Sunday, September 15, 2024
CANTO TALK podcasts from last week
Check the shows from last week.
P.S. Check out my blog for posts, podcasts and videos. If you like our posts, please look for ”Donate” on the right column of the blog page.
Bidenomics in your mailbox
Bidenomics in your mailbox - American Thinker https://t.co/OkK8vPirQg
— Silvio Canto. Jr. (@silvio_canto) September 15, 2024
Over the last year, I’ve heard these stories from friends or friends of friends. In other words, more people are falling behind in their debt service. Let’s check this from the Wall Street Journal:
On top of soaring prices for groceries and just about everything else, people have been dealing with higher interest rates on their credit cards. The average rate as of May was 21.51%, according to Fed data, up from around 15% in 2019.
That helps explain why some are finding it harder to keep up with payments, particularly those who don’t earn so much. Around 9.1% of credit-card balances turned delinquent over the past year, the highest rate in over a decade, according to an August report from the Federal Reserve Bank of New York.
Then there is the matter of car loans:
Ally Financial Chief Financial Officer Russ Hutchinson said late payments and charge-offs on auto loans were higher than expected in July and August.
Borrowers at Ally, a major auto lender, “have been struggling with the cost of living and now are struggling with an employment picture that’s worse,” Hutchinson said.
Who knew that intense inflation would cause this?
Just this morning, I was listening to a show about buying a car and heard that a typical car payment is $750. How do people pay that? Well, I guess they can’t, as the lenders are figuring out.
I gotta tell you that I’m feeling OK. Our Altima is paid for, and my 2005 Focus just hit 200,000 miles. By the way, I plan to hold on to that one and give it to my grandson when he graduates from high school in 2038. It doesn’t have a fancy sound system, but he’ll get to baseball practice.
I don’t know how much this issue is being reported. We should hear about it the next time the candidates get questions. I hope that V.P. Harris does not tell us she is planning to give new buyers $5,000 to buy a car.
In the meantime, the bills are mounting up in what they call Bidenomics.
PS: Check out my blog for posts, podcasts, and videos.
Marilyn Monroe and the skirt scene
Marilyn's Monroe famous "skirt scene" was filmed on this day in 1954. Her husband, the great Joe DiMaggio, did not like the scene at all, according to news reports.
It was from "The seven year itch", a pretty funny movie about a husband all alone and a pretty blonde upstairs. It is a actually a pretty good movie.
P.S. You can listen to my show. If you like our posts, please look for ”Donate” on the right column of the blog page.
We remember Gaylord Perry (1938-2022)
Perry broke with the Giants in 1962 and had some great seasons with San Francisco (134 wins). Then he was traded to Cleveland to Texas to San Diego to New York Yankees, Atlanta, Kansas City and Seattle.
Overall, he won 314, completed 303 games with a very good 3.11 ERA. He was selected to The Hall of Fame in 1991.
June 2008 show: Women for McCain with Adryana Boyne (Aldeen)
Adryana Boyne joined us to talk about why she is supporting John McCain. She will be attending the Republican convention as a Texas delegate. Check out the Texas delegation because they are the ones with the cowboy hats and western outfits!
September 2008: Live from the GOP convention with Adryana Boyne
A post from September 2008:
We spoke with Adriana Boyne and Mona Bailey, Texas delegates to the Republican convention in St. Paul, Minnesota.
July 2009: The Dallas Tea Party with Adryana Boyne (Aldeen)
On Juy 4th, Adryana Boyne and I participated in the Dallas Tea Party on the radio. Here is the show: