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News from Wall Street and Capitol Hill–The Mother Of All Bailouts Begins to Grow

Last week, the mainstream media described the latest expansion of the Mother of All Bailouts (MOAB), but they politely refrained from calling this what it is: socialism, plain and simple. The grand plan, as it stands now, is to bail out not just consumer banks, but also investment banks, with taxpayer dollars. They are effectively making our life savings and our future earnings surety for a bunch of idiotic contrapreneurs‘ loans on everything from flat top duplexes to McMansions. These were houses that the contrapreneurs bought, that they could never really afford unless the market continued to rise at an …




Lessons From Fiction–A Critique of “I Am Legend”, by Michael Z. Williamson

I finally had a chance to see [the 2007 movie] “I Am Legend“, and analyzed it as a writer, and from a technical perspective. I’ve seen a lot of discussion over his [use of a] M4 [Carbine as his primary weapon]. I have to say for that type of fighting, I’d prefer a shotgun. However, a shotgun doesn’t reload fast enough. He might be better off with a good .308 self-loading carbine, if he can find adequate soft-point ammo. In New York City, that’s unlikely. National Guard armories would only have ball ammo, and likely wouldn’t have anything other than …




Letter Re: Advice on Long Term Ammunition Storage Techniques

Mr. Rawles: You recently wrote: “Oxygen absorbing packets would have no efficacy for ammunition storage. (These are designed just for killing insect larvae in storage foods).” Sorry, Jim, but that’s not quite correct. Oxygen absorbing packets come in a variety of sizes and do their job very well. Their job? Absorbing oxygen. They are placed in packets of food such as jerky to reduce amount of oxygen which degrades the flavor of the food. That they also make life more difficult for bugs is a side-effect. The ability to absorb nearly all the free oxygen in an enclosed space makes …




Odds ‘n Sods:

Stephanie in Arkansas mentioned that there are some plans for do-it-yourself gravity water filters posted over at the Alpha Rubicon site. JWR Adds: OBTW, while you are there, be sure to check out their many other references available for free download. It is a great site that has done yeoman service in preparedness circles.    o o o From Al Jazeera television, of all places: Montana Has a Lot of Guns.    o o o Dennis found us this commentary on long term Social Security obligations: Glenn Beck: The $53 trillion asteroid    o o o Luis in Utah sent …