Archive for April, 2012

1992 L.A. Riots Or: How Californians Learned (Then Forgot) To Stop Worrying And Embrace The Gun

If asked to identify two recent SHTF events on our soil, many of us might probably respond with Hurricane Katrina in 2005 and the 1992 L.A. riots. And yesterday marked twenty years since civil strife gripped the streets of Los Angeles in the wake of the Rodney King verdict.

Now, a lot has been written about the riots in the years since the unrest. But one thing that I’ve found interesting (and funny considering it’s “Kalifornia” that’s being talked about here) was the insatiable demand for firearms by many Los Angeles residents and other Californians that existed during and right after the riots. Timothy Egan wrote in the New York Times back on May 14, 1992:

In the aftermath of the Los Angeles riots, Californians are buying firearms at the highest rate since the state began keeping records 20 years ago, and other states are reporting similar surges in gun sales.

In large part the rush to buy guns in California can be attributed to one of the more frightening messages to come out of the two days of arson, looting and violence in South-Central Los Angeles. That message, that fear, is that the police might not be able to defend people during an outbreak of civil unrest.

(Editor’s note: Italics added for emphasis)

Egan shared the story of a customer waiting in line to purchase a firearm. From the article:

During lunch hour one day this week, customers at B & B Sales in North Hollywood, the biggest gun store in Los Angeles, took numbers and waited in long lines to buy pistols, shotguns, semiautomatic rifles, anything with a lethal kick.

Throughout Los Angeles, people who had never wanted a gun are now anxious to buy one. David Penso, a 20-year-old janitor at a Thrifty Drug Store, recalled watching looters pillage a discount store while the police drove by. “The cops were there,” Mr. Penso said, “but they didn’t do anything. The only way people can be protected in Los Angeles is if they protect themselves with guns.”

(Editor’s note: Italics added for emphasis)

It’s not just law enforcement who might not be able to show up to the SHTF party on time. NPR’s Michel Martin recently spoke to Kee Whan Ha, a Korean-American business owner who organized members of the Koreatown community to protect their stores back during the riots. From their exchange that was published on NPR’s website on April 27:

HA: From Wednesday [April 29, 1992], I don’t see any police patrol car whatsoever. That’s a wide-open area, so it is like Wild West in old days, like there’s nothing there. We are the only one left, so we have to do our own (unintelligible).

MARTIN: Well, you just told us that the security guard at your store was killed. This must have been very traumatic for you. Do you mind telling me how this happened?

HA: The riot people took the next building, put it on fire. Then these people want to come to our store. Then we are shooting each other. Somehow, the people stationed on roof, then their line of fire got my security guard, and he really get blown off. So…

MARTIN: Oh, I’m sorry.

HA: …I was standing a few feet away, so I see that his body has fallen down on the ground, but I was so scared. I – we tried to call the fire department. Please help us. But nobody listen. Then maybe after five or six hours in the evening – it start around the afternoon, about 1:00 or 2:00 p.m. But actual – the fire truck coming about 7:00 o’clock, late evening. So five hours, of course, is sitting between us and them.

MARTIN: Five hours. And so the security guard – you were not even able to evacuate his body, I assume, for five hours.

HA: No, no.

“Crazy L.A. Gun Fight Erupts During Riot”
YouTube Video
(Editor’s note: Not affiliated with

Egan pointed out one more notable thing in his May 1992 piece:

While it may be too soon to tell how the image of Angelenos protecting their stores and homes with raised semiautomatic rifles will alter the gun-control debate in the United States, one thing seems certain: The riots have made gun owners out of people who used to shun guns.

(Editor’s note: Italics added for emphasis)

“The riots have made gun owners out of people who used to shun guns.” So much so that even lifelong gun “control” supporters switched teams. Jonathan Lovitt reported in the May 4, 1992, issue of USA TODAY:

The rush to weapons began almost immediately after the riot’s first vivid images went out over TV.

Shopkeepers said some gun buyers were lifelong gun-control advocates, running to buy an item they thought they’d never need – only to find themselves blocked by gun-control legislation that requires Californians to wait 15 days.

“The customers were angry about the waiting period but they bought the guns anyway,” says Barry Kahn, who owns B&B Sales, one of the region’s largest gun outlets. “These people were different from my usual customers. They were definitely first-time buyers.”

(Editor’s note: Italics added for emphasis)

Too funny.

The 1992 L.A. riots and the quest for firearms for self-defense.

Lest Angelenos and other Californians forget.


Egan, Timothy. “AFTER THE RIOTS; LOS ANGELES RIOTS SPURRING BIG RISE IN SALES OF GUNS.” New York Times. 14 May 1992. ( 30 Apr. 2012.

“Korean Store Owner On Arming Himself For Riots” NPR. 27 Apr. 2012. ( 30 Apr. 2012.

Lovitt, Jonathan T. “Survival for the armed.” USA TODAY. 4 May 1992. ( 30 Apr. 2012.


Tags: , , , , , , , , , , , , , ,

Is Claim That Al-Qaeda ‘Essentially Gone’ Correct?

Like with that Quote For The Week post, there’s been an awful lot of chatter these past few days about the “War on Terror” possibly being over. A lot of it seems to stem from recent statements made by members of the U.S. intelligence community. AP’s Kimberly Dozier wrote on the ABC News website on April 27:

U.S. intelligence officials say almost a year after the Navy SEAL raid that killed Osama bin Laden, al-Qaida is essentially gone, but its affiliates still present a threat to the U.S. homeland.

One official says core al-Qaida’s new leader Ayman al-Zawahri still aspires to hit the U.S., but the threat of a sophisticated, multi-pronged attack has “substantially decreased.” The official was authorized to speak only on condition of anonymity.

Robert Cardillo of the Office of the Director of National Intelligence says an attack by chemical, biological or nuclear weapons by any al-Qaida-related terror group also seems less likely in the coming year.

(Editor’s note: Italics added for emphasis)

Fact? Election-year PR? Woeful underestimation of the terror group’s existing capabilities? I wrote last fall:

While there’s been lots of talk recently about Al-Qaeda’s operational capabilities being severely crippled, one expert on the organization points out they still pose a significant threat. Retired CIA veteran Michael Scheuer, who tracked Osama bin Laden as Chief of the Bin Laden Issue Station (“Alec Station”) from 1996 to 1999 and later as a special advisor to the unit from 2001 to 2004, told Ali Moore of the Australian Broadcasting Corporation in an interview that was broadcast last Friday that:

Well they’re capable of any number of things. They’re certainly capable of car bombs or any of the Hamas-style attacks are something that they’ve been capable of since 9/11 or before. And something they’ve deliberately chosen not to do.

But in the last four or five years we’ve seen during the end of bin Laden’s career, a deliberate effort on the part of Al-Qaeda to recruit U.S. citizen Muslims to begin to try to incite operations within the United States.

Anwar al-Awlaki, Adam Gadahn- who’s known as al-Amriki- a number of other people who are intent on encouraging U.S. citizen-Muslims, English-speaking Muslims, to attack in the United States.

So they have the capability of sending people from abroad, our borders are wide open, and they also have an increasing number of U.S. citizen-Muslims who are willing to take action.

(Editor’s note: Italics added for emphasis)

All I know is this. While I hope our intelligence officials are right, I wouldn’t go parking the P-40’s wingtip-to-wingtip just yet, if you know what I mean.


Dozier, Kimberly. “US Officials: Core Al-Qaida ‘Essentially Gone’” ABC News. 27 Apr. 2012. ( 30 Apr. 2012.


Tags: , , , , , , , , , , , , , , , , , , , , , , , , ,

Quote For The Week

The war on terror is over.

-Unnamed senior State Department official who works on Mideast issues, per Michael Hirsh in an April 23 piece on the website of the weekly Washington insider magazine National Journal


Tags: ,

Zombie Survival Courses Useful For Preparedness Training?

The zombie craze. It’s been big for a while now. And while I personally don’t see myself becoming the victim of a roving band of animated corpses, I still recognize the value in this new-found interest in all-things-zombie. Discussing a recent zombie-themed pandemic drill held at Elmhurst College in the Chicago suburbs, I wrote back on March 8:

Glad to hear the zombie fad is serving a useful purpose, rather than just supplying the Chiller TV channel with an ample amount of low-budget programming.

Two things. First off, I wasn’t knocking Chiller TV. I find the channel to be a blast to watch late at night/early in the morning. Keep in mind, however, that comes from a USA Network “Up All Night” fan from the eighties/nineties.

Second, like with that pandemic drill, incorporating the zombie theme with preparedness training is proving to be popular with the general public. Case in point, this morning I came across a video segment on the Zombie Survival Course located in South Jersey (about 60 minutes outside of Philadelphia).

While the Zombie Survival Course is obviously zombie apocalypse-themed, a quick look at what’s taught reveals its value in preparing for/dealing with other perhaps more-probable SHTF situations. From their website:

A few of the topics that are taught in our courses include:

• Find and create a safe environment and shelter
• Train in self-defense and melee weapons
• Handle and use a crossbow
• Use firearms-handgun, shotgun and rifle (live ammo)
• Stay healthy now and then
• Master the art of leadership
• Collect, prepare and store your supplies
• Acquire transportation (hotwire)
• And much more…

Looking on the Internet I noticed other zombie survival training classes out there these days.

The zombie apocalypse. Not exactly what many would envision TEOTWAWKI will be like. But don’t let that turn you off from training for it, as a number of topics taught could be very useful- especially for those just getting started in prepping/survivalism. And, quite frankly, it sounds like a whole lot of fun as well.


Tags: , , , , , , , ,

Evacuation Plan Uncovered For Chicago Residents Should NATO Summit Get Out Of Control

One more post for local readers before I switch into “doomsday mode” for the next couple of days. It seems an evacuation plan is in place for Chicago residents should next month’s NATO summit require it. Mike Parker wrote on the website of CBS affiliate Channel 2 (Chicago) Wednesday night (hat tip Second City Cop blog):

Is there a secret plan to evacuate some residents of Chicago in the event of major trouble during the NATO summit next month? CBS 2 has uncovered some evidence that there is. It comes from the Milwaukee area branch of the American Red Cross.

CBS 2 News has obtained a copy of a Red Cross e-mail sent to volunteers in the Milwaukee area.

It said the NATO summit “may create unrest or another national security incident. The American Red Cross in southeastern Wisconsin has been asked to place a number of shelters on standby in the event of evacuation of Chicago.”

(Editor’s note: Italics added for emphasis)

According to Parker, the Red Cross chapter spokesperson said the directive came from the City of Chicago and the Secret Service. The veteran reporter added that the City of Chicago’s Office of Emergency Management and Communications said the directive did not come from them, while the Secret Service did not return calls for comment.

Needless to say, a number of downtown Chicago residents are concerned.

With an event like a NATO summit, obviously anything can happen. Some point to this directive as proof the federal government knows the “Windy City” could be in for a lot of trouble. Others claim a “false flag” event is being set up. My biggest concern is not so much of civil disobedience transforming into civil strife, but rather the summit being the target of terrorism. In which case, I’m glad to hear some initiative is being taken in putting together an evacuation plan should it be necessary.


Parker, Mike. “Milwaukee Red Cross Told To Prep For Chicago Evacuation During NATO Summit.” Channel 2 (Chicago). 25 Apr. 2012. ( 27 Apr. 2012.


Tags: , , , , , , , , , , , , , , ,

Peter Schiff: ‘I Think We Have A Real Opportunity Here In The Gold Stocks’

Speaking of gold, last night I watched the April 22, 2012, entry by Peter Schiff, President and Chief Global Strategist of Euro Pacific Capital, on The Schiff Report YouTube video blog. Schiff, who correctly predicted the bursting of the U.S. housing bubble and 2008 economic crisis, talked about a number of things in “Stimulus High Fading, Dollar, Gold, History According to Obama.” But I found his observations about gold stocks- which sure have taken a beating lately- to be most interesting. Schiff, who’s also the CEO of Euro Pacific Precious Metals, told viewers:

All of this optimism about the U.S. economy- even though it’s false- I think has taken a lot of the luster out of gold stocks. In fact, if you look at where gold stocks are, many of the major gold stocks hit 52-week lows this week. But the price of gold didn’t go down at all this week. In fact, it’s still pretty solid. It’s just over $1,600 an ounce. That’s where it was last summer. Of course, when gold got to $1,600 an ounce last summer- it was an all-time record high. Now, it’s the same record, it’s at the same level, it’s a little bit off the highs that it set later on. You know, we got closer to $1,900, $1,850 or so. But, we’re better than $1,600.

But if you look at gold stocks, if you take a look at the index- the New York Stock Exchange gold bugs index, symbol is HUI- that index is off better than 25 percent since last summer. Even though the price of gold hasn’t gone down at all. So you’ve got all of these major gold companies trading at record-low price earnings ratios. In fact, you have all the big players on Wall Street, all the leveraged speculators, are betting on a collapse in the gold price. Why do they think the gold price is going to collapse? Because they’re sure that the U.S. economy is recovering, that the worst is behind us, that there’s therefore no reason to have a safe haven. Maybe they still believe the propaganda from the Fed that there’s no inflation. And so Wall Street is betting on a collapse in gold prices.

I bet they’re wrong. Not only do I think gold prices are not going to collapse- I think they’re going to rise and make new highs. Especially when Wall Street figures out the tenuous nature of this phony recovery and understands that the Fed is going to come to the rescue- now it shouldn’t, but it will- as this recovery falters with more cheap money, more QE. What do they call it? QE3 or something else. It really doesn’t matter, because a rose by any other name smells just as sweet, or in this case, as sour, because I wouldn’t call it a rose- you know what I mean- and it is coming.

So I think that we have a real opportunity here in the gold stocks, because if I’m right, if we don’t get a collapse in the price of gold but we get gold running to new highs, not only does the gold stocks have to rise because gold prices are going up, they have to make up all of the ground that they lost because of an anticipation of a collapse that never occurred.

The rest of the video blog entry is worth watching too.

“Stimulus High Fading, Dollar, Gold, History According to Obama”
YouTube Video

(Editor’s notes: Info added to “Crash Prophets” page; I am not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented herein)


Tags: , , , , ,

Jim Rogers Sees Civil Strife Coming To America

Yesterday, MarketWatch ran a WSJ Live News Hub video in which well-known investor Jim Rogers appeared and talked about a number of topics. The Chairman of Rogers Holdings suspects social unrest of the type seen in Europe will eventually come to our shores:

NEWS HUB: So when we saw pictures in Greece of fire bombings and of stones being thrown and the police in running battles- do you expect to see that here in the U.S.? Maybe down here in New York City.

ROGERS: We saw it in London. We’ve seen it in several countries in Europe in the last year or two. Yes, I expect to see it here too. If you don’t then you should look out the window.

The former investing partner of George Soros predicts inflation in the United States will get worse:

NEWS HUB: So, what do you worry about particularly with inflation? Do you think inflation here in the U.S. is going to get out of control? Do you think the Fed will be unable to control it and keep it under wraps?

ROGERS: Absolutely. They’ve been printing staggering amounts of money. They taken staggering amounts of debt onto their balance sheet- much of it is garbage. The federal government is spending huge amounts of money they don’t have. We have inflation in the U.S.- it’s going to get worse, Simon.

The Singapore-based investor who correctly predicted the commodity bull market that began in 1999 still likes hard assets:

NEWS HUB: Where are you putting your money?

ROGERS: I mainly own raw materials- natural resources- because in times of inflation… Well, let’s put it this way. If the economy gets better, there’s going to be shortages of those raw materials and I’m going to make money. If the economy doesn’t get better Simon, then they’re going to print a lot more money. Mr. Bernanke doesn’t know anything else to do except print money. And throughout history, when governments have debased the currency, you protect yourself by owning real assets. Whether it’s silver, or rice, or whatever it happens to be.

On gold and crude oil, Rogers said he owns both of them. Despite the precious metal’s recent consolidation in price, he said:

I’m not selling my gold by any stretch of the imagination.

And the creator of the Rogers International Commodities Index (RICI) back in 1998 thinks highly of crude oil. From the exchange:

The surprise with oil is going to be how high it stays, and how high it goes. Simon, the International Energy Agency has done a study. The world’s known reserves of oil are in steady decline. We have to find a lot of oil or the price of oil is going to go to unheard of heights.

It’s a great interview. And there’s much more I didn’t touch on, including what Rogers thinks about the upcoming presidential election in November.

“Jim Rogers on Markets, Economy and China”
MarketWatch Video

(Editor’s notes: Info added to “Crash Prophets” page; I am not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented herein)


Tags: , , , , , , ,

Survival And Prosperity
Est. 2010, Chicagoland, USA
Christopher E. Hill, Editor

Successor to
"The Most Hated Blog On Wall Street"
(Memorial Day Weekend 2007-2010)

Happy New Year

and PLEASE VOTE for the blog below:

Thank you very, very much!
Advertising Disclosure here.
Emergency Foods Local vendor (Forest Park, IL). Review coming soon.
Legacy Food Storage Review coming soon
Buy Gold And Silver Coins BGASC reviewed HERE
BulletSafe reviewed HERE
BullionVault reviewed HERE
This project dedicated to St. Jude
Patron Saint of Desperate Situations