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Re: SC72

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July 22, 2008 05:31PM
http://carolynbaker.net/site/component/option,com_weblinks/catid,40/Itemid,30/

Here's some more headlines listed at the Truth To Power website from July 12th to today. Events and trendlines are going from bad to worse, quickly, and this is but a small glimpse of the storm that is coming directly at us.


40
IN YOUR DREAMS: MOST BANKS ARE SAFE, AND SO IS THE FDIC
My comment: This article is pure propaganda. Its intention is to reassure you that your money is safe in a bank, but you need to assume that it isn't and act accordingly. The following stories make that very clear. 54
CONCERN MOUNTS ABOUT FDIC DEPOSIT FUNDS
45
BANK "PROBLEM LIST" IS GROWING
29
8500 U.S. BANKS: MANY WILL DIE SOON
37
ABOUT THOSE 32 COMMERCIAL BANKS AND THRIFTS...
53
WACHOVIA IN ICU ON LIFE SUPPORT
18
WALL ST. REVERSES DIRECTION AND HEADS DOWNWARD AGAIN
14
AMERICAN EXPRESS HAMMERED
19
UNPRECEDENTED DEMAND CLEANS OUT MAJOR FOOD STORAGE SUPPLIER
50
DUMPSTER DIVING: WHY PAY FOR FOOD?
11
A LOCALLY GROWN DIET WITH NO FUSS, NO MUSS
22
FOOD IRRADIATION PLOT: WHY THE FDA WANTS TO STERILIZE FRESH PRODUCE AND TURN LIVE FOODS INTO DEAD FOODS
23
EXCELLENT ADVICE FROM THE "PEAK SHRINK" ABOUT COLLAPSE PREPARATION
42
CHICKEN OR EGG? AS MOTORISTS CUT BACK ON DRIVING AND BUY MORE FUEL EFFICIENT CARS, THE U.S. IS TAKING IN LESS GAS TAX
My comment: This is VERY bad news for America's rotting infrastructure. 8
HOMEOWNERS MARCH AGAINST FORECLOSURE
11
PREVIEW OF COMING ATTRACTIONS: VALLEJO, CALIFORNIA ECONOMICALLY GROUND IN THE DUST
29
BILLIONS NEEDED TO REPAIR CANADA'S ELECTRICAL GRID
9
BIG OIL SPENDS ON SEARCH, SPLURGES ON INVESTORS--WHAT DOES THIS REALLY MEAN?
A Truth To Power reader comments: "That's telling me they aren't really concerned with exploration and know its time to pay back investors and close shop and the goddess help humanity." 7
THE DYING NEWSPAPER INDUSTRY--THE INTERNET IS NO SUBSTITUTE
10
U.S. SPENDS THE MOST FOR HEALTHCARE AND RANKS 42ND IN LIFE EXPECTANCY
3
NEW: SURVIVING ECONOMIC COLLAPSE, PART 1-4
My comment: This 4-part video series is excellent to introduce regular folks to the concept of collapse. It's not technologically sophisticated, but it is factually sound and extremely practical for people who aren't well informed about collapse. 175
BANK OF CHINA MAY HOLD HUGE U.S. DEBT
80
BANK OF AMERICA PROFITS TUMBLE 41%
57
THE GLOBAL ECONOMY IS AT THE POINT OF MAXIMUM DANGER
My comment: Great news in my opinion! May globalism rot in hell and localism rule! 143
STORMS IN THE GULF AND OIL PRICES BACK ON THE RISE
55
OUT ON THE EDGE OF DARKNESS THERE'S A PEACE TRAIN BABY
52
DESTRUCTION BY PARADIGM, HEALING BY PARADIGM
"That Frankenstein is about to fall. This will be a disaster, yet it is also a great opportunity. How are we to respond?" 47
MIKE WHITNEY: THE DEMOCRATS ARE THE REAL PROBLEM
"Obama supporters should take their candidate at his word. What he is proposing is a dramatic escalation and expansion of the war into another sovereign country." Obama represents real change? 38
BARACK OBAMA'S ROAD TO RUIN ECONOMIC POLICIES
23
VERMONT: NEIGHBORS TO HELP NEIGHBORS GET THROUGH THE WINTER
23
SAN FRANCISCO FOOD BANKS STRUGGLE TO KEEP UP WITH THE CRUSH
8
CALIFORNIA INSOLVENT AS ARNOLD'S FINANCIAL WIZARDRY TERMINATES
38
U.S. FOOD GROUPS PLAN HEFTY PRICE RISES
30
JAMES PETRAS: INFLATION AND THE SPECTER OF WORLD REVOLUTION
44
MIDEAST FACING A CHOICE BETWEEN CROPS AND WATER
12
OBAMA'S FOREIGN POLICY STRATEGY REVEALS BRZEZINSKI AT THE HELM
44
BOB CHAPMAN: THE U.S. WILL HIT ITS FINANCIAL BREAKING POINT SOON
188
U.S. TO IRAN: COOPERATE OR FACE CONFRONTATION
50
THE APOCALYPSE MAKES US DUMB--FAULTY ASSUMPTIONS ABOUT IT
77
THE DECLINING VALUE OF A COLLEGE DEGREE
29
OIL DOWN $16 TO $130 BARREL SO EVERYTHING MUST BE GREAT, RIGHT?
36
THE COMING BLACK PLAGUE--THE GLOBAL FAMINE THAT PEAK OIL IS ENABLING
48
U.S. FACES A MASSIVE ELECTRICAL INFRASTRUCTURE CRISIS
90
THE UNRAVELING OF THE SUBURBAN FRINGE
55
THE U.S. FACES A GLOBAL FUNDING CRISIS
"Merrill Lynch has warned that the United States could face a foreign "financing crisis" within months as the full consequences of the Fannie Mae and Freddie Mac mortgage debacle spread through the world." 24
U.S. DOLLAR IN FINAL DESCENT
65
GIVEN A SHOVEL, DIGGING DEEPER INTO DEBT
"Years of spending more than they earn have left a record number of Americans like Ms. McLeod standing at the financial precipice. They have amassed a mountain of debt that grows ever bigger because of high interest rates and fees." 20
COMMERCIAL BANKRUPTCIES SOAR
14
CHENEY'S OFFICE LINKED TO GLOBAL WARMING POLICY SHIFT
11
GREENHOUSE EMISSIONS ARE SOARING
16
MILITARY FAMILIES BEING DEVASTATED BY WAR
14
THEY CALL ME DEBBIE DOWNER IN BALTIMORE
39
IS CHERTOFF HINTING THAT THERE WILL BE CHAOS DURING THE U.S. ELECTIONS?
331
WILLIAM GRIEDER: THIS FINANCIAL CRISIS COULD SHAKE AMERICA TO ITS FOUNDATIONS
My comment: The truth is, this financial crisis, global in scope, is an integral part of the collapse of empire itself. It will not just shake America to its foundations, it is likely to ultimately shatter the foundations of Western civilization. 285
EXCELLENT: ECONOMIC COLLAPSE
Norman Livergood at Hermes Press has done it again. This is an excellent summary in both pictures and facts 419
WACHOVIA RAIDED BY REGULATORS
105
WACHOVIA IMPLICATED IN LAUNDERING DRUG MONEY
My comment: All large banks are involved in laundering drug money. One has to wonder what Wachovia did to bring this down on themselves. Not playing ball with the right people? Skimming off the top? 88
FORBES MAGAZINE: BANKING ON DRUGS
46
MIKE RUPPERT: WALL ST., THE CIA, AND THE GLOBAL DRUG TRADE
101
NARCO DOLLARS FOR BEGINNERS, BY CATHERINE AUSTIN FITTS
55
LIGHTNING STRIKES: GET USED TO CATASTROPHIC WILDFIRES AND WORSE
30
FOOD IS NOW A LUXURY ITEM
55
MERRILL LYNCH HIT BY $9.4 BILLION WRITEDOWN; CITIGROUP HIT BY $2.5 BILLION WRITE DOWN
12
ECONOMIST MAGAZINE: THE END OF ILLUSIONS
"In the end, the turtle at the bottom of the pile is the American taxpayer. 49
YOU OWE $455,000
My comment: Let's not forget FRAUD committed and enabled by both political parties. 19
SHARON ASTYK: WHY WE MUST LOOK AT PEAK OIL EVEN IF IT SEEMS NICER NOT TO
"We’re not doomed - we’re facing very difficult times, and the way we face them will determine whether they are just hard, or disastrous for us." 112
PEAK OIL IS A DONE DEAL
128
PEAK OIL: THE BLACKOUTS SPREAD
146
FBI INVESTIGATING INDYMAC FOR FRAUD
My comment: This will probably feed the delusion that Indymac is just one of the "bad apples" and all other banks are completely safe. Let the depositor beware! 22
"WHO'S NEXT?" LISTS 7 BANKS IN THE DANGER ZONE
My comment: And what about the ones they're not telling you about, and what will be the ripple effect when the dominoes start to fall? 168
JP MORGAN EARNINGS TUMBLE
My comment: And their earnings did pass expectations. Yawn, ho-hum. I'm not impressed. 22
THE GOLDMAN SACHING OF AMERICA
"Real money, gold and silver currencies, were the first victims of central banking in the US. The latest victims are those who are about to be affected by the collapse of the US and global economy." 46
SHOCKER: BOTH PRESIDENTIAL CANDIDATES HAVE TIES TO MORTGAGE GIANTS
My comment: Yes Virginia, that IS what the corporate state is all about. 15
BIG BROTHER IS RECORDING ALL OF OUR CALLS, TEXTS, AND EMAILS
48
MATT SIMMONS AND THE 5 PSYCHOLOGICAL STAGES OF GRIEF
56
INFLATION EATING UP PAYCHECKS
26
HOW BAD WILL IT GET?
110
SHARON ASTYK: FOOD STORAGE ON NO BUDGET
37
DENVER: XCEL CUTS POWER TO 47,000
34
THE COLORADO RIVER DROUGHT--THE SOUTHWEST'S 8TH CONSECUTIVE YEAR OF DROUGHT
29
OH, SO YOU THOUGHT THE GOVERNMENT IS BAILING OUT FREDDIE AND FANNIE? EXCUSE ME, BUT YOU ARE BAILING THEM OUT
11
RECORD STORE CLOSINGS ACROSS THE U.S.
60
COLLAPSE CONTINUES: U.S. FAILS TO MEASURE UP ON "HUMAN INDEX"
"Some Americans are living anywhere from 30 to 50 years behind others when it comes to issues we all care about: health, education and standard of living. " 20
GM CANCELLING RETIREES' HEALTH INSURANCE
29
COMPOSTING: OUR FOOD WASTE MAY BE OUR GREATEST ASSET
20
RIANE EISLER: RIGIDLY MALE DOMINATED SOCIETIES ARE VIOLENT--THE U.S. IS NO DIFFERENT
"The equal valuing of the two halves of humanity -- women and men -- will obviously vastly improve girls' and women's quality of life. But it's also essential if we are to move to a more democratic, peaceful, and sustainable future for us all." 23
MORE HOMEOWNERS TAKING ON BOARDERS
My comment: Another similarity between the collapse of the U.S. and the collapse of the Soviet Union which Dmitry Orlov points out in "Reinventing Collapse" 22
ECO-ANXIETY: A TIME TO GROW UP
"In this Fantasy Land of limitless energy and perpetual growth, one never really has to grow up. 104
ECONOMIC PAIN: A PAYBACK FOR DEBT-FUELED GROWTH
My comment: Speaking of growing up.... 87
PREVIEW OF COMING ATTRACTIONS: PISSED OFF INDYMACK CUSTOMERS OUTSIDE BANK IN ENCINO, CALIFORNIA
76
COPS TO INDYMAC CUSTOMERS: REMAIN CALM OR FACE ARREST
My comment: Translation--Shut up and eat your losses or proceed to a FEMA camp and do not pass "Go" 48
WACHOVIA PREPARES TO FALL
194
FUEL PRICES RISE TO RECORD HIGHS OVERNIGHT!
66
GAS LINES COMING THIS FALL
86
OBAMA'S NATIONAL SECURITY TEAM, "TEEMING" WITH GLOBALISTS
10
ECONOMY SHOWS NEW SIGNS OF DREADED STAGFLATION
19
DOW CLOSES BELOW 11,000
15
GM IN ICU ON LIFE SUPPORT
23
FEARS GROW OF A GLOBAL CREDIT CARD MELTDOWN
42
CHARLES HUGH SMITH: AMERICA'S ADDICTION TO DEBT
"The U.S. debt addiction is now so large that the global financial markets will soon be unable to finance its continuation." 21
MIKE RUPPERT'S 2004 INTERVIEW WITH COLIN CAMPBELL OF ASPO (ASSOCIATION FOR THE STUDY OF PEAK OIL)
Colin Campbell: "Yes, China is in desperate need of imports as its own supply depletes. It has been very thoroughly explored. It will be vying with the U.S. for access to foreign oil. It is already well established in Iraq." 14
DALE ALLEN PFEIFFER, 2002: IS CHINA THE ENDGAME?
32
NAOMI KLEIN: DISASTER CAPITALISM AND CHINA'S ALL-SEEING EYE
34
BANKRUPTCIES LOOM FOR AIRLINES
37
OBAMA VOWS TO ESCALATE AFGHANISTAN--DUH? THAT'S WHERE THE OIL AND DRUGS ARE!!!!!!!!!
15
THE "OFFICIAL" PROBE OF THE TILLMAN MURDER GOES NOWHERE
11
SHARON ASTYK: THINGS I STORE THAT AREN'T FOOD
79
PEAK OIL MOM RELOCATES TO HAVE A SAFER LIFE
46
GET OUT OF ALL CREDIT CARD DEBT NOW!
219
THIS RECESSION COULD EASILY TIP INTO A DEPRESSION
151
WORLD STOCKS PLUMMET ON U.S. WOES
99
WHOLESALE INFLATION SOARS, RETAIL SALES SLUMP
73
WHY FANNIE AND FREDDIE HAVE DOOMED HOUSING PRICES REGARDLESS OF BAILOUTS
111
THE COLLAPSE OF FANNIE AND FREDDIE COULD END THE MORTGAGE MARKET AS WE KNOW IT
30
FANNIE AND FREDDIE COULD TAKE DOWN OTHER MARKETS
17
DANNY SCHECHTER: FREDDIE MAC WHEN ARE YOU COMING BACK?
"Do you want to pay for this catastrophe? 17
YOU AND NO ONE ELSE WILL BAIL OUT FANNIE AND FREDDIE
12
WHAT'S THE DIFFERENCE BETWEEN FANNIE, FREDDIE, AND ENRON? THE ENRON GUYS HAVE BEEN CONVICTED
10
A SAD DAY FOR U.S. TAXPAYERS AND INVESTORS
My comment: Every move being made by the U.S. financial system, Paulson, and Bernanke is burying the United States in a tsunami of debt that spells total economic suicide. 26
INDYMAC'S COLLAPSE WILL WIPE OUT 10% OF FDIC'S FUNDS
18
WHEN THE BANKS TELL YOU THAT YOUR MONEY IS "TOTALLY SAFE", THEY'RE FULL OF CRAP
45
SHARES IN WASHINGTON MUTUAL AND NATIONAL CITY BANK PLUMMET
My comment: As I commented in Sunday's news (July 13) a domino effect of bank failures has probably been set in motion. 18
10 REASONS WHY YOUR ECONOMIC PAIN ISN'T MENTAL
30
DOLLAR AT RECORD LOW AGAINST EURO, STOCKS FALL--GOT GOLD?
20
GOLD GAINS TO 4 MONTH HIGH
24
THE AFGHAN OIL PIPELINE YOU DIDN'T KNOW ABOUT
My comment: That would be the one that Unocal had stopped working on for awhile before 9/11. Shortly after U.S. troops invaded Afghanistan, it came back online. Check out where it is--near all the "Stan" countries where oil abounds. 21
PLANET EARTH BURNS, MANKIND PAYS FOR ITS ECOLOGICAL SINS WHILE LEADERS DITHER
"If we continue to do exactly what we are doing, with no growth in the human population or the world economy, greenhouse- gases in the air would reach a concentration level so high it would make the world too hot to live in during the second half of 19
METALS THEFT COULD IMPEDE THE CONSTRUCTION AND REPAIR OF RAILROADS
My comment: Huh? You mean people are stealing metal so broadly and boldly that we can't build railroads or repair old ones? Yup, as Dmitry Orlov predicts, anything that isn't nailed down will be stolen as collapse deepens. 20
FEWER COPS, MORE POTHOLES--AMERICA'S INFRASTRUCTURE CONTINUES TO ROT WITH NO MONEY TO FIX IT
20
U.K. BRACED FOR U.S. BANKING BACKLASH
118
ANALYSTS SAY MORE U.S. BANKS WILL FAIL
92
BUSH TO ASK CONGRESS (TRANSLATION: YOU AND ME) FOR A HUGE FANNIE AND FREDDIE BAILOUT--A $5 TRILLION NIGHTMARE
89
THE BILLS, ON SO MANY LEVELS, ARE COMING DUE--AND IT SPELLS NOTHING BUT PAIN
194
THE FANNIE AND FREDDIE BAILOUT: SOCIALISM FOR THE RICH
97
THE BIGGEST TRANSFER OF WEALTH IN HISTORY
89
OUR CRY FOR CHEAP OIL IS CRUDE AND DEADLY
This story reveals the human suffering inflicted on people who already have nothing by the West's demand for cheap and abundant oil in order to continue its way of life. 34
AFRICA: THE NEXT VICTIM IN OUR QUEST FOR CHEAP OIL
23
OIL PRODUCING NATIONS TIGHTEN THEIR GRIP ON THE U.S.
43
FARMS NOT ARMS: RECRUITING WAR VETERANS TO BECOME LOCAL FARMERS
21
JASON MILLER--MURDERING GOD: OF SHOTGUNS, AMERICAN CAPITALISM, AND MORAL EXPEDIENCY
37
APPALLING AND TRAGIC: EPA DECIDES THE VALUE OF AMERICAN LIFE HAS DROPPED
My comment: It's simple: The less a life is valued in dollars and cents, the less regulation is needed. Giving a dollar figure to human or other life? It's obvious that the entire earth community is worth crap to empire. 65
THE FALL OF INDYMAC--THIS IS PROBABLY JUST THE BEGINNING
As I've been saying, think about where your great grandmother used to put her money. Think under the mattress and buried in the back yard in a coffee can and other "ridiculous" places like that. Are those places any more "ridiculous" or "unsafe"? 116
DEJA VU GREAT DEPRESSION: BANKERS IN U.K. HAVING NERVOUS BREAKDOWNS USE SECRET DOCS AND NURSES TO AVOID STIGMA
My comment: Yup, instead of jumping out of windows and putting shotguns in their mouths like they did in the 1930s, they're seeing shrinks and going to cushy mental hospitals on the sly. 112
CATHERINE AUSTIN FITTS: MORTGAGE MARKET MUSINGS
"Think of it. The housing bubble has reached it’s logical conclusion. If you can get enough people to buy a home for no money down, you can buy their country for no money down." 131
THE OIL DRUM: "WHY ARE YOU SO NEGATIVE?"
"So, no, we shouldn't attempt to understand the scope of the problems we face so that we can then understand which set of band-aids to attempt to apply?" 55
OIL PRICES HIT MILITARY BUDGETS HARD
My comment: When people talk about the "next war with Iran", etc., they need to consider that expanded oil wars, which of course will be fought, will have diminishing returns. How much is it going to cost in the price of oil to go get more oil?? U 24
U.S. SOY SUPPLIES THIN, AND PRICES SOAR
25
"CHANGE" WE CAN'T BELIEVE IN: OBAMA VOTED FOR SURVEILLANCE BILL AND LIED ABOUT IT
27
CORAL REEFS FACE EXTINCTION
16
OIL PRODUCTION WILL FALL TO DISASTROUS LEVELS IN THE NEXT 30 YEARS
41
GROWING AWARENESS--GARDENING HAS THE POWER TO TRANSFORM LIVES AND LANDSCAPES
42
U.S. WILL NOT REGULATE GREENHOUSE GASES
So much for the 2008 G8 summit--lots of discussion of global famine over 18 course meals and plenty of hot air about global warming which only widened the hole in the ozone layer. As usual, the most entitled country on earth refuses to regulate itself........
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