I'm really not a negative guy, I tend to see the silver lining even when bad shit starts to happen. But there have been some Macro Economic bad news and some person (financial) bad developments that have been concerning me recently. Let's start with some Macro Economics
The god damn debt ceiling needs to be raised. Period. The Democrats and the Republicans need to come to a compromise and raise the debt ceiling. I can not express in words how terrible a National Default would be, some of the awful shit would be 1. the United States losing it's reserve currency status 2. an increase in interest rates that the government would have to borrow at 3. the loss or temporary suspension of payments of Social Security would be crippling to a lot of Seniors. The cost associated with a default would be astronomical, it would be passed on for generations. Both parties need to compromise and work a long term solution, my great fear is that the Republican party would rather default than compromise.
I bought a rental house in Saint Louis last year, my tenant has failed to make his last 3 monthly rent payments. My management company was going to move to an eviction when the tenant told us he would be out by July 6th. Well, my management company went to the house last week and it was occupied by SQUATTERS who threatened them. Instead of calling the police, the management company fled the area.
I took it upon myself to protect my property. It's obvious that the management company is not being proactive. I called the St. Louis Sheriff's department, they did 2 area checks of the property today and found that the property is vacant, but there were blankets in the basement. Tomorrow, first thing I'm calling the management company for them to immediately change the locks. By leaving the property the tenant has forfeited his leasehold estate, I will take every action legally possible to protect my property.
Finally, Sunday in Downtown was beautiful. The weather was perfect so I opened my big loft windows to let in the warm air. I've been keeping them shut in order to avoid the wrath of the downtown mosquitoes. I figured I hadn't been bite by an insect in 3 weeks so the bugs had left the area. I even shut the windows once I went to sleep (thinking I could avoid the bugs that way). Well, I woke up with over 20 mosquito bites on my upper arms. I've turned myself into a mosquito buffet.
whoa.
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