Sunday, September 7, 2008

Fannnie May and Freddie Mac nationalized

http://money.cnn.com/2008/09/07/news/companies/fannie_freddie/?postversion=2008090716

I'll let the article speak for itself but in short

1) Don't Panic
2) Watch your 401k and investments tomorrow and throughout the week. Read your terms and conditions because many of them will sell at the closing price the NEXT DAY when you enact a trade. In that case it is better to hold
3) Money markets are typically stable places that you can usually move money into
4) This is typically a good time to sell short.

If you had fannie/freddie stock, both the common stock and the preferred stock has been eliminated (it's now just paper).

Please review your finances with care if you can, and do things with wisdom and order.

Water buckets are in

We've received our order of 283 buckets and 78 spigots. So far we've distributed over 150 buckets.

If you haven't received yours, please stop by my house and pick them up.

Thank you!

Flier posted to the water containers

Some of you expressed interest in having the flier posted to the water containers.

Posted in its entirety below:
Using Water Storage
Each person needs minimum 1 gallon of water per day. Additional water may be wanted for washing & sanitary purposes
14 gallons = two week supply for one person

NO BLEACH: Replace water every year

BLEACH: Use bleach as a disinfectant and store for 5 years. Make sure it stands at least 30 minutes before use. Use only plain bleach.
If the water is clear: 8 drops of bleach per gallon
½ teaspoon of bleach per 5 gallons
5 teaspoons of bleach per 50 gallons
If the water is cloudy: 16 drops of bleach per gallon
1 teaspoon of bleach per 5 gallons
10 teaspoons of bleach per 50 gallons

BOILING: DO NOT HEAT THESE CONTAINERS. If you choose to boil water, use another container and boil 5-10 minutes.

TO SANITIZE OR DISINFECT
To sanitize containers and utensils, mix 1 tablespoon Regular Clorox Bleach with one gallon of water. Wash items with soapy water. Rinse. Soak in disinfecting solution for 2 minutes. Drain and air dry.

Clean water is of utmost importance in a crisis. It prevents and minimizes life-threatening illness in times of trouble.