Video: Blogger stocking up on ammunition, canned goods for recession
posted at 9:21 pm on November 14, 2008 by Allahpundit
Share on Facebook | regular view
Two predictions, the first (amazingly) from former Ron Paul advisor Peter Schiff circa 2006-07, the second from Trends Research CEO Gerald Celente circa last week.
I plan on using my platform at HA in the coming months to organize the Order of the Hand, with me in the Will Ferrell role. Those who fear an apocalyptic Celente-esque recession are welcome to join me in the mountains. We shall subsist on corned beef and Jack, and worship as our goddess Rebecca Gomez.
You must be logged in to post a comment.
Blowback
Note from Hot Air management: This section is for comments from Hot Air's community of registered readers. Please don't assume that Hot Air management agrees with or otherwise endorses any particular comment just because we let it stand. A reminder: Anyone who fails to comply with our terms of use may lose their posting privilege.
Trackbacks/Pings
Trackback URL
Comments
Comment pages: « Previous 1 2 3 4 5 Next »
Your barter system can be as creative as you want to make it. There are millions of items that people will want. Things you might think are totally worthless today might be what gets you dinner tomorrow.
Think about it. What would someone want, other then your life. Use your imagination. How valuable would a box of tampons be, or a hundred count of nails? Endless possibilities. Look around. What would sell in your neighborhood?
Limerick on November 15, 2008 at 1:21 AM
You are not getting my point. Gold is only valued as long as civilization does not break down. Why would I want to trade your gold for my beans and water? My beans and water keep me and my family alive. Your gold has no use except as jewelry. Nor can you use gold today for barter. You can buy it, but where are the actual bars, and how will you subdivide it into pieces for purchasing my beans and water? How will I even know that your gold is real or how much is the right amount? Where are the exchange rates for beans to gold? I’d rather barter beans for medicine, or water for fuel.
Once society breaks down, your gold has no value. Gold has only ever been valued in civilizations. The development of the agricultural revolution, and the consequent established of a stable food supply, meant that people now had more food and goods than they needed to survive. What was in excess of what was needed to survive, was now what we call wealth. Once wealth was created, people looked for things they could do with it. Pretty, precious metals and stones for jewelry became one expression. But in our doomsday scenario, we no longer have enough food and supplies to survive, so wealth, especially in the form of gold, now has no relevance.
Unlike food, water, clothing, medicine, or weapons, gold has no intrinsic value. That means, in and of itself, it has no use for it is not required for survival or comfort. Only objects and items that advance the cause of survival will be valued. Matches, for example, will be what people will want. Matches, lighter fluid, canned food, bottled water, these are the things that not only will people want, but they will kill to get them. A thief will not want your gold. He will want your boots to keep his feet dry.
keep the change on November 15, 2008 at 1:22 AM
I think the guy is something of a crank. Google him and most of the stuff is about getting him as a speaker (of the doom and gloom type).
Here he is in a CNN interview (2000, after the election)
I’m not saying I’m not concerned, but this guy is very good at spinning up the current situation, with a negative twist. My guess is that he’s a concurrent indicator.
r keller on November 15, 2008 at 1:22 AM
I am your neighbor. Save me some venison, please. Going to bed now.
Chewy the Lab on November 15, 2008 at 1:24 AM
Awwww DaveC, you miss me already…haha:)
corvettelady on November 15, 2008 at 1:29 AM
So my vast collection of assorted lengths of string might not have been such complete waste of my life after all? :)
FloatingRock on November 15, 2008 at 1:31 AM
In my neighborhood pot and meth subsidized by the government and theft, that is why I am armed and sleep with a magnum under the corner of my mattress.
goat on November 15, 2008 at 1:32 AM
After hearing Peter Schiff several times during the summer of 2007, I got serious about studying what was going on in the economy. I’ve longed been skeptical of our overall financial system, particularly irrational borrowing and spending by individuals and government, fractional reserve lending, and artificially low interest rates, so it didn’t take much to convince me we were in for a rough ride. In November 2007, I decided it was time to get out of equities and I advised my aging parents and in-laws to do the same. My parents listened, my in-laws didn’t. My father-in-law was down $2 million in late September. He’s too embarrassed to tell me where he stands today. Bottom line: I thank Peter Schiff. I am fortunate I stopped listening to Larry Kudlow’s seeminly endless bullish sentiments.
Where it seems Peter Schiff may have been wrong was his belief that the Chinese economy would decouple from the US and survive essentially unharmed. As of now it seems China may be in worse trouble than we are in, and like it or not, we are in deep trouble.
flyfisher on November 15, 2008 at 1:32 AM
Good trip wires! ;)
Limerick on November 15, 2008 at 1:32 AM
Oh yes I did, but it’s ok. You are taking care of your own, and I just heard on Greta (rerun) that Oprah is evacuating her dogs to the Four Seasons due to the fires in So. Cal.
You can’t make this crap up!!! So, you hoarding a few supplies is ok.
And, Tinman, I can skin a squirrel if need be.
Chewy the Lab on November 15, 2008 at 1:36 AM
The guy from the second video? Yeah, I wasn’t impressed with that one. If Schiff had said it I’d be more impressed.
FloatingRock on November 15, 2008 at 1:36 AM
I think in the short term China may be in trouble, but in the long term, with their manufacturing base, (which largely used to be ours), they will probably come out ahead.
FloatingRock on November 15, 2008 at 1:38 AM
Nite all. Big day among the knuckle dragging moose skinning Bible clutching cap wearing beer belching NRA crowd tomorrow.
See ya on the range!
Limerick on November 15, 2008 at 1:40 AM
Pleasant dreams.
FloatingRock on November 15, 2008 at 1:41 AM
Lately Schiff has come close to saying the same thing Celente said. I don’t know that he predicts revolution and whatnot. But I have certainly heard him discuss the real possibility of civil unrest and violence.
flyfisher on November 15, 2008 at 1:42 AM
Get a Mossberg 590 Special Purpose. You can fit a bayonet on the end, which will be good for gutting the enemy while you’re reloading.
Godzilla on November 15, 2008 at 1:43 AM
We got ‘em in West Texas. Bring your bb gun. ;)
TinMan13 on November 15, 2008 at 1:43 AM
I have only been mulling this over in my mind, and so haven’t finished all the research, but with the Democrats in charge I have been thinking it over much harder, because it may soon be illegal.
As I understand it you can buy a blank ar-15 lower that is less than %80 complete and finish the manufacturing process yourself which frees you from having to have a serial number. You can’t produce anything that is illegal meaning you can produce a ar-15 but not a full auto ar-15. This weapon is legal but cannot be given away or sold. The only way to transfer ownership is by inheritance.
DFCtomm on November 15, 2008 at 1:47 AM
You (and Peter Schiff) may be right. But who is going to buy their products? We’ve already put the brakes on buying their junk and it’s slamming them hard. And it may lead to our own undoing because the money they have been loaning the US government month after month was coming from goods exported to the US. As we quit buying their prodcuts, the reserves available to buy US debt are dropping. Back to your point, they may be positioned to bounce back quicker because of that manufacturing base, but I remain skeptical because outside of their major cities, it is still a poor third world country.
flyfisher on November 15, 2008 at 1:49 AM
Have not read one post on this thread but I am trying to treat this like the Y2K fiasco.
Cindy Munford on November 15, 2008 at 1:50 AM
I’m not sure if you were the one discussing this with Limerick earlier, but apparently the blank ar-14 lower also has to have a serial number, from what I’ve gather here in the past few days. That’s why you can’t buy it in a kit from a vendor that isn’t properly licensed, like you can the rest of the parts, (I think).
FloatingRock on November 15, 2008 at 1:51 AM
Done.
fireweednectar on November 15, 2008 at 1:54 AM
Keep the Change – *sigh*, OK I completely understand what you’re saying under doomsay scenario, but I will have to thank Limerick for answering your question for me:
Your barter system can be as creative as you want to make it. There are millions of items that people will want. Things you might think are totally worthless today might be what gets you dinner tomorrow.
corvettelady on November 15, 2008 at 1:57 AM
I didn’t buy into Y2K in the least, (though technological preparations did need to be made at the time.)
And I’m not particularly worried that the current economic problems will be as bad as some fear, but I do think it has far more potential, (especially with socialists controlling all four branches of our government), than Y2K.
And if the socialists make a mess of this, amnesty millions of invaders and pass the censorship doctrine, all bets are off regarding what may result from that. If in the midst of that they gut the 2nd amendment….
FloatingRock on November 15, 2008 at 1:59 AM
I think they’re done. Their economy will collapse, people will leave the factories and return to the countryside, and the next manufacturing base will have land, people, and resources: Africa.
TinMan13 on November 15, 2008 at 2:00 AM
I haven’t been able to find the federal reg this exception falls under yet so I cannot verify the information is correct and up to date, and that’s why I haven’t currently purchased a blank or jig. The recent election has made this a much higher priority to me, so if I verify the exception I’ll post something.
DFCtomm on November 15, 2008 at 2:01 AM
I fear that our splurge buying of guns will lead to keeping the purchase records and be used to ram through a new AWB and worse.
Without weapons, we’re soylent green! Heh.
TinMan13 on November 15, 2008 at 2:03 AM
here’s a good thread on the subject
glad2bindie on November 15, 2008 at 2:08 AM
I’m not an expert so I’ll leave it to others to comment on the legalities, but even if you’re correct I’m not sure it would be worth paying a premium to avoid a serial number. If they start confiscating guns you’ll either need to join up and begin using it immediately, in which case they’ll have to kill or capture you and your comrades to obtain it, or the moment will have passed and they’ll be virtually useless for anything other than making a last stand.
FloatingRock on November 15, 2008 at 2:10 AM
Do you know how long the ATF or whatever agency is permitted to keep the records? I wonder how far it will overlap Obama’s administration. Hopefully they won’t have time to change the law and hold on to the records as a de-facto gun-registration.
FloatingRock on November 15, 2008 at 2:13 AM
Hey– Tinman, I was thinking that if anyone in Africa was smart… they position themselves to be Galt’s Gulch.
Security Mom on November 15, 2008 at 2:16 AM
It doesn’t look to be all that expensive to do, since much of the equipment I already have. I do technical work as a living and a hobby, so it has more than a practical appeal. I don’t like the thought of heavy fines and jail time so I’m waiting till I’m sure it’s legal.
DFCtomm on November 15, 2008 at 2:21 AM
I just checked the Baltic Dry Index and it has dropped like a stone since June, something like 95%. It appears international trade is grinding to a halt, which means China is sunk.
flyfisher on November 15, 2008 at 2:25 AM
I believe 30 days, but I could be wrong. There was a recent case of a municipality down south that kept them years, but I forget the link.
I agree completely. Africa has been left to flounder (Mugabe, Zimbabwe) for so long, they’ve lived our potential future. If they can get it together, or just get out of the way (Nigerian oil), they are what China was just a few short years ago, hungry, land/people rich, a complete blank slate but with way more natural resources than China.
India is passe as well. Their intellectual call-center economy will cannibalize itself and the people each other. Good place to stay away from.
The fundamental readjustment will come in the form of mass die off – Malthusian Catastrophe. We can only hope to stave off Olduvai Gorge in the process.
TinMan13 on November 15, 2008 at 2:25 AM
Free/cheap trade with it’s attendant transport costs is another factor doing us in. How much in oil does it cost to bring a container of Nike shoes or Levis to the store? It was only a matter of time.
NOW, though, we may be okay. Since we are not locked into many of our antiquated manufacturing processes, building new ones and training workers might have a chance, but we have to kill the unions.
TinMan13 on November 15, 2008 at 2:29 AM
Flyfisher:
I’d never heard of the Baltic Dry Index. Thank you for teaching me something.
TinMan13 on November 15, 2008 at 2:35 AM
What did somebody call me!?
apacalyps on November 15, 2008 at 2:35 AM
So who is going to cover your back? Do you have friends ,neighbors ,family to rely on ? I sure hope you do.because in the long run it’s the people you can trust rather than food,cash or guns thats going to pull you through if the shit hits the fan.
jellybelly on November 15, 2008 at 2:36 AM
It’s considered a good leading indicator of the overall economy. Until it begins a sustained recovery I won’t believe the markets have hit bottom.
flyfisher on November 15, 2008 at 2:47 AM
If I read correctly, the value of shipping is only slightly higher than the cost of the ship/crew/fuel, meaning that it isn’t worth it to take the job, and there are no letters of credit to load and get underway which means that goods sit on the dock either way. Is that about right?
TinMan13 on November 15, 2008 at 2:51 AM
Here’s Schiff on what lies ahead with Obamanomics:
http://www.youtube.com/watch?v=gUgkMa_lQwc&feature=related
Phildorex on November 15, 2008 at 2:55 AM
If I read correctly, the value of shipping is only slightly higher than the cost of the ship/crew/fuel, meaning that it isn’t worth it to take the job, and there are no letters of credit to load and get underway which means that goods sit on the dock either way. Is that about right?
TinMan13 on November 15, 2008 at 2:51 AM
That’s it in the nutshell. Major shippers are docking ships and laying off crews because they cannot make a profit. Stock up on cheap Chinese goods while you can get them.
flyfisher on November 15, 2008 at 2:57 AM
I have been telling my trading buddies that the whole system was going to correct/crash when the credit bubble popped and the DOW would see 6K…they all laughed at me…I was the butt of the jokes in the trading room…that was late 2006 and through 2007..
.
Went mostly to all cash in 2007, started easing and building the short side after BSC (Behr Stearns) went under…
.
16 weeks ago I started shorting very heavily, and taking dollar long positions in the EUR,CAD,AUD…called for a technical correction off of 8k…8 weeks ago…
.
Well…we have had two tech bounces off of 8K in the last two weeks…
.
The next leg down is about to get rolling…I would short/sell any pop or rally…
.
PREDICTION:
.
DOW 6000 before or on/about the Inauguration…Gold 600, EURUSD 1.1-1.5, USDCAD 1.45, AUDUSD .50-.55, Oil <45
.
…..Bank on It
.
There is absolutely no reason not to be in this market today, as long as your on the short side…
.
Sucks that our economy is going into a multi-year recession/depression…but thats no reason not to make piles of money….
.
Carson Wales
.
CarsonWales on November 15, 2008 at 3:04 AM
I’m telling you………. Spam and Spaghetti Sauce….
………….. ammunition of course, but the former has just as good of a life shelf, and sooooooo many uses.
Seven Percent Solution on November 15, 2008 at 3:06 AM
I’ve been saying for years that if we want to have a better economy we need to stop buying cheap crap from Wal-mart.
TinMan13 on November 15, 2008 at 3:07 AM
Another thing hits me just now: We are in a second dot.com bubble that will burst as people have no cashflow to purchase net time.
Print media is dead.
Where the hell will we get our news?
Without communication, we will be lambs to slaughter.
TinMan13 on November 15, 2008 at 3:10 AM
So: No goods to buy because they’re not shipped
Money has no value because there’s no goods to buy
No manufacturing capacity in the US – no goods
Money has no value.
TinMan13 on November 15, 2008 at 3:18 AM
Speaking of hiding in the mountains. This next bit of Scripture describes what life will be like after the Rapture and well into the 7 Year Tribulation Period. By this time, the people on earth will begin to realize that the great judgments are from God. See, those left upon the earth (people who rejected Jesus Christ) will go through a time of great tribulation; a time when God pours out His wrath upon the earth against wickedness.
“And the kings of the earth, and the great men, and the rich men, and the chief captains, and the mighty men, and every bondman, and every free man, hid themselves in the dens and in the rocks of the MOUNTAINS; And said to the MOUNTAINS and rocks, Fall on us, and hide us from the face of him that sitteth on the throne, and from the wrath of the Lamb: For the great day of his wrath is come; and who shall be able to stand?” Revelation 6:15-18
I hope and pray that these aren’t the mountains you guy’s take refuge in, cuz no amount of corned beef and Jack will help save you.
apacalyps on November 15, 2008 at 3:28 AM
Schiff is impressive…
…but I want to know what he was saying ten years ago. And twenty. And thirty.
There are permabears who have been predicting disaster every year since the 1970s. Alan Abelson, one-time Barrons editor and still a columnist there, has been a bear for decades. If you listen to the permabears, you would have missed the Long Boom, the 2003 recovery, and all the rest, your bonds would have barely beat inflation, and your gold would be under water after storage fees.
If Schiff turned bearish two years ago, bully for him. I’ll be impressed. Smart guy. But I’m not impressed if he’s a stopped clock. All stopped clocks are right once a day.
The long term trend of the market is up. If I’m not going to try to time the market — a perilous and almost impossible task — I’d rather be long than short or neutral at any random time.
I am always pessimistic, and always fully invested.
Bartrams Garden on November 15, 2008 at 3:44 AM
Well, when all is said & done, my family’s heading to Hawaii next month, Disney in Feb & Mexico in March. I figure eff it– if economic armageddon is here, we may as well have some fun before it all begins. Being responsible hasn’t worked out all that well, evidently, so it’s time to blow some money! And maybe I’ll help in prevent extensive problems in the meantime.
I might cling to my guns & religion, but I’m not going to cling to my money.
Security Mom on November 15, 2008 at 3:58 AM
This is what I mean. Obama isn’t going to get us out of this.
lodge on November 15, 2008 at 5:19 AM
Sales for cans of Spam are up!! We should start a forum for Spam recipes here.
gary on November 15, 2008 at 8:18 AM
Spam is quite a hot item in Hawaii from what I’ve heard.
They should have quite a few recipes.
iceman1960 on November 15, 2008 at 8:26 AM
Pineapple and mustard glazed spam…. yum!!!!
iceman1960 on November 15, 2008 at 8:27 AM
What if you’re a preterist?
davidk on November 15, 2008 at 8:27 AM
Why is that amazing? That crazy cranky old fart was wrong on foreign policy but was dead on with his financial domestic policies for the most part.
Note to self: Idiots to ignore:
Art “I’ll bet you a penny” Laffer
Tom Adkins
Mike “I have no idea” Norman
Ben “It’s Tiny” Stein
People to listen to:
Peter “Cut Spending” Schiff
Bwahahahahaha!!! I want Neil to bring every single one of those cackling condescending douche bags back on the air, play those clips for them, and then ask them to explain themselves.
csdeven on November 15, 2008 at 8:50 AM
Rockies, and I am prepared to go all Red Dawn (movie) on the Donkeys;)
Dr Evil on November 15, 2008 at 8:51 AM
We need to make a solid network up here in the Rockies.
WOLVERINES!!!
thomasaur on November 15, 2008 at 8:58 AM
Where are you? I’m Delaware, thinking Texas or New Mexico.
davidk on November 15, 2008 at 9:05 AM
He started buying gold in ‘99. He considers it a huge mistake that Greenspan lowered rates to avoid a recession after the dot com bubble burst. Same with 9/11.
You might think the Dow was doing good until 2006, but remember how much the dollar has declined. So whilst your stocks were going up, the purchasing power of your dollar was declining.
Schiff has been making much more money by investing in Asia.
lodge on November 15, 2008 at 9:08 AM
Mr. Celente is correct, but I do not see the economy quite as drastic as he paints it.
I see this as the major adjustment that has been necessary for at least the last 20 years. The goods and service we produce are over priced and the value over rated.
The areas that everyone has called as the problem with cetian policies is that the production of anything can be produced cheaper outside of our boundries. Such as labor, access to raw materials, and over regulation have caused U.S. to become only a service economy, wherein we service the world by purchasing their products that we concieved.
What the government calls productivity is a results of duplication. Unionism and over regulation duplicate many conditions involved with the ‘Means of Production’ resulting in an overpriced product that those developing countries find they can duplicate cheaper.
Unions demand inflated wages and the Government demands Min Wages and have wage rates for contracts. Union’s demand liberal workers comp rules and OSHA create safety rules that in some cases cause machinery to be found useless unless it has safety devices built into them, that duplicate the safety measures a workers Personal Personel Equipment provide. Finally, workers are demand more ‘Nanny State’ rights without any offer of productivity to offset the increased cost.
Getting back to the basics is what is occuring and the slide back to realistic values in both production and ethos will be painfull, but essential to teaching us a couple valuable lessons that should be taught to children at a the earliest possible time. One, there is a difference between a want and a need. What you want is not necessarily what you need. Two, “No.” is a complete sentence, and learning to use it properly when faced with having to choose between a want and a need.
MSGTAS on November 15, 2008 at 9:08 AM
Trust me, if they start trying to take guns, people will “replace” people in power.
marklmail on November 15, 2008 at 9:11 AM
Worth repeating.
davidk on November 15, 2008 at 9:11 AM
9000′ in the West Elk Range outside of a little town over populated with a bunch of people that either are old hippies or wish that they were. Live at the base of a mountain teeming with wildlife and a river loaded with brownie and rainbows.
thomasaur on November 15, 2008 at 9:26 AM
First,
When a re-make is done of 1 million years BC, Rebecca Gomez should play the part that Raquel Welch played in the original.
Second, I pray that Schiff is wrong. Having said that, I believe there is the opportunity for civil unrest. This is not the usual “slowdown” or recession. The events of the past 8 weeks are unique. I have zero confidence that the government will do anything to help matters. Also, we now have a segment of the population (victim nation) that expects to be taken care of. Runaway spending and unfunded entitlements are bankrupting this country. The nationalization of banking, mortgages, insurance, etc. is something banana republics do. Add all this together with a possible disruption of the supply of oil (Israel is gonna whack Iran) and the possibility exists for a substantial and fundamental change in our standard of living.
Ephesians 6:11-13 “Put on the whole armour of GOD, that ye may be able to stand against the wiles of the devil. For we wrestle not against flesh and blood, but against the principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places. Wherefore take unto you the whole armour of GOD, that ye may be able to withstand in the evil day, and having done all, to stand”.
Arm yourself. Buy non-perishable food stuffs. If the worst case scenario doesn’t occurr, you’re armed and well fed.
I pray for the best and prepare for the worst.
Not so bitterly clinging to my guns and religion.
mountainmanbob on November 15, 2008 at 9:34 AM
How funny that a black guy from Chicago is sending the cowardly nutballs running to bunkers and caves.
A word of advice, if you plan on bottling your own urine, be sure to put a towel down first.
Vernon Hardapple on November 15, 2008 at 9:39 AM
Sorry Roadapple but we are just intelligent, well read people that did not fall for the propaganda. We do not fear the man as much his socialist/marxist policy beliefs. I fear no man.
thomasaur on November 15, 2008 at 9:44 AM
+ 10,000 If you are reading this Manly, I hope you are out there with a gun! It gives me a thrill up my leg to think of Manly with a gun fighting back the long arms of tyranny! LOL! I hope you do start your own site too! Love to the Rash. LONG LIVE MANLY RASH!
Okay, you folks also need to get a pocket sized book that tells you which plants are poisonous and which ones are not. Got one back during Y2K scenario. Plants can be used for all sorts of things, and that would include medicinal purposes. I suggest you also buy some seeds, because if you live in a neighborhood you could turn your flower beds into food and herb beds!
For those of you naybobs that think this is extreme, did you live during the Carter years? I am just saying that even if this ends up not being Great Depression 2.0, inflation could seriously be high, and would it not be best to have as much on hand so you do not have to buy at an inflated rate?
National disasters, as mentioned earlier by some is another good reason to be prepared. Joe the Gaffetastic Gaffemaster predicted a test for Obama not 6 months into his Presidency. We down here in Redneckville are not waiting to see if he is going to be correct! Yal up there in the Blue States are welcome to join us! We will share. Plus we like the idea of shifting the population rates down here so the electoral college might be turned upside down. LOL!
Question- If you buy guns now, there is a record correct? I mean if you buy one from some place other than a private individual. So, will he not come for those because there is a record of YOU buying THAT gun, and then they might search your home for other guns? Just wondering.
Lastly, for the naybobs thinking Obama has not done anything yet and the Feds are just fabulous and WE of the prepared bunch are loons; have you looked at his voting recored in IL and the U.S. Senate, or listened to the words coming out of his mouth? I think Michelle Bachman was right when she said his policies were un-American. The Courts are going to be packed with ACLU attorneys, taxes are going up, etc., etc. There is every reason to expect the worst. We are not loons, but are realist, and being prepared for any sort of disaster is a good idea. Grasshopper versus Ant. Ant wins every time!
I also thought AP meant cheese too! LOL! Our first stop in the ER supplies was the liquor store! I am going to need it if football is no longer played! Southern gal crying at the thought! SEC!!!!!!!!!!!!!!!!!!!!!! Although I do not believe any SEC team could beat Texas Tech at this point. Awesome offense. Those linemen are NFL types! Dang it!
freeus on November 15, 2008 at 9:44 AM
There’s lots of squirrels in my neighborhood. They make a good stew… Us rural rocky mountain western folk will survive. Like Hank Jr. says, “I can skin a buck deer and run a trap line, county boys can survive…”
Wyznowski on November 15, 2008 at 9:50 AM
That would be “country boys”…
Wyznowski on November 15, 2008 at 9:51 AM
freeus on November 15, 2008 at 9:44 AM
What happened to MR? I avoided HotAir during the election meltdown because it was all too depressing. I return to find him missing in action.
Disturb the Universe on November 15, 2008 at 9:53 AM
Obama also told a crowd in Penn. that he wouldn’t take their guns.. even if he could…
katy on November 14, 2008 at 9:44 PM
Do you actual believe that spineless prick “WOULD NOT” try to take your guns if he got the opportunity? The day his “National Civilian Security Force” try’s to take my guns, that’s the day the killing fields will start!
try again later on November 15, 2008 at 9:59 AM
The People need to know..
what happened to Manley Rash..
DaveC on November 15, 2008 at 10:00 AM
I haven’t read the previous 300 posts so forgive me for making an obvious point.
Peter Schiff has been laughed at for the past two plus years. Glenn Beck has been making the same points since 2006. Everyone’s been laughing at him too, or at least calling him crazy. I’m glad I’ve been watching Beck the past two years. I feel like I’m ahead of the curve about all of this stuff. Let’s hope they are wrong about how bad the next few years will be. Unfortunately, they have a pretty good track record to stand on. Add in Obama higher taxes = gas on the fire.
Ordinary1 on November 15, 2008 at 10:01 AM
Still believing in the Rainbows and Unicorns speech Obama has done?
DaveC on November 15, 2008 at 10:02 AM
in another year or so, Peter Schiff can say,
DaveC on November 15, 2008 at 10:03 AM
Hey, I know. Why don’t we talk about really important stuff? What kind of puppy do you think the Obama kids should get? Do you think the Black Congressional Caucus will now disband? What do you think of the fresh look of the Obama administration with all new faces untainted by old associations, just as he promised?
a capella on November 15, 2008 at 10:04 AM
Dang! The town I live in has an el. of 30′.
I grew up in the hills of southern Illinois (if in fact I grew up.) Lived in eastern KS 24 years and then some time in CO. Now my zipcode starts with a stinking “1.”
When I came out here to meet my now wife, I saw a sign in Maryland on a ridge that said Mount Something-or-the-other 2650′. I asked the locals if they knew what we called a 2650′ mountain in Colorado. They’d grin and say, “A molehill?”
I’d say “No. A chuckhole!”
davidk on November 15, 2008 at 10:08 AM
I always say a canyon. I grew up in Northern California @50′ and for all the Rushbo fans it was Rio Linda.
thomasaur on November 15, 2008 at 10:14 AM
Think about it. What would someone want, other then your life. Use your imagination. How valuable would a box of tampons be, or a hundred count of nails? Endless possibilities. Look around. What would sell in your neighborhood?
I remember hearing a man that lived in Europe during WWII. Fat was a huge commodity. No matter what they tell you, we starve to illness without a decent amount of fat. (Rabbit sickness.. look it up). with just a pound of lard, butter, or even the inferior vegtable oil one could get potatoes, meat, cabbage.
Just a thought.
Noelie on November 15, 2008 at 10:50 AM
IOUSA
GAO Fiscal Briefing by David Walker – Jan, 2008
Report (PDF)
I’m not going to pretend I know what’s going to happen. I have no idea. But, when I look at the facts, such as the report above, I can’t help to think that the gov has been spending way too much money just like the American consumer.
I’ll be clinging to my guns and religion, while saving what I can preparing for the worst but hoping and praying for the best.
cryptojunkie on November 15, 2008 at 10:54 AM
I ought to live forever.
davidk on November 15, 2008 at 10:54 AM
Good one! I’m going to stop working out immediatly.
thomasaur on November 15, 2008 at 10:59 AM
I don’t think it’s going to be anywhere near as bad as the doom’n'gloomers are saying, but I certainly don’t think it’s going to be a picnic either. People just need to save more money, make sure they’re getting more bang for their buck and keep themselves out of debt. If you’re like me and you have never had any debt to speak of, I think you’ll be fine so long as you still work hard, spend wisely, and make absolutely sure that this is the time you do not choose to go into debt to anyone or anything. Unemployment may jump, but there are still going to be plenty of safe jobs out there in the states. Night shift workers unite! We may have the safest jobs of them all. ^_~
Jockolantern on November 15, 2008 at 11:19 AM
That’s it in the nutshell. Major shippers are docking ships and laying off crews because they cannot make a profit. Stock up on cheap Chinese goods while you can get them.
flyfisher on November 15, 2008 at 2:57 AM
Just to give people an idea of how far thngs can fall quickly. This summer with oil at $147 The shippers were charging $400,000 a day to ship from China to the USA. It made trade from China to the USa too expensive. Now the shippers can’t make any money and the trade is again not profitable.
the idea of making things in China for purchase here in the USa is coming under attack.
unseen on November 15, 2008 at 11:24 AM
Grizzlies, and yes we are loaded for Bear GRIN.
Dr Evil on November 15, 2008 at 11:29 AM
We would be wise to prepare ourselves for the possibility that will as bad Schiff and others fear. Failing to prepare would put an undue stress on others. We have responsibility to prepare for the worst case scenario,since we have been warned by people who have track record of being correct. Not doing so is childish. I was layed off from my job six weeks ago and the remaining staff had to take a 10% pay cut to keep the business afloat. I have been listening to these people for 18 months and was prepared. To think that any job is safe is foolhardy.
thomasaur on November 15, 2008 at 11:31 AM
will be as bad as Schiff and others fear.
should previewed ;P
thomasaur on November 15, 2008 at 11:35 AM
Hmmmm…could be. But coming after them, and actually GETTING them, are two entirely different things.
uncivilized on November 15, 2008 at 12:00 PM
Spam…gaaaaaack.
Having said that, the aforementioned pork product is a) relatively inexpensive; b) shelf-stable (I don’t think canned pig nostrils can actually GO bad, can they?); and c) easy to portion out as a “main dish”. (Again, I say gaaaaaack.) If anyone out there has a recipe that makes Spam taste like something other than…well, Spam…I’d be willing to give it a try.
uncivilized on November 15, 2008 at 12:06 PM
FWIW…..
Just got in from the Fort Worth gun show. One hour wait to get in the door. I’d guess the opening door crowd to be 3000, easy.
I went to my dealer’s table to pick up the lower receivers for the AR. He had brought 200 lower receivers and had sold 80 in the first hour. After hearing that I picked up extra lower and upper parts kits. With demand like that you can count on prices going up soon…..like by noon.
Limerick on November 15, 2008 at 12:15 PM
I’m half-way through Ayn Rand’s “Atlas Shrugged.”
Written in 1957 and unbelievable timeliness for current events.
A masterpiece.
Let’s roll.
ex-Democrat on November 15, 2008 at 12:18 PM
Did you also happen to price 5.56mm ammo?
a capella on November 15, 2008 at 12:26 PM
Gov’t box of 1000 rounds was $336.
Limerick on November 15, 2008 at 12:40 PM
Limerick, I just got home from a show here in GA. It was actually pretty small, but packed with people. AKs that were $450 2 weeks ago were all marked $600+. I didn’t see an AR for less than $1100.
Folks were walking out with ammo cans full of ammo from GA Arms.
I’m going to go by the local store in a little while and see how it’s going there.
For reference, how much are the lowers where you are?
Mini14 on November 15, 2008 at 12:42 PM
Just make your own ammo for crying out loud.
3 year olds make them at gun shows.
I think you can figure it out.
SaintOlaf on November 15, 2008 at 12:45 PM
Mini14 on November 15, 2008 at 12:42 PM
Depending on brand $139 – $159 (stripped). Assembled w/buttstock about $425.
A lower part kit was $59 so assembling yourself saves a bundle. (It ain’t hard folks…all you need are simple tools and a bit of patience). I would recommend buying the uppers as assemblies, only because headspacing is already done and you won’t need to buy a lower or upper assembly block to snap it all together.
Limerick on November 15, 2008 at 12:46 PM
Peter’s distrust of our system and belief in gold stems from his father, also an economist.
flyfisher on November 15, 2008 at 12:49 PM
Comment pages: « Previous 1 2 3 4 5 Next »