Remember that scene in the Wizard of Oz where Dorothy throws water on the Witch, and she screams "I'm melting! Oh what a horrible world!" Well, its happening on Wall Street and.. what do you mean "plot spoiler"? That stinking movie has been out since the last Depression these banksters caused!
Anyway after a second thought I realized that I am far too ignorant of these things to comment intelligently, so I will leave that up to the guys at www.lewrockwell.com, at www.dailyreckoning.com, and at www.globaleconomicanalysis.blogspot.com . These guys can provide solid analysis about what is going on, and advise you what to do with the pathetic lump you have left in your 401K.
I can tell you how to survive this shit-storm when you have no money and are nothing but a working class guy. The Book of Proverbs says, "Go to the ant oh sluggard! consider her ways, and be wise!" (You know, I think that is the first time in literary history the words "Book of Proverbs" and "shit-storm" have ever been used together in a paragraph! Hurrah for firsts!)
My Proverb is "Go to the cockroach, thou bone-head! Consider her ways and survive!"
Cockroaches are difficult to kill. Just ask the ones that inhabited my kitchen for three years, non-stop. They were all over everything, and it did not matter what I did, I could not get rid of them. I tried sprays, bombs, traps. I even offered to buy them a trip to Flint Michigan, where my useless brother in law lives. What finally worked was when a pipe broke under the bathtub drain. The plumber had to cut a hole in the wall beneath the kitchen cabinet to get at the bathtub drain and repair it. Well, that's where the roaches had their little safe haven. Once that area had been exposed, the poisons made fast order of the little insect bastards. But I did learn a lot by observing the little critters.
Roaches can eat anything. They aren't choosey. You should be too. Learn to eat a thousand different cuisines because you never know when your going to end up somewhere where the only place open is a cheap dive that serves borderline Chinese food (Our chow mein is made with real chows!) More importantly is where you get your food--or ability to survive. You should have by now at least a dozen different salable skills. I am not talking about "career choices" I am talking about job skills that you can use in a pinch. Can you clean a pool and mow a lawn? You can work in landscape and yard care. Can you change oil and do basic mechanics on cars? Can you care for whiny brats, and change diapers? Can you sell anything? All these are marketable skills Hone them., Be prepared because you may have to use one or more of them to save money or to live on.
Roaches can live anywhere and are not concerned much about property values or the view. Oh no! you lost the McMansion? Well, buck up and lease a flat in the lesser part of town. I myself have lived in trailer parks and cheap ass apartments. One apartment was SO bad, the cockroaches would wake you up at night to tell you you had termites.
Roaches can dodge almost any destructive force, such as a shoe or a flyswatter because they are so damn observant. Keeep your eye out for forces that want to destroy you. This would include the IRS, the child protective services, and most importantly the cops. Remember the key phrase when dealing with ANY government official who is asking stupid questions: "I will say nothing without my lawyer present." Anything you say can and WILL be used against you--even if they have to make it up or take it out of context. The only thing they cannot use against you is silence. Keep your head shut.
Roaches have little or no loyalty. And your loyalty should be limited to close personal friends, and relatives. Under no circumstances should you be a patriot, or be "loyal to your country". Are you loyal to your city? Would you give your life to save the cultural goldmine and beacon of freedom and democracy that is Glendale, AZ? No? Then why the hell are you loyal to an even bigger boon-doggle? Patriotism will get you killed. Why? Because it clouds your mind to possible escape routes. Think of all those patriotic Russians who decided to stay and support the mother land when the Communists took over in 1917. Or those patriotic German Jews who thought they could work with the system and change it. Their corpses DID make interesting grainy black and white photographs.
Roaches breed like crazy. And you should too. Well, maybe not actually produce children, but you should cultivate excellent relations with the family. You made really need their support and skills sometime. Even your brother in law.
Roaches are really good at hiding. You should be too. Be unobtrusive. Don't stick your neck out, express radical opinions in public, or write on blogs (unless you just don't care anymore). Hide all your financial paperwork that you can. Keep your gun in a safe hiding place.
Roaches keep multiple food sources handy. Never ever keep more than you can afford to lose in a single bank account. And diversify. You should have accounts in several banks. If one of them goes tits up (and you won't know about it until it is way too late) you may not lose your money, but your access to it will certainly be delayed. Possibly by weeks.
Using these tactics, the common roach has been around since the days of the dinosaur. You can survive too! Just use the tactics of the roach! Consider her disgusting ways, and survive!
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