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Life After the Oil Crash
Deal With Reality or Reality Will Deal With You
Breaking News: Friday October 16th, 2009
***Subscribe to the Free LATOC Breaking News Email List***
Economic Collapse:
MartinArmstrong: "3 year old with a calculator can see we're screwed"
Yahoo News: FDIC Chief Says Commercial Real Estate Her Top Concern
CNN Money: FDIC Bank Fund Likely in the Red Until at Least Year 2012
Business Week: "If dollar crashes, expect trade wars, bank collapses"
Wall Street Journal: Deficit to Hit $1.4 Trillion as Tax Revenue Plunges
Bloomberg: State Revenue in Collapse as Incomes and Sales Tumble
LATOC: Economic Dirty Bomb Has Gone Off in Sacramento, California
Housing Collapse:
CNN: Last Three Months the Worst Three Months for Foreclosures Ever
Business Insider: Third Quarter 2009 Saw Nearly a Million Foreclosures
Reuters: Even Wealthy Enclaves Getting Hit Hard by Foreclosure Wave
East Bay Express: Wave of Foreclosures Followed by Wave of Violence
War on the Middle Class:
LATOC: Does Your Boss Want You Dead? ("Dead Peasants Insurance")
Seeking Alpha: U.S. Has Actually Been Losing Two Million Jobs a Month
Counterpunch: Bankers Bragging About Their Control of Government
Bloomberg: SEC Hires Goldman Sachs Banker as Chief of Operations
London Times: Goldman Sachs Employees to Receive 46% Pay Raises
The Atlantic: Citizens Preparing Pitchforks for Goldman Sachs Bankers
Naked Capitalism: MSM Financial Reporting is Shameless Propaganda
Peak Oil, Energy and Food Production:
Counterpunch.org: U.S. Dairy Industry Going Straight Down the Tubes
Daily Finance: Sticker Shock at the Supermarket as Food Prices Soar
Raw Story: Pentagon Pays $400 Per Gallon of Gas Used in Afghanistan
From the LATOC Archives:
Business Week: "Less than 10% of citizens will have access to credit"
Washington Post: "This will end with riots in streets or a bloodbath . . ."
LATOC: "Financial and social collapse are turning out to be all too real"
Are you prepared for civil unrest, martial law, and the day the trucks stop rolling to the grocery store?
Now is the time to invest in micro-solar equipment:
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One-Year Supply Available from the Ready Store