Red Pill: Libor Scandal in Perspective, Spain Bailout, Record Prices for Corn, London Police State, Invisible UFOs and Prepping for Blackouts

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)

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)

Thanks for listening. Please share your favorite links by any means necessary.