{"id":760,"date":"2009-06-28T11:18:00","date_gmt":"2009-06-28T11:18:00","guid":{"rendered":"http:\/\/www.bluetablepainting.com\/blog\/?p=760"},"modified":"2009-06-28T11:18:00","modified_gmt":"2009-06-28T11:18:00","slug":"prince-and-pauper","status":"publish","type":"post","link":"http:\/\/www.bluetablepainting.com\/blog\/2009\/06\/prince-and-pauper\/","title":{"rendered":"Prince and Pauper"},"content":{"rendered":"<p><a href=\"http:\/\/4.bp.blogspot.com\/_XxdgU-mVbm0\/SkdTjqzwDVI\/AAAAAAAAByk\/vOw9ZU1fLOA\/s1600-h\/walden.jpg\"><img decoding=\"async\" id=\"BLOGGER_PHOTO_ID_5352338554404998482\" style=\"WIDTH: 239px; CURSOR: hand; HEIGHT: 320px\" alt=\"\" src=\"http:\/\/4.bp.blogspot.com\/_XxdgU-mVbm0\/SkdTjqzwDVI\/AAAAAAAAByk\/vOw9ZU1fLOA\/s320\/walden.jpg\" border=\"0\" \/><\/a><br \/>Here are a couple of worthwhile vids about living well.<\/p>\n<p><a href=\"http:\/\/www.msnbc.msn.com\/id\/21134540\/vp\/31515125#31423980\">http:\/\/www.msnbc.msn.com\/id\/21134540\/vp\/31515125#31423980<\/a><\/p>\n<p>And then there&#8217;s this guy, who is presented as a bit of an oddity, but to me seems like the seeing man in the valley of the blind: he&#8217;s sane<br \/><a href=\"http:\/\/www.msnbc.msn.com\/id\/21134540\/vp\/31515125#31405978\">http:\/\/www.msnbc.msn.com\/id\/21134540\/vp\/31515125#31405978<\/a><\/p>\n<p>I&#8217;ve been thinking about this sort of thing recently: live like a king, die without a penny. The federal government is devaluing the currency (just wait until the &#8220;stimulus&#8221; gets turned into ten times that amount in debt! I hope they find that the public isn&#8217;t buying it) perhaps faster than what you can earn in interest. What if traditional retirement (ie save up enough to live on the interest) won&#8217;t work in the future?<\/p>\n<p>Just something that&#8217;s been percolating for me.<\/p>\n<p>One plan I&#8217;m considering is simply not accumulating any assets, only perhaps some use-able commodities. What else can have value but not be considered an asset? What cannot be looted by lawyers or the IRS? Goodwill with a local farmer? A skill that can be turned into cash easily (bike repairman)? Loyal children with good jobs? There&#8217;s your social security. Is there a commodity that has a shelf-life of 20+ years that can be both consumed, sold or traded with relative ease? Deodorant, Soap, Propane?<\/p>\n<p>Right now I have a negative net worth. A bum walking down the road who picks up a $0.05 can and puts it in his bag is richer than me. His net worth is &#8220;positive one nickel&#8221;.<\/p>\n<p><span style=\"font-size:180%;\">Response<\/span><br \/><em>Shawn,<br \/>I think you&#8217;re starting to get a little paranoid about these economic things&#8230; The United States has been in debt since WW2&#8230; If the United States crumbles&#8230; burdened by debt&#8230; you&#8217;re not going to have to worry about someone taking your assets&#8230; Besides only reading what the doom and gloomers are saying perhaps you should look at what other economists are saying as well? Carpe Diem is a blog that only sees good news in the economy (I know, I find it hard to believe as well)<\/em><br \/><em><br \/>The best thing you can do is keep your personal finances in order&#8230; That means paying off that debt and then, if you&#8217;re sure, the whole FED and Federal govt. is a scam to invest in real assets. Property and commodities&#8230; Just make sure you own them&#8230;<\/p>\n<p>If you want to be really paranoid, and about something that will probably happen before the US collapses under it&#8217;s debt&#8230; start looking into what peak oilers are saying: Cheap credit depends on cheap energy. Our culture is dependent on cheap energy. Cheap energy is a thing of the past.<\/p>\n<p><\/em><a href=\"http:\/\/cluborlov.blogspot.com\/\"><em>http:\/\/cluborlov.blogspot.com\/<\/em><\/a><\/p>\n<p><em>Enjoying the site and the videos&#8230; I&#8217;ll be a customer as soon as my own personal debt is paid off!<\/em><\/p>\n<p><em>Sincerely,<br \/>JH<br \/><\/em><br \/>I really appreciate feedback on the blog. I am open to differing viewpoints. I would like to air various sides of an issue. If what I write is unfounded, then let&#8217;s hear why.<\/p>\n<p>The only thing I would take mild issue with is the use of the work &#8220;paranoid&#8221;. That means that someone is imagining danger when there is none: an unreasonable fear. I maintain that my concerns are well-founded, and if anything, the majority of Americans are suffering from the opposite of paranoia: there are dangers that are not being recognized. This is not tin-foil-hat-conspiracy-theory. It&#8217;s everyday stuff that profoundly affects the well-being of common citizens.<\/p>\n<p>Here are some additional thoughts:<\/p>\n<p>Don&#8217;t drink the water from the pool the Banks have created. It is poison. It will hurt you. You don&#8217;t need their &#8220;products&#8221; (so-called). There is a better and healthier way. This from the guy who likes Twinkies! But you get my point.<\/p>\n<p>My sincere hope is that some readers will start looking at things differently. Through my experience as a business owner my life view has changed. I have felt the heavy hand of government. That they can destroy a small business or destroy someone&#8217;s life, liberty and property is not some imagined threat. It is real. It has already happened to me. I managed to survive. But now that the sharks have ripped off one of my feet, I am much more careful as I swim in the water nowadays.<\/p>\n<p>What hurts small business hurts the workers. That really bothers me.<\/p>\n<p>Through this experience I started to read more and more on politics. Then I dug down to a layer where it was clear that I had to read more about economics and banking. I&#8217;m no expert. The more I read, the less informed I feel. However, the study of it has given me ideas for my business, and helped me to understand how things work.<\/p>\n<p>I no longer wish to trade glass beads for my life essence.<\/p>\n<p>I once read a book called &#8220;The Religion Worth Having&#8221;. The thesis of the book was that there is a way-the-universe-actually-is and that the more that a religion, or an individual, or a society conformed to the actual and real laws of that universe the more successful it would be. A ship can&#8217;t vote it&#8217;s way around the Strait of Magellan. It must have accurate maps and follow sound nautical principles. I think the founding fathers referred to this as &#8220;natural law&#8221;. That&#8217;s sort of a blank area for me right now.<\/p>\n<p>PS- some have noticed that I have comments turned off on my blog. I prefer to have people email me comments and then to post them.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here are a couple of worthwhile vids about living well. http:\/\/www.msnbc.msn.com\/id\/21134540\/vp\/31515125#31423980 And then there&#8217;s this guy, who is presented as a bit of an oddity, but to me seems like the seeing man in the valley of the blind: he&#8217;s sanehttp:\/\/www.msnbc.msn.com\/id\/21134540\/vp\/31515125#31405978 I&#8217;ve been thinking about this sort of thing recently: live like a king, die [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-760","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"http:\/\/www.bluetablepainting.com\/blog\/wp-json\/wp\/v2\/posts\/760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.bluetablepainting.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.bluetablepainting.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.bluetablepainting.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.bluetablepainting.com\/blog\/wp-json\/wp\/v2\/comments?post=760"}],"version-history":[{"count":0,"href":"http:\/\/www.bluetablepainting.com\/blog\/wp-json\/wp\/v2\/posts\/760\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.bluetablepainting.com\/blog\/wp-json\/wp\/v2\/media?parent=760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.bluetablepainting.com\/blog\/wp-json\/wp\/v2\/categories?post=760"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.bluetablepainting.com\/blog\/wp-json\/wp\/v2\/tags?post=760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}