Posted on 03/17/2013 3:32:46 PM PDT by Red in Blue PA
Unfortunately, most of us have a stake in the game, whether it's our 401K/IRA, our bank account, our cash, our precious metals, or whatever. We're all part of the economy that our government seems intent to crash.
Not quite “changing the conditions of the test”, but more “leaving half the crew alive”.
Yes. Kind of like gas prices that are $4.00 a gallon and then when it goes to 3.50 everyone is conditioned to say, "well that's pretty good".
People can be easily conditioned to accept anything....except conservatism.
Bfl
Seriously, I know people that don’t carry a single dollar. When Sandy hit, they stored no food at home and couldn’t even buy food because their credit cards didn’t work. Pathetic...
The US has a similar history.
The only difference is that it reneged on gold convertibility for residents in the 30s, then on silver convertibility in the 60s, and then gold convertibility for other central banks in the 70s.
Bottom line: governments are utterly untrustworthy when it comes to money. Even the best are atrocious.
Senator Corzine ripped off his customers and completely got away with it. But he's an Obama bundler, what would you expect Holder to do?
Ah, and don't forget Bonehead "absolutely trusts" 0. (That's when you know it's time to panic.)
PING!
Bingo.
I'd take a 9.9% loss over a 100% loss, but that's just me. You invest in something as inherently bankrupt as a fractional reserve bank, you should be prepared to sow misery.
If this happens here (and I hope it ~never~ does) we may feel like taking up arms in a new Civil War-but that is not the way to Go..
What we should do is rally to form a new political party and with this party we would declare
1) We WILL VOTE OUT any Congressperson who votes to approve any such legal THEFT of savings/property!
2) We will not ~run~ in districts where the congress person (of any political party) is in agreement with our goals/platform.
3) The platform shall consist of: A) WE WILL CUT THE FEDERAL BUDGET (for real) and use these “savings” to reemburse ALL U.S. Taxpayers who have had ANY money stolen by the US Government (or any international institutions).
2) We will declare any previous agreement null-and-void (including in preagreed to terms to pay back any “international” loan.
3) We will not tolerate any more of the same (overspending and government in collusion with big bankers) ruining our savings, and nation.
4) We will bring to trial, and through the due process of federal and state laws both government bureaucrats and bankers who knowingly ruined our economy will be prosecuted by a jury of their peers.
All WITH US WILL STAND, ALL AGAINST US WILL FAll!
TY for the links.
WHEN this happens here, most will cheer it. For a portion of the seized wealth will go to those on the dole today.
Don’t believe me? Just think what would happen if it was presented as a way to save Social Security.
They took the people’s gold once. They can do so again.
Exactly.
The US Congress will gladly institute
this but excuse themselves and their own families,
and, of course, Moslems (as with ObamaCARE).
You are kidding, right?
The concept of equal justice under LAW no longer exists.
Elections are fraudulent, run by the DO”J”.
This country is finished as the GOP and DNC remain
in control.
How are they going to know where it is?
There’s no mandatory reporting of gold sales.
If you have physical possession of the gold, and paid in raw cash for it (no check, card, or anything else) you may be able to hold on to it.
But not spend it. Look how it played out in Argentina. Gold can make you a dead man very quickly once things head south.
Showing up to pay for something with a gold coin means the mob will show up to take it from you very quickly.
Ah... yes.
Gold is not currency, it’s insurance for “after”.
Silver is currency.
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