Poor Man’s Recession Survival Bulletin
Your choice for usable Urban Survival Resources
In This Issue:
· More signs of double-dip recession
· Buying a home generator
· Prospects for government worker retirement fades
· Why no one is hiring
· To survive you need to be self sufficient
· More ways to stretch food budgets, bulk foods
"The two big issues with consumers right now are employment growth and income growth, and they're not seeing much of either.” George Pipas, Ford Motor Co.'s top sales analyst.”
Why No One is Hiring
I’ve been a speaker at dozens of Business Conferences around the country over the years. I always chuckle when a government agency, (federal, state, or local) says it’s there to help folks launch a business through their ‘one stop business centers.”
What they’re really saying is we’ll show you all of the forms, permits, fees and taxes we’ll burden you with when you start a business…depending on what kind of business you start, you’ll also face mountains of rules and regulations designed to keep your profits low.
Ask any lawyer or financial planner…the biggest obstacle to wealth building and job creation is the government, which is one of the reasons why so many multi-national corporations choose to incorporate offshore and manufacture goods overseas where litigation costs won’t kill a business. They pay little or no US taxes but reap the profits.
As one wag puts it, “governments normally ignore corporations but they look at citizens as cows with teats which can be milked over and over again.”
The cost of medical insurance, workers compensation, taxes and other perks makes US businesses less competitive in the global marketplace which is why so many good jobs are offshored, why so many companies will only hire part time, why so few multi-nationals pay US taxes, etc. All of this discourages people from starting a business and/or hiring someone.
Because this has been a ‘jobless recovery,’ you might be in peril if you’ve ignored our past few issues, which have warned about the ‘new’ recession. Consider, for example:
Signs of a double-dip recession are flashing everywhere. And I do mean EVERYWHERE. If You're Not Taking Action, I Believe You're Making a Big Mistake!
In just the past few days, we’ve learned:
• New home sales imploded 33 percent to a seasonally adjusted annual rate of 300,000 units. That's the lowest ever recorded!
• Durable goods orders tanked 1.1 percent in May, while housing construction skidded 10 percent.
• Consumer confidence plunged to 52.9 in June, according to the Conference Board. That was a huge drop from 62.7 in May and well below the 62.5 that economists were expecting
• The Dallas Fed's gauge of manufacturing activity dropped to -4 percent from 2.9 percent. The Chicago Fed's activity index fell to 0.21 from 0.25. The Richmond Fed's index fell to 23 from 26, while the Philadelphia Fed's index plunged to 8 from 21.4, the worst reading in 10 months.
The message - This isn't some isolated, regional downturn. It's one that's spreading to every corner of the United States.
• The Economic Cycle Research Institute's Weekly Leading Index is falling off a cliff. Its growth rate just fell to NEGATIVE 6.9 percent, the worst reading in a year and far below the high of POSITIVE 28.5 percent in October. The last time this index tanked this much, recession struck within a few months.
Buying a Home Generator
Having a generator is always a good idea, especially if you live in storm prone areas. America’s power grid isn’t what she used to be and it’s in danger of overload. Here are some pointers we’ve compiled on buying a home generator.
Many might argue getting a generator is counter to the free energy derived from solar and wind as it eats up fossil fuels. Yes, it does. However, installing enough solar and wind equipment is expensive and beyond the reach of many and for most a generator is a good back up.
A 5,000-watt or eight-kilowatt generator is probably the smallest unit I’d go with. This will keep your fridge, lights, heat, laptop and even a TV going until power is restored. Get an electrician to install a manual transfer switch, which changes over power from your electric service to your generator. Some newer models have designs to make this easier to do yourself.
If you have a large home with higher than normal heating or cooling needs, you might need a bigger generator. Also, if you rely on a pump to raise water from a well or to run a basement sump pump, you might need a more powerful 10-12-kW generator.
Typically, generators use natural gas, propane, gasoline or diesel fuel so your first consideration will be to determine which is most abundant in your region AND which fuel can be stored for long periods of time. For instance, gasoline will last 90-days and you can add products such as Stab-il to prolong its lifespan.
With proper maintenance (you should fire it up once a month), a diesel generator can last 40 years (but they cost more). A 20-gal diesel fuel tank will run 30 hours or so. Look for units, which will run at least 5-6 hours. Gasoline powered systems are good on average 20 years.
For larger units you should consider professional installation and consider those added costs in your estimating. Reliable brands we like include whole house brands such Generac and Cummins can run your entire home and are often connected directly to a natural gas supply. These larger units can set you back $5000 or more.
A Troy-Bilt 5500-watt generator is another good brand and is portable and handy for such tasks as working in the field. It has a Briggs & Stratton engine, a 5-gal fuel tank, weighs 155 lbs and will run for 10 hours at half load. Other reliable brands include Honda and Coleman.
Solar powered generators are also available but not inexpensive but then again, you won’t worry about running out of fuel. I saw this one on eBay…Power Source 1800 will supply up to twelve hours of uninterrupted backup power for a small office, and up to eight hours of runtime for essential home appliances and small electronics during a power outage…cost was $2000!
Another option for quick emergencies is the power inverter, which converts direct current from your car battery to standard A/C. These can be found in local stores but the best prices I’ve found have been on eBay. Get a unit with at least 3500 watts. Odds are if you look on Craigslist or in your local paper, you can find one used at a reasonable price.
Feel free to share this with family and friends.
Every year in the US, 8000 people are seriously injured by toothpicks!
Hot off the Press…
Solar Aero's bladeless wind turbine
A research company in New Hampshire recently announced the patent of their bladeless wind turbine, which is based on a patent issued to Nikola Tesla in 1913. The Fuller Wind Turbine developed by Solar Aero has only one rotating part, the turbine-drives
An earthship is a sustainable home that is powered by the sun wind.
It is able to process waste and produce food, it has a moderate temperature all year round.
They are built from material that some would consider refuse but will stand up to nature well. Check out the inside scoop at:
…far from impossible that the price of gold could soon go above $5000…it’s regarded as an alternative to paper money….
--New York Times Columnist Martin Hutchinson-May 14
A Wisconsin man wanting a cigarette reached for his lighter but mistakenly grabbed his .25 semi-auto pistol & instead of firing up a smoke, he shot a hole through his hand! See the other story below & you’ll agree we need mandatory gun training in the USA…
Resources for Stockpiling and Disaster Preparation http://www.tbotech.com/cmd.asp?af=1126539
Make Your Own Energy
Step-by-step guide reveals how to
make your own energy for $100 or less. http://tinyurl.com/PMEnergy
Terrific site for resources and green, eco-friendly goods http://www.growandmake.com?ref=71
Don’t Get Caught With Your Pantry Down – the all time best book on family preparedness has been updated & now includes an online video segment as well. Highly recommended 11th Edition. http://tinyurl.com/PMBasics
To Survive the Fall of America
You Must Become More Self-Sufficient
The more self-sufficient and independent you are, the more likely you will survive
Taking the worst-case scenario into account imagine a world where the dollar is worthless — if you can even gain access to your dollar accounts. How are you going to buy gas for your car, food for your table, rent? In this scenario, it will be everyone for themselves, so how are you going to survive?
“It’s not going to be like the 1930s, it’s going to be different. The similarity is going to be a massive drop in the general standard of living, and I call it the Greater Depression.”
The essential, life sustaining things you’ll need:
· A roof over our heads
· Food on the table
· Source of water
· Waste removal
· A source of income or barter
· Health/Medical care
The necessary things we need to be productive:
· Postal/Delivery system
Number one on your agenda should be food and water. Without them, you die. How are you at hunting and fishing? Water can easily be stored if you have the space…do you have a pool or storage drums?
Health and medical issues vary for each individual. If there’s life sustaining medicine you need, make sure you have an abundant supply. Learn how to be your own doctor whenever possible.
A source of income or barter will certainly help you to survive. That means you need to be your own business. You need to be able to supply a skill, a product, or a resource that other people need. If cash no longer is in existence then you can barter your stuff for other people’s stuff. My guess is that the handyman is going to be very successful when things fall apart.
You’ll find idea-starters for small cottage industry style businesses you can start at our BootStrap Biz category on our site. Feel free to send me your ideas or real life experience for such enterprises.
Check out this site: www.survivalblog.com
A cliché come to life. A 19-year old man couldn’t figure out why his gun was jammed. You guessed it, he looked down the barrel to find the source of the problem. He soon discovered the gun worked fine after he shot a hole in his face…and who says stupidity isn’t a contagious disease?
State and local gov't workers' job security fades
For years, most people who worked for state or local governments accepted a fact of life: Their pay wasn't great. The job security was.
Now that's gone, too.
States and municipalities are facing gaping budget gaps. Many have responded by slashing services, raising taxes and, for the first time in decades, making deep job cuts.
And public employees should brace themselves: Some economists say the job cuts could worsen in the second half of the year.
Three Felonies A Day:
How The Feds Target The Innocent
by Harvey A. Silverglate
This is a timely book about the breakdown of the rule of law in the United States.
I got an advance copy & only recently have had time to read it…
Individual freedom and the rule of law is gone in America. Oh, they haven't come for you yet? You haven't broken the law? Well, Harvey Silverglate proves in Three Felonies a Day: How the Feds Target the Innocent that the Feds (U.S. prosecuting attorneys) target the innocent. He says the, "federal prosecutors are abusing their power by using the criminal law to prosecute law abiding citizens..." They are seizing illegal power by twisting marginal and highly questionable interpretations of criminal law. You can find it on eBay and Amazon or at a local bookstore.
Recycle The Whole House
Recycling is expanding from newspapers and bottles to entire houses as foreclosures, tax credits and landfill costs prompt businesses and non-profit organizations to salvage materials from old homes.
According to USA TODAY, stores are springing up to sell used lumber, appliances, cabinetry and flooring.
Habitat for Humanity, a non-profit that builds and rehabs affordable homes, has 550 such retail outlets, called “ReStores.” Mark Andrews, Habitat’s director of U.S. operations, says the number is growing “almost daily.” He expects an additional 100 stores in the next year.
“It’s exploded all over the country” in the past five to seven years, says green building expert David Johnston about the trend toward deconstructing, rather than demolishing, homes.
Owners get a double benefit — a tax credit for donating goods and peace of mind for not dumping into landfills.
Pity the blind, for they cannot see. Pity the deaf, for they cannot hear. But what can you do for the stupid, who will not read, listen, or cannot comprehend. –Unknown
Yet Again with the National ID
Fresh from their defeat in forcing national identity papers on us with REAL ID, the feds are trying once more. Their plea this time isn’t terrorism but immigration—though they’re pretty much the same, according to the State.
Introduced in 2005 to combat the waves of terrorists thronging our shores, REAL ID was supposed to thwart the bad guys by transforming our drivers’ licenses into a national ID card. We’d have submitted this card on demand to government’s agents—as do the victims in totalitarian regimes. Never mind that “almost no empirical research has been undertaken to clearly establish how identity tokens can be used as a means of preventing terrorism,” according to Privacy International, or that “terrorists have traditionally moved across borders using tourist visas,” unless they “are equipped with legitimate identification cards.” The 9/11 hijackers and the Madrid bombers, respectively, provide two recent examples…
The Poor Man has written extensively on the efforts of those in government who wish to force a national ID program on the serfs in this country…see previous bulletins for more.
Double Your Grocery Savings-Parting Ideas from the Poor Man
We’ve found that many supermarkets are willing to double your coupons due to competition. With 10% of a household budget devoted to groceries (I don’t know how large families do it), consumers are more determined than ever to get biggest bag for the buck. To find supermarkets in your area willing to go the extra mile on your behalf, go to: www.grocerycouponguide.com
…Other ways to save. Membership clubs aren’t the only place to buy in bulk. Many supermarkets will offer the same bulk savings to you if you just ask the manager about ‘case pricing.’
That case of green beans can now become a bargain but to stretch the budget and variety, band together with neighbors to form your own buying club and split the cost.
It’s easy to get stuck in a rut when cooking bulk foods. Find new ways to cook while stretching that budget with free sites such as www.SuperCook.com
Enter the ingredients you have on hand and you’ll get links to meals and recipes you can make…pretty darn easy.
For this week…that’s all folks! Be sure to check our OldBookNook site for recent additions to our self-sufficiency collection including Living Off the Grid, The Backyard Blacksmith and others.
Bruce “The Poor Man”
A Shallow Planet Production
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