Archive for the 'Collapse' Category
Lengthy SWAT Standoff Over Foreclosure Ends in Suicide
October 27th, 2007Freedom, for an increasing number of Americans, means choosing how they’re going to go down. Falling Down, for real… Via: Houston Chronicle: A 12-hour standoff ended this morning with a north Houston man lobbing Molotov cocktails at Houston Police before taking his own life rather than vacate a home he’d lost to foreclosure. James Hahn, […]
Violent Radicalization and Homegrown Terrorism Prevention Act of 2007
October 27th, 2007This is an effort to devise a coherent legislative package that is geared toward counterinsurgency operations inside the United States. But… Why? Americans, in general, are the most docile and gullible people I have ever encountered. They have proven, time and time again, that they are willing and able to swallow any manner of excrement […]
Pandemic Test Undertaken by Financial Services Paints Dire Scenario
October 26th, 2007Mmmm Hmmm. Via: Computerworld: If a pandemic strikes the U.S., it will kill about 1.7 million people, hospitalize 9 million, exhaust antiviral medications and reduce basic food supplies, according to a planning scenario developed by financial service firms preparing for such a catastrophe. This particular disaster occurred only on paper. But those grim numbers are […]
U.S. FEDERAL RESERVE OFFERING EMERGENCY FUNDING TO BRITISH BANKS
October 21st, 2007U.S. Dollar holders: Brace for impact. Via: Telegraph: The Fed’s board of governors wrote to both banks 10 days ago, granting them access to funds for customers “in need of short-term liquidity”. The letter to RBS made particular reference to investors holding mortgage-backed securities – which have been at the centre of the sub-prime crisis. […]
California: Abandoned Real Estate Developments and People Who Bought at the Top
October 21st, 2007Oh man, it’s getting ugly out there.
Miami Real Estate Crash: Properties Sell for Half Price at Auction
October 21st, 2007Trying to catch a falling knife too soon… It’s going to get so much worse.
Zimbabwe’s Millionaires Worth Only $1
October 20th, 2007Via: Times Online: Zimbabwe’s currency has fallen to record levels, with one million Zimbabwean dollars buying a single US dollar (48p) and inflation reaching 8,000 per cent. The bleak data was announced as people in the capital Harare struggled to cope without electricity for the third day. “We closed our business today,†said a woman […]
The First Baby Boomer Collects Social Security
October 16th, 2007Via: ABC News: “I just happened to be the first. The first of many,” Casey-Kirschling said. Today, she reached another milestone — she became the first baby boomer to sign up to receive Social Security payments. “It’s a great feeling to know that after all these years of working and seeing that taken out of […]
Survival Acres Signing Off
October 16th, 2007“Collapse will not be televised, you will not know that it has happened. You will only know that it has happened to you.” —Dmitry Orlov Survival Acres provided the most concentrated doom news of just about any site out there that I was aware of. A one stop shop for your all-scarcity-all-the-time needs. Related: Waiting […]
Another U.S. Bank Fails
October 5th, 2007Note the part about the depositors who became “creditors” to the bank? That’s a pleasant way of saying that clueless elderly people lost any portion of their deposits above the FDIC limit of $100,000. Via: Reuters: Miami Valley Bank, with $86.7 million in assets, became the third failed insured bank this year when Ohio’s industry […]
