Category: Odds ‘n Sods

KAF sent us this follow-up article about the recent IndyMac bank run and closure: Chuck Schumer, bank killer. OBTW, I stand by my prediction (since 2007) that there will soon be widespread bank failures and runs. The global credit collapse has made them inevitable. JWR’s recommendation: Check up on your bank’s safety rating. Spread out your risk between institutions by opening numerous smaller accounts, and keep extra cash on hand! For many years, I have recommended Weiss Ratings (now part of TheStreet.com) as an information source for judging the safety of banks and insurers, for my consulting clients. Marty Weiss …

Krys in Idaho spotted this: World Bank’s Zoellick: Food prices high until 2012    o o o Cheryl sent us this troubling article over at The Market Oracle: Fannie and Freddie Credit Implosions Are Too Big to Bail Out    o o o Anyone that owns both an AR-15 and an FN 5.7mm pistol might be interested in the new 5.7 AR upper receiver groups made by FN. Apparently FN is finally now shipping them –unless this seller is marketing vaporware.    o o o Some Deep Schumer: IndyMac ‘Bank run caused by Senator comments’

Eric flagged this one: Britain urging return to wartime food frugality    o o o In doing research on dry climate gardening, Eric also came across a fascinating gardening technique called “Keyhole Gardening“    o o o SurvivalBlog warned you that this was coming: Fannie, Freddie shares in meltdown on insolvency fears    o o o Nate sent us the link to some commentary by Mark Gilbert at Bloomberg: Granddad, Tell How Capitalism Committed Suicide

Jesse and Eric both sent us this link to a WorldNetDaily article: Congress warned: U.S. risks ‘catastrophe’ in EMP attack. Eric asks: “Is your vehicle EMP safe? Do you have spare solid state bits stored in a Faraday Cage that is properly grounded? If you don’t then you could find yourself walking or pedaling. “    o o o The folks at CGW (one of our loyal advertisers) just launched a new updated web site, with more than 300 new products added to their already large inventory of gun parts, optics, knives, and tactical field gear. Some of the new …

Charles V. recommended this editorial by Craig R. Smith, the CEO of Swiss America: In the eye of an economic storm    o o o Readers Jerry S., OSOM, Korey, Nick, and Rob A. all sent us this: The Fannie and Freddie doomsday scenario–It’s time to wonder what would happen if Fannie Mae and Freddie Mac failed. Here is a telling quote: “‘If Fannie or Freddie failed, it would be far worse than the fall of [investment bank] Bear Stearns,’ says Sean Egan, head of credit ratings firm Egan Jones. ‘It could throw the economy into depression or something close …

Readers Josh W. and John M. both sent us this article link: Black Box Warning for Antibiotic    o o o Eric found this: As food costs soar, it’s back to basics for meal planners. Eric’s comment: “What a wonderful chance for folks to start learning about eating their food storage foods and saving money! I think about my friends who have hundreds of pounds of red winter wheat put up and no idea what to do with it – they have no [grain] mill and don’t eat whole wheat bread or whole wheat anything. As someone who has been …

Hawaiian K. pointed us to an article by Robert Silverberg, over at Asimov’s: The Death of Gallium. The Peak Oil crowd may be interested to hear about disappearing elements. The crux of the problem: Infinite demand, and finite supply. Reading this makes me want to go out and invest in Gallium, Hafnium, and Indium–the elements themselves, or mining companies.) Or perhaps I should go for the speculative gusto and invest in a deep sea vent mining company.    o o o Tim P. mentioned this piece over at WorldNetDaily: Congress examines EMP threat–Iran believed to test missiles for attack on …

A consulting client asked me what brand of AR-15 or M4gery that I’d recommend he buy as a secondary weapon. By coincidence, I had earlier that same day received a link from reader Bill N. that features a chart that shows which AR makers use full mil-spec parts. Before seeing that chart, I would have recommended Lewis Machine & Tool (LMT), but now it looks like Noveske Rifleworks has the edge. You may ask: Why not Colt ARs? I despise their concessions to political correctness–namely their over-grown lower receiver pins, weak chopped-out (half circle) bolt carriers, and their now perennial …

I recently had a consulting client ask me if I thought the credit crisis was over. Over? No way. Even after a year of credit contraction, we’ve only seen the first wave of the credit crisis. The entire global credit market is still spiraling into the abyss. The recent steep downgrades of MBIA and AMBAC (the folks that insure municipal bonds) are the latest red flags, showing another aspect of the problem. MBIA has been downgraded five grades to A2, and they are on “negative watch”. That is the term used when a forced liquidation is expected! The bottom line …

Reader KMA found a web site with photos of Antique Farm Tools dating from about 1600 to 1940 (chaff cutters, dibblers, flails, etc.). Though most are from England, Wales and Scotland, others from the USA are also included. Remember: Part of of our future lies in the past. Nineteenth Century technology is appropriate technology.    o o o Jack B. sent us this commentary link from The Economist: Bearish battalions. Continue to stay away from equities for the next few years, folks. They are a losing proposition in a credit-starved and slowing economy. As I’ve often said, if you want …

Luke Z. wrote to ask about a source for the bayonet socket light bulb adapters that I mentioned in my novel “Patriots: Surviving the Coming Collapse” (These adapters allow standard table lamps to be converted to use 12 VDC with either automobile tail lights or bayonet-base halogen lights.) They no longer seem to be stocked by Real Goods, but they are currently available from Kansas Wind Power. (Scroll down to item # L450.)    o o o I hope that this article isn’t just hype or wishful thinking: Engineer Gets 110 MPG Out Of ’87 Mustang. (A hat tip to …

Jack B. recommended a very interesting series of video clips from a seminar presented by economist Don McAlvany.    o o o Today is the last day for BulletProofME.com’s special sale on Interceptor Body Armor and Kevlar helmets, just for SurvivalBlog readers.    o o o Facing a soaring trade deficit and 25% annual currency inflation, the government of Vietnam has just banned gold imports. I guess that Vietnam’s bureaucrats failed Econ 101.The citizenry rushing toward the stability of gold isn’t the cause of economic trouble. Rather, it is a symptom of a horribly mismanaged currency. In the absence of …

Russ in Georgia sent an article link from Israel that reminds us that the threat of bulldozers should be considered when planning for defending your retreat. It doesn’t take much welding know-how for a miscreant to add a few armoring plates to a Cat. With this in mind, have you laid in a small supply of AP ammo? Let me clarify about the Federal law here in the US: There are no Federal restrictions on most “rifle” AP ammunition, but things get complicated for ammo that can also be fired through some pistols. Pre-ban manufactured AP “pistol” ammo is legal …

Reader Ben M. recommended a BBC article on the international banking crisis. They talk about UBS, announcing further losses on top of their $37 Billion worth of losses that were already announced. A key quote: “We haven’t hit the bottom yet,” warned Zhang Xiuqi, from Guotai Junan Securities.    o o o Eric found this article: Ethanol-free gas outlets growing daily. Eric’s comment: “Having just hoisted six 5-gallon gerry cans into the e-85 vehicle I drive – as I’m rotating my storage fuel – this article is making me concerned. Guess we’ll see in the next few days.”    o …

WB in Texas mentioned a book review of the now-classic $50 and Up Underground House Book, written from the perspective of a reviewer that has actually built one of his own.    o o o Jack B. flagged this article from Pakistan: Oil-fired budget to skyrocket inflation. Jack’s comment: “Economic woes in Pakistan are just another red flag in the soon to be world wide crunch! Like ripples in a global pond, country after country reverberates with like stories.”    o o o Eric found this article from the UK: It used to be deer poaching, now rural gangs move …