Economics and Investing:

A link sent by SurvivalBlog’s Poet Laureate George Gordon (“GG”): Why Sovereign Debt Pain Has Only Just Started

Also from GG come this big red flag article: Greece ‘Dress Rehearsal’ for U.S. and U.K., Deutsche Bank Says

Sent by Trent: Britain faces ‘oil crunch’ within five years, Richard Branson warns

Forget The Mortgage, I’m Paying My Credit Card First! (Thanks to Coyote in northern Michigan, for the link.)

Items from The Economatrix:

Greece’s Financial Crisis Puts Future of Euro in Question

Super-wealthy Investors Move Billions Out of Greece

World Bankers Meet in Sydney as Recovery Fears Intensify

Bank Failures to Keep Rising in 2010

Obama Says Economy Turning Corner to Growth (“Turning at warp nothing, Captain.”)

Seven US States that are Worse Off than Greece, Portugal, Ireland, and Spain

UK: Thousands to Lose Jobs as Universities Prepare to Cope with Cuts

Will We Ever Trust Wall Street Again?

Greek Ouzo Crisis Escalates into Global Margin Call as Confidence Ebbs



Odds ‘n Sods:

There are just two days left in the 25% off sale at SafeCastle on all Mountain House foods in #10 cans is in progress. They are offering free shipping to the 48 continental states! The sale ends on February 13th, so order soon!

   o o o

“Hokie” sent us this: High demand for road salt prompts rationing in Maryland and Virginia

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Just one week remains in Directive 21’s sale on the Royal Berkey water filters. Presently just $262.50, the price will revert to $275, on the 18th of February.

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More about the USDA’s plans replace the NAIS plan, posted over at the Truth Farmer blog: Easter Bunny Reports “NAIS is Dead!!!!”





Note from JWR:

Today we present another entry for Round 27 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.) 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.



Updating the Ancient Art of Caching, by C.W.B.

It was the summer of 1985 and I was deep in the rain forest near the ruins of the ancient city of Tikal in Guatemala. Talking over the cries of howler monkeys, the guide showed us a small cave that had been uncovered on the side of the road. He told us this was one of many caches archeologists had found around the outskirts of the crumbling city. Some had contained only empty containers, and some had been full of grain and other food items. Could some of the citizens of Tikal, preparing for what they saw as the inevitable collapse of their civilization, been preparing by caching supplies around their doomed city? Whether they did or didn’t the fact remains that caching can be an extremely effective survival tool. It is my understanding that the Apache Indians had several caches in the Guadalupe Mountains and elsewhere when fighting U.S. Cavalry units at the end of the last century. Caching allows you to spread out supplies so if any one area is hit, you have a fallback position and have not lost all of your resources. However, caches have other benefits as well. In finding and placing caches you learn your area inside and out. You can also learn how to navigate with or without a map and compass. In short it is good preparation and teaches you good skills.

I live in a small town in Central Texas (we call it “The Hill Country”) near a large river. I live in an average suburban house. As a teacher I cannot afford to pay for the perfect retreat. I can only do my best to prepare for the worst right where I am. However, I know I can hedge my bets by getting to know my area of operations as best I can before disaster strikes. In so doing, I can also place caches of supplies and have fallback camps if my home becomes endangered. The best way I have found to do this is through the modern art of geocaching.
Geocaching is aptly described on the web site www.geocaching.com as follows:

“Geocaching is a high-tech treasure hunting game played throughout the world by adventure seekers equipped with GPS devices. The basic idea is to locate hidden containers, called geocaches, outdoors and then share your experiences online.
Geocaching is enjoyed by people from all age groups, with a strong sense of community and support for the environment.”

And that same web site is probably the best place to get started in your geocaching adventures. Geocaching is a great way to learn your area. It will also train you to effectively place and find caches around your area of operations. It does, however, depend on a high tech (global positioning system (GPS) network and satellites that may be susceptible to destruction or an electromagnetic pulse. Therefore, after learning with a GPS you may want to start using map, compass, and landmarks to locate caches. A great book and a true classic on orienteering is “Be Expert with Map and Compass: The Complete Orienteering Handbook” by Bjorn Kjellstrom.

I could go into all these skills but you really just need to explore the resources mentioned above and practice, practice, practice! What I want to spend the rest of this article on is where to cache, how to cache, and what to cache. Although caches can and are placed in the middle of cities, I prefer placing mine on public lands with heavy cover or on my own property. I also have permission from friends to place caches on their property. This avoids potential conflicts with law enforcement; the discovery by “muggles” (non-geocaching folk); and respects the rights of private landowners.

Containers should be watertight and a color that matches the landscape. I like using ammo cans. I wrap the seal with camo duck tape and add additional protection by placing my items in Tupperware or sealing them in vacuum bags. That way, if the can is penetrated by water, my items are still safe and sound. For this article, I recently went back to Houston where I placed an above ground cache along Buffalo Bayou right before Hurricane Katrina. The ammo can was still intact and everything inside looked just like it did when I placed it. I then took the opportunity to cache it in my new area of operations. Keeping caches small and portable is a big advantage!

What you put in your cache really depends on what you anticipate your needs will be. I usually place food, emergency blankets, water, and water purification systems in my caches. I have found that the Katadyn water filter systems have held up the best on my backpacking trips. A cheaper and smaller alternative is water purification tablets or straws. A good collapsible water container is also a must. Those new water purifier bottles make a good addition to any cache or G.O.O.D. pack. Make sure to write down any expiration dates on food, water, glow sticks, etc. on your cache location sheets and rotate out items as needed.

Another good choice for your cache is non perishable medical supplies such as bandages. But until the Schumer hits the fan, you should not cache anything that could be considered the least bit dangerous such as firearms or ammunition unless it is on your own property. Even then, you may want to break firearms down and cache the pieces in different locations. Boxes of ammunition store great if vacuum sealed. I don’t even presently cache fire starting materials for the sake of safety, although I sure keep them ready in my G.O.O.D. bag.
One thing geocachers don’t do but preppercachers (my own term) can do is bury your booty. This makes it almost impossible for others to find. If you do this make sure to camouflage your dig site well with natural materials until time and rain make things less obvious. Also, make sure to record your cache locations on paper. I keep a coded list of my locations in my wallet, another in my G.O.O.D. bag, and yet another in my gun safe at home. A cache is worthless if you cannot find it again. I also visit my caches once in a while to make sure I can find them and that they are still intact. Because I do this I can usually locate my caches without a GPS receiver or map and compass. I simply navigate using landmarks. A great book on landmark navigation is “Finding Your Way Without Map or Compas”sby Harold Gatty. Once again, make sure you write expiration dates on your list. That way you can rotate items out and use them before they expire.

In conclusion, I enjoy geocaching with my family, it has allowed us to learn to work as a team. We all now know how to navigate with GPS units, map and compass, or by using landmarks. We also have learned how to travel quietly through the landscape without being detected by muggles. Geocaching is not only fun but allows you to practice some very important survival skills. Also, preppercaching is a great way to spread out your resources and not put all of your eggs in one basket. But please, when you are caching remember to avoid dangerous items and respect the rights of private landowners! A carefully thought out and placed cache may very well save your life someday!



Letter Re: Some Thoughts on Bartering and Disaster Preparedness

Greetings Jim,
I hope this letter finds you well. I wanted to touch on a few topics that may interest some of your readers.

I have been in many phases of the construction trade for 18 years, I live on the edge a medium sized city, and like so many others, because of my work, and the need for a population to support my livelihood, my options are limited as to where I live, so I will have to make do with where I am. Being in the construction industry, I learned early on that it’s Feast or Feathers, so the mentality of not over extending myself is a practiced form of life. The first thing I did to prepare for the inevitable, and sustained “feathers” portion of the economy was to make my home purchase one that would not over extend me debt wise. Second, was the ability to pay the taxes without too much pain. I believe that property tax, is going to be the focus of local governments in the near future, especially as they look for ways to close in on mounting deficits . Give them a reason to confiscate, and they surely will move in that direction in favor of revenue enhancing programs. Given that property tax is almost always adjusted up to reflect the improvements on your home, I have seen mine literally double in 4 years, and I still have two major projects left before my property is ( considered by me) a suitable, safe place to ride “it” out.

I have focused on building a bartering network to offset the cost of projects.Most of my improvements have been done in the form of bartering with other trades people. Bartering has also allowed me to acquire expensive services that would otherwise set me back financially, I trade with my dentist, my lawyer, my accountant. and even with a couple of suppliers. I have found that many of these professions are eager to avoid the hassles and punitive measures that often accompany the regular coarse of business. Which brings me to my next point. Permits and Inspections.

Home improvements always come with an array of rules and regulation, many of these are understandable for safety sake, However, many are simply [revenue] fodder. (A permit for the replacement of a hot water heater, for example.) But one thing they all have in common is that it allows your Local Government to know things that should otherwise be none of their business. Pulling permits to see who has what, and who has done what, where, is something that can be used against citizens in times of crisis.

The Government surely doesn’t inform it’s citizens when it undertakes a project to protect it’s leaders for times of emergency. (The massive bunker built for the US Congress beneath the Greenbriar Hotel in West Virginia comes to mind ) The citizen preparing for times of crisis or worse, should not be fooled into thinking that the permit they pulled to build that hidden underground room for food,ammo, supplies and “other” storage and equipment won’t be used against them to search for supplies that can be redistributed for the “good of the public” I certainly do not advocate living life by breaking laws, But we live in times that I feel warrant certain acts of self preservation.

In making a decision to build, some of the more elaborate projects, such as, subterranean bunkers, with concrete ceilings/ outdoor patio. require engineering to be built safely, so do your homework and don’t scrimp on safety. Search out Tradesmen who are thoroughly experienced in their field, and follow their advice and recommendations.

Remember to offer your line of expertise, if you have a skill, or profession, no matter what it may be, you may be able trade out some or part of your project. speak up!, don’t be shy make an offer, bartering/trading deals are no longer made in back rooms and bar rooms, it has become a widely accepted form of doing business, every single trade in the construction industry is marred with inspections and regulations, government intrusion and permissions.. tradesmen are happy to avoid the ones they can… If you do trade, remember to emphasis networking, trading is fast becoming one of the only affordable ways to get yourself in position for the inevitable. if you have a tradesman working for you who needs car repairs, dental work, landscaping or even a baby-sitter for his kids.. offer to “spread the word”..practice this form of doing business now. If you are a simple construction worker like myself, don’t shy away from the high end professions like doctors, lawyers, and dentists. Many of them are eager to trade.

May God bless us through difficult times, and may the coming challenges give us strength to endure. – Larry O.

Letter Re: Some Real World Battery Life Data



Letter Re: Some Real World Battery Life Data

Jim,
The recent article by ‘Cactus Jim’ got me thinking about a type of battery rarely mentioned, the ‘dry-charged’ lead acid, where the end-user fills the battery with acid after purchase.

Initial impression is that this type, if kept sealed in a temperature and humidity stable environment, could last indefinitely, only being flooded and charged when needed. Battery acid is stable and does not deteriorate if kept sealed.

Our local NAPA auto parts store stocks small (motorcycle/garden tractor) units and will special order most any size 12v battery. Price is the same as for the equivalent wet-charged units except the acid must be purchased
separately.

If you have any experience with these batteries perhaps you could relate the info to your readers. – Steven J.S.

JWR Replies: Be advised that most of the “just add acid” batteries sold by automotive parts dealers are identical to standard production batteries, but merely “spun dry”, after the batteries are factory tested. This leaves traces of battery acid that will cause some sulfation of the battery plates. Also, most of these batteries are designed for engine starting –not true deep cycle duty. But conceivably if you can get dry-condition storage batteries from a battery vendor (such as your local Trojan dealer), then you could leave one of these batteries on the shelf for a couple of decades, add acid, and it would still have a 5+ year service life. In a long-term gird-down scenario, that sure beats the alternative!

When storing carboys of battery acid for this purpose, keep in mind that you’ and your helper will need to have the appropriate safety gear, to wit: an apron, heavy rubber gloves, goggles, boots with thick uppers (or better yet, rubber “mud” boots–called “Wellies” in the UK), and a full-coverage heavy long sleeve shirt. OBTW, one trick that my father taught me to keep plastic acid funnels from tipping: Clamp the funnel’s lip “tab” in a pair of Vise Grip pliers, to use as a handle.



Two Letters Re: The Cessna 172 Bug Out Plan

James,
In response to the recently-posted writing contest article The Cessna 172 Bug Out Plan, by Captain Zoobie:

1. Unleaded gas works perfectly well in Cessna 172s. (Just use some leaded fuel once in awhile to lube the valves). Even with an open window, fumes from gasoline containers in the cockpit will likely be unbearable, especially at altitude! (You have to vent them or they might burst as you climb, the original poster should know this.)

2. If you want to be able to get out in an emergency, you should hangar your plane at a small airport and get out before authorities have time to come out and shut it down. Any larger airport will likely have the runways blocked with vehicles, and you might even get shot down by small arms fire if you try to escape.

3. In a real emergency, there will likely be a nationwide no-fly order in effect immediately, as on 9/11 and thereafter. If you want to escape with a no-fly order in effect, you’d better be able to fly at treetop level, and it would be best to know where radar stations are so you can stay over their horizon. If you fly at 8,500 feet, you are likely to get shot down. In any event, true preparedness would include a way to get down, get to a stashed vehicle, and then get away from the area before authorities show up looking for the ‘terrorist’ who defied the no-fly order. And if it’s your own airplane, they’ll know where to look for you. Quickly.

4. Add in one passenger, and the whole weight equation changes. It is better to have a place you can fly to where your stuff is stashed, and that you can drive to if weather is bad. A couple old vehicles at the destination with full tanks of fuel wouldn’t be a bad idea either, for use as a fuel cache or escape, depending on conditions.

Conclusion: The airplane as a bug-out tool can be useful if there are warning signs of impending nuclear attack (don’t rely on government or news to warn you explicitly), or if society breaks down enough that authorities won’t have the resources to stop you. Otherwise, it falls under the heading of ‘the more complicated and high-tech your emergency plans are, the more likely something will go wrong when you need them most’.

I’m a pilot, too, and love to dream about using an airplane to bug out. But the reality of it is, it’s probably only going to be useful if it’s used before TSHTF. Weather, conditions at the departure and destination points, potential hazards en route, ability to even get to your airplane, and running afoul of the air defenses of our military are just a few of the things that can foil this escape strategy.

Thanks for a great blog, – Anonymous John

 

Jim:
I think Captain Zoobie has a good beginning on a plan to use his Cessna 172 as a bug out vehicle, but there are a few things I would like to add.

* Beware of density altitude.

I live in the Sierra, and the nearest air port is Truckee (TRK). The airport is at about 5,900 feet MSL, but on a hot summer day the air can thin out so that the density (equivalent) altitude is 9,000 feet! When the air is that thin, you have 15% less power, 15% less thrust, 15% lift, etc.. Experienced pilots have killed themselves (and family members) because they underestimated the effects of density altitude. If there is any chance that Capt. Zoobie may do some mountain flying, I recommend he get dual time with an instructor who is well versed in mountain flying. Also, there is a gem of a book “Mountain Flying Bible ” by Sparky Imeson. This is an excellent introduction to issues he will need to know about.

* Do a trial run packing the aircraft.

There is no substitute for practice. This also includes packing the aircraft and determining if all of that gear will actually fit. I would also suggest taking notes on the packing process if it turns out there are special ‘hints’ he should remember for next time.

* Is the useful load really 900 pounds?

It’s been awhile, so my memory may be faulty, but I thought the 172 had a useful load closer to 700 pounds. In any case, the Pilot’s Operating Handbook (POH) for the model in use is the gospel. Keep in mind that while the maximum load is legal, and structurally safe, the handling response will be degraded and he should avoid situations where rapid or violent control inputs are necessary (such as spin recovery).

* Ham Radio Repeater Networks

I’ve recently discovered that there are 2 meter ham radio repeater networks in areas I would not have imagined. If Captain Zoobie has a 2 meter band handheld, he can probably get very good intel on what’s going on in the area, before he exposes his aircraft to danger. It
would be handy to laminate a list of repeaters, frequencies and PL tones that he will be traveling near. 73 and Best of Luck, – Bear in the Sierra



Economics and Investing:

The BHO administration seems bent on paving their way out of the recession, with $20 billion in new road and bridge building contracts. But I’m dubious about how efficacious this will be in creating permanent jobs, and boosting economy. This is all just sinking us (collectively) deeper in debt. Take a look at Japan’s massive road building program in the1990s. It certainly didn’t buy them an economic recovery. How can the BHO administration expect anything different?

Chad flagged this: Is Washington’s tax exemption on bullion a gold mine? [JWR Adds: As the majority of the 50 States get increasingly desperate for revenue, we can expect to see similar headlines pop up soon.]

GG sent this: Rash of retirements pushes Social Security to brink.

The Other Jim R. sent this: Italy Seizes Bank of America, Dexia Assets in Derivatives Probe

Items from The Economatrix:

Public Employees: Rolling in Dough

In Praise of Mammoth Deficits

What’s a College Degree Really Worth?

Baltic Dry Index Collapses 40%, Signal Further Worldwide Economic Weakness

Mexican GDP Down 6.8% in 2009, Worst in 30 Years

Crisis Looms in Japan as its Economy Slowly Melts

Stocks Trade Mixed as European Debt Woes Remain

Stock Futures Climb Ahead of Opening

EU Searches for Way Out of Debt Crisis

Oil Above $72 on Weakening Dollar

European Stocks Up Cautiously on Hopes for Greece



Odds ‘n Sods:

Reader Dick S. mentioned that there’s a great article in the February issue of Field & Stream magazine, titled; “The Ultimate Survivor: Life in the wild with Alaska’s toughest trapper.”

   o o o

The 25% off sale at SafeCastle on all Mountain House foods in #10 cans is in progress. They are offering free shipping to the 48 continental states! The sale ends on February 13th, so order soon!

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The recent article titled “Forges Foundries, and Factories” by JIR prompted several readers to write to remind me about the wealth of resources on traditional skills, published by Lindsay Books. Yes, they’ve been mentioned before in SurvivalBlog, but it bears repeating. BTW, one of their latest titles is devoted wood gasification–alowing you to make electricity from firewood.

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The folks at Medical Corps are holding another one of their excellent three-day “Combat/Field Medicine School” courses, from April 30th through May 2nd. The class will be held near Caldwell, Ohio at the Ohio State University Extension building. Contact: Chuck Fenwick at 740-783-8009 for details.





Note from JWR:

Today we present two entries for Round 27 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.) 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.



Forges, Foundries, and Factories, by JIR

While you are deciding what to store away, don’t forget about the needs of your grandchildren. They will need reference books. After TEOTWAWKI, any survivors in the USA will be living on capital. I am talking about capital in the form of basic commodities, like grain, legumes, clothes, fuels, and machines. Some of this capital needs to be replaced almost immediately, like food, for instance, but some of it will take generations to wear out completely. Until we can replace everything we use up, we will not be truly recovered. Eventually, we will need to replace our generators, tractors, firearms, cloth, etc. Within a couple of generations, we will need to replace our basic garden tools like shovels and hoes and plows. Finally, we will need to resume production of basic materials like steel. We may be able to lean on other countries during our recovery, but It’s going to be a long backward road for a long time until we can build and replace the capital we have now.

We used to be a powerful industrial nation, but today, we are not. Most manufacturing capability in the USA has been “outsourced” to China. The metal fabrication shops in the USA evolved over time into larger and more sophisticated (and more efficient) factories and were eventually defeated in the global market by cheap labor overseas. Now, a generation later, we are running out of people who even know how to cast or shape metal. Even as late as 1960, mom and pop metal shops were fairly common in the USA. I remember back when I was a boy, my uncle needed a tractor part that was no longer produced. He simply went to the metal shop in town and handed them the broken part. They made him a new one in a few days and helped him install it on his tractor. This capability has mostly disappeared in the US.

Metal working has become complex and very exact since the 1950s. The tolerances have gotten so tight that manual lathes and mills can’t compete with specialized machines anymore. The equipment has gotten outrageously expensive and largely depends on micro-chips. To compete in the global market, you have to use very specialized tools and machines, or cheap labor. The cost of production has dropped so low that local shops with basic equipment can’t compete and have slowly been replaced by cell phone vendors or other service economy businesses. A major economic crisis or EMP event would likely destroy most of our remaining production capability (or make the products they currently produce obsolete along with their specialized production facilities).

We need to preserve and pass on as much industrial knowledge as we can to the next generation and the next, because it is our grandchildren who will have the leisure time and capital to rebuild. Our own generation will be too busy providing bare necessities. After TEOTWAWKI, who is going to make pumps and critical parts for important machines? The answer is: Your children and grandchildren. If you can’t master and pass on these critical skills, at least buy and store some books. I have some recommendations under each topic. You probably also need to store school books of all kinds, and begin formal home schooling almost immediately after a collapse, so the light of knowledge doesn’t flicker out. Make reading, writing and math important to your children so they will pass it on.

If you are able to do it, passing down the skills directly to your descendants is the best approach. Working with your kids to teach them metal working skills can be a powerful way to grow together and instills the child with a sense of empowerment. “Bending the black metal to your will” is a powerful feeling. Metal work builds character and makes you feel like you have some control over the world. You feel like you can accomplish anything.

I believe a basic machine shop with a foundry and forge will be almost immediately valuable after TEOTWAWKI if you can get it up and running again without the power grid. Critical machines in your community will need repairs and parts will need to be fabricated and other machines will need to be adapted to new uses. This is fairly easy work if you have a well equipped shop and some skill. I have no doubt your machine shop will be in big demand pretty quick. The good news is, you can set up your own basic metal shop for a few thousand dollars. For under $5k, you can have a very efficient one or two man shop. You can also acquire metal working skills for free in your spare time as a hobby. The bad news is, you probably won’t be able to make much money casting and machining from your home shop. It won’t ever pay for itself as long as your work has to compete with China and the throw-away economy. Metal work in a home shop is more of a hobby these days than a valid business plan.

Critical capabilities:

-Smelting. Not immediately useful. This is the ability to turn ores into finished metals. Usually, this is accomplished by cooking ores with the appropriate fluxes and adding elements you want in the finished metal. Some metals like aluminum also require complex processing like electrolysis. (There was no such thing as [large scale production] refined aluminum until 1825.) With all the refined metal we have laying around on the planet, I see no need to learn and practice these arcane skills for many generations after TEOTWAWKI. Visit any junkyard and you can pick up tons of metal better than you could produce yourself. Raw materials are not an issue IMHO and if you have a good supply of general reference books, that’s probably all you should do to preserve this knowledge.

-Founding. This is the ability to melt metal and cast it into a rough shape. If you keep this simple it’s much easier than you probably think and can be done on a tiny scale in your back yard. Each metal alloy has a different melting point (and obviously many other different properties). Casting aluminum alloys requires a foundry capable of reaching only 1,250F while casting steel requires a much more robust foundry that can reach close to 3,000 F. Casting Iron is probably beyond most people, but non-ferrous metals are not hard at all. Many machine parts can be made of aluminum, copper or bronze castings and work about as well as steel. While cupric metals are horribly expensive, aluminum is cheap. You can practice casting using aluminum for almost nothing. You can build a hobby-scale foundry for non-ferrous metals for under $200 and turn out small machine parts at least as good as any factory. A good reference for this is Stephen D. Chastain’s two volume set “Metal Casting: A Sand Casting Manual for the Small Foundry“. He also has a book called “Iron Melting Cupola Furnaces for the Small Foundry” that provides complete plans and operating instructions for a larger scale coke fired iron furnace.

-Forging. This is the ability to hammer metal and change the shape. It’s much easier and cheaper to pound steel into shape than try to cast it. Blacksmiths heat steel, reshape it using a hammer and tongs and then heat-treat it to whatever temper is needed. A very professional forge can be home-built for under $400, even if you buy most of the parts. A decent anvil can be had for about $400 (or much less if you compromise). Most of your other blacksmith tools, you can make yourself from scrap steel. You can design a forge to burn propane, coal, or charcoal. To learn more, visit Ron Reil’s web site and follow the links. I built a propane forge similar to the ones described on Ron’s site from an empty propane tank and used a venturi burner made from plumbing parts for under $100. Four years ago I broke down a bought a professionally made burner from Rex Price. Rex is a great American who operates a “mom and pop” machine shop with his sons. He makes venturi burners that I can’t recommend highly enough.

If you ever need to convert to another fuel, such as charcoal, it’s pretty easy to do. I built a charcoal forge and a bellows in one day from an old grill. If you keep a few fire bricks, and a few pounds of satanite refractory cement on hand, you can build a new charcoal forge in less than a day. These materials are cheap and abundant now with internet shopping, but will be difficult to get after TEOTWAWKI. While you can do without them, they sure make your life easier.

There is no substitute for a good anvil. The bigger it is, the more stable it is and the more enjoyable it is to work with. But, if you need to, you can get by with using almost any heavy chunk of steel or even a big rock. My first anvil was a 16 pound sledgehammer head and it worked pretty well. The Vikings turned out some wonderful steel work with much less. The only specialized or expensive tool I recommend is a trip hammer. They are quite expensive, bulky and heavy, but you can do a lot more work with a power or even a foot operated hammer than you can by hand. It will triple your productivity and save fuel.

Blacksmithing is a lot of fun and easier than you probably think. I can recommend two great references: “The Blacksmith’s Craft: A Primer of Tools & Method” by Charles McRaven, and “The Complete Modern Blacksmith” by Alexander Weygers. [JWR Adds: I also recommend Weygers’ slim tome: “The Making of Tools“]

-Grinding and filing. This is the ability to abrade metal. Even something as simple as sharpening an axe requires this capability. There are a variety of power tools used for these operations. A good 8 inch Bench grinder costs about $150 and you can get a decent 4 inch belt grinder for around $200 for a home shop. These, of course require electricity and replacement abrasives. The old-school way was a foot powered stone wheel. To my knowledge, you can’t even buy one of those anymore. Instead, if the power goes out for good, I plan to build my own, probably based on a bicycle chain drive and use existing abrasive wheels from electric bench grinders. An even older method was to use sand held by damp cloth or leather, but I would sure hate to try that.

Files used to be the most important tool in the machine shop. They were (and are) used to precisely shape and fit metal parts. 19th century machining depended almost entirely on files instead of lathes and mills and grinders. Steam engine parts were largely shaped using a lost art called “Flat Filing”. While modern practitioners can’t approach the accuracy and uniformity the machinists demonstrated in the age of steam, it’s relatively easy to fit machine parts and castings using a set of good files. While you probably couldn’t fit a BMW piston, you might be able fit cast parts with looser tolerances, like from a farm Tractor or old Ford truck. Unfortunately, files are extremely difficult to make yourself and they wear out with time. You will probably be able to replace them for some years after TEOTWAWKI by scavenging, but buying a good assortment now will cost less than $150. Buy top quality files. Craftsman (Sears) makes good files. Cheap files are useless. The best way to learn proper parts fitting technique is to just do it.

-Bending/shaping sheet metal: Sheet metal is amazing when you consider it. Imagine trying to beat a chunk of steel into sheet metal on an anvil and you will appreciate that to create new sheet metal after a disaster, you will have to have some large machinery. Fortunately, with millions of dead automobiles and appliances laying around, you should have plenty of raw material for a few generations. You can make almost anything you can think of with sheet metal. It’s especially handy for making cooking vessels and containers of all kinds. You can do basic sheet metal work with only a pair of pliers and some tin-snips, but for serious work, you need a sheet metal brake and an assortment of vices and dies. Before you buy any tools read a good book on the topic. This is a great reference, but a little pricey: Sheet Metal Forming Processes and Die Design

-Tapping. This is simply cutting screw threads. Fortunately, taps and dies for cutting screw threads are still manual for the most part.

-Welding. This is the ability to join two pieces of metal by melting them into each other. There are basically 3 ways to weld. Forge welding, arc welding and torch welding. You can also use thermite to weld large pieces. Welding is a huge topic and a whole career field on it’s own. Being able to join to pieces of metal with a weld joint is a useful skill.

1. Forge welding is used to mix or join two hunks of metal by whacking them with a hammer. It’s useful for making axes, chains and other tools, but in the modern world, it’s mostly practiced to make expensive pattern welded (damascus) knife blades. This is one of the skills you master as you learn to be a blacksmith and the techniques are covered pretty well in the blacksmith references.

2. Arc Welding. This is using low voltage-high-current electrodes to create an electrical arc that heats surrounding metal. Arcs are very hot, but they effect a relatively small area. Working with simple low-carbon structural steels, arc welding is pretty easy to learn and requires very rudimentary equipment. $300 dollars can buy a decent basic rig. The hard part is buried in the details of improving on this basic capability. To weld complex alloys to each other or to prevent oxygen absorption (and later rust), requires a lot of knowledge, skill and better equipment. I have the most rudimentary equipment possible and almost no skill, so I can’t recommend a reference.

3. Torch welding. Oxygen and acetylene from large tanks are mixed and burned to form a hot jet capable of heating, welding and cutting steel. Getting replacement gasses will be difficult after a couple of years, but while they last, this is a great tool. Again, having very limited skill at welding and no torch of my own, I cannot recommend a reference.

-Brazing and soldering. This is non-ferrous welding. It can be done at a much lower temperature than welding, usually using a propane, MAPP-gas or oxyacetylene torch for heat. Soft soldering is much easier than brazing and is very useful for working on electronics. I don’t often braze so I have no recommendations on learning this skill.

-Riveting. This is one of the easiest methods for fastening metal pieces together. Most people have used a pop-riveter. The problem is, pop rivets are not easy to make and the supply will someday run out. Also, pop-rivets are weak compared to heavy steel rivets. Real rivets can be made as thick and strong as you need. They are cut and hammered from steel rods using a forge, hammer and tongs. They are easy, secure and quick to use, so they were very popular in the 19th century. Forge riveting is covered in the references on blacksmithing.

-Cutting. This is the most common operation you will probably do in a machine shop. Everything you make will require you to cut metal. There are a lot of methods for cutting metal, and you may use all of them interchangeably, depending on the materials you have to cut.

1. Hot or cold chisel cutting. This is simply heating metal until it’s soft and then cutting it with a hammer and chisel. You can also cut bars quickly and easily on a hardy (an anvil tool accessory). This will be a quite common way to cut bar stock and will be the only method easily available once all the saw blades and torches are useless. I have split a truck leaf-spring lengthwise using this technique. While it’s very laborious, it works every time and requires nothing high-tech. For smaller jobs or softer metals. You can also cut with a cold-chisel without heating. Techniques are covered in the aforementioned blacksmithing references.

2. Hand saws. Hacksaws are still commonly used in metal work. They are the workhorse of some shops. With enough patience and enough blades, you can saw a car in half. Buy only good blades to cut hard steel and keep them cool using cutting fluid or oil to cool the cut and remove chips. Making or re-sharpening hacksaw blades is possible, I suppose, but I have never tried it. Once all the hacksaw blades are gone, hand cutting is going to get much harder, so make life easier on yourself and stock up.

3. Power saws or angle grinders. There are many different power cutting options out there and none of them are pleasant. I use a reciprocating saw, jigsaw, angle-grinder and a circular saw. All of them require proper blades which are expensive. After a crash, you may wind up trying to make your own blades or re-sharpen them. For that, the easiest is the simple reciprocating saw. If you get the balance or temper a little wrong on a chop-saw or an angle grinder you might get hurt or even killed. If you get a reciprocating saw blade wrong, you won’t get hurt. Also, the blades are much simpler to make on a forge and the teeth are fewer and easier to cut with a chisel.

4. Torch cutting. If you have an oxyacetylene torch (or a plasma cutter) they make short work of cutting steel. Watch out about overheating any steel part that requires a known carbon content or accurate tempering. High temperatures cause loss of carbon and can result in spongy, brittle or soft steel. Some steel alloys react very badly to extreme temperatures and the finished part or tool will fail without warning if burned.

5. Shearing. This is the preferred way to cut thin metal, like sheet metal. A large pair of tin-snips or shears will make cleaner, easier cuts than any other method.

-Drilling. This is the ability to make holes in things. Making a precise hole in hard metal is a complex task. Drill presses with micrometer tables are indispensable to a good machine shop. A good drill press can easily cost over $1,000, but unless you need a very high level of precision, you can get by with a $300 press. If you are planning to buy a mill and your shop is small, you might not need a separate drill press. Drill bits are relatively easy to make yourself, but you will lose precision. There will probably be no problem with re-supply of drill bits for a number of years after a crash.

-Turning and milling. This is the ability to spin a metal part and symmetrically cut it to a perfectly round shape or precisely cut complex shapes into metal parts using a spinning cutter. Lathes are one of the most versatile power tools available and it will be impossible to do without them completely. Some method will have to be found to power lathes after a crash if we are to recover. A good lath or mill can be very expensive. But look closely at what you are buying. You don’t want a computerized machine or digital anything. Precision is less important than reliability. For a small shop, a combination lathe/mill makes a lot more sense than two power tools and will save you a little money. A very basic, fairly accurate combo tool can be bought right now for under $1,000. This is the most expensive tool in your shop, so choose wisely. With a combo tool, you can do almost any turning or milling or drilling operation you can think of. (If you have a mill, then you don’t need a drill press).

There are no hand powered drill presses, milling machines or metal lathes on the market today. 19th century mills used to power their machines using wide belts driven by water or steam. There are not many steam engines laying around these days and modern appliances are not easily convertible to other power sources. They usually have a belt drive, but it’s not situated to make conversion to water or animal power easy, even if you are otherwise set up to do that. Once the power is off, you will need to produce electricity to use modern machine tools. Practically speaking, there is no easy way around this. You might be able to run a small mill off of a vehicle and alternator using a large inverter, but you really need more reliable and cheaper power than a vehicle can produce. You will need some kind of generator, at least 4000 watts to really have a working machine shop. Without power, you will be reduced to using a “brace and bit”, anvil and forge and files or grinding stones for all your work and your efficiency will drop off to next to nothing.

So, what can you do with your cool metal shop?

Create a machine replacement part from scratch: Whatever metal part breaks on a machine, you have a pretty good chance of being able to fabricate a new part. If you have an example of the part you want to make, you can usually cast a blank part using your foundry. Even if a part is broken, or missing pieces, you can duplicate it if you can guess the missing parts and build a model from wood or something. Sand casting produces a rough shape only. When you dump your mold, you will have an object that vaguely looks like the part you want. It must be filed, turned, drilled or milled to final shape and then fitted carefully to replace the part needed. Some parts can be forged into rough shape and then filed or ground to fit. You can fabricate and fit a new part in a single afternoon with the right equipment. Useful? You better believe it.

Create a fixture. Often, you suddenly need a hinge, hook or lock or something from the hardware store. You can make mostly anything you can think of quite quickly using your forge and other equipment. I can’t count the times I have quickly hammered out new fixtures using junk steel because I was too lazy to drive 10 minutes to Lowe’s. Horse shoes and spike candle holders are easy. Fireplace furniture is a snap. Hinges, buckles, latches and hooks are pretty easy too. If you need it, you can probably make it.

Make a tool or knife: With a forge, you can bend and shape steel in many different ways. If you can think of a hand tool, you can probably make it. But, don’t expect miracles, you are basically whacking a hunk of steel with a hammer. You cannot create small precision parts and tools on an anvil. You can, however rough them out and use a file to shape them into final form. You can also carefully control the temper of steel tools and produce superior cutting edges, all with primitive gear and no electrical power.

Making a pot, pan, colander, container, or set of dishes: You can make almost anything of this sort out of sheet metal taken from old appliances or cars. If you need a new tool box, just whip one out.

Turn junkyard steel into useful machines. Okay, this is harder than repairing an existing machine, but it’s conceivable that you could design, cast, and fit your own steam engine or something equally impressive. The sky is the limit.

The quicker we can get rudimentary local industrial capability back in action, the easier restoration of society will be. – JIR



The Cessna 172 Bug Out Plan, by Captain Zoobie






My Situation
I currently live at the outskirts of a larger metropolitan area. In the event of TEOTWAWKI, I want a way to quickly get out of Dodge. I have a retreat a few hundred miles away from where I live which I know my family can, and almost certainly get to in the event it is necessary.

I have my BOB for both my car and my home and while I could try to drive to my survival retreat, I recognize that survival is about adaptability and relying on my skills. I hold a pilot’s license with multiple ratings and want to discuss my plan for how I would “bug out” in an airplane. In many ways, it would be like bugging out in a car, but there are some special considerations.

As a side note, I have prepared a couple binders with all of my emergency plans and provided one copy to my family and left another one at our retreat. This is an excerpt of part of my plan (as I know that their knowing what I have will make them more secure in what I am capable of accomplishing).

Bug Out Airplane (BOA)

There has been a lot of discussion in SurvivalBlog about bug-out vehicles (BOVs) but I’ve only seen a brief article or two on BOAs (Bug Out Airplanes) and all but one of those (that mentioned Cessna 172s) dealt with having a small recreational single seat ultralight for recon and not real long term travel to a retreat.

My scenario is prefaced on using my Cessna 172. The reason I chose the 172 is because it is the most produced aircraft in the world (over 43,000 have been built since 1955). Additionally, its performance is versatile and needs, if fully loaded, not much more than 2,700 feet of runway at 4,000 foot elevation.

I’m presenting my plan in the hopes it inspires others to (1) share their plans, or (2) start a discussion about other considerations as to a BOA.

Appropriateness
Using an airplane in an emergency situation is not always the best idea. In fact, in many situations, such as nuclear war, it may be downright suicidal. However, in the event of an economic collapse, or possible pandemic, it might in fact be the quickest way to get out of Dodge.

There are many considerations that I’ve taken into account and here is a brief outline of my plan.

Planning
These are my general planning concepts:

  • Navigation. In the event I need to bug out, I need to begin with the presumption that the total breakdown in society includes the loss of all navigational aids (due to loss of power or other interference). This includes GPS as well as ground based NDBs (non-directional beacons), VORs (VHF omnidirectional range [beacons]), and TACAN (Tactical Air Navigation [beacons]). Thus, in the event of an actual bug out, my starting presumption is that I cannot rely on any air navigation and will have to operate under Visual Flight Rules (VFR). This lack of navigation also includes a loss of FAA services such as radar services. Here it becomes especially important that I adhere to established VFR protocol (specifically altitudes). I ask that if we are in this situation, other pilots have strict adherence to this as well.
  • Weather
    Additionally, because there is a complete breakdown in society, I will not have the luxury of any weather information. To compensate for this, I plan to carry extra fuel (see supplies section for further explanation).
  • Route Planning
  • Altitudes. My plan is to travel at either 7,500 or 8,500 feet depending on my direction. In short, VFR traffic flying easterly should be at odd altitudes plus 500 feet (e.g., 7,500 feet). Westerly bound traffic should be at even altitudes (e.g., 8,500). My rationale is twofold. First, the Cessna’s best performance is based on the airplane flying at 8,000 feet (approximate range is 485 NM +/- wind effect). Second, this altitude is high enough that I shouldn’t be a target for any trigger happy individuals. Third, this should keep me below jet and military traffic. Finally, at 8,000 feet, I should have a 12 NM glide range in the event of an emergency which will give me plenty of time to make decisions and potentially put myself at least a half-a-days hike away from or closer to any location I chose.
  • Avoiding Airspaces. I planned my route to avoid two types of airspaces as much as possible: Class B and MOAs. I’m afraid that with Class Bs and MOAs, there might be some jet traffic and in the event things are an uncontrolled free-for-all, I don’t want to play chicken with someone’s private jet.
  • Navigation. As discussed above, I anticipate a complete failure for major navigational aids. However, I have identified a few navigational aids near military bases and power stations which, as my thinking goes, could still be active in the event of an emergency to help coordinate government. I’m not going to rely on them but I will first monitor those in the hopes that they can provide some directional assistance. GPS is ultimately controlled by the US Government, so I don’t have a lot of hope that it will be a useful resource in complete government collapse.
  • My ultimate tool is going to be Visual Flight Rules (VFR) [piloting] and again, I’ve chosen landmarks in my prepared flight plan which should be easily recognizable (bodies of water, geographic features, large and distinct construction projects, etc…).
  • Route. When traveling, I’ll do my best to fly point-to-point, keeping in the considerations listed above. I have scouted a few isolated airstrips and found a few patches of remote roadways where, if necessary, I could put down to refuel or wait out any weather. I’ve marked all of these on old aviation maps and will alter my course slightly, if necessary to keep myself within range of them. There are a lot of nice small airports that are in isolated locations that, with a little looking, can be easy to find.
  • Radio. Finally, I’ll monitor appropriate frequencies where appropriate, including 121.5 but not broadcast unless I feel it’s absolutely necessary since I don’t want to give
  • Landing. Before I land, I feel it is important to overfly the area I plan to set down to make sure I’m not flying into a danger. I’m also going to make sure that I have enough fuel that if it is not safe or prudent to land, I can abort with a comfortable reserve (preferably 45 minutes). My initial though is that I’ll descend to the desired landing area, overflying and inspect the intended runway and then proceed past it for a while, to not give away my intentions. I’ll then climb to altitude and come in with a simulated engine out (with low power to be as stealth as possible) yet having the ability to add power if needed and climb out.
  • Time of Day. I’ve done a reverse line of retreat and figured out what time I need to depart from in order to arrive at the destination before dark [at the wither solstice]. I have, in the emergency book I’ve prepared for my family, directions on how to communicate with me at the airport when I arrive (code using road flares and non-aviation radios) to warn me of any dangers.

Supplies and Other Weight Considerations

  • The question of what to load into a Cessna Bug Out Airplane Presents a few unique challenges.
  • Any airplane has a weight limit. In this case, my goal is to load 900 lbs of supplies into the airplane (the maximum amount allowed per the POH). There are some weight and balance considerations (see the following weight and balance / loading section for further explanation). This is where your survival planning is really tested because everything needs to be planned out since weight is a major limitation factor.
  • Me. Obviously I need to fly the plane. I’m going to assume that I am fully loaded down with clothes (e.g., jacket, boots, hat and gloves) and just ate a full meal (something I would do in the event I decided to bug out to keep my alertness) at 170 lbs.
  • Extra Aviation Gas. In the event of TEOTWAWKI, we all can agree that fuel becomes a valuable commodity. Aviation fuels are leaded so they won’t work that in regular cars as regular unleaded gasoline won’t work in airplanes. Thus my assumption becomes that the minute I take off, I’m not getting any more gas beyond what I have.
  • My plan is to carry 8 Gerry cans of Aviation Gasoline with me in the cockpit. Each Gerry can weighs about 11 lbs empty and holds 5 gallons of fuel (1 gal of aviation fuel = 6 lbs.). Yes, under normal situations this is downright stupid but after reflecting on this, I feel the risk outweighs the reward and flexibility of having extra gas. My biggest fear is having to divert because of weather and not having enough gas to carry on thereby putting me a worse situation than I started with. These eight cans have a total weight of 320 lbs.
  • To minimize my risks, I’ll take advantage of the fact I can open up a window in my airplane and make sure each Gerry can is tightly sealed. If I could find plastic cans, I would obviously switch to those because I’d estimate that they are less than 3 lbs each and that would save me about 40 lbs in weight but I want to plan for something heavier.
  • Bug Out Bag. I would take my two best BOBs with me. The first is a backpack containing everything I need to survive for 3 days (including food, water – lifesaver bottle, supplies, and even a primitive shelter). I’d also pack my survival duffel bag (including my shotgun and handgun, 2 week food supply, foul weather gear, warm clothes and basic tools) as well as sleeping bag. Remember, that carrying a firearm on a flight line is a crime and use discretion. Combined, these items weight about 75 lbs.
  • Water. I would also take five gallons of water with me (in addition to the water and lifesaver water bottle contained above). Water weights 8.35 lbs per gallon and with the plastic container, I estimate five bottles will be 54 lbs.
  • Briefcase. Inside my briefcase I have my laptop computer and aviation charts. On my laptop computer, I have a folder with .pdf files which include instrument approach charts and emergency preparedness/survival materials. I generously estimate this at 10 lbs.
  • Ham Radio. I have an amateur radio license and have a small kit packed with my Ham Radio and other communications devices. I have the equipment necessary to hook it up to a 12 volt battery as well. This weighs no more than 25 lbs.
  • Generator. I’m sure a lot of you are asking why I plan to take a generator. I have a small 1,000 Watt Honda generator that has served me well for many a football tailgates. I’m not sentimentally attached to it. My reason for taking it is that it comes with a 12V plug adaptor. Since I mentioned that I have accounted in my plans to divert in the event of bad weather, I want to have an auxiliary power source to charge the battery or use it to fire up the engine. The generator (with a full fuel tank), hand fuel pump, and the small tool kit I keep with it have a combined weight of no more than 40 lbs. I also see it having significant barter value. If I make a land stop I can use the generator to help recharge my laptop batteries or power my Ham Radio set.

Total Weight
I estimate my total weight will be just about 950 lbs. I know this is probably slightly above the upper limits of the airplane but I anticipate burning off some fuel during taxi and run-up and am at an airport where I can afford to climb out very slowing. Further, the airport sits in a temperate climate (50-70’s) near a body of water where there is frequently a headwind. I have no major obstacles preventing me from climbing out. If weight is too much (and I’ll probably feel it during my first take off attempt), I can always jettison a fuel can or two but would prefer to have the ability to completely refuel the airplane one.

Other Considerations

Finally, I have a couple cargo nets and tie down kit and will secure everything before departure. Since I’ll be using the front seat, I don’t want cargo to shift and contact the flight controls. I’ve done the math in my head and given how long it takes me, I estimate that within two hours of making the decision, I can leave. I know that two hours may be a long time, but I’d rather spend two hours prepping than be stuck in traffic for two hours and run out of gas or be exposed to a mob.

Weight and Balance / Loading

This is the tricky part because you have to pack things in just right so the weight and balance are within limits. My plan is to remove all of the seats except the pilot’s to give me extra space and weight.

Here is a rough draft of my sample packing list a weight calculations:

Description

Weight (Lbs.)

Item Moment Arm Inches
Balance Moment Inch-Lb.
Cockpit

Pilot

170 37 6290

Generator

45 37 1665

Gas Cans (Six, @ 5 gallons each)

243 37 8991

Bug Out Bags

70 37 2590
Fuel

43 gallons (in aircraft’s integral tanks)

258 47.9 12358.2
Rear Passenger Area

Gas Cans (2 @ 5 gal)

81 73 5913

Water (5 gal @ 8.35 lbs/gal)

45 73 3285

Briefcase

10 73 730

Sleeping Bag

4 73 292
Baggage Compartment

Ham Radio Gear

25 95 2375
PASSENGERS (“PAX”) AND CARGO 951 (Varies) 44489.2

TOTAL A/C WEIGHT (PAX, CARGO, FUEL, & AIRFRAME)

2351    

 

Arm [aka station or centroid]: 46.78149

 

Final Thoughts
As I mentioned before, I can drive to my destination but that may not be the most prudent move. The preceding sketch is the start of a plan.



Economics and Investing:

CMBS Loan Liquidations Hit Record $585M in December. (A hat tip to Flavio for the linkio.)

Jeff P. suggested this Business Insider piece by Michael Snyder: 20 Reasons Why The U.S. Economy Is Dying And Is Simply Not Going To Recover

And from Jeff B., news of further debasement of US coinage: Obama’s Proposed 2011 Budget Allows Coin Composition Changes. Do you have your stash of nickels yet?

Items from The Economatrix:

US Mortgage Sector Braced for End of Fed Help

Initial Jobless Claims Rise Unexpectedly; Stock Futures Down, Dollar Up

Portugal Warned Near Political Crisis Over Debt

EU Meets to Stifle Rising Panic

Next Bailout: Social Security

Derivatives Scam Slides into the Sunshine

Fears of “Lehman Style” Tsunami in Spain and Portugal

Markets In Turmoil as Euro Fears Spiral

Bernanke’s Banksters’ Skimming Operation Exposed

US Companies’ Sales Turnaround May Be Misleading

5,000 Auto Workers to Lose Jobs In California.