On Sun, 6 Nov 2022 13:03:30 -0800 (PST), bruce bowser
<bruce2bowser@gmail.com> wrote:

>US Companies Added 239,000 Jobs in October, Better Than Expected: ADP
>Yahoo News - Nov 2, 2022
>-- https://www.yahoo.com/video/us-companies-added-239-000-121737444.html

All those people who had to get a second job to keep up with Carter
era type inflation.

On Tuesday, November 8, 2022 at 10:30:21 AM UTC-5, gfre...@aol.com wrote:
> On Sun, 6 Nov 2022 13:03:30 -0800 (PST), bruce bowser
> <bruce2...@gmail.com> wrote:
>
> >US Companies Added 239,000 Jobs in October, Better Than Expected: ADP
> >Yahoo News - Nov 2, 2022
> >-- https://www.yahoo.com/video/us-companies-added-239-000-121737444.html
> All those people who had to get a second job to keep up with Carter
> era type inflation.

===

The Carter era had ultra high interest rates but the serious inflation started in the early 70s. Remember the Nixon wage and price controls announced in August of 1971? The price of houses in the NYC area shot up about 50% between 1970 and 1974.

On Tue, 8 Nov 2022 20:04:40 -0800 (PST),
"waynebatrecdotboats@hotmail.com" <wayne.beardsley@gmail.com> wrote:

>On Tuesday, November 8, 2022 at 10:30:21 AM UTC-5, gfre...@aol.com wrote:
>> On Sun, 6 Nov 2022 13:03:30 -0800 (PST), bruce bowser
>> <bruce2...@gmail.com> wrote:
>>
>> >US Companies Added 239,000 Jobs in October, Better Than Expected: ADP
>> >Yahoo News - Nov 2, 2022
>> >-- https://www.yahoo.com/video/us-companies-added-239-000-121737444.html
>> All those people who had to get a second job to keep up with Carter
>> era type inflation.
>
>===
>
>The Carter era had ultra high interest rates but the serious inflation started in the early 70s. Remember the Nixon wage and price controls announced in August of 1971? The price of houses in the NYC area shot up about 50% between 1970 and 1974.

I agree we had some ugly fiscal policies in the 70s. A lot of it was
trying to hide the cost of a stupid war. Pissing off OPEC in the Yom
Kippur war didn't help much either. I got my house before things went
nuts.
I remember in 71 I had a dumb builder guarantee me 7% and by the time
he finished the house the rate was 7.5% but he screwed up and let us
move in. One of my customers at the time was a real estate lawyer and
he said they couldn't make me move out and they couldn't make me pay
rent because of the language in the contract we had. We were just
squatting there for free. I ended up finding 7.25 (my MIL was a VP at
Riggs at the time) and I made the builder knock off the difference on
the schedule Z from the purchase price. That actually was better than
it sounds because since I was not financing as much, my actual
schedule Z was less.
Evidently I wasn't his first mistake because after screwing up a
couple more houses and going bankrupt, he shot himself a year later.
I never got my warranty problems fixed. I bet my ex still has a bad
door casing in the guest room.

On Wednesday, 9 November 2022 at 02:23:14 UTC-4, gfre...@aol.com wrote:
> On Tue, 8 Nov 2022 20:04:40 -0800 (PST),
> "waynebatr...@hotmail.com" <wayne.b...@gmail.com> wrote:
>
> >On Tuesday, November 8, 2022 at 10:30:21 AM UTC-5, gfre...@aol.com wrote:
> >> On Sun, 6 Nov 2022 13:03:30 -0800 (PST), bruce bowser
> >> <bruce2...@gmail.com> wrote:
> >>
> >> >US Companies Added 239,000 Jobs in October, Better Than Expected: ADP
> >> >Yahoo News - Nov 2, 2022
> >> >-- https://www.yahoo.com/video/us-companies-added-239-000-121737444.html
> >> All those people who had to get a second job to keep up with Carter
> >> era type inflation.
> >
> >===
> >
> >The Carter era had ultra high interest rates but the serious inflation started in the early 70s. Remember the Nixon wage and price controls announced in August of 1971? The price of houses in the NYC area shot up about 50% between 1970 and 1974.
> I agree we had some ugly fiscal policies in the 70s. A lot of it was
> trying to hide the cost of a stupid war. Pissing off OPEC in the Yom
> Kippur war didn't help much either. I got my house before things went
> nuts.
> I remember in 71 I had a dumb builder guarantee me 7% and by the time
> he finished the house the rate was 7.5% but he screwed up and let us
> move in. One of my customers at the time was a real estate lawyer and
> he said they couldn't make me move out and they couldn't make me pay
> rent because of the language in the contract we had. We were just
> squatting there for free. I ended up finding 7.25 (my MIL was a VP at
> Riggs at the time) and I made the builder knock off the difference on
> the schedule Z from the purchase price. That actually was better than
> it sounds because since I was not financing as much, my actual
> schedule Z was less.
> Evidently I wasn't his first mistake because after screwing up a
> couple more houses and going bankrupt, he shot himself a year later.
> I never got my warranty problems fixed. I bet my ex still has a bad
> door casing in the guest room.

You haven't travelled back to fix it for her?

On Wed, 9 Nov 2022 04:15:26 -0800 (PST), True North
<princecraft49@gmail.com> wrote:

>On Wednesday, 9 November 2022 at 02:23:14 UTC-4, gfre...@aol.com wrote:
>> On Tue, 8 Nov 2022 20:04:40 -0800 (PST),
>> "waynebatr...@hotmail.com" <wayne.b...@gmail.com> wrote:
>>
>> >On Tuesday, November 8, 2022 at 10:30:21 AM UTC-5, gfre...@aol.com wrote:
>> >> On Sun, 6 Nov 2022 13:03:30 -0800 (PST), bruce bowser
>> >> <bruce2...@gmail.com> wrote:
>> >>
>> >> >US Companies Added 239,000 Jobs in October, Better Than Expected: ADP
>> >> >Yahoo News - Nov 2, 2022
>> >> >-- https://www.yahoo.com/video/us-companies-added-239-000-121737444.html
>> >> All those people who had to get a second job to keep up with Carter
>> >> era type inflation.
>> >
>> >===
>> >
>> >The Carter era had ultra high interest rates but the serious inflation started in the early 70s. Remember the Nixon wage and price controls announced in August of 1971? The price of houses in the NYC area shot up about 50% between 1970 and 1974.
>> I agree we had some ugly fiscal policies in the 70s. A lot of it was
>> trying to hide the cost of a stupid war. Pissing off OPEC in the Yom
>> Kippur war didn't help much either. I got my house before things went
>> nuts.
>> I remember in 71 I had a dumb builder guarantee me 7% and by the time
>> he finished the house the rate was 7.5% but he screwed up and let us
>> move in. One of my customers at the time was a real estate lawyer and
>> he said they couldn't make me move out and they couldn't make me pay
>> rent because of the language in the contract we had. We were just
>> squatting there for free. I ended up finding 7.25 (my MIL was a VP at
>> Riggs at the time) and I made the builder knock off the difference on
>> the schedule Z from the purchase price. That actually was better than
>> it sounds because since I was not financing as much, my actual
>> schedule Z was less.
>> Evidently I wasn't his first mistake because after screwing up a
>> couple more houses and going bankrupt, he shot himself a year later.
>> I never got my warranty problems fixed. I bet my ex still has a bad
>> door casing in the guest room.
>
>You haven't travelled back to fix it for her?

I went up and fixed her hot tub once but that casing was bad for 14
years when I lived there. I doubt she even knows it is bad.

On Wed, 09 Nov 2022 22:12:16 -0500, gfretwell@aol.com wrote:

>On Wed, 9 Nov 2022 04:15:26 -0800 (PST), True North
><princecraft49@gmail.com> wrote:
>
>>On Wednesday, 9 November 2022 at 02:23:14 UTC-4, gfre...@aol.com wrote:
>>> On Tue, 8 Nov 2022 20:04:40 -0800 (PST),
>>> "waynebatr...@hotmail.com" <wayne.b...@gmail.com> wrote:
>>>
>>> >On Tuesday, November 8, 2022 at 10:30:21 AM UTC-5, gfre...@aol.com wrote:
>>> >> On Sun, 6 Nov 2022 13:03:30 -0800 (PST), bruce bowser
>>> >> <bruce2...@gmail.com> wrote:
>>> >>
>>> >> >US Companies Added 239,000 Jobs in October, Better Than Expected: ADP
>>> >> >Yahoo News - Nov 2, 2022
>>> >> >-- https://www.yahoo.com/video/us-companies-added-239-000-121737444.html
>>> >> All those people who had to get a second job to keep up with Carter
>>> >> era type inflation.
>>> >
>>> >===
>>> >
>>> >The Carter era had ultra high interest rates but the serious inflation started in the early 70s. Remember the Nixon wage and price controls announced in August of 1971? The price of houses in the NYC area shot up about 50% between 1970 and 1974.
>>> I agree we had some ugly fiscal policies in the 70s. A lot of it was
>>> trying to hide the cost of a stupid war. Pissing off OPEC in the Yom
>>> Kippur war didn't help much either. I got my house before things went
>>> nuts.
>>> I remember in 71 I had a dumb builder guarantee me 7% and by the time
>>> he finished the house the rate was 7.5% but he screwed up and let us
>>> move in. One of my customers at the time was a real estate lawyer and
>>> he said they couldn't make me move out and they couldn't make me pay
>>> rent because of the language in the contract we had. We were just
>>> squatting there for free. I ended up finding 7.25 (my MIL was a VP at
>>> Riggs at the time) and I made the builder knock off the difference on
>>> the schedule Z from the purchase price. That actually was better than
>>> it sounds because since I was not financing as much, my actual
>>> schedule Z was less.
>>> Evidently I wasn't his first mistake because after screwing up a
>>> couple more houses and going bankrupt, he shot himself a year later.
>>> I never got my warranty problems fixed. I bet my ex still has a bad
>>> door casing in the guest room.
>>
>>You haven't travelled back to fix it for her?
>
>I went up and fixed her hot tub once but that casing was bad for 14
>years when I lived there. I doubt she even knows it is bad.

I wonder if she'll let me screw her?