Economics and Investing:

Courtesy of reader J.D.D.: Why the U.S. can’t inflate its way out of debt

Some Tough Love from the editors of Der Spiegel: Built on a Lie; The Fundamental Flaw of Europe’s Common Currency

Larry T. suggested this Powerline piece: Buy Gold.

Items from The Economatrix:

Why Italy Faces a Derivatives Time Bomb

Why California is Doomed

Double Dip is Coming in 2011

Welcome to the United States of Iceland

Big Ax Looming at FDNY: More than 1,000 Layoffs, 62 Fire Companies to be Closed

It’s Going to Implode, Buy Physical Gold Now

$2,000/oz. Gold by the End of the Year

States May Hold Onto Tax Refunds for Months

Subprime Lending Crisis: Auto Loans Thrive, Housing Down

Jobs May Rebound in 2010

Mass School Closures in Near Bankrupt Kansas City, Missouri



Odds ‘n Sods:

John at SurvivalistBooks.com sent us a link to an interesting article on American preppers, from a French newspaper: If the sh** hits the fan, they are ready for it.

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Chuck sent me this: Hard Times Turn Coupon Clipping Into the Newest Extreme Sport

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Tomorrow is the last day in the Ready Made Resources 25% off sale on Mountain House freeze dried foods in #10 cans. They are now offering free shipping on mixed case lots, as long as you order in increments of full cases! Get your order in by midnight, eastern time on the 15th!

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Troy V. wrote to mention a radio interview with Gerald Celente, wherein he recounts his experiences in Chile during the recent earthquake. Apparently, he and a friend set a new world speed record for running down hotel stairwells.

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Several readers sent the link to this piece by Michelle Malkin: Obama’s war on fishing?



Jim’s Quote of the Day:

Praise ye the LORD. Sing unto the LORD a new song, [and] his praise in the congregation of saints.
Let Israel rejoice in him that made him: let the children of Zion be joyful in their King.
Let them praise his name in the dance: let them sing praises unto him with the timbrel and harp.
For the LORD taketh pleasure in his people: he will beautify the meek with salvation.
– Psalm 149:1-4 (KJV)



Notes from JWR:

Today we present another entry for Round 27 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 HAZARiD Decontamination Kit from Safecastle.com. (A $350 value.), and D.) A 500 round case of Fiocchi 9mm Luger, 124gr. Hornady XTP/HP ammo, courtesy of Sunflower Ammo. This is a $249 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 27 ends on March 31st, 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 Slingshots, by Brian W.

When one thinks of a slingshot, the image of the forked stick and rubber band hanging out of the back pocket of Dennis the Menace is usually what comes to mind. Often overlooked in the survival community, the slingshot can be a valuable addition to any survival kit or day pack.

For all intents and purposes, the best tool for taking small game that a survivalist can have, in my opinion, is a .22 pistol. Until very recently, though, it was illegal to carry them into state parks. To those who are not up to date on local and state ordinances, it can be extremely confusing where you are allowed to posses a firearm. In Colorado, a hiker can unknowingly cross land owned by three different agencies in less than half an hour while on a trail. Knowing if you can or cannot carry a survival pistol, and the consequences of getting it wrong, cause many hikers to just leave them at home. With the threat of a felony conviction, fines, jail time, confiscation of your weapon, and future headache associated, it just doesn’t seem worth the trouble.

Slingshots bridge the gap between small but possibly illegal .22 handguns and snares for catching dinner in the wild. Other primitive weapons have limitations that often leave them in the back of the pickup when you need them. Bows and arrows are unwieldy and not usually taken on simple nature hikes. The atlatl is difficult to master for even the most ardent of survivalists, let alone carrying around a 5 foot arrow. Weapons such as the boomerang and bolo take skill and are not designed for small game. Blow guns are fine but are limited to the number of darts you have brought along. Making darts by hand takes time and patience, little of which you have in a survival situation.

Today’s slingshots are lightweight, collapsible, and reliable weapons that can be utilized to kill small furbearing game and birds. Whereas traps and snares are good for catching game that might come by in a few hours; they are useless for getting that squirrel staring at you from the tree branch 30 feet away. This is where the slingshot comes into its own. It offers you the ability to silently take an accurate thirty foot shot with the option of a rapid follow up shot. Ammo for your slingshot can be anything that fits into the pouch. Steel ball bearings, marbles, lead fishing weights, and spent bullets all make good ammo. The added bonus is that if you run out, you can always pick up a stone. The more round the stone is, the better it will fly. This means you never have to worry about running out of ammo. You can shoot at anything that moves and improve your odds at getting lucky.

Mastering the slingshot is as simple as taking an empty cardboard box in the back yard and drawing a bulls-eye in magic marker. After about an hour of plinking, with a wide array of ammo and at various distances, you should have a firm grasp of the abilities and limitations of his or her slingshot. Aiming is a simple affair. The two most common methods deal with whether or not you have a forearm support. For those who do have a forearm support, hold the slingshot upright with a strong grip, pull back the sling, center your target between the tops of the braces, and let fly. For the older “Dennis the Menace” style, hold the slingshot sideways with your thumb in the notch of the supports. Draw back like a mini-bow, aim, and fire. This position allows you to get a stronger draw without putting too much tension on your wrist.

Modern slingshots are widely available at almost any big box store, costing anywhere from $10 to $25 dollars, depending on quality and accessories. Although I find sighting systems on slingshots to be unnecessary, I do recommend a slingshot with a folding wrist/forearm support. The forearm support redistributes the tension from the sling away from the shooters wrist, saving the shooter the pain and embarrassment of having the sling shot ripped from your hand and hitting you in the face. A majority of the slingshots I have seen sold at army surplus stores and Wal-Mart have a hollow handle for storage. I find this extremely useful for storing the most basic of survival kits. I have a small ziploc-style bag containing three strike anywhere matches, a cotton ball, and a X-Acto knife blade. With this, I can skin my kill, start a fire, and whittle a skewer to cook it on.

Should you feel so inclined, a simple X brace can be tied onto the supports of slingshot in order to fire arrows for larger game. After some fiddling to get the height right, simply lay the arrow into the notch made by the X brace and seat it in the pouch. Now you will be able to aim down the shaft and fire it in same manner as a horizontal bow. This method is good if larger mammals come by, such as marmot or raccoon. I find that modern arrows work best, but feel free to try and whittle yourself one out of a straight tree branch.

Slingshots can also be used to distract and defend yourself while on the trail. Not many people think about attacks that happen in national parks, but they do happen. The IRA has famously used slingshots as weapons, during the war in Northern Ireland. Although it has no guarantee of a lethal shot, a strong strike to the face, neck or groin from a hefty lead fishing sinker or ball bearing will put the breaks on any attacker looking for an easy target. Granted, you will need to be alert to possible danger in order to utilize it, but if you weren’t paying attention to your surroundings, your going to get owned no matter what your packing.

Another great thing about slingshots is the multiple uses for there parts. The surgical tubing scavenged off a slingshot can be uses as; a drinking straw, a tourniquet, or a strong a fast engine for holding or spring traps. If in the event your supports break, but the rubber sling is still good, you can make a hand spear out of it. Simply tie your band in a loop, and then loop it around your thumb and index finger. Take whatever thin stick you are using as a spear and seat in the pouch of your band. Pull back and hold the spear with the same thumb and index finger your band is looped around, aim and let go.

For those of you who want to make your own, a decent sling shot can be made in about ten minutes. First find a stout stick roughly the width of your thumb with a fairly even fork in it. Trim the handle length to suit your preferences. Next, make two small notches on either side of what is to be your supports. This is where the rubber will be seated so that it doesn’t slide off the end. If it is green wood, allow it to dry out in the sun or by your campfire overnight. This will make the wood more rigid, allowing you to get more power behind your projectile. The type of rubber you use will make all the difference. Latex sheeting, surgical tubing, and layered rubber bands make good slingshot material, but improvised elastics can be taken out of the waistband of your underwear. Prison inmates have been doing it for years. Get two lengths about a foot long and tie one end to your supports, one for each side. After that, you will need to make a pouch. This can be any square sheet of material you can cut off, from an old nylon bag or t-shirt. Make two small holes about a quarter inch from the edge and tie your rubber slings through them. That’s it. Test and modify as needed. Understand though, despite how good your whittling skills are, anything you make can be matched or beaten by a cheap commercial slingshot in most instances.

My last point I want to cover is the difference between modern slingshots with rubber tubing, and biblical slingshots like the one that David used to slay Goliath. The biblical slingshot is nothing more than a strip of rawhide about 5 feet long, with a pouch in the middle. One in had a loop that went over the middle finger while the other end was pinched between the thumb and index finger. You spun it either beside you or over your head to build up momentum and then let fly. For those who are interested in a more primitive way of hunting, the biblical slingshot is worth a look. Keep in mind though, that it requires much more skill than the modern sling shot, does not allow for a quick follow up shot, and is not as quiet.

In the end, anybody that walks into the woods should have multiple means of procuring food. Relying on only one method to catch and kill game is a recipe for hunger. The tragic fact of the matter is that most hikers rarely if ever think about what they will need if things go wrong and they find themselves hungry, cold, and tired in the middle of nowhere. A few lightweight items in the bottom of their day pack can mean all the difference. In that regard, a slingshot can be justified as a necessary survival item.



Letter Re: The Daylight Savings Time Home and Survival Checklist — Renew Your Preparedness Measures

Dear JWR,
On March 14th at 2 a.m. it is the Daylight Saving Time change time in most of the US. So now is a very good time to check some things that you haven’t thought about in a while. I’m sure you heard the Public Service Announcements to change the batteries in your smoke alarm and to test them. That is certainly a good thing to do, but is that the only thing you should do this time of year? Grab a pen and paper and let’s look around your home.

Batteries and Battery Powered Equipment
Since you’re changing some batteries already, this is also a great time to check the batteries in your flashlights, radios, and other battery powered equipment around your home and cars. Turn them on and see if they still work and if you still know how to use them.

First Aid Kit
Hopefully your first aid kit didn’t see much use, but you need to check it for expired food and medications, put what needs replacement on your shopping list. If things have migrated to all parts of your home, bring them all back together into one central location. Update any contact information, medication changes or allergies in your document kit.

How Are Your Vehicles Doing?
You probably use your car every day but have you taken the time to really look at it recently?
Check your tire’s pressure and look for signs of wear. Use a penny to check your tread depth, if you can see the top of Lincoln’s head you need new tires. Look in the wheel wells for signs of rust.
Pop the hood and check the fluid levels and not just the oil and windshield washer but brake, steering and radiator. Look for leaks and worn belts.
Get a helper and make sure all the lights work.

What Did the Winter Do To Your Home?
How well has your house and property weathered the winter? You might want to start another page and call it the Honey Do list.
Check under sinks and around outside faucets for water leaks. Drain your hot water heater. Not only will this clear the buildup of mineral deposits and silt, it will make the hot water heater more efficient and give you more available hot water and faster too, but also more drinking water in case of an emergency.
Look around the foundation, driveway and sidewalks for cracks in the concrete.
Check your foundation, deck and fence for damage or rotting with a pocket knife, particularly around the base of posts. Small piles of sawdust indicate signs of vermin or insect intrusion.
Grab your binoculars and inspect your roof for missing shingles and flashing.
Test your lawn mower, generator and other gas powered equipment and their fuel.

Oh and don’t forget to set you clocks the night before. “Spring forward, Fall back.”



Economics and Investing:

Trent and J.D.D. were the first of several readers to send this: Faber and Mish: We’re Doomed and Washington Can’t Do Anything About It

A.P. sent us some more gloomy news: World faces a day of financial reckoning

Canadian dollar likely to trump US greenback: experts.

More FDIC Follies: Four more banks bit the dust in the past couple of days.

Items from The Economatrix:

OPEC Raises 2010 Oil Demand Forecast

US Sales Tax Rates Hit Record High

US Dollar Gains as Rating Agencies Warn on Europe

Toledo, Ohio Likely to Face “Fiscal Emergency”

Robbing The Old to Pay the Rich

Virginia State Police Help The Budget Crunch. This will probably become a nationwide practice.

First Iceland, Next The World

UK: New Credit Crunch Risk as Banks Face Funding Crisis



Odds ‘n Sods:

Paul D. recommended this article from The Guardian: How food and water are driving a 21st-century African land grab.

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From E.M.B.: Energizer Battery Charger Comes with a Software Backdoor. Yikes!

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There are now just three days left in the Ready Made Resources 25% off sale on Mountain House freeze dried foods in #10 cans. They are offering free shipping on even mixed case lots. These foods are delicious, compact, and have a 30 year shelf life. Order soon!

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Cheryl sent this news: Wyoming Governor Signs Sovereignty Resolution. This comes on the heels of several recent legislative victories for the Firearms Freedom Act movement, which also has the 10th Amendment at its heart.



Jim’s Quote of the Day:

“As I looked at my two young sons, each with his gun, and considered how much the safety of the party depended on these little fellows, I felt grateful to you, dear husband, for having acquainted them in childhood with the use of firearms.” – Elisabeth Robinson, narrating in “The Swiss Family Robinson” by Johann David Wyss



Notes from JWR:

I will be a guest on Lan Lamphere’s Overnight A.M. talk radio show this evening, for two hours. If you have the time, please listen in.

Welcome aboard! Greetings to the thousands of new SurvivalBlog readers who found the blog after hearing my recent three-hour interview on Coast-to-Coast AM. For those that missed it, you can find an audio link to the interview here. It is also archived for free streaming download–but just for the next week–at KSFO’s web site. (You’ll need to select Thursday 10 to midnight and Friday from midnight to 1 a.m.)

I recommend that folks just getting started begin with my Preparedness Quick Start Guide for Newbies. You’ll also want to read the “About SurvivalBlog” page, and my “Precepts” page. After that, with the Search box near the top of the right-hand bar, you can dig in to the nearly 8,000 archived SurvivalBlog articles, letters, and quotes. The archives are all available free of charge!

Today we present another entry for Round 27 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 HAZARiD Decontamination Kit from Safecastle.com. (A $350 value.), and D.) A 500 round case of Fiocchi 9mm Luger, 124gr. Hornady XTP/HP ammo, courtesy of Sunflower Ammo. This is a $249 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 27 ends on March 31st, 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.



It is All About the Means of Production, by Mark. B.

From the beginning of time, ownership and control of quality farm land and raw materials have been closely associated with wealth creation and prosperity. What can you grow or raise? What resources and commodities do you own and control? How much metal, stone, glass, and wood do you own? Do you have the means, knowledge, tools and skills to produce valuable items from this land and these raw materials?

As America was settled, the pioneers knew very well the fundamentals of non-electric, independence away from the city and just how critical natural resources were to survival. If a parcel did not have fresh water and tillable flat bottom farm land, it was left alone and many years later those same lands are now national parks, national forests, and BLM lands owned by the government.

The primary questions in the minds of those early settlers should also be the same questions in the minds of today’s long-term prepper families. Those questions are simply, “Will this parcel of land support our life?”, and “Do I have ownership and control over the means of production of my food and fuel on this land”?

All along the Blue Ridge mountains, the real estate agents have a phrase they use concerning land value, that phrase is, “the steeper, the cheaper”. It is well known that when you see land advertised as “good hunting land”, that the property really will not support its residents. It is too rocky and hilly, and will not support decent crop production for man and livestock. It is only the last few generations of fearful city type suburbanites and armchair survivalists that have elevated the notion that mountain land remoteness equals security and that is the number one quality to look for in a “retreat”. But mountain living leaves much to be desired in security in many important areas and ways. Never be deluded into thinking that you are safe high up in the woods and that no one will know you are there. It bears reminding everyone of the biblical verse and truth:

Matt 5:14 “A city that is set on an hill cannot be hid”.

Caves and mountains are where you go to if you are on the run, and need temporary shelter from pursuit, just read the Bible and look at history. People only lived that way out of destitute desperation, because everything [needed to support life] must be hauled in on a continual basis in order to survive. Those locations are not an assured long term sustainable solution in many cases. The primary reason is that very little livestock feed can be produced. Be careful that your homestead location does not separate you from the critical means of production, and forever tether you to others for the things you should be producing yourself. If possible then always opt for sustainable systems capabilities in your land purchase decisions as the most important criteria. I encourage forward thinking preppers to expand their retreat and homestead plans to the realities of true societal and monetary system independence. Be willing to transition to an agrarian lifestyle now, and take control over all the means of production of two things in your life: food and fuel. Get to the place where you own the finished goods and things you cannot grow or raise each year such as salt, tools, and ammo. Owning a lifetime supply of salt is something that is not too difficult. You are trying to reach the point where a yearly cycle in food and fuel production is all you have to worry about. This gives you the freedom to stay out of the cities and towns for basic supplies others will be clamoring for; for a great many years. This starts not with the question of how remote is my land from society’s “zombies”, but “will my land support life, and do I own all the means of production”? The litmus test is really drawn not at the backyard 4×4 square foot garden level, but rather: can I grow feed for my livestock and my family’s fuel production on this parcel? This is really what the means of production are all about.

It is ownership and control over the means of production of food and fuel that will ensure you and your family of long term survival in a TEOTWAWKI scenario.

Be willing to ask the questions of a pioneer settler with his family in a covered wagon in 1850. “Will this land support life”?, “Can I grow feed for my poultry flocks, dairy and meat animals, aquaculture ponds, and humans”? “Is there a surface fresh water source on this land”? “What about timber and material resources”? Do I have the tools, knowledge, skills, and finished goods for these systems and processes? These are the basics of life and questions that a century ago would have been common knowledge to all, but today’s modern city sheeple prepper wanna-bes too often overlook and discard. Just like we are spoiled with instant everything, we think of every shortcut possible to “instant survival”. At some point you must get to the place where your “retreat” becomes your “mini-farm”. Otherwise, you are simply camping with a can of food.

“Can I produce all my own fuel from this land?” is the second part of the means of production mindset. There are six primary farmstead fuels that wise people should all be in the process of utilizing for their energy independence. They are: wood, charcoal, methane, ethanol, producer gas, and beeswax. Study these fuels, learn all you can and purchase now all the means of production for them on your land. Do not look to the left or to the right. Turn the television off and spend your free time developing these systems and learning the skill sets needed for their production, storage, and use.

Many today will never voluntarily choose an agrarian lifestyle or pursue the ownership and control over the means of production. Instead they will rely solely on commercial packaged food and fuel produced by others who are wise enough to own the means of production. They must haul each load to their retreat, with no hope of new supplies while they keep their city office jobs and suburban comforts till they believe they will “bug out” and be “safe”. Lord, help them all is all I can say.

While having the courage to pursue the ownership and control over the means of production instead of mere temporary “preps” is essential, the real challenge for First World urbanites is the shift in practicing and mastering the skills surrounding those means. It takes work and that is a four letter word when everyone wants to be a musician, artist, writer, or celebrity. Choose the agrarian/skills-based lifestyle now even with all the learning curves and mistakes you will make, before you are a fleeing refugee of this empire collapse, and can only wish you would have chosen this path and secured these means sooner. All of the suffering and sacrifice you endure now in becoming skilled and truly prepared, is nothing compared to all of the suffering and sacrifice you would endure later if you are not already skilled and prepared.

I’ll close with two more Bible verses:

“Wise men lay up knowledge.” (Prov. 10:14)

“Fools despise wisdom and instruction” (Prov. 1:7)



Letter Re: Confronting Kleptocracy–Identifying the Looter Mentality

Dear Mr. Rawles,
I would like to make a few comments on your post titled “Confronting Kleptocracy – Identifying the Looter Mentality”.

Although my education and profession are in medicine, I have been long interested in social anthropology particularly as it applies to the average “citizen” confronted with a breakdown in modern society. As you are well aware, our society exists by means of a fragile web of precisely balanced interconnected dependencies. This web was not created overnight but has developed over several generations.

At present we enjoy life at a time where the poorest people in our modern culture live at a standard way beyond what the richest kings enjoyed only a hundred years ago. About a year ago I sat in a restaurant and heard a young lady (20-something) exclaim to her friend and the server, “Oh my God, this chicken has bones in it! That is so gross!” Quite obviously, this typical young lady has lived her entire life eating only boneless, skinless chicken breasts or chicken nuggets and is so removed from the source of her meal that being confronted with the reality of chicken, she was appalled. Today, a majority of our population has never experienced life without these comforts. They have no frame of reference to anything different. We set the thermostat for 74 degrees because 76 is a bit too warm and, well, 72 is just a little too cold. We also feel free to complain when it’s not right.

I believe it is important to remember that as a reader of SurvivalBlog, you are not among the majority. If you are a regular reader then almost by definition you understand that your comfort, your safety, and your assets are earned and not deserved. If you are a reader than you understand and agree with the concepts of preparations that you make thereby earning your comfort.

One thing we can ascribe to the “Golden Horde” leaving suburbia is they will have a sense of entitlement. Never before have there been as many people who believe they deserve more then what they have. This phenomenon is made clear by the average personal debt, and is well documented and written about in business literature since it reigns as one of the largest problems facing employers today. In short we have a large group of people with a willingness to deserve but without a willingness to earn.

Last fall during a lecture I asked a group of medical residents what they would do if society collapsed. I used the example of an EMP with complete failure of the electrical grid and ensuing chaos. Keep in mind, these are very well educated and intelligent people; they are physicians in training. These people are expected by the population to have the highest ethical standards and morals. Their answers astounded me. In the early aftermath as a group these people said they would go to the store and get what they needed. When I reminded them there was no way to pay with a credit card they seemed to think that it would be okay anyway. Many of the women said they would resort to begging if things became difficult, but most of the males in the group said they would leave for the rural areas due to the availability of cattle and other farm animals. When I asked what they would then do, most responded that they would take “one or two.” It wasn’t until I mentioned that stealing cattle is also called “rustling” and men used to be hung for such acts that it even began to register they were in fact stealing. The notion had not even occurred to them. One of my residents took the discussion further saying, “It wouldn’t necessarily be considered stealing because of the national emergency.” When I assured him the farmer or rancher would definitely consider it stealing and would likely defend his property with a rifle, he answered, “He wouldn’t shoot me. I’m a doctor. Besides murder would be a worse crime than my stealing.”

In general statistics apply only to populations and never to individuals. This is a critical fact to remember as we consider what might happen in a societal collapse. Personally, I hate the term “sheeple.” Although descriptive in the sense that we refer to the masses of suburbanites moving in the Golden Horde it does not describe the individual. “Sheeple” conjures images of an inept couch potato lumbering along the road with a bed sheet full of junk food over his shoulder with a fat wife and three whining kids in tow. In reality, the individual may very well be educated, physically fit, and have a history of military training. He might be young or old. He might be married with kids or single and alone. He may be well armed and have a great deal of experience using weapons; he might be a felon, or he might be a doctor.

My fear is that the entitled attitude is not only common, but it is the prevailing mindset today. It will not even occur to these thousands of normally good and law-abiding people that taking your hard earned larder is wrong. “After all, it’s an emergency and my family and I are hungry.”

Could it be that all looters are not bad? Perhaps some are just self-centered, entitled, and clueless. This describes half the current population and part of the reason we are in this economic mess. While I have no problem justifying the use of deadly force to defend one’s property and loved ones, (yes, I have a rifle and a shovel) it might be beneficial to stop for a second and consider that the looter just doesn’t get it. They are a product of a society that has taught them the wrong values and ideals for a generation and encouraged them to be self-centered.

As I consider the possibilities in a post-TEOTWAWKI scenario, I can see where looting could fall into two distinct categories. The first group is the despicable where stealing is done for personal gain. They are anarchy in action, they destroy community, and spread destruction. For that group I would agree that “Rule .308” applies. But it’s this second group that gives me trouble. These are the folks that just don’t have a clue. They steal to survive and to protect their loved ones. If I was in their situation I don’t know what I would do, but I do know that I would not sit idly by watching my family starve. I believe these will be the majority and I have to think that education and a little charity could go a long way.

Regards, – Dr. Dean



Economics and Investing:

Over at Zero Hedge, Tyler Durden asks: Is The Federal Reserve Insolvent? (He’s warning that monetization is the logical next step. So beware of inflation ahead!)

Ben in Tennessee sent us this from The Market Oracle: The Coming Dark Ages.

GG suggested this one: Bernanke’s Dilemma: Hyperinflation and the U.S. Dollar.

Also from GG: Doug Casey on Surviving Financial Apocalypse Now

Items from The Economatrix:

Are Unemployment Benefits No Longer Temporary?

Jobs Outlook May Be Too Optimistic

Public Pension Funds are “Going to Vegas”

National Debt to be Higher than White House Forecast, Says CBO

Senate To Pass Jobless Aid, Business Tax Breaks



Odds ‘n Sods:

Marjory of BackyardFoodProduction.com is co-hosting a “Sustainable Living Meetup” in southeastern Idaho on Thursday March 18th. This is a chance for preppers to to meet, network, and share resources. (If you attend any event of this nature, of course all the usual OPSEC provisos apply. For example, I wouldn’t recommend mentioning your surname to strangers.) The meeting will be held at the Aurasoma Conference Center in Lava Hot Springs, Idaho, starting at 6:30 pm. Marjory says: “Bring a potluck item that you have grown, or just like to eat.” For further details, contact Marjory through her web site.

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Jerry Ahern is the former president of Detonics USA and author of the well-known 29-volume paperback novel series The Survivalist, that was published back in the 1980s. He’s just announced that his new non-fiction book “Survive!: The Disaster, Crisis and Emergency Handbook” will be released in April. Amazon.com is already taking pre-orders. I suspect that his new book will probably best enjoyed by someone wearing Ray-Bans and carrying both a Sting 1A custom fighting knife and a pair of Detonics pistols nestled in a well-worn Alessi shoulder rig. Whilst reading, you should occasionally flick a Zippo lighter with your free hand… 😉

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I was doing some web wandering yesterday, and stumbled into Subterranea Britannica. Fascinating! (BTW, my only underground experiences in the UK were riding the London Underground subway, and touring a slate mine in Wales, with the late Memsahib.)

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Reader G.L.S. sent this: Moringa Oleifera Tree Provides Low-Cost Water Purification for Developing World.



Jim’s Quote of the Day:

"What our generation has forgotten is that the system of private property is the most important guarantee of freedom, not only for those who own property, but scarcely less for those who do not. It is only because the control of the means of production is divided among many people acting independently that nobody has complete power over us, that we as individuals can decide what to do with ourselves. If all it be nominally that of ‘society’ as a whole of that of a dictator, whoever exercises this control has complete power over us." – Friedrich A. Hayek