Economics and Investing:

From Joan M.: Sen. Gregg Criticizes ‘Banana Republic’ Budget Proposal A quote: “The ranking Republican on the Senate Budget Committee warned on Monday that President Obama’s budget proposal will lead to unsustainable debt levels and send the country on a fiscal path resembling that of a ‘banana republic….called the deficit estimates attached to the budget plan “staggering,” and he warned that such deficits would trigger a national debt that amounts to “running your country into the ground.’” MVR sent this interesting perspective on the US Dollar and debt from Thailand: The real US financial crisis has yet to begin G.G. …


Odds ‘n Sods:

Just when you thought that you had all the eventualities covered: Komodo dragons kill Indonesian fisherman. (A hat tip to Tamara’s View From The Porch blog, for the link.)    o o o I was recently contacted by a producer with GRB Entertainment. She wrote: “We are currently looking for a travel expert/adventurer/survivalist who might be interested in hosting a television series. We need someone who is very outgoing and social while also having knowledge in survivalist skills. They can have a military background or just knowledge in the field and we’re preferably looking for a male around the age …


Jim’s Quote of the Day:

“These derivatives are the root of the credit crunch. Why? Unlike all other property paper, derivatives are not required by law to be recorded, continually tracked and tied to the assets they represent. Nobody knows precisely how many there are, where they are, and who is finally accountable for them. Thus, there is widespread fear that potential borrowers and recipients of capital with too many nonperforming derivatives will be unable to repay their loans. As trust in property paper breaks down it sets off a chain reaction, paralyzing credit and investment, which shrinks transactions and leads to a catastrophic drop …


Note from JWR:

Today we present another entry for Round 21 of the SurvivalBlog non-fiction writing contest. The contest prizes include: First Prize: Two transferable Front Sight  “Gray” Four Day Training Course Certificates. This is an up to $4,000 value! Second Prize: A three day course certificate from OnPoint Tactical. This certificate will be for the prize winner’s choice of three-day civilian courses. Third Prize: A copy of my “Rawles Gets You Ready” preparedness course, from Arbogast Publishing Round 21 ends on March 31st, so get busy writing and e-mail us your entry. Remember that articles that relate practical “how to” skills for …


Tantalum Tom’s Front Sight Extravaganza

About 250 people were there the recent week that I took the four day Defensive Handgun course at Front Sight. I was the only bozo who slept in their car outside their gates the whole four days. I couldn’t afford a hotel. That budget item was a “make or break” issue for my trip. I learned that a zero degree rated sleeping bag might be an overly optimistic rating. But, there is basically unlimited unimproved camping space there on BLM land. Bring your RV, or a much better sleeping bag for winter camping there. There is even a dirt airstrip …


Letter Re: Recommendation for the Book “One Second After”

Hello Mr. Rawles; I’m a long time reader of your blog. I would like to recommend a new novel called, “One Second After” by William R. Forstchen. It deals with an electromagnetic pulse (EMP) event which occurs in the United States. The author apparently consulted with military experts, and it has an afterword by Captain Bill Sanders, U.S.N., and the Foreword is by Newt Gingrich. Though the book is lacking in survival details, it does realistically convey the frightening impact on American civilization. The need for obtaining food is prevalent, and it does show the benefits of having a good …


Letter Re: Lessons Learned by the Victim of a Home Burglary

Jim, I’m writing you today after our rural home/retreat was broken into while we were at work. I thought it would never happen to me, Oh, was I so very wrong. First things first, thank you for convincing me to purchase a safe and after reading the suggestion many times in you blog I eventually bolted it down. This is the only thing that saved me from losing the safe and all of its contents. The Sheriff told me of another burglary where the didn’t have his very large (“they can’t move it–its too heavy”) safe bolted down and they …


Economics and Investing:

Lisa forwarded us the link to the PDF of a new think tank report: Manning the barricades: Who’s at risk as deepening economic distress foments social unrest SurvivalMama sent a great Schumeresque snippet from Brad DeLong’s Grasping Reality With Both Hands blog: Q: What if markets never recover, the assets are not fundamentally undervalued, and even when held to maturity the government doesn’t make back its money? A: Then we have worse things to worry about than government losses on TARP-program money–for we are then in a world in which the only things that have value are bottled water, sewing …


Odds ‘n Sods:

Thanks to Cheryl (aka The Economatrix) for sending this: How To Grow Strawberries At Home To Start Your Victory Garden    o o o The current huge popularity of gardening books (like the Square Foot Gardening book–presently #23 on Amazon.com), is obviously much more than just a seasonal blip. People are clearly getting quite concerned about the economy. So it is just a display of good old-fashioned common sense for folks to revert to self-sufficiency mode. I’m glad to see this happen. Two other popular books that are riding this wave of popularity are: Gardening When It Counts by Steve …



Note from JWR:

Today we present another entry for Round 21 of the SurvivalBlog non-fiction writing contest. The contest prizes include: First Prize: Two transferable Front Sight  “Gray” Four Day Training Course Certificates. This is an up to $4,000 value! Second Prize: A three day course certificate from OnPoint Tactical. This certificate will be for the prize winner’s choice of three-day civilian courses. Third Prize: A copy of my “Rawles Gets You Ready” preparedness course, from Arbogast Publishing Round 21 ends on March 31st, so get busy writing and e-mail us your entry. Remember that articles that relate practical “how to” skills for …


TEOTWAWKI Medicine and Minor Surgery–Part I: Ingrown Toenails, by Dr. K.

Introduction Onychocryptosis (ON-ee-ko-krip-TOE-sis), an ingrown toenail, is a very common problem that usually affects the big toe. This occurs when the corner of the toenail grows into the soft tissue on the side of the toe. This can cause pain, redness, inflammation, and even an infection. Signs of an infection are warmth and drainage of pus. Prevention and treatment of an ingrown toenail is relatively basic, and it is a valuable skill to have at TEOTWAWKI. Causes An ingrown toenail is caused when the nail curves down and grows into the skin at the nail border. The most common causes …


Letter Re: Jared Diamond Predicts the End of Cheap Oil and an 85% Global Population Decline

Mr. Rawles, I found this article informative. A quote: “Cheap, plentiful fossil fuels discovered in the last hundred years (or so) spurred a food bubble, which led to a population bubble. Cheap oil, in other words, created the temporary conditions necessary to support a runaway population explosion that is, without question, unsustainable without cheap energy.” Here is another quote: “complex civilizations are quite fragile, and short-terming thinking can easily doom a society or civilization to irreversible collapse.” The author believes that world population will be reduced to 1/7th of its current size in a post-oil economy. BTW, there are lots …


Economics and Investing:

Do you remember how back in 2007 I described commercial real estate as “the other shoe to drop..”? Matt B. sent this article on how it is indeed collapsing. “Elfin” spotted this: Fed Planning Inflationary Dollar Destroying 15-Fold Increase in US Monetary Base – and then things really go bad! G.G. alerted us to the new video and and audio clips of Peter Schiff speaking at the 2009 Austrian Scholar’s Conference: “Why the Meltdown Should Have Surprised No One”. G.G. notes: “This is very entertaining. Listen closely to last 15 or so minutes for Schiff’s description of what he sees …


Odds ‘n Sods:

Shades of The Magnificent Seven : Rural Mexican villages dig moats to repel gangsters    o o o JRH Enterprises is running another great sale on brand new AN/PVS-14 (Generation 3) night vision goggles. These are the genuine article!    o o o Alaskan volcano Mount Redoubt erupts. To my readers in Alaska and northern Canada: Got plenty of spare air filters for your vehicles? You may need them! (“Panic now, and beat the rush.”)    o o o The recent tragic death of several Oakland, California police officers illustrates that criminals don’t obey gun laws. (The shooter, Lovelle Mixon, …