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Showing posts with label collpase. Show all posts
Showing posts with label collpase. Show all posts

Sunday, April 18, 2010

ARM YOURSELVES-SOCIETY IS BEGINNING TO CRACK

This is the reality of life in the new America. As governments shrink or collapse and the services we've relied on disappear it's up to the citizens to take responsibility for themselves and their communities. The sooner we realize this and the sooner we begin to work with the existing political structure to make the needed changes the better. This transition can be accomplished in an orderly fashion if we want it to. Or, we can bury our heads and hope it all goes away, a bad dream that will disappear in the morning sun. That will guarantee anarchy and chaos as the bad guys move to control us all.

"One judge's solution for citizens feeling less secure because of budget cuts in an Ohio county: Carry a gun.

Judge Alfred Mackey of Ashtabula County Common Pleas Court advised residents Friday to be vigilant and arm themselves because the number of deputies has been cut about in half because of a tight budget. He also urged neighbors to organize anti-crime block watch groups.

"They have to be law-abiding, and if they are not familiar with firearms they need to take a safety course so they are not a threat to their family and friends and themselves," Mackey said Friday.

Mackey, whose comments were first broadcast Thursday by WKYC-TV in Cleveland, was expressing concerns with budget cuts that have trimmed the sheriff's department from 112 to 49 deputies in the county, which is Ohio's largest by land area.

Asked by WKYC how people should respond to the cuts and limited patrols, he said, "Arm themselves. Be very careful and just be vigilant because we're going to have to look after each other."
AP
H/T Blacklisted News

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Wednesday, April 14, 2010

FORECLOSURE INVENTORIES REACH RECORD HIGH

So, how are those gains in the stock market working out for you? And what about that recovery in the housing market and the economy in general?

The only people making money are those that benefit from the governmental largess; the bankers, investors and insurance companies that get taxpayer dollars to play with. The rest of us?


"Lender Processing Services just put out its "Mortgage Monitor Report," and we have a new record:

The nation's foreclosure inventories reached record highs. February's foreclosure rate of 3.31 percent represented a 51.1 percent year-over-year increase. The percentage of new problem loans also remains at a five-year high. The total number of non-current first-lien mortgages and REO properties is now more than 7.9 million loans. Furthermore, the percentage of new problem loans is also at its highest level in five years. More than 1.1 million loans that were current at the beginning of January 2010 were already at least 30 days delinquent or in foreclosure by February 2010 month-end.

Okay, so 7.9 million Americans are not paying their mortgages.

Are we really thinking about the implications of that?

I've already reported studies that show Americans are now far more likely to pay their other bills first before their mortgage (which is a big turnaround historically speaking.)

That means they pay off their credit cards, cable bills, car loans in place of their home loans. Some are forced to, while others are doing so strategically. Don't get me started again on strategic defaults..."
CNBC
H/T The Coming Depression

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Sunday, March 21, 2010

BUILD YOUR LIFEBOATS- A STORM APPROACHES

You absolutely must read Market Ticker today. It is vital that we understand what Denninger is saying. As distressing as the health care bill is, in reality it won't have the time to do much damage. Our country and the world are on the verge of collapse. We've broken through nearly every barrier that could have protected us by refusing to look reality squarely in the eye and act upon it. We continue to live in this Wonderland where we debate health care and cap and trade as though we can afford them and as if our economies will still be standing to carry them out. Our leaders keep rearranging deck chairs while the band plays on and the ship slowly settles into the sea.

Why? So those in positions of power can use the time left, while we are distracted, to load up the few remaining lifeboats and shove off, leaving us to flounder and die in the icy waters of economic collapse. And as they silently float into the night, we will realize, all too late, that the ship is doomed and we have no way out. Then the destruction will begin, as panic and the instinct for survival ignite a pointless thrashing and tearing, an epic death struggle that will change nothing, only covering our final moments with a veneer of useless, horrific terror.

Please, please, pray and prepare. Our time is growing short. Look reality in the face, accept it and act. Create a lifeboat for yourself, your family and your neighbors. The more boats available the more that can be saved.


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Monday, December 28, 2009

AMERICA AND RUSSIA - COMPARING COLLAPSE

If you have the time read the article that this links to. The author compares the Soviet Union during its collapse with the coming collapse in the U.S. He points out, I think, the inherent weakness in our system, overwhelming dependence on everything but ourselves. Strange to think in these terms since the mantra of capitalism and America is the myth of rugged individualism. In reality, most of us are completely reliant on all kinds of systems just to support our existence.

I was at a coffee shop today and marveled at the number of people around me absolutely addicted to technology. I asked my wife if she thought that they could survive without cell phones and laptops. I had this sudden picture in my mind of drug addicts suddenly cut off from their supply.

My family decided about a year ago to collapse our own personal economy. We made this decision because we believe that an orderly collapse at a personal level will be much easier ahead of the general collapse that is coming. I would rather have already reduced our needs and increased our self sufficiency before the rest of the world begins the process. It's easier to work the bugs out of the system while there is still normality all around us. I don't want to have to work out these issues when everyone else is in a state of panic.

When I read this article it verified for me the wisdom of our decision. I don't see a down side to living at a lower standard. We are ready for the SHTF. And, if it doesn't, what have we lost? Nothing. But, what we've gained is a more reasonable life with a better, less dependent future ahead of us.

So , take a look at the article and think about the future. We are on the verge of collapse and all the happy talk from those in the government and the banks can't change that. Be proactive and plan to protect your family. Look to Russia and Argentina for the future. They've been down this road; without global collapse at the same time. Argentina is still in the middle of it. Listen to those that have seen it happen and lived it. Learn from them about what it's really like when all the systems modern society is based on go away.

And if you get prepared, and nothing happens? That's better than the other way around.


"Good evening, ladies and gentlemen. I am not an expert or a scholar or an activist. I am more of an eye-witness. I watched the Soviet Union collapse, and I have tried to put my observations into a concise message. I will leave it up to you to decide just how urgent a message it is.

My talk tonight is about the lack of collapse-preparedness here in the United States. I will compare it with the situation in the Soviet Union, prior to its collapse. The rhetorical device I am going to use is the "Collapse Gap" – to go along with the Nuclear Gap, and the Space Gap, and various other superpower gaps that were fashionable during the Cold War."

Energy Bulletin


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