Keep Our Service Free-Donate

Monday, January 7, 2019

Socialists, Muslims, New Left Sworn into Congress


Poor Man Survival

Self Reliance tools for independent minded people…


ISSN 2161-5543

A Digest of Urban Survival Resources

 


With the swearing in of new Democrats/Socialists this week it is apparent that…

As expected, two Muslim women, Democrat Rashida Tlaib in Michigan and Democrat Ilhan Omar in Minnesota, were overwhelmingly elected to the US House of Representatives. The establishment media celebrated these ‘victories’ as triumphs of America’s “diversity”; unfortunately, in reality neither one is worth celebrating.

Tlaib is a vociferous foe of Israel, Tlaib is likely to be an energetic proponent of the new majority’s vendetta against the Middle East’s only democracy…she’s already demonstrated her lack of class by openly swearing at a public meeting of her goal to impeach the president at a meeting of Left wingers MoveOn.org group.
What kind of injustice? Tlaib, of course, had nothing to say about the genocidal incitement against Jews and Israel that regularly features on Palestinian television.


Omar
 
 

Young adults are flocking to socialist ideas because they want the nanny state to take care of them from the cradle to the grave and give them everything for free.

Perhaps you agree with the pundits who say the air is too gloomy, foreboding, as if we might be on the brink of catastrophe… 

If so… Are we in a repeat of the global financial meltdown and recession of 2008-09? The sharp drop in equities is certainly reminiscent of 2008. Indeed, the December decline is the worst in a decade. Or are we entering a different kind of recession?

Crass, and vulgar, and utterly indefensible. That’s the only way to describe the combined “leadership” of Ben Bernanke and Janet Yellen who conspired to throw an entire generation under the bus, along with the elderly on fixed incomes and savers too. 

Millennials were locked out of first time home-buying by an interventionist Fed that decided all on their own that those already living in houses should be made to feel wealthier by virtue of rising home prices.

…and spending more would somehow be a good thing.

The illogical part is not hard to work out.  If you are already living in a house, and you have to live in one anyway, are you truly wealthier if it goes up in price?  Obviously the answer is no, and a tiny bit of thought reveals the opposite. 

The only way to tap that wealth, without borrowing against it, would be to sell your expensive house and downsize or move away to a cheaper location.  Moving nearby to an equivalent house does nothing for you expect waste realtor and other transaction fees.  A more expensive house defeats the strategy entirely.

Otherwise, living in a more expensive house costs you more in terms of insurance and property taxes.  That is, it makes you poorer, not wealthier…and in America homeowners are in a state of perpetual hock to the ‘state’ due to property taxes so one never truly ‘owns’ their home, we’re merely serfs paying tribute to feudal lords.

Only in stupid-banker land does a liability that drains more cash from your pocket count as an asset.  As Robert Kiyosaki has stressed in every lecture he’s given over the past 25 years, the house you live in is not an asset.

Roofs need replacing, electricity and oil are consumed, painting and mowing and plowing are all part of simply preventing this thing from rotting straight away into the ground.  Mortgage interest, insurance and property taxes have to be paid or you will quickly lose ‘your’ house to some authority or another. 

You see any cash flying into your pockets during any of that? 

Therefore your house is a liability.  Assets are things that put cash in your pocket, liabilities take cash out.

The immoral part of the Fed’s decision to drive up house prices has two parts. The smaller part concerns the immorality of encouraging people to go deeper into debt (refi’s, HELOCS, etc.) by leveraging a liability.  Bankers not should but do know better. 

The larger part centers on forcing an entire generation (e.g. Millennials) to either skip buying a house because they can’t afford one, or to buy a more expensive house than they can reasonably or comfortable afford.

Put simply, the Fed threw an entire generation under the housing bus just so that the older folks could feel a little better about the price of their already purchased and lived-in home-at the very least, those over sixty-five should be given a reprieve on property taxes!

Regarding the Shut Down-Pelosi & Schumer Should Resign

The Wall Street Journal reports that some 380,000 federal employees are at home without any idea when they'll receive another paycheck... and another 420,000 employees deemed "essential" are working without pay.

Of course, these folks will get paid when the government comes back online. They always have before... under President Clinton in 1995 and 1996, under Obama in 2013, and during the three "mini shutdowns" we had last year.  That is unlikely to happen this time.  There is growing support for “Trump’s Wall” and even a GoFundMe page with millions of dollars in its pot to be released for construction costs donated by Americans concerned about stopping the rising hoards of illegals from entering our nation…Central America comes out a winner by dumping its unskilled, poor and sick people into our welfare system.

The new Left seems to think we should have an open border policy and Ms13 gangs and drugs and thousands of families with diseases and no job skills should pour into our country unfettered…that hasn’t worked well in Germany where crime and anger among citizens has risen dramatically to the point where its PM Merkel’s popularity rating as dropped to 24% as a result of her allowance of a free flow of Muslim refugees into that nation.

These so-called shutdowns are anything but.

Despite the headlines, they have no significant effect on the market... on the economy... or on the political process.  And apparently, the private sector managed to add a whopping 312,000 new jobs again making Democrats angry enough to foster a flurry of “let’s impeach the President” actions in DC motions and  an angry public expletive from a low-class newly minted MI representative anxious to demonstrate her public speaking skills…
 

No matter your hopes and dreams, the government will never truly shut down.

 This n That...

Federal employees prepare for a long shutdown – Why the Poor Man & Other Financial Planners Have ALWAYS said You Should Have a Six Month Cash Reserve on Hand!

The US Office of Personnel Management tweeted out sample letters for federal employees to send to their creditors, mortgage companies or landlords. The letters suggest that employees ask to pay a reduced amount or create a payment plan in the coming months because they are out of work and not getting paid during the shutdown.


Nonfarm payrolls increased by 312,000 in December, easily topping all forecasts, after an upwardly revised 176,000 gain the prior month, a Labor Department report showed Friday. Average hourly earnings rose 3.2 percent from a year earlier, more than projected and matching the fastest pace since 2009. Meanwhile, the jobless rate rose from a five-decade low to 3.9 percent, reflecting more people actively seeking work.


If their objective was to stimulate borrowing, the central banks were successful. Before the crisis global debt, excluding financial institutions, was about $US113 trillion ($161 trillion). It is now more than $US186 trillion ($264 trillion). The global total debt-to-GDP ratio has blown out from around 270 per cent of global GDP to about 320 per cent of global GDP.


From 1976 to 1980, just under 1 in 7 American adults, or 15.1 percent, were obese. Now, despite people’s concerted efforts, obesity is at its highest level ever, with about 40 percent of U.S. adults and 18.5 percent of children, considered obese. This is itself an increase of about 30 percent, just since 2000 when roughly 30 percent of American adults were obese.

 


Despite what many people assume, central bankers are not driven by a desire for profit. They print their own capital, they hardly need to make a profit. Central bankers are also not driven by a desire to keep the current system afloat. They have demonstrated time and time again their habit of deliberately sabotaging the system through the use of inflationary bubbles followed by fiscal tightening into weak economic conditions. The U.S. economy today is just as expendable as any other economy the banks have destroyed in the past. It is not special.

 
Yours for smarter living,

Bruce ‘the Poor Man’

 

 

Additional FREE Resources

 


Other notes of interest…

 

Living Frugally In Suburbia
You live differently than your neighbors.

 

 

14 Frugal Food-Rescuing Tips from Grandma
These depression-era frugal tips still work today!

 

8 Simple Ways to Put More Money in Your Pocket
Have more money without working harder!

 

 

Knowing When and How to Stockpile Groceries
Stocking up could save your grocery budget!

 

 

Emergency Preparedness on a Budget 
Affordable ways to prepare for an emergency.

 


Develop a Well-Rounded Prepper Library

When the topic of a prepping library comes up, what do most people talk about? Chances are the U.S. Air Force survival manual,  SAS survival manual, Army Field Manual 21-76, or something from Ragnor Benson.

 

When people get into prepping they typically start with stockpiling, then may gravitate towards self-sufficiency. For example, someone may start off with stockpiling canned goods, then move towards mylar bags and freeze dried foods, then finally arrive at prepsteading, farming, and gardening.

Most people who live in the suburbs can have a small garden, maybe some laying hens, and fruit trees. This allows just about anyone to grow some of their own food.

As preppers progress from stockpiling to prepsteading, shouldn’t their library also progress?

Chances are a lot of preppers do not have a single book on gardening, homesteading, canning and preserving food… etc. Even less will have books on literature, science, and math.

If we are prepping for a complete collapse of society, shouldn’t we also stockpile books for future generations? If something were to happen today – plague, nuclear war.. etc – what types of books would the reader have on hand to teach their children, or grandchildren?

What good does it do to survive the next plague, nuclear war… if future generations do not have access to resources?  This means real books made from paper and not electronic books for e-readers.

Why real books?

·         A real book can be dropped, and dropped several times without damage.

·         Real books do not require electricity.

 


 

Basic Essentials Series — Everyday Handy Skills



 

How To Make a Hundred-Hour Candle



 

You’ve got 2 hours until disaster strikes. Are you prepared?

If you’ve watched any apocalyptic movie ever, you’re familiar with the grocery store scene. You know which one I’m talking about. Anxious dad rushes isle by isle gathering water and canned food for his family while everyone around him gradually turns from innocent customer to aggressive looter.


75 Ways To Make Money On The Side


 


 

 

Contributors and subscribers enable the Poor Man Survivor to post 150+ free essays & free reports that I provide annually. It is for this reason they are Heroes and Heroines of New Media. Without your financial support, the free content would disappear for the simple reason that I cannot keep body and soul together on my meager book sales & ecommerce alone.  You can make a donation at top of this page via PayPal.

Find survival related books here!

Support our efforts by shopping my storefront…


 

 

 

 

A Smoking Frog Feature, Shallow Planet Production

 

3 comments:

larry said...

That MI twit ran un-opposed and she wants to wipe Israel off the map, marches in anti-Israel rallies and is opposed to everything most of us believe in...I'd like to know if there is a recall drive against her as I'd join in. What the hell is MI becoming?

Mike said...

Trump is not perfect. Far from it, In many ways, he is incredibly flawed. But he is the FIRST President to speak truth to the politically correct powers, and to do it EVERY DAY!

The Left is empowered like never before to destroy this president, destroy the Pro America agenda, and push us into what Ronald Reagan called a "thousand years of darkness."

Sam said...

It does amaze me how two anti-American flatworms like the simians you've included here ever got elected [do we now have that many anti-Americans living in America-if so why did they come if here if they hate America-it makes zero sense]. but on the other hand of the more than 120 or so new batch that got elected I believe this is the most educated batch yet and among them the most veterans so perhaps there are some redeeming qualities and perhaps not all hope is lost. Nonetheless it angers us that so many Dems are drooling over the chance to screw over Trump rather than get on with addressing the real needs of America such as our failing infrastructure, power grid, the need for better border security, etc.