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Overunity Machines Forum



I see an economic diasater coming...

Started by the_big_m_in_ok, September 03, 2009, 01:05:30 AM

Previous topic - Next topic

0 Members and 3 Guests are viewing this topic.

Do you think the American economy will ever improve?

Yes, definitely
Possibly, in the long run
No, it will worsen
Undecided

Qwert

Quote
In the three years since Lyndon LaRouche's April 11, 2009 public warning that Barack Obama is a pathological narcissist in the image of Emperor Nero, the President has done everything in his power to prove that LaRouche was absolutely right.

And guess why the President has done that? Coz the President does not know what (or who) LaRouche is...

triffid

The story of the moon flights. http://www.hulu.com/watch/165094 " For All Mankind" (1989).triffid




A record of some of our finest moments.

denmason

                        Triffid, when I was 19 doing my apprenticeship one of the Journeymen who didn't do much talking at all asked me a question one morning before work. He asked me "how much money do you make?". I thought he was joking with me as I knew he knew what I earned. Then he went on to tell me how my paycheck should work. He said "You always pay yourself first, everyone else comes second." I followed his advice for 30 years. I would write a check to myself first, and then pay the bills. If I came up short, the bills had to wait. It worked out very well for me and after a time I learned what money really is and what it is not. That's when I started  buying precious metals and I never looked back.

triffid

Denmason,I learned to save 10 percent when I was 35 yo(now 60).A.L. Williams(an insurance guy) wrote a small red booklet on how to save 10 percent,invest it,pretend its not there.I bought 20 copies of that booklet for a dollar apiece.I gave a copy to each of my three brothers.They all heeded the advice in that booklet.As a result they all ended up with more in life than they would have.What the booklet did not tell me was how to keep it.If you bought precious metals with your 10 percent you ended up very well.I could have bought coins but I preferred to find them with a metal detector.Also I did gold panning in oklahoma along the arkansas river.I also had thieves around me for many years.Back in the 1970s,1980s and 1990s people threw out a lot of gold in the trash so I could have saved 50 55 gallon drums of the stuff if I had had the foresight to do so.At .4 grams of gold per lb of the stuff and about 48 dollars per gram that would be about 20 dollars per lb.So 600 lbs x 50 barrels =30,000 lbs. So 30,000 lbs x.4g/lb =12000grams. And 12000grams x 20 dollars would bring you 240,000 in gold today.I ended up doing real estate instead.I never made it to millionaire status.But am retired now in St.Louis,mo.I try to save at least 100.00 a month now from S.S. and invest in dividend stocks.Not a lot of money at the moment but 10-15 years down the road it will be a nice little pile.And theres still a lot of gold in those rivers!In the USA.Even in missouire along the Iowa border.triffid

triffid

When I got serious with saving it was up to 15 percent.Now its nots so much but like you said pay yourself first!I used to tell people who told me they couldn't save any money to start at 2 percent.Then try to save more later.I had learned that people resist this piece of advice.
I was told one time that that's not biblical.Save 10% for the church is biblical.But saving 10% for yourself is just not in the bible!So I ended telling people to do both!Nothing wrong with doing both!triffid