SurvivalBlog presents another edition of The Survivalist’s Odds ‘n Sods— a collection of news bits and pieces that are relevant to the modern survivalist and prepper from “HJL”. Debtor’s Prison has effectively made a comeback in the United States.
Closing of Paladin Press
A reminder: Paladin Press is closing its doors at the end of this month, forever. They are now offering a huge 85% discount off retail on all remaining titles. But you must order by noon, Eastern Time, on November 29th.
The Latest: Zimbabwe called ‘at a moment of change’. After last weeks coup, the military has allowed the new president, Emmerson Mnangagwa, to be sworn in. Mnangagwa is Mugabe’s former deputy and has assured the people that they new government will be more open and inclusive. They are simultaneously stating that Mugabe will remain under house arrest for his own safety. The direction of this government still remains to be seen.
The inflation rate in Venezuela has soared to over 4000% as the economy continues it’s death spiral. As the their money is virtually worthless, the government continues their failed economic policies and a huge humanitarian crises is emerging. Food and medicine are in short supply and investors are threatening to seize Venezuela’s only remaining valuable asset – oil. Both the government and the state-run oil company have defaulted on some of their debts and it would appear they are poised to default on more. Currently, Venezuela owes over $141 billion to bondholders, Russia, China, contractors and oil service providers. Thanks to H.L. for the link.
The debtor’s prison system is making a comeback in modern times. Forty-three states, plus the District of Columbia, will suspend your drivers license if you have an unpaid court debt. For many people, a simple traffic fine can result in penalties that add up to an amount that they cannot afford, even if it is only a couple hundred dollars. But once their license is suspended, they person loses the ability to get to work to hold a job and actually pay the fine. Some states say that they give 30 days notice before taking such action, but many people say they never get the notices.
The U.S. government borrowed $30 billion to finance its involvement in WWI. Now, 100 years later, the government still owes that full $30 billion dollars (though not to the original lenders). In the meantime, they have paid over $15 billion dollars in interest. They don’t borrow money like you and me. They borrow and just keep rolling over the principle year after year, making the minimum interest payment to keep it from defaulting. If the loan ever comes due, they simply borrow more money from another load to pay it off. The U.S. is now over $20 trillion dollars in debt and climbing. There is a reckoning coming because they can’t do this forever. Sooner or later, no one will lend them money.
As tensions escalate in the Middle East and Syria continues to crumble in the onslaught of the power plays being waged within it’s borders, one country stands out among all of the others. Israel has conducted more than 200 humanitarian operations with 44 in the last month alone. Despite the history between these two countries, Israel is trying to win the hearts of the affected population by meeting their needs. This article is an interesting read explaining why Israel believes they have a moral obligation to provide such aid to those who have hated them.
Have you ever wondered why our nation, states, communities, and even families are in such sad financial shape? Reader P.S. sent in this article that explains the Diderot Effect. Why do we want things that we do not need? It is a deeply ingrained habit in our psyche, but it can be dealt with if we understand that basic question. As the saying goes: “90% of solving the problem is recognizing that there is a problem there in the first place.”
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Please send your news tips to HJL. (Either via e-mail of via ourContact form.) These are often especially relevant, because they come from folks who watch news that is important to them. Due to their diligence and focus, we benefit from fresh “on target” news. We often “get the scoop” on news that is most likely ignored (or reported late) by mainstream American news outlets. Thanks!