Odds 'n Sods:

Wednesday, Aug 6, 2008

From Cheryl N.: Dow is Heading for 10,000 "The markets can't seem to get that the U.S. is in recession, says Kirby Daley, strategist at the Newedge Group. But a downward movement is inevitable. He tells CNBC's Martin Soong and Amanda Drury to expect a 15% to 20% drop on the Dow in the near future."

   o o o

David in Israel recommends The Pocket Chainsaw. "It is the smart answer to the flimsy wire saws found in many survival kits. This tool packed in a can the size of a roll of electrical tape is a 28 inch linked saw which when used with included plastic handles or looped to a bow of wood makes your light back country woodcutting a snap. I have been rough with this saw but I have kept it clean, sharp, and oiled, it has never let me down after over ten years of use several times a year."

   o o o

Matt in Texas flagged this commentary from real estate and banking guru Mike Morgan: The World’s Grandest Ponzi Scheme Unravels

   o o o

Reader JT forwarded this: Companies Tap Pension Plans To Fund Executive Benefits

   o o o

Also from Cheryl N.: Hundreds of banks will fail, Roubini tells Barron's


Copyright 2005-2012 James Wesley, Rawles - SurvivalBlog.com All Rights Reserved