Year: 2015

Economics and Investing:

B.B. sent us this gem from Zero Hedge: The Problem Explained In 110 Words o o o R.V. spotted this: US Banks Build Defenses Against Downturn. R.V.’s comment: In spite of the title, the article is actually about how banks have taken down loan loss reserves to bolster profit, not about how they have increased the reserves. If I reduce the loan loss reserve, I have to back out the previously recognized expense, which has the effect of increasing profit. So if I increase my loan loss reserve, it is an expense, which would lower profit and reduce assets (loans …


Odds ‘n Sods:

From October 16th to 19th only, Oathkeeper–the latest book from Prepper Press–will be available free of charge, in Kindle e-book format. o o o What’s the Goal of DOJ’s Strong Cities Network? o o o Reader RBS suggested this: Controversies – Closing of Rural Hospitals across U.S. Upends Communities o o o Video: Unarmed black woman beaten and tackled by Florida cops for filming arrest of her husband. When will the police learn that photographing a public event is not a crime? For any readers who do not yet have press credentials, I strongly reommmend that you print out a …


Jim’s Quote of the Day:

“The right of the people to keep and bear arms is an extension of the natural right to self-defense and a hallmark of personal sovereignty. It is specifically insulated from governmental interference by the Constitution and has historically been the linchpin of resistance to tyranny.” – Judge Andrew P. Napolitano


Notes for Thursday – October 15, 2015

October 15th, 1990 is the day South Africa’s Separate Amenities Act, which had barred blacks from public facilities for decades, was scrapped. o o o Having spent the last 18 days camping, it’s good to be back! The homecoming is somewhat bittersweet though. Eight of those days were spent celebrating The Feast of Tabernacles with others in a wonderful time of joyful worship, and it’s hard to leave such fantastic fellowship! Now the process of unpacking and cleaning begins. This trip also happens to be great practice for a G.O.O.D. situation. Just like every year, there were some lessons learned …


Structured Thinking for Practical Prepping for Suburban Life, by S.I.R.

I am writing this article based on my experience as Army Infantry officer, a Weapons of Mass Destruction (WMD) and intelligence professional, but most of all as someone who uses structured thinking to plan against and mitigate threats. It is important to plan for events that are less of a threat yet highly probable that in turn provide the foundation to plan for extremely dangerous threats that are less likely to happen. Structured thinking and scenario development will assist the average reader with how to move beyond theory and talk to practical planning. The Americans I interact with live in …


Letter Re: A Budget Disaster Response Kit

Hugh, I have a couple of comments on the Budget Disaster Response Kit article by R.S. I found the article useful and thought provoking. For those that don’t have access to a metal lathe to shorten the barrel, I have used a standard tubing cutter, such as you would use to cut conduit or copper pipe, with great results. First, make sure that the cutter will cut square to the tube, I have had a couple that tended to walk down the barrel, cutting a spiral. Second, cover the area with a few layers of masking tape to protect the …


Letter: Who Runs the Political Process?

Good Morning Hugh, The world is filled with interesting news today. It’s interesting because even The New York Times– one of the mouthpieces of the establishment– is pointing out the fallacy of our “democracy”, by the fact that almost half the presidential campaign money comes from only 158 families. Here is a quote from the article: “The pluralist stance of American politics contends that true power in the United States has been constitutionally vested in “the people” through mechanisms like the electoral process, freedom of speech, and the ability to establish political parties. The traditional view is that these aspects …


Economics and Investing:

Tesla Model X Buyers Get $35,000 Tax Break o o o The Fed Just “Discovered” Another $2.7 Trillion In Debt: “Quietly Boosted Total Credit” o o o Items from The Economics Team: Fed Quietly Raises Debt to 350% of GDP (Zero Hedge) China is Becoming a Big Red Flag for U.S. Stocks (Market Watch) The Greek Crisis (GreekCrisis.net)


Odds ‘n Sods:

RBS sent this: Matt Drudge: Copyright Laws Could Outlaw Linking to Websites (Infowars) o o o And here is a related headline: The Final Leaked TPP Text is All That We Feared o o o Camping Survival just announced that they have added a used knife section to their online store. Check it out.


Jim’s Quote of the Day:

“All taxation is the funding of government programs by force with threat of being taken to jail or even a summary execution – i.e. the eventual midnight SWAT raid which will surely come if anyone does not pay those taxes and refuses court orders, et cetera. So here is the rub for the Liberal Mind: You want to fund your ‘compassion’ with my tax dollars, and if I don’t agree, then you want to send men with guns to my house to either take me away, or kill me (and possibly my wife and children and certainly our dog), right …


Notes for Wednesday – October 14, 2015

Safecastle (one of our loyal advertisers) is running a 35% to 51%-off sale on Lindon Farms Foods, until October 16th. o o o Today, we present another entry for Round 61 of the SurvivalBlog non-fiction writing contest. The nearly $12,000 worth of prizes for this round include: First Prize: A Tactical Self-Contained 2-Series Solar Power Generator system from Always Empowered. This compact starter power system is packaged in a wheeled O.D. green EMP-shielded Pelican hard case–a $1,700 value. A Gunsite Academy Three Day Course Certificate, good for any one, two, or three day course (a $1,195 value), A course certificate …


How to Use Paddle Wire for Survival by Prepper Ray

A couple of weeks ago one of my prepper friends stopped by and said: “Check this out” he hands me a small spool of green wire. I was intrigued, what is it? Trip wire? Snare wire? “It’s both and much more,” he said. After he told me a few of the ways it could be used, it became clear to me that Paddle Wire was the one missing component in my survival gear. If you don’t have a good supply of Paddle wire or never even heard of it, you wouldn’t be alone. Paddle wire is a low-cost 22 to …


Letter: Grain Milling Muscles

JWR and HJL: We bought a grain mill—the Wonder Mill Junior to be specific–from one of your advertisers and we are pleased with the purchase. However, I must warn my fellow readers that if you have bought one of these and just threw it on the shelf alongside your the stack of #10 cans and food storage buckets, then you made a mistake. Unless you regularly start your Ford Model T with a hand crank, then you are in for a morning-after surprise. This is another example of the importance of “practicing your preps.” A seven year old cannot turn …



Economics and Investing:

B.B. sent this Reuters article: Big U.S. firms hold $2.1 trillion overseas to avoid taxes: study o o o An interesting price comparison chart: Gasoline prices, worldwide. (Venezuela has the lowest price, at just $0.06 per gallon!) Items from The Economics Team: It’s Time to Start Talking about RECESSION Fed Seems Ready to Deploy Negative Interest Rates in the Next Crisis The Worst Slump in Commodities Prices Isn’t Over