It is now almost 24 hours after what many describe as a ballistic missile was launched off the coast of California and the government still cannot even identify the object, much less divine the makers of the device and intent of the launch.
Here’s the video from a local station. A rumor has been spread that this is an airplane but clearly it is not:
This is going to be a much bigger deal than the media is letting on.
Cops allow two Tom Periello supporters assault a bunch of Libertarians who were trying to hold a rally. Need I remind you to barricade yourself indoors after the election results are in:
If you go to the page for the YouTube video you can see that Periello supporters have come in force to claim there is nothing wrong with this. Think about that for a second.
Food inflation has been a reality for a while and the government along with a compliant media has been delaying telling you the real facts. It’s been a bad year for crops and the law of supply and demand is kicking in:
Corn is up 45 percent the last three months. We haven’t seen cotton prices this high since after the Civil War. Soybeans are up. Oil is up. Metals are up. So are coffee and cocoa.
In this era of massive liquidity, everything is up, except for food prices—specifically processed food (made from many of the same commodities and other ingredients whose prices have risen).
According to the USDA, that is going to change. In its most recent CPI report for food, the USDA reported that prices are expected to rise in 2011.
For all food, prices are expected to rise two to three percent, which is double the levels of 2010. Meat prices are expected to rise up to 3.5 percent, and dairy 5.5 percent.
“The forecast for 2011, that remains unchanged, but it’s moving to the higher part of that range,” said Ephraim Leibtag, who serves as a senior economist for the USDA and out together the report. He added, “The potential to go above that is more likely if current commodity price increases remain where they are or rise even more.”
CNBC does it’s best to put lipstick on this pig by reminding us that we’re “coming off historic lows” in commodities but all that really means is we were living in a time of plenty and now we’re not. It’s time to start putting away a supply of long lasting foods that can be stored without refrigeration. Think canned vegetables, pasta (properly stored) and canned sauces.
Emergency food supplies are also available at decent prices. A 2.25 lb can of powdered eggs can be purchased for about $25 on Amazon and that’s the equivalent of 90 eggs and will last for several years unopened and up to a year once opened. Gardeners may want to order bulk supplies of extra seeds now to start planting next spring because seed prices are going to skyrocket once the Americans feel the sticker shock of food inflation. Mylar food storage bags and a stash of food grade five gallon buckets are cheap and effective way to start storing staples that are cheap now (like pastas and rice) but are going to get more expensive as our economic collapse accelerates.
The warnings are all there. Don’t get caught with no food in the house when we start to see food prices increase beyond the reach of the average American.