The Day the Dollar Died Now Available Free on Scribd

In 2009 the blog Shenandoah put out a serialized story of how a dollar collapse would play out which set the survivalist word on fire. There has always been talk of him writing a book based on the series but that apparently won’t be happening so it’s been re-posted and is available in .pdf format from Scribd. Since he won’t be releasing it as a book please support the author by visiting his blog. This is a must read for anyone wondering how a financial crisis can play out:

The Day the Dollar Died by John Galt

Bank Run in Greece!

From WSJ:

Greek depositors withdrew €700 million ($898 million) from the country’s banks on Monday, fueling fears of a bank run amid the growing political disarray.

With deposits falling, Greek banks become even more dependent on the European Central Bank to meet their funding needs, exposing the central bank to potentially huge losses if Greece leaves the euro area.

Greek President Karolos Papoulias told the country’s political leaders that bank withdrawals plus buy orders received by Greek banks for German bunds totaled some €800 million on Monday, a transcript of his comments said. A central bank official confirmed the figures.

End game. Watch for American banks with derivative exposure to be hit hard. Then all hell will break loose.

Video of College Student Trying to Start a Fight with Cops

Via Zionism’s Survival we have the supposed future of our country throwing a hissy fit with a cop. Notice that this “protest” looks suspiciously similar to a temper tantrum thrown by a 9-year-old.

This is what animates Occupy Wall Street – theatrical childishness by spoiled brats who look down on the rest of us.

Oleg Volk on Riots vs Pogroms

A very interesting read by Oleg Volk on riots, pogroms and why he doesn’t see large scale rioting in America as anywhere near the threat it would be anywhere else. One particular passage struck me and made me think about my own preparations for civil unrest:

From the 1992 LA riots, we know that at least some criminals kept up attacks despite being fired upon with pistols. Being able to observe their victims and overwhelm them with numbers apparently made up for the risk of getting shot. We also know that rifle fire from extended ranges, especially with the shooter being invisible, cause instant retreat. In 1992, people were willing to fire at extended ranges due to the absence of authorities — 50 yards is not a typical self-defense range and most people are conditioned not to fire until backed into a corner and almost at contact distance. Lawful people are also conditioned to perceive individuals rather than groups or mobs as threats, so most would not fire into a hostile group. Putting buckshot with “to whom this may be addressed” dispersion into a group can be very effective but goes counter to the peacetime conditioning. The number of conversations with 911 dispatchers where people in dire and immediate danger keep asking for permission to fire suggests that the main factor preventing massive casualties to rioters is the lack of the will, not the lack of firepower. That will is notably bolstered whenever a riot affects residential areas rather than business districts. A store may be abandoned, but a home with a family within is likely to be defended to the last.

I admit I’m a scattergun guy, and an eccentric one at that with my Stoeger Coach gun and pistol grip Mossberg Cruiser in 20 ga and my .45/410 NEF Survivor. Like many Americans I have some basic training in firing a rifle but I just can’t justify owning a rifle since I live on a tight budget and don’t do any hunting. I’m also a bit leery over firing at crowds out beyond my property no matter how bad a riot just because post-riot you’re at the mercy of authorities who may stick you in the same prison that people you fired at are in.

Tht said I have been planning on trading in my Mossberg for a multi-barrel gun like the Rossi Pick 4 which comes with both a .243 and .22 lr rifle barrel and his essay is making me want to finalize that plan. It is said Israel has had great success with controlling mobs in the past by using .22 rifles to wound “leaders” within the mob. Unless there was real TEOTWAWKI style unrest I’d be more comfortable trying that then just deciding to plug some rich, liberal’s kid with a .308. I also take issue with the idea that large scale looting can’t happen here because of gun ownership, L.A. had plenty of gun owners during the Rodney King riots.

But read the rest and make up your own minds, Volk makes a lot of good points.