Monsanto

GM Food Increases Body Weight in Rats

At bottom, centralization is the foundation for the collectivist fallacy; that there is a “greater good” that must be maintained by the establishment.  This process makes the establishment indispensable in the minds of the public.  The elites in power today have chosen environmental dogma as their version of the “greater good”, because the “end of the world as we know” can be used to rationalize almost any brand of despotic behavior, from food and water rationing as a method for social conditioning, to population control or even depletion in the name of “saving the planet”.  Always beware the true motivations of any governing institution that seeks to assert itself as the purveyor of all that is “best” for the people.  Such groups are rarely if ever what they seem…

Under any collectivist society, the act of non-participation is always painted as an attack on the group.  In a fully interdependent system, refusing to contribute automatically hurts others, and therefore, makes you a criminal by default.  These systems are built this way deliberately, in order to control a population by exploiting their sense of innate guilt.  The DHS may claim a limited involvement in globalization, restricted to security issues, but the very process of integration with the international corporate framework as well as foreign institutions makes the agency a catalyst for forced collectivism.  Bombs in shipping containers (the bombs we’re supposed to believe are everywhere), do not warrant the massive shift of our security apparatus into a policy of global centralization.  In the end, this move on the part of the DHS has nothing to do with security, and everything to do with manipulating the attitude of the general public towards globalization.  It is much more difficult to challenge a methodology when that methodology is suddenly treated as a national security issue, and is defended by an army of bureaucrats and blue-shirted thugs.  When a world view is made violently essential to the very survival of a people, defiance is held tantamount to treason, and change, no matter how wise, becomes impossible.

Paging Mr. Mussolini ...

Here comes the Cavalry!

A lot of people—children of the ’70’s, I suppose—claim that judgment is a bad thing: “Don’t judge! You have no right to judge!” is their mantra. They insist that we as a society have no right to judge how they live, or more importantly what they do.  A lot of other people have taken up the same slogan, and adopted it as their own: People like Dick Cheney—like Monsanto and DuPont and BP, who poison us with impunity—like the oil and gas companies carrying out “fracking”, which is causing earthquakes and flammable water on the East Coast—like the TBTF banks and the prop desks front-running their clients, or illegally foreclosing on homeowners—in short, people near the top of our social pyramid.  They have adopted the non-judgmental slogans: “Don’t judge! You have no right to judge! It’s not illegal! We’re not breaking the law! So don’t judge! Don’t judge!” they yell and scream as loud as they can. They seem so convincing, these slogans: It’s tempting to do what they ask—to not judge. Because judgment is hard. It’s far easier to passively accept a situation—to not pass judgment—to simply let it be—than to stand up, make a judgment, and then say it out loud.

• Merkel's Migraine: The Man Who Wants Greece to Give Up the Euro (Spiegel)
• Up to 15 years needed to fix Greece: German president (Reuters)
• Taxes still a stumbling block in debt talks (Reuters)
• EU stance shifts on Greece default (FT, first in the WSJ)
• EU calls emergency meeting as crisis stalks Italy (Reuters)
• China Boosts Lead in Global Exports (WSJ)
• Italy's Market Regulator Imposes Measures To Curb Speculation (WSJ)
• NOTW reporters tried to access 9/11 phone data (Reuters)
• Trichet says debt is global, not European problem (Reuters)

• Rice Supplies Tightening in China May Increase Imports, Bolster Inflation (Bloomberg)
• IMF warns US of global debt ‘shock’ (FT)
• China may widen yuan trading band soon-Bank of China (Reuters)
• Italy May Raise Trading Tax (WSJ)
• Deutsche Bank warns on voluntary rollover (FT)
• GOP wants Senate to cancel vacation (Washington Times)
• As QE2 ends, market debates Fed's next move (Reuters)
• Greek parliament expected to endorse second bill (Reuters)
• Appeals Court Says Health Law Is Constitutional (WSJ)

Nothing is cheap in today’s investment world. Because of the trillions of currency units that governments all over the world have created – and are continuing to create – financial assets are grossly overpriced. Stocks, bonds, property, commodities and cash are no bargains. Meanwhile, real wages are slipping rapidly among those who are working, and a large portion of the population is unemployed or underemployed. The next chapter in this sad drama will include a rapid rise in consumer prices. At the beginning of this year, we saw the grains – wheat, corn, soybeans and oats – go up an average of 36% within one month. In the same time frame, hogs were up 30.7%. Copper was up 29.1%. Oil was up 14%. Cotton was up 118%. Raw commodities are the first things to move in an inflationary boom, largely because they’re essential to everything. Retail prices are generally the last to move, partly because the labor market will remain soft and keep that component down, and partly because retailers cut their margins to retain customers and market share. There are several alternatives to dealing with the question “What should I do with my money now?” – active business, entrepreneurialism, innovation, “hoarding” and agriculture. There’s obviously some degree of overlap with these things, but they are essentially different in nature.

Certain indication from the Fed that QE2 could end early would bring considerable unwinding, disproportionately biased towards commodities, as nobody on Wall Street is currently positioned for that.

Silver and particularly gold rose sharply on the release of the higher than expected UK inflation data. It showed that UK inflation quickened to 26 month highs at 4.0%. Currency debasement and higher food and energy prices are leading to an inflation surge in both developed and emerging markets. The Chinese inflation data appears to be even more misleading and manipulated than that in western economies. Many governments are attempting to manage consumers perceptions regarding the significant increase in the cost of living as fiat currencies are debased. Silver is now less than 2% from its 30 year nominal high of $31.25/oz seen at the start of the year and looks set to challenge and surpass this level in the coming days due to continued robust physical demand (both investment and industrial) and the fact that the futures market is seeing some big money go long again after the recent correction. Silver remains in backwardation with spot trading at $30.68/oz while the July 11 contract trades at $30.55/oz and the December 14 at $30.40/oz.

Renowned behavioral economist debunks another myth ...

When bipartisanship breaks out in Washington DC, check to make sure your wallet is still in your pocket. Every time you fill up your car this winter you are participating in the biggest taxpayer swindle in history. Forcing consumers to use domestically produced ethanol is one of the single biggest boondoggles ever committed by the corrupt brainless twits in Washington DC. Ethanol prices have soared 30% in the last year as the supplies of corn have plunged. Only a policy created in Washington DC could drive up the prices of gasoline and food, with the added benefits of costing the American taxpayer billions in tax subsidies and killing people in 3rd world countries.

Interestingly, the esteemed economist John Maynard Keynes considered the love of money a form of mental illness. Our need for money becomes the ‘hook’ through which the Big Wetikos (who control the supply and value of money) can ‘yank our leash’ and manipulate humanity.

Not left versus right, but Oligarchy versus the American people ...