Monday, 9 May 2011

Attention to Deficit Disorder

According to Standard & Poor's, France has a better chance of remaining solvent than the U.S.  Has it really come to this? Here's what Standard & Poor's has to say about this.

"Because the U.S. has, relative to its [triple a] peers, what we consider to be very large budget deficits and rising government indebtedness and the path to addressing these is not clear to us, we have revised our outlook on the long-term rating to negative from stable."

Thursday, 5 May 2011

Give Us Back Our Sovereign Economy!

If the majority of rank-and-file American citizens continue to buy gasoline at unreasonably exorbitant, continually rising prices, the current fuel dilemma is only going to get worse. By docilely doing exactly what the federal government wants Americans to do, to just buy the gas, it's only a blatant admission that the global economy has whipped the sovereign People of the United States; and it is evidenced when gas prices are over 4 dollars per gallon and the gas lines are filled and overflowing. It's a statement of concession to the gas moguls, to the Federal Reserve, and to an impotent U.S. Congress that the Constitution of the United States is no longer in force, and that Article 1, Section 8, Clause 5, which gives the Legislative Branch the exclusive right, and power, to coin money and to determine its value, is dead language.

Hyperinflation Is Coming: What to Expect

Hyperinflation refers to an economical situation where the price increases are uncontrollable. When the inflation rate is extremely rapid, it is a sign that hyperinflation is coming. It is a devastating phenomenon that affects the world economy. It destroys the value of cash and bonds. It can be recalled that the hyperinflation in 1923 occurred in Germany. It has been reported that the price level of goods increased by a factor of 20 billion, and that it doubled every 28 hours.

Wednesday, 4 May 2011

Corn Is Becoming Gold-Like On The World Market

The United States is the number one producer of corn in the world. We grow twice as much as second place China and more than the rest of the top ten combined. An important food commodity in countries around the globe, corn is also an ingredient in many processed food and in many non-foods products we use daily.

American farmers will plant a record 92 billion acres of corn in this crop year. But there is a problem.
Demand has caused corn prices to rise. Worldwide population has doubled over the past 50 years from 3 billion in 1960 to nearly 7 billion in 2010. Last year 2.6 billion bushels of U.S. corn went into ethanol production. The EPA (Environmental Protection Agency) has decided to stick with gasoline standards that include ethanol, even though onetime supporter Al Gore admits he was wrong about the policy to subsidize this effort that costs taxpayers billions of dollars annually.