5 Things That Will Happen To You When America Goes Bankrupt

Townhall.com ^ | April 12, 2011 | John Hawkins

[Obadiah]

If in 1965, I bought goods or services for $20 then in 2011, the same goods or services would cost $140.

[clamper1797]

Two more words “Nazi America”.

With the whites being the new "jews"

[US Navy Vet]

I don’t seem to read anywhere where the Politicains in the 1920s-1930s German Weimer Republic being held to account for that screw-up? Someone correct me if I am wrong.

[Thermalseeker]

If you have enough acreage for a sizable garden and maybe enough to support some livestock, and, it’s defensible from threats, it would probably make sense. I really think we’re going to look back in a couple of years and fondly reminisce about the great economy of 2011. The politicians can’t keep up the charade forever. It’s really starting to come apart now....

[ChildOfThe60s]

The problem is that it is not clear who would win such a battle.

True. But the real problem that precedes that is, will anyone even be willing to fight for the Republic?

Very few are willing to sacrifice *anything* now to stop the madness. What number will be willing to place their lives on the line?

Surely some will fight when they come for us. By then it will be too late.

[ClearCase_guy]

I tend to talk now about the Second Republic of the United States. In my opinion, the First Republic has failed and is slowly and inevitably collapsing around us. There will be a war. There will be an eventual rebuilding.

The Second Republic of the United States may be better than what we have now. It may be worse. But I think it's coming, and I don't think we can avoid it.

[Scott from the Left Coast]

Me neither.

And I do not yet see how a GOP that is too fearful of negative press to cut $100 billion will have the courage to force it all to stop by saying no raising the debt ceiling. It is so obvious to see that our government is a heroin junky. It will either be death or cold turkey intervention. If the GOP has the guts for cold turkey, I (and millions of others) will be eternally grateful to them. The RATS want death...because after death they believe they will have complete, open dictatorial rule, with them as the dictators.

But nothing I have seen from the GOP, ever, gives me the confidence to believe that they will force cold turkey.

[MrB]

Everyone should check their mortgage contracts now to look for the words “US Dollars”.

If it says “US Dollars or equivalent”, you need to try to get that changed.
Any new mortgages you get, you should INSIST on “US Dollars” only in the wording.

Otherwise, they can require you to pay it off in “reset” money.

[ConservativeWarrior]

“I really think we’re going to look back in a couple of years and fondly reminisce about the great economy of 2011.”

I think about this everytime we have a birthday for one of the kids, at Christmas, Easter, large family get-togethers, etc...

We have prepared for the worst.

But I can’t shake the sinking feeling that these days may be the best the kids will have for the foreseeable future.

[MrB]

Ah, but they “got the guns” first then.
They don’t have the time or the will to do that here today.

[Rudder]

When we go bankrupt?!!

Who is defining "bankrupt" here? It seems like we (US govt.) are already there.

[GVnana]

Buy gold and stay armed?

[MrB]

I will feel great resentment having to feed democrat voting relatives after the crash.

I’ll put ‘em to work, though. Post holes, plowing, slopping pigs, etc.

[piytar]

While that sounds good, what it really means is the total value of developed American real estate - probably the largest store of wealth in the world - will become next to worthless. That’s a very bad thing for the future of the country...

[Thermalseeker]

The next time I get one of those slips in a Chinese fortune cookie that says “May you live in interesting times” I’m going to burn it.

[Spok]

If you something even more frightening than the economy collapse, ponder this; who will bear the responsibility? Will Americans suddenly wake up and realize what the left has done to it, or will those who were willing but unable to avert the catastrophe get trashed by the MSM, pushing America even further toward facism from the left?

[Jane Long]

bttt.

[Let_It_Be_So]

I tend to talk now about the Second Republic of the United States. In my opinion, the First Republic has failed and is slowly and inevitably collapsing around us. There will be a war. There will be an eventual rebuilding.

 

You could be right, but do you think it is too late to take over Congress and the WH in 2012, pass the Balanced Budget Ammendment to the Constitution in 2013, rally 2/3 of the states to ratify it, say, in 3-4 years, and save the First Republic?

 

The founders gave us the means to fix this mess, so do you think this remedy is in any way feasible, or just wishful thinking?

[taxcontrol]

That is what I did. Well, not quite pay off the mortgage but I did pay off a substantial amount of debt. I now have a positive cash flow and I’m using that money to stock up on guns, food and looking to buy some farm land. If the dollar can hold for another 2 to 3 years, I should have a paid off, selfsustaining farm that I can go live on if things go bad.

I already have a 2.5 acre mountain bug out site if I need that. It is not quite a retreat yet. Still needs well, septic, wind/solar power, but me and my four could make it out there.

[pabianice]

6. The Marxists and union thugs running the government will keep their rich, lavish lifestyles. The rest of us will also be bankrupt and wholly dependent upon the largesse of our masters. This guarantees revolution.