Peering Into the Portfolio Pit

August 9, 2011

by Tom Baugh
Starve The Monkeys

With the downgrade of the banksters’ confidence in their ability to beat their tax slaves harder, a lot of you are worried about what is happening to your portfolios now, and what will happen to them in the months ahead.

Don’t be.

A few years ago, the housing bubble was a deadly mirage. Afterward, the conservative punditry was aflame with “it’s just shaking out the losers”, “only the liar-loan types are being hurt”, or similar palliatives about how that latest round of economic terrorism was somehow good for you. Never mind that most of the people hurt, and who remain hurt, weren’t flippers or liars, but simply people trying to buy a house for their family to live in, or commercial property for operating their businesses. This one act of economic terrorism ravaged the country, but still we felt that it was somehow just. Read this recent interview for more insight into this mindset.

If you have a nice fat portfolio today, and haven’t had to burn through it all to just survive, count yourself fortunate. Even if that portfolio loses half its value in the months ahead, or tomorrow, you are still far better off than most of the people who were thrown under the housing bubble bus, and the fleet of buses which followed it. Many of those people lost everything they ever owned, and more. Compared to that, half isn’t so bad. But soon, you too will be one of those “losers” being shaken out. And we’ll be fed the next round of why that is a good thing, so that you won’t be inclined to grab your rifle.

Get used to it. One day, we’ll all be losers. Whether it is the collapse of bonds, or the withering of stocks and derivatives traded to no productive purposes, everything you have will vanish from before you. Gold and silver? If you aren’t “sittin’ on the shiny”, you’re kidding yourself if you think that you actually own any. And if you do own it, don’t worry. Your fellow voters will rejoice as they send their thugs to take that, too, along with everything else that you own, so that all those Bad Grandmas and Bad Grandpas, liberal, conservative and libertarian alike, can get their checks as your children starve. After all, gold has been seized before in this land of Constitutionally free serfs. What makes you think it won’t happen again? Have you still some expectation of justice? If so, have you been paying any attention at all?

Speaking of voting, those Tea Party types really came through, didn’t they? What did any of you expect from that pack of retirees who need their checks? It isn’t as though you weren’t warned.

Our time is coming, but this isn’t it. No matter how bad it looks right now, or how bad the market does next week, this won’t be The Collapse. At the end of this current cycle of theft, you may be poorer, or broke, but you will have merely joined the ranks of millions of your countrymen who have already been victimized in the real estate bubble. As I have said for years, eventually we’ll all be poor.

And then, freed of the hold the tyrants have on our minds, those chains which have bound us all will be lying on the floor. For without these mirages, the property, the portfolios and the hedges, those who can do and who know will begin, once again, to pull ahead of those who simply hold, and held until they were ground into dust. And who either learned, or perished with their emaciated claws grasping at an illusion.

Because it all has just been an illusion, nothing more. Did you really think that when you bought bonds you were entitled to tax slaves giving you more than you paid, plus the road or school or aircraft carrier besides? Did you really think that when you bought stock on an exchange you were somehow helping a company succeed? Only the first purchasers of stock do that; the rest are just gambling that the first risk was worthwhile. And speaking of risk, did you actually believe the lie that risk must be rewarded? Or did you understand that risk also means that sometimes you lose? Did you really think that money somehow has time-value, that a pile of anything should get bigger just because? Only knowledge, thought and effort ever has, or ever will, make anything more valuable.

Did you really think that the Constitution was about your rights and freedoms, and not just an illusion crafted to keep you feeding your wealth and your children into a poverty grinder? Or that our wars have been fought for higher ideals than simply to increase the bond and contract holdings of the wealthy and influential? I know I did, but I’m feeling much better now. Did you actually believe that centralized power was somehow magically better for you than a confederation of independent states? That standing armies and police were preferable to militias? That centralized power wouldn’t be used by the powerful to enlist your fellow man in now bleeding you dry? And to prevent you, by force, from protecting what little you have left?

Your portfolio has always been part of these interconnected illusions, a meta-illusion to keep you compliant from fear that if your faith in those illusions faltered, you, too, would be cast into the pit of poverty and despair.

And now, you are brought to the edge of that pit, and must now become comfortable with the sight of it. And energized with the knowledge that its flames will melt your chains, and those of your fellow man.

I’m often asked how long we have. I don’t really know. And unless you’ve got a seat at The Table, you don’t know either. But I do think we have at least another year. And no, this isn’t 2012 hysteria. But, the Powers That Be will use that manufactured hysteria to further increase their grip until it all squishes between their hands like fists-full of gelatin.

In the years ahead, particularly after the impending collapse, what you know and what you can do will be far more valuable than anything you have today. Salvage what you can how you can, but spend this next year learning and understanding. And reaching out to those destitute and crushed among you who merely blazed the trail you now will follow. Spend what you still have wisely, on things which cannot be stolen or taxed or inflated away.

So, in this installment, I leave you with the familiar Kipling, worth another read right now. I know I don’t always live up to it, especially that “loss-breathing” part, particularly since the risk was man-made rather than by chance, but the rest is a worthy goal, don’t you think?

by Rudyard Kipling

If you can keep your head when all about you
Are losing theirs and blaming it on you;
If you can trust yourself when all men doubt you,
But make allowance for their doubting too;
If you can wait and not be tired by waiting,
Or, being lied about, don’t deal in lies,
Or, being hated, don’t give way to hating,
And yet don’t look too good, nor talk too wise;

If you can dream – and not make dreams your master;
If you can think – and not make thoughts your aim;
If you can meet with triumph and disaster
And treat those two imposters just the same;
If you can bear to hear the truth you’ve spoken
Twisted by knaves to make a trap for fools,
Or watch the things you gave your life to broken,
And stoop and build ’em up with wornout tools;

If you can make one heap of all your winnings
And risk it on one turn of pitch-and-toss,
And lose, and start again at your beginnings
And never breath a word about your loss;
If you can force your heart and nerve and sinew
To serve your turn long after they are gone,
And so hold on when there is nothing in you
Except the Will which says to them: “Hold on”;

If you can talk with crowds and keep your virtue,
Or walk with kings – nor lose the common touch;
If neither foes nor loving friends can hurt you;
If all men count with you, but none too much;
If you can fill the unforgiving minute
With sixty seconds’ worth of distance run –
Yours is the Earth and everything that’s in it,
And – which is more – you’ll be a Man my son!

When that time has come, ours will be the Earth, and everything that’s in it.

Peer with me now into the pit, my friends, and be not afraid. The fear that is now gripping the monkeys, as they begin to feed upon themselves, means that we are winning. Cast not your lot with theirs.

© 2009-2011 Starve Monkey Press, Inc. All rights reserved.

Robert Kiyosaki: Rich Dad Author Is Now a Prepper

June 29, 2011

from Economic Collapse Blog

Are you familiar with Robert Kiyosaki? He is best known for the “Rich Dad, Poor Dad” series of books. Over 26 million books authored by Kiyosaki have been sold and he is recognized as a financial expert by millions of people across the globe. Well, guess what? Even Robert Kiyosaki is warning that an economic collapse is coming. In fact, Kiyosaki and his team of financial experts are encouraging Americans to stock up on food, guns and precious metals. This is yet another sign of just how close we are to the total collapse of the U.S. Economy. Kiyosaki, who once co-authored a book with Donald Trump entitled Why We Want You To Be Rich is now a full-fledged prepper. As even more prominent Americans start warning that an “economic collapse” is coming do you think that the American people will finally wake up and start paying attention?

The statements that Robert Kiyosaki makes in the video posted below are absolutely jaw-dropping. Once upon a time he was all about teaching people how they could get rich, but now he is talking about storing food, buying guns, investing in precious metals and preparing for the coming crash.

The following are 11 of the best Kiyosaki “sound bites” from the video below….

#1 “when the economy crashes as we predict”

#2 “the crowds come rushing in to buy gold and silver”

#3 “we could either go into a depression or we go to hyperinflation”

#4 “or we could also go to war”

#5 “buy a gun”

#6 “I’m preparing”

#7 “I’m prepared for the worst”

#8 “so come to my house and I’m armed and dangerous and I’ll welcome you”

#9 “we have food, we have water, we have guns, gold and silver, and cash”

#10 “the credit card system shuts down, the world shuts down”

#11 “the supermarkets have less than 3 days supply”

If you have not seen this video yet, it is definitely worth the 8 minutes that it takes to watch it. Robert Kiyosaki seems to be extremely alarmed about the future of the U.S. economy….

It certainly seems as though the entire financial culture in America is changing.

Once upon a time everyone wanted to know how to get rich.

Now everyone wants to know how to survive the collapse that is coming.

As I have written about previously, even people like Tony Robbins and Donald Trump are warning that an economic collapse is coming.

Economic pessimism is seemingly everywhere and almost every recent survey indicates that the American people are losing faith in the U.S. economy.

For example, in a recent article I noted that 48 percent of Americans believe that it is likely that another great Depression will begin within the next 12 months.

According to Gallup, the percentage of Americans that lack confidence in U.S. banks is now at an all-time high of 36%. Back in 2007, just 14% of Americans lacked confidence in U.S. banks.

In order for society to function correctly, people need to be able to trust each other and they need to be able to trust the major institutions that hold society together.

Once confidence in our major societal institutions is gone, it is going to be incredibly difficult to get it back.

Sadly, the reality is that many of our major financial institutions have been untrustworthy for a very long time. It is just that the American people are only just now starting to wake up to that fact.

For example, the Federal Reserve has been at the heart of our economic problems for decades but most Americans have not realized it.

But now that is starting to change. According to one recent poll, only 30% of Americans currently view Federal Reserve Chairman Ben Bernanke favorably.

The American people are becoming increasingly dissatisfied with an economic system where the vast majority of the rewards flow to Wall Street, the big banks, the biggest corporations and the ultra-wealthy.

According to the Washington Post, the top 0.1% of all income earners in the United States took home 2.6% of the nation’s earnings in 1975. By 2008, the top 0.1% were taking home 10.4% of the nation’s earnings.

The Washington Post also says that after adjusting for inflation, the average income of the top 0.1% of all Americans jumped by 385 percent between 1970 and 2008 while the average income for the bottom 90 percent of all Americans actually fell by one percent.

The sad truth is that income inequality in the United States has become a major problem. A very small sliver of the population is reaping almost all of the rewards and the middle class is being ripped to shreds. Conservatives, liberals, Democrats, Republicans and libertarians should all be alarmed by this.

Meanwhile, the national debt continues to explode. Right now, U.S. government debt is expanding at a rate of $40,000 per second.

Every single minute we steal another 2 million dollars away from our children and our grandchildren.

But if we stop this theft it would throw the U.S. economy into a horrible economic crisis that would be far worse than what we are experiencing right now.

That is why the vast majority of our politicians do not have the guts to do it.

We truly are caught between a rock and a hard place.

But people like Robert Kiyosaki can see what is coming, and they are getting prepared.

Are you prepared?

Many of our young people have come up with their own versions of an “economic stimulus plan”. In past articles I have documented many of the signs that society is collapsing, including the disturbing rise of the “mob robbery” phenomenon.

Well, just the other day there was another very shocking mob robbery in the city of Philadelphia.

On Thursday, a mob of 40 teens and young adults invaded a Sears department store on 69th Street, grabbed all of the merchandise that they could carry, and stormed right back out again.

We are starting to see these kinds of large scale crimes happen from coast to coast.

So what is going to happen to America if the economy experiences the kind of full out collapse that Robert Kiyosaki is talking about?

We live in very interesting times.

I hope that you are getting prepared.

Copyright © 2011 Economic Collapse Blog

Why Texas Must Secede

June 2, 2011

by Lonestar Watchdog

(Editor’s Note: The Watchdog makes a brilliant observation about how Texas could take a TSA no-fly zone and spin it into wealth. And I can think of a hell of a lot more reasons for Texas to secede. Eventually, Texas secession will happen as a result of (a) some untenable Federal confrontation, or (b) the meltdown of the economy and the need for Texas’ very survival. But don’t look for secession to come from Austin.)

Before anyone says “we have to keep the union together. We go against secession of Texas.” These folks do not understand the people of the Lone Star State. It is about self-preservation and survival of the economic and culture legacy that sets Texas apart from the rest of the country. Many in Texas now see another reason why Texas should to declare independence. Texas has an unique culture, economy and people. Many Texans take much pride in their history from the settlement under Spanish rule to the Battle of San Jacinto that freed Texas from a tyrannical Mexican Military Dictator, General Antonio Lopez Santa Anna. This despot thought he was above the law and the Mexican constitution. His attitude oppressing the people of Texas caused Mexico lose the war trying to control the people.

Texas by its location can be more than just another republic. I can see many airlines doing transcontinental flights moving to Texas bypassing the rest of the United States if they do not have to deal with the TSA. The cost of fuel in an oil rich country would go down significantly which would benefit the airlines passing down the savings to the customers. The Tourist industry would boom because many people taking transcontinental flights might stay in Houston to go to the beach in Galveston, go to San Antonio to see the Alamo and might go to Dallas…a nice stop to enjoy a couple of days of Texas hospitality . This is just one of the benefits that will happen when Texas achieves independence. What is holding Texas back? Washington DC and the control freaks in Congress all the way to the White House.

The United States violated the Annexation treaty of 1846, which was never ratified by the US Senate. When Obama tries to confiscate the guns out of the hands of Texans or declare a siege over the skies if Texas reigned in the TSA, we could see an outcry for secession and demand for a political divorce from Washington DC. I believe Texas will do so much better on their own. As the 10th largest economy in the world and the second most populous state in America, Texas must secede for its own survival to preserve its economic and cultural heritage. Texas is tired of the Obama White House attacking the Texas economy which is very independent and insulated from the rest of the country. The Texas economy is still chugging along regardless were other states have theirs at a complete standstill.

Texas is the only state that flies its flag at equal height to the American Flag because Texas is still a Republic, not just a state. If the President keeps pushing Texas…If the State legislators ignores the will of the people…the people of Texas will make their own way to achieve independence. Texas should secede because the people are too independent-minded and serious about preserving its historical and cultural heritage. The United States is better off without Texas and Texas is better off without the Union. If Obama keeps messing with Texas like he is playing dictator, Texas could spell the end to the imperial empire in Washington. If the White House decides to try to conquer it will be the downfall of his reign. Washington is broken beyond repair.

Texas must secede for its own survival. There are no more options left.

Secession is the Hope For Mankind. Who will be first?

DumpDC. Six Letters That Can Change History.

© Copyright 2011, Russell D. Longcore. Permission to reprint in whole or in part is gladly granted, provided full credit is given.

The End Of The World As We Know It

May 24, 2011

TEOTW Is Foolishness – TEOTWAWKI Will Happen Soon

by Russell D. Longcore

The world media was all abuzz last weekend with the prediction of an event known by evangelical Christians as “The Rapture.” Seems a radio preacher named Harold Camping, head of Family Radio International in Oakland, California (what a surprise…California) made a prediction that Jesus Christ would descend from Heaven on May 21, 2011 and call all Christians…dead or alive…up into the sky to meet him, then going from there on the speed-of-light express directly to Heaven. This prediction is based on various Scriptural references to this event, most notably I Thessalonians 4:17, although most biblical scholars agree that the date of the event is unknown. The term “Rapture” is not found in the Bible, but is a term attributed to 18th century American Puritan preacher Cotton Mather. It is based upon the Latin word “rapio,” which means “to take up.”

Can you blame the media, though? I mean, throw the dice on this one. What if the guy had been right? The video footage would have been the most remarkable footage in the history of mankind. Billions of humans disappearing into the sky in an instant? And all of those billions simply disappearing would have caused complete chaos on earth for those who remained earth-bound…”Left Behind,” like the series of Christian novels by Tim LaHaye outlined. News stories ad infinitum!

But Mr. Camping was mistaken once again. No, this is not his first time making this prediction. Still, it was very entertaining while it lasted.

Let’s drop back a little and discuss The End of the World.

In previous articles, I have written about “connotation words.” They are words with an emotional association in addition to the literal meaning of the word. In today’s world there are many words and phrases for which the literal meaning has been lost and only the emotional association remains. Examples? How about love, liberty, freedom, conservative, liberal, racist, faith, belief, Christ? All emotionally charged, yet their meaning is subject to private interpretation. Also consider the word “nigger.” There’s a word so charged with emotion that white people are deathly afraid of using it, replacing it with “n word.” Of course blacks call each other “nigger” all the time. Try watching a black comedian do a standup routine and play a drinking game while you watch. Do a shot every time the comic says “nigger.” You’ll be passed out before he finishes his routine.

But I digress…

The phrase “The End of the World” is just such a connotation phrase. No one ever seems to define it. The term “End of Days” is used interchangeably. But whatever they mean, they do not mean exactly what they say. The end of days would literally mean that time stood still, the earth stopped spinning on its axis and there were no more days. No one believes that will happen. Even if Harold Camping would have been right, the world would not have ended. Even the Mayan predictions of the “end of the world” do not include the destruction of the earth in 2012.

So what is TEOTWAWKI…the end of the world as we know it??

Here is my explanation, and no supernatural event need happen for the end of the world as we know it to occur. Hang with me, this might take awhile.

This really should be known as “The End Of The Global Super Bubble.” Issuing counterfeit money in conjunction with fractional reserve banking created a super bubble that has distorted nearly every human activity worldwide. And every time throughout history that a government has issued counterfeit money, it has created a bubble that eventually bursts. Seems human beings don’t learn from the past.

All of the nations of the earth have conspired together over the last 70-plus years to use counterfeit money and to inflate their currencies. They have chosen one particular nation’s money as the world reserve currency…the money they use to settle debts between nations. That nation chosen for reserve currency status is the United States of America. In fact, America kind of chose itself. After WWII, America was about the only economy not left in tatters. Great Britain, whose Pound Sterling was formerly the world reserve currency, had been pounded to dust. And at that time, the Dollar was backed by gold.

No nation’s currency is backed by gold now. ALL nations have printed fiat money. The world economy of late has been entirely debt-driven. Between the ever-growing worldwide public debt and the steady inflation of currencies fueled by that public debt, money is becoming more and more worthless. And in a few locations, the money actually completely failed. Remember Weimar Germany, Argentina and Zimbabwe? Their currencies became entirely worthless, and they experienced an “end of the world” in their nations.

When the Confederates States of America was founded in 1861, the Confederate money was entirely based on debt instruments, as the Confederacy sold bonds to raise capital. Most of the gold the South could lay their hands on went to Europe to buy war materiel. As the war progressed, the Confederacy issued more and more paper money. Confidence in the money waned and the dates of redemption on the bonds were extended further into the future. By the end of the war, Confederate money was already worthless. So this is the perfect example of secession that failed because the seceding states got money creation all wrong.

The USA’s dollar cannot continue much longer as world reserve currency. This simply means that of all the criminal nations of the earth that have stolen from the population of the earth, the USA’s level of theft has been the most egregious. Some nations have stolen from just their own people, but the USA has robbed everyone. Washington has borrowed trillions of dollars that it can never repay. Combined with a central bank that has printed additional trillions of dollars with no hard value behind it, the dollar’s value is rapidly eroding. So, in a world where many nations hold US Treasury bonds, those nations face the real possibility that they will either be repaid in dollars of drastically diminished purchasing power, or simply left holding Treasury bonds of no value whatever. That is what’s known as “monetizing the debt.”

There is talk worldwide of replacing the Dollar as reserve currency. China’s Yuan is the most likely candidate. China’s economy sits in the catbird seat, much like the US enjoyed after WWII. When the American Dollar collapses, China’s economy is so vibrant…and China’s government is so robust…that it will be able to absorb a complete American collapse in which Washington defaults on 100% of its debt. But most other nations will suffer greatly. Let’s turn our attention now to the suffering that WILL occur after the collapse of the US Dollar.

When Zimbabwe-like hyperinflation occurs, DC will revalue the currency. The Federal Government will have a redemption period, in which you can bring your old Federal Reserve notes to the bank to receive the new money. After that period, your old money will be entirely worthless. It may add a zero, or two zeroes, or six. Two zeroes would mean that your ten dollar bill will only be worth ten cents. To buy a $2.00 loaf of bread you would have to present $200.00 in new money notes. Hyperinflation burns through your cash like fire.

When the dollar collapses, the banks of the world will shut down their Automatic Teller Machines (ATMs). The banks and credit card companies will also shut down the point-of-purchase machines, otherwise known as credit card machines. That means that unless you have cash on hand, you will not be able to buy anything using a credit or debit card. That will also mean that those on government assistance who receive a pre-loaded debit card will not be able to buy food or anything else.

The banks will declare a “bank holiday.” Sounds fun, but nobody will be smiling. A bank holiday is the bank shutting down and not doing business with ANYONE. So, if you’re checking or savings account has money in it, you will be unable to make a withdrawal. The holiday will likely last indefinitely, or at least until the US Treasury prints up the new money to replace the old failed fiat money. Banks might allow customers access to their safe deposit boxes, but that will depend on the physical risk the bankers must assess.

Legal tender laws will be entirely ignored as people understand that the value of the money is evaporating. Merchants will see that currency values are so volatile that the dollar value at 8 am could be higher than it is at close of business. Why should a seller accept “money” that is decreasing in value? So, many sellers will demand either gold and silver, or some other form of value as payment.

The black market of goods and services will spring into life rapidly after the crash. If you have hard money, or if you can barter goods or services, you will have a chance of survival. If you do not have gold and silver coins…real money…you will not have much chance of survival. And naturally, if you have set aside survival stores, you have a chance of coming out the other side alive and in one piece.


Within hours of the collapse, looting of stores will begin. The looting will begin in inner cities, where the greatest concentration of poor, desperate people live. Then the looting will spread outward from there, eventually spreading to the suburbs and out into the countryside. But don’t think that the looters will only be from the inner cities. There are lots of your neighbors who will become looters too. And once stores have been looted, suppliers will be unwilling to re-supply since their trucks will be targets for highjacking. Envision a beer truck or a bread truck with heavily armed men “riding shotgun.” Just like the stagecoaches of the Old West.

Armed thugs will fill their gas tanks for free as an accomplice holds a gun on the gas station cashier. Gasoline companies will only roll their tanker trucks and refill the tanks with armed escorts. But that only happens if the gas station owner can pay for the gasoline. He’s going to be in the same no-cash boat as most other people.

Those people who are not armed with firearms and a mindset to use deadly force to protect themselves, their families and their property will be victims. It’s not an issue of whether, it will be an issue of when. Almost no one will avoid roaming looters. The question will be who is the greater threat to whom. Thugs only respect superior force. Be sure that your force is superior.

Communications Breakdown

The Internet may be interrupted by your government. Cell phones may stop working, because how are the cell companies going to get paid for service when the money’s no good? And don’t forget radio stations. Most radio stations operate from advertising revenue. The public broadcasting stations operate from donations and government subsidies. After the dollar collapses, and people are scrambling to survive, how many businesses will slash their advertising expenditures? How many people will stop making contributions to charities? So expect to see the majority of radio stations shut down very soon after the collapse. Television stations, cable TV and satellite TV will follow suit, as their revenue is primarily from advertising. We recommend that you become a HAM radio operator as well as CB radio operator.

Hunger and Death

The poor and aged will suffer first and most. Those without food or the means to buy it will die of starvation…a long painful death. Millions will die, and a great many of those millions of bodies will not be buried. Think about it. Who will have money to pay for a casket, burial or cremation? Rotting bodies left unburied always facilitate disease epidemics. Cholera, tuberculosis, HIV, staff infections, Hepatitis B and C, bubonic plague, typhoid and other epidemics regularly occur as the result of mass casualties. So if starvation doesn’t kill you, a plague might. Rapidly, there will be geographic areas you shouldn’t go into because of plague.

People who are weakened by lack of food are also susceptible to a disease epidemic. So it won’t just be the aged or poor that die like flies. People who are on maintenance medication who cannot pay for their medicine will die too.

Law Enforcement

Law Enforcement Officers (LEOs)will face challenges and dangers never before witnessed in the history of this nation. There are already far too few LEOs to effectively prevent crime. After the collapse, it will get worse. LEOs have families too, don’t they? Remember what happened in the wake of Hurricane Katrina? Most of the New Orleans cops didn’t show up for work because they had families to protect. If you dial 9-1-1 after the American economy collapses and the money hyperinflates, you should not expect to ever see a cop at your door. They will only respond to the most serious and grave law enforcement issues. Or, they may be busy enforcing martial law. In my opinion, the functions of the police that we take for granted will be a memory. You will be entirely on your own to protect yourself, your family and your property.

The ONLY human action that can rescue humanity from TEOTWAWKI is the re-establishment of gold and silver-backed money. Simply anointing another nation’s fiat currency as the new world reserve currency may kick the can down the road for a short time, but it won’t fix the worldwide problem. That is, unless a nation like China converted its currency to hard currency and then refused to accept any other currency than the Gold Yuan or gold itself. Remember that the international bankers and the International Monetary Fund are closely allied to Washington. If DC dies, the IMF dies. And if the Yuan becomes the new hard money world reserve currency, the international bankers are stripped of their power to steal. So expect the international bankers to fight Chinese supremacy unless they can continue to inflate and create money from thin air.

We here at DumpDC believe that the gold that is purported to be in Fort Knox is likely long gone. So the statistical chances that Washington could revert to a gold standard are zero. The ONLY logical place that hard money is likely to occur in North America is inside a US State that secedes from the Union. That state will see the hopelessness of central banking, legal tender laws, fiat money and fractional reserve banking and deduce that only hard money can save them from destruction. This must be the first and most important priority for any seceding state. Nothing else will matter if a seceding state gets this wrong. If a seceding state gains its independence from the USA, only to buy into another world currency, it will simply join all the other failing nations in a “me too” effort.

The End Of The World As We Know It is just over the horizon. And it’s true…the world will never be the same once the Dollar collapses. The carnage around the world will be horrific and historic. I sincerely hope that you, dear readers, survive. But individual liberty and property rights could be the phoenix that arises from the ashes of the global financial meltdown. That is, if JUST ONE AMERICAN STATE secedes and establishes gold standard money. If JUST ONE nation of the world makes a decision to fight for its own survival with gold money instead of being dominated by the internationalists and one-worlders. Make sure you place yourself and your family in that sanctuary.

How about a little music that talks about living when “the money’s no good?”

Secession is the Hope For Mankind. Who will be first?

DumpDC. Six Letters That Can Change History.

© Copyright 2011, Russell D. Longcore. Permission to reprint in whole or in part is gladly granted, provided full credit is given.

The Nanny State Can’t Last (Revisited)

April 23, 2011

by Linda Brady Traynham

If only the extraordinarily sensible Dr. Paul were six foot two, with a baritone voice, and would slow down his speech…but he has so much to say, and he will always be beaten by a taller slow-talker with a deeper voice mouthing platitudes and outright nonsense.

Those of us who are “preppers” do so for the very reason you point out: the dregs of our society are supported by the government, as are the weakest members. One of the hardest things I have to do, and I do it pretty frequently, is remind myself that we cannot save everyone. We cannot do it now, and we certainly will not be able to do so in the future which is coming our way at a frightening pace. We must harden our hearts as best we can, or we will all perish together. Let us suppose–and I do not believe the numbers are this good–that 10% of the population has stored six months’ food and can protect it, and that the 2% who still run small farms and ranches are not counted among that number but could preserve livestock and family members from the locusts. At the very best, that would be shy of an eighth of the population able to eat after the crash of the dollar, and does not begin to take into consideration collapse of electric grids and government confiscation. That reduces the matter to very simple arithmetic, indeed: what will feed me for two months will feed me and one other person for one. Four of us will last only two weeks. Eight of us will be out of food in one. As Francisco said to Hank, “It is against the sin of forgiveness I came to warn you,” or close enough. We simply cannot accept anyone into our “family” who isn’t worth what he or she will eat. We have to go back to first principles: if you do not work you do not eat, and unless you produce something of value that a survivalist colony needs as well as earn what you eat, there will be no place for you. Things go wrong; there must be a surplus produced to make up for that and to produce trade goods. The ugliest phrase in the English language will turn out to be, “I thought of that but I didn’t get around to buying it.”

Is a Doctor worth feeding–if he comes with a car full of standard medications? Quite probably. Will a Veterinarian do just as well and even better? Quite probably! We will need to preserve cows, goats, and chickens more than we do people, and the Vet can sew up wounds and has/had access to many medications that humans and livestock both use, such as penicillin and tetracycline.

Obviously, we have no use for the drummer from a rock band (no matter how famous), and a minister had better have other skills as well. How much does he have to contribute if he wants us to take in his wife, a teenaged son, and three children under ten? More than he is ever likely to have, and I’m a staunch Christian.

Can I use a book keeper with arthritis? Yes, of course I can! Somebody has to log inventory, supplies in, supplies out. That is a very time-consuming, exacting job, and one of the things driving me near berserk is how frequently things have disappeared, been ruined, been consumed, or nobody knows where they are. To my horror, I discovered recently that every single propane tank that was supposed to be ready to house people in old motor homes or RVs has been emptied. NOW is a bad time to find out, but it would be anywhere from lethal to extremely inconvenient when there is no more “just in time” inventory. In a time when all we have on hand is all there may ever be it will be urgent to know what we have. On top of which, those tanks run about $20 each to fill and such things add up. No, you can’t fill them from the big propane tank, at least not safely, and all that is in there is all there is, too.

The very sad truth is that most of the population has no idea how to be of the slightest use, and has not made preparations. If someone shows up with a large trailer stuffed to the gills seeking sanctuary we will be able to afford to give him/her/them a trial period to determine if protection and a blessed supply of pure, clean water is worth whatever he/they can offer while they feed themselves. The chances of a bedraggled, desperate couple pulling a toddler in a little red wagon being of any value is very slim. The chances are that members of most families wouldn’t qualify if the oldest generations had made provisions and their progeny had not. I really have no use for a Senior Vice President of one of America’s most famous banks, based on that qualification alone. Fortunately, she is a demon organizer, young, fit, a superb bargainer, and a fine shot who turns into Elly Mae Clampett the moment she hits the ranch, so if my beautiful, very much beloved daughter can traverse the dangerous distance from Dallas to where I live, she can stay. Do I need an accountant being groomed as CFO for a corporation in Seattle? Well…if he can make it here, yes, because he is young, fit, a splendid shot, skilled in martial arts, a magnificent negotiator, an organizer, and a hunter. Yes, I need him, and then we’ll think about him being my son. Do I need Russell Longcore?! Well…he’s awful bright, has an operatic quality voice, and several other skills he can tell you about if he chooses, and somebody has to scrub bathrooms. Actually, everybody has to take turns at scut work. One of my great strengths is that I know when I’m a a leader with command presence and when I’m what’s known as a “warm body,” who can peel potatoes or patch tears in clothing. If there is no electricity it would be nice to have someone who can sing Nessum Dorma and Una Furtiva Lagrima while circling the herd at night. I can teach someone to ride. I can’t teach them to be sensible and as terrific as Russ is! Can I use a really good carpenter who can get along? Sure. Would I take trained military personnel who can be trusted? Of course. Would most of the people in the 175,000 living far too close to me be of any use at all other than as noted? Almost certainly not. If they could be, they wouldn’t be refugees.

One of the things that really needs thinking about and agreement on ahead of time is what sort of social structure a colony needs to survive, and I’ll tell you flat out not to apply for mine unless you understand and can accept that it sure isn’t going to be a democracy. We aren’t going to count snouts on anything more complex than what’s for dinner, and then only from what’s in season and what the Stores Keeper says we can have. No, gentlemen–ladies, if any–I am not joking at all. We’re going to have ourselves a nice little feudal fiefdom for the very simple reasons that a) I have a five year head start, b) I’ve thought all this out carefully, and c) in case anyone has forgotten those are my cattle, goats, pigs, chickens, horses, water, and shelter we’re talking about. I’m no Catherine the Great; anybody who follows the very clear rules will do fine. I’m not bossy, but when I say, “Darlin’ when you get a moment would you…” that is an ORDER and I expect it to be attended to reasonably soon. Nobody has to. They can leave, instead. I have such dreadful rules, too! NOTHING is to be wasted. Leaving an animal unwatered isn’t quite a hanging offense, but don’t do it twice. Or else. Or else what? Or else we’ll throw you out…if you’re lucky. The livestock and gardens, plus our skills and dedication, are what will keep us alive…if anything does. NO fighting, loud, angry voices, backbiting, or jealousy. Because I don’t like it, and that’s my food on your plate even if you did help grow it. Don’t worry. I’m never unreasonable. Unless a better candidate comes along (snort of laughter) Mr. C. (as the hands call darling Charles) makes the decisions around the place. Why? Because he knows how to do it all himself! You don’t reach his rank in the military without learning a thing or two–and he doesn’t boss people around, either, given any choice at all. He is the “go to” man no matter what the problem is because he knows HOW to do whatever it is, fix whatever it is, or come up with a magnificent field fix. If absolutely necessary he’ll “lay a little leadership on you,” as he says, but if he does, you’ll know you deserve it. “Cut brush for the goats every day” means “cut brush for the goats every day.” It’s free, they like it, and it saves feed. If you ask for help, he’ll explain why or show you how. I don’t care how other people choose to set up their colonies, and if you choose to go for elected officials, a boss thug, or to be run by the clergy it’s fine with me. Y’all have a good time. I’ve considered every form of government there is, and for small groups sort of an organized family structure will work best. I am supposing that most of you have read apocalyptic fiction. Remember Patriot? They were all responsible for providing their own food, all of them drank coffee, and within three weeks they were out! Breakfast was oatmeal and lunch was a big pot of (unseasoned, as nearly as anyone said) rice. Dinner was deer or the MRE du jour. No thank you. Three years later the only garden has herbs and they don’t own a single head of stock. They sat around and argued and voted for days on whether and how to rescue a little town that had been taken over by bikers. By the time they finally quit voting and brangling only one traumatized little boy was still alive.

Some things are not suitable to vote on. I could probably come up with a sensible plan for such a situation, but WHY, when I have a man who taught tactics at a l’il ol’ military institution you may have heard of? Mind, I can do the Audie Murphy thing, having found myself in situations where my body was in motion before most people would realize I had “thought” about it at all; most mothers have! I just don’t see any need to reinvent wheels. If I think the neighbors need rescuing I’ll leave it to men trained for the job to plan it and the young and fit to execute the plan while I go make hot cocoa or lemonade, depending upon which I think will be most soothing when I tuck the rescued into a bed with nice, clean sheets and hand them one of the precious, preserved Valium while I croon “There, there, now.” I’m 70 years old, for goodness’ sake, and not trained to take point or rappel off roofs. There are those whose job it is to ride horses and shout “Wolverines!” (Possibly. I prefer nice, quiet ops.) and those of us who know when to make a big pot of hearty soup and contemplate whether it is time to go hide in the woods.

You see what I mean: if you haven’t really thought things like this through, the only kind of two cents you need to be throwing in is mentioning a skill nobody knew you had that is pertinent to the job that needs doing. I wouldn’t put it off much longer.


Linda Brady Traynham,

Moving How Far Out?

January 29, 2011

by Gary North

(Editor’s Note: Dr. North recommends that you move. After yesterday’s post, I think Texas is the obvious choice if you plan to stay in the United States. But don’t forget to look at tomorrow’s post about expatriation.)

A growing minority of the American public is beginning to catch on to the meaning of the Federal government’s deficits and the Federal Reserve’s QE2. The voters did not understand QE1 in October 2008.

We are beginning to see videos lampooning tax rates. This humor is spreading to Europe. Some choice ones are here.

Yet we know that people prefer to sit tight, hoping for the best, even when the evidence screams: “Things will not get better; they will get worse.”

This raises a question: What are signs that it’s time to move out?


Here are a series of scenarios. They are all based on historical examples.

It is Christmas Eve 1773. You live in Boston. The tea party is over. You own a prosperous trading firm. You deal with imports from Great Britain. You tell your wife that you will sell your establishment to your rival before spring. You say that the British will retaliate. You don’t want to get caught in the crossfire.

You could take the money and move inland. But that would require that you learn new skills. You are a city person.

Or you could move to New York City or Philadelphia. You could even move to Charleston, South Carolina. All are port cities. But you are afraid that this conflict could turn into war. You favor the British Empire. Now what? Could the colonists win? Then what would happen to you?

You decide to move to Canada. You could also choose New Orleans, but you don’t speak French, Spanish, or Creole. You sell your home and move north. You leave behind friends and family. Your wife will gripe all the way to Canada.

Then, a few months later, when the British fleet closes Boston harbor, sending New England into recession, she quits griping about your having sold the business. When the war breaks out in 1775 in Boston, she quits griping that you sold her home out from under her. When Lord Cornwallis surrenders in 1781, she quits griping that you moved to Canada. When 100,000 Loyalists move to Canada, and a few of them start renting from you, she thinks you were a man of great wisdom. Or, quite possibly, she dies of homesickness in 1777, and you remarry a Canadian woman twenty years your junior. After all, you have money. Money covers a multitude of wrinkles. You sold out in time and got out in time. You both live happily ever after. Pretty good, eh?

It is 1862. You are a colonel in the Confederacy. You have been discharged honorably from the army because of an injury. You return home to Atlanta. After the fall of Vicksburg on July 4, 1863, you look at a map. You see that there is a straight shot down the rail lines from Chattanooga to Atlanta. You figure that the Yankees will move west into Tennessee to get in control over the rails in Nashville: the South’s hub. They will head for Chattanooga. So, you sell your home in Atlanta. Your wife owns ancestral land in between Atlanta and Savannah. You again look at the map. If the Yankees take Atlanta, they can march to the sea, and from there up to South Carolina, gaining control of the coast. You persuade her to sell her land in 1864. You take the money and buy land – thousands of acres – in south Georgia, almost at the Florida line. You figure the Yankees will not get there until very late. You pack up your things and move.

In September 1864, Sherman burns Atlanta. Then he marches to the sea, burning and pillaging all the way. The Yankees arrive in your town after Lee’s surrender.

Your wife dies in 1866. You remarry. Your name is Henry Holliday. Your son is named John. You can afford to send him to dental school in Baltimore, because you have lots of land money. He gets tuberculosis and heads west for his health. He moves to Dodge. Then he gets out of Dodge. He heads for Tombstone. He survived to get out of Dodge because his father got out of Atlanta.

Lesson: if you can read a map and draw conclusions, you can do quite well in bad times.

You are a Jewish photographer in Germany in 1935. Hitler has been in power for two years. You decide to get out while the getting is good. You cannot take any money out of the country. The government has imposed capital controls on Jewish emigrants. So, you stuff a suitcase full of old photographs that you have collected, and emigrate to the United States. You keep collecting photographs. In 1981, you sell your collection. In 1995, Bill Gates buys it and moves it underground into a salt cave to preserve it. You die in 1998, knowing that have left behind the greatest single privately owned photo collection on earth. Your name is Otto Bettmann.

You are a Japanese farmer in California. You have just heard about Pearl Harbor. You decide that it’s time to move inland, far away from anti-Japanese sentiment in California. You sell your little farm, get into your car, and head for Austin, Texas. The climate will not be too bad. Austin has the University of Texas. Your kids can attend a good school.

A year later, every Japanese person on the West Coast is rounded up and sent to a concentration camp. Their farms and businesses are sold for pittances. Politically connected people buy them. But Japanese living east of Idaho are left alone.

Lesson: when the going gets tough, the wise get going before there is no more going at all.


The refugee leaves from. He gets out, but only when the roads are clogged and the market for property is depressed. He takes what he can put onto a cart.

In contrast, the emigrant plans an escape route before his peers think there is anything seriously wrong. They can see that there is something wrong, but they assume that it can’t get worse. They are wrong in some cases. Things get much worse.

The hard part is to accurately forecast how much worse, and then accurately forecast where things won’t get worse. Then the forecaster must put his money where his mouth is. Well, not really. He keeps his mouth shut. He puts his money where his preferred spot on the map is. Then he sells, moves, rents, and then buys.

The early bird gets the worm. Conclusion: don’t be a worm above ground at sunrise.

When was it time to sell a home in California, Phoenix, Las Vegas, and Miami? In late 2006. At the latest, mid-2007. How many people did? Not many. How many took the money, moved to Texas, and bought a lovely primary home for cash, bought two multiple rent houses for cash, and paid a low capital gains tax only on the secondary houses? Even fewer.

Looking around at your situation, and making forecasts about what the future is for the United States, where else would you go? Unless you are very rich, probably nowhere outside the United States. But inside the United States, there are many places to go. The climates vary, the cultures vary, and state taxes vary.

For most people, moving out is not an acceptable option. Relatives are nearby. Jobs are not transferable easily. People stay put. They put up with things as they are.

This is why, for a few, there is a market to sell into.

Most people will not get out of the way in time. They are rooted in place. They look at their roots and conclude: “It’s too expensive for me to move. So, I will assume that things will not get any worse.” They filter information based on this original assumption.

They don’t move to. They don’t move from. They sit tight.

Yet Americans move all the time. They are the most mobile large population in history – or were until the rural Chinese started heading for cities in the late 1980s. Every year, millions of Americans move. Half of these moves are across state lines. We change jobs every 7 years – the highest turnover on earth. It’s over 11 years in Japan. So, we respond to incentives: moving to. This is wise. But the incentives are conventional: a better job down the road, a nicer home for the money, a more leisurely pace. The moves are not moves out as much as moves to. I think this is wise.

The question is this: What will be the incentives in five years, after another $7 trillion get added to the Federal government’s on-budget budget? What happens if there is QE3 and even QE4? How will the real estate market be doing where you are today compared to where you would like to be then?

Have you done what Henry Holliday did in 1863? Have you looked at a map?

It won’t be Sherman marching to the sea. It will be Bernanke marching into the sea of debt.


You are already way ahead of the curve. You have read my reports and reports like it. You regularly read materials that your peers and relatives rarely see and would not believe if they did read them. But it is clear that, over the last three years, far more people are reading such materials than before.

This makes you aware of what your situation is likely to be in five years. How much thought have you given to the details of what your situation could be?

People think about things in general before they think about things in particular. You have thought about things in general with greater perception than your peers. But this only raises questions regarding specifics. People resist thinking about the specifics. Here are a few specifics to think about.

What will rising long-term interest rates do to housing in my town?

What will the job market be like in my industry? How well will people in my age bracket be doing employment-wise in my industry five years from now?

What is the likelihood that my pension program will still be in force and also growing?

How well will urban real estate do in comparison to small town real estate?

What will be the effect on urban government budgets in a time of rising interest rates?

How solvent is the state government where I now reside?

Will the government impose new taxes, especially a VAT sales tax, to cover the budget?

What likelihood is there that my state will default on its bonds?

In terms of safety, will my location be reasonable?

What climate would I want to live in if energy costs triple?

How dependent am I on income generated in my region?

If I could generate 80% of my income from the Web, would I still want to live where I live today?

Is there a better location socially where my children would be safer?

If I were starting out today, would I move here?

In terms of my pre-adult children, does my present location offer them the best opportunities?

Is the cost of living significantly lower elsewhere?

Is the lifestyle that I really want what I will have in five years?

What is the main liability geographically where I live now?

How much money will it take over the next five years to overcome this liability?

The average Joe has never sat down and asked these questions. He has surely not put pencil to paper, jotting down first-response answers. He prefers to drift along. He prefers ignorance. He fears responsibility. He thinks he can defer it. He thinks he can kick the can.

He is pretty much like Congress. Congress is what it is because voters are what they are.


I don’t think most people who live in wealthy first-world nations should move to foreign nations. I do not think there will be a repeat of the pre-War tyrannies. Why not? Because the Web will keep dictators from ever getting into a position to impose tyranny. It might happen in a national emergency such as a biological attack. But such an attack would not honor borders. It would spread.

So, I am partial to a strategy of moving inside the nation. It is cheaper to do this financially and legally than to move to a different country. It is also cheaper culturally. Reduce the cost of the move. When the cost of anything falls, more is demanded.

There is no national leader who commands the charisma of a Hitler, a Churchill, or a Roosevelt. The Web makes it unlikely that anyone like those men will appear again. If they do, the Web will take them down several notches. The Web pops messianic bubbles very fast. The economy pops any who survive the Web’s assault. This is positive.

Get out your map. Get out a pencil and a sheet of paper. Go through the exercise of Map-n-Go.

Before you do, read this.

Gary North is the author of Mises on Money. Visit He is also the author of a free 20-volume series, An Economic Commentary on the Bible.

Copyright © 2011 Gary North

Moving Before The Economic Collapse

November 19, 2010

What Is the Best U.S. State to Move to If You Want to Insulate Yourself From the Coming Economic Meltdown?

Reprinted with permission from End of the American Dream.

(Editor’s Note: The author missed the Number One destination…Texas.)

Today, millions of American families are considering a move to another part of the country because of the growing economic problems that the United States is experiencing. In the past, most Americans would normally just ride recessions out and would be able to safely assume that things would get back to “normal” sooner or later. But for many Americans, this time just feels different. Unemployment has never stayed this high for this long since the Great Depression. Thousands of our factories and millions of our jobs have been shipped overseas, and many of our formerly great cities (such as Detroit) have been turned into deindustrialized wastelands. The federal government and most state governments are essentially bankrupt and continue to get into more debt at an accelerating pace. Meanwhile, Helicopter Ben Bernanke and his cohorts at the Federal Reserve have fired up the printing presses in a desperate attempt to revive the U.S. economy. Many believe that by flooding the financial system with paper money that they are setting in motion a series of events which will eventually lead to the death of the dollar. With so much wrong with our economy, is it any wonder why more Americans are deeply concerned about the state of the economy today than at any other time since World War II?

As the economy continues to crumble and as millions of Americans find it nearly impossible to find a good job, many of them have been wondering if things are any better in other parts of the country. And without a doubt, some areas of the U.S. are complete and total disaster zones at this point. For example, so many houses have been abandoned in Detroit that the mayor has proposed bulldozing one-fourth of the city. In Las Vegas, it was estimated that approximately 65 percent of all homes with a mortgage were “underwater” at the height of the housing crash. The number of people unemployed in the state of California is approximately equal to the populations of Nevada, New Hampshire and Vermont combined.

Unfortunately, there is every indication that the U.S. economy is going to get even worse.

So if the economy does collapse, where should people go? What would be the best U.S. state to move to?

Well, in choosing a place to live, the following are some of the factors that you will want to consider….

#1 You Need To Make Money

Unless you are independently wealthy or you work for yourself, you are going to have to find a way to make money. For most people, that means getting a job. Unfortunately, jobs are only going to become harder and harder to get in the years ahead. In fact, right now there are not a lot of areas in the U.S. where jobs are plentiful. It has been said that there is some work up in Montana and in the Dakotas because of all the oil that has been found there, but other than that there are not a whole lot of bright spots out there. Many Americans are trying to become independent and build their own businesses, but that is not always an easy thing to do either.

#2 Lower Housing Prices And A Lower Standard Of Living

Many Americans are packing up and moving from states that have a very high cost of living (such as New York or California) and are moving to areas where housing is cheaper and where it doesn’t take as much money to live. After all, why pay half a million for a house when you can get the same house for $200,000 in another part of the country? Many people are discovering that a lifestyle with fewer bills and a smaller monthly budget can be extremely liberating.

#3 Food And Water Independence

More Americans than ever are becoming concerned about food and water independence. After all, if the U.S. economy does totally collapse someday, how will we all feed our families? 100 years ago, most Americans grew at least some of their own food. Today, very few Americans do that. Fortunately, a growing number of Americans have started to grow “survival gardens” and/or have started to store up emergency food supplies. If the inflationary policies of the Federal Reserve do end up totally trashing the U.S. dollar, the food that you and your family have stored up will end up being a great investment. In addition, in 2010 many Americans are looking for a place where it is possible to grow food and where water is plentiful when picking out a new area to move to. Owning a fertile piece of land is going to be a great asset to have in the years to come.

#4 Community And Crime

If the U.S. economy does collapse, rioting and gang violence will turn many American cities into war zones. Just remember what happened to New Orleans after Hurricane Katrina hit. That is a Sunday picnic compared to what could happen if the U.S. economy falls apart. Many Americans can see what is coming and they are moving out of the big cities. But wherever you move to, you will not be alone. So do your research ahead of time. Are you moving to an area where the people are friendly and helpful? Will you have family and close friends in the region? It is always good to have a support system around you – especially when times get hard.

#5 During Hard Times Weather Makes A Difference

During good times it is fairly easy to live just about anywhere, but if the economy falls apart the elements will become a bigger factor. For example, if you plan to totally rely on the power company, do you really want to live some place where it gets down to 20 or 30 below on a regular basis? What is your backup plan if basic services shut down for an extended period of time? How will you provide power and heat for your family? In addition, do you want to move some place incredibly hot if you can’t always count on having air conditioning? The truth is that weather can make a huge difference in your lifestyle. The desert or the mountains may sound appealing now, but when you are trying to grow food they may not seem so great then.

These are just a few of the things to take into account when choosing a new place to live. There are certainly many others to think about as well.

But all of us should be starting to think about these things. Now is the time to prepare – not later. When the U.S. economy does collapse, millions of American families will be scrambling to come up with a plan, but by then it will be too late.

Unfortunately, we are already starting to see signs of inflation. The price of gas has risen 6 cents a gallon over the past week, and a recent CNBC report detailed some of the shocking price increases that we have been seeing for agricultural commodities….

The Standard & Poor’s GSCI agricultural commodities index is up 25 percent for the year and 16 percent in the last quarter alone. Among the big gainers: cotton (90 percent for the year), coffee (45 percent) and Kansas wheat (31 percent). Sugar’s price has zoomed 26 percent in the fourth quarter, while corn, which is used to make so many other products, is up 20 percent for the year.

So what are some of the states that many Americans are choosing to move to?

Well, in no particular order, the following are some of the states that Americans have been moving to in an attempt to insulate themselves from the coming economic problems. Please feel free to debate the pros and cons of these states (or make additional suggestions) in the comments section following the article….

* Montana
* Idaho
* North Dakota
* South Dakota
* Wyoming
* Colorado
* Nebraska
* Kansas
* Alaska
* Oklahoma
* Arkansas
* Missouri
* Tennessee
* Kentucky
* West Virginia
* Maine
* Washington
* Oregon
* Vermont
* New Hampshire
* Virginia (the mountains)

So what do you think about this list? Which state do you think is best for those Americans who are seeking to insulate themselves from the coming economic meltdown?

(Editor’s Notes Part 2: (1) Texas has a diverse economy with a strong manufacturing base. (2) Housing prices must include utilities, and a Southwestern state like Texas has hot weather for more months per year, meaning less heating costs. (3) Long growing season means more food. (4) Austin is a friend to gun owners, and widespread gun ownership and right to carry means lower crime. (5) Texas is a big place. Choose South Texas for the most moderate weather year-round. Sure it’s bloody hot sometimes, but you won’t freeze to death like in Montana.)

Reprinted with permission from End of the American Dream.

Copyright © 2010 End of the American Dream

If You Can’t Touch It, You Don’t Own It

November 17, 2010

(Editor’s Note: You must own silver, and you must take delivery of that silver. Don’t let someone talk you into silver stocks or silver futures. For wealth preservation, and secure money, your first position must be in physical gold and silver coins and bullion. Period.)

David Morgan of and James Turk of discuss physical silver vs paper silver and backwardation.

Turk and Morgan each suggest physical ownership of silver over paper ownership to eliminate counterparty risks. “It’s the only money that stands outside of the system,” says Morgan. “Everything else is dependent on a bank or a broker or some kind of an electronic trading apparatus for settlement.”

Morgan forecasts that silver could get into the $30s by year-end and $40s by the end of the first quarter of 2011.

© 2010 Bull Source

Thwarting Tyranny With Bullets

October 23, 2010

If you’re a regular reader here at DumpDC, you see that we spend a significant amount of time talking about monetary policy as it relates to secession. We also point you toward making purchases of gold and silver, with our emphasis on silver…since it’s cheaper and more readily available to the masses.

We always say that we are not investment counselors, and we’re not. We always say that your reason for buying gold and silver should not be as an investment from which you expect appreciation and profit, but that your reason for buying precious metals should be restricted to wealth preservation only…money as a store of value.

But in a melted economy, there will be a lot of different things that can be used for barter. Today, we want to get you thinking about ammunition in a number of ways. I thought for one moment that I should not write this article for fear that it would give the criminal political class ideas. But truly…I doubt if any of them are visiting this website. And my ideas are not new.

Ammunition is the obvious reason that firearms exist. Firearms make bullets travel fast. Sure, you could insert a bullet into your target manually, but targets usually resist that. Ammunition is a tool, just like the gun is a tool. It performs a specific task.

Those in our nation that wish to restrict our natural right to keep and bear arms have passed laws of every tyrannical stripe in the attempt to get guns out of the hands of the citizenry. But curiously, they have not moved en masse to restrict ammo purchases and ammo ownership.

At the present time…at least in most of the country…no permit nor paperwork is required by ammo dealers to buy or sell ammo. You can walk into most stores…even Walmart…and buy ammunition like you buy a gallon of milk. Pay your money and walk out. That may change, and that’s the reason you should be stocking up on ammo NOW.

And what is a firearm without ammunition? It’s wall art, or a nice collection of finely crafted machinery. A rifle could be a club, but a baseball bat works better.

So, until Washington decides to make a move against ammunition, begin now buying ammunition. Ammo will never be worthless, unlike paper currency. On the contrary…if TSHTF, ammo will have ever-increasing value. Ammo also comes in small portable quantities, just like coins do. And because of the dizzying variety of firearm cartridges, ammo will have trade values down as small as a few cents per round. Imagine being able to buy a pack of Hubba Bubba Watermelon chewing gum for a few .22 LR cartridges!

Buy ammunition this way:

1. Buy small quantities regularly. In the investment world, this is sometimes called “dollar cost averaging.” Prices will fluctuate, but by making regular small purchases, you will probably lower your overall cost. Naturally, always buy stuff on sale…if there is such a thing as ammo on sale.
2. A life rule in the 21st Century is that you should NEVER take a credit card into a gun store or buy anything firearm-related with plastic. Always pay with cash, never with plastic of any kind that leaves a paper trail.
3. Buy more ammo in the calibers of the firearms you own. You can never have too much.
4. Then buy a wide variety of popular handgun, shotgun and rifle ammunition. For handguns, buy .22 long rifle, 9 mm and .45 caliber rounds. For shotguns, buy 12 gauge buckshot, slugs and birdshot loads. For rifles, buy .22 LR, .223, 30.06, .308 and 7.62 x 39 mm cartridges. These are the most popular cartridges, but you really cannot go wrong buying lots of other cartridge sizes.
5. Store it safely at home or another location of your choice. Think about storing at multiple locations. Even think about caching some or burying some in watertight containers. Just don’t forget where you buried it.
6. Ammunition has a very long shelf life, so spoilage is not a critical consideration. Just keep it dry and out of the sun and it should last for years.

Someday, when we’ve reached TEOTWAWKI, and some states have seceded, there will be a period of time in between the USA and the viability of the new seceded nation. You are going to need spendable money and other items of value that can be traded and bartered for goods and services. Ammunition will always be a highly valued commodity, and will likely save your ass in more ways than just leaving the business end of a gun barrel quickly. It could be used to feed your family and help y’all survive until civilization returns.

Secession is the hope for humanity. Who will be first?

DumpDC. Six Letters That Can Change History.

© Copyright 2010, Russell D. Longcore. Permission to reprint in whole or in part is gladly granted, provided full credit is given.

Empty Store Shelves Coming To America

July 15, 2010

Courtesy National Inflation Association

The National Inflation Association today issued a warning to all Americans that empty store shelves will likely be coming to America as a result of government price controls during the upcoming hyperinflationary crisis. This morning, NIA released a video preview of what hyperinflation will look like in the U.S. This extremely important must see video is now available at the bottom of this article.

NIA’s six-minute video released today goes into detail about an event that took place just outside of Boston, Massachusetts in May of this year. This story was widely ignored by the nationwide mainstream media, but NIA believes it was one of the most important news events of the first half of 2010. Although this particular crisis in Boston was due to decaying infrastructure, NIA believes a currency crisis will lead to the same type of panic on a nationwide basis.

NIA hopes that this video serves as a wake-up call for Americans to take the necessary steps to prepare for hyperinflation and become educated about the U.S. economy. In Zimbabwe during hyperinflation, Zimbabweans were forced to transact in gold and silver. It’s only a matter of time before the U.S. dollar becomes worthless and the only Americans with wealth will be those who own gold and silver.

Citizens of Boston were able to survive their recent crisis with the help of the National Guard, but the National Guard won’t be there for Americans during hyperinflation. 40.2 million Americans are currently living off of food stamps, but food stamps won’t have any purchasing power during hyperinflation. The United States’ day of reckoning is ahead. We cannot go on living with record budget deficits and accelerating national debt growth forever.

Just yesterday it was announced that for the first time ever, a major credit ratings agency has given China a higher credit rating than the U.S. While most credit ratings agencies including Moody’s, Standard & Poor’s and Fitch Ratings still rate U.S. debt as AAA, NIA believes the real credit rating of the U.S. should be junk. The only way one could possibly justify a U.S. credit rating of AAA is by taking into account the Federal Reserve’s ability to monetize our debt through inflation. However, printing money to pay off debt is a lot worse than defaulting on it. Inflation is very deceptive, it destroys the value of savings while transferring wealth from the poor and middle class to the rich.

The U.S. has a budget deficit just from Social Security, Medicare and Medicaid alone. NIA urges President Obama to implement dramatic cuts to these entitlement programs immediately, while simultaneously reducing the size of government across the board. Time is growing short for Obama to rein in government spending. The longer Obama waits to reverse course, the harder it will be for the U.S. to recover from the calamity that is about to unfold.

Please forward this message to everybody you know. It is essential to the well-being of all your family members and friends that they watch our new video entitled “Empty Store Shelves Coming to America.”

Please spread the word about NIA and have your friends subscribe for free at: National Inflation Association