Economics and Investing:

QE2: Many Americans Haven’t a Clue What It Means (Video)

OBTW, they also don’t know what “Keynesian” means. (Another brief video)

More Mainstream Media Nonsense: US Federal Reserve Decision Expected to Boost American Economy

B.B. sent us this: Freddie Mac Says Net Loss $4.1 Billion

Items from The Economatrix:

It’s All About The Dollar

US Pensions Reaching A Breaking Point?

US Federal Reserve’s Latest Bubble Threatens Mayhem

Fed Expected to Pump Up to $1 Trillion Into US Economy



Odds ‘n Sods:

Jim C. spotted this: The BBC bunker they don’t want you to know about.

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Greg W. recommended an article on inclement weather performance of American arms in Korea.

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Reader Rick H. a link to a web page that describes how to make 9 volt DC LED flashlights. Rick added this proviso: “When soldering the LEDs try to use a low wattage soldering iron (30 watts or less) and use a couple of small clip-on heat sinks, alligator clips, or crocodile clips (for our British cousins) to protect them from thermal damage.”





Note from JWR:

Today we present another entry for Round 31 of the SurvivalBlog non-fiction writing contest. The prizes for this round will include:

First Prize: A.) A course certificate from onPoint Tactical. This certificate will be for the prize winner’s choice of three-day civilian courses. (Excluding those restricted for military or government teams.) Three day onPoint courses normally cost between $500 and $600, and B.) Two cases of Mountain House freeze dried assorted entrees, in #10 cans, courtesy of Ready Made Resources. (A $392 value.) C.) A 9-Tray Excalibur Food Dehydrator from Safecastle.com (a $275 value), D.) A 500 round case of Fiocchi 9mm Parabellum (Luger ) with 124gr. Hornady XTP/HP projectiles, courtesy of Sunflower Ammo (a $249 value), and E.) An M17 medical kit from JRH Enterprises (a $179.95 value).

Second Prize: A.) A “grab bag” of preparedness gear and books from Jim’s Amazing Secret Bunker of Redundant Redundancy (JASBORR) with a retail value of at least $400, B.) A $250 gift card from Emergency Essentials, and C.) two cases of Meals, Ready to Eat (MREs), courtesy of CampingSurvival.com (a $180 value).

Third Prize: A.) A copy of my “Rawles Gets You Ready” preparedness course, from Arbogast Publishing, and B.) a Royal Berkey water filter, courtesy of Directive 21. (This filter system is a $275 value.)

Round 31 ends on November 30th, so get busy writing and e-mail us your entry. Remember that articles that relate practical “how to” skills for survival have an advantage in the judging.



Forecasting the Weather in a Grid-Down Situation, by the Old Farmer

I love satellite radar in real time. I’m a big fan of NOAA‘s weather alerts and a unit sits in our kitchen next to the old-fashioned pilot-light gas stove. But over the years I’ve learned a couple of things. One, they’re never completely right, and two, it all depends on technologies we might not have in the not too distant future. I could maybe add a third, just a theory of mine, that computer weather models are based on prejudices that might not be entirely true, like global warming. That could mean that the forecaster is assuming a kind of weather pattern nature isn’t going to dish out.

Weather is my companion. Watch it, smell it, guess at it, pray for changes in it, live in it, that’s all part of a farmer’s life, and I’ve learned to add my observations to whatever is coming out of the forecasters’ mouths. Here’s a summation of my experiences.

Wind Direction

Weather travels on the wind. In the US, this is West to East, following the jet stream, a pattern that has notorious dips from time to time. I live in the Northeast, so I’ll use anecdotes from my area. You’ll have to gather some from your area, and this isn’t hard to do it you’re observant, and if you take the time to talk to old timers. When JWR prints this, maybe other folks will add their wisdom.

Weather from the nor’west is generally fair; weather from the southwest/east is not, and weather from the nor’east is usually bad. So the first thing you’ll need is a good compass. Train yourself to know the compass directions in the area where you live. You’ll find after a while you can remember what they are. For those who have never paid much attention but are learning to do so now, remember “the sun rises in the y’east”, traverses overhead, or in the southern sky, and sets in the west. If you’re watching the dawn you’re facing east, north is on your left and south on your right.

If you simply stand still, you can see how clouds are moving against stationary trees or stars. Don’t assume that if it’s coming out of the west when you get up to do the morning chores it will stay that way. Wind shifts have meaning. So you may want to have some way of measuring: a wind sock, flag, weathervane. Smoke in the winter is a classic way of telling wind direction. Just be sure that you’re away from any structure that would cause a false wind tunnel, such as two tall buildings. Get into the habit of checking from time to time. For me, this is just SOP.

Weather patterns may change seasonally. In the summer and fall in our area, tropical storms coming from the south will bring warm, and sometimes torrential rains, but in winter the nor’easters are more likely, snowstorms or blizzards coming off the water.

Cloud Formations

These are really worth knowing. Observe them at dawn and dusk, then as they change during the day. I like this forecasting cloud chart because it has pictures of the formations condensed on two pages that I can pin to a wall.

Since clouds are made of water particles, they reflect color and that can tell you a lot about what’s coming when you see them at dawn and dusk. The wind direction works in tandem, though. Just knowing the cloud formation isn’t enough. For example, the last hurricane that passed our way missed us by about 80 miles. Since we’re preppers, we topped off our preparations, but as I was watching the clouds in the evening I saw dark, boiling, low gray clouds moving overhead. Normally these (called cumulonimbus mamma) mean bad weather right away. But the wind direction was from the west. With careful observation, I could catch sight of some blue sky in between the threatening patches. Swirling clouds were coming off the coast (a little hint of salt in the air) but were being kept at bay by westerly winds. In fact, we never even got needed rain from that system. So just a cloud formation is only part of the equation.

Become familiar with some of the well-known ones: the ‘mackerel scales’ formation, high ice clouds called cirrocumulus that break up as they move, forming the ‘scales’. If the wind is from the south, there could be rain in 15 to 20 hours, maybe less. Precipitation is likely if you see the undulating forms of altocumulus undulatus, like bands of dirty gray cotton, but once again, the wind needs to be NE to S. Cloud covers that make the whole sky white or gray-white usually mean precipitation of some kind, and so on. Those of you who have often looked at the sky will enjoy knowing the names of these formations and for others, it will be a learning curve.

Other Signs

When growing food depends on rain, or knowing if snow will endanger travel, other signs are important in the mix.

  • The smell of the air. I know, this sounds a little hokey, but other farmers will know what I mean: the sooty or iron taste of air that comes ahead of snow. A salty smell of storms coming off the water. The increased humidity and heaviness in the air the precedes foul weather like thunderstorms and tropical depressions.
  • Sky colors before frost or the arrival of a cooler trend. We all have seen the definite line of clearing or approaching clouds called a ‘front line’. When this happens and the color of the clearing sky is almost a pale green, cooler weather is on the way. ‘Apple green west’ is how I remember it, but sometimes it’s seen in other quadrants, too. In a clearing atmosphere in the fall, it’s a good sign of frost to come. I’m speaking of sky colors under normal conditions. If there’s a major volcanic event, there will be spectacular sunsets for some time, at the least, because of particles in the air.
  • And of course, there’s that sickly greenish tinge of the sky in a bad storm that everyone who’s ever lived in a tornado prone area knows and hates.
  • radiation cooling. This means clouds have cleared and as night falls there’s nothing to trap the warmth near the earth so it’s more likely to be frosty and/or colder than if there was a cloud cover. Very clear, pin-point stars mean there’s not much humidity in the air. Fuzzy, ‘close’ looking stars mean more humidity is present.
  • Rainbows around the moon. This is not a sure portent of precipitation, but it does mean there are water crystals in the atmosphere. In winter I look for this as an early predictor of snow, but it must be taken with wind and cloud formations.
  • animal behaviors. A bad winter storm is always proceeded by animals trying to get food packed in before they have to wait out a storm. If you have a songbird feeder, you know this behavior. When species that are normally in competition seem to be feeding together, just dead-set on getting food on board, look out
  • A sudden change in temperatures. You’re working outside and it’s hot and still. Then you feel welcome, cooler downdrafts lifting your sweat-soaked hair. The wind starts to pick up, and you notice that under the clouds the temperatures are lower, more than shade accounts for. This is a good time to batten down the hatches, close the barn door, get the livestock in, because with the right wind direction, there’s severe weather coming, maybe a tornado or hail. The clash of warm and cold is what causes severe storms.

Predicting The Amount

This is tricky, I admit. But the last few years I got tired of the hype over inches of snow and started paying attention to what I could observe, and the signs of nature always pointed right. Maybe it was just a couple of good years of guesses. But this is what I looked for: the right wind direction. Heavy overcast that got more white/gray. Temps at freezing or lower. Increased bird activity. Small flakes at the onset of snow that don’t get larger. Increasing winds. Generally, small, cold, stinging flakes mean business. Larger flakes mean the upper atmosphere is warm and they’re sticking together, so there will be more melting and probably less accumulation. If the temperature is also rising, it will end with rain.

If the temperature is going down and the snow mixes with ice pellets, freezing rain or a nasty mix can be the result, but there won’t be a foot of snow. Remember, 1 inch of rain equals 10 inches of snow at 32 degrees, so whatever rain or melting you get lessens the accumulation.

Better Safe Than Sorry

In our techno world people get into warm cars in light clothes and go off on their Michelin tires with all-wheel drive and expect to get to their warm, lighted destination without a hitch. I hope the increasingly severe weather patterns have ground some sense into a few folks here and there. Once you know the signs, wind directions and cloud formations, pay attention to them. It could save your life to not go into the woods before a bad storm, or try to travel when the snow looks like it means business. As the economy worsens, we’ll be seeing less frenetic sanding and plowing to keep everybody getting to karate lessons. And that, my friends, is when it’s best to crank up the (non-electric) wood or coal stove, dip into the deep larder, and stay home.

A Real Time Exercise

NOAA has predicted a nor’easter within 36 hours. Use as an exercise to hone your weather forecasting skills. (Actual weather event, Oct. 13 – 15) I’ve used EST rather than military time for the exercise.

  • 8:00 AM, initial observation: Clear. Perfect day, bright, sunny. The sky is a deep, brilliant blue. It’s hard to believe bad weather is on the way. Set barometer.
  • Evening, 12 hours later. Cooler temps, stars brilliant. Haze around half moon, however.
  • Midnight, bobcat in vicinity. Checking our birds, notice a little ground haze but stars still clear.
  • Morning, 24 hours later. Still clear, quiet. Some clouds coming from West. ‘Mackerel scale’ formation noted in W sky. Clouds are moving fast but are light, almost filmy.
  • 12:30 PM, traveling back from an off-farm job. Noticed more clouds, some cumulus in distance, wind still westerly.
  • 2:00 PM, working on farm, note wind shift to due South. High and low clouds moving, still patches of blue. Seems to be less bird activity than usual, especially for migration season. Wonder if they’ve moved on ahead of an approaching storm? Humidity seems higher.
  • 3:00 PM, wind gusts strong enough to blow papers, fitful. Sky is now completely white in the upper atmosphere(altostratus translucidus) with fast moving gray clouds below. No more glimpses of blue. Some shift to SSE.
  • 6:00 PM, first light rain begins.
  • 10:00 PM, heavier rains. Still no wind. Barometer down slightly.
  • 12:30 AM, Heavy, straight rain. Some wind can be seen tossing the tops of trees against a pearl gray sky (remember, there’s a half moon over all this.)
  • 2:00 AM. Not much in the way of wind. If it was a real nor’easter, the east window screens would be clotted with snow or obscured with caught rain. They’re clear. My analysis is that this storm is passing too far to the E to really impact us.
  • 7:30 AM – Barometer has dropped almost 5/10ths. The low has passed us or is passing. We got an inch of rain. Skies are clearing, there’s little wind. Turn on NOAA to learn that this storm did pass to the E and will hit Maine. Higher gusts are forecast behind the storm – let’s see if we get them…

This is the second storm to pass to our E after a big buildup by media outlets. NOAA seems more conservative but sometimes they are dead wrong. Since we get our blizzards as nor’easters and hurricane dregs from a S pattern, this was a useful exercise. I did spend some time preparing for a real storm, putting away things that could become projectiles in a high wind, making sure all the animal chores were done in case the weather delayed my visits to the livestock. It’s tempting to ignore the next one, but I’ve been farming too long to take the weather for granted. Be safe! Good luck in your own forecasting.



Letter Re: Our Experience with a Chimney Fire

I also had a chimney fire many years ago. This was long before I had ever thought about TEOTWAWKI and I knew absolutely nothing. I did end up with firemen and “lookie-loos” roaming my house and yard and included much embarrassment.

The reason I am writing this is that one of the firefighters advised me that I can use a long length of heavy chain and lower it down the stack and do a lot of rattling around. This will not replace regular cleaning, but will knock down the larger pieces of build up. If you have wood that leaves a heavy creosote build-up in relatively short time, this will keep you from having to call the chimney sweep every few months. As you wrote, however, the best solution is to buy the proper tools and learn to do it yourself, which we eventually did. Sincerely, – Erica C.



Economics and Investing:

Fed Easing May Mean 20% Dollar Drop: Bill Gross. (Hat tips to Greg C. and B.H. for the link.)

G.G. sent us this: ‘The World Does Not Need to End’ A Gold Bull and His Prediction: $10,000 an Ounce

Are Asian Traders Preparing A Major Squeeze Of Silver Shorts? (Thanks to B.B. for the link.)

B.J.G. sent this: Roubini: Japan is ‘Accident Waiting to Happen’

Items from The Economatrix:

Why Growth Will Stay Too Weak To Ease Unemployment

Economy Offers Mixed Picture Day Before Election

UPS Says 2011 Rates Will Rise 4.9%

The Next Global Economic Crisis

The Utility of Gold

Why Silver Has Broken Out and Catching Up And Where it Goes Next

CNN Poll: Those Who Say Things Going Poorly Higher than 1994 or 2006

Mid-America Economy Staggers Amid Weak Job Growth



Odds ‘n Sods:

“LT” pointed me to a sticky post in the Survival section of NorthEast Shooters forums. It’s a long post with lots of pictures, on primitive fire-making.

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Reader NLC sent this: NASA Now Ready to Detect World-threatening Solar “Storm of the Century”

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Say it ain’t so! Harley-Davidson to make motorcycles in India. Hopefully this production will be sold only in India. (A hat tip to F.G. for the link.)

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The bedbug infestation rate is getting worse, especially in the eastern U.S. You can sleep relatively tight, by checking the registry before you check in to a hotel.

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Crime Skyrockets In [New York City] Central Park. (Thanks to J.O.B. for the link.)





Note from JWR:

Today we present another entry for Round 31 of the SurvivalBlog non-fiction writing contest. The prizes for this round will include:

First Prize: A.) A course certificate from onPoint Tactical. This certificate will be for the prize winner’s choice of three-day civilian courses. (Excluding those restricted for military or government teams.) Three day onPoint courses normally cost between $500 and $600, and B.) Two cases of Mountain House freeze dried assorted entrees, in #10 cans, courtesy of Ready Made Resources. (A $392 value.) C.) A 9-Tray Excalibur Food Dehydrator from Safecastle.com (a $275 value), D.) A 500 round case of Fiocchi 9mm Parabellum (Luger ) with 124gr. Hornady XTP/HP projectiles, courtesy of Sunflower Ammo (a $249 value), and E.) An M17 medical kit from JRH Enterprises (a $179.95 value).

Second Prize: A.) A “grab bag” of preparedness gear and books from Jim’s Amazing Secret Bunker of Redundant Redundancy (JASBORR) with a retail value of at least $400, B.) A $250 gift card from Emergency Essentials, and C.) two cases of Meals, Ready to Eat (MREs), courtesy of CampingSurvival.com (a $180 value).

Third Prize: A.) A copy of my “Rawles Gets You Ready” preparedness course, from Arbogast Publishing, and B.) a Royal Berkey water filter, courtesy of Directive 21. (This filter system is a $275 value.)

Round 31 ends on November 30th, so get busy writing and e-mail us your entry. Remember that articles that relate practical “how to” skills for survival have an advantage in the judging.



Prepping: It is Dental and it is Mental, by Wade H., DDS

Let’s presume that our worst imaginations of the future economic/political/societal collapse come true.  We are in our “undisclosed bunker location” surviving day by day without all of the creature comforts that we are used to.  A random thought or fear pops into our head…Our local dentist might as well be on the other side of the moon. What is going to happen to our teeth? What are we going to do if we have a tooth ache? What if we get an abscess? What if Suzie did not get her wisdom teeth removed like the dentist wanted? The subject of these next few blog postings will explore aspects of surviving without having a kindly dentist a phone call away.
There are few historical examples of a modern western population suddenly cut off from dental care. What can be called modern dentistry in Europe and the USA dates back to the 1920’s, I would probably date ”Modern” as the common use of local anesthetics and some sort of powered drill. The only well documented group that went through something close to TEOTWAWKI that I am aware of is the POWs held by North Vietnam during the 1960s and 1970s. For the most part these men began their captivity as typical fighter pilots, “Ten feet tall and Bullet proof”. They were the tip of the spear mentally and physically. There were plenty of opportunities for these men to have their needed dentistry done on a regular basis. Many of them went into captivity with no needed dental treatment. Some, however, for one reason or another had unmet needs prior to their capture.  These two groups did have some slightly different results during their stay in the North.  When they pulled the ejection bar on their airplane, their lives were abruptly and indefinitely changed.  Their story is as close as I can come to any documented account of the untoward scenarios that we envision.
The experience of these men from a dental standpoint is especially valuable, because when they were released, the medical and dental community realized that in addition to the debt that a grateful nation owed these heroes, this was a rare opportunity to learn from the experience of these men.  Careful debriefing, examinations, and records were taken for these men when they came home, and compared to their condition prior to captivity. Several summary articles were published at the time and are still available on Medline. Being a Cromagnon dentist myself, I remembered some of these from the mid seventies, and downloaded them for some memory refreshment. Below are some of the bullet points that stood out to me from this review.
What can we learn from the experience of these brave men.

  1. The POWs were able to maintain their oral hygiene. In fact if anything, the fear of dental issues led these men to over clean their teeth.  Post captivity examination showed numerous examples of gum recession due to overzealous brushing. In addition to the inexpensive toothbrushes that the prisoners were given, the men fabricated their own chew sticks, tooth pics, and floss. From Bamboo, bone, and thread. Tooth paste was made from charcoal, soap, and salt. For many of the men tooth cleaning became an obsession. Something within their control that they could positively affect their health.
  2. Many teeth were fractured from pebbles and bone chips in their food. It was reported that the rice that they were fed was recovered from buried stores of food stockpiled by the government. It was not washed and was in nasty condition. The men quickly learned to use extra care in their chewing.
  3. Many tales of self and buddy administered improvised dental first aid were noted. Sharpened nails, bamboo, and bones were used to lance dental abscesses. One pilot related how he kept a fish bone to work up in the stump of his broken off incisor, as needed, to open the pathway for the pressure from an abscess to be relieved. Salt was used for poultices and rinses to help heal abscesses and inflammation.
  4. The psychological impact of dental problems was emphasized by these men over and over. Bruises and burns would heal and get better, Wrenched joints and broken bones would knit back together, dental problems would not get better until the men were released. Despair, anxiety, irritability, and inability to concentrate resulted from dental distress. One quote sums up this feeling: “Although this may seem a severe evaluation of so many (seemingly) simple a problem as a toothache, it must be born in mind that for the prisoner of war, relief cannot be expected until he is released from his captivity. Thus, a severe toothache may bring about a a condition slightly detrimental to survival, but may produce a psychological condition which, to a prisoner who is isolated, may be extremely hazardous to survival. To the person who is sitting in a prisoner of war camp, even though at the present time he does not feel the toothache, he is aware that in the future it is going to return again, again, and again. He also knows that there is no relief in sight for this and realizes that in many cases he himself is to blame for the pain since, prior to captivity, he had the opportunity to have his teeth repaired and yet chose not to do so.”
  5.  Within the POW community, a man was chosen as “camp doctor”. He was untrained, but had some interest or had studied some kind of related pre professional college degree. One such individual stated that he had seen much suffering from teeth untreated prior to capture. It was of such great importance, that in the future, men with needed work should be prevented from being placed in harm’s way until that treatment was completed.

I feel that there are some obvious conclusions for us in the prepper community. Dental health is something that we take for granted.  During the pending apocalypse the ability to find a clean well lighted clinic with a competent experienced practitioner will be severely limited. You might not die from a tooth ache, but those with a bad one may debate the merits of ending it. My recommendation is to start off with as high degree of dental health as possible.  When the balloon goes up, we will be done with x-rays, crowns, root canals, implants, periodontal treatment, dentures, etc. for a long long time. We will be able to do some fillings. They will not be pretty but they should be functional. We will do a lot of extractions, but tooth replacement will be next to impossible till the new normalcy develops. The good news is that dental anesthetics should maintain enough potency to get the job done for years if not allowed to get too hot. The Boy Scout motto:  Be Prepared. – Wade H., The Tooth Doctor



Letter Re: Finding Affordable Ham Radio Gear

Hello Jim and Readers,
Last weekend I attended a Ham radio swap meet near Salem, Oregon. I have attended swaps for over 40 years now, and I am noticing an interesting trend in equipment sales. especially in 1970s and early 1980s ham gear. Kenwood, and Yaesu gear that was very popular during that period of time is becoming very affordable. Most of the Kenwood TS-520, and TS-820 gear is now selling on average for around $150 to $350 price range. likewise, the Yaesu FT-101 and FT-901 series are in the similar price ranges. Most of these older radios work quite well. I still use a TS-520 that works quite well, no problems, and it is very reliable. The only drawback is they are not general coverage radios. Most are ham bands only with the exception of variable frequency oscillator (VFO) overlap.

I did notice several early 1980s radios like the Kenwood TS-430S are selling in the $350 range, and comparable radios from Yaesu, and ICOM are selling in that price range also. Most of these are general coverage radios, that are multi-mode (USB, LSB, AM, CW, FM) and cover from 100 KHz, to 30 MHz. and are modifiable for out of ham band use, like military, MARS, CAP, and other government operations. Radios to watch for are sets with internal antenna tuners. Some of the parts for repair are unavailable.

If your are looking for VHF/UHF radios, they can be had quite cheap. older ICOM IC-2AT handheld two meter radios are quite tough, they are one of the most reliable handhelds made. (That is my opinion–others may say differently. But I have been acquiring this model for several years now to send to Burma for missions work, all that I have ever purchased are still working and “they take a licking and keep on ticking.” Pricing from $15 to about $35 is a good range to look for, Other mobile VHF/UHF radios are also quite cheap no. Of course let the buyer be ware. I have found most hams to be quite honest. They will tell you if what they have does or doesn’t work. And a lot of them will be happy to fire up the equipment in your presence to show you how they work. When buying gear, many people save the original boxes, and manuals. It is always best to obtain an operators manual but they are available on line for a small price. Some service manuals are even sold with older gear, it makes the equipment more saleable.

Be sure if you buy a radio to get one with at least a hand mike, Vintage microphones are kind or pricey the popular D -104 tend to cost more $60 to $120. Telegraphy keys the type I used to buy for 50 cents, or sell for that, now are $25 and more. Older military keys are now “getting like chicken lips” and people who have them won’t let go of them inexpensively. They were cheap when they were plentiful. after WWII until the early 1970s.

Antenna insulators for wire antennas depending on the seller, can be cheap or quite pricey. But gray PVC works very well for antenna insulators. ARRL hand books are always a good deal. The antenna manuals are very useful, I still reach for my older manuals before I go for the very large newer ones, And I must have at least 15 different antenna books.. I had an engineer make a pretty dumb comment once. He said all of the antennas that will ever be made have been invented. That is not true. But if you know the basics or have a basic understanding you too can invent or design something new. So if your looking into getting a ham radio license, or just some decent gear check out some of the ham fests, and ham radio swap meets around the country. Most of us who read Survivalblog understand the importance of communications during stressful times. Ham radio has been the first to communicate in most major disasters. Even when Iraq attacked Kuwait, and The Cubans took over in Grenada it was ham radio operators who were able to communicate with the outside world and summon aid.

Places to look for when there may be an event near you are to check out web sites like ARRL.org, QRZ.COM, eHam.com, QTH.COM or just plug into your search engine “HAM RADIO” , clubs, activities, etc. Another way is to find a copy of QST magazine at a good book store or library, or ask someone you know to be a ham radio operator for information. Most of us like to gab about our hobby, and really enjoy sharing with people who show an interest. If you don’t know any, then check out parking lots for cars with really weird antennas on them with call sign license plates, leave a note or wait for the person to return to their car. Blessings, – Dave of Oregon.



Economics and Investing:

Frequent content contributor B.B. sent this: U.S. home prices expected to slide another 8%

December 7th: Planned European Bank Run. (Thanks to Richard S. for the link.)

Daniel Amerman: Bailout Lies Threaten Your Savings

Most Americans Say the Recession Isn’t Over Yet. About three out of four Americans say the U.S. is still in a recession, with Republicans and women slightly more pessimistic about the economy than Democrats and men, according to a new AOL/Poll Position survey.

Items from The Economatrix:

A Paralyzed Fed Defers Decision On Monetary Policy To Primary Dealers In An Act That Can Only Be Classified As Treason

Nitty Gritty Numbers Suggest Downward Spiral

Record-low Mortgage Rates Will Be Gone In 2011