to demand our allies unity on Iran.”

The companies in question appear to have conducted business with Tehran well after Western governments began to urge divestment from the rogue nation, which has continued to enrich uranium near levels needed to build a nuclear bomb.
Guru

Canyon Country, CA

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#53032
Nov 29, 2012
 

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Previous post: The Obama Morning News || November 29, 2012

Next post: Live Stream || Carney Briefing – November 29, 2012
Report: Obama in Hawaii as Nation Goes Over the Cliff

by Keith Koffler on November 29, 2012, 9:38 am

President Obama is reportedly scheduled to be vacationing in Hawaii on January 2, the date billions in spending cuts – and untold consequences for the economy – will kick in if a deal is not reached on the “fiscal cliff.”

According to the Hawaii Reporter, residents who live in the area of Oahu where Obama and his family vacation have been told that the usual restrictions on their movements during an Obama stay will be in place for 21 days, from December 17 through January 6.

The White House has not officially announced the vacation, and it is unclear if the travel plans are finalized or if the Obamas will be in Hawaii for the entire three-week window covered by the restrictions.

An upcoming vacation could provide subtle pressure for Obama to reach a deal, since not getting one might force him to cancel his coveted time in Hawaii. Even though the election is behind him, Obama’s advisers would probably think it too much of a public relations nightmare to have the president luxuriating in paradise while the country embarks on a season of massive pain.

In the past, Obama has made sure he got his vacation time in – even extending his scheduled Hawaii sojourn after being forced to delay its start because of negotiations with Congress.

What’s more, the Obamas skipped their traditional August trip to ritzy Martha’s Vineyard, an excursion that would have contrasted too severely with a candidate supposedly fighting for the middle class. They presumably are more than eager at this point to get away.

The Hawaii Reporter estimates that the total cost of the vacation to Hawaii and federal taxpayers, including funding for travel, staff and protection, is at least $4 million. Obama’s vacations are more expensive than those of previous presidents because of the huge costs to fly Air Foce One and an accompanying cargo plane for nine hours or so to Hawaii.
Guru

Canyon Country, CA

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#53033
Nov 29, 2012
 

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‘Fiscal Cliff’ Could Put Millions of Taxpayers Into ‘AMT Shock’
part 1/2-

Published: Thursday, 29 Nov 2012 | 2:15 PM ET
Text Size
By: Mark Koba
Senior Editor
http://www.cnbc.com/id/49981664



One of the key questions lurking in the "fiscal cliff" talks — though well below the public's radar — is what happens to the alternative minimum tax, or AMT.
Diane Macdonald | Stockbyte | Getty Images

Implemented in 1969 to make sure upper-income Americans pay their share of taxes, the AMT has increasingly snared more middle-income Americans over the years because it was never indexed for inflation.

During the 2011 tax year for example, the AMT hit single taxpayers with incomes as low as $48,450 and joint filers making only $74,450.

But millions more Americans could be subject to the AMT in their 2012 returns if Congress fails to reach a deal on the fiscal cliff before year-end. That's because the AMT is currently scheduled to hit individuals making as little as $33,750 a year and joint filers making $45,000.(Read More: Complete Coverage of 'Fiscal Cliff')

"I call it AMT shock," Dick Hoey, chief economist at BNY Mellon, told CNBC recently.

"Normally some four million people pay the AMT," Hoey explained. "But if we don't fix this on the 2012 income, what's due in 2013 will be additional taxes by an extra 28 million households. If you're in the $75,000 to $300,000 income bracket, you can likely forget about a refund if they don't fix it."

The bite on American households would be huge and could have a big impact on US consumer spending—and the economic recovery.(Read More: Stocks Are Being 'Cliff'-Lashed)

"This would hit immediately and likely cost taxpayers an average of some $3,700 in taxes," said Leon C. LaBrecque, managing partner and founder of LJPR, LLC, a wealth management firm. "It would be a rude awakening to say the least."

Yet even if Congress resolves the fiscal cliff, more Americans could still end up seeing a huge tax increase under the AMT. That's because the tax itself is part of the negotiations over ways to boost government revenue. And Congress would need to act separately — putting in a so-called patch — to insure more people aren't subject to it because of inflation.

"It's hard to plan for the AMT with all the uncertainty," said Howard Kaplan, a CPA/PFS in Englewood, N.J. "People are dealing with possible capital-gain tax increases, they don't know what deductions may be gone and wondering if they should sell or keep stocks at the end of the year. The AMT is complex beast on its own and it's even more complex now without a patch and the 2000 year targets."

(Read More: Latest on the Fiscal Cliff Talks in Washington)

The AMT is essentially a parallel tax in that excludes certain deductions — like state and local income taxes — for people making a certain income level each year. That means taxpayers in AMT brackets have to figure out which tax is more, the AMT or regular taxes — and then pay the higher amount.

AMT rates currently range from 26 percent for singles to 28 percent for married.

Confused by Financial Jargon? Click Here

To keep middle-income people from being unfairly hit by the AMT, Congress has enacted temporary relief during each of the past several years — so-called patches — that raises the income levels. But so far there is no patch for 2012.

The alarm bells over the patch —

continued-
Guru

Canyon Country, CA

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#53034
Nov 29, 2012
 

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part 2/2-

"...or lack of one — have reached the point where the acting commissioner of the IRS sent a letter to Congress this month saying the tax collection agency would need to tell some 60 million taxpayers that they may not file their 2012 tax returns or receive a refund until the IRS makes changes to its system (a patch) and that "they might not be able to file returns until late March of 2013."

The Bush-era tax cuts — set to expire at the end of the year as a part of the fiscal cliff — where a boon to some but actually pushed more people into the AMT, after they figured out which tax bill was higher.

More than half of AMT revenue in 2010 came from households with incomes over $200,000, according to the Center on Budget and Policy Priorities. But as AMT rates are not indexed to inflation, more upper middle incomes are hit by the tax than the targeted high end incomes.

"If you're income is high enough you get moved out of the AMT. It really effects the $300,000 to $500,000 income levels, and states like California and New Jersey where people can't deduct children or state income taxes," LaBrecque added.

As for what Congress and President Obama will do in the weeks ahead about the cliff and the AMT, that's a guessing game said LaBrecque.

"They could keep some of the Bush tax cuts and do a patch, not keep them and do a patch. Some people might not get hit by the AMT, some may. It's hard to make sense at this point," LaBrecque said.

Anyone looking for a permanent end to the AMT as part of a long term tax reform package, will be disappointed say analysts. The tax simply brings in too much revenue with no replacement in sight.

The original AMT collected just $122 million — about $700 million in today's dollars — which was just over one-tenth of one percent of all individual income tax revenue. Fast forward to the last tax year of record, 2010, and some $102 billion was collected.

Congressional Republicans have called for ending the AMT, while President Obama said on the campaign trail this past year, that he'd let it go and replace it with the so-called Buffett Tax, a higher tax rate on the very upper income levels.

Meanwhile, the Senate Finance Committee released a proposal on taxes this past August, calling for an increase in the AMT exemption amounts for 2012 to $50,600 (individuals) and $78,750 (married). The proposal would also increase the exemption amounts for 2013 to $51,150 (individuals) and $79,850 (married). But so far, it remains just a proposal.

For now, all taxpayers can do is look to some sort of patch and hope for the best, said Melody Juge, director of Life Income Management, a retirement management firm.

"These guys (Congress and the president) aren't that dumb that they wouldn't do a patch on this," Juge said. "I think they'll do the right thing on the AMT. But honestly, I think the best thing would be a flat tax, end deductions and get rid of the AMT once and for all."

***
Pau

Since: Jan 11

Honolulu, HI

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#53035
Nov 29, 2012
 

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Americans can point to a specific date in history that will forever mock the gibberish, bigotry and hate you subscribe to. November 6, 2012.

Being a women and all, I'm sure you're familiar with weeping. Seems to be alot of that going around along with the special of the day, Crow, served with ample pieces of humble pie.

Just as predicted and right on schedule.

Crybaby californian Guru

Honolulu, HI

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#53036
Nov 29, 2012
 
Guru wrote:
<quoted text>
Impressions from a queer. How's your gerbil farm doing fkwad?
Just as predicted and right on schedule.
Your a sick mtfcking LOSER aren't ya? U have no dikk because your a little zizzy ponk azz.
Leeward LOLO

Honolulu, HI

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#53037
Nov 29, 2012
 
Guru wrote:
Previous post: The Obama Morning News || November 29, 2012
Next post: Live Stream || Carney Briefing – November 29, 2012
Report: Obama in Hawaii as Nation Goes Over the Cliff
by Keith Koffler on November 29, 2012, 9:38 am
President Obama is reportedly scheduled to be vacationing in Hawaii on January 2, the date billions in spending cuts – and untold consequences for the economy – will kick in if a deal is not reached on the “fiscal cliff.”
According to the Hawaii Reporter, residents who live in the area of Oahu where Obama and his family vacation have been told that the usual restrictions on their movements during an Obama stay will be in place for 21 days, from December 17 through January 6.
The White House has not officially announced the vacation, and it is unclear if the travel plans are finalized or if the Obamas will be in Hawaii for the entire three-week window covered by the restrictions.
An upcoming vacation could provide subtle pressure for Obama to reach a deal, since not getting one might force him to cancel his coveted time in Hawaii. Even though the election is behind him, Obama’s advisers would probably think it too much of a public relations nightmare to have the president luxuriating in paradise while the country embarks on a season of massive pain.
In the past, Obama has made sure he got his vacation time in – even extending his scheduled Hawaii sojourn after being forced to delay its start because of negotiations with Congress.
What’s more, the Obamas skipped their traditional August trip to ritzy Martha’s Vineyard, an excursion that would have contrasted too severely with a candidate supposedly fighting for the middle class. They presumably are more than eager at this point to get away.
The Hawaii Reporter estimates that the total cost of the vacation to Hawaii and federal taxpayers, including funding for travel, staff and protection, is at least $4 million. Obama’s vacations are more expensive than those of previous presidents because of the huge costs to fly Air Foce One and an accompanying cargo plane for nine hours or so to Hawaii.
Thanks for the reminder to stock up on emergency supplies.
Pau

Since: Jan 11

Honolulu, HI

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#53038
Nov 29, 2012
 
"It is an effort to "create a scandal" out of Benghazi tawdry." - Joe Klein of Time

"The conservative response to Benghazi has been focused on half-baked conspiracy theories." - Washington Post

This is entertainment in it's purest form.

http://www.huffingtonpost.com/2012/11/26/fox-...

LMFAO!!!!!!!!!!
Leeward LOLO

Honolulu, HI

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#53039
Nov 29, 2012
 

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Honolulu/Waikiki were busy last night.
There were three cruise ships here, one being the Star Princess which looks like a monster.

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