Comments by "CalBob750" (@calbob750) on "CNBC Television" channel.

  1. I was in the military 1964-1968, 1974-1997. Never thought vaccinations were a yes or no choice.
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  2. Abraham Lincoln the Republican once said. “I will stand with any man while he is right and part with him when he goes wrong”. Or did he say “Absolute power corrupts absolutely.”
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  3. “Government is best that governs least” except in Florida?
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  4. I was in the Air Force during the Vietnam War. One person on base wanted to be discharged. He had a family and bought a house off base. His reason for a successful discharge was he “couldn’t live within his means and his $400 per month pay (1966) was insufficient to support his lifestyle. He was successfully discharged! At a radar site I was at a year later an Airman got discharged because he was a “sleepwalker.” I doubt if someone in the Army would have been successfully discharged under these circumstances.
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  5. What if a disgruntled, disillusioned sailor could finish his enlistment term in a Reserve component. For those who don’t know the Reserve or National Guard attend meetings for duty one weekend a month and are obligated to 14 or 15 days a year for Active Duty for training. At one time the total obligation was for six years. That way you could pursue a civilian career all year except for the two days a month and two weeks for training. Seems a better option than being treated like a criminal.
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  6. This isn’t the first time in history that loyalty to the cause includes death.
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  7. Long ago and far away the average person bought dividend paying stocks to add to the cash flow in their retirement. Somewhere in the past fifty years mom and pop were told you don’t want dividends you want GROWTH. So your portfolio lost 30% in the past year. If you don’t make withdrawals and live long enough you’ll be a millionaire just like you’ve been told.
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  8. Canada’s lowest denomination coin is a nickel. They have eliminated the one cent piece. This reduces the number of coins needed for change.
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  9. The good old days are back. 8.7% raise for social security just like 1981. 15% mortgages and CDs should be next.
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  10. People are saying that if you want to be sickened by Covid that’s your right. Of course friends and family can also be infected by your philosophy. America is number one in global deaths. Why do 90% of Americans use government mandated seat belts?
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  11. Trump could replace the head of the Government Printing Office and create ballots with one candidate. Just like our best friends in Communist China.
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  12. douglas rodriguez more than fifty years ago the average investor bought dividend paying stocks with the idea of building a nest egg built on cash flow in retirement. The current feeding frenzy is fed by promises of future consistent growth in stock valuation. This valuation is eroded by fees and commissions paid to those who market and sell the investments. The salesmen are always out to benefit themselves first.
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  13. You definitely need to do a FINRA check on your investment advisor. I retired in 2000 and got roped in by the free dinner and investment “seminar”. I bailed after six months with this variable annuity salesman. Ever hear of market timing with mutual funds?
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  14. Decades ago a small investor bought a stock and held onto it because it paid a dividend. Starting in the eighties the concept of buy low sell high took over and the Market became a feeding frenzy where your retirement account could lose 30% of its value in a few weeks. In the 90s future investors were shown projections of annual growth of 8% or more per year until retirement. The upside is if you live long enough and make no withdrawals you too can become a millionaire.
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  15. Apparently, Obamacare is considered socialism. While Trump is in office he may think about eliminating the “socialism” of Social Security and Medicare. Look at how much you put in both programs out of your paycheck. Research the cost of a week in the hospital. Check out the dollars you put in Social Security and what the payout to you will be if you live another ten years. Medicare must in some way appeal to the medical insurance industry because we’re bombarded for weeks of private companies selling Medicare policies. Maybe, Medicare through a private contractor is less socialistic than government coverage.
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  16. China has most favored nation trading status in the US. A communist country that thrives thanks to capitalism. Go figure.
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  17. Besides the Hillary-Trump debacle 70 years earlier there was the Dewey-Truman election. I honestly think that in a debate Trump would be at his most aggressive and cruelest showing no respect for the issues or Biden. You can see the strategy based on the anti Biden commercials already on the media. Old line Democrats see Joe as a winner. The real winner should be a younger more articulate candidate that could stand up to America’s first Dictator..
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  18. Just like the numbers during the Vietnam War. It’s all about body count until someone you know or love is the body.
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  19. Anybody think the dictatorship will continue with POTUS for life? Next VP will be Putin in 2024.
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