will gas go up even more, wonderful...
Posted on 11/03/2010 1:10:06 PM PDT by Hojczyk
The Federal Reserve launched a controversial new policy on Wednesday, committing to buy $600 billion more in government bonds by the middle of next year in an attempt to breathe new life into a struggling U.S. economy.
(Excerpt) Read more at cnbc.com ...
I just can’t wait until the dollar is like the Zimbabwe money with hyperinflation. They have trillion dollar bills. I can’t wait until these Fed Reserve morons screw me and my family. Thanks in advance, you nitwits.
will gas go up even more, wonderful...
What will happen to all those far left groups when the old bastard Soros croakes?
Collapse of the dollar coming!
then the republicans can get the blame!!
OPEC leaders had already signaled $90 a barrel as an acceptable price target. Given their stance, this pending drop in the value of the dollar, and the increased cost of drilling for unconventional oil sources, we are likely to see $100 a barrel oil before summer.
Well said. But instead of jail, I’d like to see them at the stake in the town square with every unemployed person in the country getting his turn with the bullwhip.
And at Bawney to their company.
Upon hearing this news. This also comes to mind:
You called that exactly right!
Soros was booted out of Europe and as I understand Clintons welcomed him here. He manipulated the banks in Europe and cleaned up monetarily by doing so, he is a felon and was convicted...so they booted his fanny out. Now he’s doing the same thing in our country..and thru us also on the International scene. The man is heartless and vile
But where does one even begin to get into survival mode. There must be lists for essentials from reliable websites. I tried some but there are so many where do you start? Thinking food would be first priority?
That’s about 5500 dollars for every household in America.
This title is a lie. The Fed is not expanding the money supply by half a trillion in order to boost the economy. They are doing it solely to help finance the federal budget deficit. No one is buying Treasury bonds, and the government needs cash to keep running, so the Fed stepped in and bought those bonds with freshly-issued money. (See: Zimbabwe)
Well I must say, it is not “my” link. I have personally found Bauer Financial Services to be quite helpful in providing an objective measure of the relative financial strength of a bank. It is well regarded in the industry. Here is one review. There are others out there.
http://www.mycity.com/vh/Torrance/CA/shopping/340217/Bauer-Financial-Services
It is not the easiest site to use as you must have very detailed information regarding the bank you want to research. Major banks have many different charters and subsidiary institutions and you must be careful to exactly identify the bank you are researching.
Good luck, and I hold no grudge on you for calling me a “troll”. Your accusation does not make me regret my financial contribution to this very good forum.
Not only 600 Billion, but 75 Billion a month through the second quarter of 2011. That would be somewhere in the neighborhood of another 450 billion. That only adds up to another Trillion over the next 6-8 months....
No. that’s what I’d like to do. I was responding to the question in post 25 of “So if you had some cash just sitting on the sidelines,what would you do?”
Right now, we’re looking at insulating the house, putting in a new window or two, getting a new front loader washer, finishing remodeling the bathroom. We could save some money with some of those improvements and I think we ought to before any inflation hits and the money is worthless.
ChocChipCookie has a survivalist ping list that could help you get started.
*sigh* where to begin....
We already live pretty far out in the country in a small town but don’t have a lot of property. Living more out in the country is going to be safer when TSHTF. Less likely an immediate problem with looters and gangs and likely the grocery stores will be looted out in a day or so. Once the food runs out in the cities, it’s going to get ugly real fast. However, everyone will be heading out into the country cause they think food will be there.
Some people have emergency bug out kits stored in their cars. A backpack, an extra pair of sneakers, water, some freeze dried or high energy snack food to carry to get them home.
First off, don’t tell anyone about it. You don’t want them all coming after you for food because they didn’t prepare, and they will and they will expect you to cheerfully share what you have, not thinking that that will make you run short sooner.
The essentials are considered water, food, ammo and a gun, and any medicines that you might need. Lead is considered a better investment that gold or silver, by survivalists. I think salt is going to be an overlooked necessity.
There are many foods that can be stored very easily. I use canning jars for mine as the lids make an airtight seal even though I don’t process them. I store grains, nuts, and spices in mine, usually in the freezer until I need the freezer for meat. Even when they’re not in the freezer, they are pest proof in the jars. However, the jars can break. If you’re somewhere where you can stay, canned goods shouldn’t be a problem, like tuna, soups, etc. but they’re too heavy to carry when *bugging out*.
I have my own canning supplies, a canner, a pressure canner, tons of canning jars and a fair supply of lids. I am able to home can food I can find locally.
I also have a decent stock of paper goods and soaps and shampoos and laundry detergent. A large part of that is because I HATE dragging the heavy stuff in through the slop in the winter, plus, you never know when you’ll be homebound cause of an ice or snow storm. When everyone is in panic mode at the local Wegmans stocking up for the storm before it gets any worse, (they’ve already waited till it started) I’m at home looking out the window thinking that it’s nice that I don’t have to go anywhere.
You know, a good book to read is One Second After. It’s a fictional scenario of what happens after an EMP (electromagnetic pulse) fries all the electronics and society breaks down. It is rather thought provoking and if you’re prone to it, you’ll be crying your eyes out towards the end. I’m not and I was.
What the book really showed me was that without too much trouble, one could have a nice little store of food that, carefully managed, could get them by for a few months. It certainly wouldn’t be what we’re used to, but you could survive on that.
Ever since bammy got in office, this world has sounded like a Left Behind novel.
It’s not just you.
.. and the sheeple will blame the oil companies. *sigh*
You know in all the years I've been in finance, reading their statements, watching their hearings, etc., I never noticed that.
Thanks, you learn something every day.
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