tag:blogger.com,1999:blog-6244999628674918029.post161526762048934512..comments2024-03-29T04:31:25.034-05:00Comments on Bayou Renaissance Man: The state of the US and world economyPeterhttp://www.blogger.com/profile/10595089829300831372noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6244999628674918029.post-39583735777815370662011-09-26T10:13:56.020-05:002011-09-26T10:13:56.020-05:00A very succinct and apropo comment I snagged from ...A very succinct and apropo comment I snagged from a comment by Jeff Gauch on http://www.neptunuslex.com/ last night:<br /><br />Jeff Gauch<br />September 24, 2011 at 12:20 pm · Reply<br /><br />....<br /><br />The good thing about reality is it never lies to you. If you do something stupid it <br />will hurt. What school you went to or how many awards you received are irrelevant.<br /><br />Joe HarwellAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-60126048968530443442011-09-24T23:50:33.178-05:002011-09-24T23:50:33.178-05:00Sorry. I really sounded a little over the top the...Sorry. I really sounded a little over the top there. Your points are right on target, but can only be implemented by people who are willing to make drastic changes. This means over-riding those who have us by the throat. We work and plan. Thanks.trailbeehttps://www.blogger.com/profile/06830065132795330618noreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-84165226478795107192011-09-24T23:39:18.914-05:002011-09-24T23:39:18.914-05:00It's not that I 'want' anyone to do an...It's not that I 'want' anyone to do anything in economic terms - we're all in the same boat. Survival is going to be the name of the game for the next few years.<br /><br />What I do want people to do is the following:<br /><br />1. Accept reality for what it is, and face it squarely.<br /><br />2. Insist that our politicians deal with reality, not the pablum so many of them are still trying to feed us. We can't afford any more deficit spending. We've got to slash government expenditure (and reduce its size in the process), and do so immediately.<br /><br />3. Educate your children, your friends, and others that the spendthrift ways of the past are over. It's not just the federal government - we've <i>all</i> got to live within our means.<br /><br />4. We all need to get out of debt as far as possible, establish a nest egg to cater for emergencies, and build up reserve supplies to tide ourselves over any problems like sudden unemployment, etc. That includes such mundane things as growing vegetables in our gardens or on our balconies, getting rid of unnecessary luxuries (if possible selling them to build up our cash reserves, while there are still people with money to buy them!), and being prepared for social disruption (and a vast increase in crime) when the 'welfare class' finds out that Uncle Sam can't pay them any more.<br /><br />It's going to be interesting . . .Peterhttps://www.blogger.com/profile/10595089829300831372noreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-10853149243431281892011-09-24T23:19:36.996-05:002011-09-24T23:19:36.996-05:00Ok the "alarmist" tag is a little much,...Ok the "alarmist" tag is a little much, but I understand the reason. I have read these posts and do understand and believe everything in them, however: we are on a fixed income, my husband's pension, and a little SS. My son is employed, and has no dependents. No worry there. My daughter and son-in-law were "jobless" for over two years and we help out. I have absolutely no problem with that because we love our children, and this is natural. But, every time I see one of these posts I am hyperventilating, wondering how these looming disasters will affect us, and how we will survive. Both of us have been ill, and Death Panels loom. We have no financial options. We don't play the stock market, and wouldn't ever, because of how Wall Street operates. <br />Because our birth families lived through depressions, in Germany and Canada, we are very aware of what is in store for us. But, we feel impotent, helpless in the face of this coming storm, and we don't know how to weather it. We have no gold, no silver, our savings are tied to a Credit Union. We are considered a middle-class family, with no opportunity to replace any lost finances as they occur. <br />We are only one of millions American middle-class families and we are all in this together.<br />What do you want us to do?trailbeehttps://www.blogger.com/profile/06830065132795330618noreply@blogger.com