Life After the Oil Crash

Deal With Reality or Reality Will Deal With You

















Breaking News: Tuesday December 29th 2009

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Editor's Note: Project Censored's 25 Most Censored Stories Now Posted

Project Censored has posted it's yearly roundup of the year's most censored news stories. For anybody who missed yesterday's update, Jim Kunstler's predictions for 2010 have now been posted:

James Howard Kunstler: My Predictions and Analysis for the Next Year

Speaking of Jim Kunstler: a cartoon courtesy of LATOC Forum moderator Dermot of Jim leading a lumpenprole charge into the Hamptons: "To the Hamptons!"

ABC News is running an article on modern American survivalists.

Late into 2009 and gun sales are still booming. (Source: San Bernardino Sun)

War on the Middle Class (America):

MyBudget360: How Average Americans are Lured Into Debt Servitude

Canadian Press: Decade of Joblessness, Flat Wages Could Lie Ahead

Wall Street Journal: Detroit Forces Business Owners Into Public Unions

Wall Street Journal: Falling Interest Rates to Drive up Pension Costs

Bloomberg: Marijuana Reeking Tour Bus Becomes Property of F.D.I.C.

Ware on the Middle Class (Britain):

London Times: Majority of UK Companies to to Freeze Wages in 2010

UK Independent: Disabled Workers Hit Hard by Recession Budget Cuts

UK Indpendent: Car Use Falls as Society Returning to Medieval Values

Financial Collapse:

Silicon Valley: Derivatives Bubble Over $190K Per Person on the Planet

Business Insider: Baltic Dry Index Has Gone Into Complete Nosedive

MyBudget360: Debt Ceiling Raised to $12.4 Trillion for More Bailouts

IMarket News: Will California Default on Bond in the Upcoming Year?

ABC News: Number of Collapsed Ponzi Schemes Quadrupled in 2009

Globe and Mail: Lessons from the American Housing Collapse of 1926

Most Important Articles from Yesterday:

The Hill: California Government Faces Collapse without Federal Bailout

Mish Shedlock: Arizona Govenor Admits "Unparalleled Financial Crisis"

Daily Herald: U.S. Suburbs Filled with New "Invisible Homeless" Class

Best of the LATOC Archives:

Martin Weiss: Three Government Reports Point to a "Fiscal Doomsday"

UK Guardian: "California close to becoming America's first failed state"

UK Register: Ammo Rationed at Wal Mart as Panic Buying Sweeps U.S.

"Are you looking for deep discounts on your preps?"

















Section C. Peak Oil and Energy







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