Peak Oil: Life After the Oil Crash

Life After the Oil Crash

Deal With Reality or Reality Will Deal With You

Breaking News: Tuesday July 21st, 2009

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Editor's Note: Today's Update, Some Pictures from My Trip

Later today I'll be posting some pics from my trip to the LATOC Forum. Today's update will be sans the excerpts as I'm a bit strapped for time. Please note that LATOC Affiliate The Ready Store is having a 28% off sale that ends today:

28% Off Saratoga Farms Food Sale at LATOC Affiliate The Ready Store

Today's Financial Collapse News:

Philadelphia.com: City of Philadelphia Suspends Payment of Contracts

Columbia Journalism Review: Citizens to Rage against Goldman Sachs

Yahoo Finance: Bank Bailout to Cost Every U.S. Citizen Over $80,000

CNN Money: More Americans Facing Destitution as Benefits Run Out

Web of Debt: Four Wall Street Banks Vow to Reject California's IOUs

UK Guardian: BOE Official Says Banking System like South Sea Bubble

New Geography: Public Debt Implosion the Next Huge Financial Crisis

Real Estate Implosion:

CNN Money: Commerical Real Estate Time Bomb Nears Big Detonation

CNN Money: First Half Home Foreclosures Breaking All Time Records

Yahoo Finance: Soaring Unemployment Compounding Foreclsoures

Bank Walkaways from Foreclosures an Increasing & Troubling Trend

Herald Tribune: Gulf Coast Faces Half-a-Billion in Mortgage Defaults

Wall Street Journal: Morgan Stanley's $555 Billion Mortgage Albatross

Wall Street Journal: Owning a HOme Not a "Get Rich Quick Scheme"

Most Important Articles from Yesterday's Upate:

UK Independent: U.S. Was Nearing Total Breakdown During Fall 2008

Bloomberg: U.S. Taxpayers on Hook for $24 Trillion in Bailout Costs

Kunstler: U.S. Economy, Dependent on Rackets, Now Near its Death

High-quality Mountain House Freeze Dried Food Units Available at LATOC Affiliate The Ready Store:

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