Year: 2009

Economics and Investing:

From frequent content contributor KAF: Congressional Budgeters Predict 10.5 Percent Unemployment Rate Next Year Also from KAF: The Inside Story of Bank United. (How all those Option ARM loans came back to bite them.) Items from The Economatrix: Three More Banks Closed This Week Federal Reserve Cannot Account for $9 Trillion The Economy is Down But The Cost of Living is Going Up (Most canned vegetables at Wal-Mart were 50 cents per can last summer, now they are 72-to-74 cents per can.) US to lose AAA Rating? Dollar Falls to Four-Month Low Against Euro Stocks Hit ’09 Low on Ratings …


Odds ‘n Sods:

Cattle Rustling on the Rise as US Recession Bites    o o o Credit Bill OK’d with Gun Provision    o o o With the Economy Tough, the Tough Go Camping    o o o America’s Poor Are its Most Generous Givers    o o o SF in Hawaii mentioned the Local Harvest web site, and their map of family farms. SF’s comment: “Thinking about relocating? Take a look at this map. It might be nice to have some small farm neighbors.”.


Jim’s Quote of the Day:

“Today, prayer is still a powerful force in America, and our faith in God is a mighty source of strength. Our Pledge of Allegiance states that we are ‘one nation under God,’ and our currency bears the motto, ‘In God we Trust.’ The morality and values such faith implies are deeply embedded in our national character. Our country embraces those principles by design, and we abandon them at our peril.” – President Ronald Wilson Reagan


Notes from JWR:

I laughed heartily, reading this Times of London online article about the mainstreaming of survivalism: Swine flu…recession…should we all be reading Neil Strauss to survive? It must be bad: survival manuals are racing up the book charts. Ordinary folks are preparing for the worst. The author started out describing the book “Emergency” by Neil Strauss, but then took a hard right turn and went on to spill copious ink–or should I say bits or pixels–about my novel.) The reviewer has a real gift for comic writing. — Today we present another entry for Round 22 of the SurvivalBlog non-fiction writing …


Five Months Till Armageddon–A Dark View of the Future, by H.I.C.

I believe that America is facing a perfect storm…A rapidly cooling climate, a committed socialist president taking over during an economic crisis, and an unfinished war with fanatical murderous thugs. I am only 49 years old, but I think my Father’s generation faced a similar storm starting in 1929. I believe we could handle any one of these problems by itself, but maybe not all at once. I wish I could suggest that we have more time and perhaps our economy will recover before a second crisis event occurs. Since the banking crisis started in August of 2007, and recessions …


Letter Re: Dealing with Uninvited Guests

Mr. Rawles I have been a faithful reader for about a year now and would like to take this opportunity to thank you and your contributors for the wealth of information found on this site. I would also like to thank Anon T. for his article on quarantine procedures, though I’m wondering if it should be expanded to include “debugging”. I’m referring to head lice, body lice, crabs, bedbugs, mites, and fleas. Nobody wants to believe that it will happen to them. It doesn’t even have to be a WTSHTF scenario. In today’s economic environment many people are losing their …


Mexican Flu Update:

Kudos to KAF for sending this piece: Researchers: Swine Flu Genes Swirled for Decades Undetected Emergency Preparedness Exercises Held at Banks Swine Flu Spreads in Australia Some Older People May Be Immune to Swine Flu Swine Flu Extends to Tokyo; 11,000 Cases Worldwide 56 Hospitalized with Swine Flu in NYC Dr. Niman’s World Flu Tracking Map


Economics and Investing:

Reader GG suggested: Uncle Sam’s ‘F’-rated bonds GG also mentioned this piece by Mish Shedlock: FDIC to Open a Temporary East Coast Satellite Office. (Could they be expecting more bank failures or perhaps bank runs? The MOAB keeps expanding: Feds give $50 Million in aid to towns hit by auto layoffs. (Thanks to Tony Y. for the link.) Items from The Economatrix: Here Comes the Option ARM Explosion Russia Dumps US Dollar as Basic Reserve Currency Fannie and Freddie in “Critical” Condition Real Unemployment, GDP, Etc. Numbers Britain’s AAA Rating Threatened by S&P’s Stark Warning Conjuring Monster (The Mogambo Guru)


Odds ‘n Sods:

Eric wrote to mention that the Survivalist Groups Listing Page URL has changed.    o o o Chris–the editor of the LDS Preparedness manual that I recently mentioned–wrote to say: “Version 6.00 of the manual is almost complete and will be released in June. But for now, you can get a printable PDF copy of the Preparedness Manual for LDS Members, Version 5.01 (Nov.1, 2008) There are also hard bound printed copes available–rather than downloading and printing 200+ pages. It can also be found on my homepage.”    o o o GG spotted this: Spam sales soar as buyers seek …


Jim’s Quote of the Day:

“Once each May, amid the quiet hills and rolling lanes and breeze-brushed trees of Arlington National Cemetery, far above the majestic Potomac and the monuments and memorials of our Nation’s Capital just beyond, the graves of America’s military dead are decorated with the beautiful flag that in life these brave souls followed and loved. This scene is repeated across our land and around the world, wherever our defenders rest. Let us hold it our sacred duty and our inestimable privilege on this day to decorate these graves ourselves — with a fervent prayer and a pledge of true allegiance to …


Note from JWR:

Today we present another entry for Round 22 of the SurvivalBlog non-fiction writing contest. Because I recently dropped Front Sight as an advertiser, the list of contest prizes for this round has been revised: First Prize: A course certificate from OnPoint Tactical. This certificate will be for the prize winner’s choice of three-day civilian courses. (Excluding those restricted for military or government teams.) Three day OnPoint courses normally cost between $500 and $600. Second Prize: A “grab bag” of preparedness gear and books from Jim’s Amazing Secret Bunker of Redundant Redundancy (JASBORR) with a retail value of $350. Third Prize: …


The Information Junkie, by Dan H.

I’ve been working on getting prepared for about 20 years now. During that time, I’ve collected a large amount of information. Let’s face it, there’s a lot of information out there, and to this day I’m still collecting. I currently have four sets of encyclopedias (including 1947 and 1954 editions). I have a fairly good library of books that encompasses a wide variety of topics and, of course, I have lots of information from the Internet. First, I’d like to tell you why I collect it (and why you should too) and then the “what and how”. One reason why …


Letter Re: Sale on Inexpensive Solar Rechargeable Lights

Dear Mr. Rawles, This sale ends Saturday so maybe it’s too late to share it, but True Value Hardware stores around the country are selling boxes of six (6) solar powered pathway lights for $11.99. These would be great to use for an extended power outages – just bring them in inside each night without the pole. There’s two LED lights in each one, and they will shine for 8 hours. I tried them out last night and was able to read with two of them. Using all six lights in the box lit up my small house enough to …



Economics and Investing:

HPD found this: Mish’s Global Economic Trend Analysis: Automotive Pension Disaster; $42 Billion in Pension Promises Completely Unfunded Also from HPD comes word that another bank has bit the dust: BankUnited Bidders Said to Be Told Bank to Be Seized GG sent this bit of MOAB expansion news in the Wall Street Journal: Fed Boosts Efforts to Aid Commercial Real Estate Items from The Economatrix: Geithner: Major Banks Have Raised $48 Billion (Under the new FASB accounting rules or the old?) China Grows More Picky About Debt Local Banks Face Big Losses “Study of 940 lenders shows potential for deep …