Friday, December 4, 2009

We Have Unsettled Weather Conditions

Many who might read these blogs could get the idea that all I see is doom and gloom. Not at all. There remains a possibility that our politicians with the help of financial experts could pull a rabbit out of the hat.

I've spoken earlier about the emotive responses of homo sapiens. Even the most logical thinkers can be swayed by a well framed argument that appeals to their ethos. Just as easy as a mob can destroy a city, so can a determined mass of people can build monuments such as the Stonehenge.

Though I tend to avoid extensive planning, a sound economic plan that includes almost all of the changes needed to pay down our national debt, returns a poly-metallic monetary backing, increases bank cash reserves and eliminates derivatives would get my attention.

It could happen. Until then I will bet that our economic whiz-kids will do whatever they think might work. I can't see any evidence of malfeasance when it comes to our monetary system. I tend to think that most times, rather than malice, it is just plain ole dumb ass. I'm sure there is plenty of fodder for the conspiracy theorists. Don't get me wrong, I don't rule anything out.

Yes, there could be corporations that played the system. You might wanna read Bethany McLean's article in Vanity Fair on Goldman Sachs. (vanityfair.com)

Given enough data, a thinking person can make a pretty accurate prediction. In this case, we are mostly in the dark. There is a fight to prevent auditing the Federal Reserve. Better to error on the side of prudency. If I err, no harm. If people reading this blog buy some extra groceries or emergency supplies, it is a good idea. Severe weather could plunge anyone into several days of isolation and threaten their survival. On top of this, the economy needs consumer dollars.

If we plunge headlong into hyper-inflation, the stuff you buy today will never be cheaper. If inflation runs into triple digits, the shelves will be empty.

If you choose to lay in some supplies, keep your mouth shut about it. Desperate times make for desperate people. Far better to be the ants than the grasshopper when an ill winter wind hits. Of course you might wanna make sure you have some way to cook your grub.

Do I think it will rain out our economy? Yep. Do I think this event will result in law of the jungle? Perhaps in the cities and in some of the more isolated areas. The cities are vulnerable to any disruption of the food distribution system. In isolated areas, the probability of escaping justice will be greater. Small to midsize towns will retain a sense of community and work hard to control any criminal element.

No matter what the pros from Dover do about our economic mess, it will be several years at minimum for recovery. I suppose I had better scratch out social security. Oh well, it wasn't all that long ago that most folks worked until they died. So I reckon it might be a good idea to take our pleasures when the occaisions present themselves.

I patiently await the future with nervous anticipation. We live in interesting times which future historians will proclaim a pivotal event.

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