Life After the Oil Crash

Deal With Reality or Reality Will Deal With You

















Breaking News: Thursday November 5th, 2009

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Editor's Note: Wall Street Journal Runs a Highly Favorable Article on Mike Ruppert, former editor of From the Wilderness

I never thought I'd see this day. The Wall Street Journal is running a highly favorable article on Mike Ruppert and the new documentary Collapse in today's issue. An excerpt:



















Now is the time to invest in micro-solar equipment:





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Mr. Ruppert, 58 years old, has since moved on to what he believes are more pressing matters: oil and energy. ("I walked away from 9/11 five years ago," he says. "I have nothing to do with the 9/11 truth movement.") He has a new self-published book, "A Presidential Energy Policy: Twenty-five Points Addressing the Siamese Twins of Energy and Money," and a critically acclaimed new movie, "Collapse," in which he is the sole star and commentator.

Directed by documentarian Chris Smith ("American Movie"), the film consists mostly of Mr. Ruppert speaking about the dangers of peak oil and the looming catastrophe that declining oil reserves could bring. The film opens Nov. 6 in New York and on the new video-on-demand channel FilmBuff.

"The power of 'Collapse' is that Ruppert ... never sounds like a crackpot," Entertainment Weekly critic Owen Gleiberman wrote after the movie's Toronto International Film Festival premiere in September. "You may want to dispute him, but more than that you'll want to hear him, because what he say s— right or wrong, prophecy or paranoia — takes up residence in your mind."

But as with "Fog of War," the Oscar-winning documentary about former Secretary of Defense Robert S. McNamara, Mr. Ruppert comes across in the film as both authoritative and dubious, leaving the audience open to make its own judgment of the man and his ideas. The Wall Street Journal sat down with Mr. Ruppert to discuss oil, Wall Street and the "imminent collapse of human industrialized civilization." Source
Included is a pretty good photograph of Mike, which tells you the journal is trying to portray him as worth taking seriously. (When it comes to these articles, the photographs are as important as the "tone" of the article).  If the WSJ wanted to make him appear uncredible, they would have photographed him red faced and looking crazed instead of in a suit, surrounded by book shelves, looking calm.

We have a discussion of the WSJ article going on at the LATOC Forum.

Today's Financial Collapse News:

Associated Press: Half of U.S. Children on Food Stamps at Some Point

My Budget 360: Food Stamp Production Has Gone Through the Roof

Associated Press: Treasury Expected to Hit Debt Ceiling Next Month

Seeking Alpha: Property Values Set to Fall Another 43% From Here

Bloomberg: Wall Street Bankers Cry "Feed Us or the World Will End"

Charles Smith: U.S. Government Transfers 22% of Disposable Income

Gold, Silver, Precious Metals:

Minyanville: Why Gold Prices Could Triple (to Over $3,000) from Here

Bloomberg: Gold at $1,350 and Oil at $100 Within the Next 6 Months

Most Important Articles from Yesterday's Update:

Joe Bageant: "The American culture of produce or die is killing us . . ."

Paul Craig Roberts: "U.S. quickly approaching failed state status . . ."

Mike Whitney: "Bloated American financial system still flat on its back"

Articles from the last few months worth a second look:

Financial Times: "$2,700 billion has simply vanished into thin air . . ."

Fortune: "Your share of the U.S. debt load will be over $155,000 . . . "

Associated Press: "There are now almost 6.3 applicants for every job"

"Are you looking for deep discounts, huge selection, and free shipping on your economic collapse preps?"