It's Monday morning. Time to wake up and snort a huge dose of reality!
LIBOR Scandal: If you don't know much about the LIBOR scandal, here's a must-read... The Libor Scandal In Full Perspective. (Institute for Political Economy)Thanks for listening. Please share your favorite links by any means necessary.
Food Prices: Have you noticed a huge spike in your grocery bill? A global food crisis is nigh. The price of corn hit a record high, not to mention other staples. (Economic Collapse Blog)
Drug War: Here's another instance in which legalization works. Ten Years After Decriminalization, Drug Abuse Down by Half in Portugal... and here's a video What happened when Portugal decided to decriminalize drugs. (Forbes, YouTube)
Global Collapse: Mish has been covering the latest European sovereign debt meltdown in Spain. Here's a couple of articles... Prepare for Spanish Implosion and Full Spanish Bailout Coming Up; New Record High Yields on Spanish Bonds; Misguided Faith in Can-Kicking. (Global Economic Analysis)
Police State: The city of London has been turned into a police state. What is the U.K. prepping for? The Olympics or for a war? By the way, Israel warns the U.K. that Iran could launch a terrorist attack during the Olympics. (Activist Post)
Financial Meltdown: Peter Schiff warns everyone that the impending economic collapse will be worse than 2008. (America First)
Border Wars: Did you know that U.S. Border Patrol will be testing lie detectors at border checkpoints. (The Daily Beast)
Big Brother: Tyranny is not in our future.... it's now. Americans Are Being Prepared For Full Spectrum Tyranny. (New America Now)
Preppers: Our pal Ferfal has some astute advice on surviving a blackout. Be prepared. Blackouts can happen any time...especially in the summer when the grid overloads by people plugging in their air conditioners, but there's a deeper concern over the entire grid going down for extended periods of time. (Surviving Argentina)
UFOs: Just because you can't see them, doesn't mean they don't exist. Invisible UFOs fill the night skies. (Live Science)