Depression is prolly inevitable anyway

[Juan_Bottom]

So seriously, what are you doing to prepare? You know that if the best happens we'll be in a hard recession...

I've seriously spent everything I had on food. It wasn't much though. I have a good amount of tackle ready too because I love to fish, but I have no hunting rifle anymore because I'm a dirty dangerous felon. I'm trying to get ahold of some heritage seeds, but they are waaayyy expensive. And I really don't have that many canning jars.... I also wish I could afford to stock up on other things like soap. Another thing that sucks is that I had to sell my wood stove like 2 years ago. Even in a depression, I should have work since there is are two egg farms over the hill from me. I have refused to work there for political reasons... but I may have no choice.
My main concern is to get the rest of my family on board. For some reason they think I'm crazy.... But that's coming from people who don't follow politics in the slightest. The worst of it all is that we are so poor already. I asked my uncle what he is doing, and he said that he's banking his money so that if the stocks crash, then he can buy a bunch of stocks at a cheap price.... I've decided to let him starve...
I'd rather act paranoid than be unprepared. But I live in the country and I was raised that way. Any prepertions are only going to make my life easier. But I'm very curious as to what you're all doing?

[Pedronicus]

I had to sell my wood stove like 2 years ago.....
But I live in the country .

Why the hell would someone living in an area surrounded by trees, be forced to sell a wood burning stove? This is great planning Juan

[Juan_Bottom]

I had to sell my wood stove like 2 years ago.....
But I live in the country .

Why the hell would someone living in an area surrounded by trees, be forced to sell a wood burning stove? This is great planning Juan

Hey, I didn't have a choice... I needed some money for my lawyer or he was gonna put a judgement on me! I had planned to get another one... but now I just can't afford it. If I come accross a cheap used one anytime soon, I'll do what I can to acquire it though. I've got a Pete Rose rookie card...
We still have a regular furnace, and hopefully the government will put a cap on energy costs and refuse to let us get shut off, in the event of mega inflation. I really thought I would have more time.... and a part of me didn't really believe things would ever get as bad as they're saying things are.

[heavycola]

I had to sell my wood stove like 2 years ago.....
But I live in the country .

Why the hell would someone living in an area surrounded by trees, be forced to sell a wood burning stove? This is great planning Juan

Hey, I didn't have a choice... I needed some money for my lawyer or he was gonna put a judgement on me! I had planned to get another one... but now I just can't afford it. If I come accross a cheap used one anytime soon, I'll do what I can to acquire it though. I've got a Pete Rose rookie card...
We still have a regular furnace, and hopefully the government will put a cap on energy costs and refuse to let us get shut off, in the event of mega inflation. I really thought I would have more time.... and a part of me didn't really believe things would ever get as bad as they're saying things are.

Depends who you listen to; in a way it seems weird that things are carrying on like normal everywhere, except on TV where the end of the world is nigh. The Mirror (a shit newspaper here) published a column the other day: best-case scenario and worst-case scenario... worst case was that we all end up living in violent, law-free, crumbling cities, foraging for canned food and killing each other. Best case - a mild recession for 6 months
There's a lot of middle ground but I guess caution generally and forward thinking is probably sensible...

[jbrettlip]

IN the last depression, I believe there was price deflation. If no one is working, no one is buying, and costs drop. If USA economy goes into a depression, we will drag the world with us. Oil will go to $30 a barrel, and Dubai residents will no longer get to ski in on an indoor ski slope.

I think you are probably overreacting a bit.

[Juan_Bottom]

Most of the advice that I consider trustable is telling people to be prepared to be unemployed for 6 months to 2 years. I have heard forcasts for much longer of course..... Robert Rice (Obama's economic advisor) has said that if the economy goes, it's going to go hard, and quickly. He said to be ready for a 7 year recession. BUT! Then on "Late Night With Conan O'Brian" (I'm not making this up) he said to be ready for depression. He backed that up by saying that today the top 1% of America's rich control 20% of this nations total GNP. In 1980 the top 1% only controlled 8%. It has only reached 20% GNP one other time in our nations history, and that was 1929.

And that is ignoring Dr. Ron Paul who said that we are facing a depression that will dwarf the Great Depression.

I would rather sound a little crazy and be prepared, because it's always better safe than sorry.

IN the last depression,

7 million americans starved to death. And that was when 30% of the country were COMPLETELY self suffecient.

I believe there was price deflation. If no one is working, no one is buying, and costs drop.

This is exactly what I'm afraid of.

[jbrettlip]

I thought you were scared of Mega-inflation? Now you are scared of price deflation?

oh well, we will just have to wait and see what happens. Once Obama makes this country a socialist republic, we will have a bunch of new worries. But at least the illegal immigration willl stop. Of course, people (myself) will be trying to sneak OUT of this country. Unless the Texas Freedom Fighters are formed.

[pimpdave]

I am having difficulty reading through this entire thread. Let me go put on my top hat and monocle, and I'll come back to it later.

[heavycola]

And that is ignoring Dr. Ron Paul who said that we are facing a depression that will dwarf the Great Depression.

I bet they're wishing they hadn't named it the Great Depression now. Big Depression would have been better, because otherwise what do they name this one? And what was so great about the last one, anyway?

[Skittles!]

Perhaps they can call this one the Great Big Depression?

[apey]

Cool so juan should have enough for the rest of us to come crash at his house

[black elk speaks]

I have 2 rifles, a 12 gauge, a pistol, and a stick bow (traditional style native American) plus poles for fishing. We have a fireplace, but I fear that civil unrest will push my family out into the wild where I intend to scratch my living out of nature. I am stock piling a small amount of gas, while its cheap, so that if trouble hits in the middle of an low gas tank, I can get out of town and close to wilderness.

My internet browsing has found me to believe that the economy is about to collapse and that the world is about to or has already begun to hit its peak oil production. Things are only going to get worse from here on out, especially when our presidential candidates are status quo junkies like every other president I can ever remember.

[pimpdave]

Yeah, I mean like, what's so civil about war anyway?

[Juan_Bottom]

There is some hope... I heard on ThePowerHour this morning that some banks are actual refusing to go along with the governments bailout plan. Also, there is a watchgroup who have taken out a lawsuit against Congress because they have no authority to authorize the bailout. They are also alleging insider trading or whatever because CashCarry has only been out of business school for 6 years.... yet has one of the greatest responsabilities of all time.

Plus, several nations are refusing to go to the big financial meeting. Maybe depression is avoidable?

Cool so juan should have enough for the rest of us to come crash at his house

How much do you weight? If you're under 280pounds I think I have enough food for you... but no one else really... You'd prolly be better off with BES since he has the firepower to take food from other people...

[apey]

I have my own fire power
so if me and my family come kick it with you we can still take food from the rich and fat

[Juan_Bottom]

I have my own fire power
so if me and my family come kick it with you we can still take food from the rich and fat

In that case you can take my room and I'll take the couch.

[Juan_Bottom]

We The People files lawsuit to stop AIG bailout
http://blogofbile.com/2008/09/18/we-the ... g-bailout/

I'm listening to the WTP chairmen discuss the lawsuits on ThePowerHour right now. He's very, very serious.

[pimpdave]

Yeah well you know, the government doesn't really have the authority to regulate alcohol or drugs according to the Constitution either...

[apey]

So what your saying is I can go smoke a joint i\on the court house steps and declare it my constitutional right
that settles it i am no longer depressed