Life After the Oil Crash

Deal With Reality or Reality Will Deal With You

















Breaking News: Wednesday July 28th, 2010

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No update today, yesterday's update is below.

Oil Spill Catastrophe:

Wall Street Journal: Storm Tossed Booms Pose New Threat to Coasts

Zero Hedge: Did BP Just Accidentally Tap the Rigel Natural Gas Field?

Financial Collapse:

Gerald Celente: "Let them eat losses" (on the "Too Big To Fail" Banks)

Jim Kunstler: "What is It? It's an accelerating systemic collapse . . ."

Paul Farrel: "Wall Street has a death wish, wants to blow itself up . . ."

Zero Hedge: Local Governments to Cut 500,000 Jobs in 2010 and 2011

UK Telegraph: Axe Falls on Services, Care for Elderly to be Rationed

Reuters: "Glimmers of Improvement" but State Budget Woes Remain

My Budget 360: 20% of All Americans are Social Security Beneficiaries

Washington Post: Systemic Risk Theory Gains Stature in Policy Circles

Wall Street Journal: Course of Economy Hinges on More "Stimulus"

USA Today: Goldman Sachs Reveals Where Bailout Cash Was Stashed

Real Estate Collapse:

Zero Hedge: China's Got Trillions in Unrepayable Construction Loans

Bloomberg: U.S. Apartment Rentals Surge on Rise in Foreclosures

USA Today: More People Moving Because of Evictions, Census Shows

Most Important Articles from Yesterday's Update:

UK Telegraph: London Bankers Preparing for Weimar Hyperinflation

Zero Hedge: Emergency Drug Shortages in Multiple Bankrupt States

NY Times: Cities *Giving Away* Land in Hopes of Gaining Taxpayers

Best of the LATOC Archives:

The Atlantic: Horror of the 2010 CBO Budget Report ("We're Trapped")

Silver Seek: IRA and 401K Theft Being Plotted by the U.S. Government

LATOC Forum: "Underground employment rate has collapsed as well"

"Looking for great prices, fast shipping, and huge selection on your economic collapse preparations?"

















Section C. Peak Oil and Energy






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





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