Posts Tagged ‘Federal Reserve’

I just love grassroots, outside-the-box political activism.

Here’s something we all can do — and all you need is some post-it notes!

A Facebook page has been set up for this campaign. The people behind it are encouraging people to send in photos of their own like the ones above.

To borrow a line from an old leftie, “…and, friends, they’ll think it’s a movement!”

By the way, I like the emphasis on food and gasoline, since  the official Consumer Price Index does not include — are you ready for this? — food and energy!

Grocery prices increased 6.5% in March from early January, an annualized increase of 26%, according to a report from Consumer Growth Partners. The group called the rise the “sharpest in a generation.”

…A 25% increase in gasoline prices this year combines with higher food costs to take $18 billion out of monthly household spending on discretionary items… Consumer Growth said in its report, which compiles data from Target, Walmart and Aldi stores in four U.S. states.

No word on whether the price of sticky notes has gone up significantly. If we all do our part, however, demand should skyrocket!

Hat tip: Doug Ross


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Lifted straight and whole from Doug Ross @ Journal:

An excellent Wall Street Journal interactive graphic depicts the tidal wave of unrest sweeping the Middle East.

Far from any sort of organized ‘democracy movement’, it is worth remembering that the region’s civil unrest began for primarily one reason, which is honestly described by Ghana’s major online news magazine.

The ongoing popular uprisings in North Africa and the Middle East poses the question if other developing countries, including Ghana, may experience similar or other forms of uprisings in the light of the imminent global food crisis of 2011… …In 2008 riots from Haiti to Bangladesh to Egypt over the soaring costs of basic foods have brought the issue to a boiling point and catapulted it to the forefront of the world’s attention…

…A major IFPRI Report launched in February 2011 stated that the causes of the 2008 global food crisis were similar to that of the 1972-74 food crisis, in that the oil price and energy price was the major driver, as well as the shock to cereal demand (from biofuels this time), low interest rates, devaluation of the dollar, declining stocks, and some adverse weather conditions….

As the dollar has drifted lower (illustrated in the above chart), thanks to a strategy of printing dollars (i.e., “Quantitative Easing”) on the part of the Federal Reserve, the price of energy has skyrocketed as it is bought and sold using dollars.

Food prices, dependent upon fuel to farm and transport, have likewise leaped.

Notice a correlation?

The short version of the story is this: the policies of the hard-left Democrats have led directly to hunger, starvation and civil unrest around the world:

• Using food as fuel in bizarre efforts to reduce carbon dioxide, which is a plant food and beneficial to the environment

• And catastrophic deficit spending, adding nearly 60% to the national debt in three short years, which has resulted in the need to print trillions of dollars and enslave our children to debt

Everything the Democrats touch turns to crap, from their utterly reckless and criminal actions in the housing market to their global warming scam; from their country-bankrupting spending policies to their ‘War on Poverty’ that spreads more poverty and misery than any social program in history.

Everything they do is a failure — and Barack Obama is their perfect poster-child.

FURTHER READING: Deroy Murdock, National Review, on global food riots.  Key quote:

Diverting one quarter of U.S. corn to motors rather than to mouths has boosted prices 74 percent in a year. Eager to ride the ethanol gravy train, wheat and soybean farmers increasingly switch to corn. Thus, hard wheat is up 86 percent, while soybeans cost 93 percent more….global food prices have risen 83 percent over the past three years.

And that was written in 2008. The diversion of food to fuel has only gotten worse since then — despite the Climategate scandal, which broke in late 2009.

The ethanol scam (which I wrote about here) is a crime against humanity.

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