Life After the Oil Crash

Deal With Reality or Reality Will Deal With You

















Breaking News: Wednesday March 17th, 2010

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Editor's Note: U.S. Families Turning Vicious, Going Feral on One Another

Dmitry Orlov has published a letter from another Russian now living in the u.S. that I would put in the "must read" category. In short, now that many Americans can not afford to drive anywhere (because of chronic joblessness) are stuck in suburban homes that have morphed into "toxic wombs", the only information from the outside world piped in from Fox News: An excerpt, emphasis mine:

















Section C. Peak Oil and Energy





I feel the pernicious influence of this catastrophe on my own family right here and now . . . You don't have to be a brilliant visionary to realize that in the current situation all these endless suburbs, built on the North American model, are slowly but surely turning into mass graves for the millions of former members of the middle class. My family is turning feral under my very eyes. Lack of resources has forced us to live according to the Soviet model - three generations under one roof. There are six of us, of which only one works, who is, consequently, exasperated and embittered. The rest of the household is gradually going insane from idleness and boredom. The television is never turned off. The female side of the family has been sucked into social networks and associated toys.

Everyone is cultivating their own special psychosis, and periodically turns vicious. In these suburbs, a person without a car is as if without legs, and joblessness does not allow any of us to earn money for gas, and so the house is almost completely isolated from the outside world. The only information that seeps in comes from the lying mass media. And I understand that millions of families throughout America live this way! This is how people turn into "teabaggers," while their children join street gangs. Click Here for the Full Article
When you're done with the article in its entirety, we are having a discussion of it over at the LATOC Forum.

Overseas Financial Collapse:

LibCom.org: Report on Struggles Against Austerity Measures in Greece

The Exiled: Special Patty's Day Report on Ireland's Economic Collapse

UK Telegraph: Moody's Fears "Social Unrest" as AAA Nations Collapse

UK Telegraph: Quarter of British Adults are Out of Work, Figures Show

Zero Hedge: ECB Issues Warning, "Clear Risk of Sovereign Debt Crisis"

U.S. Financial Collapse:

Bloomberg: U.S. and Britian Move Closer to Losing AAA Credit Ratings

BusinessInsider: 14 Facts About the Deficit that will Blow Your Mind

Collapse of U.S. Cities, States:

Bloomberg: Desperate U.S. States Prepare to Tax Anything that Moves

NY Times: New Jersey Governor Proposes Unprecedented Budget Cuts

NY Times: Budgets Deficits Grow as Demand Grows, Tax Revenue Falls

Ithaca Journal: New York Plans Delay Release of Citizens' Tax Refunds

KLAW News: Violent Crime Grips Vallejo Following Cuts to Police Force

Dallas News: Red Tape Complicates Plan to Repair U.S. Postal Service

International Conflict:

The Exiled: Mexican Drug Cartels Crack Down on Raves, Rival Pushers

UK Independent: Nigeria (Supplier of 15% of U.S. Oil) is "Going to Hell"

Crimes, Conspiracies, and High Weirdness:

MSNBC: The Video that Will Put Tim Geithner Behind Bars (Video Part I)

Zero Hedge: Jim Cramer's TheStreet.com Being Investigated by SEC

Computer World: IRS, DOJ Using Social Media to Go After Tax Evaders

Boston Globe: New RFID Technology Tracks You All the Way to Death

ABC News: Malicious Software that Turns Your Cell Phone Against You

Gold, Silver, Precious Metals:

Commodity Online: Gold to Soar to $5,000 an Ounce Once U.S. Defaults

Bloomberg: Gold May Advance to $1,400/oz in 12 Months Says Analyst

Most Important Articles from Yesterday:

SF Chronicle: Meet the Investors who Cashed in on the 2008 Collapse

Wall Street Journal: States Lobby for Money as Stimulus Aid Runs Out

Barron's Online: U.S. States' Budget Deficits are Hurtling to Crisis Point

Best of the LATOC Archives:

Time: Pawn Shops, Loan Sharks Thriving in Hollowed Out U.S. Economy

Charles Hugh Smith: U.S. Citizenry Being Stripmined by Banking Cartel

UK Independent: Citibank Execs Intensify Looting as Losses Mushroom

"Do you think this is some type of freaking game, get your gear and supplies in *now* before it's too late"


Now is the time to invest in micro-solar equipment:





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