Be prepared: Wall Street advisor recommends guns, ammo for protection in collapse

Posted by ShrugInArgentina 11 years ago to Economics

When what is left of Capitalism finally does collapse, does anyone think a free market system will rise from the ashes?

I certainly don't.

SOURCE URL: http://washingtonexaminer.com/be-prepared-wall-street-advisor-recommends-guns-ammo-for-protection-in-collapse/article/2541205

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Posted by LetsShrug 11 years ago

Probably not right away, but eventually. I think everybody in here is prepared for this....well maybe not Maph.

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  Posted by Rozar 11 years ago
  
  Haha I'm not prepared at all. I'm also not concerned about it. Not because I don't think it's going to happen, mostly because I don't care.
  
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    Posted by LetsShrug 11 years ago
    
    I'd like to survive... but to each his own. :)
    
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    Posted by Hiraghm 10 years, 12 months ago
    
    Me neither, but not because I don't care, just because there's little I can do about it.
    
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  Posted by Maphesdus 11 years ago
  
  So, if I buy a bug-out bag, will I be prepared then...? :)
  
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    Posted by Zenphamy 11 years ago
    
    Not a chance Maph!! Save your money.
    
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    Posted by khalling 11 years ago
    
    It 's what you put in the bag that 's important.
    
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Posted by Zenphamy 11 years ago

As far as I can determine, throughout history, regardless of the form of government or society, a free market always exists. It's called the black market.

But it's not just the guns, ammo, and 72 hours of food that will protect you in the collapse. It's the mental attitude and drive of the rational individualist committed to self preservation, freedom, and life.

Capitalism hasn't really existed in this country since at least 1913 and certainly not since 1972. Printed paper, plastic cards, or 0's and 1's in a computer's memory have an intrinsic value of 0. I don't think there's a chance for a free market to exist in our world unless what we call capitalism today does collapse.

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  Posted by MattFranke 10 years, 12 months ago
  
  Damn Right! The first repercussion of any regulation that seeks to control commerce in any fashion, is that it ALWAYS creates a free black-market. Doesn't matter what the product is: alcohol, tobacco, firearms, abortions, 48 oz. soda pops, or Liberty. Government will never manage to stop trade all-together, until it kills every last one of us.
  Look at prisons, I've heard from people, that drugs are easier to get IN prison, than out. It doesn't make much sense; but for some reason, that seams to be the way it is. Perhaps there should be more laws against drugs in prison. 8-o
  
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Posted by ShruginArgentina 11 years ago

...and I am prepared.

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  Posted by ShruginArgentina 11 years ago
  
  And I would like to point out that the advice to have a "bug out bag ' did not come fom a survivalist living in Idaho.
  
  It came from a Wall Street advisor and Forbes contributor.
  
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    Posted by Maphesdus 11 years ago
    
    What if he just invested in bug-out bag companies, and is encouraging people to buy their products so that he can make a profit off the whole thing?
    
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      Posted by ShruginArgentina 11 years ago
      
      If I had done that I would be very proud of myself!
      
      (This is one website where the idea of making a profit is nothing to be ashamed about.)
      
      Here's what I actually invested in:
      
      http://goinggaltinargentina.blogspot.com...
      
      Be sure to click on the second post to read why.
      
      And my bug-out bag "refills" automatically:
      
      The chickens continuously produce eggs and/ or more chickens and the garden continuously produces fruit and vegetables.
      
      And the smokehouse (when the constuction is completed) will produce ham and bacon from the neighbor's hogs.
      
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        Posted by stargeezer 10 years, 12 months ago
        
        Nice digs going! I'd say you are GONE!!!!
        
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        Posted by WillH 10 years, 12 months ago
        
        Uh, did you say bacon? nom nom nom.
        
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        Posted by Zenphamy 11 years ago
        
        Shrug; you've already begun developing your products for a free-market. You're way ahead. Congrats.
        
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        Posted by Maphesdus 10 years, 12 months ago
        
        Well naturally there's nothing wrong with turning a profit, of course, but at the same time you can't trust a salesman to provide you with fair, accurate, and balanced information. That's all.
        
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        Posted by stargeezer 10 years, 12 months ago
        
        Everybody is a salesman friend. If you think you aren't one, I've got news for you. you've been peddling a certain lifestyle since you got here. I'm not buying, but some may be.
        
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      Posted by Zenphamy 11 years ago
      
      Is there a problem making a profit?
      
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        Posted by stargeezer 10 years, 12 months ago
        
        None at all. But some think it's a crime, like BO and company.
        
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Posted by Maphesdus 11 years ago

One thing I would like to point out is that there's a new factor in place which wasn't present during the rise of the Soviet Union or the Third Reich: the Internet. How will this modern medium of communication and exchange impact a revolutionary group that seeks to overthrow the government and establish a dictatorship? Only time will tell...

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  Posted by ShruginArgentina 11 years ago
  
  I'd like to point out that the dictatorship is already in power and will take control of the internet by "executive order" if necessary...when there is a national emergency...which could include any perceived threat to their power.
  
  http://news.cnet.com/8301-1023_3-5746995...
  
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    Posted by stargeezer 10 years, 12 months ago
    
    Dead on target.
    
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Be prepared: Wall Street advisor recommends guns, ammo for protection in collapse

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