Friday, March 27, 2009

Not Learning From History

People never learn.


Back in the spring of 1998, when Boris Yeltsin was still at Russia's helm, I led a group of global investors to Moscow to find out firsthand where the Russian economy was headed. My long career with the International Monetary Fund and on Wall Street had taken me to "emerging markets" throughout Asia, Eastern Europe and Latin America, and I thought I'd seen it all. Yet I still recall the shock I felt at a meeting in Russia's dingy Ministry of Finance, where I finally realized how a handful of young oligarchs were bringing Russia's economy to ruin in the pursuit of their own selfish interests, despite the supposed brilliance of Anatoly Chubais, Russia's economic czar at the time.

At the time, I could not imagine that anything remotely similar could happen in the United States. Indeed, I shared the American conceit that most emerging-market nations had poorly developed institutions and would do well to emulate Washington and Wall Street. These days, though, I'm hardly so confident. Many economists and analysts are worrying that the United States might go the way of Japan, which suffered a "lost decade" after its own real estate market fell apart in the early 1990s. But I'm more concerned that the United States is coming to resemble Argentina, Russia and other so-called emerging markets, both in what led us to the crisis, and in how we're trying to fix it.

Over the past year, I've been getting Russia flashbacks as I witness the AIG debacle as well as the collapse of Bear Sterns and a host of other financial institutions. Much like the oligarchs did in Russia, a small group of traders and executives at onetime venerable institutions have brought the U.S. and global financial systems to their knees with their reckless risk-taking -- with other people's money -- for their personal gain. 

Go read the whole damn thing.

Why Socialism Does Not Work

Received via email.  Yes, I'm sure it's apocryphal.  Yet it accurately describes real human behavior.

An economics professor at Texas Tech said he had never failed a single student, but had once failed an entire class.

The class (students) insisted that socialism worked since no one would be poor and no one would be rich, a great equalizer. The professor then said, "OK, we will have an experiment in this class on socialism."

"All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A."

After the first test the grades were averaged and everyone got a B. The students who had studied hard were upset while the students who had studied very little were happy.

But, as the second test rolled around, the students who had studied littlestudied even less and the ones who had studied hard decided that since they couldn't make an A, they also studied less. The second Test average was a D.

No one was happy. When the 3rd test rolled around the average grade was an F.

The scores never increased as bickering, blame, name calling, all resulted in hard feelings and no one would study for anyone else.

To their great surprise all failed. The professor told them that socialism would ultimately fail because the harder people try to succeed the greater their reward (capitalism) but when a government takes all the reward away (socialism)  no one will try or succeed.

....Ok that's enough, stop thinking again...

Its very clear that Socialism is designed to remove the remaining value of property from a country and its citizens. And put a burden on all of its citizens to do with less .  And give it to the poor for their votes.  By force.  When the value is gone and and the burden is still required. The people won't cooperate. The US government won't stop spending money it doesnt have.  Like France. Then totalitarianism is required. To maintain tax revenue.  And it will be implemented.  Once that happens all the Socialist instigators like College professors who realize the errors of their ways. Will be arrested and killed. because they know too much.

Anyone who states Socialism helps those who cant help themselves is full of it.  It helps those who dont want to help themselves.

Or as Margaret Thatcher once observed:

The problem with socialism is that you eventually run out of other people's money.

Obamanomics

Found this one at CNN.com, of all places:

SAN DIEGO, California (CNN) -- Welcome to March Madness on the Potomac.

Many Americans are so emotionally invested in the Obama presidency that they consider it too historic to fail.

They won't tolerate any criticism of the president or his administration, finding it easier to simply attack critics. And whatever goes wrong that they can't defend or deflect, they just blame on George W. Bush.

But to many of the rest of us, it's clear that President Obama is flunking economics. He is trying to do too much at once, and so he is not doing any of it well. He vows to cut the federal deficit while proposing an avalanche of new spending that will -- says the Congressional Budget Office -- increase it by as much as $9.3 trillion over the next decade.

Full story.  Meanwhile, Karl Rove (I know) penned this piece at the Wall Street Journal:

... it doesn't seem like a time of new politics and new concerns. Many Americans are anxious -- and in some cases angry -- about a set of old issues: deficits, taxes and the national debt. Mr. Obama's radical budget, his administration's slapdash operating manner, and events such as the AIG bonuses have revived animosity over government's size and cost.

In response, tea parties are sprouting up, and opposition is growing to more bailouts, more spending, higher taxes and larger deficits, even among Congressional Democrats.

...

The dynamic he has set in motion could spur the emergence of strong competitors to Mr. Obama in 2012 who take a strong, principled stand against record-setting deficits, debt and taxes. It may also strengthen Republican chances in next year's midterm elections.

Full story.  I just wish that there was a better chance that if the GOP gains control over Congress, they won't spend like drunken sailors, the way they did until the 2006 elections.

Many people from across the political spectrum are getting righteously pissed off.  Obama is not helping his cause by continuing to campaign, rather than govern.  (Note, I do not want Obama's agenda getting passed.  If he succeeds in doing so it'll be the end of the US as we've known it.)

Gettin Edumacated

Last week I got in a couple of DVDs which no educational library for small children should be without:


Seriously, Schoolhouse Rock is for my daughters.  But if you were a kid in the US during the late 1960s through the early 80s, you probably know almost all of the SR cartoons.  This set has all 46 original shorts along with one made several years later to cover the Electoral College.  So far, we've watched ten of them and the girls are enjoying the videos.

And of course The Young Ones set is for me, not the girls.  My brother and I were big fans of the show when it aired on MTV back in the 1980s.  To this day if someone mentions having a movie of something, we'll look at each other and say, "Oh, we have a video?"  So far I've viewed Interesting and Boring.  The video quality looks good but I wish they would've cleaned up the audio a little more.  Still, if you're an old fan it's worth getting the set. 

Monday, March 23, 2009

Now Obama Has Managed to Piss Off Even FRANCE

Oh, fergawdsakes.

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Obama recently sent a letter to Jacques  Chirac of France, expressing how he's looking forward to working with him.  Only problem?  Chirac is the former president of France.  Nicholas Sarkozy has been President of France since May 2007.


Link.

Train Wreck

Sunday, March 22, 2009

Trip to Dixon's

Today I took my accumulated spare change up to the bank and got back about a hundred bucks worth of "free" money, then headed up to Dixon's Muzzleloading Shop in Kempton, PA and bought a few things.

I've been in need of a possibles bag to go with my longrifle (pictures).  He had several nice ones in stock and I wound up buying a Leatherman Scout Bag.  I also got a Leatherman Universal Rifle Sling, which fits my rifle nicely.  The bag strap and the sling are made from a cotton/jute blend.  Both items are well made.  To preserve the leather parts and make them more water resistant, I rubbed Sno-Seal into them after I got home.

In the past I've used .490" patched round balls in my .50 caliber rifle.  These are accurate but after a couple shots, hard to load.  I noticed that Dixon's had a few boxes of Hornady .480" balls, so I grabbed one.  I'm hoping that accuracy will be acceptable out to 100 yards, while being easier to load into a fouled bore.

Finally, I also picked up a pound of FFg Goex black powder.  It's up to $20 per pound so I winced a bit when Greg Dixon told me the price.  I load from 70 to 80 grains of powder per shot, so that gives me 86 to 100 shots per pound (7,000 grains per pound).

On a side note, if you've been paying attention to the news since the election in November, you're aware of the surge in gun sales, along with the resulting shortages.  The gun shortages were not in evidence at Dixon's, which specializes in black powder and antique guns.  While there were plenty of guns in stock I did notice that his selection of reloading components was a bit sparse, though he actually had some primers behind the counter.

In Response to Talks of Pay Caps

Over at Ry's Blog, a copy of a post by a hedge fund manager ("Austrian") on Arfcom:


I currently manage a medium sized hedge fund (long/short equity).
The current populist uproar is absolute insanity. I don’t know how else to say it. You are never going to legislate away greed. Period. It is part of the human psyche. That’s all there is to it. You can either fight it, or use it. Incentives work. This is why.

Let’s step back a minute and think about why and how this happened:

Read the whole thing.

Make no mistake, if the current mania for capping the executive pay becomes law, the US is going to see a brain drain the likes of which we have never seen.  It will doom us to becoming a socialist hell hole for generations.

Thursday, March 19, 2009

Geithner Pushed for Bonus Guarantees

Via Karl Denninger's Market Ticker:


Treasury Secretary Timothy Geithner said Thursday that he takes responsibility for knowing the stimulus legislation had a loophole that would allow bailed-out insurance giant American International Group to keep its bonuses.

In an interview with CNN's Ali Velshi, Geithner said the Treasury Department did talk to Sen. Chris Dodd about a clause he put forth that would have strictly limited executive bonuses.

So Dodd was telling the truth - he was pressured by Treasury, and apparently, Geithner didn't bother to tell his boss (the President, of course) about it up front.

One of the primary reasons we have bailout mania is because of the incestuous relationships between Congress, the executive branch, and big business.  The purported outrage that we've heard from Washington this week is complete and utter bullshit, amounting to the protestations of a child caught with his hand in the cookie jar.  Besides, what's a piddling $160M in bonuses compared with over a trillion dollars that Congress has voted in the past month or so to spend?  Can you say "misdirection?"

Not one of these parasites cares one whit for the impact of this mess upon the American people, except as it impacts their own ability to remain in power.  Unfortunately, when busted, they resort to populist rabble rousing as we've seen over the past few days.

Meanwhile, the Fed just voted to monetize national debt by purchasing additional long term treasury securities, which brings this year's total to about $1.25 trillion.  Washington appears to have adopted Mugabian economics.  We've seen how well that works.

Wednesday, March 18, 2009

Example of Antigun Hype

This picture is a good example of the antigun hype that the Obama administration and its toadies in the media have been spewing, e.g., that Mexican drug cartels are being armed with weapons purchased in the US and smuggled south of the border (click the thumbnail for full asized pic).

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How can I tell that this is propaganda?  A few reasons:

  1. The round topped cylinders in the front of the picture are 40mm grenades as used in the M-79 and M-203 grenade launchers.  You cannot go into a gun shop or go to a gun show and just pick these up.  They are regulated as "Destructive Devices" by the National Firearms Act of 1934.  Acquiring either a launcher or a single grenade requires you to fill out an application with the BATFE, pass a background check, and pay a $200 transfer tax on each item, over and above the purchase price.
  2. The cylinders in the left background are either smoke, tear gas, or white phosphorous grenages.  Smokes are legal to buy without any paperwork, I'm not sure about the tear gas or WP grenades, though they may be similarly unregulated on a Federal level.  Either way, it's not like they're bombs.
  3. Finally, the real telling piece, is the group of the circular objects with a little cylinder sticking out of the top, most numerous in the picture.  What are these dastardly devices of mass destruction?  Why, they are Combloc-surplus OIL BOTTLES.  I have several which I acquired along with AK or Mosin-Nagant rifles.
Of course, to the unfamiliar, those deadly oil bottles look like grenades.  Politicians and liberal antigun media types practicing dissimulation?  Naaaahhhh.

Edit 3/21/09: Well, this post seems to have drawn some interest from a couple of other blogs.  Welcome!  Please look around.

AIG Bonuses Specifically Protected by the Stimulus Package

None other than Senator Chris Dodd inserted language into the Stimulus Bill to protect the bonuses due AIG executives.  For Congress and the White House to make a stink about them now, after legislatively protecting them, is pure hypocrasy.

The mendacity emanating from Washington is deafening.

Update to The Missing Sync

When I got my Verizon Blackberry 8330 back in October, I first tried to use the free Pocketmac software from RIM to accomplish syncing it with my MacBook Pro.  That worked a couple of times then blew up, taking my calendar and address book with it. (Luckily, I had backups.)  Shortly thereafter, I bought The Missing Sync for Blackberry from Mark/Space and it's worked OK for the most part.

Yesterday I tried to sync and there apparently was a corrupted record in iCal and on the Blackberry, which kept causing the process to hang.  Eventually, I downloaded the Blackberry Desktop Manager software for Windows on my Dell PC at work and used it to clear out the calendar on the Blackberry.  (The Missing Sync cannot do this, which is a PITA.)  I also made the mistake of clearing my work calendar which syncs to Entourage, which wiped out my work calendar.  After an OH SHIT moment, I was able to restore my calendar entries by going through my Entourage folders and reaccepting meeting invites and manually readding some events.  Not ideal but I'd been lax in backing up my Entourage identity, something I subsequently fixed.

Anyway, last night I went to Mark/Space's website and noticed that they had a free upgrade from v1 to v2 for folks who bought TMS between 11/1/08 and 2/9/09 available.  I installed it this morning and was able to sync pretty smoothly.  One nice feature that v2 added was syncronization via Bluetooth.  Previously, it was USB-only.

What I'd really like to see would be for Apple to add Blackberry support directly to iSync, which is part of OS X and which some apps, including TMS, rely upon.  I was able to use iSync to maintain the contacts on my Motorola RAZR V3m and it worked pretty well.

DLA Brass Destruction Policy Reversed!

Sebastian has the scoop.

Tuesday, March 17, 2009

Happy Birthday Vanguard 1

On this day 51 years ago, Vanguard 1 was launched.  It is still in orbit, making it the oldest man-made object in space.

How cool is that?

Obama Himself Supports Making Wounded Vets Pay For Their Care

I knew he was a classless, arrogant, Marxist, but this?  The mind boggles.

"It became apparent during our discussion today that the President intends to move forward with this unreasonable plan," said Commander David K. Rehbein of The American Legion. "He says he is looking to generate $540-million by this method, but refused to hear arguments about the moral and government-avowed obligations that would be compromised by it."

 The good thing about this is that whatever support Obama has within the military is going to evaporate.

Monday, March 16, 2009

Update to The Shooters' Bar

This afternoon I updated The Shooter's Bar to add Keith Grube of PA, and updated Warren Redlich's (NY) listing.

DLA No Longer Selling Once Fired Brass as Surplus

You may have read about the email recently sent out to purchasers of once fired military brass indicating that the supply is about to be shut off.  This is going to exacerbate our current ammunition shortage.  I sent the following email to my Congresscritter.  Please feel free to copy and send it as your own.


I am writing to ask for your help in overturning a recent, extremely wasteful policy change by the Defense Logistics Agency ("DLA"), which now requires all once-fired brass cartridge cases to be destroyed (AKA "demilled") before being sold to taxpayers as surplus.

Military surplus brass cases have for decades been purchased by US taxpayers and reloaded to make usable ammunition for sport shooters, hunters, and law enforcement agencies.  Currently, there is a shortage of ammunition in the US civilian marketplace and this action will exacerbate that.

Just as bad, this is costing the Department of Defense serious money.  The DLA can sell once fired brass for about $2.00 per pound.  On the other hand, demilled brass is only worth about 35 CENTS per pound.  So not only does the DLA have to expend resources to demill the brass, the demilled brass sells for well under one fourth the price it would otherwise get.  This makes no financial sense in a time when the US government is incurring an unprecedented deficit.

To reiterate, the DOD has been selling surplus brass on the US civilian marketplace for DECADES.  One has to wonder if this is a back door attempt at gun control by the Obama administration, one which it can effect without getting the cooperation of the legislature or the courts.

Please work with the DLA to reverse this policy.

S&W Model 1905, 4th Change

Over at The Arms Room, Tam posted a S&W Model 1905, 4th Change as her Sunday Smith.  It's a beautiful example of a pre-War S&W wheelgun.  S&W made its most significant change to the design shortly after WWII, with the introduction of the short action.

Later, when S&W started assigning model numbers to their guns, the M1905 became the Model 10 (before the model numbers were formally assigned, the M1905 was simply known as the Military & Police. M1905 is a modern collector's designation AFAIK.)

Anyway, I own a variant of the M1905, 4th Change.  I picked it up the day before my 30th birthday when a local FFL had several guns in from a recently deceased collector.  Several were tempting but I could only afford one, this M1905, 4th Change with target sights:


S&W M1905 4th Change


Unlike modern adjustable rear sights, this one has no clicks.  The front sight is a McGivern bead, which makes it more visible in low light.  Going by the factory original grips which lack the S&W medallions, this is one of a couple thousand made during the mid-1920s.

Friday, March 13, 2009

Gun Springs

I've mentioned in past posts both here and on my Survival & Emergency Preparedness Blog that having spare parts for your go-to guns is important, especially if you have only a few.  Among the spares you should have are springs.

Semiautos have a few springs that can wear out if you shoot the gun much.  E.g., hammer or striker spring, ejector spring, extractor spring, recoil spring, and magazine springs.  Springs aren't expensive, don't take up much space, and don't have an expiration date.  So, it's prudent to keep some on hand.

This morning I took my own advice to heart and ordered some spare springs for my M-1 Carbines from Wolff Gunsprings.  Specifically, I ordered one kit which includes all replacement springs for an M-1, except a mag spring, plus a pack of two recoil springs.  The spring kit will go into storage while the two extra recoil springs will be installed in my 1943 Rock Ola and my 1944 Underwood.  I haven't replaced the recoil springs in either rifle and nobody knows how many rounds each Carbine has shot.  It's a cheap form of preventive maintenance.

Beyond the Pale

I've known from the outset that Obama is an America-hating leftist.  But this goes beyond what I'd thought him capable of:

WASHINGTON (CNN) -- Veterans Affairs Secretary Eric Shinseki confirmed Tuesday that the Obama administration is considering a controversial plan to make veterans pay for treatment of service-related injuries with private insurance.

What. The. Fuck.

A true patriot, no matter what his political stripes, would have shot this down immediately.   But according the VA Secy., it's still under consideration.

Another possibility exists: It's a flag thrown out to gauge public reaction to the lunacy coming from the Whitehouse.  Throw enough outlandish ideas out and then the real agenda, which isn't quite so bad, looks more acceptable in comparison.

Either way, it's despicable.

Obama Official On Leave After FBI Raids His Old Office

More Hope! and Change! from the Obama administration:


WASHINGTON (AP) -- An aide to President Barack Obama is on leave from his White House job after the FBI raided his old District of Columbia government office Thursday, arresting a city employee and a technology consultant on corruption charges, a White House official said.

The charges were lodged against the two men at a federal court hearing as the FBI finished searching the city's technology office, which was led until recently by Obama's new computer chief, Vivek Kundra.

Full story.

Meanwhile, I found a new picture of the Obama administration:

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Thursday, March 12, 2009

Some Common Sense From Across the Pond

From the Telegraph:


The deranged shooting dead of 10 people in Alabama, followed closely by a further 16 murders in Germany, will almost certainly be seized upon by gun control campaigners in the United States to further their agenda. In this they will find a willing ally in Barack Obama who, despite his weasel words after the Supreme Court outlawed the handgun ban in Washington DC (which he previously supported), has a record as a board member, for eight years, of the Joyce Foundation, which funds gun control groups, and as a long-time supporter of anti-firearms legislation.

While cool logic suggests that a gun is only as good or bad as the character and purpose of its owner, the anti-firearms fanatics opportunistically seize upon public revulsion after serious gun crimes to press for blanket bans, without pausing to consider that, if a victim has his skull crushed with a golf club, we do not call for the outlawing of golf.

Any American citizens who are tempted to go down the road of prohibition might be advised to consider the experience of Britain. Our handgun ban in 1997 was enacted with a fervency that went beyond rationality....

The success of this politically correct initiative can easily be measured. In 1997, the year of the ban, there were 2,636 handgun offences; in 2007 there were 4,175. In England and Wales there are now 28 firearms offences committed every day. Gun crime is now one of the most formidable challenges to law and order.

Gun control results in unilateral victim disarmament, not crime control.

Wednesday, March 11, 2009

Obama Folly Coming Home to Roost

Over at American Thinker:

It's only been 7 weeks since the man whose resume fits nicely on the back of a postage stamp became the most powerful human being in the universe.  As Presidents go, Barack Obama has proven at least one thing true:  change is like the flip of a coin.  Change can bring the best of times; change can bring the worst of times.  And anyone over the age of twelve ought to have known that.  Instead, 52% of the American electorate has run around like a bunch of howling ninnies for the past year chanting like a horde of Jim Jones' followers, who can't get enough of the poison kool-aid.


So much for progressive enlightenment.

Link.

Tuesday, March 10, 2009

The Idiot's Guide to Destroying the Economy

In 12 easy steps:

Think destroying the mighty economy of the United States is too big a job for you? Relax. Anyone can do it. A friend sent me a handy-dandy no-fuss 12-step program for wreaking financial havoc among even the world’s most advanced economies. I adapt it below for your edification. Your congressmen probably already have a copy. The White House certainly does.

Link.

The Banking Crash Explained

I wish I could take credit for this, but I received it in an email.  It's too good to keep to myself.

Heidi is the proprietor of a bar in Berlin . In order to increase sales, she decides to allow her loyal customers - most of whom are unemployed alcoholics - to drink now but pay later. She keeps track of the drinks consumed on a ledger (thereby granting the customers loans).

Word gets around and as a result increasing numbers of customers flood into Heidi's bar.

Taking advantage of her customers' freedom from immediate payment constraints, Heidi increases her prices for wine and beer, the most-consumed beverages. Her sales volume increases massively.

A young and dynamic customer service consultant at the local bank recognizes these customer debts as valuable future assets and increases Heidi's borrowing limit.

He sees no reason for undue concern since he has the debts of the alcoholics as collateral.

At the bank's corporate headquarters, expert bankers transform these customer assets into DRINKBONDS, ALKBONDS and PUKEBONDS. These securities are then traded on markets worldwide. No one really understands what these abbreviations mean and how the securities are guaranteed. Nevertheless, as their prices continuously climb, the securities become top-selling items.

One day, although the prices are still climbing, a risk manager (subsequently of course fired due his negativity) of the bank decides that slowly the time has come to demand payment of the debts incurred by the drinkers at Heidi's bar.

However they cannot pay back the debts.

Heidi cannot fulfill her loan obligations and claims bankruptcy.

DRINKBOND and ALKBOND drop in price by 95 %. PUKEBOND performs better, stabilizing in price after dropping by 80 %.

The suppliers of Heidi's bar, having granted her generous payment due dates and having invested in the securities are faced with a new situation. Her wine supplier claims bankruptcy, her beer supplier is taken over by a competitor.

The bank is saved by the Government following dramatic round-the-clock consultations by leaders from the governing political parties.

The funds required for this purpose are obtained by a tax levied on the non-drinkers.

Finally an explanation I understand.

Sunday, March 08, 2009

Day at the Range

Today did not start out well.  As a matter of fact, I had what I call a "Four Advil Morning," due to pain and stiffness in my back.  About an hour after taking 800mg of Ibuprofen I was able to walk without wincing and I was reasonably limber, so I packed up a couple guns and headed down to the range.

I brought with me today my S&W Model 18 .22 Combat Masterpiece and my Savage Mark IIGL bolt action, also in .22 LR.  Unfortunately, the pistol range was packed so all I got to shoot was the Savage.

My normal choices in .22 LR ammo are CCI Subsonic Hollowpoints or Mini Mags.  However, they are relatively expensive, and I wanted to see if the Savage will shoot cheaper bulk pack ammo well.  I had in my stash one brick each of Remington Golden Bullets and Federal Champions.  Both are high speed hollow points, though the Federals are more of a "dimple point."

One thing to note is that when switching from one kind of ammo to another in a .22, frequently you'll probably have to put at least 10 rounds through the gun before its point of impact settles down with the new load.  The Savage had been zeroed with CCI Subsonic HPs the last time I shot it.  It'll put five shots under a nickel with that load at 50 yards.

I tried the Remingtons first.  Once the gun settled in with the new layer of bore fouling, it grouped into 1.5" to 2" at 50 yards, about an inch low.  After about 20 or 30 of the Remingtons, I switched to the Federals.  POI was about the same but I noticed that due to the slightly pointer bullet shape, they fed more smoothly.  Again, groups hovered around 1.5" at 50 yards.

I was not suprised to see the bulk ammo shoot much larger groups than the CCI Subsonics.  CCI rimfire ammo is among the best sold for hunting use, when it comes to accuracy, consistency, and reliability.  In contrast, the Remington and Federal ammo I was shooting today is mostly intended for plinking.

One thing that I suspect contributes to the bulk ammos' lackluster accuracy is that it's very dirty burning.  At one point I pulled the bolt from the rifle and looked through the bore.  I found it lined with a considerable amount of unburnt powder.  In contrast, the CCI ammo I normally shoot burns much more cleanly.

That said, the Remingtons and Federal would do OK in the Savage for small game or varmints out to about 50 yards.  I have a couple of other rifles to test them in -- a Winchester 9422 XTR Classic and a Ruger 10/22.  Additionally, I have the S&W Model 18 and an old model Ruger Single Six in which I want to try them.  If the other guns shoot reasonably well with the bulk ammo I'll pick up a few more bricks.

I'll also note that in comparison with some Winchester XPert .22s which I bought at WalMart about five or six years ago, the Remginton and Federal stuff was practically match grade.  The XPert .22 was absolutely the worst rimfire ammo I've used for accuracy and reliability.  I'd expect it to come out of some Third World hole, not an American factory.

One thing I was not pleased with was functioning in the Savage.  I had several problems with failures to eject and misfeeds, even after cleaning the bolt face and extractor.  The Savage definitely functions better when one works the action briskly.  It also has a tight chamber which gums up after about 50 to 100 rounds if I run waxy ammo through it.  This leads to failures to extract until I clean it.  The tight chamber no doubt contributes to the rifle's accuracy with good ammo, but is a PITA in long shooting sessions.  I normally don't have the ejection or feeding problems with CCI Subsonics.

Since I'll probably go back to the CCI ammo in the Savage, after I was finished shooting I ran a patch with Hoppe's No.9 on it through the bore, followed by a squirt of RemOil, with the excess removed using a Hoppe's BoreSnake.  This will ensure that the worst of the gunk will be absent the next time I shoot the rifle, so the number of fouling shots needed will be reduced.

But all in all, it was still a good day, even with the functioning issues.

Saturday, March 07, 2009

Inflation Nation

This is something I've been increasingly worried about, with the trillions of dollars the Feds are pumping into the economy.

First, take a look at this graph from the St. Louis Fed of the US monetary supply over time, with indications of when we were in a recession.

Then-candidate Barack Obama bemoaned those simple-minded rural folk in Pennsylvania who "cling to guns and religion" in response to economic despair. Since Obama's election, however, Americans have clung to guns like never before. With hyper-inflation looming, a catastrophe initiated by Bush and continued by Obama, guns are thriving and religion may follow suit.

...

This may be an economic tsunami rolling toward us with little warning. The new money has no nexus whatsoever with the country's economy, which is comprised of the goods and services produced, bought and sold by humans. As this money supply has grown, the economy has contracted. This means the value of cash can only plummet. George Mason University law professor Todd Zywicki, who specializes in economics, explained on his blog that consumers haven't felt the inflationary effects of the inflated money supply only because of hoarding, brought about by economic fear.

...

"Presumably because the ‘velocity' of money has remained low - people and banks are hording money, rather than spending, borrowing, and lending it. Assuming velocity rises again, however, we may be looking at an inflationary spiral like we've never seen before in this country."

Now, go read the whole piece.

Meltdown

The meltdown explained in pictures, so even a big government Democrat can understand it.

The Greatest Dangers to Liberty

“Experience should teach us to be most on our guard to protect liberty when the government’s purposes are beneficial. The greatest dangers to liberty lurk in insidious encroachment by men of zeal, well meaning but without understanding.”

--Supreme Court Justice Louis Brandeis

Friday, March 06, 2009

Thursday, March 05, 2009

A Crazy Idea

A crazy thought occurred to me this morning:

What if the current financial crisis was concocted by a group of  productive people ("strikers") tired of supporting a bunch of  parasites ("looters"), as a way to reset the system?  Alan Greenspan was a disciple of Ayn Rand.

Who is John Galt?









Edit: This is post number 1,000 for Dave's Blog O'Stuff.  Go me!

Meanwhile, Near Hoboken...

The mayor of Hoboken got tarred and feathered, though only in effigy.

This happened in New Jersey? Things are getting interesting, in the Chinese sense of the word.

Tuesday, March 03, 2009

Setting the Fox to Guard the Henhouse

WTF?

WASHINGTON (AP) - President Barack Obama's Treasury secretary says the administration will unveil a series of rules and measures in the coming months to limit the ability of international companies to avoid U.S. taxes. 

I guess they're operating on the theory that it takes a crook to catch a crook.


{H/T InstaPundit.}

A Couple More Results from Google Trends

Following up on my earlier posts about keeping an eye on public mood via Google Trends, today I pulled up these two tidbits:

Libertarianism:

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Objectivism (Ayn Rand's philosophy):

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Both searches were limited to results from the US.  I find it interesting that even though the US just inaugurated its most left-wing president ever, there is an increased interest in two related political philosophies which emphasize individual rights over collective interests.  I think it probably reflects a reaction to not only the Democrats' victories, but also the increasingly big-government actions of the Republicans.

While Obama won about 52% of the popular vote, only about 56% of eligible voters bothered to show up.  Sure, a lot of this can be attributed to laziness, but much of it is due to utter disgust with the choices from which American voters get to pick.  E.g., would you like socialism or socialism lite?  For many people there just isn't a compelling difference between the two parties.  Those graphs above tell me that people are interested in an alternative.

Ten Ways to Help Prepare for a Depression

Ideally, we would all have prepared for a possible depression years ago.  That said, if you're just getting started it's not too late to take steps now which will make your life easier as the economy continues to circle the drain.

Here's a non-comprehensive list of things you can do to help prepare, in no particular order.
  1. Analyze your spending habits and reduce unnecessary expenditures.
  2. Pay down debt.  Debt is a tool and can be useful, but be careful that you're not incurring debt for the wrong reasons.  For example, taking out a loan to buy a boat right now is probably not a good reason for going into debt.
  3. Diversify your skills.  Employment during  a depression may not be easy to come by.  Make sure they're economically useful skills.  I suspect knowing how to weld, do carpentry, or fix computers will be more valuable than how to write mortgages or sell homes.
  4. Build up your personal and professional networks.  The more people you know the easier it'll be to find someone with a needed skill, and the easier it'll be to find a new job if you lose your current employment.  Social networking sites are potentially a great aid to this.  Look into LinkedIn, Plaxo, FaceBook, and Twitter.
  5. Look to the safety of you and your family.  When the economy goes down, crime goes up.  Take a class in self defense.  Learn your jurisdiction's laws on the use of deadly force.  Learn how to shoot if you don't know how.  See if there are things you can do to improve your home's security: motion sensor lights, a video intercom for the front door, solid doors, etc.
  6. Stock up on non-perishable consumable items.  Canned food, toilet paper, ammunition.  Having stuff like this stored is a hedge against future scarcity and against inflation.   This is something you should do discreetly, lest you get labeled a "hoarder," with all the negative implications that carries.
  7. Start a garden.  Plant a fruit tree.  Raise chickens if you have the space and time.
  8. Consider that if the economy tanks enough, there may be a run on banks.  If there's hyper inflation, paper currency will lose value quickly.  Acquire currency made from precious metals -- silver or gold -- in denominations small enough to be useful for typical transaction.  E.g., gold Soveriegns may be good investments but using them at the supermarket is likely to be an exercise in frustration.
  9. Look into barter arrangements as a way to stretch your money.  You can barter goods and services.
  10. If you have any outstanding health problems, now is the time to get them fixed.
If you have additional ideas please post them in the comments.  (Spam will get deleted with extreme prejudice.)

Oh Boy

As we've seen over the past few months, whenever Obama or Geithner open their mouth, the market takes a dump.  Message to Dear Leader: If you really want to help Wall Street, STFU.

Meanwhile, today I ran across the following stories which give more cause for concern:

First, "Dr. Doom" Nourel Roubini, an economist who's been bearish longer than most, is now saying the economy is even worse that he thought.


In sum, Buffett and much of the rest of humanity are just now coming around to Nouriel Robuini's way of thinking, the economist known as "Dr. Doom" is upping the ante on his longstanding bearish views.

A year ago Roubini was forecasting an 18-month recession with a U-shaped recovery; now, he's now expecting the downturn to last at least 24 months and possibly 36-months. He also sees rising risks of a Japanese-style L-shaped stagnation, i.e. a prolonged period with little or no economic growth.

Next, is this piece from Karl Denninger at Market-Ticker.org:

That's a snapshot of today's volume for June GE $2.50 PUTs.


That's over 52,000 contracts traded today, controlling 5.2 million shares.

They were purchased for about 30 cents, which means that the price has to be under $2.20 for them to go "in the money".

This is a bankruptcy bet on General Electric by the third week of June.

...

General Electric is a stalwart of our financial and industrial system. A bankruptcy by GE would be catastrophic for our economy and capital markets. The follow-on damage with suppliers and customers would be even worse.

IMHO, if you are not preparing for a long term economic downturn, even a repeat of the Great Depression, your head is in the sand.  It may not come to pass but so far the chances for a near-term recovery -- not that I think we'll ever get back to where we were -- are grim.

Monday, March 02, 2009

Snow Day

We're getting hit by the Nor'Easter which is going up the East Coast.  There are about four inches on the ground now and it's still snowing, with the expectation of getting 2  to 4 more inches.

I am finally going to get to use my snowblower.  w00t!

Edit:

I just got back in after going out to clean off my truck and J.'s van.  Looks like we got only about 3" but it's sleeting.  Yuck.

Later Edit:

We ended up with about 5" or so.  When I went out to fire up the snowblower, I saw that the left tire was flat.  Again.  I'd checked it recently but I guess it popped off the rim during one of our recent cold snaps.  This is a major PITA, so I think I'm going to get inner tubes installed.  That way if a tire goes flat I should be able to reinflate it easily.

Saturday, February 28, 2009

Happy Dance Time

Just got tickets to see Eric Clapton and Steve Winwood in Philadelphia on June 12th.  {Insert happy dance here.}

I'm looking forward to hearing some Blind Faith tunes live.  This will be the fourth time I've seen Clapton live.  He's one of the rare musicians who is better on stage than in the studio, IMO.

Friday, February 27, 2009

Reid Joins Pelosi in Opposition to Revived AWB

From TheHill.com:


Senate Majority Leader Harry Reid will join Speaker Nancy Pelosi (D-Calif.) in opposing any effort to revive the 1994 assault weapons ban, putting them on the opposite side of the Obama administration.
Reid spokesman Jim Manley said the Nevada Democrat will preserve his traditional pro-gun rights voting record.
"Senator Reid would oppose an effort (to) reinstate the ban if the Senate were to vote on it in the future," Manley told The Hill in an e-mail late Thursday night.

Good news, assuming it's true.  However, now is not the time to rest on our laurels.  It is still important to contact your Representative and Senators to express your opposition to any Federal gun control, so that they know we won't go away.

{H/T Alphecca}

Thursday, February 26, 2009

So, Attorney General Holder has tipped the Obama administration's hand in support of a revived Assault Weapons Ban.  In response, I sent the following letter to my elected Congresscritters:

I write to you with great concern in light of Attorney General Holder's comments, in which he voiced the Obama administrations support for reenacting the Clinton-era Assault Weapons Ban.  I urge you to oppose any attempt by the administration to revive this reprehensible, ineffective, and unconstitutional law, whether through executive order or legislation.

Last year the Supreme Court of the United States held in District of Columbia vs. Heller (PDF) that the Second Amendment protects the individual right to keep and bear arms.  In discussing what "arms" were protected, the Court held that the Second Amendment protects individual ownership of arms that are in common use by the American public.  In the past decade or so, the very sort of arms that the Obama administration would like to see banned are the most commonly purchased firearms.  Thus, such a ban is clearly unconstitutional under Heller.

Moreoever, the proposed justifications for a revived Assault Weapons Ban are clearly bogus.  So-called assault weapons are not the weapon of choice for criminals, and gun control never works to reduce crime.  Incredulously, A.G. Holder claims that the US is a major source of weapons used by Mexican drug cartels.  This is preposterous.  Further, if we have heretofore been unable to stem the flow of illegal drugs and migrants into our country, what hope would we have of blocking access to weapons by the same well organized criminal enterprises who breach our border on a daily basis?

Please rest assured that I will be following this matter closely and it will have a major impact on my decision for whom to vote in the next election.

Feel free to copy for your own use.

Strangely enough, Speaker of the House Nancy Pelosi seemed to downplay on the prospects for a new AWB.  We know this isn't because she's seen the error of her ways and doesn't support gun control.  Rather, it's due to one of two things, maybe both:

  1. She wasn't consulted first before Holder ran off at the mouth.
  2. She remembers what happened in the 1994 mid-term elections to the Democrats who supported the Clinton AWB.

Wednesday, February 25, 2009

Anniversary of Colt's Patent

On February 25, 1836, Samuel Colt received his patent for an "Improvement in Fire-Arms."

View it here.

More Public Mood Investigation with Google Trends

In my last post I looked at gauging the public mood in America using Google Trends.  This morning I punched in a few more terms.  The results reinforce my findings yesterday which indicate that there's a lot of unease out there about a potential economic crash.

First, looking for "gold standard" and "precious metals" gives us these two graphs, which lead me to believe folks are losing confidence in our money system:


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And "food storage" shows are sharp increase, revealing concern about either future scarcity, future inability to pay for food, or both:


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Finally, searching for trends on "ammo" possibly revealing uncertainty about things in general, including future availability:

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Click on the thumbnails for full size graphs.

Tuesday, February 24, 2009

Gauging Public Mood With Google Trends

Google has a bunch of neat tools in their Labs, one of which is Trends, which provides statistics on search terms going back to 2004.  Using Trends, one can get an idea of what is piquing the public interest and when.  I went and entered a few search strings to see what I'd find, with the results below.  My Trends searches were limited to results originating within the United States.

Take, for example, the search term "assault rifle." (Click the thumbnail for a full size graph.)


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We can see that there was a spike around September 2004, which is when the Federal Assault Weapons Ban sunset, with another uptick -- sustained this time -- since Barack Obama won the election back in November.  Last Saturday I was at my local gun monger (Surplus City in Feasterville, PA) and the owner told me that business continues to be brisk while his ability to restock remains a problem.  Long time gun owners like myself have been buying, but so have been a lot of new people concerned with the economy and their future access to firearms.  Gun sales have been about the only bright spot in a dismal economy.

"Economic collapse" and "stock market crash" are a couple of other interesting terms to enter to see what Americans are thinking about.



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Naturally, people are worried about the economy and have been, especially since September when the first talk of Federal bailouts started being heard.  We've also seen an increase in concern about the stock market since Obama got elected.  I wonder what happens when we look for "Atlas Shrugged?"



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So, Americans are increasingly worried about the economy, more interested in assault rifles, concerned about socialist leeches stealing the fruits of their labor, and maybe dropping out altogether.

Hope and change!

Operation Mag Drop

Tom Gresham of Gun Talk has a new project that strikes me as a good idea.  Instead of letting your old gun magazines (the ones you read, not the ones which hold ammo) clutter up your house, drop them off at places where people have to sit and wait for something.  E.g., doctor's offices and barber shops.

It's a way to increase positive exposure for shooters, shooting sports, and the right to keep and bear arms.

Monday, February 23, 2009

Vote of No Confidence

Investor's Business Daily sums up why the market continues to tank.  The following graph shows just how much it's shrunk.  The Standard & Poor 500 has lost a bit more than one third of its value since Obama pulled ahead of McCain for good.  (Click the thumbnail for full size image.)


IBD S&P 500


Meanwhile, the Democrats in charge are doing nothing to allay the market's fears.  Indeed, they seem to be doing everything in their power to ensure that that it continues to dive.

If one was paranoid, one might suppose that the Dems are consciously acting this way in order to enable further encroachments by the Federal government into the free market.  But that's just tinfoil hattery, right?

Emergency Preparations on a Budget

I wrote this post over on TRP almost three years ago, but it's especially relevant now.

Obama Wants to Trim the Deficit

Uh huh.


President Obama is putting the finishing touches on an ambitious first budget that seeks to cut the federal deficit in half over the next four years, primarily by raising taxes on businesses and the wealthy and by slashing spending on the wars in Iraq and Afghanistan, administration officials said.

In addition to tackling a deficit swollen by the $787 billion stimulus package and other efforts to ease the nation's economic crisis, the budget blueprint will press aggressively for progress on the domestic agenda Obama outlined during the presidential campaign. This would include key changes to environmental policies and a major expansion of health coverage that he hopes to enact later this year.

Why does this seem like announcing you're going on a diet immediately after eating an entire pizza with all the toppings?

Sunday, February 22, 2009

Fiddling with the Economy

As Obama campaigns for his various economic recovery plans, he doesn't seem to realize that people have smelled leadership failure already and voted with their money; they're selling off everything related to the financial systems he's trying to preserve in the hard-to-dispute belief that he's going to bankrupt them in spite of anything else he might say or believe. It's as if all the man knows how to do is campaign and he and his team are unable to shift into real "here's the plan let's make it work" leadership. For all the leadership failures of the Bush team, the new order formed from the "anyone but Bush" camp seems unable to actually look forward and lead. By focusing on keeping people with unsustainable credit problems in their mortgages, he's effectively offering more painkillers to a patient that's in cardiac arrest from overdosing on them in the first place. Encouraging zombie home-ownership won't give us non-zombie banks.

From The Jaded Apprentice.

Saturday, February 21, 2009

New Springfield XD9

Today I went up to Surplus City to swap off a couple of safe queens for something more useful.  I traded in a Century R1A1 FAL and a Yugoslavian SKS, both of which I've only taken to the range once.  I looked at three pistols: a used Smith & Wesson M&P9L, a new M&P9, and a Springfield Armory XD9 Service Model Bi-Tone.  I shot a friend's XD9 several years ago and liked it a lot.  A couple of weeks ago I shot my father's M&P9.  After handling the M&P and the XD side by side, I decided that the XD fits my hand better, so I took it in trade for the rifles.

The XD is made in Croatia and features an action similar to a Glock.  It is striker fired, with a Browning/Petter type short-recoil action.  The frame is made of plastic with a steel insert.  The slide on the Bi-Tone model is made from stainless steel, given a matte finish.  Barrel length is four inches.

Like the Glock, the XD has a single action trigger with a safety tab requiring that it be fully depressed before the gun can fire.  It also has a grip safety, unlike the Glock.  Because the gun has no other manual safety, I do like having the grip safety.

An additional safety feature is a loaded chamber indicator which can be felt in the dark.  Also, the rear of the striker protrudes from the slide indicating the gun is cocked.

Naturally, by far the most important safety is the one between your ears.

The XD9's stainless steel magazines hold 16 rounds.  The XD came with three magazines.  I'll be getting some more.  Interestingly, I've read that Beretta M-92 magazines can be easily modified to work in the XD by drilling a hole in the correct place.  I will look into this and maybe give it a try as a proof-of-concept, as it could come in useful in a pinch.

The XD came in a lockable plastic box with the magazines, a right handed holster, a double magazine carrier, and a magazine loader, plus a chamber flag, a cable lock, and a manual.  Being a lefty I won't get any use out of the holster but the mag loader is definitely handy, and the mag holder may come in useful.

Field stripping the XD is simple.  FIRST clear the gun, then lock the slide to the rear.  Next, rotate the takedown lever to the up position.  Then slowly let the slide forward.  Keeping the gun pointed in a safe direction, pull the trigger, and then pull the slide and barrel off the front of the frame.

With the top half of the gun off, the recoil spring guide and the captive spring can be pulled off the barrel, and the barrel removed from the slide.

After I got the pistol home I field stripped it, ran a couple of patches through the bore, and then lightly lubed it with Weapon Shield CLP from a sample bottle I got a couple years ago.  Weapon Shield CLP is similar to FP-10 and was designed by the same guy.  Without doing a chemical analysis it's hard to tell them apart, they have the same color, feel, and cinnamon scent.  It's good stuff.

Tonight I went with Dad and my brother to the Lower Providence Rod & Gun Club and put the XD through its paces on the indoor range.  We ran about 210 rounds of 9mm Parabellum through it.  About 170 of these were Winchester 115 grain FMJ while the remaining 40 were Speer 124 grain Gold Dot JHPs.  All were standard pressure loads.  We experienced no malfunctions.

The XD Service Model is comparable in size with a Glock 19.  When comparing the two pistols, certain features show the differences between the guns.  For example, aside from the previously mentioned grip safety of the XD, the grip angle of the guns differs.  The Glock has a more acute angle, reminiscent of the Luger.  In contrast the XD has a grip angle more akin to that of a 1911 or Browning High Power.  The profile of the XD's grip is also reminiscent of the High Power.  The grip angle and cross section are why I favor the XD over the Glock.

Glock's have a lower bore line and a shorter trigger reset.  These should enable faster shot-to-shot recovery with a Glock vs. the XD, everything else being equal.  Since the Glock just doesn't fit my hand well, the XD is still a better choice for me.

We put rounds through the XD pretty rapidly, shooting at paper plates from seven yards.  Accuracy was on par with other service pistols I've shot, i.e., a few inches.  I've no doubt that groups could be improved with slower, more deliberate fire, or match grade ammunition.  But for its intended purpose as a short range defensive arm, the XD is accurate enough.

I found the XD very pleanat to shoot.  The grip shape and angle are similar to those of my favorite autoloader, the Browning High Power.  Reliability appears to be fine, and accuracy is good.

My brother also happened to go up to the same shop today and got himself a Colt Combat Commander XSE in .45 ACP.  It's made from stainless steel and came with some nice features, including an ambidextrous safety, a comfortable beavertail grip safety, and very pretty rosewood grips.  Unfortunately, it has a one-piece full length guide rod.  Overall fit and finish of the gun is excellent though it could use a little dehorning.  The trigger is very good, breaking cleanly with little creep, probably at around four pounds.  He put 100 rounds of .45 230 grain FMJ through it with one failure to feed.  The gun is a bit stiff and needs breaking in but once he's put some more ammo through it I'm sure it'll be good to go.  I want one.

Arkansas Ice Storm After Action Report

The following AAR is courtesy of Vernon Humphrey, and is posted here with his permission.

Some of y'all may remember my survival story from last February, when a tornado tore a 123-mile long swath through Arkansas (Not posted here. --DM).  Mountain View was hit, and the hospital, ambulance service, and one critical fire station destroyed.  We were cut off from the outside world (although there was sometelephone service within the county.)  We were without power for a week.

Not long after, we lost power for another three days when a snowstorm disrupted our jury-rigged system.  Then we had two floods, one on top of the other -- producing a 100-year flood.

A few months later, the remnants of Hurricane Ike went through the Ozarks and we lost power for another six days.

Finally, on Monday, the 26th of January, we had an ice storm -- the mother of all ice storms.  It began as heavy fog in freezing weather.  The fog froze on the trees, sheathing them with ice.  Finally, the weight of the icewas too much for the trees.   They began to split and break.  Power poles were broken off.  People in rural areas were truly isolated -- so many trees
were down that we literally had to chain-saw our way to the highway.

In my case, being 3.5 miles down a county road, 0.6 miles down a common road(shared with one other family) and a quarter mile of private drive, it tooktwo days to cut a path out.

There was one bright spot -- although the power pole at the end of the common road was broken off, some neighbors working to clear that part of thecounty road realized that pole carried my phone line.  They cut the pole insections, and dragged the sections aside as best they could -- the sectionswere still held together by my phone line.

So I still had telephone service.  Until Saturday.  On Saturday, the postman came.  Those sections of power pole made it a bit inconvenient for him to reach the mail box.  So he thoughtfully cut my phone line, so he could drag the sections out of the way.  And, of course, we can't get a cell phone signal here in the mountains.  I had thought about getting a two-way radio since the last disaster, but hadn't yet got around to it.

Other than that, my survival plan worked well.  First, as soon as the power went out, I cleaned out the freezer compartment of the refrigerator.  I took all the frozen food downstairs and put it in the chest freezer in the basement "machine room" (which is where the heating system is, the junction box, water cut-off and so on.)   The machine room also contains the chest freezer, my gun safe, and all our survival stores.  I keep a 1.35 kWgenerator down there, along with a Coleman dualfuel camp stove and lantern.

With the freezer as full as I could get it with frozen food and freezer packs, I closed it up, took the generator outside and fired it up.  For 13 days, I ran this little generator two to three times a day -- and it kept the food in the freezer solid.  The value of the food saved exceeded the
cost of the generator.  It more than paid for itself  Thirteen days of operation, two to three sessions a day, each time allowing the generator to go out of fuel, burned about nine gallons of gas.

In passing, I might note some of my neighbors have large generators, and used them for lights, TV and other purposes.  This is really expensive, because these more powerful generators use a lot of fuel.  And fuel can be hard to come by in a survival situation.  Since the tornado last February, I keep 15 gallons of gas on hand, and use my generator for the freezer only.

I got a fire going in the Buck™ stove that heats the basement, and as soon as I managed to clear a driveable way out, I started cutting the downed trees into firewood lengths, hauling and splitting then.  My Buck stove will take an 18" log, but I tend to cut them to shorter lengths -- makes them easier to split with my Wal-Mart splitting maul.

Over the long haul, you will find the fire will burn down at night, and you need to get a good fire started each morning.  I keep at least a full box of Starter Loggs ™ in the basement.  These are made of wax and sawdust, and can be broken into cakes that start fires easily.   If you stack split wood in the stove with a cake of Starter Logg under the stack, you don't even needkindling to start a roaring fire.

My wife is a nurse -- she's the Assistant Director of Nurses at the local nursing home.  When we got warning of a coming ice storm, she packed up and went into town -- the nursing home put her and several other nurses up in a motel room, so they could keep staff on hand when other nurses couldn't get into work.

She finally came home on Friday, the 30th.   And rearranged everything.  Me, I was comfortable with a folding table set up in the basement with the camp stove, a pot, spoon, glass and GI canteen cup.   That was all I needed.  But women need more.  Soon we had half the kitchen down in the basement -- pots, pans, seasonings, and so on.  Plus her makeup, knitting and other essentials.

Crews from several states were working to restore power.  The number of power poles broken exceeded the number of new poles on hand, and our power company had to borrow from other states.   Finally, on the evening of Sunday, February 8th, the power came back on.  But we didn't get telephone service until the about  6:45 PM on Friday the 13th, and only one number at that (I have a dedicated computer line, which wasn't restored.)  When I went
down to check on the work, the lines were merely twisted together -- the splice wasn't even wrapped with electrical tape.  There was so much  noise on the line, conversation was difficult, and of course, Internet connections were impossible.  My dedicated computer line was  restored (and the other line properly fixed) at 4:00 PM on Friday, the 20th.

As I look across Lick Fork Creek toward Johnson Ridge, the whole mountain seems to be speckled yellow -- that's raw wood showing where  trees split under the weight of the ice.  The timber is ruined -- anyone who was counting on selling timber will have to put that off for a generation.  And, of course, the woods are full of "widow-makers" -- the split tops of trees
still hanging  by a  thread.

I have already cut next year's supply of firewood from fallen and splintered limbs -- and after cutting it, I took down all the  dangerous trees around the house, and now have a double supply of firewood.

The lessons here are:

· Survival disasters can occur at any time, and leave you completely cut off.

· Work with your neighbors.  Help them and they will help you.

· Disasters can last so long and come so often they aren't fun anymore.

· The key to survival is to anticipate a real disaster situation and plan accordingly.

· Plan to stay where you are, if at all possible, and to stick out the disaster at home.  Remember, you have far more stuff in your home than you can possibly carry if you opt to go somewhere else, and you may need all of it.

· Practice your plan.  Each time you practice, make a note of what you didn't have but wish you had, and steadily improve your plan and your equipment list.

· Economize.  Scarce resources (like fuel) may be difficult to replace in a survival situation.  Use them sparingly.

· Choose your survival tools for utility, not for cleverness.  I use a real ax, splitting maul and chainsaw, not a "multi-purpose survival tool."  If I need game I use my ordinary hunting rifle, not a folding compromise "survival" weapon.

· Shoot that damn' postman!

Friday, February 20, 2009

Holy S**t

Click the link for a full size graph.

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Thursday, February 19, 2009

Yeats Comes to Mind

In watching the economy and our idiots "leaders'" responses thereto, I can't help but thinking of William Butler Yeats' The Second Coming , in particular, the first stanza:

TURNING and turning in the widening gyre
The falcon cannot hear the falconer;
Things fall apart; the centre cannot hold;
Mere anarchy is loosed upon the world,
The blood-dimmed tide is loosed, and everywhere
The ceremony of innocence is drowned;
The best lack all conviction, while the worst
Are full of passionate intensity.

Review of 5 Powerline Networking Devices

There's a good article over at Computerworld reviewing five Ethernet-over-powerline devices.

I have limited experience with this type of networking.  All of my small business clients use Fast or Gigabit Ethernet over CAT5e wiring.  Most home users I've worked with have been content with WiFi.  But, for some home networks, installing CAT5e is too expensive, while WiFi is subject to too much interference.

Case in point, one of my clients has three computers in his home (two Macs and one PC), all sharing a cable modem.  There's also a Brother printer which plugs into his router, providing print services to the three computers.  One of the Macs is located in the Florida room out back, while his Linksys WRT-54G WiFi router is located downstairs in his den, near the front of the house.

We first tried get the Mac in the Florida room onto the network via WiFi but the signal kept dropping.  It was pretty marginal and as time passed he was seeing more interference as well.  So, I had him get a Linksys PLK200 Powerline AV Ethernet Adapter Kit.   One of the Linksys adapters was connected to his router while the other one was connected to his Mac.  It's been working well and allows whoever is on the Mac to reliably access the Internet at speeds over 10 Mbps.

If you go with Ethernet-over-powerline networking, and you own an older home, I recommend testing to make sure that your outlets are properly grounded, to prevent damage to your equipment. This GFI OUTLET TESTER will tell you if it's correctly grounded or if it needs to be fixed.

Wednesday, February 18, 2009

Understanding the Stimulus Bill

Received via email:

Shortly after class an economics  student  student approaches his economics  professor and says, "I don't understand this stimulus  bill. Can you explain it to me?"

The professor replied, "I don't  have any time to explain it at my office, but if you  come over to my house on Saturday and help me with my weekend project,  I'll be glad to explain it to you." The student agreed.

At the agreed-upon time,  the student showed up at the professor's house. The  professor stated that the weekend project involved his  backyard pool.

They both went out back to the  pool, and the professor handed the student a bucket.  Demonstrating with his own bucket, the professor said,  "First, go over to the deep end, and fill your bucket with as much water as you can." The student did as he  was instructed.

The professor then continued,  "Follow me over to the shallow end, and then dump all  the water from your bucket into it." The student was  naturally confused, but did as he was  told.

The professor then explained  they were going to do this many more times, and began  walking back to the deep  end of the   pool.

The confused student asked,  "Excuse me, but why are we doing  this?"

The professor matter-of-factly  stated that he was trying to make the shallow end much  deeper.

The student didn't think the  economics professor was serious, but figured that he  would find out the real story soon  enough.

However, after the 6th trip  between the shallow end and the deep end, the student  began to become worried that his economics professor had  gone mad. The student finally replied, "All we're doing is wasting valuable time and effort on unproductive   pursuits. Even worse, when this process is all over,  everything will be at the same level it was before, so  all you'll really have accomplished is the destruction  of what could have been truly productive  action!"

The professor put down his  bucket and replied with a smile, "Congratulations. You  now understand the stimulus bill."

Tuesday, February 17, 2009

Waxman: Extend Fairness Doctrine to the Internet

Apparently not content with imposing the so-called Fairness Doctrine on traditional media*, Rep. Henry Waxman (D-CA) wants to extend it to the Internet.


Senior FCC staff working for acting Federal Communications Commissioner Michael Copps held meetings last week with policy and legislative advisers to House Energy and Commerce Committee Chairman Henry Waxman to discuss ways the committee can create openings for the FCC to put in place a form of the "Fairness Doctrine" without actually calling it such. 
 
Waxman is also interested, say sources, in looking at how the Internet is being used for content and free speech purposes. 

Yeah, let's party like it's 1984.





* Yes, I know the Dems haven't resurrected the FD.  Yet.  They're diligently working on it, though.

Monday, February 16, 2009

FDR's Secy. of the Treasury on Spending Money as a Stimulus

Henry Morganthau to Congress, May 1939:

"We have tried spending money. We are spending more than we have ever spent before and it does not work. And I have just one interest, and if I am wrong ... somebody else can have my job. I want to see this country prosperous. I want to see people get a job. I want to see people get enough to eat. We have never made good on our promises ... I say after eight years of this Administration we have just as much
unemployment as when we started ... And an enormous debt to boot!"*

* Burton Folsom, Jr., New Deal or Raw Deal? (New York: Simon &
Schuster, 2008), p. 2.

Morganthau was FDR's Secretary of the Treasury.

The Silver Screw

Received this morning via email:


Once upon a time, a young lad was born without a belly button. In itsplace was a silver screw. All the doctors told his mother that therewas nothing they could do.Like it or not, he was stuck with it . . . He was screwed.

All the years of growing up were real tough on him, as all who saw thescrew made fun of him. He avoided leaving his house . . . And thus,never made any friends.

One day, a mysterious stranger saw his belly and told him of a swami in Tibet who could get rid of the screw for him. He was thrilled. Thenext day, he took all of his life's savings and bought a ticket to Nepal. After several days of climbing up steep cliffs, he came upon a giant monastery. The swami knew exactly why he had come. The screwy guy was told to sleep in the highest tower of the monastery and the following day when he awoke, the screw would have been removed. The manimmediately went to the room and fell asleep.

During the night while he slept, a purple fog floated in an open window. In the mist floated a solid silver screwdriver. In just moments, thescrewdriver removed the screw and disappeared out the window.

The next morning when the man awoke, he saw the silver screw laying on the pillow next to him. Reaching down, he felt his navel, and there was no screw there! Jubilant, he leaped out of bed . . . . And his butt fell off.

The moral to this is:


'Don't screw around with things you don't understand -- You could lose your ass.'


---- Congress is noted for screwing around with things they don't understand - like the economy. That's why we are all losing our asses!

Thursday, February 12, 2009

True Cost of the Stimulus: $3.27T

From the Heritage Foundation:

Rep. Paul Ryan (R-WI) asked the Congressional Budget Office to estimate the impact of permanently extending the 20 most popular provisions of the stimulus bill. What did the CBO find? As you can see from the table below, the true 10 year cost of the stimulus bill $2.527 trillion in in spending with another $744 billion cost in debt servicing. Total bill for the Generational Theft Act: $3.27 Trillion. (Emph. added.)

Go here for the article, including the table.

"Generational Theft Act" strikes me as the best description I've heard yet for this train wreck.

Off the Deep End

Professor Greg Mankiw has a chart detailing total annual surplus or deficit as a percentage of GDP.  It shows the difference between what it would be with and without the Obama stimulus package, according to the Congressional Budget Office.

With the stimulus the deficit is a lot worse.

PA Castle Doctrine Bill Introduced

A "castle doctrine" bill has been introduced in Pennsylvania.  This bill reaffirms that a person's home is his castle, limits the duty to retreat, and in general clarifies when a person may use force, including deadly force, in defense of himself and others.  It also limits lawsuits by criminals against people who used force to defend themselves or others against a criminal act, e.g., a homeowner who shoots a burglar breaking into his home.

This is a good bill.  I urge any of my readers who live in PA to contact their legislators in support of this bill.

The text of the bill is here.

Wednesday, February 11, 2009

Topical Quote from Mark Twain

I ran across this while going through some old email.  It seemed relevant in light of the porkulus bill that seems about to be rammed down our throats.

"The mania for giving the Government power to meddle with the private affairs of cities or   citizens is likely to cause endless trouble, through the rivaly of schools and creeds that are anxious to obtainofficial recognition, and there is great danger that our people will lose our independence of thought and action which is the cause of muchof our greatness, and sink into the helplessness of the Frenchman or German who expects his government to feed him when hungry, clothe himwhen naked, to prescribe when his child may be born and when he may die, and, in time, to regulate every act of humanity from the cradle to the tomb, including the manner in which he may seek future admission to paradise." 

--Mark Twain (Samuel L. Clemens)

800 Billion Reasons to Be Worried

From Reason:

How bad is the stimulus bill just passed by the Senate? Well, at least as bad as the one passed last week by the House of Representatives, but probably not as bad as the final bill that will land on President Barack Obama's desk, possibly as soon as the end of this week.

Don't take my word for it. In a report to Sen. Judd Gregg (R-N.H.), the nonpartisan Congressional Budget Office (CBO) laid out in plain English—well, economic language—that the Senate bill would eventually cause not a stimulus but a recession in "the longer run." 

Full story.

This bill isn't so much a stimulus as a crapload of pork projects designed to reward Democrat constituencies.  Worse, it encourages people to invest in government backed securites (i.e. bonds) rather than investing in private companies, which are where jobs are actually created.

Tuesday, February 10, 2009

The United States of Argentina

From The American Conservative:

Anyone not alarmed by the state of the U.S. economy is not paying attention. As our Dear Leader begins his term, the theory of very big government has the support of an alarmingly broad political consensus. Despite the obvious dangers—devastating inflation and the ruin of the dollar—the United States seems pledged to a debt-funded spending spree of gargantuan proportions.
 
...
The country in question is Argentina, and even mentioning the name might initially make any comparison seem tenuous. The United States is a superpower with a huge economy. Argentina is a political and economic joke, a global weakling legendary for endemic economic crises. Between them and us, surely, a great gulf is fixed. Yet Argentina did not always have its present meager status, nor did its poverty result from some inherent Latin American affinity for crisis and corruption. A century ago, Argentina was one of the world’s emerging powers, seemingly destined to outpace all but the greatest imperial states. Today it is … Argentina. A national decline on that scale did not just happen: it was the result of decades of struggle and systematic endeavor, led by the nation’s elite. As the nation’s greatest writer, Jorge Luis Borges, once remarked, only generations of statesmanship could have prevented Argentina from becoming a world power.
For Americans, the Argentine experience offers multiple warnings, not just about how dreadfully things can go wrong but how a nation can reach a point of no return. Not only did Argentina squander its many blessings, it created a situation from which the society could never recover. Argentines still suffer from the blunders and hubris of their grandparents without any serious likelihood that even their most strenuous efforts will make a difference. A nation can get into such a situation easily enough, but getting out is a different matter. A corrupted economy can’t be cured without being wiped out and started over.

Taking Apart the Stimulus

The Washington Post has an excellent graphic showing where the money is going in the Obama porkulus bill.  Click the image for a full size graphic.



We're fucked.

CA Judges Order Massive Prisoner Release

In California?  Might want to pick up some extra ammo.

SACRAMENTO, Calif. —  A special panel of federal judges tentatively ruled Monday that California must release tens of thousands of inmates to relieve overcrowding.

...

"There are simply too many prisoners for the existing capacity," they wrote. "Evidence offered at trial was overwhelmingly to the effect that overcrowding is the primary cause of the unconstitutional conditions that have been found to exist in the California prisons."

The three judges suggested a target prison population of between 100,800 and 121,000 inmates — down from the current level of about 158,000. More inmates live in conservation camps, community correctional facilities and private prisons in other states.

The proposed targets would require the state to reduce the prison population by between 36,200 and 57,000 inmates. Attorneys representing inmates had sought a reduction of about 52,000 inmates.

...
Link.

Here's hoping that they pick non-violent offenders to release.  Of course, if we got rid of The War on (Some) Drugs, it's unlikely the prisons would be so overcrowded to begin with.

Fiscal Child Abuse

At Cato.org:

Repeating his plea for the fiscal stimulus plan on February 5, President Obama said that "The time for talk is over. The time for action is now, because we know that if we do not act, a bad situation will become dramatically worse. Crisis could turn into catastrophe for families and businesses across the country."
This is the fifth time in my adult life that the president has asked for or asserted unprecedented authority on an expedited basis with little or no congressional review. Each of the prior occasions turned out to be a disaster.

Read the whole thing.

10 Privacy Settings Every Facebook User Should Know

If you use Facebook, go read this post on AllFacebook.

Monday, February 09, 2009

$9.7 TRILLION Bailout?

WTF?

Feb. 9 (Bloomberg) -- The stimulus package the U.S. Congress is completing would raise the government’s commitment to solving the financial crisis to $9.7 trillion, enough to pay off more than 90 percent of the nation’s home mortgages.

The Federal Reserve, Treasury Department and Federal Deposit Insurance Corporation have lent or spent almost $3 trillion over the past two years and pledged to provide up to $5.7 trillion more if needed. The total already tapped has decreased about 1 percent since November, mostly because foreign central banks are using fewer dollars in currency-exchange agreements called swaps. The Senate is to vote early this week on a stimulus package totaling at least $780 billion that President Barack Obama says is needed to avert a deeper recession. That measure would need to be reconciled with an $819 billion plan the House approved last month.

Only the stimulus package to be approved this week, the $700 billion Troubled Asset Relief Program passed four months ago and $168 billion in tax cuts and rebates approved in 2008 have been voted on by lawmakers. The remaining $8 trillion in commitments are lending programs and guarantees, almost all under the authority of the Fed and the FDIC. The recipients’ names have not been disclosed. 
Link.

Where exactly do the Feds think this money is going to come from?

BO's Stimulus Package is Harmful in the Long Run

According to the bipartisan Congressional Budget Office, Obama's proposed stimulus package will be harmful in the long term.


President Obama's economic recovery package will actually hurt the economy more in the long run than if he were to do nothing, the nonpartisan Congressional Budget Office said Wednesday.

CBO, the official scorekeepers for legislation, said the House and Senate bills will help in the short term but result in so much government debt that within a few years they would crowd out private investment, actually leading to a lower Gross Domestic Product over the next 10 years than if the government had done nothing. 

More.