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That's a good contingency. I, myself, just started a batch of Cabernet.

Do we really have gold in Fort Knox? I believe the last audit was in 2005; and, rather than auditing the actual gold, they audited the mints financial statements. As we are seeing in the financial world today, financial statements don't account for much when it comes to the actual value. Many...

Free market capitalism is already dead. While this may be an investment in the idea, it isn't an investment in capitalism. It is, however, an investment in socialism and collectivism. If we had free market capitalism, the government would be taking a laissez-faire position and allowing the...

I'll be surprised if any of the assets received by the government will be worth anything. This situation is much worse than the S&L scandal. Instead of buying up assets of failed thrifts here at home, we are going to be buying up worthless paper from around the world - not to mention the...

Here is an excellent piece from the Washington Post written by Peter Schiff, President of Euro Pacific Capital: http://www.washingtonpost.com/wp-dyn/content/article/2008/10/15/AR2008101503166.html?hpid=opinionsbox1

If you want to forge a global community, the United States Republic has to be removed. What easier way to achieve that goal, than by stripping it of it's industry? And, while We the People have been quite idle while all of this has been taking place, the public opposition to the bailout...

Another piece of legislation that is playing a big role in this, aside from the CRA, is the repeal of the Glass-Steagall Act in 1999. This allowed the the financial industry to consolidate into massive corporations that are now considered "to big to fail."

Sorry.

I agree with you that people need to live within their means. And now, we, as a nation, will be forced to. This isn't a bad thing, although, it is going to hurt and we will be lucky to retain what few freedoms are left us in this Constitutional Republic, when all is said and done. The real...

I think it could be more like 10 to 15 years. While there is a glut of bad debt in the form of mortgage backed securities on the books, the government is exacerbating the problem by interferring in the market. This crisis could be over in about a year if they would just let the bad debt...

Here is a good article from The Market Oracle, regarding the history of hyperinflation from around the globe, for anyone who may be interested: http://www.marketoracle.co.uk/Article2510.html

Thanks for the compliment. I am not in the financial sector, at least, not anymore. I was a mortgage underwriter for eight years, but that ended a year ago. I don’t miss it at all. While in the beginning it was a decent career, it became wrought with greed and fraud. When the credit...

I agree that no one is going to watch your back...government especially. The unfortunate thing is that many people who did the right thing and invested wisely(?) still ended up with pensions, mutual funds, 401ks and IRAs that are infected with derivatives without their knowledge.

Bullets? You might want to get one of these: http://www.amazon.com/JL421-Badonkadonk-Land-Cruiser-Tank/dp/B00067F1CE/ref=cm_cr_pr_product_top

I agree, however, cheap credit and clever marketing heavily influenced the decisions made by the people. Not to mention, that we are rewarded for going into debt with tax credits for loans such as mortgages, equity lines of credit and student loans. Yet, if we attempt to save we are punished...

I believe we, as a nation, are about to become very poor. This false sense of prosperity, which has been possible only through deficit spending and a fiat monetary system, is coming to an end; and, well it should. Our foreign creditors have already limited how much they are willing to lend...

For anyone who is interested in the Federal Reseve's role in our current crisis, I highly recomend reading G. Edward Griffin's The Creature from Jekyll Island. It is the most eye-opening book I have ever read. And, not the least bit dry as one might expect from a book about banking...

I think we are witnessing the end of the Republic. When you take all the legislation that has been passed since 9/11: USA Patriot Act - A 342 page document presented to Congress one day before voting on it that allows the government access to your bank and email accounts, as well as your...

Nevermind. It finally loaded. Took a while.

Am I the only one that cannot access this book?