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What to Do After You Use Lethal Force

on March 24, 2013 at 11:16 pm
Posted In: Prepping

What to Do After You Use Lethal Force

tsp

Jack Spirko of The Survival Podcast talks with Massad Ayoob on Lethal Force Aftermath. This is a very important subject that many preppers know little about. Most of us will do what we have to do to protect our families and our lives, but what do you do after you have stopped the threat of the predator? Listen to the show and find out.

We live in an increasingly evil time where violence seems to be growing exponentially. As more and more people are out of work, those with low moral standards are turning to crime. We are also seeing cities whose budget have been slashed due to falling home prices. Those budget cuts are reducing the amount of police officers to fight the rising criminal elements. These economic trends are creating a perfect storm of violent crimes and break-ins.

These factors increase the chances that you or your family will have to use lethal force to defend yourselves. Nothing about that situation is good. You will be dealing with the stress of having been threatened or attacked. You will also be dealing with the stress of having just killed or injured another human. This will all be at the time you need to think the clearest. How your local law enforcement reacts will depend on several different factors including the state law. Each state has different laws about what a justifiable shooting is. Taking some time to think through these issues now will greatly benefit you if you are ever forced into the situation of having to use lethal force.

Jack does use the occasional four letter word, but he never uses G.D. or the F word. I wouldn’t listen to him if he did. If you are not familiar with the Survival Podcast, I would encourage you to check it out. It is chock full of common sense preparedness solutions. Jack produces a daily podcast that covers every conceivable area of prepping. He covers homesteading, back up power, prepping, guns, the economy, medical solutions and government. He has regular guests that specialize in different areas of prepping. All of his podcasts are available for free download so you can listen at home or take them on the go.

Click Here to Go to this episode of The Survival Podcast

Massad Ayoob

lethal
I hope you enjoyed the show and learned a lot. Being prepared for a situation like this is a very important aspect of preparedness. We don’t just prep for complete collapse, we also have to be prepared for everyday problems and the violence of living in our current society.

Happy prepping!

 

 

 

 

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Cyber Attack Cripples South Korea

on March 22, 2013 at 4:11 am
Posted In: Potential Threats

Cyber Attack Cripples South Korea

cyber

Wednesday, South Korea suffered a sever technological blow. Three of their major television networks and two of their major banks were attacked. The cyber attacks against the two banks  left some systems completely disabled for more than seven hours. The three television networks were unable to broadcast for several hours as well.

South Korea is no technologically illiterate culture. They were rated number 1 in Cisco’s broadband ranking with 100% broadband penetration. So if it can happen to them, it can happen to us. While 7 hours with out television or banks is far from the end of the world as we know it, it is only an example of what is possible.

Speculators suspect the attack was orchestrated by Pyong Yang, North Korea. This is a country so poor most people do not have electricity that may have been able to affect the infrastructure of a technological power house. If North Korea is capable of spreading such havoc on the most wired Country in the world, what could a more developed enemy do to the United States, who is ranked number 16 in broadband penetration?

The question is worth pondering. Once such an attack occurs, it is too late to make sure you have adequate provisions and cash to make it 7 hours without TV or 7 days with out electricity or 7 weeks with out the banking system.

On Mondays post we  looked at the unprecedented move by the IMF and ECB to attempt to persuade Cypress to seize a portion of all bank deposits as earnest money for a bailout of the failing State. The move was set to levy a bailout tax on depositor of 9.9% for those with more than 100,00 euros and 6.7% for those with deposits below 100,000 euros. While the Federal Reserves extorts an equivalent value though inflation annually, such an outright confiscation has not occurred in the modern free world. Simply the suggestion of the move has severely shaken global confidence in banks and fiat currencies alike.

Both cases reinforce our recommendation to keep some assets outside of the banking system. Keeping some cash in a well secured place like a safe is prudent. Of course if there is a currency revaluation or collapse, that may not do you much good. While we don’t give financial advice, we personally keep some level of our assets in gold and silver. I purchase my gold and silver through JM Bullion as they have the lowest price over spot of any company I know of.

If the banking system goes down, don’t expect food to stay on grocery shelves for long. Most groceries are completely paralyzed with out credit card transactions and electric cash registers. Most water companies have generator back up to keep them going for two to three days, but after that you may be on your own. Be sure to have at least a month’s worth of storable food on hand and some method of purifying water. To get prepared for whatever may come, read our 7 Step Survival Plan.

Happy Prepping!

 

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Staring Armageddon in the Face

on March 20, 2013 at 3:05 am
Posted In: Economy, Potential Threats

Staring Armageddon in the Face

armageddon

Former US Assistant Treasury Secretary Dr. Paul Craig Roberts served under the Reagan administration. He was often credited with co-founding Reaganomics. He has also worked as an editor and writer for both Business Week and The Wall Street Journal. So when someone with his resume sounds the alarm, it is a little  harder for the mainstream media to dismiss him as a wacko spreading paranoia.

Dr. Roberts wrote “Staring Armageddon In The Face But Hiding It With Official Lies” on his official website, PaulCraigRoberts.org last week. He points out in the article that unemployment numbers are sugar coated by the reduction in work force participation. As job seekers become discouraged after long periods of unemployment, they quit looking and are no longer counted as unemployed in the official U3 unemployment numbers.

He continues to point out the manipulative reporting in inflation numbers as well. If our government were to use the same matrix to obtain the CPI as they used in 1990, the official inflation rate would be 9.2% rather than the 1.6% reported.

He concludes the article with an explanation of gold markets by central bankers. He writes;

“It is important to the Federal Reserve’s low interest rate policy to suppress the bullion price. If the prices of gold and silver continue to rise relative to the US dollar, the Fed cannot keep the prices of bonds high and interest rates low. If the dollar is widely perceived to be declining in value in relation to gold, the price of dollar-denominated assets will also decline, including bonds. If the dollar loses value, the Fed loses control over interest rates, and the US financial bubble pops, with hell to pay.”

To forestall Armageddon, the Fed and its dependent banks cap the price of gold.

The Fed’s fix is temporary, and as the Fed continues to create ever more dollars, the price of gold will eventually escape the Fed’s control as will interest rates and inflation.

The Fed has produced a perfect storm that could consume the US and perhaps the entire Western world.”

I hope you will take the time to read the full article. It is an eye opening piece written by someone familiar with the inner workings of the beast in Washington.

No one can say for sure when the collapse will come, but there is a great consensus that he are headed for a rough patch. Markets breath confidence just as you and I breath air. When that confidence begins to erode, markets will suffocate. Once they start to gasp for breath, it will be too late to prepare. Do what you can now to hedge yourself for the coming storm.

If you are new to prepping or are ready to get serious about it, read our 7 Step Survival Plan. You will better prepared for a power outage, financial collapse or anything in between.

Happy Prepping!

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Cyprus Bail Out Sparks Bank Run

on March 18, 2013 at 12:48 am
Posted In: Economy, Potential Threats

Cyprus Bail Out Sparks Bank Run

bank run

Cyprus Bail Out to Cost Savers Billions of Euros

Happy days are here again! The Dow hit a new high last week and the storm clouds seem to have disappeared. Not so in Cyprus. The Island near Greece  has been struggling to stay afloat. Euro Zone finance ministers are finished with throwing good money after bad. They are demanding that Cypriots have some skin in the game if they are going to pony up capital to bail the country out. Cypriot President Nicos Anastasiades issued a stern caveat if the bail out failed. He stated that Cyprus’ two largest banks would likely fail without the assistance from the other European Central Bank members.

The terms agreed upon for the bail out are that bank deposits have a onetime tax levied against them at the rate of 9.9% for deposits of over 100,000 Euros and 6.7% for those under the 100,000 Euro threshold. The levy is set to take effect on Tuesday morning after a bank holiday on Monday. As soon as the news leaked out, Cypriots ran to ATMs to withdraw as much cash as possible. ATMs were drained within hours of the run.

Cyprus Bail Out Bank Run

It Could Never Happen Here

We are fortunate to live in America where nothing like that could ever happen. We can continue to enjoy a soaring stock market despite the economic pain felt by the rest of the globe. Well, better them than us, right? I just feel so bad for the people of Cyprus being taxed out of their savings by the government to bail out banks and bureaucracies. It is too bad the government of Cypress could not have come up with a method of taxing Cypriots with out them knowing. Perhaps if they had their own currency instead of Euros, they could have had their own central bank print the money out of thin air. In fact, this magical bank could have printed the 9.9% that they needed for the bail out. Sure, it would have devalued the purchasing power of those accounts by the exact same amount as the tax levy, but the depositors wouldn’t have know it. Ignorance is bliss.

It Already Has

As I write this, it sounds like a familiar scheme. Where have I heard this before? Oh! That’s right! The Federal Reserve! They have promised to print $85 billion a month or $1.05 trillion a year through at least 2015. With our current M2 money supply at roughly $10 trillion, that devalues the currency by 10% this year, 10% next year, and 10% the year after that. Wow! I should move my accounts to  Cyprus. Compared to the  30% stealth tax over the next 3 years by the Fed, 9.9% doesn’t seem so bad.

So why don’t we see the bank runs like Cyprus is experiencing right now? Because ignorance is bliss. Americans are too caught up in American Idol and sports to realize they are being fleeced. Not to say they always will be. More and more Americans are waking up to the fact that their currency is being devalued at a phenomenal rate. We may someday experience a run on the banks like we are seeing in Cyprus. That is why we recommend keeping some cash in a well secured place like a home safe that you can access quickly. Inflation is the addition of new money to the money supply. Price increases are the eventuality of that increase in the money supply. To protect ourselves from the constant increase in the money supply,  we keep a portion of our assets in gold and silver. I purchase my gold and silver from JM Bullion as I have found they offer the lowest over spot price for bullion. Prepper Recon readers get $5 off all orders of $300 or more from JM Bullion with the coupon code PR5.

If you are new to prepping or would like to kick it up a notch, read out 7 Step Survival Plan. It will help you to be better prepared for everything from a hurricane to a complete currency collapse.

Happy Prepping!

1 Comment

Senator Rand Paul – Filling the Void

on March 15, 2013 at 4:20 am
Posted In: Constitution

Senator Rand Paul – Filling the Void

Rand

 

I realize that this site is “Prepper Recon” and not “Politics Recon”, but politics will be among the greatest contributors of the coming collapse. I see no hope of avoiding the eventual meltdown, but there are always opportunities to mitigate the effects. Here in Florida, when we get a Hurricane warning, we know there is nothing we can do to prevent the coming storm, but there is much to be done in preparing to weather the elements.

Perhaps the biggest threat of all is the threat of losing our freedom. When the crisis comes, the Liberals and the Neo-Conservatives will use the crisis as an excuse to eliminate our remaining freedoms. There has never been a time in history that our Constitution has been in such a volatile position because of the people we have allowed to be in power.

We need statesmen that will champion the cause of freedom. We need leaders that can be the voice of our founding principles when the mainstream political agenda from both sides of the aisle tries to drown that voice out. For decades, we have had Congressman Ron Paul to keep that spark of freedom and independence alive. He has now retired from Washington and left a gaping whole in our capitol. His son Senator Rand Paul of Kentucky has stepped up to the plate and is now carrying the torch of freedom.

In this interview with Peter Schiff, Senator Rand Paul speaks about his battle against not only the liberals, but also against the Neo-Con Republicans. The Neo-Conservatives have hijacked the Republican Party and taken it far from what it was when the Jeffersonians were first called Republicans. It had traditionally represented small government, individual liberty and a non-interventionist stance on foreign policy. We have lost those values but that doesn’t necessarily mean we need a new party. We need to fight  to take our party back.

Senator Rand Paul on Freedom

Senator Paul talks about urgency to fight for freedom. He talks about the document that came out of the Bureau of Justice that described potential domestic terrorist as anyone who had more that 7 days worth of stored food, anyone with weatherized ammunition and people who like to pay in cash. Does any of that sound familiar? If hits close to home, it is time to start paying attention to politics. Don’t think prepping and politics aren’t closely intertwined.

Stand up, speak out and keep prepping!

 

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Second Amendment Battle

on March 13, 2013 at 4:06 am
Posted In: Constitution

Second Amendment Battle Rages On

mulon

 

Many Americans have drawn a line in the sand and said we will be bullied out of our Constitutional freedoms no further. Threats from the White House have inspired many to double down on their ammunition and firearm holdings. Manufacturers of high capacity magazines and battle rifles have increased production to full capacity. The still are far from being able to meet the demand for those products. Gun store owners around America have labeled Barack Obama as salesman of the year.

New York lost a major battle against freedom when Governor Cuomo signed a law that banned magazines with more than a 7 round capacity. In response to this horrible assault on the freedom of law abiding citizens, several gun manufacturers and gun accessories manufacturers have signed a pledge vowing not to sell to government agencies in state that do not support the second amendment in the manner that our forefathers intended. The pledge has become known as the Police Loophole. The pledge gets its name from the ability of law enforcement to obtain weapons that are illegal in their jurisdiction. By not selling to agencies in those areas, the companies are closing the police loophole.

Here is a list of companies that have signed the police loophole pledge so far. Also given is information about how long the companies have supported the project.

Barrett  Long Standing 
AmmoClip  Long Standing 
Extreme Firepower Inc, LLC  Long Standing 
Cheaper Than Dirt  Long Standing 
MidwayUSA  Long Standing 
Dead Bang Guns  Long Standing 
Delmarva Shooting Supply  Long Standing 
King Armory MFG LLC  Long Standing 
West Desert Tactical  Long Standing 
Able Company Sports LLC  Long Standing 
Gadsden Guns, Inc.  Long Standing 
III Arms Company  Long Standing 
Badlands Arsenal  Long Standing 
Ammodump International LLC  Long Standing 
Armtac  Long Standing 
Lono Group Ltd  Long Standing  Currently applies to New York State only.
Big Sky Ammunition  2013-01-01 
Tier One Arms  2013-01-15 
Old Grouch’s Military Surplus  2013-01-15 
Predator Intelligence  2013-02-01 
York Arms  2013-02-01  Currently applies to New York State only
Exile Machine  2013-02-01 
LaRue Tactical  2013-02-08 
Southwest Shooting Authority  2013-02-09 
Olympic Arms  2013-02-12  Currently applies to New York State only
Templar Custom  2013-02-13  Currently applies to New York State only
Shade’s Landing Inc.  2013-02-14 
Southern Appalachian Arms  2013-02-15 
Bullwater Enterprises LLC  2013-02-16  dba A & T Firearms
West Fork Armory  2013-02-16  Currently applies to New York State only
Iron Goat Guns  2013-02-16 
Trident Armory  2013-02-17 
Smith Enterprise, Inc  2013-02-17  Currently applies to New York State only
Alex Arms  2013-02-17 
OFA Tactical  2013-02-17 
Snake Hound Machine  2013-02-17 
Spike’s Tactical  2013-02-18 
West Michigan Tactical  2013-02-18 
Evolution Weaponry  2013-02-18 
Quality Arms Idaho  2013-02-19 
Liberty Suppressors  2013-02-19  Currently applies to New York State only
J&T Family of Companies  2013-02-19  J&T Distributing, Ace Limited, DoubleStar Corp., DoubleStar Training Academy
American Spirit Arms  2013-02-19 
Primary Weapons Systems  2013-02-19 
Tactical Solutions  2013-02-20  Currently applies to New York State only
Head Down Products, LLC  2013-02-20  Currently applies to New York State only
J&G Sales, Ltd  2013-02-20 
Bravo Company USA  2013-02-20 
Kiss Tactical  2013-02-20 
NEMO Arms, Inc  2013-02-21  Currently applies to New York State only
Top Gun Supply  2013-02-21 
Red Jacket Firearms  2013-02-21 
Rock River Arms  2013-02-21  Currently applies to New York State only
Crusader Weaponry  2013-02-21 
Antares Arms  2013-02-21 
Badger Peak  2013-02-22 
Controlled Chaos Arms  2013-02-22 
Big Horn Armory  2013-02-22 
One Source Tactical  2013-02-22 
CMMG  2013-02-22 
SRT Arms  2013-02-22 
Norton Firearms  2013-02-22 
Umlaut Industries LLC  2013-02-22 
Warbirds Custom Guns  2013-02-22 
JABTAC  2013-02-22 
Stoner Arms  2013-02-22 
3 Rivers Precision LLC  2013-02-22 
2A Firearms  2013-02-22 
Lanco Tactical LLC  2013-02-22 
Thunder Beast Arms Corp  2013-02-22 
2A Armament  2013-02-22 
Rocky Top Tactical  2013-02-22 
Semper Fi Arms  2013-02-22 
Franklin Armory  2013-02-22 
Reaper Tactical LLC  2013-02-22 
Allegiance Ammunition  2013-02-22 
Lauer Custom Weaponry  2013-02-22 
Predator Tactical  2013-02-23 
Rhino Arms LLC  2013-02-23 
OJ’s Gun Shop  2013-02-23 
OCS Guns  2013-02-23 
Progressive Micro Devices  2013-02-23 
Citizen Arms  2013-02-23 
Next Step Tactical, Inc  2013-02-23 
556 Tactical LLC  2013-02-23 
Csspecs Magazines  2013-02-24 
MFI  2013-02-24 
Gwacs Armory LLC  2013-02-24 
Huntertown Arms  2013-02-24 
Daniel Byer FFL  2013-02-24 
Critical Survival LLC  2013-02-24 
Boise Tactical LLC  2013-02-24 
Dogleg Arms  2013-02-24 
Victory Defense  2013-02-24 
Umbrella Corporation Research Group  2013-02-25 
Precision Firearms  2013-02-25 
West Acre Sporting Goods  2013-02-25 
Allstar Tactical  2013-02-25 
Alpine Guns  2013-02-25 
3R1 Technologies  2013-02-25 
Bison Armory  2013-02-25 
Black Mountain Survival  2013-02-25 
The Tactical Toolbox  2013-02-25 
JCW Industries  2013-02-25 
Volquartsen Custom  2013-02-25 
Paige Firearms  2013-02-25 
Oregon Precision Arms LLC  2013-02-25 
Jeremy Kupper’s Gunsmithing  2013-02-26 
Truly Tactical  2013-02-26 
TJ General Store  2013-02-27  Currently applies to New York State only
DownRange Defense, LLC  2013-02-27 
Hansohn Brothers  2013-02-27 
GunUp  2013-02-27 
Deep South Ammo  2013-02-27 
RL Hydro-Graphix  2013-02-27 
Competition Machine Inc  2013-02-27 
Wrigley Ammunition  2013-02-27 
Element Arms  2013-02-27 
Midwest Industries, Inc  2013-02-28  Currently applies to Milwaukee
Wilson Combat  2013-02-28 
RRC Firearms, LLC  2013-02-28 
Bison Tactical  2013-02-28 
Midwest PX LLC  2013-03-01 
Vltor  2013-03-01 
Magpul  2013-03-01 
Allied Armory  2013-03-01 
NFAGear, LLC  2013-03-01 
Wolfpit Tactical  2013-03-02 
Aero Precision  2013-03-04 
C. and H. Arms  2013-03-10 
Hawkstactical.com  2013-03-10 
Sarco, Inc  2013-03-10  Currently applies to New York State only
Battle Creek Supply  2013-03-10 
Wolverine Technologies, LLC  2013-03-11 
BlackHat  2013-03-12 
Lone Star Shooting Supply  2013-03-12 

Total Companies: 136

To those companies, thank you for putting principles before profit. We salute your act of patriotism.

Happy Prepping!

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Blue Storm

on March 11, 2013 at 1:58 am
Posted In: Economy, Potential Threats, Prepping

Blue Storm: Financial Hurricanes Striking Blue States

state red blue

The states who are in the worse financial shape, coincidentally (or not) are also among those who helped maintain the current administration in Washington. We compared maps of the states who supported president Obama in 2012 with those facing the most sever financial crisis. The map above show the final count for Obama in blue, and those who voted against Obama in red. I say “against Obama” because many conservatives found Romney to be the poorest possible Republican candidate and only cast their ballot for him because he was not Obama.

In the map below, I have placed bankruptcy icons in both the top ten states with the highest debts and the top ten states with the highest deficits. If you compare the maps, you see most of the icons are in the blue states. 9 out of ten of the highest debt states were Obama supporters in 2012. Likewise, 7 out of 10 of the states running the highest deficits were also Obama supporters in the same election.

Debt and Deficit Map

debt and deficit blue storm

The average correlation of debt and deficit to states that supported Obama is 80%. (70% for deficit and 90% for debt). The evidence seems to show that the economic model those states subscribe to is similar to that of the President. Those failing states represent people who embrace the failing policies of our failing president. Many of these states are notorious for wasteful and welfare spending. We also notice that California and New York are recipients of an icon for both debts and deficits. These two states have long been havens for liberals and socialism. Governor Cuomo and Mayor Bloomberg are each doing their part to make sure New York State and New York City are among the most oppressive locations in America. Governor Cuomo recently placed a ban on all gun magazines with the capacity to hold more than 7 bullets. Mayor Bloomberg did his part by restricting the size of soda that you can order with your pizza.

Corresponding Chart for Debt and Deficit Map

Rank Worst Deficits Worst Debts Worst Unfunded Benefit Liabilities
1 Arizona Massachusetts Ohio
2 California Connecticut Wisconsin
3 Nevada New Jersey Alaska
4 Illinois New York Illinois
5 New Jersey Illinois Alabama
6 New York California New Jersey
7 Rhode Island Wisconsin South Carolina
8 Kansas Maryland Colorado
9 Oregon Louisiana Connecticut
10 Alaska Florida Minnesota

In addition to your lack of freedom for living in these economically unstable states, New York and California also have some of the highest state income tax rates as well. New York’s top rate is 8.82%. California’s top tax rate is 13.3%. in contrast, Texas made neither list for debt, deficit nor voting for Obama. So to be in such good financial condition, Texas must really collect a lot in state income tax. The Texas top state income tax rate is 0%. That’s right, ZERO! Why would some one stay in New York or California? Many people are asking themselves the same question.

Let’s look at an example. A big earner who makes half a million in California could get a raise of $66,500 per year by moving to a state with no state income tax. That is about $1 million every 15 years. The only downside is he would have to decide for himself how much soda to drink and how many bullets he should have in his gun, because Texas doesn’t make those decisions for you.

The more a person makes, the bigger the incentive for them to move. Free market economics suggest that all but the most ignorant of high income earners will move. They will find states that treat their money better, even if they don’t like the notion of freedom. This shift will leave states like New York and California in a still more detrimental situation. Having lost the bread winners, they will be stuck with only those they have trained to be dependent on the welfare state. Unable to leave, the welfare dependents of those states will consume the vital resources needed to keep the state governments afloat. At some point, the Federal government will no longer be able to bail out those states, and they will collapse into chaos.

Even a state like New York is only so liberal in her highest population centers. A map showing outcomes of the 2012 election by county shows most of New York, by area, supported Romney. However, the electoral college is determined by population, not area. Take a look at the map below. You will notice that even Illinois, a leftist mecca, is mostly conservative outside of the population centers.

2012 Presidential Election results by County

red blue 2

In the event of of a economic collapse which destroys society as we know it, most of the die off will occur in the areas with the highest population density. On our map, we see most of those areas are blue. Those living in more rural areas would be better prepared to hunt and farm in order to feed themselves. The die off would be a fraction of what would occur in the cities. Most of rural America is represented on the map as being conservative. America is not lost. It is just the a few spots on the map that are lost. Unfortunately, they are running the show for now.

If you live in these areas, now is the time to start planning your exit strategy. Once the trend starts of people moving out of these areas, housing values will sink quickly. I don’t think things will fall apart over night, but have a place to go just in case they do. The very nature of the future is unprecedented. No one knows exactly what will happen or how fast. Making a move towards a more free state is , in most cases, also making a move to a more stable state.

We cannot ignore the impact of a $1 trillion dollar annual military budget on our Federal deficit. I know it was not the Democrats welfare programs alone that ran up our $16.6 trillion dollar Federal deficit. The Warfare budget has been  treated as a sacred cow by the Neo-Conservative element that has hijacked the Republican Party. Don’t forget your history. The Republican Party was born out of the ideas of Thomas Jefferson. Those who fell in the camp of smaller government, individual freedom and minding our own business internationally were first called Jeffersonians. They latter became known as Republicans. We don’t need a new party, we need to take our party back!

Don’t give up. Keep taking steps toward defending your liberty. Don’t let the Democrats bully you out of your county and don’t let the Neo-Cons bully you out of your party! Speak your mind, know your history, stick to your guns, defend your constitution and keep prepping. It will get worse before it gets better, but all is not lost. If you are not prepared for what is coming, now is the time to get your plan together. Read our 7 Step Survival Plan to get ready for whatever may come. It will help you prepare for everything from a hurricane to the end of the world as we know it.

God bless you and keep you and happy Prepping!

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Economics, Liberty and Tyranny

on March 8, 2013 at 4:07 am
Posted In: Economy

Economics, Liberty and Tyranny

economics

This video by R.C. Sproul Jr. gives a quick and entertaining economics lesson. One of the most likely crisis we will have to prepare for is an economic collapse or depression. R.C. Sproul Jr. teaches the fundamental principle behind economics in the first segment. While the first segment is fairly academic, he does a great job of keeping it interesting. The second segment looks at types of economies. He looks at interventionist economies and control economies and event the legendary free market economy which no longer exist anywhere in the world.

R.C. Sproul Jr. looks at how America’s choices are damaging our economy and how they are destroying our freedom. He makes some excellent points about our national debt. He explains the classic Austrian economics view that money printing or new money creation is inflation. We are often lead to believe that as long as there are no price increases, there is no inflation. The classical definition of inflation is actually an increase in the money supply, not prices. The increase in prices is an eventual consequence of the increase in money supply. The government is always careful to use the Keynesian economic terminology to keep us confused and in the dark. The Federal Reserve is absolutely wrecking our currency by continued Quantitative Easing or money printing.

Mr. Sproul also looks at how we are harming our citizens by teaching them to be dependent on the government for every need. He tells us how the massive welfare programs hurt not only those of us who have to fund it through our efforts, but it also harms those who receive it. They are caught in a cycle of poverty which few will ever strive to escape.

As preppers, we need to practice situational awareness. Part of that is being able to understand the problems our economy is facing. This video will give you a correct overview of economics. You will gt almost as much out of this 2 hour presentation as you would get from an entire semester of a college course in Macroeconomics. Even if have already taken Macroeconomics, this video will dispel some of the fallacies you were taught. It is also a great tool to arm your children with. Even if you are able to spare them from the brainwashing in the public school system, they are constantly bombarded with lies from the media and other sources. Take the time to watch the video, even if you have to break it up. You’ll be glad you did!

A big thank you to my Facebook friend Christine Alexander for sharing this video with me!
Happy Prepping!

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