Never forget, even for an instant, that the one and only reason anybody has for taking your gun away is to make you weaker than he is, so he can do something to you that you wouldn't allow him to do if you were equipped to prevent it. This goes for burglars, muggers, and rapists, and even more so for policemen, bureaucrats, and politicians.
--Alexander Hope

Stuck on Roof for Katrina

Friday, August 26, 2011

Wednesday, August 24, 2011

The Great Collapse Has Officially Begun

Submitted by Phoenix Capital Research ;

I’ve been warning of this for well over two years. My primary warnings were:

1) That 2008 was just a warm-up
2) That the REAL Crisis had yet to unfold
3) That the REAL Crisis would make 2008 look like a picnic

Well, the period I’ve been warning of is now here. What’s happening right now is not just a market crash, bear market, deflation, or any other item related to just one asset class.

Instead, this is a collapse of the entire US monetary and political system and the mentality of spending one’s way to wealth.

For 80+ years, the US has operated under a crony capitalist system in which politicians dole out political and economic favors to the chosen few whose bribes/donations funded their campaigns.

This system was aided and abetted by the US Federal Reserve, which dealt with any and all economic issues by printing more money. Whether it was the Asian Crisis, Long Term Capital Management, or the 2008 Crash, the Fed dealt with the issue by opening the floodgates and flooding the financial system with liquidity.

Aside from making moral hazard (the notion that those large firms who screwed up were never actually allowed to fail) the bedrock of the financial system, the Fed also blew a credit bubble which in turn funded bubbles in virtually every asset class: bonds, stocks, real estate, emerging markets, even some commodities.

Indeed, the vast majority of US economic growth over the last 40 years has been fueled by the Fed’s loose money policies. Bill King, an analyst and investor whom I admire, shared the below chart with me a while back. It charts US GDP growth in nominal terms (the dark blue line), the performance of the Dow Jones Industrial Average (the black line), and REAL GDP growth or growth that accounts for inflation (the light blue line).

As you can see, when we account for inflation, the US economic “miracle” of the last 30 years is in fact not all that miraculous. Take away easy credit and Fed funny money and the US GDP has barely grown at all since the ‘70s.

When your entire financial system is built on debt eventually you hit a brick wall. We did this in 2008. The Fed barely held the system together by going “all in” and funneling over $11 trillion in bailouts, backstopping the major US banks, and transferring north of $2 trillion in garbage debt to the public’s balance sheet (these are just the moves we know about).

This effort has now failed as the world collectively realizes that the Fed cannot hold the system together. This began to become clear when QE 2 spent $600 billion and the US got at most three months’ worth of improved economic data (while inflation exploded throughout the global economy, leading to riots, coups, and more).

In simple terms, we’ve now entered the Real Crisis, the END GAME, for our current monetary system. Before the dust settles on this mess, the US and its political, economic, monetary structure will look very very different.

However, before we get there, we will see riots, civil unrest, possibly martial law, for certain a Government shutdown, bank holidays, a debt default/ restructuring, the re-instatement of the Gold standard or something like it (possibly a basket of commodities), food shortages, and more.

We will also see trade wars, possibly another World War, a temporary backlash against globalization, a de-consolidation or fragmentation of corporate America, and other items.

In plain terms, we’re entering a period in history that will rival the Revolutionary war. This country will be very very different by the time it has ended. Many people will lose everything in this mess. Yes, everything. So if you have yet to take steps to prepare for this, you need to get moving NOW!

Friday, August 19, 2011

My Man Cave is off the grid

Well after sweating my butt off all day I have my solar project complete for now.I can easily run whatever I need for now-lights & fans as well as misc stuff.Future mods will be to expand my battery storage but that will be as cash flow allows.Also will be looking for a better grade of panel but those will be much more expensive-probably 250-300 bucks each. It cost me approx 200 bucks to get this up & running as I got the battery for free and made the mounting platform for the panels out of scrap wood.The beauty of it is if a hurricane is eminent I can remove the panels quickly and store them so they will not get damaged in the storm.
I also have the portable back up to take inside the house as well as another panel setup still in the box that I bought on sale to use at a later date.
So all together I have about 500 tied up in solar back up to go with the generator set up.It has taken me years to get to this point a little at a time but I feel I am pretty well ready for anything that comes my way.But then again there's always My Turd Neighbor Mr Murphy.....Prep on

Thursday, August 11, 2011

I need practice

It's still too damm hot for me to be playing around in the heat but inside practice is another thing.I have been neglecting my gun handling skills for the last year mostly because of other more important things around the house like gardening and other chores and of course the 300+ overtime hours I have put in so far this year.But dammit it's time for me to get with it.Maybe this video will keep a fire lit under my ass.

Wednesday, August 3, 2011