According the Meredith Whitney, who blew the doors on this crisis wide open win 2007, there is do doubt that things are about to get much worse.

On June 10, 2010 President Barrack signed a new executive order that may very well change your life, at least that seems to be the directive in the new EO titled “Establishing the National Prevention, Health Promotion, and Public Health Council.”

Imagine what may happen in a down-grid disaster scenario.

With a complete loss in the Gulf coast tourism industry we can reasonably expect rental properties to get absolutely hammered.

With no casing it’s an open hole and the only way we’ll ever put it out is by detonating something that will fuse the rock right above the oil column into glass.

Be assured that behind this women stand tens of millions of Americans who have absolutely no clue as to what is happening to their country, nor do they care to know.

Food commodity prices will increase more than previously expected in the next decade because of rising energy prices and developing countries’ rapid growth, two leading organisations said yesterday, worsening the outlook for global food security.

BP, and especially our government, do not want us to know how bad this really is.

In public, most Federal Reserve governors, including the chairman himself, insist that the economy is well on its way to recovery. Behind closed doors, however, the Fed is already debating strategies for what to do if the economy begins to slide.

The adage “if you’re not doing anything wrong, then you have nothing to worry about” should apply not just to citizen proles, but government officials as well, especially if those officials control the destiny of other individuals.

What do you get when you mix a hurricane with an oil spill? How about the potential for a stronger hurricane, higher hurricane winds, toxic rain, and oil infused storm surges.

Dean Blanchard, aka the Lousiana Shrimp King, is losing millions of dollars because of the oil leak, and he has some sharp words for BP’s CEO Tony Hayward.

David Levy says that the only way to manage the current deflationary crisis in the private sector is to increase deficit spending on the government level.