Day: October 12, 2008

Note from JWR:

It will be interesting to see exactly what emerges from the G-20 meeting this weekend. At first blush, their “five point rescue plan” looks like: “Throw money at the problem, throw more money at the problem, repeat, repeat, fire for effect.” The Mother of All Bailouts (MOAB) has grown to multinational and unconstrained proportions. The MOAB will be so gargantuan that it will destroy the US dollar as a currency unit. Get ready for mass inflation–at least here in the States, and possibly across the Atlantic, as well.


Letter Re: Selecting and Storing Bargain Barter Items

As Mr. Haney (Pat Buttram) from the television show Green Acres would say, “Have I got a deal for you!” In the spirit of Mr. Haney, I’ve come up with some good barter items. To make the list, the items have to be fairly light, extremely useful, practical, and cheap to buy, now! The items have to fit, and be able to be stored in six gallon plastic pails with a water proof seal. The items also must be available in large quantities now, to get the most for my money and be easily accessible now, at a low cost …


Letter Re: Pre-Paying Utility Companies in Anticipation of Worsening Banking Disruptions?

Dear Mr. and Mrs. Rawles, Thank you for your excellent blog. My husband and I are benefiting tremendously from the hard work you have put in to this valuable resource. My question: With banking integrity a growing uncertainty, would it be prudent to devote our rather limited capital to build up a credit balance with our utility providers (water, electric and natural gas) in anticipation of possible interruptions in bank transactions? We do have modest contingency back-up systems for all three supplies but as long as the grid holds up we will use the utilities. Sincerely, – Mrs. T. from …


Letter Re: Life Imitates Art–Moscow, Idaho Style

Dear Mr. Rawles, When the President announced the first $700 Billion bailout I had the pleasure of being in Chicago at a business conference. The next day I flew home into Moscow/Pullman regional airport and couldn’t help but think about the first chapter of “Patriots: Surviving the Coming Collapse”. The timing was a little ironic. Thank you for all the work you do. Regards, – The Hellion of Troy



Odds ‘n Sods:

KAF sent us this: World’s First Nuclear Bunker Turned Zero-Star Hotel Opens in Switzerland    o o o In a recent e-mail, SF in Hawaii mentioned: “I do not think that the bank rating agencies will adjust their ratings fast enough to tell when you should get your money out of a bank. Instead, watch the bank’s stock price.” That is good advice.    o o o Whenever someone wants to advertise a book on SurvivalBlog, I insist on reading it before I accept the ad. Most recently, this gave me the opportunity to read Jerry Robinson’s new book “Surviving …


Jim’s Quote of the Day:

“O eternal and everlasting God, I presume to present myself this morning before thy Divine majesty, beseeching thee to accept of my humble and hearty thanks, that it hath pleased thy great goodness to keep and preserve me the night past from all the dangers poor mortals are subject to, and has given me sweet and pleasant sleep, whereby I find my body refreshed and comforted for performing the duties of this day, in which I beseech thee to defend me from all perils of body and soul…. Increase my faith in the sweet promises of the gospel; give me …