Wednesday, January 19, 2011

Home for sale by owner

Helping a brother out here, literally -- my brother and sister-in-law are putting their home up for sale with an eye toward a move from southern Missouri to Wisconsin. A little link love is always good for the, um, soul, right?

I've been in this house many times, and if it was mine I wouldn't let it go. It's well-constructed, well kept, and sits on 10 acres ideally located in just about every way -- a few minutes out of Marshfield where groceries and sundries are available (and if you have kids and do public education, one of the better such systems you'll find), perhaps half an hour (mostly freeway) from Springfield if you're looking for nightlife, culture, fine dining and so forth.

So, if you're looking for a country home in the Marshfield, Missouri area, this is your lucky day.

Monday, January 17, 2011

A brief note to the US government's creditors

To whom it may concern:

The United States Congress is currently engaged in one of its periodic debates over raising the "debt ceiling" (the total amount of money it "allows" itself to be in debt for).

I'm nearly 100% certain that Congress will "allow" itself to borrow more money.

If you're thinking about loaning them some of that money, though, you might want to reconsider.

The collateral underlying US government debt is the notion that I'll pay you back the money they borrowed.

Three words: Ain't Gonna Happen.

If 435 US Representatives, 100 US Senators and a US President borrow money from you, then so far as I'm concerned they're the ones who get to pay you back.

Those 536 individuals are already extended to the tune of $14 trillion, or (math in my head time) somewhere in the general neighborhood of $25 billion each.

If you think that those 536 people have, on average, assets worth in excess of $25 billion to collateralize/cover their existing debt, with stuff left over to make you comfortable that they'll pay back new debt, by all means loan them all the money you're comfortable loaning them.

If you think I'm going to pick up their check, though, let me repeat myself, just so you can't claim later that you were unaware of it: Ain't Gonna Happen. I didn't borrow the money, they did. I'm not going to pay it back, which means that either they're going to have to pay it back themselves or that it isn't going to be paid back (three guesses which one).

So you might want to look into legitimate investment opportunities instead of the US government's fly-by-night scams. I'm just sayin' ...