Archive for December 29th, 2010

by Bob Chapman Global Research December 29, 2010 Mr. Bernanke, Chairman of the Federal Reserve, a private corporation, would have us believe that, quantitative easing is the only way to save the US economy and to reverse the unemployment problem. He conveniently forgets to tell you that he authored a paper in 1988 with... »

by Dr. James Polk Global Research December 29, 2010 Our era is largely defined by two highly interlinked concepts: globalization and the so-called “war on terrorism.” As geopolitical-economic operatives, both concepts complement each other as significant means to specific ends; both shape important aspects of our daily lives and determine form and content of... »

by Paul Craig Roberts Global Research December 29, 2010 Anyone who doesn’t believe that the US is an incipient fascist state needs only to consult the latest assault on civil liberty by Fox News (sic). Instead of informing citizens, Fox News (sic) informs on citizens. Jason Ditz reports (antiwar.com Dec. 28) that Fox News... »

London wheat price hits record £200 a tonne AgriMoney.com 29th December 2010 London wheat hit £200 a tonne for the first time ever on Wednesday, playing catch up with Chicago and Paris peers, as UK markets reopened after the Christmas break. The January contract rose 1.3% to stand at £200.00 a tonne at 11:15... »

By MARK S. KRZOS News-Press.com December 28, 2010 Whatever crops were salvaged following a freeze nearly two weeks ago, were done in by last night’s chilly temperatures, said Frank Oakes, the owner of Oakes Organic Farm and Food & Thought in Collier County. “The frost this morning was thicker than I’ve seen it,” Oakes... »

By Jeff Wilson Bloomberg.com Corn may rise for a sixth straight week and soybeans may gain on speculation that hot, dry weather will damage crops in Brazil and Argentina, the two biggest exporters after the U.S. Seventeen of 24 traders and analysts surveyed in the U.S. on Dec. 23 said corn will rise, and... »

by Robert James Bidinotto BigGovernment.com Buried beneath the avalanche of press coverage about the lame-duck Congress, I found a story about President Obama’s mid-December meeting with twenty corporate CEOs. The purpose of this Blair House get-together was to discuss how to jump-start our still-ailing economy. Among other aims, Mr. Obama reiterated his goals to... »

Hannah Davies The Courier-Mail.com.au December 29, 2010 FOOD prices could rise as much as 50 per cent as the Queensland farming industry is hit with flooding losses of at least $400 million. Affected farmers on Tuesday revealed both summer and winter crops had been destroyed, with many hectares of newly planted grains, vegetables and... »

By JOHN FOLEY NYTimes.com December 28,2010 Food prices globally are rising to dangerous levels. There is talk of a coming crisis, like the ones that produced riots around the world in 2008 and 1974. Many of the ingredients of a disaster are present, but governments can stop the problem before it causes too much... »

by Gonzalo Lira FinancialSense.com Wed, 29 Dec 2010 This week—what with Christmas on one end and the new year’s celebration on the other, and everthing in between covered in snow—nothing much is gonna happen: It’s a week that’s about as dead as Dillinger. So I figured I should take stock of where we are—and... »