Wednesday, May 26, 2010

The Final Solution?

Goose-stepping their way
into heart, mind, and being

And the answer is ...
Boned Jello
The bill "would create the Bureau of Consumer Financial Protection and empower it to “gather information and activities of persons operating in consumer financial markets,” including the names and addresses of account holders, ATM and other transaction records, and the amount of money kept in each customer’s account. The new bureaucracy is then allowed to “use the data on branches and [individual and personal] deposit accounts … for any purpose” and may keep all records on file for at least three years and these can be made publicly available upon request." Goodbye privacy, hello 1984.
The question: Is anyone curious why the Fed, banks and politicians have all been pushing for the "consumer protection" portion of the Financial Regulation bill?

They just keep coming and coming and .....
Boned Jello

10 comments:

clem said...

What to do with my money? The stock market? A bank?

"In my mattress" is looking better and better.

Rodger the Real King of France said...

I think the answer is to buy things that will always have value, like hand guns, ammunition, gold jewelery (not coins), etc. Stuff that doesn't spoil, and is transportable.

Anonymous said...

Don't forget silver coins and booze. In the case of silver, American coins (pre-1964) by weight (NO collector's stuff) are excellent small-denomination barter goods. They are recognizable and trustworthy.

Booze is even better depending on where you live. Since it's consumable it's value will likely increase quickly if the supply gets tight. I'd even suggest learning to make it.

Annoyed White Male

Anonymous said...

Hand tools. Nothing electric. After the apocalypse they will be worth more than gold.
Tim

Anonymous said...

Hate to sound stupid Rodge....but why not gold coins?

Ad rem....

Anonymous said...

Hate to sound stupid Rodge....but why not gold coins?

Ad rem....

I think it is denomination based. WTF do *I* know about 'gold colored' coins? I do know dimes and quarters and fifty-cent pieces. The smallest gold coin is a big chunka dollars. The smallest silver coin is a whole lot less, thus much more 'exchangeable' for goods. You don't spend a $1000 gold coin to buy a fifth of Jack, no?
tomw

Anonymous said...

The problem with gold coins is that they are hard to use for transactions. Ever try to break a thousand dollar bill? People look at you like you're strange.

Casca

Rodger the Real King of France said...

Not only that, in an extreme situation --

" Since it is impossible to determine the true mineral percentage of gold, small shops and dealers will pay for it as regular jewelry gold. What I would do if I were you: Besides gold coins, buy a lot of small gold rings and other jewelry. They should be less expensive than gold coins, and if the SHTF bad, you’ll not be loosing money, selling premium quality gold coins for the price of junk gold. If I could travel back in time, I’d buy a small bag worth of gold rings."

Anonymous said...

Much thanks to you all for the imput.

Ad rem....

Anonymous said...

Tools and other useful items also make good barter if you have room to safely store them. They don't meet the spec of "easily transportable" but should still be considered. Also, non-firearm-related goods are good when you don't really want to reveal that you have them- a very real possibility.

Gold and silver jewelry, US silver coins, booze, and ammo should be high on everyone's barter goods list. Tools, light sources and weapons next.

You don't see a lot of them second hand, but I'd also suggest a couple of spare shortwave radios. If the SHTF, the usual sources for information will not be reliable, including this one you're reading. Radio always works, and there are thousands of powerful transmitters in the hands of ham radio operators all over the country that will step up should the need arise. A simple shortwave receiver will be very valuable should it get that bad.

Those cheap little walkie-talkies are good to have too. They work for close-range comm when cellphones go dead. You can find loads of them at yards sales for a buck or two.

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