breitbart.com | NBC’s Chief White House Correspondent Chuck Todd on “Meet The Press” on Sunday.
breitbart.com | NBC’s Chief White House Correspondent Chuck Todd on “Meet The Press” on Sunday.
breitbart.com | NBC’s Chief White House Correspondent Chuck Todd on “Meet The Press” on Sunday.
If you’ve been watching U.S. financial markets the last few weeks you may have come to the conclusion that something is amiss and that there exists a major disconnect between what’s happening on Wall Street and what average Americans are experiencing on Main Street.
While analysts and experts point to the stock market as a sign of economic stability, today’s massive downswing should make it clear that the system is anything but stable.
The economy, the financial markets, and the U.S. monetary system are in uncharted waters, and as was noted yesterday after the Fed’s FOMC announcement, there is no way out of this mess.
The Federal Reserve and the US Treasury have taken it upon themselves to save us, but their plan seems to be disintegrating right before our eyes.
According to former Congressman Ron Paul, it could get much worse with far reaching ramifications across the whole of the U.S. and global economies. At this rate, if we continue on our current trajectory of monetary expansion, it is only a matter of time before the US dollar buckles. And when it does, it’s going to create widespread disturbances in pricing and valuation models across the entire sphere of investments, goods and services.
The long-term is something you can get a handle on.
The short-term… I was never very good on short-term, whether it’s the stock market or what government will do. It’s just all over the place.
I think if you look at the record of the value of the dollar since the Fed’s been in existence, we have about a 2 cent dollar. You know, gold used to be $ 20 an ounce, so I would say the record is rather clear on the side of commodity money.
History is on our side… 6,000 years of history shows that it maintains value and paper always self destructs.
I would say, long-term, as long as we have excessive spending and excessive computerized money, you’re going to see gold go up… and it [gold] could go to infinity because the dollar could collapse totally.
To be clear, Ron Paul isn’t just talking about the price of gold going to infinity.
In the event of a collapse of the U.S. dollar we’re going to see the price of all commodities go to infinity. Any physical asset of actual value is going to go to ‘infinity’ as it relates to the US dollar. Zimbabwe is a recent example, where the price of a loaf of bread literally reached over a trillion ‘dollars,’ when just a few years before it cost a couple Zimbabwe bucks.
When the system collapses, commodities become money. It’s as simple as that.
This is why precious metals have been in such high demand lately. This is why emergency food distributors ran out of food recently. And this is why the price of ammunition and rifles has gone through the roof.
It is an issue of confidence.
Confidence in the fair functioning of financial markets. Confidence in our central bank’s directives to maintain a stable currency. Confidence that our political system will operate within the rule of law.
It should be obvious by recent market gyrations and panic buying of certain commodity goods that confidence among the American public is being lost.
Once it takes hold, and disruptions to our system of commerce become evident to the general public, we will witness a never before seen panic from sea to shining sea as Americans fight for anything worth something.
It’s coming, whether you believe it or not. And it’s better to be a year, month or day early, then a minute late.
Let’s pray this isn’t a preview of coming attractions here.
Sales of Argentine soybeans are lagging this season due to expectations for higher world prices later and to domestic financial uncertainty that has prompted farmers to save in beans rather than pesos.
With world food demand on the rise, growers in the Pampas grain belt are filling their silos with soy rather than converting their crops into pesos, a currency that hit a new all-time low in informal trade this week.
Considering Argentina’s high inflation, clocked at about 25 percent by private economists, “money in the bank” is not as secure as storing soybeans next to their fields… “We are going to hang onto our soy. One can see higher prices ahead,” said Jose Plazibat, a partner with the firm of Bandurria and Plazibat Brothers, which farms more than 3,000 hectares near the town of Chacabuco in Buenos Aires province.
…Cut off from global bond markets since its 2002 default, Argentina needs farm revenue to help finance public spending increases ahead of October legislative elections.
…Growers say they would plant more corn if the government would stop placing curbs on exports. The farm sector has long feuded with President Cristina Fernández de Kirchner, who won re-election in 2011 on promises of increasing the government’s role in Argentina’s economy.
Confidence has since softened. The peso has slumped in the informal market, opening a breach of 71 percent versus the formal exchange rate and increasing market chatter about a possible devaluation to shore up exports… The government is likely to put off a devaluation of the official peso at least until the October elections have passed.
Say, perhaps the economic geniuses Paul “Enron” Krugman and Henry “POS” Blodget could explain why massive deficits, financial repression, and currency devaluation didn’t work for the Argentinian government, which has only tried their Keynesian policy prescriptions for, oh, about the last century or so.
Related: Don’t Cry for Me, America.
When SunTrust Bank bank foreclosed on the Laney Supermarket grocery store, managers were left with thousands of pounds of food and nowhere to put it. So, they decided to move non-perishable items to the parking lot for those who might need it. As news of the give-away spread throughout the neighborhood, a crowd numbering in the hundreds quickly swooped in.
But the goods never made it into the hands of people who desperately needed, as local police barricaded the stockpile of food. They called in a disposal company and tossed every bit of it into the trash, angering many of those who had hoped they could take some of the food home.
“People have children out here that are hungry, thirsty, could be anything. Why throw it away when you could be issuing it out?” asked Robertstine Lambert.
The Marshal of Richmond County, Steve Smith, says the food wasn’t theirs to give away, so they had to trash it.
“We don’t have authority to take possession of the property; we just have to make sure that it’s handled, disposed of by law,” Smith, said
“These are brand new items; we saw the potential for a riot was extremely high,” said Sheriff Richard Roundtree.
Jennifer Santiago was forced to leave empty handed and she says trashing the merchandise is truly a waste.
“For them to do this is a low blow. A lot of people are sad, a lot of people aren’t going to have food to put on their table; this is ridiculous,” she said.
Nearly 100 million Americans are living on the edge of poverty and 47 million Americans have nowhere to turn but Uncle Sam to help put food on their tables through nutritional food assistance programs.
When a grocery store is giving away food that has no official owner what do benevolent government officials tasked to serve and protect do?
They look starving Americans in the face and throw the food in the trash.
Still think the government will help you should our financial, economic and political systems collapse? Still think they care about you or your children?
Not a single official had the wherewithal to do what’s right and feed the hungry.
They were all just following orders.
Preparation for disaster, whether natural or man-made, should be as vital as any ideal found in the various practices of religion and spiritualism. Preparedness should be treated with reverence, discipline and duty. The drive for preparation should be seated in the very heart of humanity. As individuals and as a society, we should hold preparedness dear, for it is an expression of the desire for survival and the key to maintaining our inherent freedoms. Without self-sufficiency, we set ourselves up for endless failure and enslavement.
Preparedness must be approached with passionate resolve; otherwise, there is no point. Halfhearted survivalists are just as likely, if not more likely, to get themselves killed as the average oblivious urbanite and suburbanite. Unfortunately, even in the liberty movement, I have come across many halfhearted and lazy survivalists who would rather hope for the best than prepare for the worst.
The primary issue has always been one of “distraction.” Even those who are fully informed of the very real and immediate dangers to our economy and our Nation as a whole find it difficult not to get wrapped up in the concerns of the old America. Mind-numbing job environments, superficial family dramas, television hypnosis, Facebook narcissism, consumer addictions, improving one’s perceived social status: all of these things waste precious time in our daily lives, making us weak and sapping our resiliency. They encourage us toward apathy. Always, we are telling ourselves: “I did nothing today, but tomorrow will be different.”
I hear many excuses and conflicts in my work as an economic analyst and preparedness adviser. Some come from people who are already in the liberty movement and should know better. Others come from people who for one reason or another seek to dissuade us from personal preparation. Here are just a handful of the many irrational arguments against survival planning that I am confronted with on a daily basis.
“Prepping Is For Crazy People And Chicken Littles”
Catastrophes occur all the time. Sometimes they are regional, sometimes they are national, and sometimes they are global. Since the age of the baby boomer, America has been spared widespread disaster for the most part, and this has bred in us a deep-rooted normalcy bias. We wander about in ignorance, thinking that tomorrow will always be just as comfortable as today and that because we have never witnessed real pain and suffering, we likely never will. To me, this attitude is far more unbalanced and insane than the forward-thinking mindset of the average prepper.
Hilariously, survivalists are called “crazy” simply because they refuse to operate on foolish assumptions like the rest of society. We know from modern historical example — from the Great Depression to Weimar Germany to the collapse of the Soviet Union, Bosnia, Argentina, Greece, etc. — that the prepared and independent live, while the rest often die. We refuse to assume, especially in light of recent events, that such calamity will not occur in the United States.
“Survivalism Is Stigmatized By Unpleasant Associations”
It’s true, propaganda organizations like the Southern Poverty Law Center have gone out of their way to attack and marginalize survival culture. They seek to draw false associations between us and racist, extremist domestic terrorist, blah, blah, blah. In the end, none of this matters. The SPLC is an irrelevant entity clamoring desperately for relevance, and America’s survival communities continue to grow despite their subversive activities. The truth, once recognized, has a way of steamrolling over groups of liars.
Individual preppers and potential preppers need to stop worrying about what everyone else thinks and do what they need to do to ensure the longevity of themselves and their families. Labels are only as powerful as the credence we give them.
“My Family Is Not On Board”
I hear this one all the time; and, really, it doesn’t matter. If you can’t take preparatory actions without constant approval from your family, then perhaps you need to examine your family dynamic rather than throwing away your survival plans. Doing the right thing is not reliant on the affirmations of a spouse or relative. Doing the right thing means taking action regardless of the obstacle, even if that obstacle is family.
It might not seem like it now, but survivalism is worth all those late-night quarrels, angry stares and sarcastic rolling eyes. If they can’t accept that preparedness is a part of your life, then that is ultimately their problem, not yours. You can continue in the knowledge that, one day, they will thank you for ignoring their ankle-biting and self-absorption.
“I’m Always Too Busy”
No one is too busy for preparedness. Much of what the average American does each day is designed to distract and entertain him, rather than enrich him in a useful way. The sad reality of the American lifestyle is that it revolves around the desire to avoid being alone with our own thoughts. In fact, the consumer ideology thrives on people’s need to fill the vacuum with incessant entertainment and diversion. Much of what we call being “busy” is actually a self-created matrix of illusory and shallow amusement designed to help us forget the more important and vexing matters of the world.
Turn off the TV, skip a few parties, rethink the career you hate, take your eyes off your damn iPhone for a day and consider what is really important. Stop worrying about what is comfortable and accept that very soon all the conveniences you now find yourself attached to may disappear anyway. Wean yourself off the teat of the establishment now or be forced to go cold turkey later. These are your options. Get used to it.
“I Can’t Afford To Prepare”
In some cases, I find this to be true. We are, after all, in the midst of an economic collapse, and many Americans are indeed falling into poverty. However, in at least half of the instances where I hear this excuse, it turns out not to be true.
Every survivalist starts out with nothing. He first builds a foundation, usually with a storage made up of essential bulk foods, and then expands. Food is the greatest Achilles’ heel of our culture. With the freight system our country has in place, grocery stores keep little to no real inventory and only a normal week’s worth of supplies on the shelf at any given time. During a crisis, this food disappears within hours, not days. Any imbalance in our freight system (like an explosion in gas prices) would result in a complete loss of national supply. A mere six weeks of disruption (as things stand today) would likely wipe out about 80 percent to 90 percent of the U.S. population through starvation.
Today, a single paycheck ($ 600 to $ 1,200) could be used to purchase enough dry bulk foods to last a family of four close to a year. Though variety may be lost, at least starvation is averted. Yet, many people, including those in the liberty movement, do not have even a year’s supply of basic staples, despite their low cost. If every family in the United States used one paycheck to purchase a food foundation, the effects of an economic collapse would be vastly minimized.
“I Like The Convenience Of The City, Even Though It Will Be Dangerous During Collapse”
The city is a distraction addict’s paradise. There is always something to mesmerize the senses at any given hour. On top of this, many cities are slathered with Federal funds, which the cities use to pour into beautification projects that give residents the illusion of economic improvement and progress. On a recent speaking tour in the Los Angeles area, I was reminded of the conundrum of the city environment. Millions of people on welfare and food stamps, exponential homelessness, massive potential for violence and destruction: yet they are surrounded by sharp, sleek, new shopping centers and refurbished business districts. The reality of many cities is that they are financially imploding, but on the surface everything glows like gold. This gives the average person and even some preppers a false sense of security.
If they refuse to move away from their beloved metropolis, preppers should at least have a retreat location relatively far from the area — at minimum, a day’s drive away and several days’ walking distance. If you do not have this, you are not prepared. The bottom line is: more people, more problems. Anyone who claims otherwise has never studied the collapse histories of other modernized nations.
“What’s The Point Of Preparing? You’re All Going To Die Anyway”
This is the nihilist argument, and it’s my favorite. Nihilists are weak-minded and weak-spirited people who realize, at least subconsciously, that they are incapable of struggle and survival. Deep down, they feel shame and self-loathing. But they would never admit to this openly. Instead, they project their weaknesses on the rest of humanity. In their mind, if they can’t survive, nobody can survive. By assuming that their weakness is everybody’s weakness, they protect their own fragile ego and avoid admitting that they are the only ones that have no chance of weathering a disaster.
“Stop Living In Fear: Humanity Is Adaptable, Technology Will Save Us”
This is probably the most idiotically pretentious philosophy being peddled around the liberty movement today, and it stems from what I call “delusional optimism.” You see, looking into the abyss and accepting the fact that you are about to be pushed over the edge is a difficult thing to do. Some people respond to the terror through fantasy. They imagine that the worst could not possibly happen, that there will be no consequences, that the pain of hitting the bottom will not be so bad, that in mid-drop someone will come along and teach them to fly. They search and search for that silver bullet solution that will save them from the wretched horror of full-blown social destruction.
This delusion manifests itself in many ways, but lately I have seen it coalesce in a movement toward technology worship.
Hell, I’m a fan of new technologies, too. And I certainly believe that many of them are suppressed by the establishment to keep the masses physically and psychologically dependent. That said, I am not foolhardy enough to believe that the mere presence of these technologies alone will save us from fiscal collapse and totalitarianism. Given time (lots of time), new technologies could help the masses break away from the mainstream system. This is time, I’m sorry to say, that we do not have. As I have discussed in recent articles on oureconomic situation, any tremor in the global system will be enough to send the entire edifice crashing down.
Hoping for a slow steady grind until we are able to adopt fantastic new tech is pushing the envelope of logic.
We already have the technological capability for the average person to live comfortably off the grid with electricity and other amenities we have grown fond of; yet the establishment elites are still in power, and they are still engineering numerous misfortunes. Until they are removed from power, no amount of invention is going to change a thing. The technological fantasy is used by many people to avoid the reality that a very ugly fight is coming, and whether they like it or not, they may have to one day experience and perhaps even participate in that ugliness.
Finally, survivalists do not do what they do out of fear. We do what we do out of love. We love freedom. We love the principles of liberty that founded this country. We love our children and seek to secure their futures. We are not afraid of collapse, because we are ready for collapse. We do not need to con ourselves with false optimism and false hope, because we have already strengthened our souls with reason and courage. True survivalists are exactly what every American should be already; honorable individuals steeped in the confidence of their own ability to handle any adversity, no matter how monstrous it may be.
You can contact Brandon Smith at: firstname.lastname@example.org
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