Day: February 26, 2009

Notes from JWR:

Here it comes! Despite his campaign promises: “I believe in the Second Amendment. I believe in people’s lawful right to bear arms. I will not take your shotgun away. I will not take your rifle away. I won’t take your handgun away. … There are some common-sense gun safety laws that I believe in. But I am not going to take your guns away. .”, it comes as no surprise that President Obama is now asking congress to renew the 1994 Federal “assault weapons” and “high capacity” magazine ban. Now, just a few months later he has done an about-face …


Depression Proof Jobs for a 20 Year Depression – Part 1: The Counter-Cyclical Jobs

The current economic downward spiral has prompted several SurvivalBlog readers to write me and ask: “My job is now at risk, so what are the safe jobs?” I’ve actually addressed this topic fairly well since I started SurvivalBlog in 2005. We ran a “best recession-proof jobs” poll, back in May of 2006. Then, in February, 2007, we ran a poll on “Best Occupations for Both Before and After TEOTWAWKI”. Later, we even ran a poll on the current occupations of SurvivalBlog readers. In the past three years, we’ve also posted a panoply of more detailed employment-related letters and articles on …


Letter Re: Buying Kindle Reader for Accessing Survival References?

Mr. Rawles; Given that even the smallest of windmills driving an automobile alternator can keep a 12 volt DC battery charged, and from that you can run a myriad of small devices, what is your opinion of Amazon’s Kindle [mobile book reading screen] for keeping all the documents you might need, like the entire archives of SurvivalBlog? Amazon is now offering “Version 2” [of Kindle] , which seems easier to load with personal documents. Is it worth it as a backup library, or is it too fragile? – Sandy W. JWR Replies: Buying a shiny new Kindle for that purpose …


Letter Re: Is it Deflation or Inflation Ahead? Should I Pay Down My Debts?

JWR, Thanks for the always excellent blog. I recently came into a significant wad of money, more than $100,000. I have been toying with my options. I owe around $200,000 on my house, but I can afford the payments no problem; I am self employed in a health-care related field that I do not expect to struggle. My thought process goes something like this: Why should I pay the mortgage down on my house since (1) I can afford my house easily, (2) with inflation coming I would rather pay it down with 2012 or 2014 dollars (that are “worth …


Economics and Investing:

E.L. sent us the link to this “must watch” seven minute video clip of from Fed Chairman Paul Volker. It has some interesting nuggets and is a somber assessment of the unfolding global economic collapse. Reader “Darth Paul” mentioned a video clip of an ex-IMF Chief Economist. Paul’s comment: “I especially got caught up at 6:40 on the counter: “Obama’s and Geithner’s choices for administration? It’s a huge problem!”, “I’m trying to be positive but my intuition from crises is that this is gonna get a lot worste…we are going down a long, dark, blind alley”.” Mark in Michigan flagged …


Odds ‘n Sods:

Reader E.L. recommended a series of five instructional videos available on YouTube. They explains the “why and how” of setting up ALICE web gear .    o o o “FFF” suggested this article over at Backwoods Home magazine’s web site: Ice Storm 2009: A Cautionary Tale    o o o Mark P. mentioned that 38 years of The Mother Earth News have been archived on CD-ROMs. In my opinion, the first 25 years were the best. OBTW, speaking of references on genuine self-sufficiency, I highly recommend the compendiums of Backwoods Home magazine, in hard copy books and CD-ROM. The Memsahib …


Jim’s Quote of the Day:

“We are in a period of price discovery. Many shares, businesses, and credits are on offer. Typically, people are reluctant to make bids until they have a clearer idea of what these things are worth. What are they worth now that we’re in a post-Bubble world? No one knows. And no one seems in a hurry to find out.” – Bill Bonner, The Daily Reckoning