Scattershooting Wildly
1/22/08 - 3rd Day - After Breakfast. Agrarianism Works. When it became obvious this morning that the stock market, which has crashed well over 2200 points since October 1, was going to seriously tank today, the "fed" reacted by cutting a key interest rate by a huge amount this morning, minutes before the opening bell.
Early this morning, headlines were announcing the collapse of the economy, and the massive sell-off of stocks around the world. Simultaneously, more huge banks announced huge losses. The Drudge report had an article predicting a 500 point drop from the opening bell. Many of the world markets lost 10% of their value yesterday while the US market was closed for some stupid "holy day".
The breaking news of the feds decision to drop the prime rate (the rate that banks charge each other for loans) was a bit shocking to some. The very fact that billions of dollars in INVISIBLE money can be saved by adjusting the rate that banks charge each other, and that somehow this protects and serves the average people in "amerika" ought to be solid proof that the entire Amerikan economy is built on smoke and mirrors. There is nothing real to it. There is nothing to really protect "savings" or other assets. It is all a joke.
Only people with "assets" in invisible and fictional financial "markets" or "tools" can be benefited when invisible machinations are employed to invisibly pump invisible vapor-money into an invisible economy.
The paper-shell system is manufacturing paper supports to bolster a collapsing system. When Bush announced a "stimulus" package last week, the market responded by dropping about 800 points.
The point is, for those of us who are out of the system and who provide for themselves... WHO CARES? It might have an effect on us, in that we still buy things like gas and some food items. But the best thing that could happen to many of us is that those things would become too expensive for us to afford. For those who are "planning" to, or are actually moving towards, going off-grid, I would say that this ought to be the stimulus to get you moving. You may not have much time.
If you haven't started moving yet.... well.... if any man love this world, the love of the Father is not in him.
Well, I haven't posted for a week. I left on the fourth day last week to run up to Lubbock to be with my mother in the hospital. She fell that morning and really shattered her left femur. It took the hospital almost 12 hours to get her a room, and 52 hours to get her into surgery. They put a long rod in from her hip all the way to her knee. I've started to call her "kickstand". I will spare you the rant on my frustration with hospitals, and with cities, and with the fact that trauma centers have to exist because of industrialism.
Robert and I returned home on Friday evening. We had a great sabbath and a great Lord's Day fellowship with the brethren here in the community. On the Lord's Day evening, Jennifer got really sick with some type of stomach bug, and I think I got a touch of it yesterday, but not bad. I'm feeling better today. Because of that, I didn't get my sermon finished yesterday, which was to be part 2 of the Darkness and Light series. I hope to have part 1 posted on BiblicalAgrarianism.com sometime today.
Well, I leave (if the Lord wills it) next week with Larry to go to the woodworking class in Waco. I hope you will all be praying for Larry and I, that we would learn a lot of valuable skills while we are there. I am certain that we will.
For those who have emailed me in the last week. I am absolutely snowed over with emails and questions, and many of them are very, very important. If I have not responded to you yet, please be patient and I will try to get you a response this week. If you do not hear from me this week, please resend your email and I hope to get it while in the motel next week.
Thank you all!
Michael
Early this morning, headlines were announcing the collapse of the economy, and the massive sell-off of stocks around the world. Simultaneously, more huge banks announced huge losses. The Drudge report had an article predicting a 500 point drop from the opening bell. Many of the world markets lost 10% of their value yesterday while the US market was closed for some stupid "holy day".
The breaking news of the feds decision to drop the prime rate (the rate that banks charge each other for loans) was a bit shocking to some. The very fact that billions of dollars in INVISIBLE money can be saved by adjusting the rate that banks charge each other, and that somehow this protects and serves the average people in "amerika" ought to be solid proof that the entire Amerikan economy is built on smoke and mirrors. There is nothing real to it. There is nothing to really protect "savings" or other assets. It is all a joke.
Only people with "assets" in invisible and fictional financial "markets" or "tools" can be benefited when invisible machinations are employed to invisibly pump invisible vapor-money into an invisible economy.
The paper-shell system is manufacturing paper supports to bolster a collapsing system. When Bush announced a "stimulus" package last week, the market responded by dropping about 800 points.
The point is, for those of us who are out of the system and who provide for themselves... WHO CARES? It might have an effect on us, in that we still buy things like gas and some food items. But the best thing that could happen to many of us is that those things would become too expensive for us to afford. For those who are "planning" to, or are actually moving towards, going off-grid, I would say that this ought to be the stimulus to get you moving. You may not have much time.
If you haven't started moving yet.... well.... if any man love this world, the love of the Father is not in him.
Well, I haven't posted for a week. I left on the fourth day last week to run up to Lubbock to be with my mother in the hospital. She fell that morning and really shattered her left femur. It took the hospital almost 12 hours to get her a room, and 52 hours to get her into surgery. They put a long rod in from her hip all the way to her knee. I've started to call her "kickstand". I will spare you the rant on my frustration with hospitals, and with cities, and with the fact that trauma centers have to exist because of industrialism.
Robert and I returned home on Friday evening. We had a great sabbath and a great Lord's Day fellowship with the brethren here in the community. On the Lord's Day evening, Jennifer got really sick with some type of stomach bug, and I think I got a touch of it yesterday, but not bad. I'm feeling better today. Because of that, I didn't get my sermon finished yesterday, which was to be part 2 of the Darkness and Light series. I hope to have part 1 posted on BiblicalAgrarianism.com sometime today.
Well, I leave (if the Lord wills it) next week with Larry to go to the woodworking class in Waco. I hope you will all be praying for Larry and I, that we would learn a lot of valuable skills while we are there. I am certain that we will.
For those who have emailed me in the last week. I am absolutely snowed over with emails and questions, and many of them are very, very important. If I have not responded to you yet, please be patient and I will try to get you a response this week. If you do not hear from me this week, please resend your email and I hope to get it while in the motel next week.
Thank you all!
Michael
posted by Michael Bunker at 1/22/2008 06:19:00 AM
1 Comments:
Michael,
Forgive me, I'm playing catch-up here. There's been too much going on that would have sounded like whining had I posted it on BA, etc. It's been a rough 6 or 8 weeks. I hope your mother is recovering well. We were blessed recently with our refrigerator going out. We're now saving for a SunFrost and will be one step further, Lord willing, away from the grid and the world.
Judy at Tabletop Homestead
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