Preparing for the worst

I did something that I have never done before…

I bought survival food!

In 1994, I lived in Northridge, CA. I was at the epicenter of the Northridge earthquake. But, since there was no advanced warning, I had not made any special preparations.

When the quake struck, I was pretty much on my own. As bad as that was, I could still drive a half hour further and get everything I needed

I never bought into  the Y2000 computer “crisis”. However, there were enough of my friends and peers that were completely convinced that we were heading into a national emergency that I thought I should at least prepare a little in case I was wrong. So, we bought a few extra cans of food, about 15 gallons of water and put them in the garage.

The new millenium started with no fireworks at all.

So, why am I buying survival food now?

In my view, we have elected a bunch of madmen to decide our national fate. It appears that our current political leaders are determined to drive our nation into bankruptcy. As a nation, our credit cards are all maxed out and they keep on spending.

The Federal Reserve responds by creating “money” out of thin air. The U.S. dollar drops in value nearly every day. What if it becomes worthless?It has happened before.

In addition to Congress’s spending, they insist on passing bills that will completely transform America as we know it: Cap and Trade, Health Care reform, Climate Change will all dramatically raise costs on business and individuals. If they are enacted, it will be tougher to do business in the U.S. That means that the recession might get worse. What will I do if I lose my job?

40% of the world’s oil flows through the Straights of Hormuz. What if Iran continues on its crazy path and mines that narrow gateway? What would happen to oil prices? Would it interrupt the delivery of food to our grocery stores?

What if China decides to stop buying our debt?

I don’t know the answers to any of these questions. I just decided that it is better to prepare this time.

My wife wasn’t wild about the idea either. So I told her that if none of the various terrible scenarios actually occurs, we can look at it like money spent on a life insurance policy.

Thank God we didn’t need it.

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