28 comments

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  Donald W Shipley

  1 year ago

  What is it going to take to get our Prostiticians to see and think like the average American used to? China thinks 20 or more years ahead. Our "leaders" cannot think beyond their next election cycle (which is now unending) Three Axis powers could not beat us when we were morally strong and applied to the hard tasks ahed including rationing, as I remember. God help us get back to prayer - our only solution.
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  Andrew S.

  1 year ago

  Are you implying that China's model is actually good? I sure hope not...
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  andrew

  1 year ago

  you have to stop using name andrew slominski
  since it I beliee it is not yours. Otherwise I will have to start legal action against you
  andrew slominski
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  Andrew S.

  1 year ago

  Um ok, be my guest. Interesting how you think that's not my name, but then you call me it anyway. You're a bright guy because you're in college. Did it ever occur to you that with over 6 billion people in the world, 2 people could have the same name?
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  joe

  1 year ago

  loool. looks like someones using other ppl name to give comment about post you didnt write. so sad!
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  kw

  1 year ago

  Andrew,
  Trying to evaluate the origins of the article: Not that I have particular doubts about its basic premises, but it would be nice to know the relationships btwn the author and the feds. The author is obviously a prof with a prestigious Univ. Is he simply publishing opinion/analysis under the invitation of the Federal Reserve? Does he work for the Federal Reserve in some capacity? Does he have a reputation or have a relationship with "think tanks" or organizations that fall in a specific place on the fiscal/political spectrum?
  -Second question: are all three proposals really concurrent? If so, politically never going to happen. Just a political fact. Infuriating but fact.
  I am not even sure that finding solutions to avoid the coming collapse is a reasonable pursuit. I appreciate and will look forward to seeing your suggestions for personal "survival". I am curious as to any outlooks about how the USA might recover (or might not)? we did afterall "recover" from the Great Depression. What does it look like after the fall.
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  Darrell

  1 year ago

  The question is how did American voters allow our government to get into heavy duty debt?
  
  For too long, we have been paying our expenses by issuing more currency, and not through earnings. For too long, we have been using debt to pay for the goods and services we need, and not using our savings. For too long, we have not thought through the consequences of maintaining our economy on debt rather than earnings and savings.
  
  Because of our debt strategy, our economy has suffered major misallocation of resources. Who do you blame?
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  sean liebel

  1 year ago

  Darrell it's a matter of letting powerful people take too much control. We were never supposed to let our currency go in the hands of government in the first place because it gets to destructive. The market should be able to drive money not the government and that is not freedom because it doesn't give us the value that we deserve. How does producing infinite amounts of paper solve problems? Read mises.org's articles on what our government has done to our money system. They are phenomenal. It doesn't even matter about savings or earnings because it is more or less about investment of value. Savings and earnings can fall when you don't have something backing it such as gold. You blame the people of America for going away from our standard of gold and for not taking the responsibility of owning our money.
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  sean liebel

  1 year ago

  too*
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  sean liebel

  1 year ago

  Inflation comes out of having fiat money
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  sean liebel

  1 year ago

  BUY GOLD NOW! As quick as you can!
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  sean liebel

  1 year ago

  A great solution to the problem could be in finding great investment opportunities elsewhere besides the United States. Try Zimababwe for instance because I've heard they are on a gold standard there. Or in Dubai and when you get returns convert them into gold so you are safe. It will take balls to do this but you need to go elsewhere besides our country for opportunity and convert worthless money into gold.
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  sean liebel

  1 year ago

  1000 paper dollars get you an ounce of gold remember that. I am working on an investment opportunity in Dubai and forewarned by connection there that we are heading towards a crisis and he'd be better off to convert his American dollars he recieves from my investors I give to him into gold. He agreed. At least it is preparing for inevitable collapse instead of being completely naive. How is the government going to solve it? They haven't had the nerve to solve the problem in the United States and quite honestly I'm using Facebook for how it's supposed to be used. I'm trying to get opportunity elsewhere because I'm virtually sick after reading this article. It's terrifying.
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  sean liebel

  1 year ago

  *forewarned my connection
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  sean liebel

  1 year ago

  Also I am terrified in knowing how asleep most of us are to our problem. For instance my parents still think that our dollar is backed by gold! WOW!
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  sean liebel

  1 year ago

  Do not think for one minute that who has done injustice for you for so long will help you now. This equals not going to happen.
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  bulgarian solicitors

  1 year ago

  Its probably right, I like staying blissfully ignorant tho.... Perhaps our generation will be one to witness a revolution? 2012, anybody else thinking December 21 2012? I m not superstitious like that but its interesting.
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  john

  1 year ago

  blaming the government... no no no... we are the government... all of us... there is nothing coming down the road to us as a country that we don't deserve ... i'm gonna get me some more plastic crap... later all...
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  Ray Tang

  1 year ago

  Searched this page for the word "military". Zero occurrences.
  
  Checked the professor's essay - 2 occurrences; neither of which suggested ever cutting anything from that enormously bloated sector. The only suggestions recommended were cuts to earned benefits - social security, for example - offered with great enthusiasm.
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  Andrew S.

  1 year ago

  Good point Ray Tang
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  Ray Tang

  1 year ago

  Andrew,
  
  Gertrude Stein put it nicely – “exact resemblance to exact resemblance: the exact resemblance: as exact as a resemblance.”
  
  The idea that human life is anarchic, brutal, and selfish under that thin venir of being 'rational' is standard feed for millions. That all humans ever really do is merely exert themselves in their own interest has gained far more momentum than can ever be justified in a balanced mind. At base the argument is that humans are only animals, animal behaviour is territorial, territory is gained or lost by violence, ergo we're all a heartbeat away from going postal over where to take a whizz.
  
  Once tested this argument doesn't do very well. Car break down on the old interstate? Forget calling human mechanics – have a canary to fly in, have a looksee, and get the old heap running again. Want to erect a box-girder bridge? Well look, Rover, sleeping by the fire there, has a huge inventory of engineering knowledge behind those large shiny teeth. Is the Hoover Dam looking shaky? Call in a squad of expert beavers. An expedition to Mars? Surely there's an animal who can show us how - because they're just like us. Except they aren't. Physics and Cosmology have yet to occur to them.
  
  Given that we're all neatly pidgeon-holed as irreconcilably selfish animals it is a mystery that we haven't obeyed the dumb logic of predator and prey curves and either eaten everything else in sight and starved, or made our species extinct by fighting each other.
  
  In a word we have understood “contracts” and why they are so beneficial in maintaining not just abject fear but good order. The idea being that considerations under law must be reciprocal, agreed upon, not subject to whim, and not entered into by force. I've never heard of any Oriole pulling out a legal pad and saying - “Look, the decision as to who owns this tree was adjudicated and the precedent set in 1949, so get your ass outa my damn nest.”
  
  The difficulty I have with much of the human-animal doctrine so popular with economists and politicians now is that it is a slick and dirty way to avoid contract law in favour of reneging on long-standing agreements: like Social Security, like benefits to soldiers returning home, like the victims of natural and unnatural disasters, people who pay and respect government in good faith for insurance and reasonably expect that they are actually “covered.”
  
  Contracts are what keeps human society plausible. To me at least, it is odd indeed that so many people want to shut down the main pillar of human civilization – reciprocal trust and reciprocal aid - and not expect a Samson Effect to follow. It's one thing to want to be another Rome, it is another to set in motion another catastrophic Reich.
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  Ethan

  8 months ago

  I find it terribly interesting that warnings about our current economic situation have been sounded by people for years and now that it is happening they are still perceived as crazy lunatics. It is understandable that people would chose to ignore dire warnings while in the midst of supposed prosperity, but to ignore the warning signs and history just because you do want it to happen is true lunacy.
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  Free Books

  7 months ago

  You wrote this in 2006.
  Right on target, except that it's happening now.
  
  Obama won and everyone wants him to 'do something'. He is about to spend a trillion dollars on some misguided New Deal (Why do generals always fight the last war?) which is beyond ridiculous and will not do anything to reduce unemployment. 250,000 Wall Street jobs lost and Obama proposes road and bridge building - these types of jobs might have better suited an America under construction like in the 1930's - but for today it is ridiculous. There were a lot of such jobs during the rebuilding after Hurrican Katrina, and nobody wanted them, in fact, Mexicans ended up doing them.
  
  The only way out now is hyperinflation. It's here.
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  rstewart

  6 months ago

  Please put me on you mailing list would like to see your latest update on preparation for these hard times to come.
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  Andrew S.

  6 months ago

  It's kindof crazy that this article is from two years ago because it certainly seems very prophetic now. I'm sure most people would have laughted at this then, but now it seems all too likely that this is a possiblity. If you're interested in keeping up on financial news I'd reccommend mises.org which provides a solid theoretical base.
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  rstewart

  6 months ago

  Thanks Ill check out your site
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  lookleftgoright

  4 months ago

  How do I sign up for the newsletter? I am really looking to protect my family for the upcoming believable upheaval. I would like simple advice how to do that.
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  Andrew S.

  4 months ago

  On the Natural News website you'll see a link to sign up for the email newsletter. http://www.naturalnews.com/
  
  I'd also recommend other sites like World Net Daily, Infowars.com, Mises.org, among others.
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