We’ve pointed out previously that the government is the major unknown variable here. Free market economics are trying to force equilibrium by cleaning out bad debt from the system, but governments are doing everything they can to keep this from happening.

It is now becoming evident that in addition to the economic, ecological and environmental impact, we may very well have a food and water security issue resulting from the BP oil rig explosion.

Forget the Arizona court battle. It looks like the White House administration has found a new way to approach the problem of States’ rights – by completely circumventing Congress and due process.

Independent investigations should be carried out starting immediately. This is the largest environmental disaster in US history. Investigators should be looking at everyone, including BP, the regulators, White House personnel, and Congress.

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.