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SUBSCRIBE TO TRUTH TO POWER--IT'S FREE
NOTE: Starting August 6, the Daily News section of this site will be discontinued, but old stories will be archived. Daily News stories will be sent to paid subscribers. Watch website for details. |
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WHAT ARE THE REAL IMPLICATIONS OF PEAK OIL IN A CULTURE WHERE COMMON SENSE HAS BEEN SUPPRESSED BY CONSUMERISM?
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130 |
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THE ECONOMIST: 6% U.S. INFLATION IS COMING
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95 |
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DEUTSCHE BANK WRITEDOWNS EXCEED ESTIMATES
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72 |
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ONE IN SEVEN U.S. PUBLIC SCHOOLS CONSIDERING A FOUR-DAY SCHOOL WEEK
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56 |
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BUSH & CO.: LET THE INFRASTRUCTURE ROT MORE SO WE CAN PRIVATIZE IT
My comment: They can do that only as long as the oil lasts.
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CATHERINE AUSTIN FITTS: THE U.S. MILITARY HOLDS UP THE VALUE OF THE U.S. DOLLAR
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52 |
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CONGRESS SHOOTS DOWN SOLAR TAX CREDIT
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CREDIT CRUNCH HITS A CRITICAL MASS
"The credit crunch is not only pervasive, it has now reached critical mass where it will start feeding on itself. The Fed is powerless to stop it." |
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THE GREAT AMERICAN YARD SALE: BIG BANKRUPTCIES ARE PILING
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AMERICANS USING CREDIT CARDS LESS, CREDIT CARD COMPANIES WORRIED
My comment: Paying with cash or a debit card?????? For at least five years, I've been ranting about this and have been called "old fashioned" and "eccentric" for doing so. I no longer need to rant because...well, read the article
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OIL AIMING BACK UP TO $135
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EVEN THE FINANCIAL PRO'S MAY BE STUFFING THEIR MATTRESSES
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AMERICANS ARE NOW FACED WITH AN EXTREME REALITY MAKEOVER
"Every day, we are greeted with fresh evidence of the great American fire sale....it was wrong to think there was something wonderful about watching shows where people got houses for nothing, and then expect them to live happily ever after."
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PRIVATE SECTOR ADDS 9,000 JOBS IN JULY
My comment: Oh, you mean part-time pizza delivery, motel maids, bus boys, and telemarketers?
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U.S. RESTAURANT CHAINS CAN'T PICK UP THE FINAL CHECK--THEY'RE CLOSING LIKE THERE'S NO TOMORROW BECAUSE THERE ISN'T FOR THEM.
My comment: Oh you mean there won't BE restaurants for people to works as wait staff and bus boys? Oops, there goes those 9,000 new jobs!
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HIDDEN TOLL ON EMPLOYMENT--FULL-TIME JOBS CUT TO PART-TIME
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39 |
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HUGE CHUNK SNAPS OFF ARCTIC ICE SHELF
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BANK OF CHINA RIPS PAULSON A NEW ONE
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BUS RIDERSHIP EXPLODES IN THE HINTERLANDS
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OBAMA AND MC CAIN SUCK UP TO THE BANKERS
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24 |
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AIDE OF VIRGINIA SENATOR JIM WEBB FOUND DEAD FROM GUNSHOT WOUND
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160 |
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DHS ON HEIGHTENED TERROR ALERT FOR THE NEXT YEAR???
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108 |
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KARL SCHWARZ: THE WORLD'S FOREMOST TERRORIST: THE UNITED STATES
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ICSC PREDICTS 144,000 STORES WILL SHUTTER IN 2008
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ONE OUT OF FOUR U.S. BRIDGES CLASSIFIED AS STRUCTURALLY DEFICIENT
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HOME PRICES PLUNGE AT STEEPEST RATE EVER
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CHARLES HUGH SMITH: OVERSUPPLY AND COMPRESSION: HOW THE MEDIAN HOUSE PRICE WILL FALL FROM $215k TO $70K
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NYC FACING $2.3 BILLION SHORTFALL
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NEW YORK GOVERNOR WARNS OF ECONOMIC CRISIS
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FINANCIAL TIMES: THE WORLD CANNOT GROW ITS WAY OUT OF THIS
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BIGGER LOSSES FOR MERRILL ON THE WAY
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BLACKWATER GOT OBAMA'S GIG
See also: http://blogs.telegraph.co.uk/toby_harnden/blog/2008/07/29/blackwater_protected_barack_obama_in_afghanistan
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IMF SEES NO END IN SIGHT FOR WORLD CREDIT CRISIS
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PRESIDENT OF IRAN: THE BIG POWERS ARE GOING DOWN
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EXPATRIATES: GROWING TREND OF LEAVING AMERICA
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HUGE LOSSES FOR JAPAN'S TEPCO ENERGY COMPANY
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BREAKING: HIRED CROOKS AND LIARS--ALASKA SENATOR TED STEVENS INDICTED
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80 |
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BANKS HAMMER THE DOW, S&P
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114 |
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MIKE WHITNEY: BAD NEWS AND BANK RUNS
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BANK FAILURES SO FAR
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MERRILL HAS $5.7 WRITEDOWN, SELLS SHARES
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CHARLES HUGH SMITH: OUR EMPIRE OF DEBT IS COLLAPSING
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DALLAS MORNING NEWS INTERVIEWS KUNSTLER
"I would answer the naysayers by saying, "How do you like The Long Emergency so far – gasoline at $4.25. An onion at $1.50. ..."
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BARBARA EHRENREICH: THE SUICIDE SOLUTION
My comment: In this article Ehrenreich comments on a phenomenon we're going to see increasingly as people unprepared for collapse are devastated by it I highly recommend Kathy McMahon's site "Peak Oil Blues" at: http://www.peakoilblues.com/blog/
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MALLS ARE SO OVER--MANY FORECLOSURES ON THE WAY
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U.S. BRIDGES NEED $140 BILLION IN REPAIRS
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U.S. HEADED FOR RECORD DEFICIT IN 2009
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25 |
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U.S. HEADED FOR HEIGHTENED ALERT TERROR STAGE?
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52 |
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CHALMERS JOHNSON: THE MILITARY INDUSTRIAL COMPLEX--IT'S MUCH LATER THAN YOU THINK
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10 STEPS IN 10 YEARS TO 100% RENEWABLE POWER
My comment: IF we have 10 years???? Where will the money come from in the throes of economic collapse, global famine, and climate change?
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26 |
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THE SYSTEMATIC DESTRUCTION OF VOTING RIGHTS IN AMERICA, PART 1
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HALF-TRILLION U.S. BUDGET DEFICIT FORECAST
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THE LOST AUDIENCE
"What is expected of cultural product in an age when that product is almost totally created by corporations?"
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PREVIEW OF COMING ATTRACTIONS: NO FUNDS TO LEND 40,000 STUDENTS
My comment: I believe that over the next 5 years we are going to see jaw dropping downsizing of colleges and universities except for the very well-heeled and ultimately mass closings of these institutions at a rate we cannot now imagine.
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YOU NEED TO KNOW: WHY OBAMA WANTS TO "REFOCUS" ON AFGHANISTAN
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EXCELLENT: JANE MAYER--A BATTLE FOR THE COUNTRY'S SOUL
Jane Mayer is a staff writer for The New Yorker. This essay is based on her book "The Dark Side: The Inside Story of How the War on Terror Turned into a War on American Ideals", which was published in July by Doubleday. (August 2008)
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COMING TO A STORE NEAR YOU, EVEN HIGHER PRICES
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136 |
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LIKE THE LITTLE SATANS WE ARE
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172 |
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POLICE: RISING FUEL COSTS ARE A MAJOR PUBLIC SAFETY ISSUE
My comment: At what point in collapse will government be unable to protect citizens, put out fires, operate emergency rooms, etc.? Each day makes clearer that we have no government; we are and have been for a very long time, quite simply, on our own. |
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FUNDS FOR HIGHWAYS PLUMMET
My comment: In five years there will probably be no police or fire services, and many roads and bridges will have collapsed or be unusable. This is why those who have already begun implementing strong local economies will fare better than others. |
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DOCUMENTARY "STEALING AMERICA VOTE BY VOTE" RECOMMENDED BY GREG PALAST--INCLUDES SCREENING SCHEDULE
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28 |
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FANNIE MAE BAILOUT: TAXING AMERICA'S POOREST TO HELP AMERICA'S RICHEST
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BAILOUTS ARE TAXATION WITHOUT REPRESENTATION
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22 |
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WHY THE HOUSING BILL WON'T HELP THE HOUSING MARKET
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28 |
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FOOD PANTRIES CAN'T HANDLE THE HUNGER
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32 |
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THE INCREDIBLE SHRINKING DOLLAR
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WHY THIS OIL SHOCK IS DIFFERENT
"And while the cost of crude has surged before, this oil shock is different. There is little prospect that drivers will ever again see gas prices retreat to the levels they enjoyed for much of the last generation."
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HOW HOSPITALS ARE KILLING E.R. PATIENTS FOR PROFIT
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DON'T COUNT ON THE "SAFE AND SOUND" RATINGS OF BANKRATE.COM
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89 |
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WORKING LONG HOURS AND PAYING A PRICE
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114 |
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KUNSTLER: WE'VE CREATED PLACES IN AMERICA THAT AREN'T WORTH CARING ABOUT
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215 |
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U.S. HOUSE PRICES STILL OVERVALUED BY 20%
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35 |
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BANKS BRACE FOR MORE PAIN
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78 |
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FEDERAL REGULATORS CLOSE TWO MORE BANKS
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91 |
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FIRST NATIONAL BANK OF ARIZONA CLOSES DOWN
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88 |
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NAB WILL SHOCK WALL ST.
"The National Australia Bank's decision to write off 90 per cent of its US conduit loans will have dramatic repercussions around the world. Wall Street will be deeply shocked when they understand the repercussions of what NAB has done." |
171 |
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STRUGGLING COLLEGE STUDENTS TURN TO FOOD BANKS
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53 |
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A FREE MARKET FOR FINANCIAL CRIMINALS--WHERE'S THE OUTRAGE?
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44 |
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CONGRESS HELPS BANKS BUT WHAT ABOUT HOMEOWNERS?
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37 |
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ANOTHER PRESIDENTIAL RACE BETWEEN TWO PRO-WAR CANDIDATES
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32 |
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OBAMA WOULD ENDORSE MISSILE STRIKES ON IRAN
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33 |
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HUMAN BEINGS FACE OBLIVION FROM GLOBAL WARMING
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52 |
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TASED UNTIL DEAD: THE EPIDEMIC OF TASER-HAPPY COPS
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37 |
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STEALING AMERICA, VOTE BY VOTE DOCUMENTARY
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87 |
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FORD POSTS $8.7 BILLION LOSSES
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56 |
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JOBLESS CLAIMS RISE ABOVE 400,000
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60 |
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THE U.S. BANKING SYSTEM IS TEETERING ON THE EDGE OF COLLAPSE
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161 |
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MIKE WHITNEY: CRYSTAL BALL GAZING--VISUALIZE THE DOW AT 6000
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150 |
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CREDIT CARDS: THE NEXT FINANCIAL CRISIS
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IT'S ALWAYS DARKEST BEFORE THE DAWN OF AN ECONOMIC DEPRESSION
"The financial system will collapse before 'zero-hour' actually occurs."
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138 |
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2.2 MILLION VACANT HOMES FOR SALE
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FORECLOSURE FILINGS UP 120%
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25 |
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WHAT THE HOUSING BAILOUT IS REALLY ABOUT
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51 |
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THE PENTAGON AND OIL
My comment: OK, let me get this straight. The U.S. military consumes mega-quantities of oil to go get oil to consume more oil to go get oil? Hmmmm.
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35 |
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JOHN PILGER: OBAMA, THE PRINCE OF BAIT AND SWITCH
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37 |
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BLACK AGENDA REPORT: OBAMA WILL MAKE THE WORLD SAFE FOR THE RICH
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IF YOU MUST VOTE, VOTE FOR BLACK, BROWN, GREEN, AND TRUE
My comment: If you think a vote for McKinney is meaningless, check out the news stories on this site about Obama during the past month and then tell me a vote for him will mean anything except support for empire. |
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HOW WALL ST. WRECKED YOUR RETIREMENT
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DOCTORS SWITCH TO CONCIERGE MEDICAL PRACTICES
"The practice typically involves charging an annual fee in exchange for better access, longer appointments, more emphasis on preventive care and other medical perks." |
32 |
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YOU KNOW THE BANKING SYSTEM IS UNSOUND WHEN...
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143 |
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FINANCIAL SPINSTERS ARE AT IT AGAIN--THIS CRISIS IS JUST BEGINNING
"The information presented above should clearly put to rest that the worst is not behind us by any stretch of the imagination."
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159 |
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NEWSWEEK: WHY IT'S WORSE THAN YOU THINK
"For months, economic Pollyannas have looked beyond the dismal headlines and promised a quick recovery in the second half. They're dead wrong."
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165 |
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BOB CHAPMAN: SUPER LOSSES, SUPER LAYOFFS, SUPER BAILOUTS
I have chosen to publish this article because I agree with most of it. I do not agree that Ron Paul is our savior. No political candidate nor party can prevent the collapse of Western civilization, nor do I hope anyone or anything will. |
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THE POWER BEHIND THE THRONE TO BE
"It is hard to sort through the hype and heat of Obamania, but one thing is clear: who’s pulling the strings."
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BARACK OBAMA PROVING HIMSELF TO BE JUST ANOTHER POLITICAL HACK
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43 |
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OBAMA UNDERSCORES HIS COMMITMENT TO U.S. MILITARISM
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27 |
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WILL SOARING TRANSPORT COSTS REVERSE GLOBALIZATION?
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44 |
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NEW YORK TIMES PROFITS DROP 82%
My comment: Perhaps this speaks not only to increase of people getting their news online, but also the hunger people have for real-deal news rather can corporate media yah-yah.
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23 |
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WALL ST. JOURNAL: THE FANNIE MAE GANGSTERS
My comment: Mussolini said that fascism is quite simply the corporate state. This story ends all speculation that we are living in a fascist empire where it is impossible to determine where corporations end and government begins and vice-versa. |
25 |
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CATHERINE AUSTIN FITTS ON ECONOMIC MELTDOWN
Must read: "Financial Orwell Unpacked"
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128 |
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JAMES TURK: THE LAST PLANE ACCOUNT
"The federal government is out of control, spending money it does not have and has no prospect of ever obtaining." |
55 |
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FOOD STAMP USE SOARING IN MASSACHUSETTS--ONE OF THE WEALTHIEST STATES IN AMERICA
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27 |
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MERRILL LYNCH: BRUTAL WINTER FOR UTILITY BILLS COMING
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41 |
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AL GORE'S FANTASY ENERGY CHALLENGE (BASED ENTIRELY ON GROWTH, NOT SHRINKING)
"Sorry, Al, real sacrifices will have to be made if you want to solve the climate and peak oil problems."
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JEREMY SCAHILL: BLACKWATER IS HERE TO STAY
"Despite reports that the company is leaving the mercenary business, Blackwater’s future is secure"
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21 |
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DEAD ZONE IN GULF IS NOW BIGGER THAN EVER
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36 |
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IS AFGHANISTAN A NARCO STATE? DUH?????
See Mike Whitney's article on "Afghanistan, American Drug Colony"
http://www.counterpunch.org/whitney09082004.html
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33 |
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WOMAN SUICIDES OVER FORECLOSURE
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26 |
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ARNOLD TO SLASH THE PAY OF 200,000 STATE WORKERS TO MINIMUM WAGE
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51 |
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NEWSWEEK: SEEING SHADES OF THE GREAT DEPRESSION
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187 |
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DOLLY BECOMES A HURRICANE AND IS HEADING FOR TEXAS
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72 |
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PEAK ENERGY AND WHAT THAT MEANS FOR FOOD
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73 |
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UAL AND US AIR PLUNGE INTO THE WILD RED YONDER
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91 |
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PANIC ON WALL ST. IS BUILDING
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200 |
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JAMES HOWARD KUNSTLER: PRETEND-O-RAMA
"Thus, the credibility of all the authorities in American finance, including the Secretary of the Treasury, Mr. Paulson, the head of the Federal Reserve, Mr. Bernanke, the director of the SEC, Mr. Cox, takes on the aroma of week-old dead carp..." |
101 |
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FRAUD AND THE SUBPRIME BUBBLE, PART 1
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40 |
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ABC HAS OBTAINED A LIST OF TROUBLED BANKS
|
92 |
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WASHINGTON MUTUAL SLAMMED WITH $3.3 BILLION LOSS
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YOU HAVE CONFIDENCE IN THE FDIC? LOOK AT THIS: THEY'RE PART OF THE PROBLEM! THEY'RE CROOKS TOO!!
"It turns out that the U.S. government itself was one of the lenders giving out high-interest, subprime mortgages, some of them predatory, according to government documents filed in federal court." |
38 |
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FINANCE PROFESSOR SAYS FORD AND GM ARE ON THE VERGE OF BANKRUPTCY
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56 |
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CHARLES HUGH SMITH: EXCELLENT SNAPSHOT OF WEALTH INEQUALITY
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73 |
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COST OF A FANNIE & FREDDIE RESCUE: $25 BILLION
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20 |
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HENRY LIU: DEBT CAPITALISM SELF-DESTRUCTS, PART 1
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48 |
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BLACKWATER EXPANDS ITS FLEET OF AIRSHIPS
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24 |
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BLACKWATER TO LEAVE SECURITY BIZ
My comment: If you believe that, I have some wonderful oceanfront property for you in downtown Phoenix.
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28 |
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PAIN FROM THE OIL CRUNCH MAY SOON BE UNIMAGINABLE
|
75 |
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SF GATE: NONE OF US IS PREPARED FOR PEAK OIL
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34 |
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PEAK OIL CRISIS: THE BLACKOUTS SPREAD
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38 |
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CALIFORNIA MUST WAKE UP TO LOOMING FUEL CRISIS
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29 |
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CALIFORNIA'S WATER CRISIS MAY MEAN THE END OF THE STATE AS IT HAS BEEN KNOWN
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32 |
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WE DON'T TORTURE; I REPEAT, WE DO NOT TORTURE
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17 |
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PLACES TO VISIT BEFORE THEY DISAPPEAR
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73 |
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GEORGE MONBIOT: GLOBAL WARMING IS A BRUTAL TRUTH
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36 |
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HALF THE AMAZON RAIN FOREST TO BE LOST BY 2030
My comment: The Amazon rain forest is the "lungs" of the planet. Gee, what do you suppose will happen when earth's lungs are gone? |
27 |
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SHARON ASTYK: EVERYTHING YOU NEED TO KNOW IN ORDER...
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47 |
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PEAK AIR TRAVEL
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42 |
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BREAKING: DOLLY BECOMES A HURRICANE AND IS HEADING FOR TEXAS
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65 |
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TEXAS OIL REFINERIES IN DOLLY'S PATH
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91 |
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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.
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112 |
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CONCERN MOUNTS ABOUT FDIC DEPOSIT FUNDS
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BANK "PROBLEM LIST" IS GROWING
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53 |
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8500 U.S. BANKS: MANY WILL DIE SOON
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ABOUT THOSE 32 COMMERCIAL BANKS AND THRIFTS...
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102 |
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WACHOVIA IN ICU ON LIFE SUPPORT
|
52 |
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WALL ST. REVERSES DIRECTION AND HEADS DOWNWARD AGAIN
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36 |
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AMERICAN EXPRESS HAMMERED
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45 |
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UNPRECEDENTED DEMAND CLEANS OUT MAJOR FOOD STORAGE SUPPLIER
|
86 |
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DUMPSTER DIVING: WHY PAY FOR FOOD?
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32 |
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A LOCALLY GROWN DIET WITH NO FUSS, NO MUSS
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63 |
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FOOD IRRADIATION PLOT: WHY THE FDA WANTS TO STERILIZE FRESH PRODUCE AND TURN LIVE FOODS INTO DEAD FOODS
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54 |
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EXCELLENT ADVICE FROM THE "PEAK SHRINK" ABOUT COLLAPSE PREPARATION
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92 |
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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.
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32 |
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HOMEOWNERS MARCH AGAINST FORECLOSURE
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30 |
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PREVIEW OF COMING ATTRACTIONS: VALLEJO, CALIFORNIA ECONOMICALLY GROUND IN THE DUST
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BILLIONS NEEDED TO REPAIR CANADA'S ELECTRICAL GRID
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30 |
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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." |
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THE DYING NEWSPAPER INDUSTRY--THE INTERNET IS NO SUBSTITUTE
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28 |
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