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Sunday Reads: It’s Getting Close Edition

by Darwin on July 17, 2011

We’re now less than 2 weeks from when Uncle Sam apparently runs out of money to spend if the debt ceiling isn’t increased (here was my prediction on the debt ceiling vote from 6 months ago – to too far off, huh?).  Anyway, equities continue to basically shrug off a potential disaster, figuring there will be some sort of fix in place by Aug 2.  We’ve seen the expected pissing matches between both Democrats and Republicans – no touching the entitlements which are bankrupting the country and no raising taxes, which as much as I hate to admit it, have to go up eventually to even make a dent in our debt and obligations.  My prediction?  A completely inadequate “kick the can down the road” vote will break the impasse and both sides will declare victory.  Until we need another increase.

Here’s some Sunday reading in Personal Finance and Investing from my favorite blogs:

Burning PlatformThe Unforgiven

Financial SamuraiThe Mid-Year Review

Sterling EffortShould Investing be Scary?

Money MambaIf I had a Million Dollars

My Journey to MillionsConservatives vs Liberals…

MonevatorHow to Live off Investment Income

101 CentavosThe US is Going Greek!

Oblivious InvestorHow to Figure out the Cost Basis for Inherited Property

 Carnivals that Featured My Content:

Carnival of Personal Finance

Canadian Finance Carnival

Festival of Frugality

Carnival of Personal Finance

 

{ 2 comments… read them below or add one }

101 Centavos July 17, 2011 at 8:14 am

Honored to be included, Darwin. That’s a fascinating article @ The Burning Platform, I hadn’t read the series. The best part of it is that it’s the last part of a five part series. It’s going to be a great three-cup settle-back-and-read morning…

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Darwin July 17, 2011 at 9:54 am

Funny thing about that blog – I met the blogger at a Christmas party right in my neighborhood last year. We had no idea we were each living around the corner from a fellow blogger!

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