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	<title>Comments on: So your bank account’s wiped out</title>
	<atom:link href="http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/feed/" rel="self" type="application/rss+xml" />
	<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/</link>
	<description>Canada&#039;s only national weekly current affairs magazine.</description>
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		<title>By: paul</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-3/#comment-152736</link>
		<dc:creator>paul</dc:creator>
		<pubDate>Fri, 19 Jun 2009 02:18:12 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-152736</guid>
		<description>I remember reading about something similar to EMP online a while back that&#039;s used to change weather patterns - I believe YouTube has videos of it .... it&#039;s time to sit up and pay attention folks... </description>
		<content:encoded><![CDATA[<p>I remember reading about something similar to EMP online a while back that&#039;s used to change weather patterns &#8211; I believe YouTube has videos of it &#8230;. it&#039;s time to sit up and pay attention folks&#8230;</p>
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		<title>By: Dave</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-3/#comment-152125</link>
		<dc:creator>Dave</dc:creator>
		<pubDate>Wed, 17 Jun 2009 21:28:25 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-152125</guid>
		<description>Folks - short of an EMP attack striking the entire globe simultaneously, electronics will reappear here as soon as a few people get their acts together and start shipping them back. It may be embarrassing and expensive to have to rely on the international community in that way, but our way of life would pop back up fairly quickly. 
 
Of course, our national debt is likely recorded in accounts held in other countries, so that won&#039;t get wiped out, either. </description>
		<content:encoded><![CDATA[<p>Folks &#8211; short of an EMP attack striking the entire globe simultaneously, electronics will reappear here as soon as a few people get their acts together and start shipping them back. It may be embarrassing and expensive to have to rely on the international community in that way, but our way of life would pop back up fairly quickly. </p>
<p>Of course, our national debt is likely recorded in accounts held in other countries, so that won&#039;t get wiped out, either.</p>
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		<title>By: Anne Wingate</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-3/#comment-151564</link>
		<dc:creator>Anne Wingate</dc:creator>
		<pubDate>Wed, 17 Jun 2009 00:08:47 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-151564</guid>
		<description>Dandelion flowers make excellent tea that doesn&#039;t need sugar to taste good, but I never tried to eat them. The leaves are good cooked or raw in salads when they&#039;re young sprouts, but after they&#039;ve bloomed they&#039;re inedible without eight changes of water while cooking, which would remove all the nutrition. The roots make a good coffee substitute. 
 
Okay, so that&#039;s not the point. But come the EMP maybe my neighbors will quit hating my dandelions. It&#039;s not MY fault I can&#039;t pick all the flowers before they go to seed. </description>
		<content:encoded><![CDATA[<p>Dandelion flowers make excellent tea that doesn&#039;t need sugar to taste good, but I never tried to eat them. The leaves are good cooked or raw in salads when they&#039;re young sprouts, but after they&#039;ve bloomed they&#039;re inedible without eight changes of water while cooking, which would remove all the nutrition. The roots make a good coffee substitute. </p>
<p>Okay, so that&#039;s not the point. But come the EMP maybe my neighbors will quit hating my dandelions. It&#039;s not MY fault I can&#039;t pick all the flowers before they go to seed.</p>
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		<title>By: Wakefield Tolbert</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-3/#comment-151495</link>
		<dc:creator>Wakefield Tolbert</dc:creator>
		<pubDate>Tue, 16 Jun 2009 21:11:48 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-151495</guid>
		<description>the EMP attack. 
 
&lt;i&gt;I&#8217;m not suggesting it&#8217;s the solution to all our problems. Just saying that, compared to the various other options for advanced democratic society, William Forstchen&#8217;s apocalyptic scenario may be one of those 1950s creature features where you wind up rooting for the creature.&lt;/i&gt; 
 
 
Well. It&#039;s the solution to quite a bit, then. 
 
 </description>
		<content:encoded><![CDATA[<p>the EMP attack. </p>
<p><i>I&rsquo;m not suggesting it&rsquo;s the solution to all our problems. Just saying that, compared to the various other options for advanced democratic society, William Forstchen&rsquo;s apocalyptic scenario may be one of those 1950s creature features where you wind up rooting for the creature.</i> </p>
<p>Well. It&#039;s the solution to quite a bit, then.</p>
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		<title>By: Wakefield Tolbert</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-1/#comment-151490</link>
		<dc:creator>Wakefield Tolbert</dc:creator>
		<pubDate>Tue, 16 Jun 2009 21:08:52 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-151490</guid>
		<description>Sorry, rules of the house. Since the 1940s, when the brilliant milkwater, semi-soft cheese socialism of FDR slapped wage hikes with a freeze, companies got into the habit of attracting workers in the bidding war of &quot;benefits packages.&quot; 
 
It&#039;s not about demonization. It&#039;s about calling for clarity from the largest company in the world now holding out a tin cup for Federal bailouts, forcing those of us who&#039;d not sooner step into a GM car than play cards with Satan and Stalin in hell to pay ANYHOW, and then have the unions and government pretend they can manage the tedious managerial whole ball of wax with government pretenders to the throne at the helm, all the while telling the serious investors they can actually go to hell. 
 
 </description>
		<content:encoded><![CDATA[<p>Sorry, rules of the house. Since the 1940s, when the brilliant milkwater, semi-soft cheese socialism of FDR slapped wage hikes with a freeze, companies got into the habit of attracting workers in the bidding war of &quot;benefits packages.&quot; </p>
<p>It&#039;s not about demonization. It&#039;s about calling for clarity from the largest company in the world now holding out a tin cup for Federal bailouts, forcing those of us who&#039;d not sooner step into a GM car than play cards with Satan and Stalin in hell to pay ANYHOW, and then have the unions and government pretend they can manage the tedious managerial whole ball of wax with government pretenders to the throne at the helm, all the while telling the serious investors they can actually go to hell.</p>
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		<title>By: Wakefield Tolbert</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-1/#comment-151488</link>
		<dc:creator>Wakefield Tolbert</dc:creator>
		<pubDate>Tue, 16 Jun 2009 21:08:31 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-151488</guid>
		<description>&lt;i&gt;Nobody denies that workers *cost* the company $70/hour. My point above is that Steyn said auto workers &quot;make&quot; $70/hour. Which implies that they are *paid* $70/hour. &lt;/i&gt; 
 
 
No--it&#039;s what my poor mama used to call &lt;i&gt;&lt;b&gt;&quot;Distinction without a Difference.&quot;&lt;/i&gt;&lt;/b&gt; 
 
If you benefit from it (and who in the hell would not), then for all practical purposes, you MAKE it. 
 
If you get cancer from Marlboro Lights and cost the company 200 grand, then you pull in more. 
 
 </description>
		<content:encoded><![CDATA[<p><i>Nobody denies that workers *cost* the company $70/hour. My point above is that Steyn said auto workers &quot;make&quot; $70/hour. Which implies that they are *paid* $70/hour. </i> </p>
<p>No&#8211;it&#039;s what my poor mama used to call <i><b>&quot;Distinction without a Difference.&quot;</b></i> </p>
<p>If you benefit from it (and who in the hell would not), then for all practical purposes, you MAKE it. </p>
<p>If you get cancer from Marlboro Lights and cost the company 200 grand, then you pull in more.</p>
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		<title>By: Wakefield Tolbert</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-1/#comment-151483</link>
		<dc:creator>Wakefield Tolbert</dc:creator>
		<pubDate>Tue, 16 Jun 2009 21:01:24 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-151483</guid>
		<description>You&#039;re right. 
 
Not much funny about a retirement home for Granny and the whole brood that makes cars on the side. Or, used to, in any case..... </description>
		<content:encoded><![CDATA[<p>You&#039;re right. </p>
<p>Not much funny about a retirement home for Granny and the whole brood that makes cars on the side. Or, used to, in any case&#8230;..</p>
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		<title>By: Wakefield Tolbert</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-1/#comment-151482</link>
		<dc:creator>Wakefield Tolbert</dc:creator>
		<pubDate>Tue, 16 Jun 2009 20:59:58 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-151482</guid>
		<description>I&#039;m guessing this folly of the Market Madness and Ayn Randian styled &quot;unfettered&quot; capitalism--among other untested mythology that the quotidian masses think are as true as &quot;reality TV&quot;, is why the US, after perhaps Japan (at last look) still has the world&#039;s highest corporate tax rates? 
 
The mixed economy is just that, and with all the predictible results to boot. </description>
		<content:encoded><![CDATA[<p>I&#039;m guessing this folly of the Market Madness and Ayn Randian styled &quot;unfettered&quot; capitalism&#8211;among other untested mythology that the quotidian masses think are as true as &quot;reality TV&quot;, is why the US, after perhaps Japan (at last look) still has the world&#039;s highest corporate tax rates? </p>
<p>The mixed economy is just that, and with all the predictible results to boot.</p>
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		<title>By: Wakefield Tolbert</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-2/#comment-151478</link>
		<dc:creator>Wakefield Tolbert</dc:creator>
		<pubDate>Tue, 16 Jun 2009 20:56:33 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-151478</guid>
		<description>Oh.....good snipe! 
 
But. 
 
Oxycontin is the least of anyone&#039;s problems these days.... </description>
		<content:encoded><![CDATA[<p>Oh&#8230;..good snipe! </p>
<p>But. </p>
<p>Oxycontin is the least of anyone&#039;s problems these days&#8230;.</p>
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		<title>By: Wakefield Tolbert</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-1/#comment-151475</link>
		<dc:creator>Wakefield Tolbert</dc:creator>
		<pubDate>Tue, 16 Jun 2009 20:54:56 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-151475</guid>
		<description> 
 
And now back to the problem du jour. 
 
If GM is plunking down more on health costs than steel for most of her plants, and we have everything from Me-maw&#039;s eye injections to stop glaucoma (for a while) and 17 MILLION dollars a year providing the magic blue wonder pill that makes the old coots harder than a scratchpost in their Golden Oldie retirement years (yet another reason you can &quot;Bankrupt the USA in yer Chev-RO-LET!&quot;), then I&#039;d say we got some problems here. 
 
So..... while 70 bucks an hour is not what shows on the paycheck on Friday after noon before hittin&#039; Delaney&#039;s, you can be sure the figure is accurate for the whole cost that gets passed onto the price of the next lemon on wheels. 
 
GM is a retirement home that now makes cars as a side gig. 
 
And you can take THAT to the bank, even if not precisely 70 bucks an hour. </description>
		<content:encoded><![CDATA[<p>And now back to the problem du jour. </p>
<p>If GM is plunking down more on health costs than steel for most of her plants, and we have everything from Me-maw&#039;s eye injections to stop glaucoma (for a while) and 17 MILLION dollars a year providing the magic blue wonder pill that makes the old coots harder than a scratchpost in their Golden Oldie retirement years (yet another reason you can &quot;Bankrupt the USA in yer Chev-RO-LET!&quot;), then I&#039;d say we got some problems here. </p>
<p>So&#8230;.. while 70 bucks an hour is not what shows on the paycheck on Friday after noon before hittin&#039; Delaney&#039;s, you can be sure the figure is accurate for the whole cost that gets passed onto the price of the next lemon on wheels. </p>
<p>GM is a retirement home that now makes cars as a side gig. </p>
<p>And you can take THAT to the bank, even if not precisely 70 bucks an hour.</p>
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		<title>By: Wakefield Tolbert</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-1/#comment-151476</link>
		<dc:creator>Wakefield Tolbert</dc:creator>
		<pubDate>Tue, 16 Jun 2009 20:54:15 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-151476</guid>
		<description>TJCook, 
 
Compensation is an entire package. If it costs the employer to do X (whatever benefit or goodybag X might be or entail), then it IS counted as compensation, and salary.   
 
When I worked for a large telecom bloodsucking company in another life, it mattered that the birth of all three children cost me and the wife a grand total of 30 bucks.  That&#039;s it.   
 
It mattered not, however, that it was payment &quot;in kind&quot; as they say, for a rather sumptious heath plan that COST the company about 1200 per month.   Did I have the dollar bills in hand? NO. 
 
Was this a golden moment nontheless? 
 
You bet. 
 </description>
		<content:encoded><![CDATA[<p>TJCook, </p>
<p>Compensation is an entire package. If it costs the employer to do X (whatever benefit or goodybag X might be or entail), then it IS counted as compensation, and salary.   </p>
<p>When I worked for a large telecom bloodsucking company in another life, it mattered that the birth of all three children cost me and the wife a grand total of 30 bucks.  That&#039;s it.   </p>
<p>It mattered not, however, that it was payment &quot;in kind&quot; as they say, for a rather sumptious heath plan that COST the company about 1200 per month.   Did I have the dollar bills in hand? NO. </p>
<p>Was this a golden moment nontheless? </p>
<p>You bet.</p>
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		<title>By: hickory</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-1/#comment-150187</link>
		<dc:creator>hickory</dc:creator>
		<pubDate>Sun, 14 Jun 2009 20:00:56 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-150187</guid>
		<description>GM&#039;s cost per hour per worker is 70$ per hour, Toyotas is $45; in a pure business world which is going to survive?  the problem with GM is it allowed the UAW to make demands of it like it was the federal government.  All kinds of things that more closely resenble a social welfare agency than a business corporation. And hey! guess what? </description>
		<content:encoded><![CDATA[<p>GM&#039;s cost per hour per worker is 70$ per hour, Toyotas is $45; in a pure business world which is going to survive?  the problem with GM is it allowed the UAW to make demands of it like it was the federal government.  All kinds of things that more closely resenble a social welfare agency than a business corporation. And hey! guess what?</p>
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		<title>By: Hickory</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-1/#comment-150185</link>
		<dc:creator>Hickory</dc:creator>
		<pubDate>Sun, 14 Jun 2009 19:54:40 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-150185</guid>
		<description>Excellent! nothing more need be said </description>
		<content:encoded><![CDATA[<p>Excellent! nothing more need be said</p>
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		<title>By: rdlynn</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-3/#comment-150153</link>
		<dc:creator>rdlynn</dc:creator>
		<pubDate>Sun, 14 Jun 2009 17:34:41 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-150153</guid>
		<description>TJCook stop right there.  $70/hr is $70/hr no matter how you break it down. </description>
		<content:encoded><![CDATA[<p>TJCook stop right there.  $70/hr is $70/hr no matter how you break it down.</p>
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		<title>By: Andrewp111</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-2/#comment-150145</link>
		<dc:creator>Andrewp111</dc:creator>
		<pubDate>Sun, 14 Jun 2009 16:15:37 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-150145</guid>
		<description>You assume that they care or that they have an address.  Al Qaida would certainly do it if they could somehow get the nuke and the missile. NK or Iran would do it if the regimes were going down, and their rulers preferred to die in the glorious blaze of thermonuclear war instead of the ignomy of being hacked and stomped  to death by their own people. </description>
		<content:encoded><![CDATA[<p>You assume that they care or that they have an address.  Al Qaida would certainly do it if they could somehow get the nuke and the missile. NK or Iran would do it if the regimes were going down, and their rulers preferred to die in the glorious blaze of thermonuclear war instead of the ignomy of being hacked and stomped  to death by their own people.</p>
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		<title>By: scf</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-2/#comment-150144</link>
		<dc:creator>scf</dc:creator>
		<pubDate>Sun, 14 Jun 2009 16:13:12 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-150144</guid>
		<description>option number 2.  I exclude myself from the &quot;we&quot; in that option. </description>
		<content:encoded><![CDATA[<p>option number 2.  I exclude myself from the &quot;we&quot; in that option.</p>
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		<title>By: Andrewp111</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-3/#comment-150143</link>
		<dc:creator>Andrewp111</dc:creator>
		<pubDate>Sun, 14 Jun 2009 16:00:31 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-150143</guid>
		<description>An EMP attack also wipes out food production and distribution, so there won&#039;t be many people left a year after. The cities will burn to the ground in ferocious riots, within months cannibalism is rampant, and within 2 years everyone in highly populated areas starves to death. The nearby rural areas are overrun with desperate city folk migrating on foot, and the far away areas (unreachable on foot)  manage to survive. 
 
Does NK have a large enough nuke to inflict a sufficient EMP attack on the US that will wipe out everything? If not, they probably will soon. </description>
		<content:encoded><![CDATA[<p>An EMP attack also wipes out food production and distribution, so there won&#039;t be many people left a year after. The cities will burn to the ground in ferocious riots, within months cannibalism is rampant, and within 2 years everyone in highly populated areas starves to death. The nearby rural areas are overrun with desperate city folk migrating on foot, and the far away areas (unreachable on foot)  manage to survive. </p>
<p>Does NK have a large enough nuke to inflict a sufficient EMP attack on the US that will wipe out everything? If not, they probably will soon.</p>
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		<title>By: Claudia</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-3/#comment-150108</link>
		<dc:creator>Claudia</dc:creator>
		<pubDate>Sun, 14 Jun 2009 08:27:02 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-150108</guid>
		<description>Hmmm I&#039;m not bothered if it happens. 
 
I&#039;ve realised that I&#039;m totally responsible for my life and I&#039;ve stopped being a victim, yes even of the government. 
 
I don&#039;t need to know how to skin a rabbit because I&#039;m a raw food vegan - have been for many years. 
 
As for my money - I&#039;ll have to just take it out the bank and keep it under my matress. But I&#039;m thinking if that does happen even cash will be meaningless because the whole system will be reevaluated. 
 
But nobody can stop me from enjoying my life now. So I won&#039;t worry too much about it. </description>
		<content:encoded><![CDATA[<p>Hmmm I&#039;m not bothered if it happens. </p>
<p>I&#039;ve realised that I&#039;m totally responsible for my life and I&#039;ve stopped being a victim, yes even of the government. </p>
<p>I don&#039;t need to know how to skin a rabbit because I&#039;m a raw food vegan &#8211; have been for many years. </p>
<p>As for my money &#8211; I&#039;ll have to just take it out the bank and keep it under my matress. But I&#039;m thinking if that does happen even cash will be meaningless because the whole system will be reevaluated. </p>
<p>But nobody can stop me from enjoying my life now. So I won&#039;t worry too much about it.</p>
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		<title>By: TANSTAAFL</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-2/#comment-203163</link>
		<dc:creator>TANSTAAFL</dc:creator>
		<pubDate>Sun, 14 Jun 2009 00:12:30 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-203163</guid>
		<description>Greetings all, 
 
It seems that this comment trail is split between people who can&#039;t get past somebody making $70.00 an hour and a few who got the essence of &quot;One Second After&quot;.  
 
I did chuckle at Mr Steyn&#039;s observations that the present and future tax obligations of the current group of tax slaves  oops, er ... citizens would disappear if Total Societal Collapse (TSC) did automatically follow an EMP event that did bring down the grid. I disagree with Mr. Forstchen that the body count would reach 280 million americans within 30 days of such an event, I think it would be 20-30 million tops and most of that destruction would occur in our country&#039;s major urban areas. The big bonus there is that most our &quot;Elites&quot; would hopefully be consumed by the initial anarchy as the ravening mobs work their wicked will. 
 
Americans are a very resilient people, and in spite of having the nanny state shove the concept of utter dependency down our collective throats for the last 40 years there are still plenty of people who can and do think for themselves. In the absence of all the distractions of the electronic age, Americans will do what Americans always do. They will gather in their respective communities, talk about what happened,  make plans for how to deal with it and then act on those plans. I do believe that the post 30 day survivors would appreciate the big reset button getting pushed as it would return to the people the freedoms that have been slowly stripped away since the 1960&#039;s by our evergrowing government and it&#039;s parasitic appratchiks who revel in devising new regulations and bureaucracies to implement them. 
 
So I suppose that if you don&#039;t want to be in the KIA/MIA column, you had better make the effort to prepare for the kind of event described in &quot;One Second After&quot; by at least educating yourself on simple survival skills. Might be smart to go camping once or twice, might want to look at why you&#039;re living where you live and oh yes, you might want to learn which end of a gun the bullets come out of. Or you can just continue to sleep soundly with the knowledge that your government is here to &quot;help&quot; you. </description>
		<content:encoded><![CDATA[<p>Greetings all, </p>
<p>It seems that this comment trail is split between people who can&#039;t get past somebody making $70.00 an hour and a few who got the essence of &quot;One Second After&quot;.  </p>
<p>I did chuckle at Mr Steyn&#039;s observations that the present and future tax obligations of the current group of tax slaves  oops, er &#8230; citizens would disappear if Total Societal Collapse (TSC) did automatically follow an EMP event that did bring down the grid. I disagree with Mr. Forstchen that the body count would reach 280 million americans within 30 days of such an event, I think it would be 20-30 million tops and most of that destruction would occur in our country&#039;s major urban areas. The big bonus there is that most our &quot;Elites&quot; would hopefully be consumed by the initial anarchy as the ravening mobs work their wicked will. </p>
<p>Americans are a very resilient people, and in spite of having the nanny state shove the concept of utter dependency down our collective throats for the last 40 years there are still plenty of people who can and do think for themselves. In the absence of all the distractions of the electronic age, Americans will do what Americans always do. They will gather in their respective communities, talk about what happened,  make plans for how to deal with it and then act on those plans. I do believe that the post 30 day survivors would appreciate the big reset button getting pushed as it would return to the people the freedoms that have been slowly stripped away since the 1960&#039;s by our evergrowing government and it&#039;s parasitic appratchiks who revel in devising new regulations and bureaucracies to implement them. </p>
<p>So I suppose that if you don&#039;t want to be in the KIA/MIA column, you had better make the effort to prepare for the kind of event described in &quot;One Second After&quot; by at least educating yourself on simple survival skills. Might be smart to go camping once or twice, might want to look at why you&#039;re living where you live and oh yes, you might want to learn which end of a gun the bullets come out of. Or you can just continue to sleep soundly with the knowledge that your government is here to &quot;help&quot; you.</p>
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		<title>By: eleventyurple</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-2/#comment-150050</link>
		<dc:creator>eleventyurple</dc:creator>
		<pubDate>Sat, 13 Jun 2009 23:53:03 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-150050</guid>
		<description>It&#039;s an interesting scenario, but not very realistic. Anyone who would do this would be nuked from the seas quite soon after their cute little EMP turned off all our iPods.</description>
		<content:encoded><![CDATA[<p>It&#8217;s an interesting scenario, but not very realistic. Anyone who would do this would be nuked from the seas quite soon after their cute little EMP turned off all our iPods.</p>
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		<title>By: ubercheesehead</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-1/#comment-150010</link>
		<dc:creator>ubercheesehead</dc:creator>
		<pubDate>Sat, 13 Jun 2009 20:32:28 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-150010</guid>
		<description>That&#039;s the beauty of free-market capitalism.  Don&#039;t think Steyn is worth any level of remuneration (or even renumeration, which, I presume means his vote doesn&#039;t get counted twice)?  Great!  Don&#039;t engage in any economic activity that results in his remuneration.  Now if only I could apply this principle to all the folks at NPR and PBS who I think are not worthy of recompense, but sadly, I am coerced into paying them by the statists who believe they know better how to spend my money than I do. </description>
		<content:encoded><![CDATA[<p>That&#039;s the beauty of free-market capitalism.  Don&#039;t think Steyn is worth any level of remuneration (or even renumeration, which, I presume means his vote doesn&#039;t get counted twice)?  Great!  Don&#039;t engage in any economic activity that results in his remuneration.  Now if only I could apply this principle to all the folks at NPR and PBS who I think are not worthy of recompense, but sadly, I am coerced into paying them by the statists who believe they know better how to spend my money than I do.</p>
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		<title>By: ubercheesehead</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-1/#comment-150000</link>
		<dc:creator>ubercheesehead</dc:creator>
		<pubDate>Sat, 13 Jun 2009 20:22:12 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-150000</guid>
		<description>And you, sir; are you being deliberately disingenuous?  I believe so.  The company I work for sends out statements to us every few years show us what you call the &quot;fully-loaded&quot; cost of our labor actually is.  While it is true that my wages only represent about two thirds of the cost of my company to employ me, it is also true that that total cost is still well less than half what auto workers make.  I believe that my company fairly and adequately compensates me for my time, talents, and education (which, BTW is far in excess of what auto workers need to be employed).  On the other hand, I don&#039;t think I should have to pay more in taxes to preserve the UAW&#039;s spot at the trough.  If GM and the UAW can sucker me into freely paying for their products to support unrealistic compensation, good for them.  When they have to coerce me into supporting said compensation through taxation, shame on them! </description>
		<content:encoded><![CDATA[<p>And you, sir; are you being deliberately disingenuous?  I believe so.  The company I work for sends out statements to us every few years show us what you call the &quot;fully-loaded&quot; cost of our labor actually is.  While it is true that my wages only represent about two thirds of the cost of my company to employ me, it is also true that that total cost is still well less than half what auto workers make.  I believe that my company fairly and adequately compensates me for my time, talents, and education (which, BTW is far in excess of what auto workers need to be employed).  On the other hand, I don&#039;t think I should have to pay more in taxes to preserve the UAW&#039;s spot at the trough.  If GM and the UAW can sucker me into freely paying for their products to support unrealistic compensation, good for them.  When they have to coerce me into supporting said compensation through taxation, shame on them!</p>
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		<title>By: trevor</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-1/#comment-149955</link>
		<dc:creator>trevor</dc:creator>
		<pubDate>Sat, 13 Jun 2009 18:14:34 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-149955</guid>
		<description>Its extreemly relevant. </description>
		<content:encoded><![CDATA[<p>Its extreemly relevant.</p>
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		<title>By: Trevor</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-1/#comment-149954</link>
		<dc:creator>Trevor</dc:creator>
		<pubDate>Sat, 13 Jun 2009 18:11:58 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-149954</guid>
		<description>It makes no difference whatsoever. </description>
		<content:encoded><![CDATA[<p>It makes no difference whatsoever.</p>
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		<title>By: bud</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-2/#comment-149935</link>
		<dc:creator>bud</dc:creator>
		<pubDate>Sat, 13 Jun 2009 17:08:35 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-149935</guid>
		<description>And the whole lot of you have produced nothing of value beyond the cheap laughs afforded regular viewers of your laughable, daily commenticide.  </description>
		<content:encoded><![CDATA[<p>And the whole lot of you have produced nothing of value beyond the cheap laughs afforded regular viewers of your laughable, daily commenticide.</p>
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		<title>By: Elisabeth Dinwiddie</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-1/#comment-149873</link>
		<dc:creator>Elisabeth Dinwiddie</dc:creator>
		<pubDate>Sat, 13 Jun 2009 14:55:59 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-149873</guid>
		<description>You obviously don&#039;t believe in personal responsibiity and resent those who have achieved a comfortable standard of living by getting an education, living within their means, deferring gratification and WORKING HARD.  You expect &quot;the government&quot; to supply all of your needs (and wishes).  You would probably have the nerve to go door to door with a tin cup imploring your neighbors to fund your Viagra.  GET A LIFE! </description>
		<content:encoded><![CDATA[<p>You obviously don&#039;t believe in personal responsibiity and resent those who have achieved a comfortable standard of living by getting an education, living within their means, deferring gratification and WORKING HARD.  You expect &quot;the government&quot; to supply all of your needs (and wishes).  You would probably have the nerve to go door to door with a tin cup imploring your neighbors to fund your Viagra.  GET A LIFE!</p>
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		<title>By: The Greenroom &#187; Forum Archive &#187; Bad news round-up</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-2/#comment-149837</link>
		<dc:creator>The Greenroom &#187; Forum Archive &#187; Bad news round-up</dc:creator>
		<pubDate>Sat, 13 Jun 2009 13:18:39 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-149837</guid>
		<description>[...] reading if you&#8217;re one of those face-reality types. Then read this, just in case the worst [...]</description>
		<content:encoded><![CDATA[<p>[...] reading if you&#8217;re one of those face-reality types. Then read this, just in case the worst [...]</p>
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		<title>By: Weekend Linky Dinks UpsideTrader</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-2/#comment-149835</link>
		<dc:creator>Weekend Linky Dinks UpsideTrader</dc:creator>
		<pubDate>Sat, 13 Jun 2009 13:03:55 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-149835</guid>
		<description>[...] So your bank account is wiped out, a fictional apocalypse. [...]</description>
		<content:encoded><![CDATA[<p>[...] So your bank account is wiped out, a fictional apocalypse. [...]</p>
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		<title>By: Kars</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-2/#comment-149798</link>
		<dc:creator>Kars</dc:creator>
		<pubDate>Sat, 13 Jun 2009 07:50:25 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-149798</guid>
		<description>very good thanks </description>
		<content:encoded><![CDATA[<p>very good thanks</p>
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		<title>By: John H</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-1/#comment-149780</link>
		<dc:creator>John H</dc:creator>
		<pubDate>Sat, 13 Jun 2009 06:17:56 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-149780</guid>
		<description>So, TJ, the UAW, and the inflated compensation they demand, are not a problem?  </description>
		<content:encoded><![CDATA[<p>So, TJ, the UAW, and the inflated compensation they demand, are not a problem?</p>
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		<title>By: mhb</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-1/#comment-149748</link>
		<dc:creator>mhb</dc:creator>
		<pubDate>Sat, 13 Jun 2009 03:50:47 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-149748</guid>
		<description>Why not learn a bit about labour negotiating before spouting off drivel?  Have you ever participated in the collective bargaining agreement?  Didn&#039;t think so.  When management calculates what&#039;s &quot;owed&quot; to the union, benefits are rolled into an hourly rate, and this is multiplied by the 2080 hour/yr standard, and - voila - that&#039;s what you budget to pay. This isn&#039;t rocket science, although to fine arts types, it&#039;s probably close. And if you think workers aren&#039;t &quot;paid&quot; this amount, why not try to separate the benefits as an &quot;employee-funded amount&quot;, for less than the difference between $70/hr minus their wages, and do let us know how that discussion goes.  Somebody said it above:  why is a forklift driver or unskilled labourer worth $30/hr or more, plus benefits?  And you don&#039;t get the same work ethic or practice you get from the Japanese transplants, so the Big 3 are even further behind the curve.  This lame duck should have been left to sink, declare bankruptcy, and restructure on its own steam.  Why should somebody at WalMart, likely making $20/hour or less (benefits included) fund fat-cat CAW workers at $70?  Let &#039;em enjoy the fruits of their own avarice. 
 
mhb23re at gmail d0t calm </description>
		<content:encoded><![CDATA[<p>Why not learn a bit about labour negotiating before spouting off drivel?  Have you ever participated in the collective bargaining agreement?  Didn&#039;t think so.  When management calculates what&#039;s &quot;owed&quot; to the union, benefits are rolled into an hourly rate, and this is multiplied by the 2080 hour/yr standard, and &#8211; voila &#8211; that&#039;s what you budget to pay. This isn&#039;t rocket science, although to fine arts types, it&#039;s probably close. And if you think workers aren&#039;t &quot;paid&quot; this amount, why not try to separate the benefits as an &quot;employee-funded amount&quot;, for less than the difference between $70/hr minus their wages, and do let us know how that discussion goes.  Somebody said it above:  why is a forklift driver or unskilled labourer worth $30/hr or more, plus benefits?  And you don&#039;t get the same work ethic or practice you get from the Japanese transplants, so the Big 3 are even further behind the curve.  This lame duck should have been left to sink, declare bankruptcy, and restructure on its own steam.  Why should somebody at WalMart, likely making $20/hour or less (benefits included) fund fat-cat CAW workers at $70?  Let &#039;em enjoy the fruits of their own avarice. </p>
<p>mhb23re at gmail d0t calm</p>
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		<title>By: Moogwrench</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-1/#comment-149739</link>
		<dc:creator>Moogwrench</dc:creator>
		<pubDate>Sat, 13 Jun 2009 03:17:31 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-149739</guid>
		<description>probably he meant remuneration if he was talking about payment (of wages)... common error </description>
		<content:encoded><![CDATA[<p>probably he meant remuneration if he was talking about payment (of wages)&#8230; common error</p>
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		<title>By: HBlack</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-2/#comment-149711</link>
		<dc:creator>HBlack</dc:creator>
		<pubDate>Sat, 13 Jun 2009 01:11:38 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-149711</guid>
		<description>When I read that it didn&#039;t even cross my mind that people might think they get paid 70/hour take home pay.  Everyone knows about the union and the benefits they have.  It goes without saying.  Try and keep up, liberals.  Oh, and the way you are using a technicality to avoid the real debate.......classic. </description>
		<content:encoded><![CDATA[<p>When I read that it didn&#039;t even cross my mind that people might think they get paid 70/hour take home pay.  Everyone knows about the union and the benefits they have.  It goes without saying.  Try and keep up, liberals.  Oh, and the way you are using a technicality to avoid the real debate&#8230;&#8230;.classic.</p>
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		<title>By: Top Posts &#171; WordPress.com</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-2/#comment-149701</link>
		<dc:creator>Top Posts &#171; WordPress.com</dc:creator>
		<pubDate>Sat, 13 Jun 2009 00:56:06 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-149701</guid>
		<description>[...]  So your bank account’s wiped out “ ‘Hey, Dad, something strange.’ “ ‘Yeah?’ “ ‘Listen.’ “He stood there silent for a moment. It was [...] [...]</description>
		<content:encoded><![CDATA[<p>[...]  So your bank account’s wiped out “ ‘Hey, Dad, something strange.’ “ ‘Yeah?’ “ ‘Listen.’ “He stood there silent for a moment. It was [...] [...]</p>
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		<title>By: SisyphusThis</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-2/#comment-149697</link>
		<dc:creator>SisyphusThis</dc:creator>
		<pubDate>Sat, 13 Jun 2009 00:28:30 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-149697</guid>
		<description>Maybe he&#039;s dipping into Rush&#039;s stash on his replacement days. </description>
		<content:encoded><![CDATA[<p>Maybe he&#039;s dipping into Rush&#039;s stash on his replacement days.</p>
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		<title>By: Nancy</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-2/#comment-149695</link>
		<dc:creator>Nancy</dc:creator>
		<pubDate>Sat, 13 Jun 2009 00:27:51 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-149695</guid>
		<description>There are better nuke stories than &quot;One Second After&quot;. Slate lists ones by Cormac McCarthy and Richard Golden as better reading. 
&lt;a href=&quot;http://www.slate.com/id/2217899/&quot; target=&quot;_blank&quot;&gt;http://www.slate.com/id/2217899/&lt;/a&gt; </description>
		<content:encoded><![CDATA[<p>There are better nuke stories than &quot;One Second After&quot;. Slate lists ones by Cormac McCarthy and Richard Golden as better reading.<br />
<a href="http://www.slate.com/id/2217899/" target="_blank">http://www.slate.com/id/2217899/</a></p>
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		<title>By: Brocko</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-2/#comment-149683</link>
		<dc:creator>Brocko</dc:creator>
		<pubDate>Sat, 13 Jun 2009 00:12:07 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-149683</guid>
		<description>Public employee sector unions are making out like bandits in this recession.  The UAW is doing well too, and just about anybody who backed Obama with the big bucks in the last election.  The EMP, when it hits, may alter the parameters of a few basic equations. 
 
I enjoy thinking of how most Obama zombies will fare after the EMP hits.  I think about them out there on the freeway, sitting in their cars that no longer work, punching numbers into their cell phones that no longer work....sitting there without food or water, unwilling to leave their cars-turned-junkheaps because they&#039;re afraid someone might steal something, like the radio! 
 
Mark is right, most of them are in debt up to their eyeballs, and the EMP will be the answer to their debt problems.  And the beginning of their last days on Earth, given their lack of basic judgment.   </description>
		<content:encoded><![CDATA[<p>Public employee sector unions are making out like bandits in this recession.  The UAW is doing well too, and just about anybody who backed Obama with the big bucks in the last election.  The EMP, when it hits, may alter the parameters of a few basic equations. </p>
<p>I enjoy thinking of how most Obama zombies will fare after the EMP hits.  I think about them out there on the freeway, sitting in their cars that no longer work, punching numbers into their cell phones that no longer work&#8230;.sitting there without food or water, unwilling to leave their cars-turned-junkheaps because they&#039;re afraid someone might steal something, like the radio! </p>
<p>Mark is right, most of them are in debt up to their eyeballs, and the EMP will be the answer to their debt problems.  And the beginning of their last days on Earth, given their lack of basic judgment.</p>
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		<title>By: Sal Cortez</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-1/#comment-149675</link>
		<dc:creator>Sal Cortez</dc:creator>
		<pubDate>Sat, 13 Jun 2009 00:01:14 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-149675</guid>
		<description>Well, there is bankruptcy and then there is &quot;obama bankruptcy&quot;! 
 </description>
		<content:encoded><![CDATA[<p>Well, there is bankruptcy and then there is &quot;obama bankruptcy&quot;!</p>
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		<title>By: MarkJ</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-2/#comment-149651</link>
		<dc:creator>MarkJ</dc:creator>
		<pubDate>Fri, 12 Jun 2009 23:36:51 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-149651</guid>
		<description>I&#039;m beginning to think the most applicable book to ObamaWorld is not &quot;One Second After&quot; but, rather, Cormac McCarthy&#039;s &quot;The Road.&quot; </description>
		<content:encoded><![CDATA[<p>I&#039;m beginning to think the most applicable book to ObamaWorld is not &quot;One Second After&quot; but, rather, Cormac McCarthy&#039;s &quot;The Road.&quot;</p>
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		<title>By: cwe</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-2/#comment-149576</link>
		<dc:creator>cwe</dc:creator>
		<pubDate>Fri, 12 Jun 2009 21:42:23 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-149576</guid>
		<description>At the risk of complicating the eventual counting of ballots, I&#039;m going to do a write-in vote for something else *in addition to* more crack. </description>
		<content:encoded><![CDATA[<p>At the risk of complicating the eventual counting of ballots, I&#039;m going to do a write-in vote for something else *in addition to* more crack.</p>
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		<title>By: Harbles</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-1/#comment-149566</link>
		<dc:creator>Harbles</dc:creator>
		<pubDate>Fri, 12 Jun 2009 21:27:45 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-149566</guid>
		<description>&lt;a href=&quot;http:\/\/www.wsu.edu\/~brians\/errors\/remuneration.html&quot; target=&quot;_blank&quot;&gt; google&lt;/a&gt;. </description>
		<content:encoded><![CDATA[<p><a href="http:\/\/www.wsu.edu\/~brians\/errors\/remuneration.html" target="_blank"> google</a>.</p>
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		<title>By: Jack_Mitchell</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-1/#comment-149567</link>
		<dc:creator>Jack_Mitchell</dc:creator>
		<pubDate>Fri, 12 Jun 2009 21:27:44 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-149567</guid>
		<description>I see two schools of thought crystallising here, as it were: the &quot;more crack&quot; school and the &quot;less crack&quot; school.  What do people think?  Or should Steyn try something else &lt;i&gt;besides&lt;/i&gt; crack? </description>
		<content:encoded><![CDATA[<p>I see two schools of thought crystallising here, as it were: the &quot;more crack&quot; school and the &quot;less crack&quot; school.  What do people think?  Or should Steyn try something else <i>besides</i> crack?</p>
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		<title>By: YTZ</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-1/#comment-149528</link>
		<dc:creator>YTZ</dc:creator>
		<pubDate>Fri, 12 Jun 2009 20:30:17 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-149528</guid>
		<description>Bob for benefits that&#039;s true, but it is NOT true for payroll taxes which are legally an employer obligation.  It&#039;s also not true for pension obligations to other people who have long since retired.  Conceptually, applying pension benefits of a workforce that has retired and spreading a &quot;per worker&quot; average across an existing workforce is dubious.  </description>
		<content:encoded><![CDATA[<p>Bob for benefits that&#039;s true, but it is NOT true for payroll taxes which are legally an employer obligation.  It&#039;s also not true for pension obligations to other people who have long since retired.  Conceptually, applying pension benefits of a workforce that has retired and spreading a &quot;per worker&quot; average across an existing workforce is dubious.</p>
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		<title>By: EM in Kentucky</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-1/#comment-149523</link>
		<dc:creator>EM in Kentucky</dc:creator>
		<pubDate>Fri, 12 Jun 2009 20:27:14 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-149523</guid>
		<description>While I find Mr. Steyn&#039;s comments all well and good, he obviously missed the entire point of the book.  Unless we take the threat of EMPs seriously, we are simply rearranging the deckchairs on the Titanic.  I will not know or care how much money I have in my bank accounts if I am trying to keep from starving and/or keep hostile others from taking away whatever little I may have left with which to provide for my family. 
 
How do we get people to wake up to the REAL crisis awaiting us? </description>
		<content:encoded><![CDATA[<p>While I find Mr. Steyn&#039;s comments all well and good, he obviously missed the entire point of the book.  Unless we take the threat of EMPs seriously, we are simply rearranging the deckchairs on the Titanic.  I will not know or care how much money I have in my bank accounts if I am trying to keep from starving and/or keep hostile others from taking away whatever little I may have left with which to provide for my family. </p>
<p>How do we get people to wake up to the REAL crisis awaiting us?</p>
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		<title>By: YTZ</title>
		<link>http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/comment-page-1/#comment-149524</link>
		<dc:creator>YTZ</dc:creator>
		<pubDate>Fri, 12 Jun 2009 20:27:11 +0000</pubDate>
		<guid isPermaLink="false">http://tearsheet.ca/dev/?p=3926#comment-149524</guid>
		<description>Unfettered free market capitalism clearly does not work.  If you understood the mechanics of the financial crisis, you would agree.  Although smart not more regulation is what&#039;s needed. 
 
On corporate taxes, I generally agree with your point, although in practice, a zero corporate tax rate would disadvantage a nation with a lot of subsidiary companies.   
 </description>
		<content:encoded><![CDATA[<p>Unfettered free market capitalism clearly does not work.  If you understood the mechanics of the financial crisis, you would agree.  Although smart not more regulation is what&#039;s needed. </p>
<p>On corporate taxes, I generally agree with your point, although in practice, a zero corporate tax rate would disadvantage a nation with a lot of subsidiary companies.</p>
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