April 24, 2008
April 20, 2008
HousingPANIC Harsh Reality of the Day

They're eating dirt now in Haiti.
Try to keep that in mind when you get in your SUV filled with ethanol-blend and drive to Wal-Mart today.
Posted by
blogger
at
4/20/2008
96
comments
Labels: food as fuel, ricePANIC, wal-mart is evil
April 13, 2008
IMF: "Food-Price Inflation May Trigger Starvation"

Thank you Casey Serin.
Thank you mortgage brokers.
Thank you realtors.
Thank you investment bankers.
Thank you Alan Greenspan and Ben Bernanke.
Thank you ethanol farmers.
Thank you George Bush.
Thank you General Motors.
Thank you Chinese communist party leaders.
And thank you American consumers and Wal-Mart shoppers.
You are now about to starve millions to death.
Hope it was worth it.
Donate to the World Hunger and Relief fund here. And stop using ethanol, stop buying Chinese crap at Wal-Mart and start connecting the dots.
April 12 (Bloomberg) -- Further gains in food prices would be ``terrible'' for the world's poor and throw hundreds of thousands of them into starvation, International Monetary Fund Managing Director Dominique Strauss-Kahn said.
Governments throughout Asia, Africa and the Middle East are seeking to combat food inflation and avoid social unrest by curbing exports or lifting import duties on basic food staples such as rice. Global food prices surged 57 percent last month from a year earlier, according to the United Nations, and the World Bank warns civil disturbances may be triggered in 33 countries.
If food inflation keeps accelerating at its current rate ``the consequences will be terrible,'' Strauss-Kahn told reporters at the IMF's semi-annual meeting in Washington today. ``Hundreds of thousands of people will be starving, leading to a disruption in the economic environment.''
Posted by
blogger
at
4/13/2008
53
comments
Labels: credit crisis, dollar downfall, global imbalances, inflation makes you feel rich until it destroys you, ricePANIC
April 12, 2008
Here's some raw footage from the food riots in Haiti - coming to a country near you
To go from Casey Serin buying up homes in California he couldn't pay for with liar's loans, to food riots in Haiti and rice shortages in Asia, who'd have thunk. But like six degrees of Kevin Bacon, you can get from A (housing bubble) to F (food riots) pretty quick if you work it through.
And remember, everytime you put ethanol in your SUV, you starve someone somewhere.
Posted by
blogger
at
4/12/2008
20
comments
Labels: casey serin destroyed the world financial system, credit bubble, food riots, global imbalances, ricePANIC


