Posted on 06/09/2009 12:39:30 AM PDT by appleseed
The old woman walked into a Leesburg gun shop two months ago and explained her situation.
She was 80-something and wore the scars of the Great Depression. It had crippled her family, she told store owner Gordon Schorer, wiping out their savings in a bank failure. Now, near the end of her life, she worried the U.S. was headed down the same road, and she wasn't going to make that trip — not without a fight.
She had stockpiled more than a year's worth of food, put most of her money in precious metals and today was looking for a little insurance.
"She bought $8,000 of guns and ammo," Schorer said. "She's afraid of the future. Afraid she could lose everything."
As bad as the economy is, there are people who fear it is going to get worse — much, much worse.
(Excerpt) Read more at orlandosentinel.com ...
Some have done it for years just as a way of life. $8,000 in guns and ammo - She lived through the Great Depression - Sounds like she's ready this time.
Self Reliant/Survivalist ping list
Ping
100 Items Likely to disappear First in a Panic
http://floridapreppersnetwork.blogspot.com/2009/02/100-items-likely-to-disappear-first-in.html
the survivers with the food/gun and wealth will be the Republicans. Democrats will bet on Obama’s hope and change and fall with it
I don’t see Manolo Blahniks or Jimmy Choos’ on the list :(
National “Preppers” sites:
http://americanpreppersnetwork.blogspot.com/
http://prepper.org/Prepper.asp
Not exactly sure of their politics...doing some reading on the above sites now.
very interesting comments at this article
Are Increasing Numbers of Homeowners Withholding Their Mortgage Payments?
By George W. Mantor
RISMEDIA, June 9, 2009-One of the reasons that it is hard to get a handle on the depths of the foreclosure crisis is that much of the information is hidden beneath the surface, like an iceberg. We are seeing only a small part of what may turn out to be a much bigger disaster than ever imagined because so much is hidden from view. And so, we are left to wonder-is the worst yet to come?
There is, for example, wide speculation that banks have been holding back significant numbers of REO properties in order not to flood the market.
A cursory review of local tax records suggests that there are far more properties in default than there are in either the auction or bank owned phase. Are these temporary defaults that will ultimately be cured, or are these the first waves of what alarmists like to call the Tsunami? Are the majority of these early stage defaults inevitably going to make their way to auction?
Cleveland eventually had to file for bankruptcy, and I suspect that the federal government will reach an equally drastic ending as entities around the world quit buying bonds that have no future value.
I think things may be sustainable this summer but the coming winter is going to be rough I suspect. I fully expected temporary summer jobs to stall the unemployment trend but that will end before Christmas and we’ll back on track for meltdown. and, like you said, who knows what’s really going on with housing especially considering the millions of newly unemployed Americans created this spring? I see a stock market doing “OK” but I see it being manipulated and it becomes more and more evident that the stock market is pretty well disconnected from Main Street, USA realities.
China airs fears on US debt, dollar: lawmaker
Kirk said that Chinese leaders were sharply critical in private of the US Federal Reserve’s policy of “quantitative easing” — a form of flooding the financial system with cash, which critics deride as printing imaginary money.
http://www.breitbart.com/article.php?id=CNG.59d40e44d29fb24306de4a8aee8d691e.891&show_article=1
“She was 80-something and wore the scars of the Great Depression. It had crippled her family, she told store owner Gordon Schorer, wiping out their savings in a bank failure. Now, near the end of her life, she worried the U.S. was headed down the same road, and she wasn’t going to make that trip — not without a fight.
She had stockpiled more than a year’s worth of food, put most of her money in precious metals and today was looking for a little insurance.
“She bought $8,000 of guns and ammo,” Schorer said. “She’s afraid of the future. Afraid she could lose everything.”
Glad to know I’m not the only one and if this woman who lived feels it, I’m not so nuts for my stockpiles of food and stuff.
“A cursory review of local tax records suggests that there are far more properties in default than there are in either the auction or bank owned phase. Are these temporary defaults that will ultimately be cured, or are these the first waves of what alarmists like to call the Tsunami? Are the majority of these early stage defaults inevitably going to make their way to auction?”
Either they are waiting for their bailout from the ‘one they have been waiting for’ or they are just unemployed and struggling. Or a combination of the two.
PING
The Meltdown of jobs, look at it geographically & graphically.
Interactive map:
Job Loss/Gain 2007-2009 by county-
http://www.slate.com/id/2216238/
I hear the Whistle of the coming TrainWreck in the NE, East, Great Lakes cities and in Southern CA. in 6-9 months when the unemployment benefits are exhausted.
The epicenter of this is right in the heart of the Obamanista country.
There is no way the government can “create” enough government jobs to offset this.
Big bond sale today, $60 billion or so in 10 and 30 year Treasury's. We should know the rest of the world's feelings about Obamalamadingdong's printing and spending habits by sundown today.....
If you run that interactive map on unemployment through from 2006 to present, the last frame looks like an all out nuclear attack throughout our country.
Yes, it does.
One observation, the mechanism that drives the map is job loss per county in the U.S. It only registers job losses larger than 1000 in a county. This method hide somewhat the effect in counties where the population is small to begin with.
We have counties near me in Texas that have 1200 people in the entire county. But I can see no apparent job loss here.
But if you look at the map the area’s where there is oil and natural gas production are hardly affected by what is happening (at this point).
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