Day: March 6, 2009

Note from JWR:

I was just quoted again in The New York Times, by Adam Cohen: Out of Work? Read a Recession Blog. Or, Better Yet, Write One. — The high bid in the SurvivalBlog Benefit Auction is now at $1,110. This auction is for a large mixed lot, which includes:: 1.) Another “be ready to barter” box of 38 full-capacity gun magazines, from my personal collection in JASBORR. This box includes: 4 – Used original East German 30 rd. steel AK-47 magazines in a “raindrop” camouflage pattern belt pouch, 12 – Excellent-to-new condition original Bundeswehr contract HK91 (G3) alloy 20 round magazines, …


Letter Re: Best Shotgun Pellet Size for Home Defense?

Sir; I recently got a Mossberg “Mariner” [12 gauge pump action] shotgun as my main home defense type gun. What size shot should I use for home defense? (The owner of my nearby gun shop said to use #8 bird shot, since buckshot or rifle[d] slugs ‘will go though two houses.” Is that true?) Thx, – Perry Noid in St. Paul, Minnesota JWR Replies: I’m afraid that your local gun shop owner was spouting some oft-quoted urban folklore. For some genuine, Grade-A, tested truth on this subject, see this Box ‘OTruth article. For what it’s worth, I am still a …


Letter Re: The Impact of FDIC Insurance Rate Increases on Small Banks

Mr. Rawles, We live in mostly rural northeastern Oklahoma. Our local newspaper just printed an informative editorial about FDIC changes which result in huge fee increases for member bank. Here is an excerpt from the editorial Oklahoma banks paying price for bailouts: “Imagine paying $500 per year for your car insurance and then being told it had gone up to $4,000 even though you have been a perfect driver with no accidents, no moving violations. That’s the magnitude of premium increases local bankers are facing. The local banks I spoke to had no part in the sub-prime loan implosion and …


Two Letters Re: Voting With Your Feet–Comparing Economic Freedom in the 50 States

Jim: When I read that academic study of economic freedom in the various states, and saw the summary map, it was a strong piece of “ah-ha” confirmation for me. It immediately struck me that what a close correlation there is to what you had posted two years ago in your State Rankings on places to move with the best retreat potential. [in 19 western states.] Independently, you nailed those recommendations squarely, sir. Bonus Brownie points for you! Wishing You The Lord’s Blessings, – Ted J. JWR, I read through the PDF that you mention in your “Voting with your feet” …


Economics and Investing:

HPD flagged a sobering article from The Market Ticker: What’s Dead (Short Answer: All Of It) It is amazing seeing something like this coming from a relatively mainstream blogger like Karl Denninger: “Civil unrest will break out before the end of the year. The [active component] Military and [National] Guard will be called up to try to stop it. They won’t be able to. Big cities are at risk of becoming a free-fire death zone. If you live in one, figure out how you can get out and live somewhere else if you detect signs that yours is starting to …


Odds ‘n Sods:

William B. alerted us to an economy story from South Korea that is actually a preparedness story if you read between the lines: Empty Containers Clog South Korea’s Busan Port as Trade Slumps. We can safely conclude that it is just a matter of time before the price of used CONEX containers plummets. As previously noted in SurvivalBlog, CONEXes have potential for aboveground storage, and even conversion into housing. (On the latter, just ask any returning Iraq vet about “CHU” billets.) OBTW, the ones to look for are they type made with Corten (aka “Weathering”) steel. Just don’t make the …