HowardFood Prices and Obama
Real Crash- Looking at the Financial System and the War Drive:
Obama is less relevant now than even after the BP oil spill.
Food prices are coming up, as Obama and the Federal Reserve continue to hyperinflate. This may be ignored for several reasons by Americans, at least so far. When a 20-lb. bag of rice goes from $7 for 20-pounds in the supermarket, to $15 for the same bag, that is a big difference. The average American above the bottom 20-percent may be able to ignore it, but for how long? Now it is 35 cents a pound to 70 cents, but can it go higher? And this is why people in Tunisia and Egypt started rioting and forcing the overthrow of their long-standing governments.
This food shock will continue and will hit Americans. The key is to stop the bankers' bailout, which is ongoing, and stop the money now going to speculate on commodities, including food. That means that Lyndon LaRouche is right, we need the Glass Steagall (1933) legislation now. End the bailouts, cancel the blank check. Since Obama will never do that, Obama must be ousted as a mental incompetent.
Biggnights