Tuesday, October 14, 2008

Food and Guns (Sorry Weapons)

I was watching Glenn Beck yesterday and he had on Peter Schiff. Talking about the bailout and the state of our economic concerns, they reasoned that in order to pay our debt to other countries, and to buy up all the "bad" debt from these banks (which now we are on the verge of nationalizing) the U.S. is going to need to print more money (700 billion). Peter describes a likely out come:

SCHIFF: And the government, instead of encouraging us to start
saving now
so we can pay back the debt, they`re trying to encourage us to
borrow even more
money and spend that.
You know, what`s going to happen,
of course, is as inflation starts running
out of control and prices start
going through the roof, the government again is
going to focus on the
symptoms and not the disease.
And they`re going to impose price controls on
energy, on food, on a lot of
other things that are vital, which means
shortages, which means long lines,
black markets, civil unrest.
All this
stuff is coming if we don`t stop.


This to me is a clear and plausible path, that will require food storage and most likely some way to defend your house. Maybe I'm reading more into this than is there, after all most opinion shows exaggerate for effect. They would have fewer viewers if the sky is not falling. However I generally like what Glenn Beck has on his show and don't seem to think it too alarmist.

Thus I will be working on my food storage a lot more and will fit a few weapons into the budget. In the military you will be sharply corrected if you call it a gun.

President Bush
said
Tuesday his administration will spend $250 billion this year to
purchase stock in banks and take a number of other bold steps in an effort to
combat a global credit crisis that is threatening to push the U.S. into a deep
recession.
Bush said the government's role will be limited and temporary and "these
measures are not intended to take over the free market, but to preserve
it."


If you think I am crazy or going overboard, ask your self (or perhaps a history buff) when the government ever took something over that A)turned out better than a private business approach, or B)when has the government ever "downsized" and gave back organizations to the privates sector.

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