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[bob ford <bobford79 AT yahoo.com>]

James, you know that I respect your opinion; and over the years I have 
learned a number of things from you.  Perhaps, as you say, "our views of the 
world just don't coincide".  It's not that I don't think you are better 
positioned to not lose as much as people like me and my acquaintances during 
the ( potential) coming hard times.  I just don't understand why you think 
hardworking frugal people are to blame for their losses, and why you  think 
that people who have always played the easy games in society will be made to 
suffer.
 
I appreciate the time you have taken and I'm just going to make a couple of 
notes, and move on to a different train of thought (hopefully)
 
You say  "Those people who have "earned" a living shuffling piles of paper 
about aren't going to expatriate to Europe for a couple of years".    Why not?
When I first wrote what I heard from friends/acquaintances, I was not just 
guessing.  People are starting to discuss their plans.  This am., a 'paper 
shuffler", (hospital -was RN, before admin.position) friend said that she had 
already talked to her family in Tel Aviv (I know thats Asia , not Europe).  
She still has money in the market but has recently beeen converting into gold 
and has had an Israeli bank account for many years.
 
Another fellow yesterday said that he was thinking of taking his entire 
family to Spain, to a place he and family had vacationed several times, but 
also has a Cabin in Northern New Mexico in case that doesn't work.  If money 
is all going to disappear, does that mean only people who have shut 
themselves off completely from society will handle the changes properly.  
When in human history has that occurred?  
 
Most people that I know who are still well off financially, even with debt; 
are only converting 10% liquid to gold, with varying percentages in cash.  
I'm still in the market and you are scaring the hell out of me.    There is 
an old saw "buy when there is blood in the street, even if its your own 
blood".  Should I sell now at historic lows?  I just don't see people that I 
know well, and who are smart about finances, doing that.    Maybe I should.  
I don't know.  It's not like I'm rich, but I have to decide of I'm becoming 
irrationally fearful.
 
You have given me a lot about which to think. But,  I see other smart people 
who think I'm already worrying too much, and I still think there is a chance 
that our country has a possibilty at least of limping along without terrible 
consequences.  
 
Also, this city has been my home for a long time.  Now, I'm ready to go , 
psychologically, anyway.  But, I don't think I want to run away in fear.  I 
could move to the middle of nowhere, and hide.  Tha'ts what I would be doing 
if I left just for this reason.  It's not like I have a long established 
homestead community like you and many others on the list.  To be honest, if 
things do become terribly bad, I'd just as soon stand with people I know than 
hide with people I don't. ...bobford
 
 



----- Original Message ----
From: "Clansgian AT wmconnect.com" <Clansgian AT wmconnect.com>
To: homestead AT lists.ibiblio.org
Sent: Wednesday, September 24, 2008 7:55:22 PM
Subject: Re: [Homestead] Wrong admission



> > I just don't understand how only lazy, carefree people are going to lose, 
> if, as you say " It's real.  It's happening.  It's coming to a world near 
> you."    ....bobf
> 

Bob, our views of the world just don't coincide.  Those people who have 
"earned" a living shuffling piles of paper about aren't going to expatriate 
to 
Europe for a couple of years.  Everything they base their lives upon bids 
fair to 
evaporate.  You suffer from a common ailment now of days in imagining that 
money is something real.  It's only as real as the collective financial 
system 
say it is.  Once they say otherwise, which is about to happen, there's no 
squirriling away anything.  The blips simply disappear from the computer same 
as if 
you kicked the plug out of the wall.

And any of the more common clay who work two jobs to pay mortgage and credit 
card debt are only miniature versions of the above,  To the exent they 
subscribed to the debt/consumerist mentality, they will suffer in proportion. 
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