I know you were kidding Ed, I'm really speaking in broader terms. I've heard that statement many times from many different people, and I've always thought the same thing. I think there are quite a few people who have a 72 hour kit, and those people might not have a gun, or if they do they might not have much experience with it. From what I've learned, however, a 72 hour kit won't be sufficient in a major disaster. The likely response from FEMA and our neighbors will probably be much longer than 72 hours, so those people will be shit out of luck just like everyone else after their kit has exhausted itself. It's the guys who have planned for one or two weeks without outside assistance that will be stocked with guns, ammo, and generally a good understanding of how to use them.
I've seen these before. It's just a ploy in an attempt to get you to buy his stuff. And as a side note, I love how much he toots his own horn "Well, according to myself I was right once, therefore clearly I will be right again"
I never said it was for the collapse of America. Actually it's more for natural disasters, like earthquakes and such. You know, like when super markets run out of supplies and the trucks can't get through for a few days? I might never have to use it for that, so in the meantime it will provide me with fresh, organic fruits and veggies. But I'm glad that I can provide you with some entertainment.
Corporations have record profits this last year and we are headed for a collapse...was Marx right then? When the capitalistic beast gets so strong that it bleeds the government dry through endless lobbying to lower taxes, get subsidies for just about everything, and create tax loopholes it threatens the very security of the nation. We have reached that point, especially with the Bush bank bailouts, and then the follow-up bailouts by the current administration. Greed has taken away our ability to educate, employ, and house our citizens. Pretty sad.
I've got a friend of FB who posts about every third day about his growing stockpile of guns, ammo and (to a much lesser degree) food. I mean I seriously think the dude has dropped upwards of 30k on the Armageddon. He's got 30k in guns. I've got 30k in the S&P500. I wonder which of us will look like the smarter investor a decade from now.
Originally Posted by Ed O Do you wanna know what you should invest in if you think things are going down the crapper? Guns and ammunition. Fuck gold and canned food. Ed O. In addition to self-defense concerns, guns and ammo will provide years of food if necessary, and a bow or knife will provide it forever. As far as actual investing, weapons manufacturers and defense industry giants are the usual profiteers in these situations.
Says the realtor. I've never met a realtor who ever advised me it was a bad time to invest in real estate.
The marriage of big government with big business and big unions is killing this country. Big business is privitizing gains and socializing losses. Unions--especially public ones--are sucking this country dry. Both keep people in power in government to perpetuate draining the rest of us.
I posted this pie chart in another thread, but there's something relevant in it to this thread. We're already at a $1.4T deficit with this level of spending. Look at the yellow "Interest 187 5%" slice. The fed has been monetizing debt by printing money and using the dollars printed to pay off T-Bills. The debt is artificially lower than it looks like on paper, for one. The interest rates are ridiculously low, for two. And $1 a year ago is worth $.92 or so this year. At some point, the people buying T-Bills are going to want to spend $.92 to buy $.92 worth of T-Bill instead of spending $1 to get $.92 worth. To entice people to keep buying the bonds, to make up for the $.08 built-in loss, the govt. would have to offer higher interest rates. At 2% interest rate, that "Interest 187 5%" becomes "Interest 374 10%" and at early Reagan era levels, it becomes 50% of a HUGE HUGE HUGE budget with much less left to spend on the other things. At Jimmy Carter levels, it becomes 100%. Tick, tick, tick.
