If you clicked on this blog because of the title, I'm sorry (kind of). The following post actually has nothing to do with Mitt Romney or politics in general. It's a little trick I like to call deception and I learned it from YouTube. Well, since you're here anyway, you might as well read on.
I bought my home about 5 years ago. When I moved in everything needed replacing: fixtures, wiring, appliances, you name it. So, I opened my wallet and I figured I should be set for awhile. Boy, was I wrong! My dishwasher is on it's third recall and it really hasn't been doing a great job since the first. I laid my washing machine to rest in the spring after a few repairs had only temporarily prolonged its miserable life. The other day, I went to broil something in the oven only to find the element ice cold. My wife kindly informed me that the broiler setting "hasn't worked for years" (Must be related to my neighbors). Seriously though, it's crazy. Nothing lasts anymore and what's worse is it is by design.
I usually never buy the extended warranty on my electronics or appliances mainly because I think it's a scam. I mean, if something is a piece of crap, it usually will start off as such and the manufacturers one year warranty will cover it just fine. But alas, even I got suckered in when I bought my TV 2 years ago. I took the extra coverage for a couple of hundred bucks and I have to admit I felt pretty good about not having to worry if any problems should arise. So, the other day when I was watching the game I noticed a faint greenish line going across the screen. Not to worry! I have my extended warranty. I can get the guy out here to give it a look and it won't cost me a dime. Um, yeah too bad the company went out of business and that piece of paper I have is useless.
My point (if I must have one) would be that no quality is put into anything we buy anymore. Everything we buy is designed to breakdown as opposed to when our parents bought stuff that was made with pride and care and couldn't be killed. It was only a few years ago I remember lugging my mom's old gold refrigerator up from the basement and out to the road. It wasn't even broken it was just too damn ugly to keep. Even the light bulbs are against us. I swear, a week doesn't go by where I am not changing at least one light bulb. And no I won't use those hideous spiral looking things. They give me migraines. So, I guess we just have to get used to it. Everything is disposable,and it doesn't pay to get it fixed when you can just get a new one. In fact, the manufacturers don't want you to get your stuff fixed they would rather you just buy new appliances every 5 years or so. I guess I can't fault them for that I would probably do the same.
The bottom line is don't buy the most expensive item in the showroom. Price is no guarantee of quality. Don't waste your money on an extended warranty. The redemption on these averages about 10%. And finally, don't get rid of your old items if they are in working order. Get every penny you can out of your purchase.
And a big sorry to all you FOX newsers and CNBCer's who were salivating at the thought of waxing political. I keep those kinds of views to myself ;)