Abby's Guide to Vacuum Cleaners
Username Password
Home Discussions Reviews More Guides
Abby’s Guide > Vacuum Cleaners > Discussions > Big Hit on the US/World Markets

Vacuum Cleaners Discussions

Search For:
CarmineD


Joined: Dec 31, 2007
Points: 5894

Big Hit on the US/World Markets
Original Message   Jan 21, 2008 2:11 pm
Early news reports in the USA are saying the London financial markets nosed dived today in the worse downturn ever.  This comes on the heels of a 4 percent drop in the Dow Jones Industrials last week alone.  Since today is a Federal Holiday in the US in observance of Dr. Martin Luther King the financial markets are closed.  Not sure what impact the London market fall will have on the US markets--have to wait to see.

What and how long will it take jaydee to realize that he needs to enter the low to middle price range vacuum market to stay competitive in the USA in the big box stores' venue?

Any news yet on the 2007 dyson sales? 

Carmine D.

This message was modified Jun 27, 2008 by CarmineD
Replies: 85 - 94 of 217Next page of topicsPreviousNextNext page of topicsAllView as Outline
CarmineD


Joined: Dec 31, 2007
Points: 5894

Re: Big Hit on the London Markets
Reply #85   Mar 28, 2008 6:53 pm
HARDSELL wrote:

Point is Carmine, property is assessed only every few years and housing slowdowns and price reductions have no impact on getting taxes reduced for current home owners.



HARDSELL:

I disagree with the highlighted portion of your statement.  Is the reason you are so irritated with me because you think I'm wrong?  Or do you fear I'm right? 

Carmine D.

HARDSELL


Joined: Aug 22, 2007
Points: 1293

Re: Big Hit on the London Markets
Reply #86   Mar 28, 2008 7:53 pm
CarmineD wrote:
HARDSELL:

I disagree with the highlighted portion of your statement.  Is the reason you are so irritated with me because you think I'm wrong?  Or do you fear I'm right? 

Carmine D.



Sorry if I seem irritated with you.  I do not fear that you are completely right or wrong.  Sometimes it is possible to get a property tax reduction and sometimes not.  I do not believe that you would be successful at getting a reduction simply due to a slow down or price reduction on new construction or listed homes regardless of age.  If prices are down for a year or two then maybe, yes.  I personally believe that housing prices are just being adjusted to reflect a more real value. 

Funny thing is most people like to brag about their homes value.  When they receive their tax assessment they want to argue that the home is over valued.

CarmineD


Joined: Dec 31, 2007
Points: 5894

Re: Big Hit on the London Markets
Reply #87   Mar 29, 2008 7:50 am
HARDSELL wrote:
Sometimes it is possible to get a property tax reduction and sometimes not.  I do not believe that you would be successful at getting a reduction simply due to a slow down or price reduction on new construction or listed homes regardless of age. 


HARDSELL:

Your statement is contradictory [I highlighted the parts].  If your home is overvalued for tax purposes [for whatever reasons], you are paying too high property taxes.  If you don't mind, by all means pay the higher amount.  If you believe the assessed value is high, then contact your local taxing authorities and discuss.  Of course, they will disagree that's why you got the higher assessed value.  If you take their word, pay the higher amount.  If not, it's not hard to determine what your home is worth and the propertt tax due.  All the information is at your fingertips.  But the homeowner has to take the initiative.  It's their money not the taxing authorities.

On another note, I see where the Gov of Kentucky [Beasher?] lost in a bid to get casinos approved in the state.  Apparently horseracing is okay but not gaming.  What's the revenue shortfall in the state?  $900 Million.  I understand all city, county, and state entities nationwide are experiencing revenue shortfalls.  And will for the future.

Gov said he will try again.

Carmine D.

This message was modified Mar 29, 2008 by CarmineD
CarmineD


Joined: Dec 31, 2007
Points: 5894

Re: Big Hit on the London Markets
Reply #88   Mar 29, 2008 7:57 am
CarmineD wrote:

PS: Wal*Mart stock price is at $53 plus a share, a 52 week high.

Carmine D.



I went back to verify this.  I understated the truth.  This is a 3 year high for WM stock.  It has gained 12 percent this year alone.  The best stock gain in the Dow.  The pros even have a name for this: The Wal*Mart effect.  Apparently as the economy nose dives, consumers flock to WM stores to get the most bang for their buck.

Carmine D.

HARDSELL


Joined: Aug 22, 2007
Points: 1293

Re: Big Hit on the London Markets
Reply #89   Mar 29, 2008 10:25 am
CarmineD wrote:
HARDSELL:

Your statement is contradictory [I highlighted the parts].  If your home is overvalued for tax purposes [for whatever reasons], you are paying too high property taxes.  If you don't mind, by all means pay the higher amount.  If you believe the assessed value is high, then contact your local taxing authorities and discuss.  Of course, they will disagree that's why you got the higher assessed value.  If you take their word, pay the higher amount.  If not, it's not hard to determine what your home is worth and the propertt tax due.  All the information is at your fingertips.  But the homeowner has to take the initiative.  It's their money not the taxing authorities.

Carmine D.



I do not think that you are comprehending.
Lucky1


Joined: Jan 2, 2008
Points: 271

Re: Big Hit on the London Markets
Reply #90   Mar 29, 2008 10:38 am
Property taxes in my area of NY at least, are tied to an Index. This allows your evaluation to rise and/or fall but when multiplied by the index # they can get the amount of money they want to extort...err... assess from you. It's a no win situation for the Homeowner. Lower house value... higher Index to multiply by.

The only way to cut taxes is to have the powerful Civil/Police/Firefighter and Teacher Unions accept lower wages and benefits like most other Americans are experiencing....THAT'S NOT GOING TO HAPPEN!

YOU work for the Government now...they do not work for you. Their sense of entitlement is brazen.

In North Jersey the Governor wants small towns to group together and share overlapping services to save the Taxpayers money. They outright refuse. One town supervisor was quoted as saying "You can't do that...We would have to lay people off". GEEEZ ...What is every other Business in the US doing to help cut costs? There are Town Clerks here making $85-$125 Thou and Police making The same and Chiefs making more. These are sleepy bedroom communities.
CarmineD


Joined: Dec 31, 2007
Points: 5894

Re: Big Hit on the London Markets
Reply #91   Mar 29, 2008 3:54 pm
Lucky1 wrote:

In North Jersey the Governor wants small towns to group together and share overlapping services to save the Taxpayers money. They outright refuse. One town supervisor was quoted as saying "You can't do that...We would have to lay people off". GEEEZ ...What is every other Business in the US doing to help cut costs? There are Town Clerks here making $85-$125 Thou and Police making The same and Chiefs making more. These are sleepy bedroom communities.



Did I hear/read that the good Gov Corzine wants the firefighters to do the street cleaning and trash pick up in their down time? 

Customarily, all local, county and state revenue streams increased year over year.  Revenues never went down.  Always up.  In large part because the booming housing market enriched the coffers with property taxes and sales taxes [doesn't Jerzey have one of the highest?].   With foreclosures up and housing sales down, these local, county and state revenue streams are all drying up.  What are the politicians to do?

As I mentioned, the good Gov in Kentucky wants to add gaming and casinos so he can tax the proceeds to make up for the $900 Million state budget shortfall.  Didn't fly.  The state legislature voted against it.  He says he'll revisit the matter.  I believe him.  Tho, gaming tax revenue is not a cure all.  In Nevada, the state coffers [as well as the water supplies] are drying up fast. 

It's not looking promising. 

Carmine D.

This message was modified Mar 29, 2008 by CarmineD
CarmineD


Joined: Dec 31, 2007
Points: 5894

Re: Big Hit on the London Markets
Reply #92   Mar 29, 2008 4:02 pm
Lucky1 wrote:

YOU work for the Government now...they do not work for you. Their sense of entitlement is brazen.


I had a sign hanging in my Bloomfield vacuum cleaner store [1949-1992].  It read:

We collect county, state, and federal taxes;  and do a little business on the side.

How true.

Carmine D.

This message was modified Mar 29, 2008 by CarmineD
CarmineD


Joined: Dec 31, 2007
Points: 5894

Re: Big Hit on the London Markets
Reply #93   Mar 30, 2008 8:01 am
DysonInventsBig wrote:
CNBC "Street Signs" w/ Erin Burnett will interview CEO's from Best Buy, General Mills and others.  2pm Eastern today.



DIB:

I didn't see the interview with the good CEO, but it must have been a doosie.  Why?  BEST BUY stock plunged on Friday by $1.60 a share down to $40.  That's off for the year [only 3 months] by 23 percent.  

Carmine D.

CarmineD


Joined: Dec 31, 2007
Points: 5894

Re: Big Hit on the London Markets
Reply #94   Apr 13, 2008 8:49 pm
HARDSELL wrote:
I do not think that you are comprehending.



Hello HARDSELL:

Since we appear to have reached common ground on the best of the dyson vacuums: DC07, I thought I would revisit another subject with you where we did not reach a mutual agreement.

If you have the USA Weekend Magazine insert to the Sunday Newspaper, check out page 6 and the article MoneySmart by Walencia Konrad.  "How to Pay Less in Property Tax."  The article begins: "Think falling prices have affected the value of your home and your tax bill is too high? Mount an appeal using tips from the National Taxpayers Union."  The rest of the article gives more information.  You can probably go to the links at usaweekend.com for the article.

Carmine D.

Replies: 85 - 94 of 217Next page of topicsPreviousNextNext page of topicsAllView as Outline
Vacuum Cleaners Guide   •   Discussions  Reviews  
AbbysGuide.com   About Us   Terms of Use   Privacy Policy   Contact Us
Copyright 1998-2024 AbbysGuide.com. All rights reserved.