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Essential Bug-Out Resources
Essential Bug-Out Resources
Solutions that have proved surprisingly essential during California’s wildfires
In my post yesterday Survival Learnings From A California Fire Evacuee, I promised to share the specific resources that have proved especially valuable during my family’s emergency evacuation due to the Kincade fire. So I’d better get to it…
Gas & Cash
Having now been surprised by two massive fires within the past two years, in both instances, the preparation I was most immediately grateful for — hands down — was having sufficient on-property stores of gasoline and cash.
The moment your community realizes that flight may be necessary, forget going to the gas station. In my area, the lines were 20+ cars deep.
Waiting in those kind of lines (when there’s no guarantee there will be gas left when your turn finally comes) can easily cause you to miss your window of safety. As I mentioned yesterday, my friends who tried to evacuate just 45 minutes after I did eventually had to turn back home because the roads out of town had become hopelessly gridlocked.
So get in the habit of keeping your cars’ fuel tanks topped off, especially during times of seasonal risk (fire season, hurricane season, flood season, etc). Make it a point never to return home with the gauge below half-full.
Also, keep at least a tank’s-worth of gasoline stored on your property. In my case, I have four 5-gallon gas cans. This ensures I can get to safety even if I’ve forgotten to keep the car tank full. And if I’ve remembered, I can throw the cans in the car for an extra 300+ miles of range.
Similarly, once the electricity goes out, the ATMs stop working. Having $500-$3,000 of emergency cash on hand to take with you makes a huge difference.
…click on the above link to read the rest of the article…
David Holmgren: A Baby Boomers’ Apology
David Holmgren: A Baby Boomers’ Apology
There are days, though all too scarce, when very nice surprises come my way. Case in point: yesterday I received a mail from David Holmgren after a long period of radio silence. Australia’s David is one of the fathers of permaculture, along with Bill Mollison, for those few who don’t know him. They first started writing about the concept in the 1970s and never stopped.
Dave calls himself “permaculture co-originator” these days. Hmm. Someone says: “one of the pioneers of modern ecological thinking”. That’s better. No doubt there. These guys taught many many thousands of people how to be self-sufficient. Permaculture is a simple but intricate approach to making sure that the life in your garden or backyard, and thereby your own life, moves towards balance.
My face to face history with David is limited, we spent some time together on two occasions only, I think, in 2012 a day at his home (farm) in Australia and in 2015 -a week- in Penguin, Tasmania at a permaculture conference where the Automatic Earth’s Nicole Foss was one of the key speakers along with Dave. Still, despite the limited time together I see him as a good and dear friend, simply because he’s such a kind and gracious and wise man.
In his mail, David asked if I would publish this article, which he originally posted on his own site just yesterday under the name “The Apology: From Baby Boomers To The Handicapped Generations”. I went for a shorter title (it’s just our format), but of course I will.
Dave has been an avid reader of the Automatic Earth for the past 11 years, we sort of keep his feet on the ground when they’re not planted and soaking in that same ground: “Reading TAE has helped me keep up to date..”
…click on the above link to read the rest of the article…
The Lock Down Has Begun: JP Morgan Restricts ATM Cash Withdrawals
The Lock Down Has Begun: JP Morgan Restricts ATM Cash Withdrawals
Last month All News Pipeline warned that major banks were preparing to tighten the screws on American account holders starting April 1st.
It appears that the lock-down of cash has begun.
Citing criminal activity as a factor, JP Morgan is limiting cash withdrawals at ATM machines.
The bank said there doesn’t appear to be fraud involved. But partly due to heightened regulatory scrutiny, banks are paying more attention to large cash transfers that could be a sign of money laundering or other types of shady activity. Typically, the card-issuing bank sets withdrawal limits, not the bank owning the ATM.
The move by the largest bank in the U.S. doesn’t affect J.P. Morgan Chase’s own customers, whose maximum daily withdrawals are set depending on the client’s account type. The bank has seen high-dollar withdrawals at both new and old ATMs, said bank spokeswoman Patricia Wexler.
J.P. Morgan Chase’s change last month affects roughly 18,000 automated teller machines nationwide and followed an interim step earlier this year limiting noncustomer cash removals at $1,000 per transaction. The earlier move was made as a temporary fix while the bank could make software changes to roll out the more stringent daily limit, Ms. Wexler said.
She added that the bank “felt it was prudent to set withdrawal limits on all of our ATMs” after identifying some large cash withdrawals from noncustomers.
In 2015 we warned readers to divest some of their assets out of bank accounts for this very reason, noting that bank glitches and arbitrary holds would begin to affect more and more depositors. And while the recent move by JP Morgan Chase appears to only affect non-customers, a recent report indicates that the Justice Department has advised bank tellers nationwide to keep any eye out on cash transactions.
…click on the above link to read the rest of the article…
Germany Replacing Bank Cards and Eliminating Cash Withdrawals
Germany Replacing Bank Cards and Eliminating Cash Withdrawals
The game is afoot to eliminate CASH. According to reliable sources, Maestro is seriously under attack. In Germany, Maestro was a multi-national debit card service owned by MasterCard and founded in 1992. Maestro cards obtained from associate banks and can be linked to the cardholder’s current account, or they can be used as prepaid cards. Already we see the cancellation of such cards and the issuing of new debit cards. Why? The new cards cannot be used at an ATM outside of Germany to obtain cash. Any attempt to get cash can only be an advance on a credit card.
Little by little, these people are destroying everything that held the world economy together. Their hunt for spare change for tax purposes is undermining every aspect of civilization. This will NEVER END NICELY for they can only think about their immediate needs with no comprehension of the future they are creating. Indeed, somebody better pray for us, for those in charge truly do not know what they are doing.
We seriously need to hit the Ctrl-Alt-Delete button on government. This is total insanity and we are losing absolutely everything that makes society function.
Once they eliminate CASH, they will have total control over who can buy or sell anything.
The Troika Turns Europe Into A Warzone
The Troika Turns Europe Into A Warzone
So now they do it. Now the IMF comes out with a report that says Greece needs hefty debt restructuring.
Mind you, their numbers are still way off the mark, in the end it’s going to be easily double what they claim. Not even a Yanis Varoufakis haircut will do the trick.
But at least they now have preliminary numbers out. The reason why they have is inevitably linked to the press leak I wrote about earlier this week in Troika Documents Say Greece Needs Huge Debt Relief. If that hadn’t come out, I’m betting they would still not have said a thing.
It’s even been clear for many years to the IMF that debt restructuring for Greece is badly needed, but Lagarde and her troops have come to the Athens talks with an agenda, and stonewalled their own researchers.
Which makes you wonder, why would any economist still want to work at the Fund? What is it about your work being completely ignored by your superiors that tickles your fancy? How about your conscience?
Why go through 5 months of ‘negotiations’ with Greece in which you refuse any and all restructuring, only to come up with a paper that says they desperately need restructuring, mere days after they explicitly say they won’t sign any deal that doesn’t include debt restructuring?
By now I have to start channeling my anger about the whole thing. This is getting beyond stupid. And I did too have an ouzo at the foot of the Acropolis, but I’m not sure whether that channels my anger up or down. The whole shebang is just getting too crazy.
For five whole months the troika refuses to talk debt relief, and mere days after the talks break off they come with this? What then was their intention going into the talks? Certainly not to negotiate, that much is clear, or the IMF would have spoken up a long time ago.
…click on the above link to read the rest of the article…
“Bank Holiday” Preparations Begin In Greece, Lines Form At Athens ATMs
“Bank Holiday” Preparations Begin In Greece, Lines Form At Athens ATMs
The writing has been on the wall for quite sometime.
Deposit flight from Greece’s ailing banking sector has been running north of €500 million per day this week as the threat of capital controls casts a pall over the Greek government’s efforts to reassure the public and head off a terminal bank run.
Sparking a panic has been the most powerful tool at the troika’s disposal to bring PM Alexis Tsipras to the negotiating table and force Syriza to either concede to pension cuts and a VAT hike or risk social and political upheaval in the face of dark ATMs and public protests – we said this first in February and finally even the Greek government realized just what game Europe is playing.
Until now, Greeks had taken the barrage of headlines in stride with a stoic fortitude that would impress Marcus Aurelius but now, it appears as though the ‘institutions’ might have finally broken their spirits.
Earlier today, the ECB agreed to lift the ELA cap by just €1.8 billion, far less than Greek banking officials had requested and probably just barely enough to cover Friday’s withdrawals. And so, as Europe’s “Lehman Weekend” may finally be kicking off, the ATM lines are officially forming as Greeks prepare to be ‘Cyprus’d’ and as the country stares into “template” oblivion.
…click on the above link to read the rest of the article…
Weekend Edition: Literally, Your ATM Won’t Work…
Weekend Edition: Literally, Your ATM Won’t Work…
Editor’s Note: Today, we’re running an urgent warning from Bill. It’s about theviolent monetary shock he sees coming.
This may sound strange… But the catastrophic scenario Bill outlines below is potentially a much bigger threat than even the out-of-control national debt.
Please remember this warning when you go to the ATM to get cash… and there is none.
While we were thinking about what was really going on with today’s strange new money system, a startling thought occurred to us.
Our financial system could take a surprising and catastrophic twist that almost nobody imagines, let alone anticipates.
Do you remember when a lethal tsunami hit the beaches of Southeast Asia, killing thousands of people and causing billions of dollars of damage?
Well, just before the 80-foot wall of water slammed into the coast an odd thing happened: The water disappeared.
The tide went out farther than anyone had ever seen before. Local fishermen headed for high ground immediately. They knew what it meant. But the tourists went out onto the beach looking for shells!
The same thing could happen to the money supply…
There’s Not Enough Physical Money
Here’s how… and why:
It’s almost seems impossible. Hard to imagine. Difficult to understand. But if you look at M2 money supply – which measures coins and notes in circulation as well as bank deposits and money market accounts – America’s money stock amounted to $11.7 trillion as of last month.
But there was just $1.3 trillion of physical currency in circulation – about only half of which is in the US. (Nobody knows for sure.)
What we use as money today is mostly credit. It exists as zeros and ones in electronic bank accounts. We never see it. Touch it. Feel it. Count it out. Or lose it behind seat cushions.
…click on the above link to read the rest of the article…
