Day: January 6, 2009

Notes from JWR:

The high bid in the SurvivalBlog Benefit Auction is now at $1,000. The auction is for a large mixed lot that includes: 1.) A large “be ready to barter” box of full-capacity gun magazines, from the JASBORR. This box includes: 12 – Used original Bundeswehr contract HK91 (G3) steel 20 round magazines, 6 – Used original FN of Belgium-made FN-FAL alloy 20 round magazines, 6 – Used AR-15/M16 USGI (a mix of Simmonds & Colt made) alloy 20 round magazines, and 2 – New and very scarce original FN (Belgian-made) US M1/M2 Carbine blued steel 30 round magazines (marked “AYP”) …


Our 2009 Predictions, by Roger Wiegand

We think we now have enough data from both the fundamentals and technicals to make some serious forecasts and predictions for 2009. While 2008 was a nasty year when lots of things imploded, they are far from being repaired. Treasury Secretary Paulson told us this week there are no more surprises, which tells me we haven’t even discovered but a small portion of this monster derivative mess. His ripping-off of the taxpayers to the tune of $700 billion is only a warm-up. However, the larger question for traders and investors is what could happen next and when. In the following …


Letter Re: The U.S. Expatriation Exit Tax

Hi JWR, Here’s another one for your readers. I’d heard of this “exit tax” a few months ago and it was completely ignored by the mainstream media (MSM). At first blush, it doesn’t appear to impact most people, i.e. only those over $4 million USD net worth for couples who renounce U.S. citizenship and leave. However, we all know how well the alternative minimum tax (AMT)–the so-called millionaire’s tax–worked out. It was supposed to affect only several hundred tax “scofflaws”, and now because of inflation, millions of citizens are affected. A few years of 50% inflation will put most professional …


Two Letters Re: Home Invasion Robbery Countermeasures–Your Mindset and Architecture

Jim, I have not yet seen mention of “air locks” as a security layer for entry doors. Many years ago I managed a software project that included doing installs at armored car companies. The visitor entrance had you go in one set of doors to a small holding room. Here a security receptionist behind thick glass and gun ports could identify you and hold you until they were ready. Only then could you enter a second set of doors into the main facility, which would be analogous to an inner courtyard in a residential estate (i.e., an open area surrounded …


Letter Re: Bureaucratic Restrictions on Defensive Wire and Obstacles

Sir [Regarding your recent mention of the ban on barbed wire in the city of Newark, New Jersey,] they aren’t the only ones. I am currently in Kabul [, Afghanistan] doing contract security work and we wanted to improve the security of the compound we live in. We are doing so by adding HESCO bastions made into fighting positions on the outside of our perimeter wall. As our workers were finishing the last of them, the police came by to tell us that we could not put up HESCOs on the street. When I got out there I asked the …


Odds ‘n Sods:

Reader Jason in North Idaho mentioned the documentary “Alone in the Wilderness“ about Richard Proenneke. Jason notes: “I saw it on on PBS. It was very good documentary.”    o o o The day’s economic news, starting with this from The New York Times, courtesy of Karl K.: The End of the Financial World as We Know It. Next, Jonathan B. sent this: The Economist magazine says its a depression. Allen sent us this sobering piece by the ever-cheery Ambrose Evans-Pritchard of The London Telegraph: Asia needs to fully wake up to the scale of the West’s economic crisis. And …