[TheRealThing]

TRT, the fiscal cliff you speak of will be devasting. We're approaching it rapidly and Obama refuses to negotiate. He's holding the military hostage, and playing class warfare. He will allow both devastaing cuts to the military that keeps up free, and massive tax hikes on the lower and middle class.... if he can't 'win'. I wish we allowed recall elections for the president. If obama is in office on january 21st, and continues to support economic ruin.... He'd be out of office on Jan 22nd.

In your previous post you spoke of inflation like we've never seen before. I can speak to that issue from first hand experience. A number that goes hand in hand with inflation is interest rates. In March of 1980, the US inflation rate was 14.76%. Folks at that time, right here in Kentucky, who were living from pay check to pay check were losing their homes left and right. One reason was the variable interest rate they had bought their homes under. Folks watched in horror as their house payment, which may have been $350.00 dollars a month, rose steadily over the Carter years to somewhere around $600.00 dollars a month. Everything rose of course, natural gas, electricity rates, gasoline, groceries. The point is, as you mentioned, the inflation we face will be like nothing anyone presently alive has seen before. The dark economic days of the late 70's were scary to say the least. And believe me, if Ronald Reagan had not been elected, I would have been one of those that lost his home. Thankfully, Reagan reversed the trend and we enjoyed the economic boon of the last 3 decades. BTW, ask any democrat and you will find that it was Clinton that righted our economic ship of state, LOL. However, what is coming will make that time of economic depression which predated the Reagan Era, seem like the 'good old days'.

Add the nightmarish one-two punch of ObamaCare and over 16 trillion dollars of crushing national debt, to runaway inflation and you have true devastation. In that scenario, the going notion of folks expecting government to ride in on a white horse and save us will be laughable. There will be mass reposessions of things like vehicles, boats and rv's, and many will lose their homes. We will suddenly find ourselves destitute and vunerable to every kind of attack from cyber to civil. We will be nearly defenseless against what ever comes our way. And the thing that is unfathomable, is that accordng to polls this presidential race is a toss up.