Saturday, July 30, 2011

Debt Ceiling Deal Reached?

Looks like a debt ceiling deal is reached.

Read the link for the details, but I'll add that this whole drama seems to have come to its inevitable conclusion. We all knew a deal would be made at the last minute by our heroes in Washington DC, right?

And a committee to recommend spending cuts sometime in the future? Priceless! That will never happen, but it gets us to the next crisis, right?

Speaking of spending cuts, on a personal note I have decided not to buy a $1 million dollar home, and instead buy a $500K home. That leaves me with $500K in spending cuts, that I can use about $150K of to buy a new car and a boat, and put the remaining $350K in the $QQQ for monday's market open.


Party on!

blog comments powered by Disqus