Life After the Oil Crash

Deal With Reality or Reality Will Deal With You

















Breaking News: Wednesday October 21st, 2009

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

Editor's Note: Tomorrow's Update Will Be Published in the Evening

I've got jury duty tomorrow, hopefully it will only last one day. So tomorrow's update will be up in the evening after I get back. I'll also let you know what time Friday's update will be up as that will depend on how long jury duty lasts. -Matt

War on the Middle Class:

Associated Press: Jobless and Poor Becoming New Normal In America

San Francisco Chronicle: 80% of Recent Graduates Moving Back Home

Wall Street Journal: Private Lending for Higher Ed Has Totally Dried Up

CNN Money: Banking Industry is Taking Taxpayer Money and Running

CNN Money: How U.S. Government Policies are Killing Prudent Savers

Collapse of State and Local Governments:

Associated Press: Forty Three States Report Job Losses in September

Bloomberg: Armageddon in Alabama a Parable for Local Governments

Bloomberg: New York Budget Catastrophe Looming as Holidays Near

Bloomberg: Muni Bonds Getting Savaged on Alabama, California Woes

Financial Collapse News:

Yahoo Finance: Home Prices in America About to Go Down the Crapper

Washington Post: Empty Skyscraper a Monument to Financial Collapse

NY Times: Attorney's Diary Provides a View from Inside the Depression

Crimes, Conspiracies, and High Weirdness:

Bloomberg: Paulson Met Privately With Goldman’s Board During Crisis

San Francisco Chronicle: Big Insider Trading Scandal Hits Silicon Valley

Wired: Are Your Medical Records are Being Sold on the Open Market?

Most Important Articles from Yesterday's Update:

Charles Hugh Smith: Local Governments Now Opening Debtors Prisons

NY Times: Safety Nets for the Rich, Hard Asphalt Splat for Middle Class

Alternet: "Dow at 10,000 while the real economy burns to the ground"

Articles from the last few months worth a second look:

Boston Globe: How Living in the City Hurts Your Psychological Health

NY Times: Nature Therapy Found to be Effective for Children with ADD

Discover Magazine: Enzymes in Soil Found to Fight Depression, Pain

Discussions at the LATOC Forum:

LATOC: Goldman Executive Says People Should Tolerate Their Poverty

LATOC: Will People Turn Attorneys Into Food as the Economy Plunges?

LATOC: Discussion of the FDA's Attack on Armour Thyroid Medication

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



















Great survival and disaster preparedness books:





ccc