I came across this post on The Business Insider. Apparently, smarter folks than I are giving some of the same warnings I did in my post here.

MarketWatch has rounded up a few of the more pessimistic preditions about 2010.

A lot recommend buying farmland. Here are the gloomiest:

Former IMF chief economist Simon Johnson warns:

“We’re running out of time … to prevent a true depression.” He says unless we break Wall Street’s “stranglehold” we will be unable prevent the Great Depression 2.

Morgan Stanley research guru turned hedge fund manager Barton Biggs (pictured), who called the market rally, advises that you buy a farm a good distance away from a city and, he advises, make sure that your doomsday safe-haven:

* Be self-sufficient and capable of growing some kind of food

* Be well-stocked with seed, fertilizer, canned food, wine, medicine, clothes, etc

And get a gun, he says, because “a few rounds over the approaching brigands' heads would probably be a compelling persuader that there are easier farms to pillage.”

Mark “Gloom Boom Doom” Faber also recommends buying farmland. Our society has peaked and is on the decline, he says:

“Once a society becomes successful it becomes arrogant, righteous, overconfident, corrupt, and decadent … overspends … costly wars … wealth inequity and social tensions increase; and society enters a secular decline.”

via Barton Biggs: Stock A Safe Haven With Food And Firearms To Protect Against Pillagers.

Happy New Year to all that happen to dwell upon these pages.

Hopefully, 2010 will go down in history as the year American’s began taking back their liberty. There are some good, liberty loving folks running for office like Rand Paul in Kentucky and Peter Schiff in Connecticut. With a big win by these guys, we can send a signal to Washington that the people are taking their liberty back.

Hopefully, we can all keep up the momentum this year. Have a great year everyone!

The WSJ’s token liberal comments on how to save the news papers.

This is a terrible time for newspapers, but the solutions suggested over the last year by the deep thinkers of the floundering industry give one little hope.

Back in September, the ombudsman of the Washington Post, Andrew Alexander, lamented his paper's failure to keep up with conservative outlets after they described footage showing Acorn employees apparently advising people how to evade the law. The Post's slowness on the story, Mr. Alexander wrote, raised the possibility that the paper didn't “pay sufficient attention to conservative media or viewpoints.”

Continuing the next day on the newspaper's Web site, he decided that the blame for this unhappy situation lay with the newspaper industry's workforce, which is apparently made up of the wrong kind of people. According to “surveys,” Mr. Alexander wrote, “newsrooms . . . are more liberal than the population.” Newspapers might mean well, but they are handicapped by their monocultural politics. The obvious answer is to hire for political diversity.

via Thomas Frank: Newsrooms Don’t Need More Conservatives – WSJ.com.

Sorry, for making you read that piece of the article. It’s completely a completely useless article. He basically said the problem isn’t lack of conservatives, and that having more conservatives wouldn’t have changed anything in regards to the media malpractice with the Iraq war lead up and the mortgage meltdown. He is probably right about that, but what difference does it make.  Newspapers don’t need saved. Here was my comment on the piece.

Who says we need to save the newspapers? If no one wants to buy the newspapers, it’s because the value they offer doesn’t justify their price. Should we talk about how to save heiroglyphics? No, times change, and the way people get their news is changing. The mainstream media has been exposed for it’s corruption, and society is now bypassing them. Why should I read about the economy from someone who majored in journalism, when I can read an economist’s blog? Why should I read about war from someone who majored in journalism or polysci, when I can read the blog of someone who spent years in intelligence and the military? The list goes on and on; health care, finance, sports, etc. Blogs and the internet in general provide better news via direct sources. There is no reason to have your information filtered through journalists, and thus no reason to save the newspapers.