Comments by "CalBob750" (@calbob750) on "I Allegedly" channel.

  1. It’s amazing how anti communist capitalists have no problem buying from communist China.
    7
  2. Warning! In 1950 a gallon of gas was 24.9, a new Ford was $1600, and a new house was $7,000. Median household income was $3,600. Proof that inflation is out of control!!!
    2
  3. Don’t forget mortgage rates were as high as 16% in 1981. Inflation?
    2
  4. The financial historian might remember 16% mortgages in 1981. Upside 10% 36 month CDs. Back in the day when mortgage rates went up, the mortgage company could “call” your 8% mortgage and replace it with a 16%.
    1
  5. Don’t tell me the “chip crisis” isn’t a manufactured (so to speak) crisis too.
    1
  6. Ran or Run?
    1
  7. Only hope! Stuff your mini SD card with Bitcoin.
    1
  8. Anybody remember the Great Recession? You could buy a $500,000 house with the down payment financed with a high interest second mortgage and a $40,000 annual household income. This worked because investors could buy high yield CMOs that were insured. Problem was when the defaults exceeded the insurers ability to pay the dominoes fell quickly and your retirement account went with it. The joys of greed in the world of investing.
    1
  9. Im thinking your comments about Susan G. Kømen also apply to many organizations asking for money for Veterans Groups. Research what percentage goes to administrative expenses and what goes to the intended recipients.
    1
  10. Democrats are tax and spend? Republicans are spend? How many years ago when we had a balanced budget?
    1
  11. Real estate prices up double digits, you can’t buy a vehicle for less than MSRP and the top 3% pay the lowest tax rate in history. Only thing contracting is reality.
    1
  12. Once upon a time people bought a car with a two or three year loan. Now 84 months is an option. Anybody remember interest rates in the early eighties. How about a 15% 30 year mortgage. The good old days are coming back.
    1