Be INFORMED

Thursday, April 24, 2008

Worldwide Food Woes In America

    Say what you will, but you and I are getting the short end of the stick when it comes to food prices and the nutty rise they have taken.

   But, before we go there, let's look at what our two biggest retail chains are doing.

   Sam's Club and Costco both, on Wednesday, have placed limits on how much rice their consumers can purchase at one time. The Sam's Club rice limits affect their 20-pound bags at this point in time and not the smaller retail sizes, so you and I can still go and get as many 1-pound or 5-pound bags of Uncle ben's that we want. I wonder how long that will last?

   The rationing is due to the rising price of rice ( 70% this year ) and the demand for the product. At this time, no-one is expecting a lack of product for the consumer.

Sam's Club said it will limit customers to four bags at a time of imported jasmine, basmati and long grain white rice.

USA Rice Federation spokesman David Coia said there is no rice shortage in the United States.

"It's possible that small restaurants and bodega-type neighborhood stores may be purchasing rice in larger quantities than they do typically to avoid higher prices," Coia said about the warehouse chain restrictions.   

The steep increases have followed similar jumps in the price of wheat, corn and soybeans that have added to Americans' growing grocery bill and led to violent food riots in poor countries including Haiti, Senegal and Pakistan.  YahooNews

  Let's see now. We have a very lousy economy in the making. We are losing our employment left and right. We are losing our homes. Gas for the car or truck are spinning out of control and our grocery bill seems to go up every week.

    I see the 1970's all over again with a few added twist this time around. Instead of stealing gasoline from cars or shooting people at the pumps for their fuel, we'll now have to worry about some poor unemployed, starving human being who's wanting to take what we have so that he/she can feed their family.

    This will get ugly people. The United States is about to become the richest third-world country on the planet with a group of morons running the show from Washington.

News For You

 Associated Press

MADISON, Wis. - The U.S. military's health insurance program has been swindled out of more than $100 million over the past decade in the Philippines, where doctors, hospitals and clinics have conspired with American veterans to submit bogus claims, according to prosecutors and court records.
Seventeen people have been convicted so far -- including at least a dozen U.S. military retirees -- in a little-noticed investigation that has been handled by federal prosecutors out of Wisconsin because a Madison company holds the contract to process many of the claims. It has not been accused of any wrongdoing.

U.P.I.

FORT LAUDERDALE, Fla., April 23 (UPI) -- A South Florida man has been acquitted of harassing a former girlfriend by distributing fliers that said she had given him herpes.
A jury found Hance Adams not guilty of all charges Tuesday, including criminal libel, the Miami Herald reported Wednesday. He was also charged with child abuse because fliers were left at the school attended by the woman's son.

USAToday

The Government Accountability Office estimates that more than 60,000 federal contractors owe $7.7 billion in back taxes. An additional $1 billion is owed by health care providers who receive Medicare funds, the GAO says. An undetermined amount of farm subsidies, small-business loans and other benefits flow to companies that owe taxes. These taxes are part of about $300 billion in taxes that go unpaid every year, the Internal Revenue Service estimates.