New Tax Law Shows Cuomo Tone Deaf to Needs of Greater Western New York

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Many overtaxed residents of Greater Western New York looked at the 2017 Tax Reform Law as an opportunity to spur Albany into finally aligning its policies to make our state more business friendly. Our region has been particularly hard hit.

A December 28, 2017 report from Channel 13 said several Mark’s Pizzeria locations closed. A local stock market analyst said these closures were the result of the new minimum wage law which requires all fast food chains with at least 30 locations to up their hourly rate to $12.75. Mark’s closed just enough locations to leave it with 29 stores. Coincidence? The founder of Salvatore’s Pizza told 13WHAM they won’t be expanding because of the 30 store rule.Continue Reading “New Tax Law Shows Cuomo Tone Deaf to Needs of Greater Western New York”

Old-Time Hockey Meets New Era Field

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In a stadium half filled with distinct Canadian accents, I overheard the following comment: “It doesn’t snow like this during football games.” Obviously, that visitor wasn’t present just a few weeks earlier for the Blizzard Game against the Colts (see “Live from the 2017 Buffalo Bills Snow Bowl,” Mendon-Honeoye Falls-Lima Sentinel, December 14, 2017).

This night, however, wasn’t a football game, it was a hockey game. And not just any regular hockey game, it was an outdoor Continue Reading “Old-Time Hockey Meets New Era Field”

Live from the 2017 Buffalo Bills Snow Bowl

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Photo courtesy of Catarina Lena Carosa

Unless you grew up on the western shores of Lake Erie, it’s kinda hard to describe just exactly what “lake effect” conjures up in the brain. I was reminded of this last Friday, when I traveled once more to the land of my youth. I left merry old Mendon with nary a hint of the white stuff anywhere to be found. By the time I had arrive in Amherst ninety minutes later, the mushy roads were only then being plowed. In three hours – smack dab in the middle of the morning rush hour – a devilish lake effect band targeted the North Towns of Buffalo.

I was “lucky” enough to be there before the plows to witness first hand the blissful blessing of the new fallen snow. It was Christmas card perfect. Pristine and sparkly, with the look of a soft blanket, it almost took me back to those fuzzy days of yore, but then I Continue Reading “Live from the 2017 Buffalo Bills Snow Bowl”

This is How the Greater Western New York Region Should Respond If Amazon Picks Another Option

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If you haven’t heard by now, Amazon wants to build a second headquarters somewhere else, preferably in the USA. Many pundits believe, since it’s already on the West Coast (Seattle), it only makes sense to place the new headquarters somewhere in the eastern half of the nation. Forbes, on the other hand, believes the top five most likely cities are Atlanta, Austin, Toronto, Pittsburgh, and Boston.

The good news is Rochester and Buffalo have finally realized they’re on the same team and, rather than each placing a competing bid as originally considered, will be joining together in one unified Greater Western New York bid. This is significant. Here’s why.Continue Reading “This is How the Greater Western New York Region Should Respond If Amazon Picks Another Option”

The True Legacy of Ben Franklin’s Last Will and Testament

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The following represents a chapter excerpt from the forthcoming book From Cradle to Retirement – The Child IRA – How to start a newborn on the road to a comfortable retirement while still in a cozy cradle (Pandamensional Solutions, Inc., September 2017). If you know of millennials (or baby boomers) who are parents (or grandparents), especially if they own their business or are part of a closely-held/family business, you may want to encourage to pre-order the book through Kickstarter project: “Child IRA Book – Is Your Child’s Future Worth $1,000 a Year.” Professional might want to take a look at and back this project, too, because it offers several low-cost opportunities to brand their business in this large and growing market.

Ben Franklin may have been teased into starting twin 200-year trusts in Boston and Philadelphia, but he nonetheless realized a great idea when he saw one. He even recognized the potential obstacles that might present themselves to those tasked with executing his grand plan. More important, we now recognize that, all other things aside, Franklin should be applauded for his eternal optimism in the nation he helped found.

The history of his legacy trusts – The Franklin Trust of Philadelphia and the Franklin Foundation of Boston – instructs us on both the power of compound interest and the dangers of relying on public officials to manage money for the long-term. We might even Continue Reading “The True Legacy of Ben Franklin’s Last Will and Testament”

Cuomo Albany Über Alles

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The ambitious lawyer took no time to achieve his goal. In less than a decade, he had moved from being a partner in his New York City firm to a major real estate investor in the Albany area before finally relocating his family to a county located on New York’s farthest boundary. There, within a short span of three years, he had used his New York City and Albany connections to place his own ally in the position of county sheriff and get himself elected to the assembly. There, he steered the powerful New York-Albany axis towards his own political ends. Those constituents he left in the hinterland? Once he went to the assembly in Albany, no one cared about them. He didn’t. His wealthy backers in New York City didn’t. And the powers that be in Albany didn’t.

Sound familiar? After reading the above, you may be thinking of the poor underserved Continue Reading “Cuomo Albany Über Alles”

Snow Day, March 15, 2017

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There’s something totally relaxing about sitting in the comfort of your warm home while Mother Nature unleashes her winter fury all around you. Why does it relax me so? It’s not because I’m taking the day off from work. Thanks to the wonders of modern technology, I can work anywhere, anytime, 24/7 (as long as the electricity is working, but that concern was so last week for most people and so two weeks ago for me, but more on that later…). It’s not just because I can rest easy, knowing my family is safe with me (or safe wherever they are).

That’s all true, but there’s something else that relaxes me. It’s knowing that I’m sharing a common experience with everyone else in our broader community. There’s something to be said about this collective involvement. When a snow storm beyond a certain magnitude strikes, everyone stops. Well, they stop once they’re finished raiding the local grocery store for such essentials as milk, bread, and (fill-in-the-blank-with-your-favorite-non-nutritional-snack). Once prepared, we all head home and wait.

Admit it, are you like me? Do you agonize in anticipation waiting for that first flurry? Do you Continue Reading “Snow Day, March 15, 2017”

Cuomo’s “Free” Tuition Plan Reveals His Techno-Ignorance

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And away we go… Even before Donald Trump’s Inauguration, the 2020 presidential race has begun.

During last year’s presidential primary sweepstakes, the ever plucky Bernie Sanders (can you call a septuagenarian “plucky?) infamously declared he would abolish all college tuition. Plenty practical folks brushed this Marxist rhetoric aside, but those were the adults in the room. The kids ate it up. (And I wouldn’t doubt the idea appealed to a few of their parents, especially after seeing the burden of the obnoxious levels of debt modern college attendance can require.) Still, no one considered this a serious policy. For any number of reasons, common Continue Reading “Cuomo’s “Free” Tuition Plan Reveals His Techno-Ignorance”

When Should Greater Western New York Declare its Independence from Albany?

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DCF 1.0As many of you already know, I’ve been writing weekly and monthly columns for national publications for almost seven years now. One of the perks of serving as a countrywide reporter includes access to a coast-to-coast network of sources. I usually stick to my standard beat when sourcing questions. Every once in a while, however, I stray from that path and have a little fun.

Another thing you probably know about me is that I am a life-long booster of the Greater Western New York region. It’s one of the reasons I started a mutual fund called the “Greater Western New York Series.” It was one small way I could help promote the region. Once we started the fund I learned this: There are many more people who are Continue Reading “When Should Greater Western New York Declare its Independence from Albany?”

Western New York a State? Why Not?

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Author of 50 Hidden Gems of Greater Western New York to speak at Arcade Free Library

Why did Vermont split from New York State following the Revolutionary War but why didn’t Western New York do the same thing? On Saturday, October 17th at 11am, Posterthe Arcade Free Library will host a talk by Christopher Carosa, author of 50 Hidden Gems of Greater Western New York. Mr. Carosa will share the results of his research on this topic and other related fun facts and trivia concerning our wonderful region. “Western New York a State? Why Not”

Several weeks ago a group of Upstate New Yorkers met outside of Binghamton to discuss the idea of Upstate becoming its own state (they want to call it “New Amsterdam”). These New Yorkers are following in the footsteps of people in California and Colorado, who are also exploring how they could duplicate what West Virginia did and form their own state. Among the questions Mr. Carosa will answer includes:Continue Reading “Western New York a State? Why Not?”