Well folks, you're not gonna hear this on the MSM at all. They're barely mentioning the word "recession" as though that is the worst we have to worry about! Nuh, uh... We are about to enter A GREAT DEPRESSION, one just like the one in the 1920's. Think not? Perhaps you need to brush up on your history. Read this article about the conditions that led up to the Great Depression which started with the stock market crash of 1929. It reads like today's headines! http://encarta.msn.com/encyclopedia_761584403/Great_Depression_in_the_United_States.html Just remember this: Back then, people actually had SAVINGS to fall back on, which cushioned the blow for a great many people. Nowadays NO ONE has savings to fall back upon. All they have is stocks. And go look at the markets today and this year. Dow is down 8% in two weeks, Naz down 11%! They've lost all their gains from 2007 in 2 weeks and then some! So there is NO SAFE HAVEN for Americans when another great depression hits! BTW, during the last depression, International trade, which had been booming thru the 20s, HALVED during the depression. Investment in the US dropped to only FIVE PERCENT of what it had been before. So get ready cause the SHIT IS GONNA HIT THE FAN! Does this passage from the article above remind you of anything?
In addition the article points out that Herbert Hoover, a Republican was president and felt that cutting taxes on the wealthy would stimulate the economy. Well it JUST DIDN'T work and led to the depression. Hoover's statements about the economy back then are IDENTICAL to Bush's statements today. Nothing has changed in nearly a century. The Republicans are still trying to get RICH off poor people, and making excuses for it. Then when the SHIT hits the fan because EVERYONE becomes POOR and can't buy anything, it shifts to a DEMOCRAT to fix the mess the Republicans leave behind. Does THAT sound familiar? Last time it was FDR who bailed out America with his "New Deal" which united Labor, Farmers, the Poor, and Minorities into what was to become a revitalized Democratic party. That is EXACTLY the point we are at today. However we still have to wait ONE MORE YEAR before Bushit leaves office and a democrat can start bailing us out, if it's not too late by then...
Let's see, I've been warning people about this for, hmmm.... about five years now. But as far as the Democrats saving you, haha, don't count on it. What people don't realize is that this is being done DELIBERATELY. It doesn't matter whether corporate party A or corporate party B is in office. If anything, you should be looking toward the Federal Reserve, as they're the ones creating the artificially low interest rates that are destroying the value of the dollar. It's funny how people are so conditioned to focus on the dog and pony show of party politics, while ignoring the big money and corporate interests that really run the show and control BOTH parties.
well lets see, 1 year till the next president takes office,the stock markets dropping by 5% a week.. according to my math there will be nothing left to fix in a year... but yeah its pretty scary,, im actually going to pull money out of my 401 k and pay my land off,,before its all gone... the worlds soon to be in for some hard times,, on this i think we all can agree...
I know that this is going to sound ignorant, and I am asking someone to explain (nicely) why I may be wrong in this statement: But isn't the point of the Federal Reserve and getting off of the gold standard to prevent such great depressions? Seriously - if this isn't the case - enlighten me.
That isn't the case at all. If the purpose of the Federal Reserve was to prevent depressions, then what about the Great Depression of 1929, which was directly related to the Federal Reserve. The Federal Reserve was created in 1913. The REAL purpose of the Federal Reserve was to hand the country's remaining wealth over to the internationalist bankers who own the PRIVATE Federal Reserve, which is not federal nor a reserve. This gave the bankers the power to print worthless paper money out of nothing, causing inflation and thus giving them the power to break the currency at their own will, for their own nefarious purposes. This is why the dollar is worth so little today. This is happening by design and to usher in a new form of totalitarian control.
I don't like to bother repeating what I've already taken the time to say the way I want, so I hope nobody cares, I'm just gonna repost my response from another thread. We could stop borrowing money AT INTEREST from the erroneously named "Federal Reserve Bank," a bank that is not owned, operated, managed or facilitated by any branch of the United States government. *That is technically illegal to begin with. The United States is not supposed to let any foreign, or "other" mint create the money for the treasury. *It means if we always have them make our money for us, we can never pay it off, since the interest we have to pay is made up of the money we're borrowing at interest.... *It also means that until we start printing our own U.S. currency again and DO pay off that LOAN, the metaphorical and literal pink slip to America is in the possession of a group of bank board members. This goes all the way back to the 16th Amendment, Income Tax Law, which was never ratified by the majority of the states, and is not apportioned correctly. By implementing this illegal law, which if nothing else we recognize is wholly outlived any plausible (tho non-existant) usefulness, and making Americans think we have to keep paying this bill in order to keep the economy is a complete fascist lie. The truth is we can start printing our own money, drop the income tax, implement a flat tax (i.e. 5% of whatever you make or some other arbitrary number) and we no longer have to PAY for OUR OWN MONEY. This also means no more unfair taxation at different levels of income, and more importantly, AMERICA is no longer in the hands and at the mercy of A BANK! We would be out of debt in roughly 15 years, and could really show the true power of the American people, American perseverance, American pride. But this will never be allowed to happen. The people behind it all are reaping virtually unthinkable amounts of money and power, because even though to them money is just a word thrown around, they know that to US it DOES make the world go round. But why? Because they have decided it is so. Their system of control has been deep rooted since near the inception of the country, and we have been dumbed down and dulled by the media tothe point of complete apathy. Even now, many of the ones who know the truth do nothing. The end of all this actually is what they want. People with no money have more trouble getting what they want, they're hungry, depressed, and have low morale. Exactly what the U.S. Gov wants - easy control. They know that really, when push comes to shove, their military against We The People is no competition. There's 20x as many American citizens as there are U.S. miltary members covering the entire world. They want to avoid a fight, cause they know that when we finally come together and decide as a nation that we've had enough, they're done. Game Over.
It wasn't cutting taxes, Hoover came into office after the boom of the 20's and the presidency of Coolidge who for the past decade had left the economy and government in general very laissez faire, and it worked, the problem was it was left totally unregulated for something like the crash and the following events to happen. Hoover's problem was he didn't believe in government intervention to fix the problem and that the free market would eventually fix itself, you can't crucify him for not just an ideological belief that had been going for decades but was common at the time. Hoover just came in at the wrong time, anyone who became president in 1929 would've failed horribly at containing the depression as no one could imagine the scope it would have by 1931. And look what FDR did, he took the government to whole new levels of size, and when he couldn't get his way, he tried to pack the supreme court with more judges so he could get it. Obviously it's going to help the economy if the government tries to give a job to every single person that doesn't have one, it doesn't mean it's good in the long run though. Also, the recession of the 1937 which is 3-4 years into FDR's programs is a pretty good indication that his programs didn't help the economy as much as people like to think vs putting a band aid on it. Unemployment remained high all through the 30's and most historians will agree it's WW2 and the build up to it was the main cause of the end of the great depression. FDR's main plus is he helped pass some common sense regulations to make sure shit on that scale doesn't happen again.
And that is EXACTLY G.W. Bush's line, the market takes care of everything. Get a clue. This "ideological belief" is misguided, SICK, wrong, and going to destroy the country if not the planet in short order (after a whole century of it). And Yes, I'm more than willing to CRUCIFY anyone who believes in it. When will YOU PEOPLE ever learn? This is EXACTLY what you would get with Ron Paul. Hands off the market, let it run over EVERYONE, let it rip-off the naive, rape the poor, start wars for profit, etc. This is the SICKNESS of CAPITALISM. Ron Paul won't fix this. So let's not even get into a discussion about him, because this thread is about the COMING DEPRESSION, ok, got it?
I am doing that. I am quiting work and taking my money out of 401k and buying land out right. I got a really good deal thankful. But I can't get it for a month so I hope things hold out atleast for that long, hopefully longer. I would hate to see a lot of people suffering.
Here is a VERY important and revealing quote from Roosevelt's son and law, Curtis Dall, in his book titled My Exploited Father-in-Law. "The depression was the calculated 'shearing' of the public by the World Money powers, triggered by the planned sudden shortage of supply of call money in the New York money market....The One World Government leaders and their ever close bankers have now acquired full control of the money and credit machinery of the U.S. via the creation of the privately owned Federal Reserve Bank." Here is also some revealing quotes from the Fabian socialist and MI6 propagandist H.G. Wells: "The New Deal is plainly an attempt to achieve a working socialism and avert a social collapse in America; it is extraordinarily parallel to the successive 'policies' and 'Plans' of the Russian experiment. Americans shirk the word 'socialism', but what else can one call it?" --The New World Order (1939) "The crisis [the Great Depression] discovered a great man in Franklin Roosevelt...None too soon he has carried America forward to the second stage of democratic realization. His New Deal involves such collective controls of the national business that it would be absurd to call it anything but socialism, were it not for a prejudice lingering on from the old individualist days against that word...Both Roosevelt and Stalin were attempting to produce a huge, modern, scientifically organized, socialist state, the one out of a warning crisis and the other out of a chaos..." -- The Fate of Man (1939)
Don't think they're going to let you keep that land under a totalitarian form of government, regardless if you've paid for it or not. The goal of these people is to eliminate private property. Just look at the recent Supreme Court ruling. When the economy implodes and chaos insues, all your remaining rights will go right out the window. Just a heads up.
Yes, you're going to start seeing a LOT more people make desperate financial moves now. The money flowing out of the stock markets are going to help people save their property from foreclosure and keep bread on the table. There's no savings other than those 401Ks for many Americans. The Middle class will be hit first and hardest by this. Everyone living day to day, paycheck to paycheck are already feeling a huge pinch just trying to pay for gas, heat, food and rising mortgage payments. As ppl clear out those 401Ks the markets are gonna tank, as we see happening now. I really doubt the Fed can pull us out. Did they prevent the Great Depression? NO! So much for your Global Elite controlling everything. This is beyond their control... (as John Malkovich & Glenn Close put it so elegantly in Dangerous Liasons) At this point anything they do will just make things worse for Americans. By printing more money to bail out the banks, it becomes more and more worthless, just like in 1929-1932. Yeah, those Fed auctions are really stopping the problem, right? No it just makes it worse! If you believe in the Holy Grail of letting the "Market" deal with it, why should the Fed do ANYTHING? Let the market sort this mess out. Let all the world's biggest banks collapse (and take all that Saudi money meant to bail them out with them!) See cause that's what the market WANTS! It wants the BIG BANKS who made BOGUS loans to suffer the ultimate penalty. So let the market deal with those banks. Let 'em fail. Let people's life savings and homes disappear, because that is what the market wants! When a MARKET is built on BULLSHIT, it deserves to fail, and those who've invested their hard earned money in BULLSHIT also deserve to lose their investments. We should be investing in THE FUTURE of humanity, not BUSHIT ponzi investment schemes where people think their money will "work for them" so they don't have to. Like flipping houses. American's have been sold a HUGE LIE! And now they must pay the price for it. The price is now being paid with the lives of their children in Iraq and Afghanistan, with the future indebtedness of their grandchildren. The only question that remains is how much the rest of the world will be affected. Just like in 1929, the world's markets and banking system is linked together. Together they will fall. And I don't think the people of the world will want to put Humpty Bushity back together again...
i would think the revolution would be well on its way in the cities and suburbias before they begin to come door to door in the rural areas.. it does seem to give one hope of having some breathing room to have a piece of rural land that you have title for..
oh, and i would like to add,, ill die before ill let the government take my land from underneath me when ive played by the rules and own it fair and square.. im sure im not alone in that sentiment... i know dilli would be right there beside me if no one else...
Here's more from the article I quoted on the first page: Does any of it sound familiar? The rising incomes of the wealthiest Americans fueled rapid growth in the stock market (see Stock Exchange), especially between 1927 and 1929. Soon the prices of stocks were rising far beyond the worth of the shares of the companies they represented. People were willing to pay inflated prices because they believed the stock prices would continue to rise and they could soon sell their stocks at a profit. The widespread belief that anyone could get rich led many less affluent Americans into the market as well. Investors bought millions of shares of stock “on margin,” a risky practice similar to buying products on credit. They paid only a small part of the price and borrowed the rest, gambling that they could sell the stock at a high enough price to repay the loan and make a profit. For a time this was true: In 1928 the price of stock in the Radio Corporation of America (RCA) multiplied by nearly five times. The Dow Jones industrial average industrial average—an index that tracks the stock prices of key industrial companies—doubled in value in less than two years. But the stock boom could not last. The great bull market of the late 1920s was a classic example of a speculative “bubble” scheme, so called because it expands until it bursts. In the fall of 1929 confidence that prices would keep rising faltered, then failed. Starting in late October the market plummeted as investors began selling stocks. On October 29, in the worst day of the panic, stocks lost $10 billion to $15 billion in value. By mid-November almost all of the gains of the previous two years had been wiped out, with losses estimated at $30 billion. The stock market crash announced the beginning of the Great Depression, but the deep economic problems of the 1920s had already converged a few months earlier to start the downward spiral. The credit of a large portion of the nation’s consumers had been exhausted, and they were spending much of their current income to pay for past, rather than new, purchases. Unsold inventories had begun to pile up in warehouses during the summer of 1929.
LOL! SKIP, the collapse of 1929 was INTENTIONAL! The FED didn't want to "prevent" this collapse, they made it happen simply by creating a shortage in the money supply. This is what we see happening again today through inflation. Don't you understand, out of chaos comes order. That is their motto! The people at the top see money as a form of control since THEY print that money and determine its value. When you want to bring in a totalitarian form of government, you must first topple the economy. Why do you think they have spent the past 20-30 years slowly building up the police state we see? Trust me, the global elite aren't looking to avert a collapse. They might be trying to prolong it until it's the most opportune time to bring it all down, but that's about it. The collapse of 1929 was all about creating order out of chaos, to create justification for a socialistic nanny state which could better control and manage the people, while at the same time handing the remaining control of our money supply over to the central banks, which gave us the fiat monetary system we have today. You need to learn about something called HEGELIAN DIALECTICS. These people ALWAYS administer the "solutions" to the problems THEY created to foreward their agenda.
I think if people bought some land in places that have absolutely no strategic value, you would have a good chance of staying out the long haul. Also, if you organized buying land in a few good spots with a few other people, (COUGHmilitiaCOUGH) that gives you lots of storage (underground) and living quarters while the rest of the country pulls their heads out of their asses and is ready to help. Although, Rat has a valid point, and my argument makes his even stronger in that, if I can think of this myself, the millions of dollars the gov spends on genius minds has to have come to the same conclusion. So... I'd say land will be a good thing to have...until they come for it. Rural or not, on a long enough timeline they will come for it...and you.