Preppers: One shoe drops Economic update 09/22/2011

[tinsnanna]

very very good video much thanks

[Metellus10011]

yeehaw

[jmmurdy]

Things are getting more divided and the space between rich and poor is growing quickly.

[ilovety65]

angelfood ministries is closing it's doors.as of yesterday.

[flwalt]

It is having an affect! My son-in-law lost his job yesterday along with many other workers. Insanity = Doing the same thing and expecting different results. Bernanke fits the description perfectly.

[MrBalonko]

They are making of us modern slaves.In 10 years we(entire country and its citizens) will be in super heavy debt .My country all ready has some old credits to return plus the new credits and it will be worse every year.I am from Europe.

[greatwf]

¡Great!



[EastTennesseePrepper]

@Mr59plexi I'm starting to believe that.

[crazeyspivey]

I agree with you neighbor.......Bernankkie = Financial Terrorizt. And now him and the banksters are smacking down the prepper's money (Silver). Robbing us all over again! From an angry prepper in Va.

[EastTennesseePrepper]

@crazeyspivey The anger is spreading, I promise you this. You are NOT alone.

[crazeyspivey]

@EastTennesseePrepper Thats a big 10-4 from my backdoor. All for one, and one for all!!! Off with their heads!

[nikki4612]

I saw an article today that said the face of poverty is the suburbs. We now have more people living below the poverty level in the suburbs than in the cities. In Lousiana, one in 6 children don't have enough food to eat. Our state gov cut subsidies to the food banks by 90%. But in the next parish over they wanted a tax for an equestrian and polo center. Thanks for the great information. I think I'm going to go can something. Nikki

[EastTennesseePrepper]

@nikki4612 My mother is over a food etc outreach. Funding has dried up.

[FruitTrees4Life]

@EastTennesseePrepper Why not encourage people to plant fruit trees? So many perppers toring up food, and they have tons of property, why arent tehy planting fruit trees? Or berry bushes?

[EastTennesseePrepper]

@FruitTrees4Life I actually have in a few videos in the past. The trees and bushes encourage wildlife to visit your homestead plus you have all that awesome fruit, and nuts..Win win.

[AppalachianFreedom]

TWIST=Printing more money!

[EastTennesseePrepper]

@AppalachianFreedom Exactly!

[veritas8985]

Ben Bernanke, AKA Ben Backfire

[EastTennesseePrepper]

@veritas8985 LOL

[EastTennesseePrepper]

@Girlprepper The whole Denver thing is based on the Elenin rumor....Which they tied in to his campaign tour which in fact does take him to Denver during this time. Got a fact for you, send ya pm shortly.

[Smokeater68]

Most people (with any common sense anyway) are irritated Brother! Subbed!

[EastTennesseePrepper]

@Smokeater68 Thank you and I agree. I do see people around here where the irritation has turned to anger.

[PreppingOnABudget]

@EastTennesseePrepper I'm afraid anger will be the motivation and the reason that more people will start prepping eventually! I hope!

[PreppingOnABudget]

@PreppingOnABudget That didn't sound right. Anger can be two-fold - it can catapult you to prepping or it can send one in to rage. Let's hope most take towards a prepping mindset. Ok , that's better. That's what I meant. ;-)

[Woodsygirl62]

Raises their taxes, cuts their pensions, inflation ..does this sound familiar!? liked the quote..they are sick individuals with no clue who is hurting. They aren't. Who's to say the other shoe won't fall before the closing bell..Thanks for sharing ETP, anyone can see its been hard on you to do these videos, but we all appreciate it. I agree..keep spreading the word, this one goes to fb, and keep prepping!

[EastTennesseePrepper]

@Woodsygirl62 I still can't get FB to let me send the request...They had that big conference while the toy was broken..too funny.

[PreppingOnABudget]

Thanks for your videos, you tend to put it where we can all understand. We all need to pay attention and actually get behind the candidate that can win next year. In the mean time.... prep, prep, prep! Please

[Woodsygirl62]

@PreppingOnABudget AMEN!

[EastTennesseePrepper]

@PreppingOnABudget Fresh ideas, solid direction. Common sense is needed. We don't see that much anymore lol. We also need to be on the phones and email with our reps and let them know we have had enough.

[PreppingOnABudget]

@EastTennesseePrepper You're right. Get off your butt, get on the email and phones and let them know. Common sense should rule and hopefully we'll return to that. Love the vid's, seriously. Please don't stop... Lynette - Preppingonabudget!

[PreppingOnABudget]

@Girlprepper Oh that's interesting. Sources? I've never heard this and if it is true, all you guys/gals that have your gold in the safety deposit box, you might want to get it out. ;-) Girl Prepper, if you remember where you saw this please PM me. Very interesting thought.

[notinfoilplease]

You were spot on as usual - The market took a hell of a beating today. Several other articles from yesterday have me concerned - Insider trades are selling at a 7 to 1 ratio over buying -

Man, it's gonna be a rough next 6 months. Need to beef up my preps. Keep up the great posts!

[EastTennesseePrepper]

@notinfoilplease I believe that is an indication of short sells. U.S. put a temp ban on it in 2008 but the damage was already done and it didn't help. If the DOW hits 9k, it'll be too late to stop the short sells again.

[Ja72corbin]

why is it that america is unable to realize if you take three steps back and two forward you still have taken a step back. ??? If this has confused you thats my point!! please dont commet to me !! thank god at least a few of us are awake like ETP

[EastTennesseePrepper]

@Ja72corbin Heh...why don't they realize? Simple. They talk about the economy for 5 mins then blather on about Jersey Shore for 15 mins.

[avmcokiejohn]

The fed has no idea what jobs and product means. They only know how to throw money at problems. They still believe in the trickle down theory, that has never worked, and throw money at the ultra wealthy who never push that cash downline into job creation and production for the free market.

The solution is to handcuff the fed and begin a phase out plan of their elimination putting control of the economy back into the hands of the people.

[EastTennesseePrepper]

@avmcokiejohn And jobs to the people. trade agreements need to be restructured. There needs to be a balance, right now it's in everyone else's favor.

[scarmenl]

But that is what Bernake is there for. He along with O'bama are the puppets and stocking horses that are there to wreck the US and in doing so bring much worse conditions to both the people of the US and the rest of the world.

[EastTennesseePrepper]

@scarmenl I honestly think he lost touch or can't believe this is happening on his watch. The fed needs to step aside.

[minbound]

Good video brother, the Dow is down 452 at this point a long with with everything else. But you know, nothing to see here move along right? Wake up people!

[EastTennesseePrepper]

@minbound Asia markets taking another beating tonight, tomorrow gonna be ugly too.

[mmlrc6atgmailcom]

When ever you use the word can;t , you have already lost , ben's stearing a shinking ship , and he dont care ...mm

[EastTennesseePrepper]

@mmlrc6atgmailcom Steering? I think perhaps he's down below poking holes in the hull. lol.

[IronRangeSurvival]

The U.S CORPORATION is not America, we the people, or Constitutional anything. It is UCC, IMF, and Admiralty Law.

If you look at all the fake "gov/dept" CAFR reports.....the treasonous MFrs took our money and made it the majority share holder of the crony-FORTUNE500

America is not broke; and it sure the f*ck isn't my debt. Imagine, 50+ yrs ago we didn't even have "property taxes"....rent payments.

[EastTennesseePrepper]

@IronRangeSurvival Or fed income tax. It's frustrating brother.. I feel ya.

[goosearrow]

The government won't announce they are broke. They will all be on an island somewhere when the populus finally realizes the jig is up. And we will have to deal with the chaos.

[EastTennesseePrepper]

@goosearrow I see plenty of local Govts already having to deal with the chaos.

[TRICIA7581]

I heard that the Govt is going to go after IRA'S and 401K'S as well.

[AnnieNM06]

@TRICIA7581 they are going after IRAs and 401Ks by trying to raise the capital gains taxes. most ira's and 401ks invest their funds so you get more money in the end...until the government taxes it all away

[EastTennesseePrepper]

@TRICIA7581 No surprise there, I saw an article on the gains taxes proposed on them.

[Iam1uglyguy]

The Govt will NEVER tell us we are broke, becasuse they know EVERYONE will finally wake up and we will toss them all out!!

[EastTennesseePrepper]

@Iam1uglyguy Good point. People need to wake up and toss them out...like...I duno...Now?

[Iam1uglyguy]

@EastTennesseePrepper AMEN!!!

[EastTennesseePrepper]

@Iam1uglyguy Getting closer to that "My fellow Americans" video lol.

[TheSheChef]

"I believe they are completely out of tools" That is a hardass truth. Afroprepper and I discuss this all of time - we think they are grasping at straws and using slight of hand bullshit tactics. Thanks for your video.

[EastTennesseePrepper]

@TheSheChef I have begun to dislike Bernie on a personal level. He is either wanting this to happen, or possibly one of the most ignorant persons I have ever witnessed breathing. Is our super congress even started working on the thanksgiving day deadline?? If not, it's gonna breakdown like back in August.

[TheSheChef]

@EastTennesseePrepper Did you see how they portrayed him in that mockumentary "too big to fail" like he's some kind of innocent yet noble PARIAH and shit? It was so disgusting - I coudln't even fall asleep until like 5am. I think he knows exactly what the hell he is doing and doesn't care who the hell suffers for it...Supercongress must be hiding with the Justice League they are MIA aren't they?

[tuubydude]

A good prepper should not be in the market. Period. Gold/silver dropping like rocks too, but I suspect their drop to be temporary. Within 30 days, the stock market is going to crash and burn. Anyway, how goes the redneck Ramadan?

[EastTennesseePrepper]

@tuubydude I don't know many who are diving in rather than protecting the 401k. I worked at one place where it was mandatory to be in one, and another one matched up to 7% free money. So if you have it, you gotta protect it. What concerns me tonight is gold and silver took a hit as well, that normally DOESN'T happen when investors are looking for safe haven.

[tuubydude]

@EastTennesseePrepper 2008 gold/silver crashed with the market as investors were liquidating their assets to cover their margins on investments that were quickly going bad. That is when I started investing in gold.silver. If your 401K allows you to borrow from it, then now would be a very good time to do so. The acct is going to be worth a whole lote less real soon and gold/silver will be the cheapest you will ever see it. Load up and pay your loan off with metal sales.

[therealvirginiawind]

I saw a news clip a year or two ago where one of these manipulators said that we needed a higher inflation rate to force folks to dig into their savings accounts. I think getting the workers to keep producing is what this is all about. If they can force us to give up our savings and/or devalue what we have, then they can keep us in debt so we're forced to keep our heads down and pulling the plow.

[EastTennesseePrepper]

@therealvirginiawind Savings? What is this savings creature you speak of?

[lauriegirl2]

You have such a common sense approach to our financial crisis. Thanks for the easy to understand commentary. I feel my eyes glaze over when others talk about what is going on but you make it very easy to understand and easier for me to engage in conversation with others about what we are all experiencing. Thanks my friend!

[EastTennesseePrepper]

@lauriegirl2 I feel they have complicated it so much people can't understand or even want to bother. I'm not an economist, but there are plenty out there who know the truth and can't figure out what the D.C. and FED economists are thinking. It should not be this hard, people are taught it has to be a certain way (like when oil goes down, gas goes up, but yet that never stays the same). I hope I help, sometimes I don't get it, and search out the answers. We're all there.

[TheVbird420]

thanks ETP! also thought you might be interested in BREAKING NEWS - World Markets In Free Fall Doubts Over Fed $400bn QE3 watch?v=zC9h_nlIs50

[EastTennesseePrepper]

@TheVbird420 Something else to make my eye twitch lol.