Notes from JWR:

The Memsahib had a serious mishap here at the Rawles Ranch and will require surgery. We’ve chalked it up to being part of life, living and working with horses. We would appreciate your prayers. OBTW, because of her surgery I may be a bit sporadic about making SurvivalBlog posts for a few days, starting either Friday or Saturday. Thanks for your patience.

Will there be more bank failures and bank runs? You betcha. IndyMac was just the first big one. (And it was, in fact, the second largest bank failure in US history.) I have been warning about the threat of bank runs in SurvivalBlog for nearly a year. As I’ve said before, the FDIC–backed by the “full faith and credit…” will make good on their promises, but it may take up to six months before all of the depositors of the failed banks get their insurance checks.

Today is the last day in the current SurvivalBlog Benefit Auction. The high bid is now at $535. 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 and Survival Course valued at $550, 25 pounds of green (un-roasted) Colombian Supremo coffee courtesy of 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 bid, ASAP. The auction ends at midnight eastern time tonight (July 15, 2008).