Prices Soar on Crop Woes(U.S. Cuts Global Grain Supply Outlook)

WSJ ^ | 01/13/11 | SCOTT KILMAN And LIAM PLEVEN

[toast]

Not to worry, farmers will still be complaining about something or other.

Around here the only thing farmers can complain about is where they are going to put all that money.

[dynachrome]

You’re right. My dad was very angry about nixons’s wage/price freeze.

[Western Phil]

Yes, but he backed off. The others never did.

[Presbyterian Reporter]

Thanks for posting.

Obama has gotten a pass on the terrible economic news this past week due to the mainstream media murder blame game.

Rising grain prices are just one impact from printing funny money by the Federal Reserve.

[Mr. Lucky]

People are starving because they are deprived of corn starch?

[Vaduz]

Government owns 1/3 of the land in USA what are they growing on it?.

[kingpins10]

Congress could not spend like they do without the FED. Congress had restraint until 1913.

Without the Fed, the spending stops. Mr.Fisher is just as guilty.

[FromLori]

Personally I think the Fed should be abolished but the fact remains our politicians have failed us, they fail on spending and without raising the debt ceiling the Fed. could NOT monetize our debt and they fail on reigning in the Fed. I do view the Fed. as complicit however because they are scratching one another’s backs, i.e, bail outs.