tag:blogger.com,1999:blog-8964596045360803212.post3845755252569148928..comments2023-10-11T04:38:51.793-07:00Comments on Accept The Challenge: Drawbacks Of A Cash EconomyChief Instructorhttp://www.blogger.com/profile/13604561415860237705noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-8964596045360803212.post-24487182814789851082010-09-09T15:39:23.565-07:002010-09-09T15:39:23.565-07:00Apparently there's a new virus out. There'...Apparently there's a new virus out. There's info here:<br /><br /><br />http://directorblue.blogspot.com/2010/09/here-you-have-delightful-new-virus.htmlsueknoreply@blogger.comtag:blogger.com,1999:blog-8964596045360803212.post-42060722087573678232010-09-07T20:21:38.441-07:002010-09-07T20:21:38.441-07:00Anon, I've long recommended a decent cash bala...Anon, I've long recommended a decent cash balance at home - 3 months of CASH expenses. Food, gasoline, etc. House payments, rent, utilities, no real need, as you can send them a check, which they can deposit. You're only screwed if your lease/contract says they can demand cash.<br /><br />And have as much precious metals as you can afford close at hand. Well secured, but close at hand (NOT in a bank safe deposit box). Easily converted into cash, even if you have to go off-books to do it.<br /><br />Mike, they are VERY good at what they do. It will be sold as being in our best interest, and enough people will swallow the bait.<br /><br />Even if people protest, they'll still pass it, because it's "in our best interest". Just like TARP, Obama TARP and Obamacare.<br /><br />Think about some of the things many people are now thankful our government does "for us". <br /><br />"Show me your papers" DUI checkpoints. No probable cause - <i>forget about that pesky 4th amendment</i> - you are forced to stop and be interrogated by an agent of the state simply because you happened to be on the road. Refuse to cooperate with the interrogation, go to jail.<br /><br />It's all in the name of safety, and we lap it up.<br /><br />Not enough people give a damn. I recognize that, and that it will likely happen, so I'm planning accordingly. It may not happen, but either way, I'll have my retirement fund!Chief Instructorhttps://www.blogger.com/profile/13604561415860237705noreply@blogger.comtag:blogger.com,1999:blog-8964596045360803212.post-10105573790453116532010-09-07T19:52:47.445-07:002010-09-07T19:52:47.445-07:00I would have to assume then that, being paid by an...I would have to assume then that, being paid by an employer or a pension (for example) via direct deposit, would pretty much preclude any chance of sub level radar stealth. Provided of course, one still has a job or a pension to receive payments from, after the stuff hits the fan.<br /><br />There are sooo many of us... and so few of them. Why do we continue to stand down?<br /><br />MikeH.MikeH.https://www.blogger.com/profile/11511925756474067012noreply@blogger.comtag:blogger.com,1999:blog-8964596045360803212.post-6011446100709931612010-09-07T16:00:18.242-07:002010-09-07T16:00:18.242-07:00One very important point: In Argentina after the ...One very important point: In Argentina after the collapse and after the government allowed banks to open the people were restricted on the amount of money they could draw from their own accounts. This is significant because if/when we have a collapse they will close the banks without any notice. They may open the banks in a few days or a few months and even if you have plenty of money in the bank you may be restricted to withdrawing $300 a month. Plan ahead if you are depending on your savings to "save" you.Anonymousnoreply@blogger.com