references and related references. The Reformed Theologeon is to lead by
teaching God's Ordinance of Labor. There is no free ride, Work is the only
legitimate avenue to eat. Each individual is in the end run responsible for
themselves. The debtor is slave to the lender.
I am convinced. This is not the only individual concerned, I have been
persuaded by six months of research and about two years of intuition. I am
aware of the personal ramifications and have done what I can. But again, a
loyal friend warns his friends of impending danger. The unemployment rate
has been over 20% for about two and a half years when those who have given
up are included.
It is incumbent upon us with minds to serve where possible. The rich who
hold the bulk of their assets and asses in paper will be even more screwed
than those of us who are used to empty wallets and beans.
Warren Buffitt has been buying railroads then taking them off the stock
market and Ted turner now owns a land mass about the size of Iowa for a
reason. Land and transportation will shortly be the only truly valuable real
assets. Whisky, coffee, gasoline, wood, dried and canned food will be the
currency and backpacks to hold those currencies will replace wallets. You
are correct, this nation is and always was great. But the great depression
happened and we call it's survivors "the great generation". What will the
future call us?
I listened to the president's denial letter given today. After recovering
my constitutionals over being denied the ability to absorb our beloved chief
executive's mindless pabulum over the air, I went to the link below and
discovered that the bulk of His glory's staff is even more challenged than
he. No one yet comprehends that a 4 Trillion adjustment in the income to
expenditure ratio will make one shovel load of shingles worth of difference.
While both Rush and WLAP were fundamentally as correct in observing that
cutting government size for a short term salve is best as they were
incorrect in letting me listen to the ripping moron himself, nobody even
came close to addressing the problem that our nation has been for about two
and a half years in bankrupsy and the credit line is maxed out.
All his munificence did today was snatch the final nail out of every other
moron's hands and drove it into the economic coffin himself. Several leading
economists including Warren Buffitt predicted that some event would occure
either by action or inaction to trigger the first steps of hyperinflationary
depression this spring and Obama lovingly obliged. Reduce dependency on
offshore oil? The problem will be solved when nobody can afford gasoline,
the supply demand economy will see to that. Government health care? I am
blind and choose to pay cash rather than use Medicare so I can be treated
with dignity at the doctor! Pay for education? I busted my ass and paid for
my own bachelor's and Master's degree? Was I luckier than most? No, I was
not. I am blind and I believe in work. Work, work!
The problem now is that we have gotten so used to deferring responsibility
to government and thereby also transferred up the chain of command our
personal sovereignty, that we can no longer blow our noses without a
prescription, a waiting period and three signatures from a social worker.
What are we going to do when the now exponentially growing hyperinflation
dries into oblivion the purchasing power of the dollar and our government
simply goes poof! The store shelves will empty, the gas pumps will run dry
and the power will fail and stay that way until some hearty individuals
decide hey I had better go to work today even if my pay isn't worth canola
or my family and I am as dead as the morons who died in the food riot last
night.
The point is that personal sovereignty and responsibility are coming back.
People with a voice need to decide whether that happens in good order or
violently. Obaminomics just voted violence. What do we say? It is time to
not just man up, it is time to smarten up. The bottom is, not will be
falling out. where is the Foresight, where is the foresight.
http://www.Whitehouse.gov/live
You are correct in your general perspective. The great
> depression was the
> lowest point for our nation in history. The boom of the
> nineties was a huge
> tidal wave. But remember this, the economy was doing just
> great , better
> than we are right now, less than six month's prior to the great
> depression. The Nazdak crash happened with a two day warning.
> The fundamentals are still there. The interest on the
> national debt will
> exceed the gross domestic product in less than three
> years. When that
> happens, the nation will no longer be able to service the debt
> by borrowing
> more money. with a 100% tax rate and the elimination of
> the entire
> government, we will still be in the hole. Listen to the
> presidents speech
> today. I don't know how honest he will be, but I do know
> that for the past
> year the government has been printing redbacks at full throttle.
>
> Again, this is my attempt to warn those I love of coming peril
> as a
> concerned friend. You are intelligent. Google the
> terms national debt,
> gross domestic product, hyperinflation, depression, and economic
> collapse. Read and learn.
I know this is quite a read. But every forecast
> this man
> > has made has thus
> > far come true right on target. We are now in
> April of
> > 2011. Beef is now
> > three times as expensive as it was a year ago and fuel
> is now
> > three times
> > the cost. The last time was because of bad speculation,
> > which can recover,
> > this time it is because of currency devaluation, which
> can not
> > recover in
> > this decade. I have read over thirty articles on the
> > matter thus far and
> > all put the crosshairs on mid 2011. Between now
> and October.
> >
> > IF WE ARE TRAVELLING: I have little concern for
> my own
> > well being. Let me
> > get stranded. But I will not be separated from
> those I am
> > charged with
> > protecting or fly them to a place where we have no home and
> > thereby strand
> > them.
> >
> > Listen to me and listen well. You have a widely varying
> > opinion of my
> > nature. There are those who simply dismiss me
> because of
> > reasons I will not
> > elaborate on. Since they will not heed my advice,
> I have
> > no responsibility
> > when they crash and burn. But those of you who
> know me
> > well also know that
> > my paths are guided by foresight, planning and hard earned
> > wisdom. those of
> > you who know me very, very well have trusted me with
> major financial
> > decisions, your families and even your very lives and
> you have
> > profited from
> > this. The economy is about to go KABOOM, and I do
> not want
> > the people I
> > love who can understand this to be sitting there like a
> bunch of
> > babbling idiots because I did not warn you.
> >
> > Granted, I have made a few, and a very few major
> mistakes in my
> > life. I
> > plead with God that this is one of them, but for now I am
> > convinced. That
> > being said, the economy will collapse in this sequence:
> >
> > 1. Non essential or luxury service industries.
> > 2. Luxury travel industries.
> > 3. Non Essential or non immediate health care
> > 4. The manufacturing base for durable goods.
> > 5. Service industries for irreplaceable durable goods
> > 6. Essential medical services
> > 7. Essential transportation services, excluding
> bicycles > and feet.
> > 8. Extremely essential services like electric, water,
> > sanitation, clothing
> > and food delivery.
> >
> > Banks and hospitals will randomly fail through the
> > process. The more people
> > depend on you to survive, the better off you are.
> Work and
> > save to survive,
> > spend and borrow to die.
> >
> > If you work for the government and are not a police
> man, fire
> > man, soldier,
> > doctor, utility or sanitation worker, plan on losing
> your job
> > about the time
> > the first essential services fail.
> >
> > Your debts and your paper savings will vanish when the
> bulk of
> > the banks
> > fail or when the government starts issuing red currency.
> > WARNING: The
> > treasury service is believed to have been printing redbacks
> > since last
> > summer. Your home will be paid off, you will owe no
> > rent. but you will
> > have no money. But if you can nail boards
> together, pick
> > tomatoes, treat
> > the flue, fix broken plumbing, wiring or computers, you will
> > have food.
> >
> > Keep your sanity about you and you should
> survive. The
> > infrastructure will
> > rebound quickly, even if it does fail. The
> streets will
> > become safe very
> > quickly because the police forces will grow ten fold staffed
> > mainly by
> > volunteer deputies.
> >
> > Prepare for this much like you would prepare for a natural
> > disaster. Stay
> > where you are, have plenty of non perishable food, a
> good water
> > supply or
> > knowlage of water purification, essential medicine and warm
> > clothing. Get
> > used to not having air conditioning in the summer and
> shutting > off the water
> > over night and when travelling during the winter. Drain
> > the plumbing system
> > when a hard freeze is forecast and you have no power.
> >
> > If work presents itself either in exchange for cash or
> > commodities, take it.
> > I am above no form of work and neither are you. Unless
> > your doctor has told
> > you to "lose weight or die", such as in the case of heart
> > disease, stay fat
> > for a little while longer.
> >
> > And most importantly, remember that the crowds are crowds
> > because they are
> > stupid. Do not join in on food riots or bank rushes.
> > That is a very good
> > way to get shot.
> >
> > Right now, start spending money on things that have
> sustainable > or barter
> > value and have your transportation, home and clothing
> in good
> > supply and
> > good repair. Remember that when the 1929 crash
> happened, > most of the morons
> > died within the first six months. The rest
> toughed it out
> > for a decade and
> > survived. The Church building will be paid off,
> but have
> > no power. Put
> > hinges on the windows. Since Church and shopping
> are all
> > day walking
> > events, plan well and make a whole day of it, just like
> in the
> > Waltons or
> > little house on the prairie.
> >
> > Remember this too. Our communications
> infrastructure is
> > vastly superior to
> > and requires electricity to operate more so than did
> the communication
> > infrastructure of the great depression. It will never
> > entirely fail and
> > will bounce back the minute the power comes back on.
> >
> > I hope every one of you calls me an idiot in about two
> > years. But for now,
> > there it is. Read this article and study
> up. This is
> > Warren McClendon
> > talking. I warned you. I will sleep well tonight
> > having filled my
> > responsibility. I love and respect each of
> you. This
> > is Warren McClendon
> > talking. Ignore the political slant of this author.
> > The bulk of articles I
> > have read and posted have been by obvious fiscal
> > conservatives. But this
> > dude just put it all so very well.
> >
> >
> > Live Long and Prosper,
> >
> > Warren
> >
> > http://pix.cs.olemiss.edu/depress
> >
> >
>
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