Conservative commentator Glenn Beck has followed up his recent economic analysis with this: What Can I Do to Prepare? He stops short of suggesting full-scale survivalist preparedness, but he definitely goes far beyond FEMA‘s “buy a flashlight and three days of food” claptrap, or the standard Nanny-Stater’s “Hold hands, sing Kumbaya, and dial 911 if there is trouble” approach.
o o o
Steve Quayle had a link to this important London Telegraph article: Europe stuns with €1.5 trillion bank rescue, as France plays role of saviour. Steve also had a link to this blog commentary: The Next Derivatives Bloodbath: Insurance and Auto Makers
o o o
Over at Backwoods Home, Massad Ayoob chimes in with an endorsement of the Savage Model 110 / Model 10 series rifles. FWIW, I’m also an enthusiastic Savage bolt action shooter. These are very accurate and reliable rifles that are quite economically priced. (We have a fiberglass-stocked Model 10 chambered in .308 Winchester here at the Rawles Ranch.)
o o o
I’ve had two dozen e-mails from readers in the past few weeks, concerned about an active US Army brigade being tasked with homeland security response. While there are no immediate concerns about martial law (consider that this is 3,000 soldiers in a nation of 300 million well-armed civilians), the whole concept frosts me. The use of Federal troops for civilian law enforcement would clearly be a violation of the Posse Comitatus Act. If you are also concerned about this, then please contact your congresscritters, and give them a piece of your mind.
o o o
More economic news and commentary, mostly from Cheryl. First, in Mish Shedlock’s blog: EU Calls For Summit To End Bretton Woods — Dow Swings Widely On Mixed Earnings Data — GM To Layoff 1,600 Workers In Three Factories In Coming Months — Paulson Regrets Economic Mistakes — Markets Slump As World Girds For Recession — Japan Dismisses US Bailout As “Insufficient” — UBS and Credit Suisse Bailout Out — Merkel: World Faces Biggest Crisis Since 1920s — Crisis Grows: Ukraine, Hungary And Serbia Call IMF — Markets Feel The Chill From China — Oil Under $68–15-Month Low — Recession Fear Drives Up Grain Prices — Cracks In Rescue Armor As Nightmare Continues — Roubini: Largest Bubble Burst In History — Stock Market Crash Alert! — At Indian Call Centers: A Bleak View Of The US — Dow Ends Up 400 Points — Fear and Loathing of Economy Spreads