posted on 01/15/2010 9:21:45 AM PST
The banks are not hoarding cash they are loaning it all to government. Buying bonds. Then borrowing more from the federal reserve at .25% and buying bonds at 3%.
There is a wild man in charge and this is the safest bet they could find.
posted on 01/15/2010 9:25:29 AM PST
To: perchprism; LomanBill; JDoutrider; tired1; Maine Mariner; demsux; April Lexington; Marty62; ...
posted on 01/15/2010 9:25:35 AM PST
posted on 01/15/2010 9:28:19 AM PST
(Rat mantra: "Facts are meaningless! You can use facts to prove anything that's even remotely true!")
US Farmers Plant Fewest Wheat Acres Since 1913
This article also indicates concern.
A government report shows the nation's farmers planted the fewest winter wheat acres this season since 1913.
The Agriculture Department reported Tuesday that the total acres of winter wheat for 2010 is 37.1 million acres, down 14 percent nationwide from last year.
The agency blames poor weather, low prices and the late row crop harvest for the decrease
posted on 01/15/2010 9:29:12 AM PST
Everything is being crashed, on purpose.
posted on 01/15/2010 9:41:21 AM PST
(usually clean, often articulate, only a slight Cro-Magnon accent except when I want to have one)
posted on 01/15/2010 9:43:40 AM PST
Translation: Jimmy, a guy who began his career working for George Soros, starts an Ag ETF in 2007 that is down 24%. What’s he gonna say “Please by my Ag Fund?” or “Food Fight!”. I doubt he is planting a garden in Singapore. (He gets extra credit for naming his daughters Happy and Baby Bee).
posted on 01/15/2010 9:59:04 AM PST
posted on 01/15/2010 10:07:13 AM PST
I thought Mr. Rogers had passed.
posted on 01/15/2010 10:07:24 AM PST
Food shortages are common in all communist countries. You’d better get used to the idea.
posted on 01/15/2010 10:11:41 AM PST
(Socialism is the gospel of envy and the religion of thieves)
posted on 01/15/2010 10:11:43 AM PST
(Nearly all men can stand adversity, but if you want to test a man's character, give him power. -A.L.)
Jim Rogers is a one dimensional commodities bull. He’s been pitching sugar and coffee as an investment for the past 2 years on Fox’s Bulls and Bears.
The USDA just estimated the 2009/2010 corn and soybean crops and are expecting a surprisingly big crop. Corn prices plunged 13% in 2 days because it looks like we’ll have lots of supply. With corn prices falling, some farmers will plant more soy and wheat, which will bring those prices down as well. By the way, we grow so much excess corn in U.S., we burn 1/3 of the total crop in our cars in the form of ethanol.
Unlike oil, agriculture is a renewable resource that as we apply technology and capital, we get more and more production.
posted on 01/15/2010 10:31:45 AM PST
Maybe we can all go to Haiti—and they can all come here. That’ll work!
posted on 01/15/2010 10:39:01 AM PST
by Mac from Cleveland
("See what you made me do?" Major Malik Hasan)
To: Red_Devil 232
posted on 01/15/2010 10:45:14 AM PST
(Can't starve us out, and you can't make us run...Country folks CAN survive!!! -Hank Jr.)
Is he buying food or pieces of paper that says he is buying food?
posted on 01/15/2010 2:50:41 PM PST
("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
P R 16:16:55Z16JAN2010
FM: American Producers
TO: NyLon Grocery Clerks
SUBJ: Strong message follows
EOM EOM EOM
posted on 01/16/2010 8:22:42 AM PST
(Animals! The DemocRats blew up the windmill with an Acorn!)
To: hennie pennie
Beginning gardeners, a tip — never plant more than one hill of zucchini.
posted on 01/18/2010 8:15:53 AM PST
(Happy New Year! Freedom is Priceless.)
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