JohnGaltFLA's latest is worth a read prior to the Christmas get-togethers with friends and family.
Folks who aren't stashing food, ammo, water purification gear, heirloom seeds, meds, hand tools, and trade goods had best get hopping.
And retirees?
Their pensions are likely toast in many cases.
Really.
Rig for storm, folks.
2011 will feature the return of many economic chickens to the roost, coupled with the angry thrashings of a wounded narcissist and his minions.
"60 Minutes" spent their other half hour talking about research into autobiographical total recall prodigies who can remember everything they've ever experienced their whole lives. Then Andy Rooney said he doesn't understand people who want to buy celebrities' personal items at fundraisers.
ReplyDeleteThey're just pinging us a little so we won't come back after the Collapse and ask why they never said anything.
"We did too. See? December 19 last year, two whole weeks before the New York Stock Exchange never opened again January 3rd. So there."
The means to produce.
ReplyDeleteThe means to defend.
All else is extraneous.
Justin
Don't forget traditional incandescent light bulbs.
ReplyDeletehttp://www.investors.com/NewsAndAnalysis/Article/557310/201012201819/DC-Dim-Bulbs-Outlaw-Edisons-Greatest-Gift.htm
I've already resigned myself to never seeing my pension. It was quite liberating, actually.
The media company I used to work for will probably not exist in 2020, much less 2027 when I'm eligible, and all its assets will have gone to pay off massive debts and the pensions of the executives who flew it into the ground.
Yeah, I have no chance at a pension, but at least I have no job security.
ReplyDeleteIf a person or committee were to consider ALL of the options for taking care of pension obligations in the same spirit that the Pentagon makes contingency plans, they would include not just default (which would include revolt and many deaths of elites) but intentional mass-depopulation of the people owed pensions.
ReplyDeleteStalin had a famous quote that applies to the issue of people wanting/claiming pensions when there is no money: "No Person, No Problem".
It was difficult for passivized civilians to defend against this strategy.
Cheers.