Category: Odds ‘n Sods

The following video clip link was recommend by Richard at KT Ordnance. That manic CNBC TV market analyst Jim Cramer says “Just Walk Away” from upside down home loan situations. He also accurately describes the incipient “2 and 28” ARM home loan rate reset disaster. I have said before in SurvivalBlog: If people get sufficiently upside down in their mortgages in the midst of a recession, they will indeed pack up and abandon their houses, leaving their bankers to clean up the mess. Feel free to quote me on this prediction.   o o o Don’t miss out on the …

Matt B. sent us this bit of news that didn’t come as much of a surprise: Bear Stearns Declares Bankruptcy   o o o GDS flagged this: Climate Change Linked to Doubling of Atlantic Hurricanes   o o o Alfie Omega forwarded us this: $10 Million Fire at Spokane Fuel Depot a likely act of Muslim terrorists in U.S.

Ken McC. sent us this: German bank becomes first EU victim of U.S. subprime mortgage woes. Ken’s comment: “The economic problems are demonstrating a world wide effect.” Meanwhile, Thanks to SHTF Daily we read: Bear Stearns halts redemptions in third hedge fund   o o o Reader David P. recommended this data on diesel generators.    o o o The high bid is still at $300 in the SurvivalBlog benefit auction for a brand new Big Berkey water filter, kindly donated by Ready Made Resources. They are one of our most loyal advertisers. The auction ends on August 15th. Just …

From SHTF Daily: Four ways to prepare for a global financial crisis   o o o This Gun Free Zone video (recommended by Richard C.) provides a bit of comic relief.    o o o RMV forwarded us this: The Numbers Don’t Add Up for Baby Boomer Retirees. Here is a quote from the article: “Consider the outlook. From 2005 to 2030, the 65-and-over population will nearly double to 71 million; its share of the population will rise to 20 percent from 12 percent. Social Security, Medicare and Medicaid—programs that serve older people—already exceed 40 percent of the $2.7 trillion …

From Business Week, by way of SHTF Daily: Why Bernanke Won’t Save Investors   o o o DAV sent us this: Zimbabwe’s Leader Says He’ll Print More Cash. Good thinking, Comrade Mugabe! That ought to put a damper on the 5,000% annual rate hyperinflation!    o o o I just noticed mention over at the Kel-Tec Owner’s Group that Midway USA (not one of our advertisers, but a reputable company) currently has several different models of original Glock magazines on sale, including the 33 round “Glockamole” magazines. I don’t even own a Glock, but I just ordered 20 of these …

A brief follow-up to my July 10th post mentioning that iodine crystals and iodine solutions over 3% will be restricted in the U.S.: I just heard from my NAIS grassroots contacts that the DEA regulation will be implemented as of August 1st. That will mean that any of these products that are not already in the retail supply chain will be restricted. So this is your last chance to stock up on Polar Pure iodine crystals. I heard that Ready Made Resources only has about 275 bottles left in stock. They also have some one quart bottles of 10% Betadine …

Tom at CometGold.com flagged this piece: The Real Morons of Orange County Why America’s most reckless real estate investors come from Irvine, California. About a year ago, I coined a name for this crowd: contrapreneurs.   o o o The high bid is still at $300 in the SurvivalBlog benefit auction for a brand new Big Berkey water filter, kindly donated by Ready Made Resources. They are one of our most loyal advertisers. The auction ends on August 15th. Just e-mail us your bid.    o o o Courtesy of our friends at SHTF Daily: Europe in fire and water …

DV forwarded this one: Goldman Sachs guru warns of war-debt failure — Is America becoming a global credit risk?   o o o Thanks to B.H. for sending us this: Ammo Makers Prepare for Drop in Demand    o o o J. from East Tennessee Sterilizer Service sent us what might be the answer to the honeybee Colony Collapse Disorder (CCD) mystery: A Spanish researcher blames an Asian parasite    o o o The Army Aviator sent us this one: Economist: World Is One Hedge-fund Collapse Away From Crisis. The article begins:”The problems in the U.S. subprime mortgage market could …

RBS mentioned this interesting/frightening piece from the Dr. Housing Bubble Blog: The Foreclosure Story: What Does the Process Look Like?   o o o From NewsMax: Homeland General: Attack ‘Could Happen Any Day’   o o o A hat tip to Matt B. for this alert: Castleberry’s canned food recall.

Tom at CometGold.com sent us this article link: Italy set to bail out bank after huge derivatives losses. This is not the end of it folks. You can look for more much, much larger derivatives crises, in the near future, just as I warned you.   o o o DeFazio asks, but he’s denied access: Classified info – The congressman wanted to see government plans for after a terror attack   o o o From a Gander, Newfoundland newspaper come this editorial on the next depression: Unsustainable future. Hmmm, does somebody there read SurvivalBlog?

Reader Ben L. mentioned that the August issue of Popular Mechanics magazine is dedicated to theme of “Survive Anything!”   o o o There is another RWVA Appleseed high power rifle match and clinic scheduled for August 18th and 19th in Ottawa, Illinois. Don’t miss out on this training opportunity. The offer, great rifle training at a very reasonable price!    o o o While wandering that wacky world of Wikipedia, I was looking at the Wiki page for The Sarah Connor Chronicles (SCC) television series, trying to figure out why the link to the SCC Yahoo Discussion Groups Page …

From The Wall Street Journal: State Farm to Drop 50,000 Policies Of Homeowners in Coastal Florida OBTW, The Wall Street Journal is one of SurvivalBlog’s Affiliate Advertisers. They are currently running a special Wall Street Journal Print & Online Combination subscription offer: You get a one-year subscription to both editions of The Wall Street Journal plus an additional 8 weeks free, for $125 – a savings of over 70%. By using our The Wall Street Journal link when you subscribe, we’ll get a little piece of the action. Thanks!   o o o Murphy’s Law: Just one day after I …

Brian H. mentioned an interesting note from retired journalist Charley Reese regarding Swiss preparedness.    o o o Umpteen SurvivalBlog readers have mentioned the new proposed OSHA regulations on ammunition, gunpowder, and primers. Please get involved and write a few letters during the public comment period,.    o o o SF in Hawaii was doing some research on potable water storage and he found this low cost supplier for barrels, and this supplier for large tanks.    o o o Richard of KT Ordnance sent us the link to this entertaining and informative video: Chevy Pickup Truck Versus Various Brands …

Courtesy of our friend Tom at CometGold.com, comes this blog link: Is Mexico About to Fail?   o o o More on the commodities boom: The price of tin reached an all-time high early last week, at over $7 per pound!   o o o Vic at Safecastle is offering SurvivalBlog readers an opportunity to purchase a lifetime membership in the Safecastle Royal buyers club at half-price now through August. Simply enter the coupon code JWRMEMBER on the payment page in the checkout process, and your membership will cost just $9.50. That membership gets you at least 20% off and …

Reader Roger S. sent us an article by David McWilliams in Ireland: World’s financial community gives two fingers to the US. One note of clarification, however: The June 12th auction was of Treasury Bills, not Treasury Notes. The Auction on the 15th was Treasury Notes.   o o o From The Motley Fool’s UK edition, by way of SHTF Daily: It’s Heading For Crunch Time…    o o o Rob at Green Mountain Gear mentioned that he is continuing his special on HK91/G3 Alloy magazines in new, unissued condition. He has just a few 20-packs left. Rob notes: “Some of …