Day: July 11, 2008

Note from JWR:

There are just four days left in the current SurvivalBlog Benefit Auction. The high bid is now at $370. This auction is for two cases (12 cans) of Mountain House freeze dried foods in #10 cans donated by Ready Made Resources, valued at $260, a course certificate for a four-day Bushcraft & Survival Course valued at $550, 25 pounds of green (un-roasted) Colombian Supremo coffee courtesy of www.cmebrew.com valued at $88.75, and a set of 1,600 U.S. Military Manuals, Government Manuals, and Civil Defense Manuals, Firearm Manuals on two CD-ROM disks, valued at $20. Please e-mail us your bids soon, …


Surviving an Age of Greed and Envy–Criminal Looters and Looters Under Color of Law

Several SurvivalBlog readers recently sent me a link to an article that ran in Britain’s The Independent newspaper: Britain declares war on food waste. So it seems that The Powers That Be have figured out a way to ration food under a novel pretense–the wastefulness of bulk packaging. (I guess they’ve never heard of freezers, dehydrators, and vacuum packing machines. We hardly waste a morsel, here at the ranch. The subtle subtext to this new “war on waste” article ties in to the Fabian Socialist mindset that is so pervasive in England. (And sadly, here in America, as well.) They …


Letter Re: Learning from the Price of Canned Tuna

Hi Jim, A while back on the blog you had a letter from a reader regarding the price increases that are coming down the pike (pun intended) for tuna. I was in a Wal-Mart the other day, and it looks like those increases are coming sooner rather than later. Two weeks ago, I purchased a bunch of Wal-Mart house brand tuna packed in oil, 6 ounce cans, for $0.53 per can. Yesterday, I was in Wal-Mart again, and the same product is now $0.74 per can. That is a price increase of 39% in a fortnight! I’m happy to say …


Real Estate Market Update for Northwestern Montana, by Viola Moss

We have, just in the past six months, transitioned from a seller’s market to a buyer’s market in northwestern Montana. Much of this is due to the impact of stricter bank mortgage lending requirements. Many [previously commonplace ] investors and types of loans are now nowhere to be seen. I heard just this week that the lenders are requiring the appraisers to go back only two months (instead of six months) for comparatives. This is nearly impossible with the sales spiraling downward. This is quite a reversal from just two years ago, when we didn’t have comps because the prices …


Odds ‘n Sods:

Charles V. recommended this editorial by Craig R. Smith, the CEO of Swiss America: In the eye of an economic storm    o o o Readers Jerry S., OSOM, Korey, Nick, and Rob A. all sent us this: The Fannie and Freddie doomsday scenario–It’s time to wonder what would happen if Fannie Mae and Freddie Mac failed. Here is a telling quote: “‘If Fannie or Freddie failed, it would be far worse than the fall of [investment bank] Bear Stearns,’ says Sean Egan, head of credit ratings firm Egan Jones. ‘It could throw the economy into depression or something close …


Jim’s Quote of the Day:

“We are thus in the position of having to borrow from Europe to defend Europe, of having to borrow from China and Japan to defend Chinese and Japanese access to [Persian] Gulf oil, and of having to borrow from Arab emirs, sultans and monarchs to make Iraq safe for democracy. We borrow from the nations we defend so that we may continue to defend them. To question this is an unpardonable heresy called ‘isolationism’.” – Patrick J. Buchanan