tag:blogger.com,1999:blog-3758330678390419129.post2155968369713374543..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: It's Okay for Mitt Romney and Jon Huntsman to Prepare for Disaster, But Not Ron PaulRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-3758330678390419129.post-34764715554847166992011-12-28T18:17:58.572-05:002011-12-28T18:17:58.572-05:00So when you prepare for disaster based on a priori...So when you prepare for disaster based on a priori economic theory you're insane, but if you prepare for disaster just to prepare for disaster you're sensible.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-57449918487367858902011-12-28T10:01:25.597-05:002011-12-28T10:01:25.597-05:00Ludwig von Mises said about the monetary system: &...Ludwig von Mises said about the monetary system: "The whole system is the acme of the short-run principle."<br /><br />So it should not be a surprise that any thinking beyond the immediate moment is looked upon with scorn. <br /><br />It doesn't matter if you're saving cash, gold, food, water....if you're saving *anything* you're apparently very strange.Chris Rossinihttps://www.blogger.com/profile/02986002946096496906noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-91778822854367866412011-12-28T09:47:28.817-05:002011-12-28T09:47:28.817-05:00Romney and Huntsman stockpile not because they bel...Romney and Huntsman stockpile not because they believe in economic collapse, necessarily, but because they are Mormons. Self-reliance is a tenet of their religion, which teaches that members should store no less than a 1 year supply of necessities. <br /><br />The reason? Periodic calamities of various stripe are predictable. The timing of these calamities is not.<br /><br />Full disclosure, Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-14489502493437747172011-12-28T09:46:57.878-05:002011-12-28T09:46:57.878-05:00What I don't understand about this is that eco...What I don't understand about this is that economic collapses happen ALL THE TIME. It even happened herein the 1930's and 1970's. How is it crazy to prepare for something that is going to happen?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-43258228000943486912011-12-28T09:41:17.642-05:002011-12-28T09:41:17.642-05:00Mormons are taught in church about self reliance a...Mormons are taught in church about self reliance and preparedness. Food storage is especially emphasized.<br /><br />Romney and Huntsman are not Austrians, so they don't understand the fundamentals of the economy, and why the collapse will happen. They simply are obeying advice from church leaders to get prepared.<br /><br />Definitely is hypocritical that Dr. Paul is crazy for preparing and Anonymousnoreply@blogger.com