Economy, Maine... (Chisholm: sales, second mortgage, credit)

[Maineah]

Originally Posted by RANGER.101ST

mmmmmmmmmmmmmm rabbitstew .
when the bottom drops out the country folk can survive.

Don't you love rabbit stew??? I do! There was a store in Portland that used to sell farm raised rabbit all cut up. I used to go in there and buy it in the summer. It isn't as tasty as wild rabbit but it was about half the price of chicken. Rabbit......... the other dark meat! You're right though country folks will survive. Problem is what will people do when hungry city folks take to the country looking for food??

[forest beekeeper]

We have our: guns and lots of powder and ball; trot-lines; freeranging chickens; freeranging goats; garden raised beds; and now one greenhouse. Next year another greenhouse.

Dw wants a wood cookstove. I need to install four micro-hydro-electric plants.

We have lots of projects going to get us prepared.

[Maineah]

Originally Posted by forest beekeeper

We have our: guns and lots of powder and ball; trot-lines; freeranging chickens; freeranging goats; garden raised beds; and now one greenhouse. Next year another greenhouse.

Dw wants a wood cookstove. I need to install four micro-hydro-electric plants.

We have lots of projects going to get us prepared.

I plan to join you in the preparation phase....now!

[RANGER.101ST]

Originally Posted by Maineah

Don't you love rabbit stew??? I do! There was a store in Portland that used to sell farm raised rabbit all cut up. I used to go in there and buy it in the summer. It isn't as tasty as wild rabbit but it was about half the price of chicken. Rabbit......... the other dark meat! You're right though country folks will survive. Problem is what will people do when hungry city folks take to the country looking for food??

(shoot) then go see if they have any thing on them.

[Nor'Eastah]

Originally Posted by Maineah

Great post again as your posts tend to be Nor'Eastah! A piece of land and some farming, hunting, and food preservations skills will be worth more than anything money can buy when the bottom drops out!

Thank you for the kind words. My only mission is to warn folks who otherwise would not be prepared.

Excellent observation on your part, too, that it is the "tangibles" (as opposed to "paper") that will enable us to survive - land, farming, hunting, food preservation - all of that is the stuff of survival! Only problem I see with it is that so many here have mortgages on their property. Not good.

Rabbit is the survivalists' dream animal. Not only easy to raise and er, prolific (dern things breed like rabbits!) but they are also easy to hide inside a small outbuilding when the folks from NAIS come snooping around, looking for chickens and goats to affix RFID chips onto.

[K-Luv]

Originally Posted by Maineah

Kind of a cause and effect thing isn't it? If it rained $100 dollar bills tomorrow how would that effect the economy? If you take out the largest cause of the problem then the problem goes away...You should have a government job, you sound just like a politician!

When I talk to friends and family who still live in California and Minnesota the state of the economy rarely comes up. When it does it usually falls under the line of same old sh*t and just doing what I can to get by. This is the same stuff that I have been hearing for years. Occaisionally the price of gas will be bandied about, but no mention of oil. I can only surmise that my friends and family's lack of concern towards oil is due to one simple thing: they do not heat there homes with oil (and no, none of them are rich, not even by Maine standards). So it going hand in hand is primarily a North Eastern thing? Which is why I asked it in the Maine forum.

By the way, what is that one saying that goes I wouldn't join any party that would have me as a member.... I may sound like a politician but I am smart enough to know not to be one.

[K-Luv]

Originally Posted by Maineah

It's time to study the Great Depression in detail to see how people survived.

A lot of people lost everything, but also a great amount of people freaked out and sold everything. There were also a great amount of people who trotted along as if nothing was happening because for some reason or another they were not affected (too much). Those who kept their stocks, property and especially those who bought up the stocks and property found themselves to be the millionaires when the whole thing was over and everything was "worth" something again...and those things that were "worth" stuff settled in at a higher appreciated value.

What ever is happening now will too one day pass, if it indeed does get any worse.

[Maineah]

Originally Posted by K-Luv

When I talk to friends and family who still live in California and Minnesota the state of the economy rarely comes up. When it does it usually falls under the line of same old sh*t and just doing what I can to get by. This is the same stuff that I have been hearing for years. Occaisionally the price of gas will be bandied about, but no mention of oil. I can only surmise that my friends and family's lack of concern towards oil is due to one simple thing: they do not heat there homes with oil (and no, none of them are rich, not even by Maine standards). So it going hand in hand is primarily a North Eastern thing? Which is why I asked it in the Maine forum.

By the way, what is that one saying that goes I wouldn't join any party that would have me as a member.... I may sound like a politician but I am smart enough to know not to be one.

That comment was not meant to be a slam. It was just demonstrative of the whistling past the grave yard attitude we see by all politicians while people really are feeling a pinch here.
Just because you don't see something personally with your friends and family doesn't not mean it doesn't exist! I'm sure you realize that. I am glad you raised these issues and have the view point you have though as it is great for stirring lively commentary!
Discussions like this serve to help would be Maine bound folks to take a look at some of the realities of the economy here. Some good....some not so good....some really scary.

[K-Luv]

Originally Posted by Nor'Eastah

The price of oil is just a symptom, it isn't the whole disease. The disease is buried in our banking system. Does anyone remember Bear Stearns? Are you aware that the Fed is loaning treasuries (= money) to large Wall Street banks in exchange for their bad paper (mortgages, car loans, student loans, credit cards - all gone/going bad)? When the Fed loans money, it prints it out of thin air. This concept seems to unsettle a lot of people. They have some idea that when you take out a mortgage or a loan, you're 'borrowing' someone else's 'deposit'. Not so. The Fed creates digital money out of thin air and distributes it to major banks.

I am well aware of the disease that is the Fed, but you hit on what could be considered the cause of the current hard times. When there is too much money and too much credit pumped into the system inflation occurs. As the prices begin to raise, people began to hold off on spending--they start saving more as they to stretch out their dollar. With the lack of spending the economy starts to head towards a recession until people start spending again and it all evens out.....for awhile.

That digital money has always existed as just a number on a piece of paper.

The home loan 'crisis' has more to do with what is going on in this country economically then the price for a barrel of oil. OPEC sets the price of oil, not the US.

[K-Luv]

Originally Posted by Maineah

That comment was not meant to be a slam. It was just demonstrative of the whistling past the grave yard attitude we see by all politicians while people really are feeling a pinch here.
Just because you don't see something personally with your friends and family doesn't not mean it doesn't exist! I'm sure you realize that. I am glad you raised these issues and have the view point you have though as it is great for stirring lively commentary!
Discussions like this serve to help would be Maine bound folks to take a look at some of the realities of the economy here. Some good....some not so good....some really scary.

I didn't take it as a slam at all.

It's just an observation that I am making.

p.s. I am going to whistle all the to the grave