Eric sent us this tale of unintended consequences: Wind Energy Bumps Into Power Grid’s Limits
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Some interesting demographics: The study is a bit dated, but a 2001 survey showed Wyoming as the state with the highest rate of gun ownership: The top three states were Wyoming (59.7%), Alaska (57.8%), and Montana (57.7%). Following close behind—all at around 55%–were Idaho, South Dakota, Mississippi and West Virginia. By the way, a neighbor told me that when a gal in Wyoming gets serious about finding a husband, all she has to do is switch her perfume to Hoppes #9, and the bachelors will line up at her door. (For those uninitiated in the shooting fraternity: Hoppes #9 is a rifle bore cleaner with a distinctive smell.)
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Frequent (and copious) content contributor Cheryl N. sent us another big batch of economic news and commentary: New Credit Hurdle Looms for Banks, World Largest Gold Refiner Runs Out, Is Your Bank About to Implode?, FDIC Will Need Half A Trillion Dollars, Surge in US Foreclosures Surge Past Subprimes, Debt Threatens the Entire System, Use of Food Stamps at Farmers’ Markets Rise,
and The US is the Next Argentina.
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Safecastle is offering folks a free hardcover copy of James Kunstler’s best selling Peak Oil novel, “World Made By Hand“ (retail value of $24) with the purchase of a $19 lifetime Safecastle Royal buyers club membership. Or, for those who are already members, the book is free with any purchase of at least $170 (after the club 20% discount). Speaking of Kunstler, SurvivalBlog reader Scott H. pointed us to a an audio interview with him, over at Financial Sense.
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Rand Refinery Ltd., the world’s largest gold refinery, ran out of South African Krugerrands after an “unusually large” order from a buyer in Switzerland. Hmmmm… Sounds like the smart money is is taking advantage in the recent dip in precious metals prices. Have you? (A hat tip to Kevin A for the the link.)
Jim’s Quote of the Day:
“It’s fairly clear to see that the [UK] government’s figure for the rate of inflation has nothing at all to do with the real increase in our cost of living. The figure is deliberately manufactured in order to crush benefit payments, pensions and workers’ pay rises.” John Andrews in The Price of Eggs .