Is speeding toward us like a runaway freight train. I subscribe to a few investment groups and I've seen a common thread in all of them, that the end of America as we know it is quickly approaching, most say that it will hit sometime during 2012.
FACT: The USA currently borrows approximately 40 cents of every dollar it spends.
FACT: The USA currently owes almost 15 TRILLION dollars of debt.
More than we've owed in our entire history as a nation if you added up all the debt we owed until around the year 2000.
FACT: China and other countries are going to get tired of loaning us money that we are never going to be able to repay.
FACT: The USA is going to run out of credit sometime in near future as countries are no longer willing to loan us the money that we need to operate.
FACT: A do nothing or do little congress is helping Obama run this nation into the ground. Obama will probably achieve his dream of turning us into another 3rd world country during the next year.
FACT: An administration in trouble is a dangerous animal that will turn on it's citizens, taking away rights, and property as it trys to cling to power.

The tipping point will be when foreign countries decline to loan us any more money. This could happen at any time. I believe China is very close to sayin "no more". Another tipping point could happen if OPEC changes it's price per barrel of oil from dollars to some other currency. Either of these events will have disatrous effects on the US economy. The US will turn on it's own citizens first, stopping payment of social security, welfare, disability, all government funded programs will screech to a halt as the money runs out. As our currency becomes worthless prices will skyrocket for everything.

Most are suggesting buying enough non-perishable food items to last 6 months to a year, rice, beans, canned meat, MRE's, whatever. They also suggest to have a good amount of gold and silver to barter with.
Guns should be on your list of mandatory items to own, but most likely our 2nd admendment rights will be suspended under Martial Law, so I suggest hiding what you can, and only having the bare minimum readily accessable that you need for self defense, guns will most likely be confiscated as they were during Katrina. Don't forget about ammo, and the tools to make your own. Bullets may become an acceptable barter item.
We are likely to see food riots and city's burning as the welfare checks run out, and we are longer able to pay for police and fire protection. Expect to work on the promise of a paycheck as things get better.
Expect police to want a cash bribe if you get stopped, for real or imagined offenses. Take a look at what's going on in Greece, and about to happen in Italy, and you'll see our future. Gang violence will escalate dramtically as they carve out chunks of cities to extort. Expect all violent crimes to escalate, armed robbery, muggings, anything to get cash or valubles.

For protection: Move some of your cash to off-shore accounts in countries that have no agreement with the USA to disclose account information to the US. (not Switzerland, as they have made some deals with the US).
If you can, have a non urban rally point, that is defendable from all sorts of attack. Keep a bug out bag handy and your vehicle(s) full of gas for a rapid get away. Make a plan with trusted friends on what to do and where to meet. Be prepared for those in power to tell you all is well, even as the crap is hitting the fan. Expect your bank accounts and safety deposit boxes to be raided by government as they search for money and gold to operate. Read a copy of "Aftershock" (2nd Edition) by David Weidemer to get an idea of what is going on and why it is happening. Get your money out of the Stock Market and into a safer haven.

I know I'm going to be called paranoid, but when I have several of the sharpest minds in the investment world telling me the same thing, I listen.
Start preparing NOW. There is no telling how much time we have left before the crap hits the fan. Between the Patriot Act, and Obama's healthcare plan, the government has unconstitional priveleges it never has had before. Read my thread on Capp's law. it was called tinfoil hat paranoia by a member of another forum, but as I told him, I'd rather be prepared for something and not have it happen, then caught with my pants down.

I REALLY hope this warning is a waste of time, but too many things are in motion for it not to happen. Hopefully the USA's meltdown won't be as severe as it is in some other nations, but it's best to be prepared for the worst. As far as these stimulus packages and bailouts go, you might as well throw water on a drowning person, throwing more money after the bad is not going to straighten out this economy. You can't spend your way out of a debt crisis. It's like trying to avoid bankruptcy by taking out more lines of credit.

A severe reduction in spending is the only thing that might save our butts, and I just don't see that happening with the leaders we have now.
Ron Paul is about the only politician that sees what is going on and is willing to admit it. Most just want to happy talk you, knowing they will be protected when things go to hell. "Money Mischief" by Milton Friedman is another book that will clue you in on what is going on with our money.

I paid good money to get this advice ( and a lot more information ) but I'm sharing the warning with my friends here for free, do with it what you will. call me names, I don't care, as I am going to have my butt covered, and ready for the crap to hit the fan. If you can't accept at least the possiblity of this happening, then I really feel sorry for you, or else you are welcoming it in which case I won't say what I feel for you.

I'm suggesting nothing radical, nothing wrong with storing extra food, having extra ammo on hand, having some of your portfolio in gold and/or silver even in the best of times isn't a bad thing to do. Owning guns has always been a good investment for me, they almost always go up in price if you own them long enough, unless they are cheap guns. I'm not expecting my LC9 or my DB9 to increase in price, but most of my other guns are holding their own if not increasing in value. Like I say, I hope I am terribly wrong on the dire predictions, but I wouldn't be writing this if I didn't believe the nation is in peril.

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