Economics and Investing:

More trade war rumblings: China Condemns U.S. Tariffs on Tires as ‘Protectionism‘. (Our thanks to KAF for the link.) Reader Laura H. mentioned: In 2009, US public debt will be approximately 90% of GDP “In 2009, US public debt will be approximately 90% of GDP. It will quickly approach and surpass 100% of GDP in the near future.” Items from The Economatrix: Getting Better Bargains Easier in this Economy Government Home Loan Agency Faces Cash Squeeze. “The Federal Housing Administration said Friday that its financial cushion will sink below mandatory levels for the first time in its history, but officials …


Odds ‘n Sods:

An average of once per day, I get forwarded “warning” e-mails about two essentially mythical legislative threats: SB-2099 and HR-45. Let me clear up some misunderstandings: SB 2099 is dead in committee, and is a piece of Illinois state legislation (not Federal), with no co-sponsors. HR-45 (a.k.a. The Blair Holt bill) is an actual bill before the US House of Representatives but it is similarly dead in committee, with no co-sponsors. (See the last two paragraphs of its Snopes article. BTW, I consider it horribly disingenuous of the leftist Snopes editors to bury this information at the bottom of the …



Linda Rawles Memorial Fund Donations

Before her recent death, my wife Linda (“The Memsahib”) asked that any memorial donations be made to her favorite charity, Anchor of Hope Charities, the main sponsor of the Anchor Institute, a Christian school and orphanage in rural Zambia. It is a very deserving charity, with hardly any overhead expenses. You can make a tax-deductible donation via PayPal, credit card, or by check. See the via PayPal/credit card page, or the mailing address for checks at the Anchor of Hope Charities Donation Page. Thanks for supporting this worthy charity! May God Bless You.


Economics and Investing:

Pete A. spotted this one: Map: Household incomes by state. Look for some coming shifts in this map as the recession cum depression deepens. I think that the steepest declines in come will be on the coasts and in The Rust Belt. But a lot of my Recommended Retreat Areas may do better. From Krys W.: US credit shrinks at Great Depression rate prompting fears of double-dip recession Items from The Economatrix: Money Market Funds No Longer Guaranteed. “… the US Government will no longer guarantee Money Market Funds. The key points are that the smart money is getting out …


Odds ‘n Sods:

A reader mentioned a new web site that is worth a look: The Biblical View of Self-Defense    o o o Andrew D. suggested this from Popular Mechanics: Off-the-Grid Living – Self Reliance Through Home Solar and Wind Power and Farming    o o o FG flagged this: Sheriff’s Department Responds to Sonic Device Outrage. Another article notes ” The device was stationed by San Diego County Sheriff deputies at a recent town hall forum hosted by Congresswoman Susan Davis (D-San Diego) in Spring Valley and at a subsequent town hall with Congressman Darrell Issa (R-San Diego).” [JWR’s comment: I …



Note from JWR:

Thanks for all of your prayers, in our family’s time of profound grief. I’m presently doing my best to cope, but I’m still in the “bouts of sobbing” stage. If it were not for the certain knowledge that Linda (my late wife) is in heaven, and awaits reunion with all of Christ’s elect, then I’d be totally distraught. Today we present another entry for Round 24 of the SurvivalBlog non-fiction writing contest. It was written by a US Border Patrol agent. First Prize: A.) A course certificate from onPoint Tactical. This certificate will be for the prize winner’s choice of …


Bug Out and Refugee Considerations, by Brad T.

I’d like to shed some light on what it might be like to move across an unfamiliar area without money or adequate supplies. This might come in handy when you have to bug out following a natural disaster or other societal disruption. It might provide tips on how to avoid apprehension or detection while traveling. In addition, it might help you in determining a place for your retreat and anticipating refugees. Finally it might prepare you for some of the emotional and physical stresses you will face if you find yourself bugging out. I live on the US Mexico border …


Economics and Investing:

U.N. calls for replacement of U.S. dollar; Joins Russia, China and G20 with demands IMF step forward (Thanks to Laura H. for the link.) Reader John M. suggested a Market-Ticker link that clearly describes the urgency of the financial situation: Warning: Deflationary Collapse Ahead. Items from The Economatrix: Derivatives Still Pose Huge Risk, BIS Says How the Collapse of Lehman Bros. Averted a Second Depression Geithner Exaggerates US Government Retreat Natural Gas Prices Spike 12% (Even with warehouse tanks bulging!) Stocks Subdued Amid US-China Trade Tension Wall Street Crisis One Year Later: Lehman, WaMu Lead List of Biggest Bankruptcies Wall …


Odds ‘n Sods:

Tamara (of the always entertaining View From The Porch blog), linked to this: The Plow, The Surplus, and The Idiot. Don’t you know how cruel honey is, people? [Sarcasm Mode On: “Oh, those poor imprisoned bees! And wool? Totally cruel, like, all those poor cuddly sheeps and sheeplings, all senselessly slaughtered just for their wool coats. You know, we should just think of them as taller baby fur seals. The barbarity of wool harvesting must be stopped. The world would be a better place., Oh, and Naugahyde, too. All those little Naugas, butchered for their hides, by greedy, cruel capitalists!” …




Influenza Pandemic Update:

UK: Critical Care Doubled for Return of Swine Flu Tens of Millions Could Get Swine Flu in China Scientists Warn Over Swine Flu Potency Maine Governor Declares Swine Flu Civil Emergency Nurse Refuses Mandatory Flu Vaccination Why Won’t Healthcare Workers Take the Swine Flu Vaccination? Scotland: Mobile Morgues for Swine Flu Dead


Economics and Investing:

Wow! Take a look at the latest market tickers for spot silver and spot gold. We might soon witness some profit-taking that could temporarily drive silver back to the $12 per ounce range. But consider that a buying opportunity. The next leg up will probably be in November, when The Chartist Gnome predicts silver over $18 per ounce and gold over $1,070. For those that already have bought metals: Do not attempt to “time” such a volatile market. Just hang on, and as the Gnome says, “Be ready for a roller coaster.” Items from The Economatrix: The Ghost Fleet of …