Economics and Investing:

Veteran content contributor B.B. suggested this piece at Zero Hedge: How and Why Banks Will Seize Deposits During the Next Crisis o o o Mac L. spotted this in The Wall Street Journal: Once the Biggest Buyer, China Starts Dumping U.S. Government Debt o o o $3 trillion corporate credit crunch looms as debtors face day of reckoning, says IMF Items from The Economics Team: If you don’t like who I am, you won’t like what I do! (Zero Hedge) $45 Billion in Chinese Construction Projects Delayed (Reuters)


Odds ‘n Sods:

J.B.G. sent this: ‘For the Record’: How Hackers Can Use the ‘Smart Grid’ to Cause a National Disaster o o o Tim J. sent this: Obama’s refugee resettlement plan could stir battle with states o o o It is said that it is a waste of time to ever “sit and watch the hourglass”–that is, to simply mark the passage of time. But I suppose there are exceptions. o o o The Golden Horde of Golden Week: World’s Worst Traffic Jam? Thousands of Cars Left Stranded on Motorway in China. (Includes a brief video clip.)


Hugh’s Quote of the Day:

“[[To the chief Musician upon Nehiloth, A Psalm of David.]] Give ear to my words, O LORD, consider my meditation. Hearken unto the voice of my cry, my King, and my God: for unto thee will I pray. My voice shalt thou hear in the morning, O LORD; in the morning will I direct my prayer unto thee, and will look up. For thou art not a God that hath pleasure in wickedness: neither shall evil dwell with thee. The foolish shall not stand in thy sight: thou hatest all workers of iniquity. Thou shalt destroy them that speak leasing: …


Notes for Friday – October 9, 2015

On October 9th, 1967, Che Guevara was executed by the Bolivian army on orders from Bolivian President René Barrientos. 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 from …


Economics and Investing:

Silver Coin Premiums Soar Above 50% o o o Coming Soon: QE 4 o o o German Central Bank Publishes Gold Bar List. JWR’s Comment: I find it curious that while at the same time that governments and central banks berate gold as a “barbarous relic” that is entirely disconnected from their monetary policies, they seem quite concerned with keeping big piles of it, under lock an key. Items from The Economics Team: Greece Could Return to Bond Markets Soon After a Restructuring of its Debt, Tsipras Says (Wall Street Journal. Subscription required for full text) Question: What does Tsipras …


Odds ‘n Sods:

Anyone considering relocating to Michigan should take a look at this web site: HouseworthRealty.com. Doug Houseworth (yes, that is his real name) has pre-screened two different MLS databases in Michigan, looking for ideal retreat properties. o o o G.G. flagged this: Private database lets police skirt license plate data limits o o o UN delay could open door to robot wars, say experts o o o J.B.G. sent us this link: The ‘doomsday’ weapon that could wipe out 90% of Americans: Eccentric tech millionaire and presidential candidate John McAfee says country is ‘ill prepared’ for electromagnetic attack o o o …



Notes for Thursday – October 8, 2015

October 8th is the birthday of economist and libertarian commentator J. Orlin Grabbe. (Born, 1947, died March 15, 2008.) 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 from …


Mike Williamson’s Observations on College Campus Mass Shootings

I received the following forward of an State University of New York (SUNY) e-mail memo from a friend: Subject: Reminder: SA All-Staff Meeting, October 7, 2015 Dear Colleague, This is a reminder of the Student Affairs All-Staff meeting scheduled for tomorrow, Wednesday, October 7, 2015 from 2:00 – 4:00 p.m. in [Meeting room name redacted] At this meeting, we will discuss the recent Town Hall Meeting regarding safety on campus. We will also discuss steps we might take regarding improving the perception of safety on campus. Please be reminded that All-Staff meetings are required events for professional staff; however, all …


Economics and Investing:

Inflation Watch – Butter Prices Hit All-Time Record High o o o Record 94,610,000 Americans Not in Labor Force; Participation Rate Lowest in 38 Years Items from The Economics Team: How Bad Can It Get? …and How Fast? (Zero Hedge) World’s Largest Shipowners Looking to Get Out of Greece (Zero Hedge) Government can’t tax an economy into prosperity! Chinese Execs Feel the Chill (Reuters) Is China growing at 7%? Really???


Odds ‘n Sods:

Reader Rob L. recommended this book: 52 Prepper Projects: A Project a Week to Help You Prepare for the Unpredictable o o o Jason in Montana suggested this alternative to a crockpot slow cooker, especially for people who live with an alternative power system: The Wonderbag o o o Paul Caron: Supreme Court Justices Get More Liberal As They Get Older o o o “The White House confirmed that President Obama was preparing a series of executive actions on gun control…” It seems to me that there are several possibilities: One might be an import ban on detachable magazine semi-auto …



Notes for Wednesday – October 7, 2015

On this day in 1985, the Italian cruise ship Achille Lauro was commandeered by Palestinian terrorists. 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 from onPoint Tactical. This …



Economics and Investing:

Just like clockwork, Spot Silver is emerging from the regular summer doldrums. It is noteworthy that the physical market is now very far removed from the spot and futures markets. There is a huge shortage of silver coins and small bars, and dealers are commanding huge premiums above spot. With spot silver now around $15.60 per ounce, you will be lucky to find even generic one-ounce rounds selling for less than $22 each, and U.S. Mint American Eagles are a couple of dollars more. o o o Record ATM Fees Rise Toward $5 o o o Jim Willie: Checkmate! In …