Don't know how many of you lived through them, but, it SURE wasn't purty.
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GAS RATIONING!
Extra sweaters in the winter. LOL
Inflation - 21%
Interest rates - 13%
Unemployment - 7%
Yep, the "good ole days". Welcome back, Kotter
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Interest rates - 13%
Unemployment - 7%
Yep, the "good ole days". Welcome back, Kotter
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This will be 100's times worse than the Carter years. Larry Burkett predicted the Coming Economic Earthquake in the early 1990's and he did not even imagine the debt would be this bad. My prediction: it's over, America is done for and we will be owned by China one day or at least they will control what we do. We have destroyed ourselves buy electing officials who line their pockets with greed and pile on debts to future generations which no one can repay. Yep the parties over guys and you better start buy gold and silver as soon as you can.
As much as I agree with you, I have to ask what good will gold and silver do? there will be nothing to purchase. The annoucements today are guaranteed to drive more businesses to the ground and hit the sotck markets like a neutron bomb. What Al Queeda was unable to do 8 years ago, this administration is doing in a few months. yeah it was bad, and GWB did a horrendous job, but this guy and his cronies are throwing money around like it grows on trees.
Have you tried to buy a box of pistol ammunition in the Shoals recently? Can't even find .45 ACP here in town, and when you find it it, you can hardly afford it. It is like gold.
I think most people will not admit it, but they know what is coming. He wanted class warfare, but a civil war is much more likely.
Have you tried to buy a box of pistol ammunition in the Shoals recently? Can't even find .45 ACP here in town, and when you find it it, you can hardly afford it. It is like gold.
I think most people will not admit it, but they know what is coming. He wanted class warfare, but a civil war is much more likely.
We are in for a bad turn, but don't count the US out for one second. The rest of the world has it worse.
teyates,
Try the internet for ordering ammo. Not all of it is expensive and it is available.
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teyates,
Try the internet for ordering ammo. Not all of it is expensive and it is available.
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Why own gold? So you can put gas in your car, so you can buy a loaf of bread, meat, or food in general. There will always be food to buy and if you have silver or gold vs the US dollar then you have a commodity. If the dollar is worthless then you have only a piece of paper that you can wipe your butt on or start a fire with.
Not sure the other countries are as bad as us but we are all in this together. We have the most debt, but our currency is strong still what happens when the FED bubble burst and the dollar plummets, how much money will they print then? The Fed is already print too much money now and most everyone knows it but Congress is doing nothing to stop the printing presses and not only are they not stopping the presses they are spending money way out of control with no way of paying for it. Right now with tax revenue going in the tank, there will be NO extra money to pay the interest on our debt. Which means we are in fact broke. As long as China loans us money to pay the interest we are okay but the day of reckoning is coming.
Not sure the other countries are as bad as us but we are all in this together. We have the most debt, but our currency is strong still what happens when the FED bubble burst and the dollar plummets, how much money will they print then? The Fed is already print too much money now and most everyone knows it but Congress is doing nothing to stop the printing presses and not only are they not stopping the presses they are spending money way out of control with no way of paying for it. Right now with tax revenue going in the tank, there will be NO extra money to pay the interest on our debt. Which means we are in fact broke. As long as China loans us money to pay the interest we are okay but the day of reckoning is coming.
ng,
I know the premise behind it, but I doubt when that time comes that you will able to buy anything. The best bet is learn how to grow your own food, or figure out a trade for it with some form of labor. I keep hearing everyone tell me to buy gold, but where would you put it? If the banks are not safe, crime is rampant, and lets face it when it gets that bad a simple lock on the door is not going to keep them out, and the criminals have guns as well.
Like Howard says, the rest of the world is going to hell in a handbasket as quick as the rest of us. They already had socialism, so we know this plan of his is not going to make it any better.
I know the premise behind it, but I doubt when that time comes that you will able to buy anything. The best bet is learn how to grow your own food, or figure out a trade for it with some form of labor. I keep hearing everyone tell me to buy gold, but where would you put it? If the banks are not safe, crime is rampant, and lets face it when it gets that bad a simple lock on the door is not going to keep them out, and the criminals have guns as well.
Like Howard says, the rest of the world is going to hell in a handbasket as quick as the rest of us. They already had socialism, so we know this plan of his is not going to make it any better.
I might have to move to Iraq before this is all over. It will probably be safer and more of a democracy!
Some silver and a few 1/10th ounce gold coins might be worth keeping around.
We're on a slippery slope. A good part of the world is in a crisco handbasket to hell!
We're on a slippery slope. A good part of the world is in a crisco handbasket to hell!
I agree hopefully the government will not take everythng because thieves might kill you for the rest, but you have to own some gold and silver even if its small amounts. Silver quarters and half dollars are easy to come by. You will have to keep these small amounts in your home and hope they are safe but you really do not have too many choices. Yes, grow your own food and yes the local farming may be the life.
It's interesting how I have heard more conversations concerning the next American revolution than I have in the past thirty years. Sure, the libtards whined, but they are really parlor pinks and don't have the stomach for it. But now I hear regular, upstanding, conservative people wondering when it's going to happen.
quote:Originally posted by ngt2293:
This will be 100's times worse than the Carter years. Larry Burkett predicted the Coming Economic Earthquake in the early 1990's and he did not even imagine the debt would be this bad. My prediction: it's over, America is done for and we will be owned by China one day or at least they will control what we do. We have destroyed ourselves buy electing officials who line their pockets with greed and pile on debts to future generations which no one can repay. Yep the parties over guys and you better start buy gold and silver as soon as you can.
Ya, I know right. Who did Bush think he was letting the oil prices rocket so high. And even starting a couple wars to get more oil. You'd almost think he used to be in the oil business before being president. Oh wait...
Loki,
Here is some news for you....the president can do NOTHING, absolutely NOTHING to control the price of oil. He can however raise the taxes on gasoline, like Obomber wishes to do, which will directly affect the price you pay at the pump.
Here is some news for you....the president can do NOTHING, absolutely NOTHING to control the price of oil. He can however raise the taxes on gasoline, like Obomber wishes to do, which will directly affect the price you pay at the pump.
Ya, your right, not like he could have made an effort to try and do something about it. But why would he, his old oil buddies were making more money than they ever have. Guess your right, he could do nothing. I wouldn't want to piss off my rich friends by telling them they couldn't price gouge the American people. I mean that's just not ethical.
The oil market is global. The President's ability to affect the market is marginal, unless you suggest use of military force.
quote:Originally posted by Loki:
Ya, your right, not like he could have made an effort to try and do something about it. But why would he, his old oil buddies were making more money than they ever have. Guess your right, he could do nothing. I wouldn't want to piss off my rich friends by telling them they couldn't price gouge the American people. I mean that's just not ethical.
You do not have a clue about what you are talking about. Like I said the POTUS can do nothing. However, if you beleive that, hold on to that thought, so when gas reaches $4 a gallon later this year or next you can call ask his excellency, the big O, to make some calls on your behalf.
the Carter years will look like good times in six months. This is the beginning of the end of the United States as we know it.
quote:Originally posted by teyates:
Loki,
Here is some news for you....the president can do NOTHING, absolutely NOTHING to control the price of oil. He can however raise the taxes on gasoline, like Obomber wishes to do, which will directly affect the price you pay at the pump.
Unless, you consider he can start his own private little war in the the area that has the 2nd largest oil reserves in the world. By making this area a war zone, it automatically raised the price of oil. In addition, by de-stabilizing the entire region where most of the world oil comes from, the speculation on the futures of oil all went up.
Not only that, but to burn more oil (oil products) in occupying that country than the output of that country puts higher demand on world supply and lower supply, by nature, raising the price of oil.
Yep, the president CAN affect the price of oil and therefore the price of gasoline at the pump.We have just seen an example.
So is Obama going to invade Alaska or N. Dakota?
quote:Unless, you consider he can start his own private little war in the the area that has the 2nd largest oil reserves in the world. By making this area a war zone, it automatically raised the price of oil. In addition, by de-stabilizing the entire region where most of the world oil comes from, the speculation on the futures of oil all went up.
Not only that, but to burn more oil (oil products) in occupying that country than the output of that country puts higher demand on world supply and lower supply, by nature, raising the price of oil.
Yep, the president CAN affect the price of oil and therefore the price of gasoline at the pump.We have just seen an example.
I guess Hurricanes Katrina, Ike, and Gustov shutting down Gulf Coast refineries had nothing to do with our gas prices at all, right?
If there is any benefit from the high gas prices, it's that it taught Americans how to conserve gas and use less. Demand has dropped, OPEC has tried to reduce production to get gas prices back up, but as gas gets higher, Americans use less.
It's not gas prices that I'm worried about, it's taxation. Obama has done exactly what I predicted, outspent the Bush administration in a little more than a month. I expect the National Debt to be staggering in 2012, even more so than it is today.
We can't pay it back, neither can our kids or grand kids. It puts us in a very vulnerable situation, much more vulnerable than simply having high gas prices.
Little lesson in empire building. If a president wished to control middle east oil, Kuwait is the key. Large oil capacity, rather easy to occupy and control of access to the nation and the ability to control all shipments from Iran, most of Iraq, Saudi, and the emirates.
quote:Originally posted by im4uhonee:
the Carter years will look like good times in six months. This is the beginning of the end of the United States as we know it.
Then I assume you are looking for another country to flee to.
"Unless, you consider he can start his own private little war in the the area that has the 2nd largest oil reserves in the world. By making this area a war zone, it automatically raised the price of oil. In addition, by de-stabilizing the entire region where most of the world oil comes from, the speculation on the futures of oil all went up.
Not only that, but to burn more oil (oil products) in occupying that country than the output of that country puts higher demand on world supply and lower supply, by nature, raising the price of oil."
Planning for such operations was my area of expertise for 30 years while working in or for the Army. In no way would a rather small operation such as the invasion of Iraq come near using petroluem products equalling the production of Iraq. For that, you could plan an invasion equivalent to D day and its aftermath. Next!
It will not be good in the US for a while. Elsewhere, it will be worse.
I'm returning to the US in two months and job hunting, in three.
Not only that, but to burn more oil (oil products) in occupying that country than the output of that country puts higher demand on world supply and lower supply, by nature, raising the price of oil."
Planning for such operations was my area of expertise for 30 years while working in or for the Army. In no way would a rather small operation such as the invasion of Iraq come near using petroluem products equalling the production of Iraq. For that, you could plan an invasion equivalent to D day and its aftermath. Next!
It will not be good in the US for a while. Elsewhere, it will be worse.
I'm returning to the US in two months and job hunting, in three.
Earlier I had done some research on the oil in Iraq, and although this is all from my memory, I believe it is roughly accurate.
Before the Iraqi invasion, Saddam was exporting about 3 million barrels / day, and could have exported even more had the UN lifted the sanctions. About 3 or 4 years after the invasion , the export of oil from Iraq was down to around 2 to 2.5 mill barrels / day. (it probably is back up now, but this was then)
At that time, there was only about 1 or 2 million barrels / day surplus production capactity in the world.
The US was using about 1/2 Million barrels / day to support the occupation for Bush's ego.
The result was quite a bit of oil off the world market, plus the cost of most of the oil in the region was increased due to the insurance of shipping out of a "war zone".
I freely admit that understanding the world oil market and the pricint is above my pay grade, but to think that the unwarranted invasion and occupation of Iraq did little to nothing to increase the price of oil on the world market is , I believe, somewhat foolish.
PS, I could never verify the following, but I heard also that since we bombed much of the refining capacity of Iraq, we were supplying that country with gasoline which they paid only a few cents per gallon for. Knowing how much Bush loved his Iraqis , I suspect there was much truth in that.
Before the Iraqi invasion, Saddam was exporting about 3 million barrels / day, and could have exported even more had the UN lifted the sanctions. About 3 or 4 years after the invasion , the export of oil from Iraq was down to around 2 to 2.5 mill barrels / day. (it probably is back up now, but this was then)
At that time, there was only about 1 or 2 million barrels / day surplus production capactity in the world.
The US was using about 1/2 Million barrels / day to support the occupation for Bush's ego.
The result was quite a bit of oil off the world market, plus the cost of most of the oil in the region was increased due to the insurance of shipping out of a "war zone".
I freely admit that understanding the world oil market and the pricint is above my pay grade, but to think that the unwarranted invasion and occupation of Iraq did little to nothing to increase the price of oil on the world market is , I believe, somewhat foolish.
PS, I could never verify the following, but I heard also that since we bombed much of the refining capacity of Iraq, we were supplying that country with gasoline which they paid only a few cents per gallon for. Knowing how much Bush loved his Iraqis , I suspect there was much truth in that.
While the Carter years were an unquestionable disaster, I appreciate them for opening my eyes to the truth about the Democrat Party.
Until Carter I was a yellow dog democrat. I was told from infancy that democrats were for the little man, and republicans were for the rich (sound familiar), and never even thought about issues, truth, patriotism, or anything else. The MSM said to vote democrat so I did. Parents and grandparents said vote democrat so I did.
Union bosses said vote democrat so I did.
Until the advent of Carter!
I am ashamed to say that I helped him into office, but I am glad to say it took only a few months to start wondering.
I saw things in the news that didn't fit with my personal beliefs. I started reading and researching issues and positions for myself, and I discovered that for all those years I had been lied to!
The democrats were not for the little man, they just wanted to keep men little and under there thumb! They were not the party of patriotism, they were the party of lies, deceit, and denying what America is all about!
It took several years of self-rehab to get completely clean ( Bud the Dud Cramer was my last), but I finally reached a point where I could stand up in public and say, " I am a recovering democrat, and I haven't voted for one in years"!
It really feels good to be clean and free of democratism, actually letting the truth of freedom in and enjoying the freshness of a clear mind uncluttered by propaganda!
Before all those still addicted to the leftist viewpoint start attacking let me say I'm not a Republican either, I just haven't found anyone else worth voting for since my self-rehabilitation and that I support the Constitution, and not any political party. If the democrats ever dump socialism I may give them another look, but I don't see that in the near (or even intermediate) future.
I survived the Carter years okay, and I'll survive Obama and his crowd of anti-Americans.
Until Carter I was a yellow dog democrat. I was told from infancy that democrats were for the little man, and republicans were for the rich (sound familiar), and never even thought about issues, truth, patriotism, or anything else. The MSM said to vote democrat so I did. Parents and grandparents said vote democrat so I did.
Union bosses said vote democrat so I did.
Until the advent of Carter!
I am ashamed to say that I helped him into office, but I am glad to say it took only a few months to start wondering.
I saw things in the news that didn't fit with my personal beliefs. I started reading and researching issues and positions for myself, and I discovered that for all those years I had been lied to!
The democrats were not for the little man, they just wanted to keep men little and under there thumb! They were not the party of patriotism, they were the party of lies, deceit, and denying what America is all about!
It took several years of self-rehab to get completely clean ( Bud the Dud Cramer was my last), but I finally reached a point where I could stand up in public and say, " I am a recovering democrat, and I haven't voted for one in years"!
It really feels good to be clean and free of democratism, actually letting the truth of freedom in and enjoying the freshness of a clear mind uncluttered by propaganda!
Before all those still addicted to the leftist viewpoint start attacking let me say I'm not a Republican either, I just haven't found anyone else worth voting for since my self-rehabilitation and that I support the Constitution, and not any political party. If the democrats ever dump socialism I may give them another look, but I don't see that in the near (or even intermediate) future.
I survived the Carter years okay, and I'll survive Obama and his crowd of anti-Americans.
quote:I could never verify the following, but I heard also that since we bombed much of the refining capacity of Iraq, we were supplying that country with gasoline which they paid only a few cents per gallon fo
The US didn't bomg Iraqi refineries. The refineries were needed to provide the new Iraqi government with a revenue source.
Jehadim and some Saddam die hards sabotaged pipelines and refineries.
quote:I could never verify the following, but I heard also that since we bombed much of the refining capacity of Iraq, we were supplying that country with gasoline which they paid only a few cents per gallon for. Knowing how much Bush loved his Iraqis , I suspect there was much truth in that.
Think about it. If Bush was just after the oil, why bomb the refineries? Without refineries, oil isn't of much use. Our refineries can't keep up with our demand, let alone supply to Iraq for pennies per gallon.
quote:, I could never verify the following, but I heard also that since we bombed much of the refining capacity of Iraq, we were supplying that country with gasoline which they paid only a few cents per gallon for. Knowing how much Bush loved his Iraqis , I suspect there was much truth in that.
Where do you people find all this false information? Jeez--
Yeah, I was a Dem until the Carter years, also. Got tired of my income taxes going up twice a year.
quote:Originally posted by NashBama:
Think about it. If Bush was just after the oil, why bomb the refineries? Without refineries, oil isn't of much use. Our refineries can't keep up with our demand, let alone supply to Iraq for pennies per gallon.
If we were intent on taking the oil, Abrams tanks would be rolling over scorched bones in Saudi Arabia and Kuwait. Of course, all of the senior officers I've ever worked with who received an order to do something like this would have resigned rather than obey.
quote:If we were intent on taking the oil, Abrams tanks would be rolling over scorched bones in Saudi Arabia and Kuwait. Of course, all of the senior officers I've ever worked with who received an order to do something like this would have resigned rather than obey.
Good point.
Nigeria produces more oil than Iraq, maybe we should have attacked them? No more e-mail scams and plenty of oil, much better than hitting Iraq.
Maybe Algeria would have been a better choice, who cares about Algeria? Could you find it on a map without looking it up?
What about Norway? I bet their army wouldn't be too hard to defeat. Plus, I doubt there would be many Norwegian suicide bombers to deal with after we got rid of their government.
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When you break it down, the whole "we are only there for oil" argument just doesn't work.
If the US wanted to secure oil assets, Canada, Mexico, Venezuela and Brazil are closer, easy to defeat and more fun to occupy.