MF Global, Greece, Eurozone Collapse, Fed Bailouts, Fast and Furious……
On Thursday, December 8th, 2011 at 7:47 pm, No Comments »
Plenty of great headlines lately. If I had the time, I would show how all of these disasters or whatever you want to call them are related in detail. We run from one crisis to another without room or time to catch our breath. Greece to Italy to the IMF to Germany bailing out Europe to Germany not bailing out Europe to Fast and Furious to MF Global to 45,000 jobs being cut at BOA to the Fed bailing out Europe to Sharia Law in Libya to drones being shot down in Iran to Israel being trashed at every turn.
Remember that the news has not covered the fact that droughts and floods have put enormous pressure on the global food supply. Now add in $100 per barrel oil which will soon go higher and food (which is already seeing huge inflation) is about to skyrocket. I found it amazing that if they had never changed how inflation was calculated back in the ’70′s, people receiving SSI would be getting almost 3 times what they receive today in benefits. The most ironic part of all of this is that the only thing the “super-committee” agreed upon was how to re-calculate inflation again turning the screws even tighter on those who depend on that figure the most.
If you were unlucky enough to watch any congressional hearings today, you most likely had your jaw hit the floor when you heard our attorney general exonerate those who lied and when Corzine said that he could not possibly know where the money is since he did not really deal with that part of the business all that much.
Put all of this together and one will see that it is “way past midnight”, to quote a friend. These folks have figured it out. (at least part of it)
Read history. Read your bible. Read and collect “how to books” on every topic from gardening to soap making. Get in shape. Teach your children what is important. Buy some hand tools. Develop necessary skills to make you indespensible. Reach out to those who might have a clue. Pray for those who don’t.
Again, I love this quote…”act like a prepper and panic now – avoid the last minute rush.”
God Bless -
