Hunger, shortages and Wall Street

What can we expect of a capitalist system gorging itself on the misery of others? The energized “food speculators” have found another way now to skim money off of commodities (and off those producing them) by racing out of their burnt down, failing criminal derivatives scams – that are and will continue to cause job loss, retirement and savings loss, home equity loss – and into food.

This should be stopped immediately by Congress in the interests of the nation and the poorest countries that are now experiencing riots and unrest over high prices and shortages. But you can bet the millionaires in Congress are profiting from this hideous behavior and won’t do a god damn thing about it other than throw money, our money, at it. Worthless solutions from bankrupt minds.The liars in the mainstream media blame everything else but the real cause …the Wall Street vipers. This is our American culture …profit at all and any costs.

Ethanol is turning out to be a speculative tool as well, besides taking land away from corn grown for cattle feed and humans. Sugar cane, other forms of bio-fuel will become speculator targets as well. Even water! All of this investing in commodities is driven by the falling dollar created by the Fed who crashed the dollar!! Lowering interest rates and opening cheap credit windows to Wall Street floods the economy with more worthless paper. This is driving the commodities bubble as well. Investors are trying to hedge against losses from the subprime/derivatives scams. It’s all related… not as the mainstream news claims that weather or high oil prices are driving this. Bullpucky.

“According to Grünewald, “Raw materials are the mega-trend of the decade,” and his company intends to intensify its involvement in both water and agricultural stocks. MIC investment in wheat alone has already yielded profit levels of 93 percent for the 2,500 members of the club.” – WSWS

Read these two articles and see if Wall Street is mentioned: NY Sun: food rationing or Yahoo: food crisis.

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