S&P downgrades US bond, but Adele is going country....so stay calm

I am iterating a constant stream of four lettered words right now. M#$%^# F#$%^r.

Well, at least my vocabulary has grown.

On a related note, it would seem to me that this unequivocably one of the worst things to happen to global finance and especially the little guy in the last 70 years. Millions to billions of people will wake up Monday to mutilated retirement savings and 401ks. People might lose their homes and people will definitely lose their livelihoods. Why the hell do I care that Adele wants to take up country music? CNN, yeeesh...get with it.

I hadn't intended for this blog to focus on global finance. I really just wanted to chat budget and pretty things and how to deal with bad bosses and low cost everything.

I don't think anyone needs to me to remind them of what most people can plainly see. We are still in tough times. I think a lot of us knew that these times were a lot tougher than we were led to believe.

That said, I felt it would be remiss if I didn't post the downgrade here....if not just as a reminder of what happens when someone thinks you can't pay the interest on your debt.

Major Debt milestone

My student line of credit, acquired and used since the early 00s, is back down to its 2000 level today. I have successfully put 22K towards the debt acquired during my early student years since August 2008. I'm a third of the way out of student debt, and I'm still in school. At some point I'll sit down here and explain how I've been reducing my debt.

Since the National Debt Bill Vote is making me nauseous with anxiety AND NYC is under a severe-weather/tornado warning tonight, I've decided to deal with that circus by watching Mad Men on Netflix.

This is the exact opposite attitude I take towards my own finances and politics in general. I have rationalized this night of a$$-sitting and Don Draper-watching with my own debt-reduction success.

There will plenty of pre-market freak out to watch on tv while at the gym this weekend.

Americans finally care about the national debt

...or so it would seem. While I'm sitting here pondering what the remainder of my adult life might look like should it be spent in an economic depression and a little pi$$ed that we are facing a second severe economic crisis in three years, I'm choosing to see the Capitol Hill server crash as good news. Good. Give a s#$%. This matters.

Now what the hell are we going to do about it?