The current federal debt ceiling debate is running 24×7 through the financial media. A retired friend I went biking with last week seemed pretty caught up in it. He said he was keeping money out of stocks & bonds in case things “got real bad.” No surprise he felt that way, given the way it is being reported in the hysterical media. The financial press … Continue reading Debt Limit Hyperbole
Mr. FireStation has been tied up with a family emergency over the last week. Coincidentally, regular reader, “Klaus” Wentzel offered to step in with a post, which was great. Klaus and I have never actually met in real life, but he often shares very insightful comments. This post is based on one of his observations from a couple years ago that is relevant today. Thanks, … Continue reading What is Your Household’s Largest Budget Item?
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