Life After the Oil Crash

Deal With Reality or Reality Will Deal With You

















Breaking News: Tuesday August 4th, 2009

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Editor's Note: Sale on Storable Food at the Ready Store Ends today, Some Associated Press Articles Worth Reading but I can't Link to Them

Today's update will be a bit abbreviated as I have acupressure classes this morning. (Those of you who don't know what I'm talking about, click here.)  First off, jus a reminder that LATOC Affiliate The Ready Store is having a pretty substantial sale on storable food that ends today:

Sale on Year Supply of Freeze Dried Vegetables ***Ends Today***

The Associated Press has published several articles in the last week that would really resonate with LATOCers. Unfortunately, the AP does not want bloggers to even link to their articles sans payment. (I'm not joking, check this article from the the NY Times if you don't believe me). So instead of linking to them directly, I'll link to google searches where the article(s) I want to direct your attention to will come up as the first search result:

Federal tax revenues in biggest plunge since the Great Depression

Postal Service unable to pay bills, may shutter up to 700 branches

New Jersey couple only residents in 32-story South Florida condo

Florida real estate mogul comes crashing down, still in total denial

China's unemployment situation reaching catastrophic proportions

Reuters has a great article about how prescriptions for anti-depressant use in the U.S. doubled between 1996 and 2005. (Source) My guess is the rate has gone up considerably in the last 4 years, and particularly in the last year, as economic and social collapse have taken hold.

The rest of today's most important articles are as follows:

Los Angeles Times: Soaring Gasoline Prices Derail Economic Recovery

Baltimore Journal: As Bank Failures Rise, Survivors Left to Pick up Tab

Daily Finance: Following Bailouts, is AIG on Verge of Collapse Again?

Washington Post: TARP Program Likely to Yield Massive Fiscal Losses

Yahoo: Suppossed "Housing Bottom" is the Mother of All Head Fakes

Reuters: Increasing Number of Americans Face Permanent Job Loss

NY Times: Getting Laid Off Now Signals a Permanent Plunge in Income

NY Times: More Americans Raise Backyard Chickens for Self-Reliance

The most important articles from yesterday's update are as follows:

Kunstler: It's Official, U.S. Now in the Throes of "the Long Emergency"

UK Independent: Will the World Act to Prevent the Coming Oil Crash?

London Times: Banks Swamped by Failed Mortgages, Personal Loans

George Ure: "Why aren't you fleeing paper assets as fast as you can?"

Market Oracle: Why Food Prices Will Likely Rocket in the Coming Years

Sandor Katz: "Road Kill, It's Fresh, It's Organic, It's What's for Dinner!"

Save Big on the Ultimate Year Supply of Freeze Dried Fruit available from LATOC Affiliate The Ready Store:




















I recommend the following books on gardening:





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