Socio-Economics History Blog

Socio-Economics & History Commentary

David Icke: Human Race, Get Off Your Knees! The Illuminati Plan For Their Luciferian New World Order!

  • Broadly, the Illuminist plan is :
     
    - Global economic, financial and monetary collapse.
    - Centralization of power by governments.
    - Illuminist bankster One World Currency and Global Central Bank.
    - Bankster takeover and institution of world government.
    - Rejection of new Luciferian hegemony will lead to war.
    - Luciferian New World Order, global police state.
    - other topics: UFO-Alien invasion agenda.

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October 6, 2010 Posted by | Economics, EndTimes, GeoPolitics, Social Trends | , , , , , , , , , , , , , | Comments Off

Iran Also Controlled by Satanists!

Matthew 4:8-10 (New King James Version)
8 Again, the devil took Him up on an exceedingly high mountain, and showed Him all the kingdoms of the world and their glory. 9 And he said to Him, “All these things I will give You if You will fall down and worship me.”
10 Then Jesus said to him, “Away with you,[a] Satan! For it is written, ‘You shall worship the LORD your God, and Him only you shall serve.’[b]

  • The Bible verses above clearly states that the kingdoms and glory of this world belong to Satan. Jesus Christ did not dispute this fact. However, he rebuked the devil and reminded him that we are only to worship God alone. Do you believe these Bible verses? I do and I have shown in this blog that the rulers of this world are closet Satanists. They masquerade as Jews, Muslims, Christians….etc. They hide behind a cloak of seemingly ‘good’ works but their end result is evil. They bow their knees to Satan.
     
  • Christians are easily deceived ! I should know I was one of those deceived. We say that the European crusades of the past were evil and we will never fall for a scam like that. Yet, we have many Christians going to war against Muslim countries on the lies of WMD and 9/11. There were no WMD in Iraq. George W. Bush (Skull and Bones) and his NeoCon administration lied. 9/11 was an inside job done by CIA and Mossad. We attack Afghanistan when no Afghans were involved in 9/11. Just how stupid are Christians? Do not be so easily deceived by the devil. Do not be a useful idiot serving Satan.
     
  • There is no commandment in the Bible that tells me to pick up arms against my fellowmen in a foreign country. The commandment is to preach the Gospel and make disciples. To love God, love my fellowmen and love even my enemies! We fall into the machination of Satan because of our failure to obey the commandment to love!
     
  • The world is ruled by a Satanic cabal. The western Anglo-American-Zionist hegemony is Luciferian. You should have no doubts that key leaders controlling behind the scenes are Satanists. Would Satan give his kingdoms and glory to a Christian, his enemy? We are all being setup for this coming Satanic World War 3: Zionist West vs Muslim World. Both sides are controlled by Satanists. They are just using the Muslim sheeple to kill the Christian/Jewish sheeple and vice versa.
      
    Iran Also Controlled by Satanists
    I live in Iran and have heard Ahmadinejad discussing the need for world order and global governance. I’ve also heard that his handler ayatolah mesbah yazdi is well connected to British secret service.
     
    Quite frankly these people are leading the country to total financial meltdown setting the stage for acquisition of state by world financial elite. The public are told to prepare for shortages and street riots.”

     
    From a Young Iranian (for henrymakow.com)
    From the beginning of the Islamic revolution, key positions such as the judiciary were handed over to Mullahs who had no experience in running the country. Commanders of the military, engineers and doctors who opposed the regime were hanged because they were “enemies of Allah”.
     
    The Islamic revolution of Iran had nothing to do with Islam. Just like any other revolution of recent history ,it was basically aimed at handing power to a few individuals. In the case of Iran’s 1979 revolution, the state was handed over to the Khomeini cult, a Muslim Brotherhood group which has direct links with foreign intelligence agencies.
     
    The true story is that the British instigated the Islamic revolution of  Khomeini. The objective was to control Iran’s energy by weakening it (reduce the Iranians to hunger) and to destroy Iran’s religious and family oriented society. We have evidence that the same group was behind last year’s election fraud and also the harsh crisis management which came after the election that resulted to many deaths, arrests and many newspaper outlets being shut down.
     
    LEADERSHIP
    Ahmadinejad’s internal objective is to hand over power to members of the cult. Multibillion dollar enterprises which were state owned are now owned by the IRGC (i.e. the Revolutionary guards.) Also infrastructural projects, oil  fields, housing projects and many other are awarded to the IRGC. Any opposition such as the green movement or worker strike is handled by the IRGC secret service and the Basij militia. For outsiders Ahmadinejad might pose as a brave leader who dares to deny the holocaust or challenge the events of 911. He enjoys the kind of security that Obama does in New York City and he has the chance to sit down and talk with all major media outlets in the United States.
     
    Meanwhile it’s noteworthy that after returning from UN general assembly, Ahmadinejad was due to address the students of Tehran University but the plan was cancelled unexpectedly. The reason is that the man who enjoys publicity in US does not have the guts to face Iranian students; he simply fears that his presence might spark unrest in the university and destroy all the “achievements” that he gained from his trip to USA.
     
    On that same day Ayatollah Khamenei was due to visit the city of Qom but his trip too was canceled due to his unpopularity amongst top religious figures and their unwillingness to attend his welcoming ceremony.
     
    Meanwhile I am not sure if Ayatollah Khamenei is a member of the cult but we do know that his chief of staff is a member therefore the flow of information to the leader is controlled by IRGC secret service, subsequently his decisions and speeches are against the opposition.  Khamenei supports developments in sciences and technologies that guarantee the survival of the cult regime. Meanwhile he doesn’t favor modernization of the country’s economy and he truly opposes raising people’s living standards. To me he is in line with the British method of controlling the masses through hardship.
     
    INSIDE IRAN
    Iranian people are currently experiencing difficult times and the sad news is that they are told by government officials to prepare for even worse. We’re experiencing high inflation rate and high unemployment. Oil revenue has fallen and the latest round of sanctions on banking and energy sectors has made life very difficult for businesses. For example, in order to meet local demand for fuel, refineries are told to drastically reduce their industrial chemical productions and to refine fuel instead.
     
    Businesses are limited to telegraphic transaction for foreign trade; therefore foreign currency is in high demand resulting to higher prices on good imports. Making matters even worse, the incompetent and inexperienced government of Ahmadinejad is planning to overhaul the economy by increasing taxes on energy.
     
    Iran’s inefficient economy has caused serious social problems for families and especially the younger generation. To name a few of our social problems, we have the world’s highest drug addicts based on a UN report, high divorce and low marital rate, promiscuity of younger generation in schools and universities, rise in abortion and AIDS, increase of crime rate and increased belief in magic and Satanism.
     
    I believe that the main source of these problems is that our society and especially the young generation no longer have faith in values such as family, religion and hard work. The cause is that the cult has taken away our basic rights and is feeding us a version of Islam that has led to the destruction of religion and society. I have no doubt that Satanists are among the religious teachers in Qom since I have heard many true stories of child abuse. Our Mullah social engineers have made the public so confused that they no longer know what is right or wrong and therefore are ready to accept a NWO takeover.

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October 6, 2010 Posted by | GeoPolitics, Social Trends | , , , , , , , , | Comments Off

Welcome Back to the Worldwide Fiat Currency Race to Debase!

  • A global currency crisis is dead ahead. All fiat currencies are heading towards toilet paper status. The smart money is already moving to gold and silver. Gold is real money for 5000+ years. Got gold yet?
     
    Welcome back to the Worldwide Fiat Currency Race to Debase! 
    At the close of third quarter 2010, it is clear for the world to see that all fiat currencies around the globe have been getting their paperback-sides kicked in by true hard monies, silver and gold. To all the paper-bug fiat currency fools out there, we have this to say to you. Scoreboard.  

RACE TO DEBASE

Year 2010

GOLD vs. Fiat Currency

+ 19.9%

       

Quarter 3

SILVER vs. Fiat Currency

+ 29.8%

  • The simple fact is all fiat currencies are submitting to the gold wrecking ball.
      
    Here is a look at how real monies, gold and silver, have performed against 74 various fiat paper currencies thus far in 2010. (click here for silver table)
Fiat Currency vs. One Gold Ounce 1-Jan-10 30-Sep-10 % Gold Gain
Afghanistan Afghanis 53,343 57,162 7.2%
Albania Leke 104,997 132,216 25.9%
Algeria Dinars 78,965 95,891 21.4%
Argentina Pesos 4,171 5,161 23.7%
Australia Dollars 1,223 1,352 10.5%
Bahamas Dollars 1,097 1,303 18.8%
Bahrain Dinars 414 491 18.7%
Bangladesh Taka 75,662 90,340 19.4%
Barbados Dollars 2,195 2,606 18.7%
Bermuda Dollars 1,097 1,303 18.8%
Brazil Reais 1,914 2,212 15.6%
Bulgaria Leva 1,497 1,874 25.2%
CFA BCEAO Francs 502,190 628,614 25.2%
CFA BEAC Francs 502,190 628,614 25.2%
Canada Dollars 1,154 1,342 16.3%
Chile Pesos 556,850 631,042 13.3%
China Yuan Renminbi 7,493 8,722 16.4%
Colombia Pesos 2,244,898 2,347,464 4.6%
Comptoirs Français Francs 91,358 114,358 25.2%
Fiat Currency vs. One Gold Ounce 1-Jan-10 30-Sep-10 % Gold Gain
Costa Rica Colones 618,358 652,479 5.5%
Croatia Kuna 5,594 7,001 25.1%
Czech Republic Koruny 20,134 23,558 17.0%
Denmark Kroner 5,701 7,142 25.3%
Dominican Republic Pesos 39,642 47,760 20.5%
East Caribbean Dollars 2,853 3,499 22.6%
Egypt Pounds 6,018 7,420 23.3%
Estonia Krooni 11,979 14,994 25.2%
Euro 766 958 25.1%
Fiji Dollars 2,116 2,459 16.2%
Hong Kong Dollars 8,509 10,113 18.8%
Hungary Forint 207,032 265,249 28.1%
IMF Special Drawing Rights 700 837 19.6%
Iceland Kronur 136,181 147,371 8.2%
India Rupees 51,147 58,608 14.6%
Indonesia Rupiahs 10,315,100 11,630,461 12.8%
Iran Rials 10,869,251 13,347,991 22.8%
Iraq Dinars 1,265,793 1,524,275 20.4%
Israel New Shekels 4,136 4,754 14.9%
Jamaica Dollars 98,024 112,069 14.3%
Fiat Currency vs. One Gold Ounce 1-Jan-10 30-Sep-10 % Gold Gain
Japan Yen 102,084 108,834 6.6%
Jordan Dinars 779 925 18.7%
Kenya Shillings 83,234 105,293 26.5%
Kuwait Dinars 315 371 17.9%
Lebanon Pounds 1,650,963 1,967,079 19.1%
Malaysia Ringgits 3,758 4,025 7.1%
Mauritius Rupees 33,812 39,224 16.0%
Mexico Pesos 14,371 16,459 14.5%
Morocco Dirhams 8,666 10,744 24.0%
New Zealand Dollars 1,512 1,779 17.6%
Norway Kroner 6,332 7,685 21.4%
Oman Rials 423 502 18.6%
Pakistan Rupees 92,518 112,539 21.6%
Peru Nuevos Soles 3,168 3,635 14.7%
Philippines Pesos 50,741 57,240 12.8%
Poland Zlotych 3,128 3,808 21.7%
Qatar Riyals 3,997 4,744 18.7%
Romania New Lei 3,227 4,091 26.8%
Russia Rubles 33,265 39,881 19.9%
Fiat Currency vs. One Gold Ounce 1-Jan-10 30-Sep-10 % Gold Gain
Saudi Arabia Riyals 4,116 4,887 18.7%
Singapore Dollars 1,542 1,715 11.3%
South Africa Rand 8,108 9,121 12.5%
South Korea Won 1,277,096 1,486,002 16.4%
Sri Lanka Rupees 125,504 145,586 16.0%
Sudan Pounds 2,452 3,092 26.1%
Sweden Kronor 7,848 8,819 12.4%
Switzerland Francs 1,137 1,278 12.4%
Taiwan New Dollars 35,063 40,755 16.2%
Thailand Baht 36,597 39,531 8.0%
Trinidad and Tobago Dollars 6,949 8,301 19.5%
Tunisia Dinars 1,453 1,851 27.4%
Turkey Lira 1,646 1,891 14.9%
United Arab Emirates Dirhams 4,030 4,787 18.8%
United Kingdom Pounds 679 828 22.0%
United States Dollars 1,097 1,303 18.8%
Venezuela Bolivares Fuertes 2,359 5,603 137.5%
Vietnam Dong 20,278,046 25,352,451 25.0%
Zambia Kwacha 5,092,801 6,317,655 24.1%

…. Why do central banks and governments around the world continue to overprint and weaken the values of their respective fiat currencies? Countries need to export their products and trade. By having a weaker currency, a country can more easily sell and trade their products throughout the world. The quandary is not every country can have a weak currency at the same time. Remember, fiat currencies trade in relative terms. Paper currencies are simply valued against one another therefore dollars are always priced in euros, yen, pesos, pounds, and so on. If one fiat currency weakens, one or more of the other fiat currencies strengthens.
 
When nations battle to faster debasement of their respective currency in the hope to bolster export demand (to perhaps maintain an economic status quo) this is what is called competitive debasement. In the 1930’s the term for this was “beggar thy neighbor.”
  
Over the long haul, only money maintains its purchasing power. Gold and silver are money and they are destined to be the world champions of purchasing power. The 74 different fiat paper currencies listed above are not money. They are poor stores of value for they don’t and won’t maintain their purchasing power over the longterm. We forecast that their worth will continue to fall, that their face values will simply purchase less and less as we continue to witness this ongoing worldwide race to debase.
  
We’re in the midst of an international currency war. This threatens us because it takes away our competitiveness. Advanced countries are seeking to devalue their currencies. - Guido Mantega, Brazil’s finance minister
 
The competing currency war is ramping up, with gross interventions, open disputes, notable desperation, friction among trade partners, and urgent need to take action. Nations are taking positions against each other increasingly. In defending their economies, they are pitting themselves against allies and foes alike. The number of bilateral squabbles has never been greater. The winner will be Gold, as all paper currencies will circle the toilet and lose. The Gold price acts as a meter; it will rise in spectacular fashion. It rises due to the profound debasement in a death process of the currency system. – Jim Willie CB, aka “The Golden Jackass”

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October 6, 2010 Posted by | Economics | , , , , , , | 1 Comment

Super-Rich Investors Buy Gold By Ton!

  • The smart money is fleeing fiat currencies into gold and silver. Yesterday’s move by BOJ to lower interest rate to zero and inject more money into the system (ie QE) is a warning sign that full-blown currency war is here! The sheeple still do not understand that fiat currency is a confidence job (con-job). It is ‘Monopoly’ money and has no intrinsic value. Before 1971 when Nixon broke the link between gold and USD, the dollar is a gold certificate. Ie. you can take the dollar and exchange it for a guaranteed amount of gold from the central bank. Now it is just a piece of paper.
     
  • This currency problem is bigger than the USD-CNY exchange rate. If China concedes and revalues the Yuan higher by 30% ie devalue USD-CNY by 30%, it will precipitate currency earthquakes in the forex market. All other countries have to decide whether they want to follow the USD down ie devalue against the CNY or otherwise. Japan has obviously indicated they cannot tolerate a much stronger JPY as their economy is tanking. They will opt to devalue their currency against the CNY. IMO, practically all countries will follow suit and devalue against the CNY.
     
  • What this means is that the Chinese economy will be less competitive against the rest of the world. Can the Chinese economy take this 30% revaluation shock. I don’t think so. Unemployment will rise and the country will be rocking. The Chinese, therefore, are very hesitant to allow a sudden, sharp rise in the CNY. This is going to be a global currency crisis dead ahead.
     
  • When all countries practise competitive devaluations, no country benefits. The US will not be able to export their way out of this mess. IMO, Helicopter Ben Bernanke will opt for the gold revaluation ‘nuclear bomb’. He will revalue the price of gold very much higher say to US$5,000/oz (in effect a devaluation of the USD against gold). All countries will follow suit. This will stoke massive inflation as the sheeple dumps fiat currency in favor of hard assets like commodities and precious metals. The idea is to kick-start a dead economy. It will not work. It will destroy all fiat currencies. Thus, the plan for a One World Currency backed by hard assets will be executed!
     
    Super-rich investors buy gold by ton
    The world’s wealthiest people have responded to economic worries by buying gold by the bar — and sometimes by the ton — and by moving assets out of the financial system, bankers catering to the very rich said on Monday. Fears of a double-dip downturn have boosted the appetite for physical bullion as well as for mining company shares and exchange-traded funds, UBS executive Josef Stadler told the Reuters Global Private Banking Summit.
     
    “They don’t only buy ETFs or futures; they buy physical gold,” said Stadler, who runs the Swiss bank’s services for clients with assets of at least $50 million to invest. UBS is recommending top-tier clients hold 7-10 percent of their assets in precious metals like gold, which is on course for its tenth consecutive yearly gain and traded at around $1,314.50 an ounce on Monday, near the record level reached last week.
     
    “We had a clear example of a couple buying over a ton of gold … and carrying it to another place,” Stadler said. At today’s prices, that shipment would be worth about $42 million. Julius Baer’s chief investment officer for Asia is also recommending that wealthy investors park some of their assets in gold as a defensive stance following a string of lackluster U.S. data and amid concerns about currency weakness.
     
    “I see gold as an insurance,” Van Anantha-Nageswaran said. “I recommend 10 percent as minimum in portfolios and anything more than that to be used for trading purposes, to respond to short-term over-bought or over-sold signals.”
      …..
    The uneasy outlook for inflation, hard currencies and global growth has triggered a five-fold increase in a physical gold fund launched by Pictet one year ago, the Swiss private bank said. UBS’s Stadler said the precious metal has become a staple of investors’ portfolios, despite questions about whether it makes for a smart long-term investment.
     
    “If you talk to ultra-high net worth individuals, that level of uncertainty has never been higher in the last two, three, four years,” he said. “If they ask me, ‘Is inflation going up or are we entering a deflationary cycle?,’ I don’t know. But obviously nobody knows.”
     
    Anthony DeChellis, managing director of Credit Suisse’s Americas private banking unit, said at the Reuters summit in New York that clients are more interested in capitalizing on the rise in gold prices than using the precious metal as a safe-harbor investment.
      …..
    Samir Raslan, Citigroup Inc’s regional head for central, eastern and northern Europe, Africa and
    Turkey, said clients were not going overboard on gold. “I wouldn’t say that clients are over-investing. It’s part of an asset allocation, but it’s not something that they are deciding all of a sudden,” he said.

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October 6, 2010 Posted by | Economics | , , , , , , | Comments Off

Jim Rogers: Commodities Rally Still Strong, Gold Will Hit $2,000!

  • Jim Rogers is very conservative about gold price here. Gold will go far higher than most people think possible!
      
    Commodities Rally Still Strong, Gold Will Hit $2,000: Rogers
    The huge rally in gold is expected to continue—with $2,000 an ounce well within sight over the next decade, well-known commodities investor Jim Rogers told CNBC.
      
    Gold will be among the premier plays in commodities, which stand to benefit whether the economy rebounds or not, said Rogers, creator of the Rogers International Commodity Index. “Gold is going to go a lot higher over the next decade. It may slow down for a while because it’s run up so dramatically here in the last few weeks. But gold’s going to be much higher,” Rogers said. “Adjusted for inflation it should be well over $2,000 now. When I say something like it’s going to 2,000 in 10 years it’s not a very dramatic statement given the state of the world. I’m sure it’s a given.”
     
    Rogers said one reason gold will continue to gain is because of what he called the failed policies of the Federal Reserve, its Chairman Ben Bernanke, as well as Treasury Secretary Geithner and other government officials. He said their efforts to prop up the economy have made things worse, not better. “They’ve all been dead wrong, totally unadulterated wrong,” he said. “Unemployment is higher now than it was before. Everything is worse instead of better. Let people go bankrupt. Let the system clean out and start over.”
     
    Either way, he said, investors are better off in commodities than stocks and bonds. ”If the world economy gets better I’m going to make money in commodities,” Rogers said. “If the world’s economy doesn’t get better I’m going to make money in commodities, because (the Fed is) going to print money.”
     
    He also said silver may even be a better buy now than gold because it is well off its historical high, while gold has been setting a series of new peaks lately. Rice will do well among soft commodities, he predicted. “Look at the things that are cheap. Gold is making all-time highs, silver is still 60 percent below it’s all-time highs,” he said. “So if I was looking at a precious metal, I would look at the places that are still cheap.”

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October 6, 2010 Posted by | Economics | , , , , , , , | Comments Off

Agricultural Commodity Prices Have Exploded And Now The Price Of Food Is Beginning To Rise Substantially In The United States And All Over The World !

  • It has taken awhile for the price increases to filter down to consumers. But we should see more complains about rising food prices. The main reason for the rise in agriculture commodities’ prices is financial speculation and currency debauchery. As fiat currencies worldwide are being debased, money is fleeing to hard asset like commodities and precious metals. Global famine is brewing!
     
  • Keep in mind that the banksters will get a bailout via massive QE2.0. How do they get out of all their trillions of dollars of toxic derivatives? When a cup of coffee cost US$1T, a toxic derivatives loss of US$40T is only 40 cups of coffee. This is chump change. How do you get the price of a cup of coffee to US$1T? Hyperinflation! These banksters intend to hyperinflate all their debts/losses away.
     
    Agricultural Commodity Prices Have Exploded And Now The Price Of Food Is Beginning To Rise Substantially In The United States And All Over The World
    Do you believe that you will always be able to run out to Wal-Mart or to the local supermarket and buy massive amounts of inexpensive food?  If so, you might want to think again.  During 2010, agricultural commodity prices have absolutely exploded.  Nearly every single important agricultural commodity has seen a double digit percentage price increase.  In fact, the S&P GSCI Agriculture Index recently surged to a fresh two year high.  Now food producers and retailers are starting to pass those commodity price increases on to consumers.
     
    Today when I went to the supermarket I was absolutely startled by some of the price increases that I witnessed.  On some of the items that I most commonly purchase, prices were up 20 or 30 percent.  So just what in the world is going on here?  Well, it turns out that there was a lot of bad weather around the world this year, so many harvests were worse than projected.  In addition, the growing population of the world has an increasingly voracious appetite for food.  When supply gets tighter as demand continues to go up that means that prices are going to increase.
     
    On a recent article on our sister site entitled “
    Rampant Inflation In 2011? The Monetary Base Is Exploding, Commodity Prices Are Skyrocketing And The Fed Wants To Print Lots More Money” a reader named Erica left a comment describing the food prices that she is seeing in her area….
     
    Food inflation is real, and it is here. Just yesterday I compared my receipt from a grocery run to prices I have from the same exact store from September 15, 2009. Bacon? Up 52% to $13.69 from $8.99 for 4 lbs. Butter? Up 73% to $9.99 from $5.79 for 4 lbs. Pure vanilla extract up 14% to $6.79 from $5.95. Chopped dried onions up a mere 2% but minced garlic (wet) was up 32%.
      
    These price increases are not a coincidence.  This is happening all over the United States. Food inflation is here and it is not going away any time soon. In fact, food inflation is hitting consumers hard all over the globe this fall….
     
    - *According to the United Nations, international wheat prices
    have soared 60 to 80 percent since July.
    - *Since the beginning of 2010, the price of bread has gone up
    17 percent and the price of meat has gone up 15 percent in European Union countries.
    - *The inflation rate in Russia
    rose to 7 percent in September primarily because of rising food costs.
    - *Turkey’s inflation rate accelerated
    to 9.2 percent in September, and authorities there are primarily blaming rising food prices for the increase.
    - *Food riots
    have already erupted in the poverty-stricken country of Mozambique and the government there is desperately trying to maintain order.
    - *Food prices
    have doubled in Afghanistan and authorities are warning that there could be an outbreak of famine unless the nation quickly receives more humanitarian aid.
     
    So is there hope that things are going to get better in the years ahead? No, not really. In fact, global demand for food is only going to increase in the years to come. Global demand for meat and poultry is forecasted 
    to increase 25 percent by 2015. Overall, it is being projected that global demand for food will more than double over the next 50 years. So where in the world will all of that extra food come from? That is a very good question. Meanwhile, rising food prices threaten to send a new wave of inflation sweeping across the globe.
     
    Mark O’Byrne, the executive director of GoldCore in Dublin, was recently quoted in
    Bloomberg as saying that the Federal Reserve ”continues to be worried about low inflation, but the rising prices seen in agricultural commodities such as wheat would suggest that they may be looking in the rear-view mirror and should be more concerned about inflation, especially in the medium and long term.”
     
    As mentioned earlier, wheat prices have soared 60 to 80 percent this year, but wheat is not the only agricultural commodity that is going up big time. In a recent article entitled “
    An Inflationary Cocktail In The Making“, Richard Benson listed many of the other agricultural commodities that have spiked in price in 2010….
     
    - *Coffee: 45%
    - *Barley: 32%
    - *Oranges: 35%
    - *Beef: 23%
    - *Pork: 68%
    - *Salmon: 30%
    - *Sugar: 24%
     
    So are American families seeing large increases in pay to keep up with all of this food inflation? No, actually incomes are going down. Median household income in the United States fell from $51,726 in 2008
    to $50,221 in 2009. In fact, of the 52 largest metro areas in the nation, only the city of San Antonio did not see a decline in median household income in 2009. American families are being squeezed like never before, and the last thing that they need is for the price of food to start moving up substantially. But it isn’t just the price of food that is going up.
     
    Health insurance companies across the United States are announcing that
    health insurance premiums are going to go up substantially this year because of the new health care law. American consumers can only be stretched so far. Eventually something has got to give. In fact, we are already seeing more Americans beginning to fall into poverty than ever before.  Today, one out of every six Americans is now enrolled in at least one anti-poverty program run by the federal government.
     
    Unfortunately, there is every indication that the Federal Reserve wants to make inflation every worse. It seems like almost every single day now a different official from the Federal Reserve makes public comments about how another round of quantitative easing is going to be necessary in order to stimulate the U.S. economy.
     
    But if the Federal Reserve pumps even more paper money into the financial system isn’t that going to put inflationary pressure on the economy? Of course. It is time to wake up. Your dollars are never going to stretch farther than they do today.

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October 6, 2010 Posted by | Disaster, Social Trends | , | Comments Off

Crops in Australia Threatened by Locust Plague of Biblical Proportion!

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October 6, 2010 Posted by | Disaster | | Comments Off

Coldest Winter in 1,000 Years on Its Way! NZ Snow Hits Farmers Big Time! Hundreds of Thousands of New Lambs Dead !

  • It looks like a mini ice age may be on its way. Extreme weather is manifesting itself more and more. This is the result of the death of the Gulf Loop Current, Gulf Stream and North Atlantic Current.
     
    Coldest winter in 1,000 years on its way
    After the record heat wave this summer, Russia’s weather seems to have acquired a taste for the extreme. Forecasters say this winter could be the coldest Europe has seen in the last 1,000 years. The change is reportedly connected with the speed of the Gulf Stream, which has shrunk in half in just the last couple of years. Polish scientists say that it means the stream will not be able to compensate for the cold from the Arctic winds. According to them, when the stream is completely stopped, a new Ice Age will begin in Europe. 
     
    So far, the results have been lower temperatures: for example, in Central Russia, they are a couple of degrees below the norm. “Although the forecast for the next month is only 70 percent accurate, I find the cold winter scenario quite likely,” Vadim Zavodchenkov, a leading specialist at the Fobos weather center, told RT.
    “We will be able to judge with more certainty come November. As for last summer’s heat, the statistical models that meteorologists use to draw up long-term forecasts aren’t able to predict an anomaly like that.”
     
    In order to meet the harsh winter head on, Moscow authorities are drawing up measures to help Muscovites survive the extreme cold. Most of all, the government is concerned with homeless people who risk freezing to death if the forecast of the meteorologists come true. Social services and police are being ordered to take the situation under control even if they have to force the homeless to take help.

     
    NZ – Snow hits farmers big time
    Following a reasonably benign winter, the Southland region of New Zealand (NZ) has in the past week been hit by “the worst spring storm in living memory” according to the NZ Herald. Six days of blizzards have caused deaths among new lambs numbering in the hundreds of thousands, and raised concern over the welfare of ewes yet to lamb.
     
    Besides the effect of the cold weather itself, the continued snowfall has not allowed snow on the ground to thaw, making it much harder for stock to feed. This makes ewes about to lamb particularly susceptible to metabolic illnesses from a lack of nutrients.
     
    Reportedly, lamb mortality in the area may be as high as 15% for some farmers. With average prices for lambs expected to be around NZ$80/head this season (NZ Herald), the financial loss to NZ producers will be significant, estimated to exceed NZ$50 million (NZ Ministry of Agriculture and Forestry).

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October 6, 2010 Posted by | Social Trends | , | 1 Comment

Global Currency War Brewing! Got Gold Yet?

  • Gold has hit a new record high of US$1342/oz and silver has hit a new 30 year high of US$22.88/oz. Fiat currencies are being debased worldwide! Got gold yet? A global currency crisis is coming!

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October 6, 2010 Posted by | Economics | , , , , , | Comments Off

   

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