Life After the Oil Crash

Deal With Reality or Reality Will Deal With You

















Breaking News: Friday November 13th, 2009

***Subscribe to the Free LATOC Breaking News Email List***

War on the Middle Class:

NY Times: Proportion of Long Term Unemployed Highest Since 1930s

Asia Times: "Big media covering up massacre of family businesses"

My Budget 360: "Lining up for food at Wal Mart the new norm in U.S."

My Budget 360: "Work with your hands? The bailout is screwing you"

Financial Times: U.S. States Freeing Prisoners to Cut Budget Deficits

NY Times: Junior Colleges Swamped, No Longer Accepting Everybody

Financial Collapse:

Zero Hedge: Bernanke Killing the Dollar to Save the "Too Big to Fails"

Bloomberg: U.S. Trade Deficit Increased in 09/09 by Most Since 1999

NY Times: As Shipping Slows, Banks and Carriers Fear Loan Defaults

NY Times: "Obama shocked by stunningly poor management of GM"

Real Estate Collapse:

Baltimore Sun: City's Subprime Pain Stands in for U.S. in Documentary

Conta Costa Times: Wildlife Now Returning to Abandoned Subdivisions

Arizona Central: Empty Rentals Increasingly Damaged by Vandalism

My Budget 360: $4.2 Trillion Has Been Lost in Residential Real Estate

Financial Times: Wave of Defaults Pose Danger to U.S. Housing Agency

Gold, Silver, Precious Metals:

Market Watch: Savy Investors See Value in "Poor Man's Gold" (Silver)

CNN Money: U.S. Treasury Sitting on World's Biggest Reserve of Gold

London Times: Bank Crisis Means Booming Busines for Gold Smelters

Sprott Asset Management: Momentum of Gold Picking Up Dramatically

Most Important Articles from Yesterday's Update:

UK Guardian: U.S. Government Guilty of Pressuring IEA on Oil Reserves

ASPO USA: IEA Oil Reserves Manipulated Upwards to Avoid Mass Panic

ASPO USA: Oil at $100 This Year Will be as Bad as Oil at $145 Last Year

Articles from the last few months worth a second look:

Jim Kunstler: "Conditions in the U.S. are ripening for a bloodbath . . ."

Mark Ames: "U.S. bankers gambling the middle class into extinction"

The Exiled: "Banks spinning wealth out of nothing but human misery"

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



















LATOC readers bought the following at Amazon:





ccc