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Every week I will be posting new articles, pics, and videos on whats going on in our economy and the ever changing world around us. Along with my personal commentary and tips on what you can do to prepare for the economic fallout that is quickly approaching. God Bless!

Disclaimer: This blog is provided for informational purposes only and does not constitute an recommendation or offer to purchase any security, investment product, or service of Criner Investments, LLC or it’s affiliates. Criner Investments is invested in physical Gold, Silver, mining companies, and precious metal based ETF's.

Thursday, January 12, 2012

Some quick thoughts on the federal government, and a free market economy

So obviously abolishing the EPA, and federal regulation would not be an overnight fix. The whole idea for a free market to operate, is that it will eventually regulate itself. As an example, in a free market without lobbyists, companies would be required to uphold stricter guidelines without being able to buy out of or around issues. Then if something bad happens(like a BP type accident) they would be held fully accountable, and have the risk of actually going bankrupt. So now it is in the companies best interest to absolutely make sure your emergency close-off valves(or whatever the case may be) are in working order. Rather than just not giving a damn, and knowing that your political ties can spin the whole ordeal, and partially/fully bail you out. But when you read deeply into the federal government's individual departments, you find extreme levels of corruption and a serious lack of over-sight. Truth is there is no accountability at the federal level. And when it comes up that some large level of corruption is exposed, there is mass cover-up instead of it being corrected, and the proper persons being held accountable and fired.(Recent examples of MF Global, and Solyndra) 


"Fooling some of the people all of the time", written by David Einhorn is an amazing book and a perfect example of this. The level of corruption just from 2001-2008 in the SEC and the SBA will make you sick. Especially at the great lengths they go to cover things up, just because they are up to their eyeballs in their own shit. The DOE is a joke, and its biggest role is indoctrinating the American people, and controlling what and how our kids learn. There is no other reason to have some of the world best schools, and smartest graduates, yet have our school system rated in the high twenties out of the entire developed world. It is in the constitution that the federal government should not have this much power, because there is no level above that to regulate it. It is supposed to be like a court system, where the judge is like the federal government, it is supposed to enforce the law when the states get out of hand, or overstep their jurisdiction. And uphold the constitution, that's it. And the states act as the lawyers, who write new laws and regulations specific to what is best for their state. The states with the best regulations and laws will get the largest inflow of citizens and businesses, and the ones with shitty regulation will get the largest outflows. So it will bring about competition, which again ends up as self regulation. But right now, the federal government has its tentacles so deeply entrenched everywhere you go, it is a stranglehold on our progress as a society. And that stranglehold gets tighter as it feels like it is loosing control. That is a very scary place to be.


Right now I am heavily invested in precious metals, fire-arms, and long-term food storage. Commodities, guns, and agriculture are the highest performing assets at this time, when that ship changes course I will be right there along with it. But the the best thing you can do right now is invest time and resources into your community. We will have to rebuild at the local level, so the sooner all your neighbors are on board, the easier the re-building process will be IMO.

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