Odds ‘n Sods:

Safecastle‘s semi-annual 25% Off Mountain House storage food sale ends on June 5th. Members will get a free copy of the novel One Second After by William R. Forstchen if they purchase four or more cases of Mountain House foods.

  o o o

Cheryl and Brett both sent this: Study: Global Recession Making World More Violent, Unstable

   o o o

More news from Cousin Kim’s Proletarian Paradise of Paranoia: North Korea Nuke Progress Sign Of “Dark Future”, and North Korea Preparing to Fire ICBM

   o o o

Reader “OSOM” mentioned that Gary North has just launched a free web site, Deliverance from Debt, to help Christians get out of the debt trap. It would also doubtless be useful for non-Christians.





Two Letters Re: Protection from EMP Effects for Photovoltaic Panels and Communication Gear

Jim,

I’m not very certain Solar Panels or photovoltaic (PV) Modules if you prefer) are up to surviving electromagnetic pulse (EMP). Solar Panel manufacture is akin to basically creating large scale photosensitive semiconductors and few manufacturers will quote even static electricity resistance, much less EMP resistance. Additionally, most PV modules have bypass diodes to protect cells. Some designs put these diodes in the junction boxes, while others incorporate them more integrally in the PV assembly.
Obviously the controllers are at great risk, but the modules themselves are not free from risk.

About the only references to PV and EMP you can find are discussions concerning space deployed PV Modules being at risk to solar flares, which have many characteristics of an EMP event.

I just made some queries with contacts at University of Manchester and Michigan Tech. They told me that there that almost no EMP test results have been released to public domain, but that their Aerospace departments feel that PV Arrays are vulnerable at the junction level as well as the wiring diode matrix and controller levels.

The [PV-powered] satellite literature repeats the observation that even a minor solar flare can wipe years to decades off of the life of a PV array and a full coronal mass ejection (CME) will take the array out. Though an EMP [cascade waveform] is not exactly the same radiation, the corollary is there.

Several of the Disaster Shelter Builders state that PV Panels are at risk in EMP and include shielded storage for “after the event panels.” I wonder whether that is marketing hype or good science? For now, this is the best that I can find. – Steve W.

 

Mr. Rawles,
There is a very detailed 4-part article about EMP protection for Amateur Radio equipment. It’s a study that was done by the ARRL in the mid 1980s. Product model numbers and such have changed, but the basic concepts haven’t. If you want to just skip to the recommendations, go to “Part 4 of “Electromagnetic Pulse and the Radio Amateur”.

In a nutshell, they make the following recommendations:
1. Your equipment will not survive a direct lightning hit no matter how well protected. EMP or near-misses can be protected against.
2. Install a high-quality surge protector on all AC power cords. You’ll need to shop around to find one with the highest possible rating.
3. Install coax surge protectors (available from most ham radio suppliers) within 6 feet of the radio equipment to be protected.
4. Install a grounding antenna switch and keep the antennas grounded when not in use. (Note: antenna switches are often used when folks have multiple radios/antennas, such as a CB and ham radio or a 2 Meter VHF radio and a scanner. Make grounding the antennas part of your checklist when shutting down the station after use.
5. Get a piece of Copper plate or thick sheet metal, install it on the wall or workbench your equipment is on, and attach all equipment grounds and protection devices to this. Install a good Earth ground, per their guide. This basically consists of 2 or more standard electrical grounding rods connected with #6 solid Copper wire that is buried. I’ve found that the electrical panel bonding lugs sold in [building] contractor stores work great for this.

Finally, the book Nuclear War Survival Skills by Cresson H. Kearney [Available for free download] states that equipment such as hand held radios with short antennas (less than 14″) should be okay against EMP. Grid connected electronics would be more vulnerable, and stuff with long antennas worse still.
Here are some quick links to EMP protection devices:

Solar Panel charge controller protection.

Coax lightning protection (manufacturer)

Cheers, – JN-EMT



Letter Re: Anesthesia for Traumatic Times

Jim –
I’ve been reading your blog for a while now. Just thought I’d weigh in briefly on the anesthesia issue. For background, I am a general pediatrician with experience in emergency pediatrics. Also, I am a fellow of the Academy of Wilderness Medicine.

Three quick points:

1. Under the vast majority of circumstances it is possible to work on mild to moderate traumatic injuries in children without anything more than local anesthesia. Papuses work great and should be considered as part of an advanced medical kit that is intended to treat children. If a papuse is too expensive or bulky, there are all sorts of ways to immobilize children with sleeping bags, pillow cases, sheets, etc. (one just has to use imagination – for example, try both arms in a pillow case across the back). Obviously, the papuse idea only addresses immobilization of the patient and does not assist with pain management. However, even in an academic pediatric emergency department, we often concluded that the risks of non-anesthesiologists administering anesthesia outweighed our concerns about pain.

2. Dermabond is one of my favorite products. The screaming and struggling at the University of Chicago pediatric emergency department dropped by 95% when Dermabond was introduced to the market. It’s a bit pricey but very simple to use. I never had any “formal” training in dermabond use because it was simply unnecessary. Carefully reading the instructions should suffice for survival oriented self-training on the product. My biggest concern would be to avoid gluing an eye shut. Even a glued eye is not a disaster as can slowly be reopened with cooking oil and massage. People have suggested on your web site, as well as at Wilderness Medical Society meetings, that super glue (same active ingredient – cyanoacrylate) could be used for the same purpose. However, I have personally found it to take much longer to dry and to be far less reliable at keeping the wound closed. Just last weekend I tried a new rubberized formulation of super glue on a laceration of my own and was disappointed to find that it peeled away the very next day – something I have never observed with Dermabond. Lastly, Dermabond can successfully be used on joints as long as it they are immobilized. This is less of a concern in children than it might be in adults who might have to remain physically active.

3. I’ve personally experienced a hematoma block. Several years ago, I had a broken rib that was so painful I couldn’t breathe except in small gasps. Worried about the possibility of a secondary pneumonia, my doctor injected hydrocortisone and lidocaine directly into the fracture site. The block worked great and I was able to breathe normally again.

On another note, I have noted a number of formulas on your blog for mixing up wound cleansing solutions. The current research based consensus at the Wilderness Medical Society is that wounds may be cleansed with plain drinking water. So, simply treat questionable water with a filter, by boiling, or with an appropriate chemical agent and leave it at that. In fact, a Camelbak (or similar system) is an ideal wound cleansing device. Just put the bladder under an armpit and squeeze a large volume stream of drinking water from the tube directly into the wound. The mouthpiece itself can either be carefully washed or simply removed prior to use. – A.F., M.D.



Economics and Investing:

In what must be one of the the most monumentally bad investments in history, the American taxpayers are now the majority owners of General Motors (GM), which presently has a market capitalization of around $480 million. The cost? We bought our 70% stake in GM for a paltry $50 billion. When I last checked, shares of GM were selling at 64 cents each, and GM (now nicknamed “Government Motors”) has filed for bankruptcy protection. I suppose that they’ll tell us that we can “make up for it, on volume.” Not wanting to miss out on a piece of the action in the deal of the Century, “the Canadian and Ontario governments are putting in $9.5 billion for a 12.5% stake.”

Reader HPD mentioned Mish Shedlock’s most recent missive (or should I say “Mishive’?): More Prime Foreclosures; More Re-Defaults

Also from HPD comes this Wall Street Journal piece: Black Swan Fund Makes a Big Bet on Inflation

Fred The Valmetmeister recommended Chris Laird’s latest commentary on the commodities markets posted at the Kitco site.

L.L. sent this: Geithner tells China its dollar assets are safe. L.L.’s comment: “Yes, perhaps they’ll get their money back, but will the dollar be worth anything in five or ten years?”

From GG: A Pessimistic Assessment, Especially for Europe; Commentary from Niall Ferguson, Transatlantic Author and Academic

Also from GG: Elliott Wave Guru Sees Dark Days Ahead

From Florida Guy, a New York Times article: Industry Fears Americans May Quit New Car Habit





Jim’s Quote of the Day:

"Once again, recall the story of banks hiding explosive risks in their portfolios. It is not a good idea to trust corporations with matters such as rare events because the performance of these executives is not observable on a short-term basis, and they will game the system by showing good performance so they can get their yearly bonus. The Achilles’ heel of capitalism is that if you make corporations compete, it is sometimes the one that is most exposed to the negative Black Swan that will appear to be the most fit for survival." – Nassim Nicholas Taleb: The Black Swan: The Impact of the Highly Improbable (2007)



Notes from JWR:

It was tough to judge the 24 excellent entries in the most recent round of the SurvivalBlog Non-Fiction Writing Contest. The grand prize winner is: Mike U., for his article “Unconventional Wisdom for CCW Permit Holders”, which was posted on May 19th. He will receive a three day course certificate from OnPoint Tactical. This certificate will be for his choice of three-day civilian courses. He will also receive two cases of Mountain House freeze-dried foods, courtesy of Ready Made Resources.

2nd Prize goes to RangerDoc, for “Health, Hygiene, Fitness and Medical Care in a Coming Collapse”, posted on May 8th. He will receive a”grab bag” of preparedness gear and books from Jim’s Amazing Secret Bunker of Redundant Redundancy (JASBORR) with a retail value of $350.

3rd Prize goes to Jim B., for “Preparing Your Family for ‘Interesting’ Times: A Covenantal Christian Perspective”, posted on April 8th. He will receive a copy of my “Rawles Gets You Ready” preparedness course, courtesy of Arbogast Publishing

Honorable mention prizes go to four writers. They will each receive a $30 Amazon.com gift certificate.

Note to the prize winners: Please e-mail me to let me know your snail mail addresses!
Today we begin Round 23 of the writing contest. This round of the contest will end on July 31st.

Since our readership is still growing rapidly (nearly doubled in the past 10 months!) , I’ve just increased the SurvivalBlog advertising rates by 10%. (At this point I have almost too many advertisers!)



Letter Re: Many Weeds are Actually Edible Wild Plants

Dear Mr. Rawles,
I read your blog every day and enjoy all of the helpful information that you and your readers post on a daily basis. I just wanted to pass along this information on edible weeds that can be found in ones backyard or about anywhere where plants can be grown. To most people weeds are just that, weeds that need to be destroyed to keep the yard or their property looking nice. But some weeds can also be eaten if a person knows how to identify them and cook them properly. In the event of a worst case scenario these ‘weeds’ can help sustain a person or a family for a brief period of time or be a nice addition to stored food, providing needed fresh veggies and nutrients.

The following is a list of some of the most commonly found ‘weeds’ in a yard or field that can be edible:

Burdock (Arctium lappa) Cultivated as a vegetable in Japan where it is known as gobo. The stalks are scraped and cooked like celery. The roots can be eaten raw in salads or added to stir fries.

Cattail (Typha latifolia)
The pollen can be used to enrich flour. The unripe flower spikes can be cooked as a vegetable and the young shoots and inner stems are eaten raw or cooked.

Century plant (Agave americana)
The flower stems and leaf bases can be roasted and eaten. Certain species can be made into alcoholic drinks such as tequila.

Chickweed (Stellaria media)
Can be added raw to salads or cooked as a vegetable.

Chicory (Cichorium intybus)
The roots of this plant are used as a coffee additive. The sky blue flowers are also edible and make a terrific addition to salads.

Dandelion (Taraxacum officinale)
The flowers can be made into wine or jelly. The roots are sometimes used as a coffee substitute. The young leaves make a nice addition to salads.

Epazote (Chenopodium ambrosioides)
A tropical American weed commonly used in Mexican cooking to flavor corn, beans, mushrooms, seafood, fish, soups, and sauces.

Garlic mustard (Alliaria officinalis)
The young leaves add a mild garlic flavor to salads, sandwiches, and soups.

JWR Adds: Exercise caution when gathering weeds on any land–whether public or private–that is outside of your personal control. Don’t overlook the risk that you could collect weeds that have been recently spayed with herbicides! Also, just as when mushroom picking, be absolutely sure that you are gathering the intended item. A mistake could prove fatal.



Three Letters Re: Anesthesia for Traumatic Times, by Scott N., EMT

Dear JWR:
As a practicing anesthesiologist, I felt it necessary to respond to Scott N.’s article about TEOTWAWKI anesthesia. First, let me complement Scott N. for the well written article as well as bringing up the issue in the first place. Although it may be interpreted as self serving, I also have to strongly agree with JWR’s admonishment that this is not something to “try at home”.

In a sense, we in the anesthesia field have somewhat become victims of our own success. It wasn’t that long ago that the risk of anesthesia (not the risk of the surgery) was the main consideration in whether a surgical procedure was even attempted. Today, you are probably more likely to die in a car accident driving in to the hospital for your electively scheduled surgical procedure, than from anesthesia. Anesthesia practitioners used to have one of the highest rates for medical malpractice insurance, now it is one of the lowest. These advances in patient safety are multi factorial. Anesthesia providers are some of the most highly trained individuals in the medical field, advances in monitoring (both invasive and non-invasive) has completely eclipsed what was available even 20 years ago and medications, while becoming much more potent, have also become much more precise in their effect. These three factors have led to the risk of anesthesia becoming almost an afterthought.

In a TEOTWAWKI situation, all three of these factors would likely be unavailable. One should be reminded that “lethal injection” is in effect an induction of general anesthesia (the initial medications are the same), and the only difference is the absence of an anesthesia provider at the patients head. It has been stated (although a significant exaggeration), that sodium thiopental (Pentothal) killed more Americans at Pearl Harbor than did the Japanese.

There are three main types of anesthesia. The first being General Anesthesia (GA), which is a state of unconsciousness and is the normal public perception of what anesthesia is. General anesthesia is described as a triad of states: Analgesia (lack of response to painful stimuli), Amnesia (lack of memory of the event) and Muscle Relaxation (a reduction or obliteration of muscle tone). General anesthesia is accomplished by a combination of medications administered by intravenous and/or inhalational routes. General anesthesia requires that the anesthesia provider take responsibility for the patient’s ABC‘s (Airway, Breathing and Circulation). The second is Regional Anesthesia, which is accomplished by injecting local anesthetics (numbing medicine) around a central or major peripheral nerve, thus effecting anesthesia in a “region” of the body, such as an arm or leg or “below the waist”. Spinal, epidural and brachial plexus blocks are routine examples. The third is local anesthesia, which is accomplished by injecting local anesthetics into the soft tissues around the area where a procedure is performed. Typical examples are dental procedures and wound closure (stitches). Even though the latter two do not necessarily include a state of unconsciousness, supplemental sedation, which frequently causes amnesia, leads many people to believe that they “went to sleep” (i.e. were under general anesthesia) when in fact they were not.

In a survival situation, infiltration or local anesthesia would be the preferred technique. An experienced surgeon can even perform an appendectomy under infiltration anesthesia. While local anesthetic drugs (lidocaine, bupivicaine etc.) do have toxic side effects, these can be mostly prevented by avoiding injecting directly into an artery or vein (aspirating the syringe before injecting) and avoiding a “toxic dose” by using no more than one bottle for an adult (this is an oversimplification but is correct more times than not). Having an inexperienced individual stick needles into major nerves or take responsibility for a patient’s ABC’s raises the risk profile to astronomical proportions. – NC Bluedog

 

Sir
I feel compelled to say that as a subject matter expert–an MD Anesthesiologist, in fact–on administering anesthesia, the publication of the article, ” Anesthesia for Traumatic Times, by Scott N., EMT” is fraught with peril. I wouldn’t have published it.Your web site lends an aura of credibility to whatever people read there, at least it does to me. It can however encourage people to try things that they ought to think twice about. More to the point, it can make people believe they are more medically trained than they actually are. As such, the article on anesthesia shares in that aura which it simply does not merit!

Although the author begins to describe the classic “Stages” of General Anesthesia, he should point out that while we in the business still do refer to “Stage 2” under certain circumstances; proper use of these stages is described only for ether anesthesia. Even though the author then goes on in fact to describe the use of ether; I will describe why no one should.

The author then confuses these stages with the goals of an anesthetic: Asleep (unconsciousness), Analgesia, Amnesia, Akinesia, and Autonomic Stability- colloquially known as the Five “A’s” of Anesthesia. I guess that I am a purist, but if the author is going to describe such a “make do with what you have” in a SHTF scenario on such a serious and potentially deadly topic, then the terms should be used as they are professionally understood.

As a matter of background and to make a point, the most standard sedation scale we use is the Ramsay Scale, which describes everything in six stages from mild sedation (peaceful, tranquil, awake and aware) to deep anesthesia (stone-cold out; complete with loss of airway, respiratory arrest, and vital sign changes). The point is: As a rule, a practitioner must be trained to manage an airway of a patient one level deeper than the anesthesia you plan to administer. In other words, at Ramsay score of 3 (what is commonly referred to as “moderate sedation”, “conscious sedation” or “twilight anesthesia”); the patient still maintains their own airway; but at stage 4 can begin to lose airway reflexes; even the practitioner of moderate sedation needs to be able to manage a [compromised] airway. You are not only substandard; you are dangerous if you can’t!

How does this relate to the original article: vinyl ether was never popular since it induced deep anesthesia too quickly. Oops, that was fast- hope for your patient’s sake that you know how to manage the airway! The author, an EMT, certainly can- what about your readership at large?

Also, ether doesn’t just make you a little sick; it is (or was) notorious for causing post-op nausea and vomiting. It caused intra-op nausea and vomiting! Vomiting is one thing, but sucking the vomitus back into your lungs, called aspiration, is a catastrophe. The mortality approaches 30% in young, healthy patients, and leaves them with the lungs of a 70-year smoker if they survive. Aspiration gets worse from there. Prevention of aspiration, for those who don’t know, is the main reason we ask people to fast before surgery- so their stomachs are as empty as possible.

In addition, giving herbal extracts and whatnot by mouth increase the amount of stuff in your stomach. Since adding ether to a stomach full of anything is a recipe for aspiration. Do not be fooled by saying that its barely a mouthful of total volume. The standard for having higher risk for aspiration is a paltry 25cc’s in your stomach. The average adult single “mouthful” ranges from 80-150cc’s.

Indeed, ether was almost abandoned in its infancy because of an aspiration death. A historical anecdote for another time.

There are some other bad effects, both pharmaceutical and physical, of the agents that need to be discussed. Ethers are associated with both acute and delayed hepatic necrosis, and even hepatic failure; they are flammable as both liquid and gas. The liquid is lighter than water and the gas heavier than air, so they can flow and migrate long distances to pick up a spark. And where diethyl ether is flammable (and explosive in enclosed spaces/high concentrations), vinyl ether is explosive! In fact, old operating rooms had extensive protections against heat, flame, sparks, even static electricity (rubber mats and rubber soled shoes in place, after a few demolished hospitals and personnel deaths! The fire potential of these agents is no joke.

More, is the “survival source’ of ether going to be pure? Common contaminants include peroxides, formed spontaneously by exposure to air(oxygen) which are explosive. Inhale that? not me.

Ultram, Toradol, etc- good drugs for their intended purposes- again if you know how to use them. I haven’t got too much to say on them at this time.

The herb that Mr. N spends a bit of time describing, Salvia divinorum, has of course not yet made it into the mainstream medical practice. I remain open to the idea, especially since I know Gamma-Hydroxybutyrate (GHB) would potentially be a boon to anesthetic practice; but because of bad press [about its nefarious and now notorious use as a “date rape” drug] will not be anytime soon. The “establishment” in medicine is well-known for badmouthing things that they don’t like (GHB, anabolic steroids, etc) even when faced with much evidence that the drug has useful medical purposes. So while I can’t say how effective the salvia is, I also can’t say its safe. Also, while inhalation anesthesia is well established in anesthetic practice, smoking is not. Especially smoking near [explosive] ether!

I have long thought of how I can potentially contribute to your work. Even though anesthesia is the skill I can most confidently share; I have resisted writing on the subject for the reasons expressed and implied in this letter. Sincerely, – Dr. Gaston Passer

James,
I pray all is well with you and your family.
Scott N.’s article on Anesthesia is a fine piece to which I would add but little:
Creative use of local anesthetics can preclude the need for a general anesthetic.

1.) Hematoma Blocks: This involves injecting the local anesthetic (no epinephrine) directly into the blood collection at the site of the fracture, etc. This method provides excellent relief for setting bones or otherwise dealing with the appropriate trauma.

2.) Regional Blocks: This method combines a knowledge of anatomy with local anesthetics to block sensation in a nerve bundle supplying a specific region. Although easy in practice, it is best to use a textbook to guide you.

Look around for texts like Regional Anesthesia: An Illustrated Procedural Guide, by Mulroy. There are many fine ones out there. {Remember latest edition is not always greatest edition. Many times medical book edition changes are there to just add the newer drugs and many times they drop “older”, but more practical information.}
Hypnosis is a relatively easy to learn and very effective technique for pain control and anesthesia. Most people are susceptible. I’ve seen it used in major knee replacement surgery with success. I have personally used self-hypnosis it for pain control at times.

One other note: Tramadol is an excellent painkiller. It has a fairly rapid onset, relieves a high degree of pain effectively and is a non-schedule (not subject to DEA scrutiny) drug. On the down-side, it is addictive (although the PDR denies this). Having worked with numerous patients who began taking it according to recommendations, I have seen that even those who never exceeded the proper dosage have a difficult time withdrawing off of it. It appears to affect the serotonin system (same system affected by newer antidepressants and ecstasy) in the brain to a degree beyond the measurable blood levels after taking it for even a short time. I have not precluded use of it in my kit, however. Forewarned is forearmed. My recommendations are to use it sparingly and infrequently. In those instances where a continuous high degree of pain relief is necessary, expect the withdrawal to occur. It can last up to two to four weeks. Thanks to Scott N. for his excellent article and to you, James, for your efforts to assist all of us. – Doc Gary

JWR Replies: I must repeat the proviso to SurvivalBlog readers that anesthesia is an art and science that should be left to professionals. Don’t kid yourself into thinking that reading a few textbooks somehow qualifies you for anything beyond administering a light local anesthetic, if and when times get Schumeresque. A little knowledge is a dangerous thing!



Two Letters Re: DIY Baking Powder Solves a Shelf Life Dilemma

Mr. Rawles,
Regarding the letter “DIY Baking Powder Solves a Shelf Life Dilemma”, Baking soda can be used alone with any acid, whether powdered — like what’s added to baking powder — or liquids like buttermilk (the fermented kind, not the leftover liquids from sweet butter), yogurt, kefir, sour cream, lemon or lime juice, vinegar.

Since baking powder is made with baking soda, I didn’t understand why some people claim they don’t like the [alkaline] baking soda taste. But then I found
this on the Ellen’s Kitchen site:

“The problem with baking soda is that it releases the gas all at once! So if the cake batter sits around for a while before you get it in the oven or it you beat the batter too much, the leavening will be lost and your baked goods will be flat. You don’t want to add too much either, because the taste is rather salty and you’d have to add more acid too. If you don’t have enough acid to react with the baking soda [then] you won’t release the gas, plus your cake or muffins will have a bitter or soapy taste because of the unreacted bicarbonate.”

Since I live in a humid area, I store mine in a Mason jar that’s been put into a vacuum device similar to this one at the Instructables site. [JWR Adds: A jar lid ar adapter can be used with a Food Saver vacuum sealer, to the same effect.]

Thanks for your info, – Shreela

 

JWR,
The recent discussion of baking powder prompted me to remember a book I inherited from my Father titled “War-Time Guidebook for the Home” published by the Popular Science publishing company.
This out-of-print book is in in my opinion is second only to the Bible as the next most necessary book a citizen devoted to serious preparedness needs to have available, rating even higher than the Foxfire series.

Though some formulae in the first part of the book are archaic, many are virtually lost to “modern” society and relevant if or when the supply chain most rely on collapses, including how to make glues, cosmetics, poultices, beverages, etching compounds, cements, medicines, etc.

The second part of the book is a general fix-it guide for the home and farm and covers woodworking, plumbing, painting, electrical, heating, furniture and is a how to guide to “make do or do without” Thank you for your helpful web site. – E.C., Whitefish, Montana





Economics and Investing:

Reader DEK sent this: Zoellick Warns Stimulus ‘Sugar High’ Won’t Stem Unemployment

Long known as a propaganda outlet, Pravda occasionally gets a few things right: American capitalism gone with a whimper.(This piece was mentioned by more than a dozen SurvivalBlog readers.)

Items from The Economatrix:

GDP Drops For Second Consecutive Quarter

Troubled Bank Loans Hit Record High

BofA Lead Director Resigns; More Pressure on CEO

Jefferson County, Alabama, Out of Money in Two Weeks After Tax Repealed

Financial Markets And Economic Crash, The Next Leg Down Will Be Worse “Make no mistake – we are selling off our future and the future of our children to prevent the bondholders of U.S. financial corporations from taking losses. We are using public funds to protect the bondholders of some of the most mismanaged companies in the history of capitalism, instead of allowing them to take losses that should have been their own. All our policy makers have done to date has been to squander public funds to protect the full interests of corporate bondholders. Even Bear Stearns bondholders can expect to get 100% of their money back, thanks to the generosity of Bernanke, Geithner and other bureaucrats eager to hand out the money of ordinary Americans.”

Bottoming Consumer Prices And Commodities “It is utterly preposterous to assume that Mr. and Mrs. America dug in the couch and found that kind of money [Dow Jones Wilshire 5000 increased $2.4T from March to May 09] and decided to invest it. It is even more preposterous considering the environment that the real economy is dealing with at this time. Job losses have been staggering and persistent, it is demonstrably difficult for the unemployed to find work, and house prices are still falling like an elephant dropped from the Empire State Building. How else do we know this increase didn’t come from the real economy? Let’s look at past behavior. When the government handed out $168 billion in stimulus checks – essentially ‘free money’ – did the public invest it in the stock market? No. The public paid bills, or saved it – much to the consternation of the government. So where did this dramatic bear market rally come from? In my opinion, it came from large institutional investors – many of the same people who had their coffers stuffed with TARP money over the past 6 months and the same folks who were essentially given a free pass a while back when the rules for mark to market accounting were relaxed. So what we have here is largely an inflationary rally. … But it isn’t just the stock market. It is the commodities markets as well, and this is where it gets bad for consumers. We are about to witness a wave of inflation, a magnitude of which has never before been seen in America.”

Still Working, But Making Do With Less



Odds ‘n Sods:

The recent AP wire service article on survivalism certainly has grown some long legs. To date, it has been featured on CBS, ABC, MSNBC, Breitbart, Yahoo News, the Drudge Report, NPR, the Huffington Post, newspapers in more than 40 states, at least a dozen television news web sites, and even overseas in The Jerusalem Post.

   o o o

NOAA Issues New Solar Cycle Prediction. (Thanks to Paul B. for the link.)

   o o o

From reader R.M.: Ideas For Self Sufficient Living During Financially Turbulent Times

   o o o

Jim W., a missionary, recommended a visit to the Basic Utility Vehicle web site