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  • What Did the Republicans Get With the Budget Agreement?

    04/09/2011 6:52:12 AM PDT · by KeyLargo · 77 replies
    What Did the Republicans Get With the Budget Agreement? Created 2011-04-09 00:49 Summary: A compromise was reached on the 2011 Budget on Friday night. What did the Republicans gain and what did they lose in compromising with the Democrats? Compromise in itself is a very major problem with Republicans. The Republicans have been compromising with the Left for decades, transforming the United States into a nation that has become progressively more Liberal and has accumulated a national debt greater than $14 trillion. Compromise in itself is a very major problem with Republicans. The Republicans have been compromising with the Left...
  • Mark Levin Talks Budget Deal

    04/09/2011 2:34:10 PM PDT · by FreeReign · 29 replies
    Fox News ^ | Apr 9, 2011 | FoxNewsInsider
  • Mark Levin Talks Budget Deal

    04/09/2011 12:15:32 PM PDT · by NoGrayZone · 54 replies
    You Tube ^ | You Tube
    Mark Levin Talks Budget Deal. We have ALL been screwed. Good going mr. speaker! NOT in a good mood today!
  • IT’S NO DEAL, IT’S A SELLOUT

    04/09/2011 12:25:41 PM PDT · by Hojczyk · 159 replies
    Dick Morris .com ^ | April 9,2011 | Dick Morris
    John Boehner has just given away the Republican victory of 2010 at the bargaining table. Like the proverbial Uncle Sam who always wins the war but loses the peace, he has unilaterally disarmed the Republican Party by showing that he will not shut down the government and will, instead, willingly give way on even the most modest of cuts in order to avoid it. He now has no arrows left in his quiver. Having failed to stand firm for just $61 billion in cuts in a budget of $3.7 trillion, how can we expect him to stand firm over the...
  • Boehner-Obama Deal Permits Funding for Group That Does 910 Abortions Per Day

    04/09/2011 12:32:43 PM PDT · by jazusamo · 24 replies · 1+ views
    CNSNews ^ | April 9, 2011 | Terence P. Jeffrey
    (CNSNews.com) - The deal on federal spending that House Speaker John Boehner (R.-Ohio) cut with Senate Majority Leader Harry Reid (D.-Nev.) and President Barack Obama late Friday night permits federal funding to continue for Planned Parenthood, a group that does an average of 910 abortions per day. The Boehner-Obama deal includes a provision for a symbolic vote in the U.S. Senate on a stand-alone bill that would specifically prohibit federal funding of Planned Parenthood. Shortly after the deal was sealed, however, both the New York Times and the Associated Press reported that this stand-alone Planned Parenthood defunding measure was...
  • Republicans waive the white flag of surrender

    Once again the Republican leadership caves and then tries to tell us they won. Just six weeks ago our mealy-mouthed leadership told us they were going to cut $100 billion from this year’s budget. A few short weeks later the gutless wonders leading our party reduced that number to $60 billiondollars. Then late last night the well tanned amoeba, John Boehner caved to the socialist-in-chief and settled on $38 billion. Boehner has been tooting his own horn saying that this is the largest budget cut in history. Well of course it’s the largest cut in history, you fools in Congress...
  • DEFICIT NOW *ONLY* $1.6T (INSTEAD OF $1.603T) ~ LET'S PARTY!!

    04/09/2011 9:50:20 AM PDT · by Mr. K · 55 replies
    CONGRATULATIONS REPUBLICANS ON YOUR STUNNING VICTORY IN GETTING THE DEFICIT DOWN TO $1.6TRILLION FROM $1.6O3TRILLION NOW THATS GOOD GOVERNMENT!! YOU REALLY PROVED THE SIZE OF YOUR MANHOOD BOEHNER (0.003)
  • Boehner @ CPAC: "We Are Going to Cut $100 Billion" Next Week

    04/09/2011 9:52:11 AM PDT · by Right Wingnut 2 · 105 replies
    Speaker.gov ^ | 2/11/2011 | Don Seymour
    Boehner on Cutting $100 Billion in Discretionary Spending Next Week: "The American people have directed us to cut spending. We will. And there’s no limit to the amount we’re willing to cut to help get our economy moving again. Let me be very clear about this: we are going to exceed our Pledge to America. We are going to cut $100 billion in discretionary spending next week. Write it down. $100 billion in discretionary spending. And we aren’t going to stop there."
  • Obama concedes he's not a NBC, in Obama vs. Keyes 2004 Debate

    04/08/2011 10:28:56 AM PDT · by GlockThe Vote · 70 replies · 1+ views
    The Post Mail ^ | October 21, 2009 | John Charlton
    Obama concedes he's not a NBC, in Obama vs. Keyes 2004 Debate WITNESS COMES FORWARD, HISTORY OF INTERNET “RUMOUR” DOCUMENTED UPDATE: Oct. 21, 2009 — Second Witness Comes forward, gives testimony to The Post & Email by John Charlton (October 15, 2009) — It was a moment little noticed and soon forgotten; the import of it was not at that time understood; but the evidence that it [...] WITNESS COMES FORWARD, HISTORY OF INTERNET “RUMOUR” DOCUMENTED UPDATE: Oct. 21, 2009 — Second Witness Comes forward, gives testimony to The Post & Email by John Charlton (October 15, 2009) — It...
  • CALL FOR A VOTE OF NO CONFIDENCE IN SPEAKER BONER

    03/11/2011 11:23:06 PM PST · by Mr. K · 95 replies
    vanity ^ | 3/12/2011 | self
    CALL YOUR REPRESENTATIVES AND TELL THEM TO ASK FOR A VOTE OF NO CONFIDENCE IN SPEAKER BOENER With a 500% increase of the deficit, he negotiates a 10% decrease ROLL BACK SPENDING TO 2008 LEVELS CUT ANYTHING NEW OBAMBI ADDED
  • Is there really any difference between globalists on the left, and globalists on the right?

    02/18/2011 3:58:03 PM PST · by Cringing Negativism Network · 26 replies
    (vanity)
    Glenn Beck was just now, talking about George Soros, and the "no borders" leftist globalist agenda. Something Beck called "Open Society". While Beck was describing this agenda by Soros and the left, I was trying to think of a difference between how George Soros thinks about globalism, and how George Bush thinks about globalism.
  • Iranians Head for Suez Canal

    02/18/2011 2:04:14 PM PST · by jerusalemjudy · 10 replies
    The Jerusalem Center for Public Affairs ^ | February 18, 2011 | Dr. Dore Gold
    Iran has been seeking to establish that it is the hegemonial power in the Middle East. Its Supreme Leader, Ayatollah Ali Khamenei, gave an interview to the Iranian daily Ressalat on July 7, 1991, and asked a rhetorical question: "Do we look to preserve the integrity of our land, or to we look to its expansion?" He then answered his own question: "We must definitely look to expansion.” And indeed, in the years that followed, Iranian forces have been involved in regional subversion from Lebanon to Saudi Arabia and most recently in Iraq and Afghanistan. Khamenei's spokesman, Hossein Shariatmadari, wrote...
  • The Citizenship Status of Our 44 Presidents

    02/17/2011 9:38:56 PM PST · by jdoug666 · 25 replies
    Before It's News ^ | 2/15/2011 | Mario Apuzzo
    A famous Holmesian dictum provides that "a page of history is worth a volume of logic."
  • Jeffrey Toobin Issued False Legal Statements to A. Cooper Regarding Vattel and the 14th Amendment.

    02/17/2011 2:11:54 PM PST · by rxsid · 96 replies
    naturalborncitizen.wordpress.com ^ | 02/17/2011 | Leo Donofrio, Esq.
    "Jeffrey Toobin Issued False Legal Statements to Anderson Cooper Regarding Vattel and the 14th Amendment. With natural born citizen legislation racing through 11 state legislatures, truthful legal analysis is more important than ever. False statements issued on CNN yesterday via an Anderson Cooper interview with Jeffrey Toobin demand correction. CNN, should they not immediately correct the false statements, will be privy to the stench of propaganda. Jeffrey Toobin, alleged to be a “CNN Senior Legal Analyst”, gave a clearly false description of Vattel’s definition of “natural born citizen”. Toobin stated that the Vattel definition requires a person to be born...
  • Karl Rove Knocks 'Birthers,' Says GOP Should Focus on 'Real Issues'

    02/17/2011 5:16:22 PM PST · by pissant · 46 replies
    Politics Daily ^ | 2/17/11 | Chris Weber
    Urging conservatives to focus on "real issues," Karl Rove said Republicans should speak out against those in the party who question whether President Obama is a citizen of the United States. The GOP strategist said whatever percentage of Republicans are so-called "birthers," it "ought to be less." He made the comments in an interview with Bill O'Reilly on Fox News, where Rove is a regular commentator. "Within our party, we've got to be very careful about allowing these people who are the birthers and the 9/11-deniers to get too high a profile and say too much without setting the record...
  • Parts of U.S. to Warm Nearly 100 Degrees in Next Week

    02/14/2011 2:15:38 PM PST · by Oldeconomybuyer · 55 replies
    PlanetSave.com ^ | February 12, 2011 | Zachary Shahan
    Winter 2010-2011 is tied (so far) with two other years for having the most extreme winter on record in the US. A key point to emphasize: as the globe warms, more moisture is put into the atmosphere — that means more precipitation, more snow when it is cold enough and more rain when it is not. This combined with the odd shift in wind patterns around the Arctic has a pretty obvious result: major snowstorms in the US. In the areas of Oklahoma, Kansas and Arkansas where temperatures dropped between 20° and 30° below zero F Thursday morning, highs in...
  • Banks and Investers Creating Hunger?

    02/13/2011 9:23:25 AM PST · by wendy1946 · 17 replies
    Web of Debt Blog ^ | 02/03/2011 | Ennel Brown
    Underlying the sudden, volatile uprising in Egypt and Tunisia is a growing global crisis sparked by soaring food prices. But what caused the recent jump in food prices remains a matter of debate . . . . “What for a poor man is a crust, for a rich man is a securitized asset class.” –Futures trader Ann Berg, quoted in the UK GuardianUnderlying the sudden, volatile uprising in Egypt and Tunisia is a growing global crisis sparked by soaring food prices and unemployment. The Associated Press reports that roughly 40 percent of Egyptians struggle along at the World Bank-set poverty...
  • Corn Prices To Soar As Chinese Imports Increase Ninefold Compared To Official Projections

    02/06/2011 9:39:48 PM PST · by FromLori · 125 replies
    ZeroHedge ^ | 2/6/2011 | Tyler Durden
    Cotton, wheat, rice, and now corn. If revised Chinese import estimates by the US Grain Council are even remotely correct, look for corn prices of $6.80 a bushel at last check to jump by at least 15% in a very short amount of time. As the FT reports, "Corn prices – and with them, the price of meat – are set to explode if the latest import estimates from China are correct. The US Grain Council, the industry body, said late on Thursday that it has received information pointing to Chinese imports as high as 9m tonnes in 2011-12, up...
  • As crops wither in Russia's severe drought, vital plant field bank faces demolition

    08/07/2010 5:35:57 AM PDT · by decimon · 15 replies
    Global Crop Diversity Trust ^ | August 7, 2010 | Unknown
    Hearing date is Aug. 11 for Pavlovsk Fruit Collection case; Russian government called on to interveneST. PETERSBURG, RUSSIA (7 August 2010)—As the fate of Europe's largest collection of fruit and berries hangs in the balance of a Russian court decision, the Global Crop Diversity Trust issued an urgent appeal for the Russian government to embrace its heroic tradition as protector of the world's crop diversity and halt the planned destruction of an incredibly valuable crop collection near St. Petersburg. Pavlovsk Experiment Station is the largest European field genebank for fruits and berries, and is part of the N.I. Vavilov Research...
  • Russia swelters in heatwave, many crops destroyed

    07/18/2010 7:26:43 PM PDT · by Flavius · 11 replies · 2+ views
    reuteurs ^ | 7/15/10 | reuteurs
    MOSCOW, July 16 (Reuters) - Soaring temperatures across large swathes of Russia have destroyed nearly 10 million hectares of crops and prompted a state of emergency to be declared in 17 regions.
  • Putin bans Russia grain exports due to drought

    08/05/2010 4:23:11 PM PDT · by HogsBreath · 11 replies
    Yahoo!news ^ | 4-5-10 | Stuart Williams
    Russia, the world's third wheat exporter, Thursday banned grain exports for the next four-and-a-half months due to a record drought that has destroyed millions of hectares (acres) of its land. Wheat futures shot up to new two-year highs on commodities markets after the sudden announcement from Prime Minister Vladimir Putin raised concerns about global grain supplies
  • Wheat rally will not lure China, India to dump stocks

    08/13/2010 9:40:11 AM PDT · by James C. Bennett · 4 replies
    Reuters ^ | 13 August, 2010 | Reuters
    Fears of food inflation and tighter global supply make China and India, holders of nearly half the world's wheat reserves, reluctant to send large volumes to market despite surging prices that offer a huge opportunity. The world's most populous nations, China and India are estimated to finish the 2010/11 crop year with a combined stockpile of around 78 million tonnes, 44 percent of the world total of 175 million, the U.S. Department of Agriculture says. But they will probably defend that stockpile in the face of rising consumption. "I don't think China will be an exporter because of increasing domestic...
  • The Food Shock Of 2011

    10/26/2010 9:03:10 PM PDT · by blam · 58 replies
    The Daily Reckoning ^ | 10-26-2010 | Addison Wiggin
    The Food Shock Of 2011 By Addison Wiggin 10/26/10 Baltimore, Maryland – Every month, JP Morgan Chase dispatches a researcher to several supermarkets in Virginia. The task – to comparison shop for 31 items. In July, the firm’s personal shopper came back with a stunning report: Wal-Mart had raised its prices 5.8% during the previous month. More significantly, its prices were approaching the levels of competing stores run by Kroger and Safeway. The “low-price leader” still holds its title, but by a noticeably slimmer margin. Within this tale lie several lessons you can put to work to make money. And...
  • Prices Soar on Crop Woes(U.S. Cuts Global Grain Supply Outlook)

    01/13/2011 6:24:17 AM PST · by TigerLikesRooster · 27 replies
    WSJ ^ | 01/13/11 | SCOTT KILMAN And LIAM PLEVEN
    JANUARY 13, 2011 Prices Soar on Crop Woes U.S. Cuts Global Grain Supply Outlook; Higher Prices Expected at Grocery Stores. By SCOTT KILMAN And LIAM PLEVEN Evidence of tightening global food supplies grew as the U.S. Agriculture Department cut its estimates for global harvests of key crops and raised some demand forecasts, adding to worries about rising food prices. Prices of corn and soybeans leapt 4% Wednesday and wheat gained 1%, continuing the broad rally in commodity prices that began in June. With yesterday's gains, prices of corn futures contracts are now up 94% from their June lows; soybeans are...
  • Prices Soar on Crop Woes

    01/13/2011 2:09:33 AM PST · by markomalley · 11 replies
    WSJ ^ | 1/13/11 | SCOTT KILMAN And LIAM PLEVEN
    Evidence of tightening global food supplies grew as the U.S. Agriculture Department cut its estimates for global harvests of key crops and raised some demand forecasts, adding to worries about rising food prices. Prices of corn and soybeans leapt 4% Wednesday and wheat gained 1%, continuing the broad rally in commodity prices that began in June. With yesterday's gains, prices of corn futures contracts are now up 94% from their June lows; soybeans are up 51% and wheat is up 80%. The USDA's revisions reflect the impact of dry weather in South America and floods in Australia, which have compounded...
  • How Global Warming Felled Mubarak

    02/02/2011 8:09:49 PM PST · by lbryce · 26 replies
    Forward ^ | February 2, 2011 | JJ Goldberg
    The craziest part of the uprising in Egypt is how it caught us all by surprise. After all, it was predicted — three years ago. Unfortunately, nobody was paying attention. It sounded too weird. The warnings weren’t coming from political analysts, but from climate and crop experts. Which means — what? Climate topples dictator? No way, right? Way. Let’s walk through it. Consider those warnings in the spring of 2008. It was a time of worldwide food shortages. Wheat prices had doubled from the year before, and other crops weren’t far behind. Hunger became critical, and riots exploded from Bangladesh...
  • China Drought Global Food Crisis To Trigger Many More Egypts

    02/10/2011 12:47:09 PM PST · by blam · 7 replies
    The Market Oracle ^ | 2-10-2011 | Justin John
    China Drought Global Food Crisis To Trigger Many More Egypts Commodities / Food Crisis Feb 10, 2011 - 06:14 AM By: Justin John The Chinese government has reportedly decided to spend $1 billion to battle the drought plaguing huge areas in the north, as wheat prices continued their climb and the UN warned of serious consequences for the winter harvest. The drought is the worst in six decades in many areas, and has left a swathe of grain-producing regions reeling from a lack of any significant rainfall in more than three months. The money will be spent to divert water...
  • Will Ethanol Break the Muslim World After All?

    02/02/2011 9:00:05 PM PST · by 6ft2inhighheelshoes · 24 replies
    Sultan Knish a blog by Daniel Greenfield ^ | February 2. 2011 | Daniel Greenfield
    Ethanol has proven to be an inadequate solution to the problem of foreign oil, but it has toppled at least one Arab ruler and may not be done yet. The Soros backed college students and the Islamists have done their part in the protests, but the Tunisian and Egyptian mobs would never have made their showing without a goad. And the goad was high wheat prices. Part of the spike in wheat prices was due to the shift to ethanol production. Remember when Americans were lining up with cans of gasoline during the OPEC oil boycott? Arab Muslims are now...
  • Why U.S. farm policy caused Egypt crisis

    02/11/2011 9:09:52 AM PST · by illiac · 19 replies
    MarketWatch ^ | 2/11/11 | Thomas Kostigen
    SANTA MONICA, Calif. (MarketWatch) — The riots in Cairo are the result of United States policy gone bad. In fact, we — you, me, U.S. taxpayers — are to blame. Strategic policy, I am not speaking of. Political policy, I am not speaking of. Nor am I talking about defense policy or other such foreign relations. The uprising in Cairo is about U.S. tax dollars supporting farm programs that wreak havoc on food prices worldwide.
  • Wall Street Journal rips Newt Gingrich for defending ethanol subsidies

    02/01/2011 9:02:58 AM PST · by SeekAndFind · 57 replies
    Hotair ^ | 02/01/2011 | Ed Morrissey
    Newt Gingrich has been touring Iowa lately, attempting to generate interest in a run for the 2012 GOP presidential nomination, and he’s been going the traditional route of defending farm subsidies, especially for ethanol. Gingrich blasted the media for its skeptical approach to ethanol subsidies, especially the Wall Street Journal, saying that “big urban newspapers want to kill it because it’s working,” and then questioned the WSJ’s values. The editors have responded in an unsigned editorial titled “Professor Cornpone,” and they give Gingrich both barrels: Here’s how he put in Des Moines, with that special Gingrich nuance: “The morning that...
  • Newt Answers Critics Over Ethanol Comments (Still fails to address issue raised by critics)

    02/05/2011 7:55:03 PM PST · by SeekAndFind · 35 replies
    Hotair ^ | 02/05/2011 | Jazz Shaw
    Newt Gingrich got himself in a bit of hot water in some conservative circles recently with his support of Ethanol subsidies. It drew the scorn of the Wall Street Journal editorial board, who implied that the former speaker might have more than a passing financial interest in propping up King Corn. On Thursday Newt took to the “letters” pages of the WSJ to fire back. In the interest of fairness, we should allow him to make his case. Second, I am not a lobbyist for ethanol, not for anyone. My support of increased domestic energy production of all forms, including...
  • Ethanol Subsidies, Newt Gingrich, and the 2012 Election

    02/06/2011 9:12:07 PM PST · by Freemarkets101 · 22 replies
    Brian Koenig ^ | 2/6/2011 | Brian Koenig
    With the 2012 presidential election already on presidential aspirants’ front doorstep, former House Speaker Newt Gingrich is hiking the campaign trail, stomping the path of ethanol subsidies. Last Tuesday, the former Speaker visited the Renewable Fuels Association summit in Des Moines, touting the praises of ethanol and its progressive impact on the environment. He then tenderized the farm industry saying, “We have had a problem of farm income back to the 1890s and 1880s [and] the fact is that every time the farmers start to do well someone starts to attack them.” A battle between Gingrich and the Wall Street...
  • End the Ethanol Insanity

    Ethanol damages engines and is not a viable alternative to fossil fuels, but farmers and lobbyists don't want you to know that
  • E.P.A. Approves More Ethanol in Auto Fuel (Get ready to see your mechanic and void warranties)

    01/21/2011 11:38:03 AM PST · by tobyhill · 32 replies
    ny times ^ | 1/22/2011 | By MATTHEW L. WALD
    The Environmental Protection Agency said Friday that cars and light trucks in the 2001 model year and later could safely use a blend of 15 percent ethanol mixed with gasoline, up from the 10 percent standard now in much of the country. The decision means that about 62 percent of all vehicles can now use the fuel. But the practical impact of the announcement on the fuel blend, known as E15, was not clear. An announcement in October that cars in the 2007 model year and later could use the blend has so far had little impact on retailers or...
  • Professor Cornpone [Newt the Ethanol Lover]

    01/31/2011 7:54:17 AM PST · by freespirited · 21 replies
    WSJ ^ | 01/31/11
    The last time these columns were lambasted by a presidential candidate in Iowa, he was Democrat Richard Gephardt and the year was 1988. The Missouri populist won the state caucuses in part on the rallying cry that "we've got to stop listening to the editorial writers and the establishment," especially about ethanol and trade. Imagine our amusement to find Republican Newt Gingrich joining such company. The former Speaker blew through Des Moines last Tuesday for the Renewable Fuels Association summit, and his keynote speech to the ethanol lobby was as pious a tribute to the fuel made from corn and...
  • America and the Middle East Food Riots

    02/01/2011 5:02:55 AM PST · by Puzzleman · 25 replies
    American Thinker ^ | January 31, 2011 | Steve McCann
    --snip--Today there is a global food shortage and skyrocketing prices. This has become the underlying factor in the riots in Tunisia, Algeria, and Egypt, where up to 56% of a person's income is dedicated to the acquisition of food. These riots are now leading to the upheaval of governments and the very real possibility of the ascendancy of the radical elements into control...
  • Siphoning Off Corn to Fuel Our Cars

    02/01/2011 9:14:11 PM PST · by Rabin · 12 replies
    Washington Post ^ | Wednesday, April 30, 2008 | Steven Mufson
    "Two hundred years ago, this was prairie covered with six-foot-high switchgrass. Winnebago Indians lived here, and then white settlers … Now 50 wind turbines that were erected over the winter and the (VeraSun) ethanol plant, have brought new energy to a town that long lived off the ground God created with glaciers, and laid down here."
  • Food Riots: Is Bernanke Partially to Blame?

    01/30/2011 2:57:50 PM PST · by Hojczyk · 44 replies
    CNBC ^ | January 28,2011 | Larry Kudlow
    <p>As we know, massive popular unrest has broken out against autocratic governments in North Africa and the Arab world. Egypt is the biggest story. But to varying degrees, the people have taken to the streets in Algeria, Jordan, Libya, Morocco, and Yemen.</p>
  • Ethanol Subsidies, Newt Gingrich, and 2012 Election

    02/06/2011 8:54:39 PM PST · by Freemarkets101 · 9 replies
    Brian Koenig ^ | 2/6/2011 | Brian Koenig
    With the 2012 presidential election already on presidential aspirants' front doorstep, former House Speaker Newt Gingrich is hiking the campaign trail, stomping the path of ethanol subsidies. Last Tuesday, the former Speaker visited the Renewable Fuels Association summit in Des Moines, touting the praises of ethanol and its progressive impact on the environment. He then tenderized the farm industry saying, “We have had a problem of farm income back to the 1890s and 1880s [and] the fact is that every time the farmers start to do well someone starts to attack them.” A battle between Gingrich and the Wall Street...
  • Ethanol pumps big problems for small engines

    02/07/2011 10:53:54 AM PST · by thackney · 99 replies
    Fuel Fix ^ | 2/7/11 | Associated Press
    ...and he filled tanks feeding the boat’s 200 horsepower Mercury engine with gas that had been blended with 10 percent ethanol. “I heard a station in Greenville had straight gas, but I just took it to the next one I could find. Within 10 minutes, my engine started failing,” Gray said. “(The ethanol) had crystallized and crumbled and had clogged my fuel line, and I had to tear out all of the fuel system.” Gray saved hundreds of dollars by repairing it himself, but his troubles with the motor are nothing new to marine shop owners, lawn mower mechanics and...
  • Bernanke and Ethanol Sink Egypt

    02/07/2011 3:25:31 PM PST · by FromLori · 8 replies
    CNBC ^ | 2/4/2011 | Larry Kudlow
    Decades of autocratic government and a lack of free elections are, of course, the main drivers of the political upheaval in Egypt. But did the sinking dollar and skyrocketing food prices trigger the massive unrest now occurring in Egypt — or the greater Arab world for that matter? In addition to Egypt, the people have taken to the streets to varying degrees in Algeria, Jordan, Libya, Morocco, and Yemen. Local food riots have even broken out in rural China and other Asian locales. While the mainstream media focuses on the political aspects of this turmoil, they are overlooking the impact...
  • US corn reserves hit lowest level in 15 years

    02/09/2011 9:29:41 AM PST · by NormsRevenge · 48 replies
    Yahoo ^ | 2/9/11 | Christopher Leonard and Sarah Skidmore - AP
    ST. LOUIS (AP) -- U.S. reserves of corn have hit their lowest level in more than 15 years, reflecting tighter supplies that will lead to higher food prices in 2011. Increasing demand for corn from the ethanol industry is a major reason for the decline. The U.S. Department of Agriculture reported Wednesday that the ethanol industry's projected orders this year rose 8.4 percent, to 13.01 billion bushels, after record-high production in December and January. That means the United States will have about 675 million bushels of corn left over at the end of year. .. roughly 5 percent of all...
  • Have Bernanke And Ethanol Sunk Egypt? The People Cannot Afford To Buy Bread

    02/01/2011 5:03:46 PM PST · by Kaslin · 50 replies
    IDB Editorials ^ | February 1, 2011 | LAWRENCE KUDLOW
    Decades of autocratic government and a lack of free elections are, of course, the main drivers of the political upheaval in Egypt. But did the sinking dollar and skyrocketing food prices trigger the massive unrest now occurring in Egypt — or the greater Arab world for that matter? In addition to Egypt, the people have taken to the streets to varying degrees in Algeria, Jordan, Libya, Morocco and Yemen. Local food riots have even broken out in rural China and other Asian locales. While the mainstream media focus on the political aspects of this turmoil, they are overlooking the impact...
  • Ethanol's ROI not just bad for MPG's

    01/22/2011 11:41:24 AM PST · by WriteStuff · 8 replies
    Across the Back Fence ^ | 1/22/2011 | Todd Fitchette
    Corn belongs on the dinner plate, not in the gas tank. America’s food and energy policies are severely twisted. How else can you explain the fact that America refuses to mine its own energy sources, choosing instead to import most of our oil, while arguing that to meet our needs for something to power our cars and trucks, we ought instead to simply use a food staple used the world over?
  • (Flashback) Palin: Mortgage plan not a handout, but hand up

    11/22/2010 8:12:55 PM PST · by pissant · 199 replies · 1+ views
    Cleveland.com ^ | Oct 14, 2008 | Bill Meyer
    SCRANTON, Pa. -- Republican vice presidential candidate Sarah Palin said Tuesday that her running mate John McCain's plan to reduce or eliminate taxes and help distressed homeowners with their mortgages will "get this economy moving again." At a raucous rally in Scranton, Palin said McCain's mortgage proposal is "not a handout, but a hand up" to help financially overwhelmed Americans hang on to their homes. "This is going to get our country through a time of testing, and it's going to get the economy back on the right track," Palin said. "Under this plan, we'll help American families keep their...
  • Think $5 Corn Is Expensive? Some Are Betting On $10 Next Year

    11/15/2010 5:23:28 PM PST · by FromLori · 30 replies
    Cattle Network ^ | 11/12/10
    The corn market’s rally above $5 a bushel this fall has stirred growing consternation among livestock producers and others dependent on the largest U.S. crop. As the global grain supply outlook tightens, some traders in Chicago are placing bets that prices may double next year. Over the past week, trading firms including JPMorgan Chase & Co. and MF Global Holdings Ltd. bought call option contracts that would pay off if corn rose above $10 or $11 a bushel next spring. The options are traded at Chicago-based CME Group, along with futures based on grain, cattle, hogs and other commodities. It’s...
  • Valley dairies struggle with high feed prices

    10/30/2010 3:24:39 PM PDT · by pterional · 17 replies
    The Fresno Bee ^ | Friday, Oct. 29, 2010 | Robert Rodriguez
    Still wobbly from nearly a two-year price skid, California's struggling dairy industry is suffering another blow: rising feed costs. Feed prices have spiked in the last several weeks, jumping nearly 30%. A smaller-than-expected Midwestern corn crop, competition among ethanol producers and fewer alfalfa acres have all contributed to higher feed costs. And analysts expect feed costs -- a major expense for dairies -- to remain strong through at least the beginning of 2011. That comes as bitter news to dairy operators who lately had been benefiting from higher milk prices Read more: http://www.fresnobee.com/2010/10/29/2137871/valley-dairies-struggle-with-high.html#ixzz13snR6BYz
  • Loaf of wheat bread may soon cost $23 due to skyrocketing food price inflation.

    11/08/2010 8:34:20 AM PST · by TaraP · 86 replies
    Natural News ^ | November 7th, 2010
    (NaturalNews) Within a decade, a loaf of wheat bread may cost $23 in a grocery store in the United States, and a 32-oz package of sugar might run $62. A 64-oz container of Minute Maid Orange Juice, meanwhile, could set you back $45.71. This is all according to a new report released Friday by the National Inflation Association which warns consumers about the coming wave of food price inflation that's about to strike the western world. "For every economic problem the U.S. government tries to solve, it always creates two or three much larger catastrophes in the process," said Adams....
  • Federal Reserve Inflating Bubbles Pushing Agri-Foods to New Highs

    11/07/2010 11:26:03 AM PST · by blam · 28 replies · 1+ views
    The Market Oracle ^ | 11-7-2010 | Ned W Schmidt
    Federal Reserve Inflating Bubbles Pushing Agri-Foods to New Highs Commodities / Agricultural Commodities Nov 06, 2010 - 06:09 AM By: Ned W Schmidt Readily acknowledged is that first action of new U.S. Congress should be to call for resignations of all members of the Board of Governors of the Federal Reserve System.. Their irresponsible acts to date have clearly violated their mandate to provide a healthy economic environment. With Federal Reserve Bubble III, manifesting itself in the inflated and unnatural values for non dollar currencies, distorting the global economic system, they must be removed immediately and most recent policy action...
  • Miss Him Yet?: Bush NSA Chief Confirms Bush Tried to Bring 100,000 Palestinian Muslims to U.S.

    09/28/2010 5:57:32 PM PDT · by Mister Ghost · 51 replies
    Debbie Schlussel ^ | September 28, 2010, - 6:00 pm | Debbie Schlussel
    So, to those of you who keep blaming Obama for pandering to Muslims but were oh so quiet when Bush did no different, and now exhibit the imbecile quality of missing this utter screw-up, I don’t join you because I actually knew and know what is going on. I pay attention, and you only wake up when someone on the other side of the aisle does the same as your own alleged ideological bed partners. And that’s why we’ll get more fine examples of mediocrity and jeopardy in both Bush and Obama. I don’t know how you expect better behavior...