We wrote about the domain name FiscalCliff.com just about a month ago asking if it was the best hand registered domain of 2012.
Well we may soon find out how good of a registration it turned out to be.
I reached out to the owner of the domain Kenneth P. Carey of Grand Rapids who told me that there are 6 bidders currently for the domain, with a high bid as of time of publication of $38,500 for the domain.
Mr. Carey told thedomains.com:
“The bidding on FiscalCliff.com continues, although it is interesting to note that the make-up of those involved now includes not only political superpacs but financial planners, brokerage houses and media outlets.”
“Our web team is working on a totally new financial web-site to provide up to the minute news concerning all topics “Fiscal Cliff” involves should the bidding not meet our reserve of $40,000″
“US. Current bid is $38,500.”
“Reserve price expires 12-13-2012 @6pm EST, At that time the domain will go LIVE, with Twitter, Facebook, Linkedin and other social media feeds, financial planning links and related blogs.”
“We truly believe the phrase “Fiscal Cliff” is a valuable asset , and that other interested parties (6) share our assessment.”
“One thing for certain, it’s sure to be a bonanza for financial service firms, tax advisors, accountants, lawyers, media companies, the list goes on and on. Take a minute to consider the unintended consequences of the sweeping changes about to occur. A deal on the fiscal cliff is sure to include a change in the CPI to the newer Chained CPI. What will that mean for wage increases and social security inflation adjustments?”
“What else is in store for us? A progressive fiscal cliff is now being proposed to political think-tanks. The term “Fiscal Cliff” will be as relevant ten years from now as it is today.
As we noted when we first wrote about the domain name, FiscalCliff.com was hand registered in April of this year.
The domain name FiscalCliff.com has an Alexa rank of 395,000 in the US.
Adam Strong says
Where is said auction ? conveniently private ?
He’s just close enough to the reserve price atm to motivate one more bid ? Yea. ok
I would vote gangnamstyle.com as a more valuable hand reg from 2012.
gangnamstyle will stick around longer especially when they pass 1 billion youtube views.
The term ‘fiscal cliff’ will disappear in a few weeks after the new tax structure is worked out.
ROFTL ! it’s been a while since I saw so many BS in such a few sentences 🙂
5 stars for the marketing and PR.
MB, Shouldn’t there be confirmation of a public auction or bid(s) where all can see it?
Michael Berkens says
The owner is holding a private auction.
His name is included in the post and I guess it will be up to everybody to determine the veracity of the owner.
The best hand-registration of 2012 is:
I registered it yesterday. Many professionals go through reevaluations yearly.
He is trying WAAAAAY too hard.
My name, TaxElitism, is the best hand reg. It will take YEARS to minimize the damage and end tax elitism. With eBay and Apple leading the way using creative bookkeeping to pay the least taxes, and Microsoft, Google, and Amzon closely following, selecting Singapore, Sweden, the Netherlands and Ireland as their distribution centers for companies that reside – on paper – in Bermuda and the Caymans, the above pay the least taxes in Europe, while shielding that income from the US. It makes Walmart, which pays near 24% in corporate taxes, look absolutely saintly in comparison!
Not to mention Starbucks. UK residents are frothing mad . . . Starbucks paid England $13.74 million on sales of approx 4.9 BILLION in 13 years. Let’s break that down: 13.74/4900 x 100 = 0.28% or approx 0.3 percent! Nice! Starbucks reported a loss there every year, yet its COO and CFO told analysts:
2007: UK unit’s profits were funding Starbucks’ expansion in other overseas markets. Then-Chief Financial Officer Peter Bocian said the unit had enjoyed operating profit margins of almost 15 percent that year – equivalent to a profit of almost 50 million pounds.
2008: Starbucks filed a 26 million pounds loss in the UK. Yet CEO Schultz told an analysts’ call that the UK business had been so successful he planned to take the lessons he had learnt there and apply them to the company’s largest market – the United States.
2009: Accounts filed in London claimed a record loss of 52 million pounds for the financial year to September 27, while CFO Alstead told investors on a call that the UK unit was “profitable.”
2010: the UK unit reported a 34 million pounds loss, and Starbucks told investors that sales continued to grow.
2011: a 33 million pounds loss. Yet John Culver, President of Starbucks’ International division, told analysts on a call earlier that year that “we are very pleased with the performance in the UK.”
Way to go! $5 billion in sales, but “no profit,” while telling investors the UK is one of the most profitable!
3D is my life says
Ahh, let me go out on a limb here and guess that none of the bidders would budge to meet the reserve nor would the seller accept the offer just under the reserve before this “deadline.” Just two more weeks and this domain becomes basically worthless. This dude turned down $38.5 k, ummm, ok.
Small Business Leaders Urge Closing of Corporate Tax Haven Loopholes
Here is the letter:
Oh, yeah! Oh, yeah! Oh, yeah!
Did he sell the name?
Michael Berkens says
Doesn’t look like it
Domo Sapiens says
it’s for sale again…
4 days now and I haven’t heard the words “fiscal cliff” in the news…….maybe it wasn’t the best hand reg of 2012…………….That honor should go to gangnamstyle.com.