Monday, December 19, 2011

Take Your Ball And Go Home


In our current system, your financial power is the most imporant power that you have. How you choose to allocate your wealth has more of an impact and "voice" if you will, than any action that you could ever make inside of a voting booth.
Do not allow this final, and important power to be taken away from you as a citizen. If we as a people collectively go broke due to financial calamity, what would the ruling class need to consult with the general public for? The answer: Nothing. Consider making moves now to protect yourself from paper ponzi schemes. Take personal responsibility for managing your assets. Do not rely on a 3rd person or group of persons to safe guard YOUR savings. If there is any counterparty risk in your "porfolio", consider the idea that this portion of your savings could be taken to zero with no notice, just like the unfortunate people who held accounts at MF Global. There are more bankruptcies on the way. Use this time that we have to make whatever financial preparations you can. Talk to your loved ones and find out what they are doing. Hope for the best.

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