"The wavelike movement affecting the economic system, the recurrence of periods of boom which are followed by periods of depression, is the unavoidable outcome of the attempts, repeated again and again, to lower the gross market rate of interest by means of credit expansion. There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved." – Ludwig von Mises, Human Action, 1949
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Notes from JWR:
This article about my book is causing a bit of a stir: “The Most Dangerous Novel In America”. Dangerous? Obviously, my politics and religious background didn’t match those of the journalist. OBTW, some of the follow-up comments at Michelle Malkin’s Hot Air blog were quite entertaining. I loved the one about casting gold bullets.
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My #1 Son (Jonathan) was quoted briefly in a recent USAToday newspaper article on the growth of mainstream survivalism: Economic survivalists take root. Speaking of #1 Son, the SurvivalRealty spin-off site is growing rapidly, and becoming known as the best place to buy and sell specialized retreat properties. The site now has listings from as far afield as Mexico, Panama, New Zealand and India.
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Congrats to C.E., the high bidder in our most recent SurvivalBlog Benefit Auction. Today we are starting a new auction. It is for a large mixed lot, which includes:
1.) A Three-Color Desert Camo Interceptor OTV (Outer Tactical Vest) size XL only, and a spare Woodland camouflage outer shell, kindly donated by BulletProofME.com. These items have a combined retail value of $960!
2.) A vehicle detection system, which includes: one MURS Alert Probe Sensor (MAPS) with 50 foot probe cable and one MURS Alert Hand Held (M538-HT) transceiver. The MAPS unit’s probe can be covertly installed under the surface of a driveway or road to detect vehicular traffic and a voice alert is sent to the hand held transceiver when a detection occurs. Donated by MURS Radio. Retails for $303
3.) Two cases of Yoder’s Canned Bacon, courtesy of CampingSurvival.com. (12 cans per case.) A $276 retail value.
4.) A NukAlert compact radiation detector donated by at KI4U.com (a $160 retail value).
5.) Three Garden Security Collections, and two Garden Bean Collections, donated by SeedForSecurity.com. With included free shipping to any US postal address, this is a $100+ retail value.
6.) Two America Stone knife sharpeners (with belt pouches), donated by the manufacturer. (A $60 retail value.)
Thus, this auction has a combined value in excess of $1,800. This auction ends on May15th. Please e-mail us your bid. Your bid will be for the entire mixed lot.
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Letter Re: Free GPS Topographical Map Software and Adjuncts
Jim,
Maps are something I have a lot of fun with. I wrote up a blog post on free online mapping centered around topographical maps that if you haven’t already encountered these tools you might find it interesting. In a post at Gear Addicts, I cover how to acquire free topographical maps, as well as using the topo maps in conjuncture with programs like Google Earth, and NASA World Wind. Making a free and in some ways superior replacemnt for expensive software by National Geographic and Garmin. Regards, – Grant
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Economics and Investing:
Laura H. sent this: In uncertain times, all that glisters is a gold standard
Chauncey sent this Five Bailout Absurdities
Items from The Economatrix:
“Green Shoots” a Mirage in Economic Desert
US Taxpayers’ Costs Likely to Rise After AIG-FP Staff Quit
Wall Street Holds its Breath as 1st Quarter Results Come In
GM Told to Prep for “Surgical Bankruptcy”
HSBC Faces Crisis Over US Credit Cards
Consumer Prices Drop Unexpectedly in March
Swiss Bank UBS Cutting 7,500 More Jobs
Singapore Devalues Its Fading Dollar
Obama’s Economic Optimism Falls on Deaf Ears
US to Reveal Results of Stress Tests on 19 Biggest Banks
A Look at How Bank of America is Doing ” …when Wells Fargo announced an early $3 billion profit, the markets went into full rally mode, yet once you dig into the details, you realize that the gain was nothing more than smoke and mirrors. This is like getting excited over Countrywide Financial announcing profits months before the market crashed.” With that said, let’s look at BofA…
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Odds ‘n Sods:
Cheryl sent us two items on the continuing big sales runs on guns, ammunition, reloading components,and magazines: The New US Arms Race: Americans stick to their guns as firearms sales soar and Guns And Ammo Availability Overview. JWR Adds: OBTW, I was pleasantly surprised to see that Mr. Herman included a mention of my novel “Patriots” in his article.
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Reader Rob A. sent some more insanity from Nanny State Britannia: Family of father stabbed to death by three thugs is denied compensation… because he tried to fight back
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“Snow Hater” sent this: Rampaging Buffalo Killed with a .223 Carbine. Snow Hater’s comment: “A St. Joseph, Michigan police officer was able to dispatch a 400 pound buffalo with is AR-15 patrol carbine. It took 12 rounds through the chest and dropped 10 feet from the officer.” JWR’s comment: Awwww! At just 400 pounds, the poor thing was just a little baby calf! If it had been an adult bull, it might have taken several rounds of .308 to do the job.
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Jim’s Quote of the Day:
"He who passively accepts evil is as much involved in it as he who helps to perpetrate it. He who accepts evil without protesting against it is really cooperating with it." – Dr. Martin Luther King, Jr.
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Note from JWR:
This is the last day to bid in the SurvivalBlog Benefit Auction.The high bid is now at $2,510. This auction ends at midnight (eastern time) tonight, April 15th. It is for a large mixed lot, which includes::
1.) A Warrior Aid and Litter Kit, donated by Ready Made Resources. This is an advanced medic kit package that includes a Talon II 90C folding-handle collapsible litter, which normally retails for $560, just by itself. This truly a “full up” tactical trauma kit! This sophisticated medic kit normally retails for $1,500.
2.) A “be ready to barter” box of 26 full-capacity firearms magazines, from my personal collection in JASBORR. This box includes: 4 – Brand new “smoke gray” polymer original Bulgarian 40 rd. AK-47 magazines, 10 – brand new AR-15/M16 USGI black Teflon coated alloy 30 round magazines with stainless steel springs and the latest gray anti-tilt followers, 6 – new condition original USGI M14/M1A 20 round parkerized steel magazines, from CMI (the current military prime contractor) 6 – new condition original Glock Model 20 (10mm) 15 round pistol magazines–the latest production type with “SF” front magazine catch notch . All of these magazines are of recent manufacture (and hence are NOT legal to possess in New York.) These magazines have a combined value of approximately $750, in today’s market. Note: If you live in a state where full capacity magazines are banned, then you must choose to: refrain from bidding, or designate a recipient in an unrestricted state, or re-donate the magazines for a subsequent auction.
3.) A large Bury ‘Em Tube (# 6L, 43″ x 6″ with a 5.1 gallon capacity), donated by Safecastle. (a $199.95 retail value)
4.) A NukAlert compact radiation detector donated by at KI4U.com (a $160 retail value).
5.) An OPTIMUS Terra Cookset for backpacking, tent camping or even WTSHTF, donated by Safecastle. It includes the ultra-compact Crux stove, plus a special small cookset–all very portable and lightweight. (Fuel canister not included.) (a $95 retail value)
6.) A fresh, sealed case of full mil-spec MRE rations with ration heaters, courtesy of CampingSurvival.com. (a $94.95 value)
Thus, this auction has a combined value in excess of $2,800. Again, this auction ends at midnight on April 15th. Please e-mail us your bid. Your bid will be for the entire mixed lot.
Letter Re: The Importance of Spare Parts and Maintenance for Preparedness
James Wesley:
One subject that I think is under rated in preparedness discussions is spare parts. We all are focused on our armaments and basic survival materials to the detriment of being able to continue to use our tools and equipment when they inevitably break. Even in the best-case scenario of a sever depression spare parts will be often unavailable through normal channels. A good example of this is to be found in cars. When I was young in the ‘50s and early ‘60s there was an abundance of cars made in the late ‘20s and ‘30s in remarkably good shape that were shoved into barns because of breakdowns, often minor, for which parts were not available during the depression. These cars were hauled out by enterprising young men returning from WWII and Korea and turned into hot rods or just driven into the ground when parts again became available in the ‘50s. As our economic system becomes ever more complex and specialized, and as that built in disaster of “just in time” production and distribution is used more and more, the inevitability of interruptions in materials and basic goods becomes even more probable. Having spent a lifetime living on farms, and particularly here in the western Upper Peninsula (“U.P.“) of Michigan where the nearest farm supply stores are down in Wisconsin a day’s drive away, I have developed an acute appreciation of the necessity of having a good inventory of parts on hand. So combine a disruption in supply with a remote refuge location and the problem could become insurmountable and be very inconvenient if not life threatening. So think in terms of two different plans: parts and maintenance.
Spare Parts
In the parts department do you have spare wicks and globes for your oil lamps? And lots and lots of mantles for gas lights which I do not recommend for the reason that they are so fragile that bugs break them. Do you have extra leathers for your water pumps? And handles for your axes, splitting mauls, hammers and saws? These have a way of getting broke when used with regularity; particularly when you are tired or exhausted which we will be if we are in this situation. I heat with wood and do not own a wood splitter. I do it by hand and have never broken a maul handle except at the end of the day when I am tired and miss the block of wood with the head and hit it with the handle. So count on breaking things when you are tired or in a hurry. Do you have extra chains for your chain saw and blades for your bow saw. A good bow saw [or bucksaw] is definitely a tool to have if gasoline is scarce or unavailable, or if you want to cut wood without attracting attention. And do you have the files and sharpening stones to keep them sharp by hand and the teeth properly set? You might also want to practice these skills because they are skills. And boot laces, gloves, wool socks and other warm and durable clothing that you do not often use and replace but that will become something that you will use every day under adverse conditions. Anyway you get the point. Stock up on daily used items. For instance, last week the local hardware store had leather palmed work gloves on sale at two pairs for a buck so I bought 50 pairs. I’ll use them eventually even if nothing goes wrong, and if it does I’m covered and I’ll have some great bartering material. Buy what you know you will need and may be able to trade to those less provident.
Maintenance|
Maintenance is always a neglected area of planning. Most people are poor at maintenance as a matter of course and some cannot even seem to consider it. Look at your home, equipment and tools and determine what you need to do to keep it working, particularly under adverse conditions. Do you have the tools, manuals and knowledge to fix things. Is your shop supplied with lubricants and grease to keep the place running. My granddad liked to say “grease and oil are cheap and parts and labor are expensive”, During the 1980s I was a Trustee for the United States Bankruptcy Court and I handled most of the farm cases here in the U.P. because I knew the business and could milk cows. One of the things that struck me most was the almost universal lack of grease guns on these bankrupt farms. It changed my feelings about my fellow farmers plight to a great degree in many cases. A lack of daily maintenance is a precondition to disaster. I own a lot of old equipment that gets used hard, but it is well maintained and seldom breaks down because of grease, oil and general maintenance. And maintenance of the area around you is also important. Recently a most excellent article was posted in SurvivalBlog dealing with keeping the place neat and clean. It is well worth re-reading and considering. A neat environment helps keep you safe from injury and has an important psychological component. Which leads to another point about neatness. Keep your stored goods organized so you can find them. Plastic bins and totes with labels make things easy to find and protects them from vermin, dirt and corrosion and makes taking inventory a snap.
So get the spare parts you will need, and some to trade, and get them organized. And maintain your home, tools, equipment, mind, body, marriage and family and we will get through this time to come. And if we are wrong about the future we will still be the better for it. – Ken S.
Letter Re: Recommendation for Kinder Goats
Hi
First, I just wanted to say I loved “Patriots” and have given it away to many of my friends and adult children.
Concerning “Livestock for Survival, by Bobbi A.” Most people are not aware of a small meat/dairy goat called the Kinder [, spoken “Kin-dur”.] It was developed over 30 years ago and has gained great success in competing against it’s larger cousins. This little goat will produce a gallon of milk a day, is much more feed efficient than other breeds, is small so easy to handle (especially the bucks) and is stocky so makes for better meat than the other dairy breeds. Another advantage over other breeds is that the Kinder will breed all year long so you can rotate your milking does and always have plenty of milk. The milk is also higher in protein and butterfat so better for making cheese. This little goat was developed for the small farmstead. The primary lady behind this breed is a long time prepper and has always believed the Kinder will get the job done when other goats fail. For further information, see KinderGoat.com or contact Pat Showalter, primary founder and president of the Kinder Goat Breeder’s Association at kinderzed@aol.com. And thanks for all you do. – Jan H.
Economics and Investing:
Reader HPD: suggested this piece by Mish Shedlock: Nationwide Tax Revolt is Coming
Dave (at Captain Dave’s) mentioned an interesting article on Why our current credit crisis mirrors Weimar, over at the Seeking Alpha site.
G.G. sent us this: Bernanke sees signs of economic stability “I can assure you that monetary policy-makers are fully committed to acting as needed to withdraw on a timely basis the extraordinary support now being provided to the economy, and we are confidence in our ability to do so,” Bernanke said in remarks prepared for delivery at Morehouse College in Atlanta.” G.G.’s comment: “Of course, remember this is also the guy who said that the $700 billion bailout in September, 2008 was all that was going to be needed to stabilize everything. How well did that work out?” JWR’s comment: Once mass inflation begins, it will become self-perpetuating. Bernanke is delusional if he thinks that he can stop it quickly. The expectation of continuing inflation can be a very powerful force in the marketplace.
Items from The Economatrix:
AIG in Spotlight Over Derivatives “The unit that all but destroyed AIG has failed to sign up for the overhaul of the global derivatives market.”
Obama Tempers Optimism with Reality on Economy
Surge in Delinquent Taxpayers
Martin Weiss: Major Announcement [JWR Adds: I recommend Marty’s book: The Ultimate Depression Survival Guide ]
Oil Drops Below $50 as Forecast Cut
Credit Suisse to Close US Customers Accounts
Celente Calls for “Revolution” as the Only Solution
Moody’s Downgrades the Entire Country “Every municipal debt issuer is now suspect and shaky.”
Wall Street Stars Beginning to Scatter
Older Borrowers, Out in the Cold
Super Hyperinflation Coming Soon
San Diego Tea Party Monitored by Government
Odds ‘n Sods:
Jasper sent this from the Sydney Morning Herald: Warning that Pakistan is in danger of collapse within months. The prospect of a country armed with nuclear bombs falling to Islamic extremists is troubling, to say the least!
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Cheryl flagged this: Why You Should Carry a Gun
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HPD sent and item from the Bangor [Maine] Daily News: Woodworker crafts furniture to die for. HPD’s comment: “Do-it-yourself funerals at home will be a necessity in a TEOTWAWKI situation.”
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Texas Governor Perry Backs Resolution Affirming Texas’ Sovereignty Under 10th Amendment. (A tip of the ten-gallon cowboy hat to Larry B. for the link.) In other state sovereignty news, Montana’s HB 246 (the “made in Montana” exemption gun law, a.k.a. the “Montana Firearms Freedom Act”) passed by the Montana House and Senate–now before the Governor for signature. And yet another sovereignty bill passed in Idaho and is awaiting that state’s Governor. (Thanks to Larry W. up in Montana for the link.)
Jim’s Quote of the Day:
"What at first was plunder assumed the softer name of revenue." – Thomas Paine
Note from JWR:
Just one day left to bid! The high bid in the SurvivalBlog Benefit Auction is now at 1,860. This auction ends on April 15th. It is for a large mixed lot, which includes::
1.) A Warrior Aid and Litter Kit, donated by Ready Made Resources. This is an advanced medic kit package that includes a Talon II 90C folding handle collapsible litter, which normally retails for $560, just by itself. This truly a “full up” tactical trauma kit! This sophisticated medic kit normally retails for $1,500.
2.) A “be ready to barter” box of 26 full-capacity firearms magazines, from my personal collection in JASBORR. This box includes: 4 – Brand new “smoke gray” polymer original Bulgarian 40 rd. AK-47 magazines, 10 – brand new AR-15/M16 USGI black Teflon coated alloy 30 round magazines with stainless steel springs and the latest gray anti-tilt followers, 6 – new condition original USGI M14/M1A 20 round parkerized steel magazines, from CMI (the current military prime contractor) 6 – new condition original Glock Model 20 (10mm) 15 round pistol magazines–the latest production type with “SF” front magazine catch notch . All of these magazines are of recent manufacture (and hence are NOT legal to possess in New York.) These magazines have a combined value of approximately $750, in today’s market. Note: If you live in a state where full capacity magazines are banned, then you must choose to: refrain from bidding, or designate a recipient in an unrestricted state, or re-donate the magazines for a subsequent auction.
3.) A large Bury ‘Em Tube (# 6L, 43″ x 6″ with a 5.1 gallon capacity), donated by Safecastle. (a $199.95 retail value)
4.) A NukAlert compact radiation detector donated by at KI4U.com (a $160 retail value).
5.) An OPTIMUS Terra Cookset for backpacking, tent camping or even WTSHTF, donated by Safecastle. It includes the ultra-compact Crux stove, plus a special small cookset–all very portable and lightweight. (Fuel canister not included.) (a $95 retail value)
6.) A fresh, sealed case of full mil-spec MRE rations with ration heaters, courtesy of CampingSurvival.com. (a $94.95 value)
Thus, this auction has a combined value in excess of $2,800. This auction ends on April 15th. Please e-mail us your bid. Your bid will be for the entire mixed lot.
From The Werewolf: New Flex Fuel Ethanol Motorcycle Now Available in Brazil
Jim,
I´m very proud of the new Honda´s motorcycle in the Brazilian market:he first full “flex fuel” bike in the world! You can use gas and alcohol, in almost any ratio. (Well, on cold days, you´ll need 20% gasoline minimum to start the engine…). It´s the ultimate survival bike! I know you don´t read Portuguese, but here is the link. And here is an article about it in English: Honda CG150 TITAN MIX: world’s first flex-fuel motorcycle.
Best Regards, – The Werewolf in Brazil
Letter Re: Offshore G.O.O.D.–Do You Have Your Papers?
We all know that many Jews saw the handwriting on the wall in a pre-WWII Germany, but failed to leave, or could they not leave? There was obviously a window of opportunity for most to leave but why did so many miss it? Some were not wealthy, but were able to escape. Some had the money, so why could they not leave? If one only has a few moments in which to leave a foreign country, is the house in order? My sister dwelled on this problem and then looked at her own family. She was the only one with a passport. Consider:
- How many families in Jewish families in Germany had passports or visas?
- How many parents had passports, but not for their [late teenage] children?
- How many had no passports?
- How many had the currency of the country they wished to flee to?
- How many had sufficient sums of the foreign currency?
- How long does it take to get a passport in your country?
- How long does it take to get a visa to the place to where you wish to flee?
After asking these questions, another reason why many Jews did not leave WWII Germany becomes obvious: they could not leave! Not enough paperwork, or no paperwork.
King Solomon said “there is nothing new under the sun”, so what was done in Germany has been done in other countries to keep a population “in” before that same government would eliminate it. The pattern and signs should be the same.
In most large countries like the U.S., folks have a place to go where the government may not be able to reach, but in smaller countries this may not be the case. In summary, it might be a good idea for every family member to have a passport. (At least for those live in an area where the government can reach it’s tentacles to every corner of the country, like in WWII Germany). Even Joseph had to flee with his wife and son to get away from King Herod! Furthermore, in the US, what if you wanted to flee to Canada? Or in Canada, what if you wanted to flee to the U.S.?
Lastly, consider that some countries will not allow entry without certain vaccinations. So if a family is to have a plan B or plan C bug out emigration plan, then that plan needs to include the vaccination requirements for that country. – Rick B.