Category: My opinion

  • Explaining things

    How do you handle this?  You are having a conversation with someone who has a similar background (culture, generation, age) and you mention something and they look at you quizzically (confused look) and ask you what you just said.

    A little back story here. I am a real estate appraiser living on Guam for the past 29 years. When I was young my older brother taught me a game called cribbage.  It is a card game that uses a board to keep track of your score.  Cribbage became part of my vocabulary and culture from an early age.

    Roll forward about 50 years. I was doing an appraisal for a private client who had purchased a home out of foreclosure (more about real estate terms later). I was coming back to the new kitchen to ask the customer a question and I saw a carved wooden dolphin with a cribbage board on its back.  I told the owner that it was lovely and he asked me if I knew the game, to which I said yes. He handed me the board and said, take it with my thanks.  See the picture below.  This thing became my pride and joy. My wife and I went to a family fun night at our church (see ABF Guam pictures here and elsewhere).  No one amongst 20 adults including several generations from all over the place and none of them knew the game, how to say the word, or what to do with the board.  They were awed by the carved dolphin but that was it.  I taught the game to a few people and one couple wants to have us over for dinner so we can show them the game.

    DolphinCribbage

    CribbageLesson

    Anyway, all of that was intended to make this point. Don’t assume everybody you communicate with has the same background and reference material. If you get quizzical or confused looks when you are communicating, stop and ask what was confusing.

    #Praise the Lord

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  • GOVGUAM budget surplus

    What?  A local government shows a budget surplus? #Guam has a surplus?

    Read on

    How much has GovGuam collected in licenses, fees, and penalties?

    Income taxes are tracking to reach $409.7 million by end of 2019, or $35.9 million more than the projected $373.8 million. This includes individual, corporate and withholding tax, with each expected to post higher-than-expected numbers.

    Business privilege tax collection is tracking to reach $316.2 million, more than the projected $314.6 million.

    But GovGuam’s collection from licenses, fees, and penalties could be at $4.8 million, about $921,000 less than projected.

    Lester Carlson, director of the Bureau of Budget and Management Research, told the Legislature the amounts reflected in the report are subject to internal audit and analysis and therefore subject to change.

    https://www.guampdn.com/story/news/2019/07/24/guam-2019-budget-shows-millions-more-in-revenue-than-projected/1811143001/

    So let me cut to the chase.  Gov Guam, like many state and local governments, complained and blamed President Trump for the Tax Cut that promised a $100 million dollar shortfall. And indeed GovGuam had a $10 million dollar shortfall in FY 2018.

    But notice where the surplus is coming from….Income tax.  That means more people are making more money which means businesses must be expanding, giving raises, hiring more people.  This was exactly the intent of the Federal Tax overhaul that President Trump pushed and passed.

    Good on you, everybody that is involved in a positive change for our economy.

    freedom-of-speech-and-opinionbudget-deficitbudget-surplus-10-638

    #Praise the Lord

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