Wednesday, July 2, 2008

The agency doesn’t believe financial investors are driving up grain prices. Prices have doubled, people are starving, and the Bush troop is still parroting the same worn party-mantra. Its maddening.

The US has been gaming the system for decades; sucking up two-thirds of the world’s capital to expand its cache of Cadillac Escalades and flat-screen TVs; giving nothing back in return except mortgage-backed junk, cluster bombs, and crummy green paper. Nothing changes; it only gets worse.

But this time its different. The world is now facing the very real prospect of famine on a massive scale because twelve doddering old banksters at the Federal Reserve would rather bailout their sketchy friends then save the lives of starving women and children. Bernanke now has an opportunity to send more people to their eternal reward than Bush with one swipe of the pen. If he cut rates; the dollar will fall, commodities will spike, and people will starve. It’s as simple as that.

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