Economics and Investing:

Karen H. kindly sent us the following items: Bank of America Posts Third-Quarter Loss on Defaults. “The idea that the financial crisis is over is a fantasy and it looks like the numbers bear that out,” GE Profit Falls 45% as Revenue Trails Estimated Buyers Suing Trump in Miami Condo Glut as Values Return to 1989 “There’s no recession in the real estate litigation community,” Focus growing on keeping the jobless in their homes. A Perfect storm’s brewing to cool petroleum demand. Items from The Economatrix: Workers Still on Job, But Making Half as Much Delaying Foreclosure Can Lead to …


Odds ‘n Sods:

Reader Mark K. sent a link to an interesting chart that shows the sources of state revenue. This could have a bearing on your choice of retreat locales. (As I’ve previously mentioned in SurvivalBlog, folks that want to truly “live off the land” need to consider property tax and sales tax rates carefully.)    o o o Chris mentioned this tidbit: Lone Star Energy: Why Texas Will Resist the Call for a Unified Grid.    o o o Reader HH sent this article: The Case For Withdrawing Nickels. It adds credence to my advice on stockpiling US five cent pieces …


Jim’s Quote of the Day:

“Anyone who clings to the historically untrue — and thoroughly immoral — doctrine that “violence never solves anything” I would advise to conjure up the ghosts of Napoleon Bonaparte and of the Duke of Wellington and let them debate it. The ghost of Hitler could referee, and the jury might well be the Dodo, the Great Auk, and the Passenger Pigeon. Violence, naked force, has settled more issues in history than has any other factor, and the contrary opinion is wishful thinking at its worst. Breeds that forget this basic truth have always paid for it with their lives and …


Note from JWR:

Today we present another entry for Round 25 of the SurvivalBlog non-fiction writing contest. 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 between $500 and $600, and B.) Two cases of Mountain House freeze dried assorted entrees, in #10 cans, courtesy of Ready Made Resources. (A $392 value.) and C.) A HAZARiD Decontamination Kit from Safecastle.com. (A $350 value.) Second Prize: A “grab bag” of preparedness gear and books from Jim’s Amazing …


Prepping for the Worst Case: Becoming a Refugee, by Dr. L.D.

I am unable to make my home self-sustaining.  So, unfortunately, my family will probably become refugees in a true SHTF scenario.  My focus presently is in becoming desirable refugees rather than shunned refugees.  The key is minimizing any negative impact (extra logistics of all sorts) and maximizing any positive impact (filling in weak spots) to someone that is geographically fortuitous.  I was challenged to figure out how a small family could best become a wanted commodity when food is tight and security isn’t. I determined the key for us was that everything carried needed to be dense in value. Density …


Letter Re: Preparations for Eyesight and Hearing

Mr. Editor: Just a quick note to follow-up regarding preparations for Eyesight and Hearing. I checked into lasik and contacts long ago (I am slightly near-sighted – too many hours staring into cameras and computers I guess). Although Lasik advances have come a long way, please be sure you talk to your eye surgeon at length before you commit to this serious expense. If you are near-sighted, a successful lasik procedure will improve your long-distance vision, but may impede your “up close” vision. I talked with my eye doctor at length about this, and after many questions he acknowledged that …


Economics and Investing:

Ex-Cop Loses Bank as Dutch Critic Spurs Withdrawals. (A tip of the hat to Karen H. for the link.) Jonathan H. flagged this: DOW 10,000!!!! Oh Wait, Make That 7,537. Jonathan’s comment: Due to reduced buying power, the current DJIA at 10,000 is equivalent to only 75% of when the DJIA went through 10,000 a decade ago. Additionally,back then $10,000 would have bought 30 ounces of gold; now its only 10 ounces. Items from The Economatrix: California Bank Becomes 99th Closure Financial Meltdown in the Decade of Greed Food Giants Cut Back on Size But Price Remains the Same Bankers …


Odds ‘n Sods:

Reader CPK pointed us to a video clip of an amazing snow vehicle concept from the 1920s that ought to be revived.    o o o Courtesy of Cheryl: Record October Cold Has Folks Scrambling to Winterize.    o o o Reader Phil E. suggested a fascinating account of Jews hiding out in caves in the Ukraine, during WWII, to survive the Holocaust. Greater detail can be found in the book The Secret of Priest’s Grotto: A Holocaust Survival Story.    o o o H.H. sent us this news blurb from oh-so-politically-correct western Oregon: Apartment residents told to take down …


Jim’s Quote of the Day:

“For what glory [is it], if, when ye be buffeted for your faults, ye shall take it patiently? but if, when ye do well, and suffer [for it], ye take it patiently, this [is] acceptable with God. For even hereunto were ye called: because Christ also suffered for us, leaving us an example, that ye should follow his steps.” – 1 Peter 2:20-21 (KJV)


Note from JWR:

Today we present another entry for Round 25 of the SurvivalBlog non-fiction writing contest. 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 between $500 and $600, and B.) Two cases of Mountain House freeze dried assorted entrees, in #10 cans, courtesy of Ready Made Resources. (A $392 value.) and C.) A HAZARiD Decontamination Kit from Safecastle.com. (A $350 value.) Second Prize: A “grab bag” of preparedness gear and books from Jim’s Amazing …


Square Foot Gardening, by N.C. Gardener

Everyone that has food storage should have a garden to supplement it.  For people that don’t have the acreage or live in cities a Square Foot Garden (SFG) is perfect. We need the nutrients and variety that can be provided with fresh fruits and vegetables.   Think how nice it would be to have a tomato sandwich with lettuce or make a small batch of fresh salsa.  Tomatoes, cilantro, salt and onions makes cornmeal go from cornbread to chips and salsa. The SFG web site has all the information you need to build and care for your garden. I also recommend …


Three Letters Re: Perspectives on Roughing It and Covert Car Camping

Hi Jim, That was a great letter from Jolly but I’d like to add a couple of things. Jolly says ‘never, ever’ sleep at an highway rest stop. I guess that depends on where you are. In the last few years Texas has built some absolutely beautiful rest stops with clean bathrooms, vending machines, etc. that are manned 24 hours a day. They encourage sleeping there (better that than fatigued drivers on the road). I asked the people at one if it would be okay to sleep in my car – they replied that yes, it would be perfectly okay …


Two Letters Re: Abandonment of the Dollar is a Premature Rumor

Dear Editor: This civil debate on the status of the Dollar–and thanks, by the by, for keeping things civil on your blog–all comes down to a matter of not “if”, but just “when.” The United States Dollar will soon be dead meat. Finis. See this article: Reckoning Day for US Dollar Coming Next Year. We just need to ask: will the[definitive] end [for the dollar’s dominant reserve status] come in six months, or six years? So, no matter when, I’m hedging by building up my stash of silver and lead. (The kind that goes “bang.”) Since I’m still paying off …


Economics and Investing:

Dollar hit on Fed’s signal of low rates. Meeting minutes show Fed has strong lean to more debt monetization. (Thanks to GG for the link.) Brian H. sent us a link to a piece in Zero Hedge. that quotes Money magazine: “Now 5 institutions hold 97% of the notional value [face amount] and 88% of the market value in derivatives, and they are all basically in the same business and all basically hedge with each other. It is not a true hedge when the other side can’t pay, and history has clearly proven how easy it is for the other …


Odds ‘n Sods:

Nona mentioned that the North Dakota State University Extension Service has plans for everything from bee hives and rabbit hutches to deep well water systems for your house, to vegetable cellars. You can download the 8-1/2″ x 11″ format plans as free PDF files, or order 18″ x 24″ blueprints for $4.    o o o The new AsaMom web site (“A Sisterhood of Mommy Patriots”) has been growing at a phenomenal rate, thanks in part to a prominent mention on the Glenn Beck program. Check it out.    o o o SurvivalBlog’s Editor at Large Michael Z. Williamson spotted …