Economics and Investing:

Siggy sent this: CBO Recommendation to Munis – Default! JWR’s Comment: Do I see another expansion of the Mother of All Bailouts (MOAB) coming? Marc in the Inland Northwest sent a link to a piece at The Daily Bell: China: That Urban Empty Feeling Michael Pento – US Headed Down a Path of Destruction        John Williams: Massive Selling of US Currency Lies Ahead   Alan B. sent this: Gold to reach $1,800 – probably in Q1 2011 – James Turk Michael H. mentioned: South Korea plans levy on foreign currency bank debt   Also from Michael:   …




Odds ‘n Sods:

Mike L. recommended the blog articles by Granny Miller.    o o o F.G. sent this news from the U.K.: Millions facing fuel rationing over Christmas as heating oil runs low    o o o James C. suggested this humorous video clip: UN Home Security System    o o o Reader “Out of Sight, Out of Mind” (OSOM) mentioned that the excellent EMP survival sharaeware novel Lights Out by David Crawford (a.k.a. HalfFast), is now available as a hard copy book from Amazon. OSOM’s comments: “This is a great read, and really helps you to internalize the reality of an …







Notes from JWR:

I noticed that there are several new properties listed at my son’s Survival Realty web site. (A spin-off of SurvivalBlog.) Oh, and another property listed there just recently sold. Take a look! — Today we present another two entries for Round 32 of the SurvivalBlog non-fiction writing contest. The prizes for this round will include: First Prize: A.) 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 $795, and B.) Two cases of Mountain House freeze …




ATVs for Preppers, by S.K.

I am sure that there are many out there that have four wheelers or other all-terrain vehicles (ATVs) part of their prepping. These are a great addition for many reasons. First they are able to get decent fuel mileage (will vary on terrain and driving style), they can carry a lot more weight than you could carry on your back, and they can cover lots of terrain that a full size vehicle would have difficulty if even possible. They are great in carrying a Get out of Dodge (G.O.O.D.) bag because they can have racks mounted on the front and …




Letter Re: A Firewood Sawing Reality Check

Hello Jim;   In reference to the recent letter on using a muscle-powered crosscut saw:   For about four years now, I’ve been doing much of my wood cutting with a DC to AC inverter (AIMS 5000) that I purchased for $299 back then – they are now listed at $399.  I hook it to a used deep cycle battery that was given to me by someone who works setting up remoted gas wells.  I throw the battery, inverter and either a Husqvarna electric chain saw (for deadfallen trees) or an old Skilsaw (for old pallets) in the van and go foraging for …




Two Letters Re: Force Multipliers for Retreat Groups

Sir, The recent Force Multipliers article was a good read, as was OSOM’s follow-up letter. Your comment about the Magic Cube flash cubes is a good one. I’m ashamed I didn’t think of that one myself. One of my concerns is the amount of electronic gear that seems to go into play in some of our TEOTWAWKI preparations. If you look at the logistics tail of the US Military you will find that a soldier uses his weight in batteries very quickly in the field. A big problem (as I understand it from my reading) is keeping our guys supplied …




Economics and Investing:

After much foot dragging, the Federal Reserve banking cartel finally fessed up to lavishing $3.3 trillion in new liquidity and in excess of $9 trillion in “short term” loans. But in doing so, they soft-pedaled the fact that a good portion of that was used to bailing out soured or failed mortgage-backed securities (MBS) derivatives contracts. Gee, even the biggest casino in the world can get insurance, these days. But I suspect that the next derivatives meltdown will be so big that it will bring down the global financial system. C.D.V. suggested this article: Any Talk of Recovery is False. …




Inflation Watch:

Santelli: Clarity From Fed? No. Inflation? Yes. ShadowStats: Hyperinflation Special Report (Recently updated)  China’s inflation rises at fastest pace in two years The CPI Is Broken. Here’s Why. “Food prices rise sharply – and there’s more to come” Bloomberg’s “Chart Of The Day” Warns of Coming Surge in Wheat, Corn Prices   




Odds ‘n Sods:

Reader N.I.M. mentioned: Health Disaster Preparedness Rankings by State. N.I.M. ‘s comment: “Now if we could only get a ranking for overall preparedness.”    o o o Rural America gets even more sparsely populated. Most thinly populated counties in the U.S. continued to lose residents in the last decade, new census data show. December 15, 2010| By Doug Smith and Richard Fausset, Los Angeles Times. The article begins: “The majority of the nation’s sparsely populated rural counties lost even more residents in the last decade, though some of the counties — particularly those in the Mountain West — saw population …







Notes from JWR:

SurvivalBlog reader Edward P. very kindly created a new version of the SurvivalBlog Glossary that is much easier to navigate. (Much less scrolling!) Many Thanks, Ed! — Today we present another two entries for Round 32 of the SurvivalBlog non-fiction writing contest. The prizes for this round will include: First Prize: A.) 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 $795, and B.) Two cases of Mountain House freeze dried assorted entrees, in #10 cans, …




Crisis Mode and Effects Analysis, by Scott B.

In survivaldom there are countless potential crises to consider, ranging from a limited local flood to massive global nuclear conflict, and anything in between.  For the newcomer to the prepper/survivor mindset, as well as for those who have begun the journey to preparedness, the range and scope of calamities to consider can be overwhelming.  How does one weigh the need to keep fresh baby formula or insulin available while recognizing that unprotected electronics could become useless after an EMP event?  What good is frozen food if there is no electricity available?  Countless tradeoffs and prioritization must occur, but how does …




Letter Re: Lower Power DC Lighting

James Wesley: I am writing by the light of a post-apocalyptic reading lamp I just constructed. From a string of LED Christmas lights, I removed two sections of just three LEDs each. To each of these I attached in series a single 100 Ohm resistor from the parts bin at Radio Shack. A goose-neck work light provided a good reflector and glare control. I cut the plug off the other end and crimped on the connectors appropriate to my battery. The battery was salvaged from a defunct computer UPS. They are common to alarm systems and are not expensive new. …




Economics and Investing:

Citigroup: Dollar May Drop 11 Percent in 2011 as Treasurys Fall. (A tip of the hat to Brett G. for the link.) Katrine recommended this over at The End Of The The American Dream blog: 16 Nightmarish Economic Trends To Watch Carefully Tipping Point: 25 Signs That The Coming Financial Collapse Is Now Closer Then Ever. (Kudos to Tim E. for sending the link.) Florida ATM Spits Out Gold, Not Cash. But you’ve got to wonder about the mark-up… (Thanks to Steve P. for the link.) Still more FDIC Friday Follies, as six more banks bite the dust: Regulators close …