It's a short one tonight, folks, as I have a lot to do this evening. But I wanted to share a few things with you to discuss with your friends tomorrow at lunch and over the weekend...
Harrisburg, Pennsylvania's city council voted earlier this week to declare bankruptcy. No joke. A town of 50,000, Harrisburg has struggled financially for years. The economic downturn certainly made their problems much worse.
Query: Is this an anomaly? Or a harbinger of more cities and states to declare bankruptcy/default on their bonds?
And who did CNN interview to discuss this? Why Meridith Whitney, of course, who I have mentioned in this blog on at least one occasion in the last thirty days.
The world's perfect food - peanut butter - will soon rise sharply in price in the next few weeks, according to a number of sources today. A number of factors contributed to this, including a lackluster peanut crop. Frequent readers know inflation has been creeping into our food prices for quite some time now, which no doubt contributes to this as well.
I'm a PB addict. George Washington Carver should have his own holiday for creating it. In addition to being hella-awesome, it's a fantastic emergency food - packed with lots of protein and fats for energy. I recommend people stock up on it.
As such, I will be stocking up at Costco/Sam's this weekend in an effort to hedge against higher prices. You should too.
I passed my written exam for the CHL instructor class today. Tomorrow, it's off to the range to qualify with the revolver and the semi-auto.
Quote of the day from the instructors (in reference to when husbands and wives shoot together on the range): "The wife will always smack that boo-tay [of her husband]."