Saturday, September 5, 2009

Obamanomics: Here Come the Food Shortages

[Analyst's Note: Alarming article with some comparison between Obamanomics and how Stalin took over farms in Russia. It predicts a severe food shortage.]

While all eyes are on Wall Street, watching for even the faintest signal that the economy will recover as promised by Barack Obama, no one is paying attention to what is happening on the Chicago Board of Trade (CBOT). Here's a clue. It doesn't matter what happens on Wall Street. The big players and the big money have abandoned stocks in favor of commodities. Commodities aren't something the average American understands, let alone associates with wealth. But it is commodities, the tack and trade of big agribusiness and big Government, that are the backbone of the economy. And what is happening there is beyond alarming. There's a food shortage coming to America.
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