Friday, February 11, 2011
 DAY OF RAGE IN EGYPT- Okay- I have been holding this story back for 2 weeks- it’s been reported primarily thru the financial shows [cnbc, Bloomberg] The only cable news guy that I saw cover it was Dylan Rattigan [MSNBC]. The story is that this administration made real decisions that have added to the very real discontent and rage that we are presently seeing in the world. I was waiting to see how long it would take before Rush, Beck or Hannity would catch on- as far as this morning they have not. A few months back this administration sat back as the Federal Reserve [Yes- I know there supposed to be independent] printed 600 billion dollars of new money. We were in a dispute with China’s fiscal policy- they are keeping their Yen low, artificially, and we wanted them to stop manipulating their currency. Why? When one country [a major trade partner] does this- that makes their goods cheap and ours more expensive. We already have a huge trade imbalance with China, and this makes it worse. So China ignored our pleas [a common response from more nations as the days go by] and Ben Bernanke- the Fed. Chairman announced we would print 600 billion dollars- just make more money! Now- many economists warned that if you do this- you will be creating lots of ‘fake cash’ and this money will flow into commodities- in essence this policy can cause the food prices to increase dramatically on the world market- creating an atmosphere of unrest through the world. Just yesterday I read in the business section how food prices have soared on the global market. Some of it has to do with the clean energy policies of this administration [yes- again]. Over these last few years many environmentalists have pushed Ethanol [corn for fuel]. Al Gore has since come out and publicly admitted that they [the environmentalists] have made a major mistake in doing this. Why? We have found out that in the production process of the fuel- it still creates a huge amount of pollution- factors we didn’t know at first. Second- this new demand for corn has drastically raised the price of corn on the world market- corn is one of the major factors for food prices- not just because we eat it- but it is a major source of feed for Cows, Chickens, etc. in essence this policy [introducing corn as fuel into the world markets] has drastically increased world food prices- which is one of the major reasons for the protests going on both in Egypt and the world- yes many countries have stated that they are actually starving over this- they make a couple of dollars a day, their price to eat has gone up drastically- and many protestors have taken to the streets because of this. Ben Bernanke was asked about this point blank by a reporter- he denied the logic. This story is very real- it is not the conspiracy theories that we are hearing in the conservative media- it is a very real prediction that was made by moderate financial gurus- they said these policies would cause real inflation that could create instability in the world- they were indeed correct. The U.S. supply of corn is at its lowest in 15 years, the projected orders for corn this year have risen 8 %- to 13 billion bushels. We are estimated to have a reserve of 675 million bushels by august [when the harvest begins for corn] that’s about 5 % of all the corn that will be consumed- the lowest levels since 1996. Corn prices have doubled in the last 6 months- from $3.50 a bushel to $7.00. We have made global decisions, based on certain ideological views- that have indeed caused people to die- for real. Now- the Egypt crisis. I was shocked to hear Mubarak’s speech yesterday- I thought he was stepping down [as did Obama] and instead he shoved it in their faces. The Egyptian leadership has told us, in public, to bud out of their country. The Saudis have told Egypt they will replace the billion dollars of annual foreign aid if the U.S. threatens to stop the aid. Mubarak and Suleiman have told the U.S. news [cable] coverage to bud out. And right after the speech- Chris Matthews from MSNBC says on the air ‘I guess he’s telling the protestors they are going to have to kill him’ this man needs to be pulled off the air- immediately- before he starts world war 3 [no joke]. Obviously we have had lots of missteps, president Obama has very much mishandled things- you do not send Robert Gibbs out to the media to say ‘he needed to go- yesterday’ this nation [as well as Jordan, Saudi Arabia, Iraq- yes, why are the media not covering the actual street protestors in Iraq- protesting the guys we installed!] these nations are going to do all that they can to maintain power- the worst one of all- Iran- was the only one that got a free pass when their citizens protested in the streets! Yes- of course we have blown it- lots. Having said all this- we as a nation need to back the democratic process for all these people. They have been abused by tyrants- killed- limbs chopped off- secret govt. police coming to your door at midnight- taking you away never to be seen again- we need to side with the people- these protests are not about radical Islam- they are people starving- living in oppression- desiring to be free- it’s a travesty to the highest degree that we [both Democratic and Republican presidents] have been in bed with these tyrants for all these years- the chickens are coming home to roost- and it’s time for some national repentance.