Note from JWR:
The high bid is still at $210 in the SurvivalBlog benefit auction for a batch of 10 brand new original Imperial Defence SA-80 (AR-15) steel 30 round rifle magazines. The auction ends on July 15th.
Day: July 9, 2007
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CDO PIK: Satisfaction Guaranteed or Double Your Trash Back
When I attended the U.S. Army Northern Warfare School back in 1980, I was amused to see that all of the trash dumpsters at Fort Greeley, Alaska were stenciled with “Satisfaction Guaranteed or Double Your Trash Back”. I was reminded of this slogan the other day when I was doing some reading about the unfolding derivatives fiasco. I’ll get back to the quip about trash near the end of this blog entry. Let me start with some background: Just like in the traditional bond world, with Collateralized Debt Obligations (CDOs) it is always the holder of the highest rated (“senior”) …
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Letter Re: Supporting SurvivalBlog
Mr Rawles: I was shocked to see that only 1% of readers have gotten a [voluntary] 10 Cent Challenge subscription. I signed up after the second week that I began reading.your blog. There is no other site on the Internet that has the same amount of in-depth info on preparedness. Nothing even comes close. I am blown away by how much knowledge is piled up in your archives. I could spend two or three hours a day searching through news sites, financial advisory websites, backpacking websites, EMT websites, gun websites, food storage websites, and so forth, and still not glean …
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Odds ‘n Sods:
Remember that there are now just three days remaining for the $500 Interceptor Body Armor (IBA) vest special from BulletProofME.com. July 12th is the deadline. Anyone who has shopped for body armor knows what a great deal $500 is for a new Interceptor vest. Don’t miss out on this deal. o o o Reader Andy L. mentioned an article about the ultimate in privacy for retreats: Your own island in the Bahamas. o o o MP noticed this editorial in a Seattle, Washington newspaper: Disaster’s coming: Get ready. MP’s comment: “Sure, 10 days is still a bit weak …
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Jim’s Quote of the Day:
"The greatest challenge facing mankind is the challenge of distinguishing reality from fantasy, truth from propaganda." – Michael Crichton
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