In Debt Up To Our Eyeballs (Kyle Bass Has 20 Million Nickels)

TEC ^ | 10-18-2011

[blam]

A long time ago, Travis McGee told me to save nickels, Bass must have been listening.

Meet the Texan investor who made millions from the credit crunch... and now he stands to make 65,000% profit if Europe goes down the drain

Posted to FR back in Febuarary 2011:

Why You Need to Own Nickels, Right Now

[stuartcr]

Since all governments are in debt, perhaps that is the way govts are? What kind of govt do you know of, that could function and be competitive and take care of their country nowadays, and not be in debt?

[Paladin2]

Debt? I don’t need (have) no stinkin’ debt.

[Kartographer]

"A great storm is coming, and most Americans are going to be totally unprepared for it."

Look at this picture, these are the type of people you will soon have to deal with to protect your faimily and what's yours.

Today we have 'yutes' who roam our streets who are with out morals, without respect for law or life itself. They will look are you with the same 'doll eyes' a shark does before he eats you and they will feel no more compassion than the shark does.

That will be the test of many. Most preppers I know are Christian people and they will hesitate to do what they might have to do to stop the ‘yutes’. On the other hand the ‘yutes’ won’t think twice nor lose a minute of sleep, in fact they will smile and laugh about it.

They remind me of some lines from Shaara's "Killer Angels.": "There’s many a man alive no more value than a dead dog. Believe me, when you’ve seen them hang each other."

Think on those lines and prepare.

[WoofDog123]

nickels make sense to me as well. No sorting, as compared to pre-’82 pennies.

[Kartographer]

BLOG PIMP PING FOR PREPPERS!

[MrB]

There you go - embrace the accusations and mock the accusers!

[metmom]

Ping to post 5. The result of the moral breakdown in our society.

[Kartographer]

“A great storm is coming, and most Americans are going to be totally unprepared for it.”

I truly believe that we are heading for times which we have only seen in apocalyptic movies. AND NO I am not talking about God’s end times I am talking about times that men by themselves will make so bad that people will cry out for God to end things.

We are at least in for a fall much like that of that we are in for something like the collapse of Argentina ( http://www.youtube.com/watch?v=7yerKMQc7-w&feature=grec_index )but on a global scale. Additionally I think we will see a much more violent version. As recent events show (Flash Mobs, UK riots, etc)we have a larger entitlement minded population and a the US has a much more violent and armed population than Argentina. I see many many small business wiped out by flash mob looting, and see rape, robbery and murder for murder sake. Many of these ‘yutes’ will think no more about killing you than most people think about stepping on a roach. And as I said in another post it will be the test of many to do what must be done to protect family, hearth and home.

Think of this quote which is one of my favorites:

“Star Trek: Deep Space Nine: The Siege of AR-558 (#7.8)” (1998)
Quark: Let me tell you something about Hew-mons, Nephew. They’re a wonderful, friendly people, as long as their bellies are full and their holosuites are working. But take away their creature comforts, deprive them of food, sleep, sonic showers, put their lives in jeopardy over an extended period of time and those same friendly, intelligent, wonderful people... will become as nasty and as violent as the most bloodthirsty Klingon. You don’t believe me? Look at those faces. Look in their eyes.

Now go look at some of the videos of the riots in the UK and of some of the flash mobs here in the US and look into their eyes, as I said many have a sharks eyes, eyes like Charlie Mason and as much or even less compassion.

For those who are just starting or are old hands at prepping you may find my Preparedness Manual helpfull. You can download it at:

http://www.tomeaker.com/kart/preparedness1i.pdf

For those of you who haven’t started already it’s time to prepare almost past time maybe. You needed to be stocking up on food guns, ammo, basic household supplies like soap, papergoods, cleaning supplies, good sturdy clothes including extra socks, underwear and extra shoes and boots, a extra couple changes of oil and filters for your car, tools, things you buy everyday start buying two and put one up.

As the LDS say “When the emergency is upon us the time for preparedness has past.”

Or as the bible says: A prudent man sees danger and takes refuge, but the simple keep going and suffer for it.
NIV Proverbs 22:3

Lastly this for the doubters and the scoffers.

“There is no greater disaster than to underestimate danger.

Underestimation can be fatal.”

[metmom]

In before the blog pimp whiners.

Just for the record, I found this little tidbit the other day that may lay to rest some of the complaints. (sure)

It’s from the Admin Moderator.

How to post a thread and other interesting facts, part II. (Welcome Newbies)
http://www.freerepublic.com/focus/f-news/1611173/posts

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Our Bloggers & Personal forum is for:

Posting from your blog.

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[MestaMachine]

BTTT

[DuncanWaring]

...how much money a trillion dollars is.

Another illustration I faintly recall:

1. Get a bunch of bundles of $100 bills ($10,000 each).
2. Stack them neatly on a standard shipping pallet, forming an approximate cube.
3. Repeat until you've got enough shipping pallets holding cubes of $100 bills to cover a football field.
4. Repeat until you've got a second "course" of pallets of $100 bills covering a football field.

Now you've got a trillion dollars.

Add another half-course on top of the two you've already got, and you've got how much the Federal Government spent last year ABOVE AND BEYOND WHAT IT COLLECTED IN TAXES!

[JDW11235]

I haven’t yet read the article, but the fact is, that we do not really owe this “money” nor is it possible to owe that much money except on paper. 15 Trillion dollars, would take $2,000+ for every man woman and child on the planet. These amounts only work on paper. There isn’t enough man power in all the world to pay off the all of the “debts” people owe. They’re fiction, and eventually people are going to say “NO!”

The fact is, with fiat currency, you can say, this hamburger costs 100 kaboomzillion dollars, and it doesn’t matter, because it means nothing. The bigger and bigger numbers simply mean how long people are willing to play the debt slave game. “You owe me $50,000” (approximately for our national debt/U.S. Citizen) “Now, you are my slave for 5 years to come (with a year added on every year in interest.”

That’s what the game is about, saying we all owe a big debt to everyone and that we are thus slaves to it forever. I say default on the debt, and start over economically with sound money. We’ve defaulted several times in U.S. History, it’s time to do it again. These are impossible numbers never meant to be repaid, but meant to condition us to slavery. You can take that to the bank.

P.S. I addressed this post to you, but it’s really for whoever.

[blam]

How much is one trillion?

Look at dollars as seconds and this is what you get:

* One million seconds = 12 years.

* One billion seconds = 32 years.

* One trillion seconds = 32,000 years.

[Lurker]

We’ve defaulted several times in U.S. History, it’s time to do it again.

Can you give me some documentation on that? Thanks.

[Vendome]

Anyone know how I’m going to unload all the nickels I save - Profitably?

[DuncanWaring]

In the “One million seconds” entry, you misspelled “days”. ;-)

[blam]

Yes...shoot!

I did that last time I post this too.

[blam]

"Anyone know how I’m going to unload all the nickels I save - Profitably?"

When the time comes and there's 'profit' to be made, the coin shops will be buying them. They'll never be worth less than a nickel, regardless.