Welcome to 2009… Buckle up

It was a bumpy road getting here, but we’ve finally arrived at 2009. We are 9 years into the 21st century and still no flying cars or silver unitards. Looking down the road at what’s ahead, it looks rather stormy. I’d like to say that we’re past the worst of it, but I think that’s still ahead. If you’ve been following the state of the economy and what’s coming up in the near future, you know that it’s not a rosy picture. But, that’s life! Life is full of challenges and this is no different. The best way to get … Continue reading

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Is Your Bank Next?

Here’s a dirty little secret that you’re not supposed to know about. Your bank may be on the verge of failing. Sure, there are some news stories about it here and there, but you’re not being told the whole truth (you’d think we’d be used to that by now). Go to this link to find a list of Troubled Banks, and see where your bank is listed. Look at the rightmost column; numbers above 100 are in serious trouble and between 50 and 100 are considered vulnerable. The bright spot in this is that most banks, at least for now, … Continue reading

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Change?

Well folks, I guess the word for the next few years is “change”. I’m not exactly clear on what’s specifically meant by “change” but I’m sure we’ll find out once the new administration steps up to the plate.  Anyway, that’s not what this post is about. This is about using the idea of change for ourselves. If you haven’t been networking – change and start networking harder with like minded folks. Neighbours, co-workers, forums, blogs, bulletin boards are all good sources.  Just use your common sense. If you haven’t filled and topped off your basics – change that habit and … Continue reading

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A Reminder to be thankful

This is a little off-topic for us here at The Preparedness Blog but I thought this was an excellent reminder to us all to be thankful for our families, friends, and what we do have.  We can all make a difference to those around us, all we have to do is listen and give kindness to those that need it. MILLERSPORT, Ohio — The Soldiers flanked the casket, solemn and precise, and folded the American flag with a yank-and-flip motion. On one knee, a sergeant presented the flag to a grieving mother. Around them, mourners with red eyes and heaving … Continue reading

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Merry Christmas!

Merry Christmas!  Happy Holidays! to those that don’t celebrate Christmas. This time of year is always a good time to reflect on back on the past year, and to spend some quality time with your family &/or friends. I hope you all have a great holiday season. Make sure to take the time to relax and enjoy yourself this season. There’s much that we need to accomplish in the coming weeks, and a tough year ahead of us next year, but for right now, let your family and friends know how much they mean to you. For me, I’ll be … Continue reading

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A Closer Look Towards Home

Lately, we’ve been focusing on some larger events that are happening now or may happen in the near future. However, we shouldn’t forget about the other “minor” scenarios that can happen. For example, right now in the US, there is a large swath of arctic cold gripping the country and much of the North is getting lots of snow.  We need to keep in mind that there are many smaller things that can occur which can effect us as much as a large event. If your local grocery store is out of food because people panicked and rushed to the store … Continue reading

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Free Money! Free Money! Free Money!

Yup, that’s basically what it is. Free. The Federal Reserve has dropped the Prime Lending rate to 0% – 25%. That’s basically free to borrow money. Not money that you and me can borrow, but banks and other financial institutions. They borrow from the Fed and then loan it to people like us. The Fed raises and lowers rates in order to control the money supply and this lowering is their further attempt to boost the economy. But it’s not working.  Markets are still down, companies are still laying off employees and slashing salaries. Dogs and cats living together. It’s … Continue reading

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Even Worse Than Expected

The jobless claims are worse than expected. Below, I listed some of the companies that I could find that announced lay offs, but that was only a very small part of the overall picture. Things are much worse. New unemployment claims highest in 26 years – MSNBC – “The Labor Department reported Thursday that initial applications for jobless benefits in the week ending Dec. 6 rose to a seasonally adjusted 573,000 from an upwardly revised figure of 515,000 in the previous week.” November’s unemployment figure was 533,000.  So far for December, we’re well above that. – Rob

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(Bad) Sign Of The Times

TREASURY BILL IS TRADING NEGATIVE FOR FIRST TIME EVER For the first time ever, the 3-month Treasury Bill has a negative rate of return: “If you invested $1 million in three-month bills at today’s negative discount rate of 0.01 percent, for a price of 100.002556, at maturity you would receive the par value for a loss of $25.56.” – Bloomberg People are so panicked over the economy, they’re willing to take a small loss on their money, simply to put their money into a safe place. When is the last time you heard of investors scrambling to ‘invest’ in something … Continue reading

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Everyday Food Items You Can Stock Up On Now

As we’ve said before, preparing can be a daunting and sometimes, overwhelming task. They key is to start small and gradually increase our supply of items; and to remain focused so as not to get distracted and completely focus on one area over another. Here is a list of everyday food items that many of us use. These items are relatively inexpensive, take up little space, and can be easily found. These are also items that will be subject inflation and “supply and demand” issues; and if the supply is disrupted, will quickly become scarce. Peanut Butter Rice and Pastas … Continue reading

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