Justin Buist

I mentioned in a recent post that I was wrong for not listening to former guest blogger MetallicSurfer about housing prices coming down when I first started looking about 9 months ago. I figured he might be right, but didn’t really take it to heart. Procrastination seems to have paid off this time.

Personal anecdotal evidence gained recently has shown that he was indeed correct not only about housing prices but also in ammunition prices.

Well, today via the Druge Report I see this: US house price fall steepest since 1970.

He wasnt right — he was DAMNED right!

With that said, based on other information and ideas I gained from MetallicSurfer some time ago I would like to make this suggestion: If you have a large amount of money stashed away in US Dollars get it into something else. Preferably someting that you can actually touch. Gold and silver aren’t a bad idea.

You’ll see reports that the price of gold and silver are going up but they’re not. You’ll also see indicators showing that the Euro and even the Canadian dollar are going up in value but they’re not: The US dollar is going down. It’s the very same reason the ammunition and oil/gas prices appear to be going up. The US dollar is losing value on the world market.

If buying up gold and silver sound like extreme measure then I’d consider buying Euros. Why not? It’s liquid — and it’s going up when compared to the US dollar.

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As a follow-up to the last post let’s take a look at the ACLU’s take on the MCA. Abject_Disappointment suggested I do so, and it was worthwhile. Here’s their list of items that should have been added to the MCA:

• the President will have no authority to authorize any of the acts prohibited by Common Article 3 of the Geneva Conventions and the Army Field Manual on Interrogations, which reinforces the Common Article 3 prohibitions;
• the courts are not stripped of their historical and constitutional role as a check on the Executive Branch, in ensuring that the protections of the Constitution and Common Article 3 of the Geneva Conventions are enforced;
• government officials who authorized or ordered illegal acts of torture and abuse will not receive retroactive immunity;
• no one can be convicted on the basis of evidence that was literally beaten out of a witness or obtained through other abuse by either the federal government or by countries such as Syria, Jordan, or Egypt that tortured and abused persons sent to them by the federal government;
• at minimum, those acts which violate the McCain anti-torture amendment remain criminal acts under the War Crimes Act.

I can’t argue with adding in those protections.

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