I bought a farm.
This is a discussion on Prepping - or Fiscal Cliff Survival - What are you doing to survive? within the Off Topic & Humor Discussion forums, part of the The Back Porch category; Basic Question - Besides Ammo and Firearms (the obvious first response), what are you doing? - Buying gold and silver? - Buying ammo in calibers ...
Basic Question - Besides Ammo and Firearms (the obvious first response), what are you doing?
- Buying gold and silver?
- Buying ammo in calibers you don't even have weapons for, for trade?
- Taking your money out of 401K and IRA (with the penalties) before they Nationalize your 401K/IRA? (yeah, that is next - been on the table since 2006 with Barney Franks pushing it...)
- Cutting back on your small business to reduce 'people' so as not to get penalized?
- Discussing with the spouse who will decide to reduce the career to a part time job (to reduce overall tax burden) so as not to work for nothing over the threshold (someone stays home and actually gets the chores done)?
- Going totally Galt and pulling out of every real world investment, or commitment to support economic growth?
- Preparing (not prepping) for the crime rate to go through the roof (petty and violent crime)?
- Moving to the hills.....?
- Going to just party like heck, ignore it all, and ride the bus over the cliff and enjoy the ride?
I know what I am doing, but have you thought about this, and are you financially and emotionally prepared? If you are on this site, I assume that you at least have a firearm and are prepared for some defense, however, what about mobs?
Hey, we 'all' voted for this (Edit Add - I meant this as 'sarcasim').... Here it comes!
Last edited by ANGLICO; December 5th, 2012 at 03:10 PM. Reason: The Edit Add comment in ( .....)
Last edited by ANGLICO; December 5th, 2012 at 03:10 PM.
"I've noticed that everyone that is pro-abortion has already been born." - Ronald Reagan
"When governments fear the people there is liberty. When the people fear the government there is tyranny." Thomas Jefferson
You are only paranoid until you are right - then you are a visionary.
I got a bug out plan and a couple bug out bags plus 3 detailed escape routs to "family up north" in a very rural area. Obviously I have guns for self defense but they're also investments, in a lawless situation I can use them to procure food and stuff....You know, hunting.
I emailed my represenatives a couple of days ago telling them to GET THIS THING DONE. I have very little hope, but atleast I made an effort and let them know I'm watching their pretty sorry attempts.
Not doing a whole lot more than that, I have done other preperations to cover a couple of scenarios. Except I am preparing my self to have to cover all the extra tax money I would have to pay, I'm a sub-contractor and pay taxes quarterly. That one is really going to eat into my future firearms purchases I have for after the new year.
The stupidity of some people NEVER ceases to amaze me.
I think the Fiscal Cliff is going to end up being something more akin to a Fiscal Ledge. I believe that it is a semi-engineered distraction. I do believe that we have been in and can look forward to a continued steady slow decline of our living standard.
I believe that we are headed for steadily increasing food prices so be mindful of that. I think that the "cost of living" is going to become more expensive in general in multiple areas. Folks on a "fixed income" are really going to feel the pinch.
I think that folks that have an investment portfolio should probably be moving into a more conservative wealth protective mode.
I think that everybody should own at least some physical Gold and Silver because even though the "daily spot" will fluctuate up as well as down precious metals will never be worth nothing. So that is good last ditch portable insurance.
And it's good to remember that there have been instances in the past where various assorted paper monies worldwide have been worth nothing or "next to" nothing.
I believe that most average people should try to curb frivolous spending and work on paying down large amounts of debt.
But, on the "flip side of the coin" it might be wise to make major necessary purchases sometime soon and then you would be able to pay that debt back with future inflated dollars but, "timing" would be critical there and I can't predict the future so I'm not much help as to what would be the ideal time to do that.
I think that the impending "health care" changes are going to be such a paperwork nightmare that much of it may get "put on hold" out of necessity since nobody really knows which end is up w/ regard to those health care changes. It's all mired in chaos and confusion right now.
I think that if you are planning on retiring this year or next year & you are in good health...you might want to think about holding onto that job for awhile longer and using that additional $$$ to compensate for the likely decreased future value of what you have already "socked away" for your retirement.
On the PLUS side ~ I think that with every societal shift and major change there are are born brand new opportunities and new ways to make money so be thinking about how you may be able to accomplish that.
I would keep a pantry of food that stores well and that you normally eat anyway. That is always a good idea and you're going to spend that money (either NOW or later) for food anyway...you might as well stock up on it at today's prices.
Stock up on "non perishables" like Aluminum Foil, T-Paper, Paper Towels, Shampoo, Laundry Detergent...etc. etc...etc. These are all things that you'll always be buying so why not buy them NOW? The worst that could happen is that you'll not have to buy those things later on when future dollars may buy lots less.
I could probably go on forever here.
If you have a skill then hone it. You may need it as an alternate way to bring in cash.
If your kids are getting ready for college and they are not absolutely BRILLIANT then you might want to talk them into a Trade School instead.
College is not such a great deal right now...AKA phenomenal amounts of incurred debt and no jobs.
But, there will (hopefully) always be a need for skilled plumbers, mechanics, fabricators, refrigeration specialists, electricians...etc etc.
In short. Hope for the best and prepare as best as you can for the worst.
I am certain that that there will be numerous false upticks when it appears like things are getting better but, the hard cold reality is that things cannot get better if we stay on the same road that we are headed down.
I don't think that there is an immediate BUG OUT emergency coming DEC. 21 but, folks should be getting ready for a less rosy and more costly future.
I cannot see how the future will be bright with things being the way they are now and with the people in power being so unwilling to rectify what needs serious fixing.
Liberty Over Tyranny Μολὼν λαβέ
I hope we go over the cliff. This country needs a " purge ".
Having said that, we have plenty of canned goods on hand. Additionally, we have canned deer meat, beef, and stores from the garden put up.
In my little part of the world, folks are all country, we know each other and will help each other as we have done for years.
Kentucky was not hit as hard with recession like alot of places, and I can't see any big changes for us that would be a dramatic change. We have wood for the fireplace, and oil for the lamps, so electricity is a luxury more than necessity.
Got horses for transportation, and ATVs too.
Have plenty of homemade Hiabiscus wine.
Don't think the urban gangs of invaders will find my part of the country to their liking, and can't see them lasting long.
Yes, we will be fine.
" Blessed is that man, who when facing death, thinks only of his front sight"
You are in good shape glockman.
Liberty Over Tyranny Μολὼν λαβέ
Edging towards the Cliff with my parachute on...............Geronamoooooo.
We've got enough pre-1965 silver to trade for what we may need and enough ammo to take the rest from liberal idiots that got us in this mess.
We aren't touching our 401s because the penalty would be significant and there isn't anywhere to really go with the money. As QK said, every disaster leads to new opportunities so we're going to sit tight on the 401Ks.
I quit work a few years ago because of the tax situation, it just wasn't worth the hassle because it was kicking us into another bracket and we were losing more money. It wasn't a net loss but enough to make it not worth my time to work.
We are pretty careful with our money now...not big spenders at all. We made a lot of imporvements in our house over the past 3 years like new heat pumps, new garage doors, new water heater, new sump pump...things like that so when my husband retires in a few years we won't be looking at those expenses.
As far as healthcare goes, the Affordable Health Care plan is going to be a disaster in a few years. The good things happened immediately...like keeping your kid on your insurance and not denying people who have previous conditions...the ugly stuff will start happening in 2014. By then the system will be firmly entrenched and probably running millions, if not billions, over it's projected cost. I think this is the ONE thing that really will bring our country down. It will be the Welfare program on steroids and we are going to regret this mess forever.
So, here's my PSA for healthcare :) ...lose weight if you need to (that's most important because so many problems stem from being overweight), stop smoking, drink lightly, exercise every day, even if it's just walking the dog, have your cholesterol checked and take your vitamins.
Our Healthcare system is going to be so over burdened that there WILL be rationing, no doubt about that. So, put yourself in the position that you don't need it for anything more than a bad cold now and then.
We have a lot more to fear than just the Fiscal Cliff and in 4 years we're going to look back and say, "what in heavens name have we done"...even though the "we" wasn't necessairly you and me.
It may be that your sole purpose in life is simply to serve as a warning to others.
Fiscal Cliff? What Fiscal Cliff? You mean our congress hasn't gone home for the holidays and are still up in Washington doing what they've done before every Christmas/New Years for the past couple of hundred years? Making the socialite party circuit with a couple of cute Congressional Aides? Gents, the men (and women) calling the ball right now have MUCH more at stake than...we do. IMHO, this Fiscal Cliff is more political horse crap & fodder for the 24 hour news cycle than it is a crisis. Hunker down, relax & let the Chicken Little disasterists have their 15 minutes of fame. I'm with Glockman in the BEST place to be. After all, remember what Mark Twain said - "At the end of the world, I want to be in Kentucky. "Cause everything takes 20 more years...to get there."
BTW, that was NOT an invitation to move here. I was 16 years old before I learned that "damn" and "yankee" were two words.
There are only TWO kinds of people in this world; those who describe the world as filled with two kinds of people...and those who don't.
Yep, and I agree with Jeanlouise. The BEST was to survive the new healthcare system is to bust your butt to do any/everything to avoid it entirely & STAY HEALTHY!