Preparing for the Fiscal Cliff

This is another one of those boring posts where I’m not going to mention anything you can shoot your way out of. :-D

Are you preparing for the Fiscal Cliff? Tax increases and spending decreases, all done in a hatchet job of across the board cuts.  Probably the dumbest way we could possibly get our deficit under control.  Dumb, but still legitimately a method of lowering the deficit.

I run our family budget with an eye towards getting out of and staying out of debt.  The thought of our nation running up unsustainable levels of debt is really appalling. So, there is definitely a part of me that would love to see us go over “The Cliff” just to see some real, meaningful reduction in that national debt.

Then of course, there’s the other part of me. That part that is desperately trying to keep my little family fed and sheltered. I know what those tax increases would mean for our budget.

Here’s an estimate from an online source: I’ll only copy over the lowest income level, because I highly doubt we have many readers who make $100,000.  The right side of the table shows the tax rate and the projected dollar amount for the two filing statuses.

Income Level / Filing status Single Married
Filing Jointly
$50,000 $1,576 / 18%    $1,870 / 26%

Here’s where I found a nifty online Calculator:  http://www.paycheckcity.com/fiscalcliff/cliff.html

$2000, I know we need to plan on paying out at least that much more next year in taxes. Our bill might be less than that in reality, but I would rather plan for the worst and hope for the best. It’s doable, we paid more than that in medical expenses this year. Doable, but not fun, and definitely not something I want to put off until I file our taxes in February.

So, hubby and I are making preparations.

We’re putting more in savings. We always put some each month in savings, but I’ve doubled that in preparation for the fiscal cliff.  Some of that is still a cash-on-hand savings, but I haven’t changed that percentage.  I don’t foresee a banking implosion with the financial cliff, so I’m not too worried about keeping most of our savings in the bank.

We’re trying to get a few more of the bills totally paid off. We’re really close on some of them, and while it is a bit of a juggle to save and pay down debt, I think we’re managing it.  We’re on track to have a couple of them paid off by the end of February.

I’m not anticipating a loss in income. We’re already operating on only one income, and my industry is not likely to be hit hard by any aspect of the fiscal cliff. I try not to be overly cocky about it, but we’ve got more work than we can do and we’re hiring at a fast clip. Not the right environment for pink slips. This of course is a blessing. There are many folks who do work in one of the industries that are on the line for big cuts should sequestration or across-the-board cuts get implemented.  If you’re one of those folks, I suggest you tighten your belt immediately, if not before.

If you haven’t implemented mitigation strategies like a food garden, second job and debt elimination, those would all be good places to start before you find yourself hungry and destitute with a large bill from Uncle Sam.

Anyone else prepping for the financial Armageddon?  Did I miss any aspects?

-Calamity Jane

48 comments… add one
  • Tim November 27, 2012, 9:11 am

    “Did I miss any aspects?”

    If you’re in a mortgage and haven’t refinanced within the last 10 years, you should seriously consider doing so now.
    We recently went from 5.75% to 3.75% fixed apr, dropping our payment by ~$800/month, which freed-up all that money to pay-of higher-interest debt.

    Reply
  • Ray November 27, 2012, 9:49 am

    Jane, D.C. is just trying to manage the crash. They can’t,They’ll try anyway and make our lives hell in the meantime. The crash started in ’08 and it realy is just now picking up speed. There is NOTHING anyone can do to stop this , or even slow it down. The US is AT LEAST 222-300 TRILLION dolars in debt. Our nation is insolvent. The gold is long gone, used to pay for 125 years worth of war toys, and over 70 years of non-stop war. Next comes scapegoats, “Kulacks”, “Jews”, “counter-revolutionarys”, SOMEONE ,the masses can blame the hunger on . Someone NOT government. Then it gets ugly. I don’t worry about higher taxes. I worry about deathcamps(even if they don’t start that way it’s how they’ll end) and starving people trying to snach my kid for food. This is’nt some far off Si FI future, this is near term, and its gonna get much, much worse. Its far too many people who have NO idea how to feed themselves when the EBT handout stops. People who will kill for a pair of sneakers. What Y’all think they are gonna do when the food runs out and there is nothing left to steal? Fiscal cliff? Nope! more like time and the cover up are about to run out at the same time. What we are seeing is TEOTWAWKI cranking up to speed. Everything else (Obamacare, NDAA, patriot act,FEMA, the Fiscal cliff) are just management tools. An attemt to maintain power and control as human civilazation dies. This is gonna take us out a whole new door.

    Reply
    • Jason November 27, 2012, 9:36 pm

      Ain’t gonna happen. The very worst case is something equal to the 1930’s Depression – even then that’s a huge stretch.

      There are so many fail safes, out of the box solutions & alternate plans that you are not aware of. The banks have been working on this since 2004 & probably earlier because they had a model with which to work from, from the late 80’s when the S & L’s were completely got wiped out.

      They amassed so much money from the early 90’s that it is ridiculous in the amounts they gained. Right now the Federal Reserve a privately held entity, holds the largest amount of IOU’s for the US government.

      Did you know that the big banks did not need the bailout money?I know they are piloting new programs to mitigate loss, like they did with the loan modifications. A very good friend has developed one of their programs to pilot.

      As stated, there is so much the public does not know & there is NO short or long term profit in a collapse otherwise it would happen.

      You need to understand who really runs things & they are 20-30 years ahead in planning, minimum. The idea is like a giant chess game to get us all scared other things can take place. Read The Creature of Jekyll Island, it well documents the set up of things which started back in the early 1900’s.

      BTW, if there was a crash, it would be the end of the world because the anarchy that would reign would last many decades & nobody would be safe – especially the rich.

      Reply
      • D'ja'c November 28, 2012, 6:34 am

        So don’t worry TPTB are in charge, they won’t let anything bad happen (at least nothing bad for them). They (you know, “them”) are much smarter than us. If we all die who will take out the trash, unplug the toilet, fix their cars, build their houses….?

        Reply
        • Jason November 28, 2012, 9:20 am

          D’ja’c it is that simple – TPTB ARE in control & there is nothing to worry about because there is nothing you can do about that fact so, go about your day & life.

          Reply
    • ThatguyinCA November 27, 2012, 10:48 pm

      Wow. Speechless on this one. But hey, as long as you’re prepped for your scenario then good for you. Your scenario in my opinion is not very likely but if it’s what’s you believe, then prep for it. Just don’t be one of the preppers that is looking forward to it like kids look forward to Christmas (there are plenty of these types of preppers out there). You need to stop and ask yourself, how likely is this event? What is the worst case scenario? and finally; what is the most likely scenario based on similar tragedies. Deathcamps? Snatch my kid for food? Speechless . . . .

      Reply
      • Jason November 28, 2012, 3:37 am

        Speechless? Of course you are – so often people want to think in such simplistic terms or want to believe something so badly they actually begin to see it. Do you have any idea what it would take for this economy to fail? The whole world is going to stand by & watch it go down …. yea, right.

        Think about it – America is THE largest economy in the world. If the US goes down the whole world goes down, no question. If that were to happen, no amount of prepping will save you or anybody. So you have 6 months worth of food & a thousand rounds of ammo – then what? Really, what are you going to do? As stated above, the anarchy would be well beyond imagination.

        The yoyo above says we are 220-300 trillion in debt – that is something to be speechless about – the complete absurdity of that bald faced lie.

        The prepper community has talked about TEOTWAWKI since 2007 like it was happening a week from Tuesday again & again. Do yourself a favor, broaden your scope & read a bit more, follow trends & look around without the filters – you may see something different.

        Reply
        • Ray November 28, 2012, 9:24 am

          Realy ? Name calling? Childish way to say that you are to fear driven to even think about what will happen once the EBT cards run out and the great dieing starts. The stone cold fact is that America is insolvent. Flat broke. The worlds greatest economy? Mabe 40 years ago when we still had real jobs. Unless you are federal propagandist, or trolls, maybe you should read more and listen to Rush less. Anarchy beyond imagining? FYI the 200-300 TRILLION dollar “bald face lie” is from the US GOVERNMENT, in fact from the C.B.O. (look it up) Its probably MUCH more than that, as the US has never tryed to pay down the debt in any way. So do you think that the EBT cards will just majicly make food? Or that starving people who kill for shoes or gum will just starve in peace? Do you think that people with NO moral, ethical, or scocial center, of any kind, will pause for one second before they eat you? All that name calling and trolling do is tell me that you are allready one of the walking dead. Saying,”it can never happen” is WHY Adolf Hittler ,Stalin, Mao ,Pol Pot, and yes Obama arose to power. We grew up in the “golden age of mankind” . That time is ending . Screaming NO NO NO and hurling your dung like a frightened monkey ,will do you no more good than watching Glen Beck. Or calling me names.

          Reply
          • ThatguyinCA November 28, 2012, 12:25 pm

            Ok. Our government is broke. So you are saying we will be an Argentina? Even Argentina isn’t that bad. (or Ethopia, where millions have died due to starvation).
            Adolf Hitler, Stalin, Mao, Pol Pot . . . . Obama. Are you for real? Such a resemblance. Oh yeah, right, I need to take my blinders off and “see.”
            This is why most preppers have a hard time talking to people about it, because most people think we are all like that. Some of what you say is fine but in other spots the stretches are so far they almost break the rubber band.
            Hey, you can believe what you want to believe and prep for what you want to prep for, it’s your right. And I support your right to your opinion. Nor would I name call you. Just because I think it’s absurd doesn’t mean that it is, I know that. But at the same time, you need to challenge your beliefs a little bit. Just because something is possible does not make it even close to being probable. Physically, it is possible for me walk through walls as the solid parts of me and the wall make up only a fraction of our total mass. However, I don’t think I’ll EVER walk through a wall no matter how hard I try.
            All I’m saying is don’t let your paranoia consume you. Stay engaged in your community because as much as you might like to think, you won’t make it on your own. We all need someone to watch our back.
            When it comes to government, they will not disappear, whatever preps you have I promise the government has it times a billion (a stretch but you understand the concept). So stay engaged to stop Obama from becoming that evil you assume him to be. Because I promise you, you won’t be able to fight the government off.
            On a final note, look around. The only scapegoats out there right now is the government. The rich blame the poor and the poor blame the rich but even both of them agree, the political process and the political “machine” are the biggest problems.

  • Sebastion T. November 27, 2012, 10:02 am

    Germany just tried to get their gold out of US vaults – and were refused. That tells me most of the gold the US supposedly has is probably tungsten instead. And that means a banking implosion and hyperinflation are at the door.

    Reply
    • ThatguyinCA November 27, 2012, 11:06 pm

      An audit is currently underway (although small, limited and non -independent). Will be interesting to see what the “findings” are.

      Reply
  • Yoda November 27, 2012, 11:40 am

    Informative and timely Calamity:

    The American public hasn’t felt the crunch yet but the combination of events during the first quarter next year virtuallly guarantees that they will.

    Be aware and prepare!

    Right on Calamity -WRITE ON

    “US government attack on America’s working and middle-class lifestyle”

    http://www.magnifiedview.com

    Reply
  • GoneWithTheWind November 27, 2012, 11:41 am

    The problem pure and simple is we overspend and 95% of that overspending is on welfare and other give aways of our tax money. The problem cannot be fixed by tax increases. Worse, tax increases are likely to hurt the fragile economy and actually decrease tax revenues. The problem can only be fixed by reducing spending. My biggest problem with allowing us to go over the fiscal cliff is the cuts to defense. We live in a dangerous world and the only thing standing between us and a runaway war that can only end in nuclear war is the presence of U.S. military power. Like it or hate it we must continue to present a strong defense to keep the peace (such as it is). The world will not survive WW III it has to be prevented. When the politicians placed drastic cuts in defense into the extension of the Bush tax cuts it was intended to be a “poison pill”. The intent was that it would force congress to take the steps to reform the system rather then let the fiscal cliff destroy the military. We cannot swallow that poison pill…

    Reply
    • Ray November 27, 2012, 12:46 pm

      Gone- Even if the US government stoped all spending today, EVEYTHING military, domestic ,welfare. If they disbanded the military,fired the goverment workers,emtyed the prisons,EVERYTHING. — NOT ONE DIME will they have . Nothing anyone can do or say can save the nation. NOTHING. We are at least 222-300 trillion dollars in debt. No one on earth can pay that off. It would take 2000 years. The US went bankrupt after vietnam,everything after has been a majic show. No “reform” can save us. Congress will do nothing-because it can’t-there is nothing to be done. The money is gone. They know it. The Republic is dead, the money wasted on endless wars ,bread and free houseing for the “poor”. Prevent WW-3! WHAT WITH? the military you remember went to the boneyard, worn out after almost 30 years of war and training, and no money to fix it The M-1 tanks, Bradlys ,Humm-v’s are all in depot storage- or the DRMO awaiting overseas sale. We have scraped half the airforce and navy, just in the last six years. But realy, we started scraping the military after the first gulf war 20 years ago. The government has no money to replace any of it , and in truth they don’t want to.

      Reply
      • ThatguyinCA November 28, 2012, 12:45 pm

        According to all the research I’ve done and you can verify just by going to the debt clock, total US government debt is a little more than $16 trillion. Current GDP is aprox $15 trillion. Current tax revenue is aprox $2.4 trillion.
        I think your number is coming from where we will be in 10 years if the status quo remains, which it won’t. No matter what Republicans do, taxes are going up. The tax cuts will expire no matter what. And the Republicans will really need to compromise if they intend to get any of them back (because they can’t do it without buy-in from the Democrats). I say Republicans because they are the most resistant to taxes going up (even though they should, along with cuts).

        That said, this is NOT some end of time scenario. It’s a big hill to climb but it’s not insurmountable. At worst we are talking a Great Depression/Argentina scenario.

        Reply
        • GoneWithTheWind November 28, 2012, 7:30 pm

          I agree that the likely or as you put it the worst scenario is a great depression. However I do not rule out an end time scenario. There are at least a half dozen countries in the world that would destroy us in a heartbeat IF they could pull it off. Russia has more nukes and conventional ground weapons then us (they have let their navy deteriorate). China has a massive military force and a growing navy. North Korea has a sizable and quite capable army with all the goodies that go with it. A great depression with a Liberal president and congress will inevitably result in a dramatic weakening of the military as they try to appease their base with “free stuff” by robbing the military budget. There is a point where those “enemy” nations would believe they could take us out. One massive multi-front attack to destroy our air, ground and navy forces as well as most of our nukes. Then they simple “absorb” our somewhat crippled retalliation and follow up with a ground invasion and/or additional softening up.

          But in my opinion it is even worse then that. Our president isn’t just “liberal” he is also anti-American. I question if many of the incredibly stupid things he has done since becoming president were not intentional to get us into this place where our choices are so limited and so bleak.

          Do not forget that the worldwide depression that began on black Tuesday in 1929 set the stage for WW II. No one in those early days of that terrible economic collapse expected a worldwide war that would kill between 50 and 90 million people.

          Reply
  • Odd Questioner November 27, 2012, 1:23 pm

    Best you can do?

    Set aside the money. At the $50k income bracket, that means setting aside $167/month (folks, that’s a car payment!) before any deductions.

    Do *not* try to jack down the deductions on your W2 (that is, increase the withholding), because you may not see any of that, and giving Uncle Sam a no-interest loan is not good sense, when you can use that money instead.

    Overall? I think they’ll likely weasel out some last-minute compromise that will spare most folks, but I wouldn’t bet on it.

    Reply
  • j.r. guerra in s. tx. November 27, 2012, 1:51 pm

    Would the proposed tax changes start in the 2012 or 2013 tax year ?

    What I don’t understand – wasn’t this Fiscal Cliff manufactured as a consequence of the ‘Supah Congress’ panel not resolving this earlier ? In other words – its made up. Who proposed this anyway – lets beat them! Just kidding – maybe. 8^)

    If thats the case, then why not break the promise of this action (nah – lets just not). Its not like keeping promises has been on a streak lately from our fearless leaders.

    Reply
    • ThatguyinCA November 28, 2012, 12:46 pm

      2013 tax year.

      Reply
      • j.r. guerra in s. tx. November 28, 2012, 1:33 pm

        Thanks – I HOPE that is the case, you never know if someone in admin will say, “Gosh, we REALLY need that money now, maybe we should . . . “. They have been talking about raiding the 401K and Roths for quite a while now, that is something else I think is on the horizon as well.

        Just good news all around . . .

        Reply
        • ThatguyinCA November 28, 2012, 3:03 pm

          Nope. Doesn’t work that way. Theoretically they could but they won’t. If it were a dictatorship, then yeah it could happen. But we aren’t a dictatorship and it would take both parties to agree to it and the Republicans would NEVER (nor would more than 90% of the Democrats).
          Going after 401K/Roths? Scare tactics. Won’t happen. Middle class is very disenfranchised. Both parties are avoiding pissing them off (which is why Republicans appear to be backing off their tax pledges and go along with upper income tax increases and are looking to close/cap loopholes they helped create). Besides, the government will get the 401K taxes in the future. For the Roth the input has already been taxed (it’s the gains that are tax free). They might stop allowing Roths (which I doubt) but pre-existing Roths will be grandfathered if they did. Retroactively changing the tax code is not where the government would go. It would be too much of a logistical nightmare for all parties involved (and political suicide).

          Reply
  • lee November 27, 2012, 4:09 pm

    yes, my dad tells me all the time to spend money(i have a pretty good job and career); but i wont; i dont know the exact amount of financial pain that will be inflicted on us for the next few years; but i know its not going to be fun.
    the tax raises and costs of everything going up is going to hit most people like a shovel to the face.

    if you haven’t you should prepare for at least $1,000 more in taxes, utility bills going up 10-25% as obama shuts down US coal and 10-25% greater grocery bills because of the 2012 drought.

    thats the minimum i’m planning for.

    Reply
    • irishdutchuncle November 27, 2012, 8:16 pm

      spending money on preps is saving.

      a paid for home for keeping all your preps, would be really good to have right now too.

      Reply
      • ThatguyinCA November 27, 2012, 11:22 pm

        Like your thinking Lee. Very likely scenario.

        Reply
  • wolverine6 November 27, 2012, 6:57 pm

    Calamity,

    My wife and I have been trying to work our way out of debt for a few years now. Thankfully I am in the emergency nursing field so I feel secure enough for now. However I have seen a drastic reduction in benefits and perks from our large facility in the last 2 years. Recently another local hospital laid off 950 employees just before thanksgiving. My wife has recently joined the ranks of the unemployeed for the first time since she was 15, due to a disability and we are searching for ways of alternative (legal) income. We haved considered ebaying, but would be thankful for any advice or ideas from everybody.

    Reply
    • lee November 28, 2012, 2:14 am

      can she type ??? then how about learning some programming language and doing that from home. i’m thinking javascript, php; stuff that can be done on the web. it might take some time to get in the door; but if youre deteremined, you can make it. research it. pleanty of people do that from home.

      Reply
      • JS November 30, 2012, 8:02 am

        If you’re an ER nurse, have you considered legal nurse consulting? A friend of mine gets about $35 an hour to do chart reviews in her jammies from home. Basicly, you’re giving your professional opinion as to whether standards of care were met in a particular case. A legal compnay that you work with will give you some basic training in the process and will review your first few cases.

        Of course, if you actually testify at court (an entirely seperate thing) you get paid a LOT more, and you may need additional formal training.

        But the basic chart reviews are pretty straightforward if you’re an experienced RN.

        Reply
  • gat31 November 27, 2012, 9:49 pm

    ok wolverine6 l know this may be a stretch, but l know a guy here who trolls craigslist for what they call “curb alert”. people are very wasteful and people move and leave stuff all the time. He goes and picks up the nicer items of furniture and then sells them in a yard sell about once a month. he makes 500 to 800 a month. You can always grow and sell plants as well. Do you have any yard space? You can grow veggies and sell them. l don’t know just some ideas.

    Reply
    • ThatguyinCA November 27, 2012, 11:29 pm

      I’ve done something similar. However, you have to factor in fuel cost for picking that stuff up. Plus you need a lot of storage space. $500 – $800 a month? I’m not saying that’s not possible but CERTAINLY don’t expect to make close to that. You’ve got to move quick to get the stuff because there are other people who do the same. Trust me. I know first hand. I’ve even bought stuff on craiglist and turned around and sold it for more on craigslist (no more than 10 times in a few years and never making more than $50).

      Reply
      • Jason November 28, 2012, 3:50 am

        Maybe you will find America on Craigslist for sale cheap. Buy it & turn it for a nice little profit to China or Korea. It’s just an economy of scales, right?

        I know, I know – speechless ….

        Reply
        • ThatguyinCA November 28, 2012, 12:55 pm

          Wow Jason. So hateful. The speechless comment was not at you but Ray (or did I read wrong and you were agreeing with Ray?). I don’t understand the vitriol here. Someone gave an idea. I added by giving my experience with that idea. And you subtract with sarcasm on a subject with which you obviously have no experience because your feelings were hurt by wrongly reading a previous comment. Add to the experience or troll elsewhere please.

          Reply
          • Jason November 28, 2012, 2:43 pm

            CA dude

            Please spare me with the pc hate speech – it takes A LOT more than blog words to hurt my feelings. Sarcastic humor was the intent of my Craigslist joke. Your ‘speechless’ comment was right below my, rather pointed remark to Ray so, I assumed you were commenting to me. It might help if you addressed the recipient in the beginning of your comment to avoid confusion or feelings being hurt ….

            All of this collapse of America talk makes me want to vomit sometimes. It would seem some actual revel in that idea but have no idea the real & deeply impactful the ramifications would be of that failure & if they did, they’d change their tune real fast.

            If America did fail, it would make the Great Depression look like a day at Disneyland with 72 virgins.

          • ThatguyinCA November 28, 2012, 3:28 pm

            My reply to Ray was after yours so it was underneath. Such as this one is. If it was a comment on yours it would be slightly indented to the right of your comment. The comment section is in an outline form (similar to our laws and codes). But I guess I can address the person going forward to help make things clear.
            Sarcasm? I understand sarcasm but in written form sarcasm requires an emoticon to be properly interpretted as sarcasm (no audio or visual cues to tip it off). Especially when prior posts include insults. Without an emoticon it just looks like you’re calling me a dumbass (which is your right, but I prefer just to be called a dumbass).
            It wasn’t PC hate speech, it’s called remaining calm and speaking correctly and avoiding unnecessary escalation.
            Now that is out of the way. I agree with your second paragraph for the most part. I think we actually think the same on the talking points but you were so heated that misunderstanding steamrolled.

  • D'ja'c November 28, 2012, 5:57 am

    Since the MSM is making a big deal out of this “cliff”. There must be something else worse that is being hid. We have to realize that our children and grandchildren are going to pay for worse and worse things. Have you ever been out of work and started paying bills and credit cards and taxes with other credit cards? I have. Then I cot more credit cards to pay them off. Took all my IRA’s early w/penalties and payed most of that and a truck loan. Then I cut up all the cards and slowly got completely (almost) out of debt. This fiscal cliff ends tax cuts and also cuts spending. It needs to be done. Even though it seems like a band aid on a missing limb. Like led zepplin said “hey woopie cat… Get in line”… For your EBT CARD!(BTW that is the new soup line). As for me and my house – I’m going Galt!

    Reply
    • D'ja'c November 28, 2012, 8:15 am

      IF… we lived in a capitalist republic then the system would have corrected itself long ago.

      Reply
    • irishdutchuncle November 28, 2012, 9:38 am

      soup is very nutritional,
      and easy to digest.

      Reply
  • Pineslayer November 28, 2012, 10:31 am

    The fiscal cliff debate is a dog and pony show. We have already gone over. The only reason things are still plodding along is cheap loans and the rest of the world is screwed too, so no one is going to call in the notes. Beans , bullets, band-aids, and socks! If you must invest in precious metals, make it lead and D2 tool steel, 1095 ain’t bad. When will the bottom fall out? Not until everyone learns the truth and panic sets in, here’s too ignorance for the masses. It will buy us a little more time to put up our preps.

    Reply
  • wolverine6 November 29, 2012, 5:20 pm

    Thanks to every one for the suggestions…the craigslist stuff sounds interesting….may look into programming and similar ideas as well. Thanks again

    Reply
  • Urbanmike November 29, 2012, 9:51 pm

    We might each have to face varying degrees of the fiscal cliff situation in very different ways. Accumulating cash would probably be a good start. Easier said than done these days, especially if the family thinks you’re nuts! I’m trying to squirrel way some cash here and there and selling some junk on craigslist as well.

    Reply
  • 43004 November 30, 2012, 1:42 am

    so if someone has a million dollars (cash on hand), will this be a big help to get over the fiscal cliff?

    Reply
    • irishdutchuncle November 30, 2012, 10:59 am

      yeh, if you are traveling light.
      a million buys lots of food and lodging today, if you’re not extravagant. if you’re living the lifestyle of “the rich and famous”, you’ll blow through it pretty quick. then what?

      if you were attached to “home” you’d need to set aside enough of that million to keep the property taxes paid. (which may be possible, depending on where home is) a paid for dwelling, in a low tax area, IMHO, is the best way to control your expenses. being a refugee really stinks. what will be worse is being an old, feeble refugee.

      Reply
      • irishdutchuncle November 30, 2012, 11:10 am

        …this also assumes that they will still be accepting dollars.

        Reply
        • irishdutchuncle November 30, 2012, 12:10 pm

          … this further assumes that you don’t lose it all to
          “civil forfeiture” abuse, because some envious person denounces you to the “authorities”.

          Reply
  • 43004 November 30, 2012, 1:44 am

    so if someone has a million dollar cash on hand, will this be a big help for them to get over the fiscal cliff?

    Reply
    • irishdutchuncle December 2, 2012, 7:34 pm

      No.

      Reply
  • diablo 3 gold December 3, 2012, 12:53 am

    actually been having to take these types of solutions for any tiny across 15 days right, luckily difference inside energy levels,I noticed the outcomes your weigth scope is altered, that fascinating! this skill solutions engage in improve me not receiving greedy.

    Reply
  • John Brown December 4, 2012, 3:31 pm

    It is not a fiscal cliff, it is a spiritual cliff, and the USA has jumped off without a parachute from God. A hard landing is coming.

    The one world government is coming, it can not be stopped, and unfortunately, the USA will probably be part of it now and most likely the cause of it.

    As much as I was able, I removed our money from stocks even though we were getting 10%+ return on them. I trust Obama to confiscate as much private wealth as possible along with our guns. If the USA falls by war, instead of by sucking the government teat, I would say it will start with race wars and most of the major black urban centers will become kill zones and burn eventually burn to the ground completely.

    When the USA starts to fall, rural areas if they have any brains will destroy infrastructure such as cable and cellphone towers to deny government forces the use of it to enslave them. There was a reason they had that improvement in the StimUwaste.

    Reply
  • John Brown December 4, 2012, 3:43 pm

    > What Y’all think they are gonna do when the food runs out and there is nothing left to steal?

    Kill you and eat you.

    I have told police and doctors don’t even think about coming to work 3 days if/after the economy crashes because that is about how long it will take for addicted drug users to go over the edge when they can’t get any more drugs. Same with alcoholics to a lesser degree. They always come after doctors in new commie governments, kill them, re-educate them, and make them poor. Police will be viewed as targets of opportunity with something worth stealing.

    This last generation born since 1948 has less morals and compassion then previous ones and will stop at nothing to get what they think they deserve and the locust will far outnumber the ants.

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