Add this Page to Facebook!   Submit to Twitter   Submit to Reddit   Submit to Stumble Upon   Pin It!   Fark It!   Tell A Friend  
Printer Friendly Page Save As Favorite Save As Favorite View Article Stats
8 comments

Exclusive to OpEdNews:
OpEdNews Op Eds

Three Rules for Living through the Second Depression

By (about the author)     Permalink       (Page 1 of 3 pages)
Related Topic(s): ; ; ; ; ; ; ; ; ; ; (more...) ; ; ; ; ; , Add Tags  (less...) Add to My Group(s)

Must Read 4   Well Said 3   Valuable 3  
View Ratings | Rate It


Become a Fan
  (34 fans)

opednews.com

I believe we are on the precipice of the Second Depression. Though President Obama is working valiantly to turn the country's financial ship, it appears to me that due to the lack of a genuine economic engine to create sufficient, sustaining, value-adding jobs, change will come too late. What should the common man do?

Much of the advice on how to live through such hard times is often too specific, not specific enough or draconian. How many of us are ready or should even consider survivalist methods? Who among us can afford to completely restructure their finances on a moments notice? Which of us can effectively plan now for the unforeseen severity we may or may not face?

I have often found that everything in life can be boiled down to Three Rules that pretty much envelop the whole enchilada. I call these simple statements of essential truth a "Three Rules" poem. They can be fun, amusing, thoughtful, whimsical, etcetera. This one, presented for your approval and commentary, is dead serious.

Properly deduced, by sorting through the minutiae to find the lowest common denominator, a given Three Rules won't tell you exactly what to do, but they should provide the framework for recognizing actions to a successful conclusion.

Here are my...

Three Rules for Living through the Second Depression

1. Escape and avoid entanglements with scams and the authorities.

2. Stick together to defend each others right to food and shelter.

3. Make yourself useful.

Allow me to elucidate on each of the above.

Escape and avoid entanglements with scams and the authorities.

Debatable as it may seem now, this rule will become imperative. As the situation grows grimmer, more and more people and organization will devise ever more devious ways to steal the resources they want from those that can be conned or exploited.

As we have seen, much of what is called our financial system is nothing more than a cabal of greed that has worked diligently to sanction rules that effectively fleeced workers of their deserved earnings.

Look at any list of what to do during a financial crisis and you will find suggestions as to the preservation of your hard earned capital, should you have any, or a suggestion that you get out of debt. Good ideas, but they do not go far enough or wide enough to give anyone practical guidance and doable tasks.

First, let's go wide. This rule includes all powerful or legally protected organizations that promise more than they can ever deliver. Here are examples that deserve skeptical analysis: unsecured debt of all kinds, especially credit cards with numerous fees, charges, penalties and usury interest rates; work at home scams; costly education with no job certainty; fortune tellers and spiritualists of all varieties; full commission sales positions with no base salary; internet scams; credit counseling; insurance; job counselors, resume services and business consultants; barter brokers; pyramid schemes and other versions of musical chairs; speed, DWI and other police traps to snare high fines and surcharges; etcetera.

If you haven't already noticed, the police are out in force and quick to pull the ticket book trigger. Here in New Jersey, though the civil and criminal courts were subject to cost-cutting furlough days, no such thing happened in the money making municipal courts. Basically, now is not the time to get caught being late with payments or cheating on taxes, nor the moment to get on any bureaucrat's building code violations clipboard. As the tax & budget shortfalls grow, expect to be hunted down for the most insignificant violation of any law, code or tax regulation.

The authorities will continue to work diligently to create money-raising traps disguised as public service. Be careful out there! That you've done nothing wrong, nor hurt anyone, may not matter. If caught in any such snare, don't exacerbate the situation, minimize the damage.

Next Page  1  |  2  |  3

 

Chaz Valenza is writer and small business owner in New Jersey. He earned his MBA from New York University's Stern School of Business. His current feature film project is "Single Point Failure" an insider's account of how the Reagan Administration (more...)
 
Add this Page to Facebook!   Submit to Twitter   Submit to Reddit   Submit to Stumble Upon   Pin It!   Fark It!   Tell A Friend
The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Follow Me on Twitter

Contact Author Contact Editor View Authors' Articles

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

America's 14 Most Ready to Riot Cities

It's Official: Gov Stats Shows the Middle Class is Dead

Top Ten Twitter "so I pepper sprayed him" Jokes

Occupy Wall Street: Day 9 - 200+ Arrested - MSM Finally Wake-up

Three Rules for Living through the Second Depression

Occupy Wall Street Day 8: 100+ Arrested for Peaceful, Legal Protest; Nets & Pepper Spray Used.

Comments

The time limit for entering new comments on this article has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
5 people are discussing this page, with 8 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)

 I think that you have effectively pinpointed t... by Raphael Sidelman on Wednesday, Jul 8, 2009 at 10:53:05 AM
Raphael, I look forward to reading your work. Than... by Chaz Valenza on Wednesday, Jul 8, 2009 at 1:19:40 PM
 I just went to your blog - great stuff, keep on ... by Raphael Sidelman on Wednesday, Jul 8, 2009 at 3:58:39 PM
       Chaz, I went to your website and read... by mary sunshine on Thursday, Jul 9, 2009 at 3:43:35 AM
I knew that someone would suggest a Rule 4, it's j... by Chaz Valenza on Thursday, Jul 9, 2009 at 7:23:23 AM
Obama and Congress just doubled the debt (treasury... by gail combs on Friday, Jul 10, 2009 at 4:37:27 PM
When this great depression you predict happens, th... by Scott Lemoine on Monday, Jul 13, 2009 at 1:21:17 PM
Google "heirloom seeds" if you want good seeds. I ... by Scott Lemoine on Monday, Jul 13, 2009 at 1:40:48 PM