Letter Re: Open Enrollment for Many U.S. Medical Savings Plans

Hi James,
First let me thank you for your wonderful blog, which I read every day. This is just a reminder that fall is typically Open Enrollment at many large and small companies for next year’s benefits elections. My company’s three week window to sign up for 2010 benefits opened yesterday. This is the time when a person can choose to participate in a [“before tax”] Flexible Spending Plan. While some people are justifiably nervous putting money away in a, “use it or lose it,” program, the I.R.S. made the decision a lot easier a few years ago when it allowed Flexible Spending Plan funds to be used for over the counter medications. Even if you are blessed with perfect health and never see a doctor all year, the Flexible Spending Plan is great way to put some money away to stock up on your “Band-Aids,” tax free!

My prayer for you and your family is that you have happy memories without pain in the shortest amount of time possible. – D.

JWR Replies: Thanks for that suggestion. One proviso for readers: Be sure to to mark your calendar for a date two weeks in advance of the spending deadline!





Economics and Investing:

Reader B.B. sent us the link to this “must hear” audio clip: Peter Schiff issues a Red Alert: “Get out of the US dollar”. Schiff warns: “This is what the Weimar Republic did, and we are going to have the same result.”

Flavio liked this video clip of an an interview with Steve Forbes and Thomas E. Woods: Is Capitalism the Cause or the Solution to the Financial Crisis? This 28-minute video is well worth watching.

GG suggested a piece by Carnegie Mellon University professor Allan Meltzer in the Wall Street Journal: The United States is headed toward a new financial crisis.

Also from GG: Go for Gold: If the Fed Keeps Printing, the Dollar Will Keep Falling

Karen H. flagged this item: Goldman Sachs Still Paid for Swaps on Redeemed Bonds

Items from The Economatrix:

US Jobless Claims Climb More than Projected

7,000 Unemployed Americans Lose Their Lifeline Every Day. 200,000 to lose benefits in October if not extended

Mike Whitney: The Dollar Will Not Crash

UK: 1 Million Homes are Empty

Conditions In Place for Oil to Break $100 Again

Return of High Oil Prices Threatens Real Damage

23 States Report Higher Unemployment in September

Seven Months After Stimulus 49 of 50 States Have Lost Jobs

The Sound You Hear is the Social Fabric About to Snap
Real unemployment is really at 17%

We are “Worried” about Weak Dollar, Eurogroup Chief Says

Mexico Lawmakers Pass Tax Hike, Rating Fears Remain


Recession Will Be “Full Blown Depression”

Japanese Exports Fall 30.7% on Year In September



Odds ‘n Sods:

Jim. H. suggested this piece over at Lew Rockwell’s site by Terrence Gillespie: Ammo for Barter – Ammo vs. Money

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Reader GG alerted me to this: The raid that rocked the Met: Why gun and drugs op on 6,717 safety deposit boxes could cost taxpayer a fortune. GG opines: “This is evidence of why we should not store our valuables in safe deposit box.”

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Steve sent this video: Fearless Gas Station Clerk Grabs Shotgun From Robber. He was lucky! Never bring just muscles to a gun fight!





Note from JWR:

Today we present another entry for Round 25 of the SurvivalBlog non-fiction writing contest.

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.) and C.) A HAZARiD Decontamination Kit from Safecastle.com. (A $350 value.)

Second Prize: 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 $350.

Third Prize: A copy of my “Rawles Gets You Ready” preparedness course, from Arbogast Publishing.

Round 25 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.



Survival Novels as Useful Preparedness Parables, by W.E.

As a college teacher, NRA firearms instructor, and military trainer (including survival skills), I have spent years sorting the most effective teaching techniques from less effective ones.  Obviously, some types of training, such as marksmanship, require hands-on methods, while classroom presentations are more appropriate for other subjects.  In all cases, however, it is common for students to base their questions on preconceived notions.  For example:  “What is the ‘best’ handgun?”  Best for what situation?  Or,
 “What is the best survival kit?”  I always reply, it’s the one you carry between your ears;  knowledge, not equipment.  And, I am often asked similar questions about “best” books, and again, I counter, best for what? 

For actual instruction on survival-related skills, there exists a plethora of training manuals, old and new, general and specialized, beginner level to expert.  Some of these books give the subject matter straight and unvarnished; others contain an admixture of politics, patriotism, or preaching along with the technical data.  I quarrel with neither approach, but I do have reservations about much recommended “inspirational” literature, – mostly novels, – intended to “send a message” or otherwise stimulate the readers’ thought. 

Far too many of the current crop are based on premises or plots so implausible that the author undermines any credibility his characters’ actions may have.  This is entertaining, but it leads the reader directly into the realm of imagination, if not outright fantasy, (not unlike imagining oneself as James Bond) instead of leading him to ask, “what would I do in that situation?”  Moreover, though it may be like sugared medicine, a truly inspirational story must go down smoothly, so the reader gets the point without feeling he is being preached to.  So, why bother? Why not stick with the technical books?

As mentioned, hard skills can be learned, and practiced, but it is difficult to develop, much less measure a person’s survival mindset, his ability to anticipate problems he might encounter, his situational understanding.  Even Jesus recognized that most people learn best through stories:

“. . . the disciples came, and said unto him, Why speakest thou unto them in parables?  He answered and said unto them,  Because it is given unto you to know the mysteries of the kingdom of heaven, but to them it is not given.  . . . because they see not; . . . neither do they understand.” – Matthew 13: 10 – 13

Some books that meet the criterion of  “understanding” have stood the test of time:

Alas, Babylon by Pat Frank [the pen name of newspaperman Harry Hart Frank] is the overall best post-apocalyptic novel.  First published in 1959, it is still in print.  It tells the story of a fictional town in Florida, coping on its own after a brief nuclear war has destroyed central government and electrical power.  There are some exciting conflicts, but no space aliens, no diseases unknown to science, no comets striking the earth, no roving bands of drug-crazed looters – just sympathetic characters realistically dealing with plausible problems.  One older character salvages a discarded bicycle, recognizing its value if the gasoline runs out.  Another character saves irrigation pipe, realizing that the city water supply will soon fail.  Lacking medical instruments, a doctor improvises a surgical kit from household tools.

The book is well-written and the plot builds to an exciting, yet plausible, climax.  Some of the 1950s technology is outdated, such as tube-type radios, and some details have changed —  the Air Force Base mentioned is now Orlando’s airport – but the fictive town is based on the real town of Sanford, Florida, the other places mentioned are real, and the characters seem real, too.  They are neither survivalists, nor firearms experts, nor former Green Berets; the reader can relate to them without delving into fantasy.

First runner-up, and best in the emergency evacuation category, is No Blade of Grass (1956) by “John Christopher,” the pen name of prolific British science fiction author, Samuel Youd.  His series of books depicting life after a space alien invasion is popular, but this book is realistic and plausible.   A plant disease wipes out most of the world’s food crops; famines, riots, wars, and social chaos follow.   Several families band together to escape London, losing their vehicles halfway through their odyssey.  The characters deal with privation, hardship, danger and violence in realistic ways. Some of them cannot accept “murder for self-preservation;” others willingly trade their personal freedom for protection by the stronger.  A historically-minded reader can see a parallel to the collapse of the Roman Empire and the rise of feudalism in an insecure Europe.

No Blade of Grass is now back in print, but look for copies from earlier editions that are widely and inexpensively available on the used book market.  It is also known under the British title Death of Grass and a reprint title, An End to Grass.  A 1970 motion picture bears little resemblance to the book, so skip the movie.

The award for Miss Uncongeniality goes to the title character in Vandenberg (1971), re-titled by the publisher as Defiance: An American Novel (1981), by Oliver Lange (the pseudonym of novelist John Wadleigh).  Vandenberg, the character, is a rebellious social misfit who resists indoctrination after a Communist take-over of the American West. He finds it harder than most such books make it seem.  Vandenberg pontificates, “to listen to some, if the day ever came, 500,000 citizens, all appropriate Rogue Male types, would melt into the hills, and when they weren’t creating havoc among brutal Occupation forces, they would be practicing the fine art of survival.”  On equipment, he says, “if a survival and guerrilla nut bought all the stuff the outdoor stores and catalogs said he needed, it would’ve taken a 25-foot U-Haul trailer and two weeks of packing to get him out of his damned driveway.”

Of course he does go into the hills, and the author’s descriptions of the New Mexico mountains are so accurate the book’s locations can be found on a map.  Eventually he does get some equipment, and he does recruit a few other rebels willing to fight back, but the ultimate result is more thought-provoking than satisfying.  Both titles are out of print but available on the used book market. 

A similar theme with a more optimistic conclusion is developed  by Samuel Southwell, a former U.S. Ambassador to Guatemala, in If All the Rebels Die (1966). Southwell’s characters resist enemy occupation after a brief nuclear war, but it is their discussions about patriotism, duty, resistance and its consequences – especially the consequences of reprisals by the enemy – that stimulate the reader to think, “what could I do in such a situation?”  “What would I do in such a situation?”

Many books, both current and past, develop the idea of retreating to the mountains and ultimately fighting the “bad guys” of that particular scenario. “Patriots: A Novel of Survival in the Coming Collapse” ( 2006, 2009, and earlier draft editions [under other titles]) by James Wesley, Rawles, is a current best-seller that has been described as “a survival manual disguised as a novel.”  It is the now-standard dystopian tale of the hardy band of survivors coping in the wake of the collapse of civilization, and it is representative of this type plot – nothing original here.  But it differs from similar works in the early chapters which describe a collapsing economy: 

“The President . . . instead of reducing growth in government spending launched an immoderate bank lending stimulus package . . . the Federal Reserve . . . began monetizing large and larger portions of the debt (p.13)  The dollar collapsed because of the long-standing promises of the FDIC . . . the government had to print money – lots and lots of it.”  (p. 15)

This is prescient, considering the first edition of this book came out about 1999, before the current government actions it seems to predict, and the theme of economic collapse followed by chaos has resonated with many readers.  The remainder of the book, however “action-packed,” is far less plausible.  An earlier, briefer treatment is found in Fire and Ice (1975), by Ray Kytle.  Note the author’s name, since there are several books by this title.

Fire and Ice was written shortly after the very first Arab oil embargo of 1973, and it posits a three-year economic decline precipitated by an oil shortage.  The protagonist and his family do, indeed, go to a mountain cabin, and do, indeed, fight the good fight.  But along the way they must deal with such problems as obtaining firearms on the black market, and the enmity of less-prepared neighbors.  They also face their own crises of conscience, not over the morality of killing but of the “selfishness” of protecting themselves versus attempting to help their friends and community.   Except in Southwell, this psychological dimension has not been dealt with in other books.  Some of the technical details are less plausible: Even if you can obtain guns ‘off the books,’ don’t try to smuggle 2,000 rounds of .30-06 ammunition in your children’s luggage; they would weigh about 140 pounds!

It is training that prevents an emergency from becoming a crisis, but no one can say, with absolute certainty, what he or she would do in a given emergency.  Soldiers and “first responders” are trained (and trained, and trained) on how to react in foreseeable situations, yet even well-trained persons sometimes fail to take appropriate action.  There are also a number of our fellow survivalists who are so committed to a particular scenario they either cannot or will not consider possible alternative situations or outcomes [If I just have enough guns and ammo, I’ll be safe, no matter what!] or they do not take into consideration many of the human factors that affect sound judgment and decisive action.

While it would be best to develop one’s situational understanding through long training and practice, such training is not available to all.  Some degree, however, can be gained by a study program that involves reading for mental exercise as well as practical knowledge.  I believe the books I have briefly reviewed will be helpful.  However, if an asteroid does strike the planet [as in Lucifer’s Hammer] or if the aliens land, you are on your own!



Letter Re: Portable, Minimal Prep. Emergency Foods

Sir,
Here is a list of the food suggestions that we made for our kids families. This list only deals with the food and not any implements or utensils needed for preparation and consumption. We already supplied them with what was needed kit wise and it was up to them to provide the food of their choice.

  • Trail Mix
  • Jerky
  • Dried Fruit – Raisins, Banana Chips, Etc
  • Small Pop Top Canned Meats – Vienna Sausage, Deviled Ham or Tuna
  • Small Jar Peanut Butter
  • Crackers (large round ones can be stored in “Pringles” tube)
  • Granola Bars
  • Candy (but consider the melt factor for any chocolate type)
  • Instant Oatmeal
  • Coffee Singles
  • Cocoa Mixes
  • Tea Bags
  • Sugar and Creamer Packets
  • Individual Packets of Gatorade, Lemonade, Punch
  • Cans of Stew, Chili, Chunky Soups or Beans & Wieners (pop tops)
  • Knorr Lipton Rice and Sauce Mixes (add water only type)
  • Knorr Lipton Pasta and Sauce Mixes (must have milk powder)
  • Small Cans of Ham, Chicken, Etc (to add to rice or pasta)
  • Small Cans of Green Beans or Corn (to add to rice or pasta)
  • Envelopes of Instant Mashed Potatoes (add water only type)
  • Instant Gravy Mixes
  • Ramen Noodles
  • Non Refrigerated Pudding Cups
  • Fruit Cups

Regards, – Jim and Glennis

JWR Replies: Because of the large amounts of refined sugar in many of these foods, some cannot be recommend as healthy foods for long-term use. But even these have utility in a short-term “bug out” situation for your G.O.O.D. kit, where the sheer number of calories will trump most other selection factors.



Economics and Investing:

Reader HPD mentioned this ominous news over at The Market Ticker: Possible Credit Dislocation: Be Warned

From The Daily Bell: Dark pool trade limits to be reduced 95% in SEC plan

Laura H. sent this: Democrats seek cover to boost debt limit

Klaus sent this: China’s ‘Growth on Steroids’ Raises Danger of Renewed Slowdown [and Inflation!]

Items from The Economatrix:

Sept. Home Sales Rise 9.4%, Beat Forecasts

Existing Home Sales Surge on Tax Credit

Crude Rally Stalls, But Gasoline Prices Near Summer High

UK Recession: Recovery Hopes Dashed as Economy Shrinks Again


NY Delays $959 Million Payment to Pension Fund

Obama to Order Salary Cuts at Bailed-Out Firms



Odds ‘n Sods:

Jim from Illinois mentioned an eight-minute YouTube video clip titled The Fallout Shelters You Paid For. While some of their conclusions are unfounded, and some of the pictures are actually just of mines, it is still interesting to watch. Speaking of subterranean shelters, here is an elaborate private one. OBTW, did you notice teh glaring design error? Be sure to specify vault doors that open inward, so they can’t be easily blocked by falling debris or by miscreants!

   o o o

Peter Robinson comments in Forbes: Armageddon Time; When it comes to Iran, the U.S. may be facing a cataclysm

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Reader Jim A. recommended a source for defensive wire: Razor Wire International, in Arizona. Jim A.’s comments: “They have excellent prices and really know the business. In fact they sell to prisons across the country. Contact: Steve at 1(800) 510-0840. They several types of razor wire and concertina wire.”



Jim’s Quote of the Day:

"Put on the whole armor of God, that ye may be able to stand against the wiles of the devil. For our wrestling is not against flesh and blood, but against the principalities, against the powers, against the world-rulers of this darkness, against the spiritual [hosts] of wickedness in the heavenly [places]. Wherefore take up the whole armor of God, that ye may be able to withstand in the evil day, and, having done all, to stand. Stand therefore, having girded your loins with truth, and having put on the breastplate of righteousness, and having shod your feet with the preparation of the gospel of peace; withal taking up the shield of faith, wherewith ye shall be able to quench all the fiery darts of the evil [one]. And take the helmet of salvation, and the sword of the Spirit, which is the word of God: with all prayer and supplication praying at all seasons in the Spirit, and watching thereunto in all perseverance and supplication for all the saints." – Ephesians 6:11-18



Note from JWR:

Today we present another entry for Round 25 of the SurvivalBlog non-fiction writing contest. The author is an active duty US Army infantry NCO who is a graduate of the US Army Ranger School.

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.) and C.) A HAZARiD Decontamination Kit from Safecastle.com. (A $350 value.)

Second Prize: 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 $350.

Third Prize: A copy of my “Rawles Gets You Ready” preparedness course, from Arbogast Publishing.

Round 25 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.



Noise, Light, and Litter Discipline, by Survival Ranger

If I can find your MRE trash, I can find your patrol base!”  A quote that has stayed with me, haunted me, and perplexed me throughout my military career. Who would have thought that simple traces of life could serve such a double edged purpose? The very fact that we could locate (almost better than a GPS fix on a position) an enemy encampment, an over-watch position, or cache by sight sound or smell is an amazing concept. But the fact that careless lapses in security on any of the above could compromise our own is a very harrowing one.

Noise discipline –The practice of minimizing ones noise signature to a degree that it does not compromise mission essential actions is very important. This could range from a night raid on an enemy stronghold, to an urban reconnaissance of the local supermarket overrun with post-SHTF warlords, to retrieving water or utilizing the latrine at 3am in your secure perimeter. At night, as sight is diminished, the body attunes itself more towards the gathering of sound and touch. Simple noises that were previously background in the daylight are suddenly brought to the very real and close foreground at night. Am I saying to remain totally silent at all times? Of course not. That is both unrealistic, and not something that anyone would enjoy, accompanied by a jabber-jaw! I am simply stating that in times of necessity, such as a TEOTWAWKI scenario, noise discipline can mean the difference in being an advantageous target for a bunch of looters, or having a perfectly laid ambush in wait for them! Simple ways of improving your noise discipline are as follows:
1.) Ensure that you utilize most of your noise-producing equipment during the day–such as Farm Equipment, Firearms (for hunting), Vehicles, etc.
2.) For tactical gear, ensure that it is soundproofed as much as possible. This can be as simple as wrapping some ACE bandage material around metal carabineers, Filling water sources completely full (so as not to “slosh”), Wearing soft material that doesn’t make a “swish” sound when walking, and packing tactical pouches and pockets well. Keeping them free of rattling objects like loose batteries, loose ammunition, etc.
3.) In refugee, or bug out situations, keeping children “pacified” or otherwise restrained from talking or crying or yelling. (The movie “Tears of the Sun” shows a a good example of that.)

Light Discipline – The practice of minimizing or completely reducing ones light signature so as to mitigate all possible detection during hours of darkness. Light discipline seems like a no brainer, until you see a group of people trying to fumble their way around a forest in the dark! Even the smallest red lens flashlight can give away your position during hours of limited visibility. But how do we mitigate this?

  1. Around the house: Ensure you have a way to keep all light from escaping the residence. You don’t want a band of looters to come prey on a lit up house at night! Easy ways to do this are heavy blankets, aluminum foil, or if all else fails, paint em! But you will want to be able to let light in during the day, so only do the latter as a last resort.
  2. Tactical patrols and movements. Obviously if you have the money, Night Vision gear is amazing, but if you don’t have it, never fear. If you have to stop and conduct a map check, be smart about it. Throw a poncho or other blanket over your head, and use as minimal light as possible. If someone is injured, use only as much light as necessary to treat the person, or stabilize them till you can move them to a more secure area. As with Noise, and Litter, there is a time and a place to weigh your options and decide when to forgo discipline for the sake of speed, or safety.
  3. Muzzle Flashes… Some people or animals won’t have the benefit of night vision. Therefore if you are shooting, the flame produced by the burning gas in your firearm is sure to be what they will set their sights on! Using a flash hider can reduce your muzzle signature to a tolerable level.

Litter Discipline – The practice of cautiously monitoring, and properly disposing of your waste. This can range from a candy bar wrapper, to entrails of a gutted deer, to footprints, or even human waste. In the tracking community this is called “spoor”. (An Afrikaans word, from the Dutch word for tracking.) This is classified as generally anything that is unnaturally occurring in the given natural environment. Examples would be footprints or broken limbs in a vegetated area. Water drop trails on concrete, Gum wrappers on a nature trail, etc. Simply put, this can give away your position, trail, or if the tracker is very keen, your exact rate of travel, and last time at that given location. Some ways to mitigate carelessness with litter are:

  1. Simply pick up after yourself. Pocket your trash, fix what you have disturbed in nature, be it a broken limb, or a tire rut that your 4×4 put there. Some Long Range Reconnaissance and Surveillance (LRRS) units have been known to go so far as to carry out their own excrement by utilizing MRE bags. There is an insane level of litter discipline you can go to, but once again it is all dictated by your speed / security / mission.
  2. Tend to any injuries. Blood trails are surefire ways to be tracked by both man and beast alike. Besides the fact that loss of blood is a killer for many reasons, you don’t want to be eaten by a mountain lion while you are prostrate and vulnerable from shock!
  3. Be cautious when conducting movements or rest operations. If you dug a hole, fill it in, only disturb what needs to be disturbed, and continue on with your path. Clean holes made by tent pegs, or sticks. Disperse ashes from a camp fire, etc.

There really is no end to noise, light, and litter discipline. You can take it as short or as extensive as you want, but keep in mind the consequences of each of your actions. Hopefully you will never need to use any of this knowledge, but for a fun time, try to practice one thing a night for a week, and see just how challenging some of these things can be! Take the family camping, and instruct the kids to only disturb what is necessary and fix everything when you leave. When the sun goes down, there is no more light. During the day, try using hand and arm signals to talk. It’s a great bonding trip, and is an invaluable lesson to all. You will also have a much better appreciation for nature, and the secrets it hides when it is tended to, and the ones it reveals when it is not! Stay safe, and practice practice, practice!



Letter Re: Preparations for Eyesight & Hearing

JWR,

Regarding Eye Surgery: I am an optometrist. Unfortunately some of what was most recently posted is misleading if not flat-out wrong.

1. Laser Vision Correction (LVC) will not make you more prone to problems with your near vision. However, if (a) you are nearsighted before the surgery (and thus able to see up close without correction), and (b) you are over age 42 or so, then you will struggle with your near vision. Prior to the surgery, of course, you can see fine up close if you remove your glasses or if you have bifocals. But the LVC does nothing to make this problem worse; it simply corrects your distance vision. Of course all these points are moot if you are younger than age 42. But at around age 42 it will be a problem, so be aware of that.

2. Implantable Contact Lenses (ICLs) are very, very rarely an improvement over LVC. LVC sculpts the front portion of the eye, ICLs involve cutting the eye open and putting a synthetic lens into it. Contrary to the original poster, they are not “swapped out” at your whim, they can in fact correct farsightedness, and they do not have any different effect on your near vision than LVC. ICL’s are significantly more expensive and significantly more risk (of both post-operative infection and of cataract creation due to jostling of the natural lens in the eye) than LVC, which is why we do not recommend them often. Their greatest benefit is for those whose prescription is so high that LVC is not an option.

3. If you are really serious about refractive surgery, I strongly recommend PRK as opposed to Lasik. Both are forms of LVC, however the former is an operation that does not create a flap, while Lasik does create a flap. That flap can be dislodged in the future at any time.

4. Lastly, while I cannot fault many people for looking to the Internet for advice-—I do it too-—neither can I overemphasize the necessity of having an eye doctor who knows you go over the implications, benefits, and risks of refractive surgery with you. Last week I had a new patient who was 62 years old who had amblyopiia [commonly called “lazy eye”] in his right eye. No one had ever spoken with him about this condition or what caused it, even though he had it since he was a child. I explained it thoroughly to him, and he was impressed and thankful. I then smiled and said, “You’ve been going to the discount eye places, haven’t you?” He admitted he had been.

Fight the good fight, keep spreading the Gospel, – WPR



Economics and Investing:

Reader Troy W. spotted this: Guess What: The Next Housing Bubble is Already Underway

Mr. W. sent this: A List of the Next Banks to Fail

The Daily Bell asks: Derivatives don’t need regulation?

Jeff B. sent us this: Worldwide Diesel Glut Could Slam Oil Prices. [JWR’s comment: Wait a few weeks before you refill your retreat’s fuel tanks! The recent 18 cent jump in the price of diesel is sure to see a correction.]

Items from The Economatrix:

Friday Follies: Failed Bank Tally for Aught Nine Now at 101

Galleon Group to Shut Down Hedge Funds

Administration Plans Big Pay Cuts at Bailout Firms

Stocks Turn Lower As Note on Banks Spooks Investors

Fed Survey: Housing, Manufacturing Drive Recovery

Chain Restaurants Struggle, Compete for Customers