Keep your eye on Senate bill 510, "The Food Modernization Act." Follow it here.
Funny thing... This bill came out of committee exactly one year ago, and laid dormant. Now, the Senate is calling for an immediate vote on the bill. Why is this?
Here's a thought: Americans who have guns are probably not ready and willing to give up their guns. Perhaps they would, however, be willing to trade their guns for food. If the government controls all aspects of food production, distribution, and sale, then the government will have the ability to cut off food supplies, hoping folks will give up their guns. Does this sound crazy?
Americans without guns would not be able to organize a well-formed militia.
Thursday, November 18, 2010
Thursday, November 4, 2010
I'm Not the Only One
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Fasten your seatbelts!
From the "Fasten Your Seatbelts" article:
Fasten your seatbelts!
From the "Fasten Your Seatbelts" article:
A comparison of a number of major commodities, their prices today versus a year ago is as follows: (http://money.cnn.com/data/commodities/)
Nov 2010 Nov 2009 Increase
Oil (light crude) $86.43 @ barrel $73.55 17.5%
Corn (Dec Contract) 5.93 @ bushel 3.43 72.3%
Soybeans (Jan Contract) 12.69 9.00 41.0%
Sugar (March Contract) 31.28 15.77 98.3%
Copper 3.91 @ lb 2.89 35.3%
Gold 1,337.60 @ oz 1,081.00 23.7%
Oil (light crude) $86.43 @ barrel $73.55 17.5%
Corn (Dec Contract) 5.93 @ bushel 3.43 72.3%
Soybeans (Jan Contract) 12.69 9.00 41.0%
Sugar (March Contract) 31.28 15.77 98.3%
Copper 3.91 @ lb 2.89 35.3%
Gold 1,337.60 @ oz 1,081.00 23.7%
Look at the Wall
Many of us are too often preoccupied with solving the problems of life, or working toward achieving a dream. Others, are preoccupied with trivial, time wasting stuff. How many times have I, and you, seen people playing with their cell phones? They are unable to view the device as a communications tool, and see it more like a pastime or worthwhile activity. Once again, I don't get it.
Another $600,000,000,000 will be injected into our money supply in the coming months. What you will see happen, as has been happening, is the stock market will bubble up into another profit frenzy while the price of commodities (they stuff people need and use for subsistence) will continue to increase.
So why are the prices of commodities increasing? Investors want a place for their money that is safe, but yet offers a worthwhile investment return called interest. Since the value of the dollar is falling due to increased printing of money, the yield, or interest paid to investors, of U.S. treasuries (bonds) remains low, and quite frankly, riskier by the day. Taking all this into consideration, investors are selling their treasuries and buying commodities. With increased commodity buying, their prices go up. When commodities go up, we all pay more for food. By the way, food and energy are not included in the government's inflation calculations. This is why we are fooled into believing that inflation remains low. Food inflation is actually running over 6% at this moment, and projected to hit 10% by Spring.
Here are some 3-year charts that show how the prices of commodities have been rising. It takes about three months for these price changes to reach the super markets. Stock up now, because food will cost more, a lot more, and soon.
As you can see, the prices of commodities are approaching, or have surpassed the prices we experienced during the real estate bubble, when stock investors were riding the profit gravy train. The latest round of injecting new money (read debt here) aids big banks and those who play the stock market. It will not create jobs or increase the sales price of your home.
What you and I will see, is the price of imported goods, like those sold at China-mart, will continue to increase, and commodities will continue to increase. We will begin to buy less, and more people will loose their jobs because companies will scale back. This financial death spiral has already begun.
People who use the Dow Jones index to measure our economy's strength are fools. The things you need to watch are the actual jobless rate, which is around 18%, and the price of commodities. Someday not too far off, a $1 bill will be as useless as a penny, and your wallet will contain nothing but $50's and $100's.
Michael Carroll N4MC
Another $600,000,000,000 will be injected into our money supply in the coming months. What you will see happen, as has been happening, is the stock market will bubble up into another profit frenzy while the price of commodities (they stuff people need and use for subsistence) will continue to increase.
So why are the prices of commodities increasing? Investors want a place for their money that is safe, but yet offers a worthwhile investment return called interest. Since the value of the dollar is falling due to increased printing of money, the yield, or interest paid to investors, of U.S. treasuries (bonds) remains low, and quite frankly, riskier by the day. Taking all this into consideration, investors are selling their treasuries and buying commodities. With increased commodity buying, their prices go up. When commodities go up, we all pay more for food. By the way, food and energy are not included in the government's inflation calculations. This is why we are fooled into believing that inflation remains low. Food inflation is actually running over 6% at this moment, and projected to hit 10% by Spring.
Here are some 3-year charts that show how the prices of commodities have been rising. It takes about three months for these price changes to reach the super markets. Stock up now, because food will cost more, a lot more, and soon.
As you can see, the prices of commodities are approaching, or have surpassed the prices we experienced during the real estate bubble, when stock investors were riding the profit gravy train. The latest round of injecting new money (read debt here) aids big banks and those who play the stock market. It will not create jobs or increase the sales price of your home.
What you and I will see, is the price of imported goods, like those sold at China-mart, will continue to increase, and commodities will continue to increase. We will begin to buy less, and more people will loose their jobs because companies will scale back. This financial death spiral has already begun.
People who use the Dow Jones index to measure our economy's strength are fools. The things you need to watch are the actual jobless rate, which is around 18%, and the price of commodities. Someday not too far off, a $1 bill will be as useless as a penny, and your wallet will contain nothing but $50's and $100's.
Michael Carroll N4MC
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