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September 19, 2008


>Your cash may lose value or get swallowed up in the bank these days.<

I'd be codswalloped! BoA is busy buying other banks. Wells Fargo is not in trouble. Everybody be calm!

On the other hand, it's certainly true that we may have a major earthquake at any moment, and then we really will be on our own, quite possibly for a week. When there's no power, the ATM ain't gonna work.


On Sharon's blog you mentioned that your son will not eat anything that even resembles raisins. My sister in law, also hates raisins, but she will eat and really likes butter tarts(they are similar to a really small pecan pie but instead of nuts they have raisins). If you would like I can give you a recipe that I have been using for at least 25 years.

Oh, assuredly, do not panic. These measures are largely intended as insurance against some weather or other natural disaster which disrupts food supplies for a time.

My bank comment is in response to people elsewhere who complain that interest rates are going into negative numbers, banks are wobbling, the Fed just changed the rules, and why shouldn't we store our money in the mattress? I say, if you seriously think your money is better off in the mattress, then consider putting some of it into durable goods and food staples which you can use, now and in case of emergency.

Personally I'm not going to buy a whole bunch of weird equipment and MREs that I wouldn't use or eat otherwise. But stocking up on all that emergency equipment recommended by the Red Cross is a good idea. We came home last night to find a neighbor's house completely burned up, with firefighters crawling over the roof amidst klieg lights, hacking at the attic to put out the last smoldering embers. A car on the street had caught fire and the house went up, too.

"Honey, we have to buy emergency ladders for the bedrooms," I said as we pulled into our garage. We and our small sons sleep on the second floor. What if our exit were blocked? And the $100 we'd spent might not gain much interest in our account this year anyway. Invest in equipment we hope never to use - as insurance.

Oh yes, in earthquake country you're supposed to keep a crowbar in the bedroom, too, in case you have to pry yourself out of the house.

In New Orleans, we were advised to have an axe to break through the roof in case of . . . . I had one, and though I evacuated before Katrina, I had brought it out just in case.

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