The MOAB Expands Yet Again: Five State Governors Seek $1 Trillion from Uncle Sugar

Back in November I reiterated my point that the Mother of All Bailouts (MOAB) would know no limits. One of my specific warnings was: “The States – Some 29 of the 50 states are reporting budget crises. Lo an behold, most of the hardest hit states are those with bloated Nanny State bureaucracies. No surprise there. The states that had the worst fiscal management, of course, will get the biggest share of the taxpayer funds. Those that were fiscally conservative will get nothing.” A recent wire service headline confirmed that prediction: U.S. governors seek $1 trillion federal assistance.The article begins: …




From the SurvivalBlog Archives: Survival On a Shoestring Budget

I often get e-mails from readers claiming either directly or indirectly that preparedness is “only for wealthy people”–that working class people cannot afford to prepare. That is nonsense. By simply re-prioritizing your budget and cutting out needless expenses (such as alcohol, cigarettes, convenience foods, and cable television) almost anyone can set aside enough money for a year’s worth of storage food in fairly short order. It is amazing what can be done with hard work, ingenuity, and very little money. While I do not endorse interloping on public lands nor do I suggest that you live like a hermit, the …




Three Letters Re: The Best College Degrees for the Next Depression?

Dear Jim: Why go to college at all? Speaking as a college graduate, unless you are getting a technical degree, you would probably learn more apprenticing in a real business that interests you, and studying on your own and taking courses part time. When you need to apply knowledge right away, motivation is high, and the lesson really sticks. Bonus – you avoid 4 years of immersion in (and contributing to) a politically correct cesspool – often intellectually dishonest to boot. For some professions you do need a degree for technical knowledge. But most of the time a degree is …




From the SurvivalBlog Archives: Inflation–Past, Present, and Future

It has been said that nothing is inevitable except death and taxes. But personally, I add inflation to that list. Inflation is an insidious hidden form of taxation We’ve been robbed! According to The Inflation Calculator, what cost $100 in 1905 would cost $2052.36 in 2005. The U.S. dollar has lost 95% of its value in that time. (If you were to buy exactly the same products in 2005 and 1905, they would cost you $100 and $4.87 respectively.) The inflation rate jumped considerably in the 1960s and 1970s. It is no coincidence that the U.S. Treasury stopped minting real …




Two Letters Re: Jerry Cans Killed Nationwide by California Political Correctness

Mr. Rawles, I just wanted to get the word out to all that have not heard yet, all non-CARB (California Air Resources Board)-approved fuel cans will be no longer be sold nationwide [in the US] after January 1, 2009. That means you will not be able to buy any more of the ever-so-useful NATO gas cans to store fuel in and I assume any other fuel can that does not meet this new regulation. I know this is a little late to post this, I just found out myself a few days ago. I talked to Maine Military Surplus this …




Letter Re: The Best College Degrees for the Next Depression?

James, longer this [economic death spiral] goes on, the more it looks like this is going to be at least a decade before normality returns. So, if you’ve got a teenage kid you’re probably thinking, what kind of career (assuming we don’t totally melt down at a societal level) path he or she should take… I was talking to someone the other day and he told me his kid was studying art. “Oh, I asked, is he any good?” He replied “No, not really.” This family man is spending good money, money that could be put into preparations into a …




Two Letters Re: What Are the Best Magazines for Investment?

Jim Here’s my feeling on what pistol mags to obtain. Obviously, if you have a high capacity handgun, it behooves you to have at least ten mags for it. I actually have 30 Glock Model 19 mags since I already have one and contemplate picking up another that a friend wishes to sell. I’m also trying to pick up Glock 17 mags, even though they stick out the bottom of my G19. I really want a Glock 34 long slide 9mm, and figure that the only way I may be able to get mags for it down the road is …




Letter Re: Winter Solstice Slam 2008–Observations from the Pacific Northwest

Hello Jim: I send this to you from the snowy Seattle, Washington metropolitan area where we are digging out of a fairly impressive storm of snow and icy temperatures that have plagued an unprepared area. As a cop and a Preparedness Oriented Person (POP), I have been watching the lead up to and duration of this weather event. Here are some observations: Advance Warning & Notification Folks in these parts complained that there was little warning of the impending snow event. Some stated that since weather forecasters were often wrong, they would be wrong about this. When you had local …




Letter Re: What Are the Best Magazines for Investment?

Dear JWR: I took your wise advice posted in the blog back in October and stocked up on magazines for all my guns. I ‘ve even bought some mags [for other guns] that I just plan to buy, such as M14 magazines for my eventual super match M1A buy. But what I’m thinking is, I should also do is by even more magazines just “on spec”, knowing that with Obama coming in[to office, that] a ban of some sort is more likely that not. What types/model high capacity magazines would be best to invest in, for the most possible gain? …




Fear and Loathing in America’s Age of ZIRP

You’ve surely heard by now that the Federal Reserve has effectively lowered interest rates to zero. Obviously having learned nothing from the mistakes of Japans’s decades-long recession, Ben Bernanke & Company have instituted their own Zero Interest Rate Policy (ZIRP). By artificially lowering interest rates, many economists predict that the Fed will actually delay economic recovery for many years. ZIRP was a failure for Japan, and I predict that it will be a spectacular failure for the United States. The Fed could, in fact, lower interest rates below zero, to the so-called “Super Zero” range. Such absurdities are not impossible …




Letter Re: A Company Layoff Underscores the Need to Be Well Prepared

Jim, What a surprise my wife and I received at work yesterday. My wife and I work for the same manufacturing company and after two banner years and a huge Christmas bonus the company is reducing everyone to 20 hours a week. The company we work for is a total “team oriented” place to work and if one person gets a bonus we all get a bonus and the same is true when it comes to layoffs. While our company sets and exceeds the world standard for what we do many of the companies we are dealing with are unable …




Letter Re: Speeding Coyote Hunters Arrested in Illinois

Jim, I enjoy reading your blog and have improved my preps exponentially since I began following you. I don’t know how many dozens of [telephone] consultations you do annually, but you and I spoke for an hour earlier this year. I live on Long Island, if that rings a bell. I feel that it was money well-spent. The post on vehicle stops was informative. You mentioned Boston T. Party’s “Boston’s Gun Bible” as a reference source. I have read all his books, fiction and non-fiction alike, and found him to be both entertaining and informative. If I may, I suggest …




Three Letters Re: Speeding Coyote Hunters Arrested in Illinois

Jim I went to college at Western Illinois University [WIU] and now live 30 miles from there. I don’t know much about the guys that got arrested but I can give you some info on Illinois gun laws. No NFA [“Class 3”] items are allowed except for possibly AOWs. I have heard conflicting reports on AOWs, but know for sure that “silencers” (sound suppressor) are illegal under the state law. As for transporting guns, all guns must be unloaded and inside of a closed case. This goes for handguns and long guns. And no a glove box, center console, or …




Call Me Delusional, by Edgar J. Steele

The following is an e-mail I sent three weeks ago to a small group of exceptionally-forgiving friends of mine, in which I pre-announced my hunch that things have changed fundamentally in the precious metals (PM) markets: There are lots of possible reasons: options expiry last week, new administration coming, new econ[omic] team (same as the Clinton econ team, which ran the [Plunge Protection Team] PPT into overdrive), China going into recession, Motor City going BK, a need to devalue the dollar in the face of global recession, shorter hem length, planetary alignment… Fact is, though, it is just a hunch. …




Letter Re: Speeding Coyote Hunters Arrested in Illinois

Mr. Rawles, I came across this today, and thought you’d be interested: Police: WIU students arrested with cache of weapons. The key points are: 1.) They were stopped for speeding and their truck searched 2.) Both men had gun permits 3.) They were arrested for possession of firearms and ones’ home searched 4.) Both are now facing legal battles – [even though] no laws [other than the speed limit] have apparently been broken Blessings & Good Health, – Christine JWR Replies: A few of my observations: Did you notice the box for the FN FS2000? It looks like they had …