You're slower than a one legged cast iron chef in a bra.

That's "martial" law. Meet Marshall Law, who I just met.
A little so-call Quickfire Eight-Ball which ain't how you play Eight Ball is all the video gaming I do.

http://en.wikipedia.org/wiki/Marshall_La...

I'm going to try and find this book at our library...thanks!

Just used my 10" iron skillet to 'brown' some sirloin tips for beef stroganoff!

You should see me balancing on one leg, while trying to cook.... ;-)

until now he has had the help of the congress, that i believe is changing. we will see

Well it depends on whether we have an actual depression or hyperinflation. In a hyperinflation scenario salaries will temporarily keep pace with the inflation whereas your mortgage will not. Ultimately you could end up paying off your mortgage with one month's salary in a wheelbarrow of worthless dollars.

John Reed has a great book on protecting yourself from hyperinflation and depression. He's also a west pointer and a Harvard MBA.

http://www.johntreed.com/hyperinflationd...

That was back when the mortgages weren't held by federally funded (or bailed out) banks. I suspect that the kings men will go door to door with their armored thugs in tow to squeeze out whatever money (goods) they can get (steal).

You are not alone, my friend. There are so many ways a retiree can be impoverished in an economic meltdown that you have every right to be scared. If it gets as bad as it looks, even metal money will lose much of its value. Luckily, I probably won't be around to witness the worst of it.

Interesting parable hear as in "Salting a gold mine."

The Central Banks, "Salt" the money supply.

ZZzzzzzzzzz mmmm leave me alone...snickle snorkle ehem zzzzz (They don't care if they're salted... they're so cozy in their warm place to sleep...then when the heat gets turned up, they're eyes pop open in just enough time to realize they're a goner and it's too late to get out of the pot. Seriously, most American's are in the pot...and they haven't even met kettle yet.) For emphasis, Rocky, picture cast iron cookware. :)

When someone starts salting you, it is time to 'jump' out!

So far he's been quite competent in his intent to dismantle.

i wish for nothing but having a crystal ball would be wonderful if it actually would give us a glimpse into the future. i just do not believe it can happen and don't worry about it. we know he is an incompetent fool and so many are walking away from him. from what i know of men and women now serving in the military i can't imagine them doing anything but arresting him if he tried.

It has the power to lull you to sleep. (Now we know why it's so hard to wake everybody up!)

That could be hard to do, since the gold/silver ads I am constantly hearing will probably leave a trail that a blind man could follow!

I have always believed that this nation was built on cheap labor, and cheap energy.

We don't have any cheap labor anymore (at least legally), but we do have the means to keep our energy costs reasonable low...and it warms my heart to see this part of the equation getting some credit in the current economic improvement.

But it's so nice and warm! (:-)

Its a recession when a neighbor loses their job. Its a depression when you use your job. However, when there is 30% unemployment there is still 70% employment. The movie Cinderella Man points out how not all were severely affected by the depression. The trick is to offer goods and services to those with money. Businesses who cater to the bottom of the economic scale are the ones who close their doors. Those who cater to the top of the economic scale may see a decline but still have their doors open. I have lived through two Great Recessions (the first had 20% inflation which was worse than the 2008 fiasco) so I know a little of what I speak.

We're already in the pot.

Does it really 'look bad' when nobody's looking? He does stuff all the time that looks bad...to those of who SEE it. Plus it will be the tail end of his reign, optics won't be an issue when staying in power is the goal.

Right; the ol' "Frog in the pot."

That could occur to some degree but as Jan describes also, we may have a stronger real GDP base by then and be able to absorb that cost and domestic sources would come back on line. It’s a constant tug of war between free markets and manipulations by Governments and Megopolys.

I think that Obama would not declare martial law because it 'looks bad'. What he might do instead is to implement individual aspects of martial law, bit by bit. It is the similar to the difference between declaring a 'war' and having a 'peacekeeping mission'.

Now, that being said: I agree with LetsShrug in that it will look much the same from our side of the fence...

Jan

Thank you. This was my instinct: that lower oil prices were a boon, since they freed up cash from utility category of spending and made it available for an elective category.

I have no proof of this, however, so I am glad to see that you have come to a similar conclusion.

Jan