FISCAL CLIFF IN THE USA/HAWAII 2012

122012 MAUI HAWAII USA

We have read about the "fiscal cliff", a new term that emerged after the election with more impact of concern. Irresponsible spending, and lack of money managment wisdom is factorial of this situation. The USA national debt is over 16 TRILLION DOLLARS. Most amazing is that our debt is owed to other countries. I am not going to mention them, since we all know who they are. Americans will get a rude awakening, after the fiscal 2012. We, are the only country in the world that spends BILLIONS of dollars to elect a president in a DEMOCRACY(for the people, by the people of the people). We exemplify mediocricy, and grandiose elements in conjunction with hypocritic egocentric behaviour.

The "fiscal cliff", will be dealt with swiftly with Quantitative Easing by the Fed. A corporation, independent of all government agencies, able to manipulate the dollar currency and how much tender it prints. Never has been audited. It is controlled by billionaires and trillionaires from different sectors of the world, and of course they controlled the World Bank. All the nations in the planet are indebted to it; perhaps an exception of one or two. The "fiscal cliff" or "fiscal grip" is a burden on the American Taxpayer. On the horizon, the rich will be paying more to alleviate the inequality of taxation. But, it will not be enough to counteract the immensity of such DEBT. Just the interest alone is killing us.

What is ahead?. Lookout for the Financial Global Storm, coming our way. We will continue to get more in debt and spend money that we dont make. Logical reasoning, should tell us, not to continue such trend. But we will. In Hawaii, a sectarian-centric economy, manipulated by government politics, and politicos with no entreprenuralship skills will get us into more debt. Will borrow from the Fed. And will have to pay back one way or another. Nothing is free. Hawaii, is a tourist driven economy, and Real Estate taxation continues to constitute about 33% of its total revenue. The microeconomics has not improved and the macroeconomics will take years to catchup with any other world island or small country with more solvent economies in a comparative economic analysis. Slow and backwards is the motto here. Inflation will continue to rise and the standard of living per capita will be a slow process too. In the end, Hawaii, will always will be a "nice paradise to visit". Maui, has been named by Conde Nast, "best island destination in the world" again. In my opinion, have they seen other islands? One last comment, is the famous Front Street, just recently named with an accolade of "America's Famous Streets". This street needs a "spic and span" and manicuring to reach the standards of famous streets I have seen in the USA and the World.

In conclusion, the "fiscal cliff" anf the "fiscal grip" and the "status cliff" will be around the corner to slap us one more time and tell us "wake up morons", but the remedy will be hard to swallow and the recuperation will be slow. In the meantime continue to work one or two or three jobs in order to catch-up. But, you never will. If you know what I mean. Thank you. 

ANDRE ADOLOFFO(BA)

HAWAIIAN ISLES REAL ESTATE ANALYSIS JULY 2012

Finally The Breakers, in Maui Hawaii is almost sold out. It took several Brokers to try to sell the condos, but finally the right match and the right market prices were the correct formula for success. Whether or not the rest of the project will be completed is under speculation. Two buildings, C and B are not constructed yet, but may in the near future.

The Maui Real Estate Synergy is still occurring. There are several areas that continue to be a developers dream. As an example, Launiopoko, an area as you exit Lahaina going East. Plenty of housing developent has happened in the last five(5) years. A most expensive area is by Kapalua Estates, luxury and expensive.

Lastly, the Kaanapali Royal Resort, has started to upgrade their individual housing units and little by little this facelift will be completed in several years.

Conclusion, it is a Buyers market in Maui Hawaii. The TimeShare industry is still active and tourism has not diminish one bit. Interesting enough, we are seen a lot of Chinese, Taiwanese and other Asian tourists coming in. Thank you.

ANDRE ADOLOFFO, BA
PO BOX 787
LAHAINA MAUI HI
96767
yalta1947@hawaii.rr.com