American Samizdat

Wednesday, March 30, 2011. *
Chips are disappearing from bags, candy from boxes and vegetables from cans. As an expected increase in the cost of raw materials looms for late summer, consumers are beginning to encounter shrinking food packages.

With unemployment still high, companies in recent months have tried to camouflage price increases by selling their products in tiny and tinier packages. So far, the changes are most visible at the grocery store, where shoppers are paying the same amount, but getting less.

If the NYT's had any real reporters, or investigative journalists, they'd tell you that the US TOBACCO giant Philip Morris bought very large chunks into our food supply by buying Kraft-Nabisco. That's right, the cigarette companies now own your food.

The CEOs of the country's 7 largest tobacco companies, known as "The Seven Dwarves", perjure themselves before congress
posted by Uncle $cam at 9:06 AM
Anonymous Anonymous said...
The speculators haven't jumped into the world food system with both feet yet.

They have been too busy buying land, water rights and politicians in third world countries to tie up future food supplies.

When they go at the food supplies available, it will be just like Argentina was when their economy went south.

The big international groups, IMF and World Bank, decided that the Argentines needed a bigger capital base and encouraged the speculators to buy up food supplies. This lead to enormous profits for the speculators. People died in the streets of starvation for the greedy.

In the country that had the highest food production to people ratio in the world.

So, a million people die of greed, the casually evil speculators will still want their pounds of flesh.
12:42 PM  
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