Note from JWR:

Last day! Safecastle’s 25% Off Mountain House storage food sale ends at midnight, eastern time (June 5th.). Safecastle Royal members will also get a free copy of the novel One Second After by William R. Forstchen if they purchase four or more cases of Mountain House foods.




Two Letters Re: Walking Tractors and Similar Powered Farming Implements

Hi; The ongoing discussion about tractors is interesting. I was recently able to purchase a fully restored 1952 Ford 8N for $3,500. The tires, front end bushings, everything is new, and the motor is rebuilt. This is a deal of a lifetime to be sure. But, there are plenty of other good deals out there, this is the time to look. Check with farmers to see if they have an extra tractor to sell. Many farms own multiple tractors and if they need money you might get lucky. And if you get real lucky you might find an old one …




Mexican Flu Update:

WHO: Swine Flu Alert Closer to Pandemic 64 countries, 18,965 cases, 117 deaths (mostly US & Mexico) “‘We still are waiting for evidence of really widespread community activity in these countries, and so it’s fair to say that they are in transition and are not quite there yet, which is why we are not in phase 6 yet,’ Fukuda said.” NYC Reports Two New Deaths From Swine Flu Both aged 25-64, 553 total cases, 341 hospitalizations Swine Flu In All 50 States More than 10,000 US residents confirmed infected. Confirmed cases represent about 1 in 20 of actual cases. (JWR …




Economics and Investing:

The welfare state, firmly entrenched: Benefit spending soars to new high (1 in 6 dollars of income come from governments checks. Let’s not forget: Every dollar that is “given”, must first be “taken” from someone.) Thanks to G.H. for the link. Currie sent us this: Latvian debt crisis shakes Eastern Europe. When sovereign debt markets disintegrate, you can expect governments to topple. And it won’t just be pipsqueak nation states like Iceland and Latvia that are at risk. From reader C.S.: Medical bills underlie 60 percent of U.S. bankruptcies: study Julian Robertson’s Steepener Swap Play (Shorting US Treasuries) When Julian …




Odds ‘n Sods:

We were thrilled to attend Maker Faire, in San Mateo, California, last weekend. It is an amazingly educational and inspirational gathering, and I highly recommend it, if you ever have the opportunity. (Maker Faire events are also held in Newcastle, England and in Austin, Texas.) These annual events, sponsored by Makezine, bring together an eclectic and often wacky group of creative geniuses. Among the huge roster of exhibitors, I saw lots of practical displays and demonstrations there that have applicability to preparedness–including steam engines, gasifier experimenter kits (GEKs), umpteen human-powered machines (including a way-cool pedal-powered rail car, made with box …