Life After the Oil Crash

Deal With Reality or Reality Will Deal With You

















Breaking News: Friday September 11th, 2009

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War on the Middle Class:

UK Telegraph: Children in Modern Britain Living like "Times of Dickens"

Wall Street Journal: Recession Takes Major Toll on U.S. Living Standard

Washington Post: Millions More Americans Plunge Into Poverty Status

Detroit News: City Homicide Rate Soars as Police Budget Eviscerated

CNN: Insiders Sell Like There's No Tomorrow as Citizenry Dies on Vine

Time: An Examination of How a Single Layoff Ripples Through a Town

National and International Financial Collapse:

UK Telegraph: Britain's Debt Load Likely to Explode Past 180% of GDP

CNBC: "No bank underwrote a loan thinking things would get this bad"

NPR: Loan Defaults Sending Bank Balance Sheets to the Wood Chipper

Wall Street Journal: Banks Face Loss of FDIC Debt Issuance Guarantee

Bloomberg: Harvard, Yale Endowments Down 30% in Only One Year

Reuters: Defaults on Junk Bonds at Worst Rate Since Great Depression

Home Mortgage Market Collapse:

McClatchy: As Owners Leave Foreclosed Houses, Squatters Move In

Minanyville: Americans Back from Vacation to Find Padlocks on Doors

Most Important Articles From Yesterday's (Thursday's) Update:

UK Telegraph: Deflation Spreading from Core Economies like a Wildfire

Wall Street Journal: Recession Even Shrinking Incomes of Elite Earners

MyBudget360: Unemployment Rate for College Grads Hits New Record

Best of the LATOC Archives:

L.A. Times: Keeping the Unemployed Busy is a Means of Social Control

Vanity Fair: Monsanto Dispatches Goon Squads to Intimidate Farmers

Rolling Stone: "U.S. now a gangster state run on gangster economics"

*Civil Unrest Preparedness Sale at the Ready Store*



















Great survival and disaster preparedness books:





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