A Warning To All ATS Members

reply to post by Divinorumus


I agree. This isn't necessarily a bad thing. The whole system has to entirely collapse before we can start over. It's not going to be pretty but it is indeed a necessary evil if we're ever going to move forward. The economy (in this country) has been based on falacies for way too long. All the bail-out nonsense was simply to buy time. I don't for one second believe TPTB ever thought it would really work. It's all been about putting off the inevitable IMHO.

Watch it all fall. Let's just be smart and prepared when it happens.

The fact is that capitalism is built on risk-taking. Every venture capitalist knows there is a degree of risk inherent to every investment, every loan, every trade, so a smart businessman assesses the activity of the market and the needs of his enterprise thoroughly in order to minimize the risk and ensure a solid return on his investment.

Under a healthy capitalist system, when an enterprise fails to make intelligent decisions and takes on bad risk, the enterprise fails. And rightly so. When this happens, the business dissolves and personnel are compelled to leave the company to seek employment or start new businesses elsewhere. From this dissolution, new companies arise like a phoenix from the ashes; and, with the knowledge gained from prior experience, the new businesses are stronger, more cautious, and more profitable than the older, failed venture.

This is how a healthy capitalist system works.

Now, under a sick capitalist system — one contaminated with the cancer of socialism, such as we have now — the central government offers a safety net to failing organizations, so these companies don't fail completely, but continue to operate with the same bad decision-makers at the helm, taking the same bad risks, and prolonging a death of a thousand bad ideas.

These companies are not allowed to fail naturally. Instead, the sick companies plod onward, aimlessly, hemorrhaging taxpayer money, never learning the lesson of failure that normally gives birth to newer and smarter companies.

In a nutshell, our socialist government should have stayed out of free market economics and allowed banks to fail, allowed them fall flat on their asses with their ridiculous home loan policies and extending loan opportunities to millions of illegal aliens, to cite just a couple of examples of their extraordinarily bad risk-taking.

But, more than that, we should rid ourselves of the socialists in central government who, dating back many years, took it upon themselves to interfere in our free market, offering a safety net to bad businesses and bad businessmen at the expense of American taxpayers. Like it or not, successful capitalism is mostly about learning how NOT to fail by failing a few times.

— Doc Velocity

reply to post by Tentickles

The writing has been on the wall for months......
The signs are abundant already. When gas prices rose last year, so did food costs. Gas has come down..food has not. In fact, it has risen since last October on average of 38% in my area.
When our monies from employment can barely cover food, housing, clothing.......hmmmm.....are we not already close????
There is no such a thing as disposable income.
When every major manufacturer in this country is cutting back drastically, and our imports of plastic garbage is on the wane because of the cost of the above mentioned threesome, then
The @#*% is hitting the fan right now!!!

Welcome to the Feudalistic World Order...
and I will not call it new...


Peace...

It is true. The downturn needs a few up months to reset indicators before it continues down. SPY is being propped with FED money and the industrial index players are being swapped to create an artificial value.

Mortgage rates have surged, this will effect the ALT-A mortgages resets in 2010 further crushing housing.

Treasuries/Bond rates surging (or wide spreads) sine no one wants to touch or longterm other then the FED. Yes the FED printing money to buy our own debt.

Unemployment rocking, the continuing claims are down only due to expiration.

Commodity prices, sparked by oil are starting to spike.

If you people can't see it then I wish you best.

[edit on 18-6-2009 by utmostbastard]

Originally posted by Gyrochiral
Gas has come down..food has not. In fact, it has risen since last October on average of 38% in my area.

Yeah, I've been thinking about that, and been wondering if we are being told the truth about the level of world population. When I look around my circle of friends, I'd have to say the population has DOUBLED in just the last 5 years or so. All my kids have had kids, and the same with everyone else I know. At the same time, fewer old people have died (because of improvements in medical technology and care). How do we know for sure that there isn't already 12 billion humons on Earth? If farm yields and food production methods have gotten better (or at least so says Monsanto), why is food more expensive?

What really boggles my mind though is the stock market. All signs indicate that financial doom is just over the horizon, yet the stock market (for the most part) is acting like they haven't the slightest clue what is happening in the real world. This just leaves me to suspect that some kind of evil manipulation is going on. And, why isn't inflation as bad as it should be right now, considering all that new funny money that's been dumped into the economy? None of this adds up .. something fishy is going on, especially when our leeeeeaders are lying to us on a daily bases and the evidence contradicts them and what they are proclaiming.

reply to post by utmostbastard


Don't forget that Obama extended unemployment benefits (a good thing), but now they will run out a month prior to his first State of the Union address. A huge dropoff in unemployment will make his programs appear to work, and will provide a great basis for his speech!

Well they have to find some reason/excuse to introduce the Amero and oh, by the way, we are now one country with Canada and Mexico. Welcome to the North American Union.

reply to post by pluckynoonez
Mac 'n' cheese, 1500 rounds, and viscous watch-pug(yeah right).
Seriously, I'd pick up a few more rounds, if I were you.

I wouldnt call myself an economics expert, last time I did that got I got owned by someone else. I would rather call myself smart and with eyes open.

It is out of our hands now. We can do nothing to stop what is coming. When people like Timmy the Tax Cheat and Ben Bernanke are messing with the economy like it is their own little board game, only the bad can come.

Do as I have been doing. Try to convince your family to prepare. Get ready in what ever ways you feel are necessary.

For example: hurricane season is coming for the gulf coasters. I have hurricane proofed my house and riot proofed it, but people see it as hurricane proof.

Prepare is all we can do now.


Edit: Doc, I respect your opinion but I am not trying to school anyone in the ways of capitalism. I am warning people to prepare. I appreciate your efforts on trying to make things look better but they are not. Open your eyes and see the obvious market manipulation that has gone on. Open them to the government lies trying to keep the people calm.

When the government panics, it's a sign.


[edit on 6/18/2009 by Tentickles]

reply to post by Tentickles


S and F Friend!!

There are some who are lulled into believing everything is perfectly fine now and the worst is over. I am NOT one of those people, in fact I am the complete opposite - I believe the worst is in front of us.

Besides if people look at what is really happening - it is all just a sham - the big events (derivatives - etc) have been pushed back, along with the dollar strength kept artifically high - until other countries are able to get rid of it.

It will be interesting - if what was predicted by a "certain" future program - as the date of Nov. 5th - being the LAST day of "if you have money in the banks or markets" don't expect to have it or access to it on the 6th of November.

I hear you Tent and I fear that you are right.

I'm thinking that somehow TPTB will start to tie the "flu/healthcare management" situation into somehow being at "at fault" when the SHTF.

They will need a scapegoat...either that or another war.

They will not accept responsability nor will they have any power to stop the bleeding once things go sour.

I'd say Fall 2009 is a very good bet.

Everyone should know about this, but sadly the general concensus is that the economy is getting stronger. We here at ATS know this is not true.

I just don't know what to do. Im making some decent money now. Canadian dollars. I was thinking of spending all my extra money on gold. Maybe Buy an ounce every 2 weeks or something. But I want physical gold. I just want to have things of real value. I can't afford a house yet. Though I like to collect cars. Maybe having a collection of desireable cars will be a good investment. Cooking utensils, furniture, food stocks, etc. I think now is the time to not save, but to aquire things of real value.

reply to post by Alternative


"Junk" 40/90% silver coins is what you will want. If you had billions I would say go gold.

For pocket change like us you will want small "Junk" coins ;-)

Originally posted by pluckynoonez
I am not scared. I have a gun with 150 bullets and an entire case of Top Ramen (chicken-flavored). Let the apocalypse come, I can sustain myself indefinitely with what I have.

Well I am a bit scared, not for myself, but for those little children who won't get enough food, for those families that might experience violence, for those people who's lives might change forever. Something a gun can't help with.

Originally posted by getreadyalready
reply to post by utmostbastard

 

Don't forget that Obama extended unemployment benefits (a good thing), but now they will run out a month prior to his first State of the Union address. A huge dropoff in unemployment will make his programs appear to work, and will provide a great basis for his speech!

Interesting point. Thanks for bringing that up. I hadn't put 2+2 together on that one.

Chicken flavored top ramen roxx...but only 150 rounds plucky???...anyways,Tent...i hope you are right...this big lie that all the msm and gubernment is giving us i am growing quite tired of.I am ready for the coming big change whatever it might be...anything is better then being a slave in a greed driven,corrupt world.

Great Job Market Here!
Anyone want to go swimming in nuclear sludge for some temporary stimulus?

Thousands line up to clean nuclear waste

2,000 people from some of South Carolina’s most depressed counties who flocked to a job fair this week to hear more about new jobs cleaning up dangerous waste at the former bomb-making complex, the Savannah River Site.

The jobs, most of them cleaning up the nuclear waste, are only temporary, funded through September 2011 as part of the federal stimulus package. The Savannah River Site, a Department of Energy site, is receiving $1.6 billion, which officials say will fund 3,000 jobs cleaning up buildings and their surrounding soil — and also make way for new projects on the property.

This is all engineered. I would expect Government business to go on as usual and when inflation hits us like a brick in the face and crime spirals out of control Obama and the blue hats will come and save us from ourselves as we enter war with N. Korea and Iran to re-inflate the bubble.

Originally posted by David9176
I almost wish it would happen because i'm sick and tired of watching this fiasco that we call a government!

Obama wants to give the Fed more powers....is he out of his FREAKING MIND!?!?!?!

Someone hit the damn reset button. This game is lost!

one thing i don't understand about you govt haters. you say that anything the govt does is bad, wasteful, inefficient and needs to be left to the private sector. so here we have a private corporation (the Fed) which manages a big part of the monetary system. do you *REALLY* want the govt to take over their powers?! we've seen how easily lawmakers can be influenced to vote for bad things. i think the Fed is doing a decent job and they actually need more powers to regulate things, independently of the govt but also an audit system so that congress has some oversight.

as for the economic crash, i think it's overrated. the major crash came during the W administration. this current administration has in fact seen the unemployment numbers fall. i think we're in a "W" shaped recovery where we'll get a bit worse again by next year but then we'll get out and be OK for another economic cycle.

buying gold and silver now when they are at all time highs is stupid. in fact if i had any gold or silver i would sell it right now. the dollar will not crash and the world economy will not go bust. so for all those population reduction fans - dream on, your mass murder dreams won't come true anytime soon.