Posted on 11/06/2012 7:23:54 PM PST by zeestephen
Santa Rosa County in the Panhandle still has yet to report. Gave McCain 35,000 vote margin in 2008.
If he got all 35,000 he’s still short of Barry by 2.5K
Unfortunately only 64% of Miami-Dade county is reporting.
According to Google, Gary Johnson might be causing Mitt to possibly lose Florida:
http://www.google.com/elections/ed/us/results
Local reports here indicate people are still in line way past poll closing time. ........
According to Google, Gary Johnson might be causing Mitt to possibly lose Florida:
http://www.google.com/elections/ed/us/results
The Russians will be camping out with their subs off the coast all the time now, and I can only hope they get brave and look to take out the DC area..
Don’t forget the absentee military vote. In 2000, there were 3,000 ballots that eventually were approved for tally (Harris held to her original election night count since they were not needed for certification but the Florida Supremes DID approve them).
Not relevant. I’ve said for a long time that the problem is not Obama. It is the electorate. I don’t care who wins. The problem is that it is this close.
We are in for some VERY bad times. I bought my small farm in central Kentucky two weeks before Obama was elected. This is more significant than that election. If Obama wins, the US has just gotten a one two punch. If Obama wins, it is no longer the US as we all knew it. If he loses, we only got a four year reprieve.
It’s all about preparing for the collapse now, no matter which side wins.
Embrace big government. Any other attitude is dreaming.
Agreed completely. If freepers haven’t already, there is still time to get assets out of the US banking system and into hard assets and well-run offshore banks. No, you do not need to have wealth on the Obama or Romney level to have assets offshore- but I would not recommend Switzerland or the Caymans.
I belong to three teachers’ unions. I can’t imagine how much of my dough has been spent on Dem candidates.
If we can’t win with this jerk at the helm, when will we?
When the Democrats put up a white person.
Please tell us what to do...
For me it is all about “usable” real estate and precious metals. Nothing else.
With one caveat. Assuming Obama wins, when the inflation really kicks in, commodities and stocks will inflate before collapsing.
Will the last American please turn out the lights?
Is there an off-shore assets for Dummies book available anywhere?
The lights will go out on their own accord. No one is left that are able pay for them,
“it is no longer the US as we all knew”
Our founding fathers would hang their head in shame as to what we have become.
“I don’t care who wins. The problem is that it is this close.”
Agreed. I was appalled the election might only be a 55-45 split for Romney. But even if Romney wins, it will be by such an incredibly tiny margin after 4 years of insanity that there is no excuse whatsoever!
A country can only flip off God for so long before judgment falls.
Santa Rosa results:
Romney
53,835
Obama
16,237
Not nearly enough....sad, really sad for America.
Thanks zeestephen.
I’ve not seen an “Offshoring Assets for Dummies” book, mostly because there isn’t a formula for doing it if you are of relatively modest wealth. If you are wealthy, then most financial advisers that cater to high net worth clients would be able to help you.
Why do this? For myself, it comes down to the fact that I no longer trust the US banking system. This is not due to a fixation with fiat money, but rather with Fed policy and the collapse in economic liberty in the US. I think it’s more likely than not that the US government will impose capital controls in the future. At that point, there will be no practical route of escape from Obama-style rule, no matter how much you hate it.
Many banks in other countries do not want to do business with Americans, due to the regs they must follow as a result of international “money-laundering” treaties. So it helps if one can secure a second passport. Some countries (e.g. Ireland) offer them to the children and grandchildren of emigrants. If you can present yourself as a non-US citizen, it will be much easier to open and maintain an offshore account.
If this is not an option (my case), then you need to find a bank that will still accept assets from Americans. Obviously, you must select a sound bank in a country with little political and economic risk (Chile, Belize, and Singapore come to mind). You will want to follow all US tax laws to the letter. Note that some jurisdictions have very strict secrecy laws, and routinely deny the US access to financial records. These are the best ones! Although it will be entirely up to you to comply with tax laws, you will want to follow them to the letter as long as you are a US taxpayer.
I’ll see if I can find some of my research on these options.
I also agree with cuban leaf that hard assets/commodities, and even stocks, will perform well in nominal terms before the ultimate collapse.
When the collapse comes, it will be swift, like in Argentina: there will be an overnight devaluation of the US dollar, then a rush to exit US dollar-based securities. The result will be a long-term lowering of the US standard of living to the level of Spain or Portugal.
Thank you so much, oblomov, for taking the time to inform us and to research our options. I am scared to the bone.
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