“Taxing the rich makes poor people poorer through fewer jobs created. What does government do with the higher taxes it collects: other than legitimately protecting our lives, liberty and property, etc., it spends millions studying how monkeys react to the effects of cocaine, why trucks go slow up hills, lifestyles of prostitutes and how to create a joke machine, etc.. But the joke’s on us, the taxpayers.”
– Fred Schnaubelt-Writer, Realtor®, and Former SD Councilman.
As you head to the ballot box (unless you are amongst the 50% of voters that now vote by mail) remember that despite these trying times you live in the greatest country in the world and the envy of all. Many have died and even more, have fought for your right to punch that chad. Exercise your right and be proud and thankful.
Twenty four months after the great credit crash it is time to ask where do we stand? First, we are better than one year ago and certainly better than two years ago. More importantly, we are starting to see individuals and firms beginning to position themselves to take advantage of the opportunities in the market. If not that, we are seeing business owners/tenants/building owners capitulating and accepting market conditions and planning for a slow (ok, let’s call it “sleepwalk paced”) recovery. None the less, coming to these decisions is creating action and market activity. Not quick enough for me but we are seeing transaction activity picking up. Now I will say I look forward to the quality of tenants picking up. The joke in the office is that this is a sex (massage parlors), drugs (marijuana dispensaries) and rock n’ roll (blockbuster vacancies) recovery. In short, we need to build some momentum. Doing deals right now is like pushing a snowball uphill. If you stop pushing it stops moving! This is where the team at CDC Commercial goes to work. We are pushing everyone everywhere to keep deals together and closed. I often think it is like herding cats!
Unemployment continues to be the largest roadblock to a thriving recovery. IT IS ALL ABOUT JOBS! Roughly 25% of the nation’s leased office space is set to expire in 2011 or 2012. As leases come up expect tenants to move to smaller spaces because of fewer employees and more use of space-saving technology. At current low market rates, I do not recommend going out past 5 years before getting some kind of market rate adjustment.
San Diego placed 2nd in a recent Harris Poll asking people which city they’d like to live in or near. Although New York topped San Diego, it also earned the #1 spot for the least popular City! I’ll give up a little extra theater, the winter snow, and Eli Manning but I would like LaDainian Tomlinson back!
I am going to keep this month’s letter short because I know you already have so much to read on the ballot measures and candidate promises!
Though I didn’t get any grants for a joke machine, I can’t think of a better comedian of our time, and if he ran in 2012 I think I’d vote for him…I hope you enjoy this month’s story!
Cosby for President
I HAVE DECIDED TO BECOME A WRITE-IN CANDIDATE FOR PRESIDENT IN THE YEAR 2012.
HERE IS MY PLATFORM:
1. Any use of the phrase: “Press 1 for English” is immediately banned. English is the official language; speak it or wait outside of our borders until you can.
2. We will immediately go into a two-year isolationist attitude in order to straighten out the greedy big business posture in this country. America will allow NO imports, and we’ll do no exports. We will use the policy, “If we ain’t got it, you don’t need it.” We’ll make it here and sell it here!
3. When imports are allowed, there will be a 100% import tax on it coming in here.
4. All retired military personnel will be required to man one of the many observation towers located on the southern border of the United States (six-month tour.) They will be under strict orders not to fire on SOUTHBOUND aliens.
5. Social Security will immediately return to its original state. If you didn’t put nuttin in, you ain’t getting nuttin out. Neither the President nor any other politician will be able to touch it.
6. Welfare…- – Checks will be handed out on Fridays, at the end of the 40 hour school week, the successful completion of a urinalysis test for drugs, and passing grades.
7. Professional Athletes – – Steroids? The FIRST time you check positive, you’re banned from sports. . . for life!
8. Crime – – We will adopt the Turkish method, i.e., the first time you steal, you lose your right hand. There are no more, “life sentences.” If convicted of murder, you will be put to death by the same method you chose for your victim you killed: gun, knife, strangulation, etc.
9. One export of ours will be allowed: wheat; because the world needs to eat. However, a bushel of wheat will be the exact price e of a barrel of oil.
10. All foreign aid, using American taxpayer money, will immediately cease and the saved money, will help to pay off the national debt and, ultimately, lower taxes. When disasters occur around the world, we’ll ask The American People if they want to donate to a disaster fund, and each citizen can make the decision as to whether or not it’s a worthy cause.
11. The Pledge of Allegiance will be said every day at school and every day in Congress.
12. The National Anthem will be played at all appropriate ceremonies, sporting events, outings, etc.
My apology is offered if I’ve stepped on anyone’s toes. . . . Nevertheless. . . .
GOD BLESS AMERICA!
Sincerely,
Bill Cosby