Foodflation

Infographic: Foodflation – Since QE3, Breakfast Is Up Over 24%

Having pointed out the ‘surges’ in the cost of your 4th of July burger at the behest of Greenspan and Bernanke, we thought a reflection on the soaring costs of ‘the most important meal of the day’ were in order. As the following chart illustrates in words and pictures even a PhD Fed economist or CNBC…

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Food Insecurity

Epidemic Of Hunger: New Report Says 49 Million Americans Are Dealing With Food Insecurity

If the economy really is “getting better”, then why are nearly 50 million Americans dealing with food insecurity? In 1854, Henry David Thoreau observed that “the mass of men lead lives of quiet desperation”. The same could be said of our time. In America today, most people are quietly scratching and clawing their way from…

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Food Inflation

Soaring Food Inflation Full Frontal: Beef, Pork And Shrimp Prices Soar To Record Highs

  We previously noted that both beef and pork (courtesy of the affectionately named Porcine Epidemic Diarrhea virus) prices have been reaching new all time highs on an almost daily basis. It is time to update the chart. Below we show what a world in which the Fed is constantly lamenting the lack of inflation looks like for beef…

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USDA Bans Junk Food in Schools – Will Salty Snacks Move to Black Market?

  If public school kids thought their “Let’s Move” lunches were bad before, just wait until they find out what’s in store for them this school year: starting in July, no more junk food anywhere in school vending machines, stores or lunchrooms and draconian calorie, sugar and salt limits on any food sold at schools. Schools that don’t…

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GMO Skull and Crossbones

Maui Petition Launched to Fight GMO: Battle Lines Drawn, Monsanto Responds

  This week, a petition carrying 9,500 signatures was submitted to officials in Maui County, Hawaii. The petition is in an effort to suspend genetically modified crops on the island, and would put the proposal before voters in November. Monsanto isn’t taking all of this citizen-action sitting down, saying the potential ban is “a terrible…

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Avoiding GMOs

  As the GMO (genetically-modified organism) conversation begins to heat up, and more states introduce bills that would require the labeling of GMOs, I wanted to throw together a quick reference for those of us looking to avoid them in our diet more promptly. So what exactly are genetically-modified organisms? The Non-GMO Project defines them as “plants or…

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Walmart Admits in its Annual Report that its Profits Depend Heavily on Corporate Welfare

Following up from my post earlier today, A First Look at a New Report on Crony Capitalism – Trillions in Corporate Welfare, some really juicy additional corporate welfare queen news has now come across my screen. It appears that Walmart has admitted the potentially severe adverse impact a reduction in food stamp payments could have on…

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GMOs could cause ‘irreversible termination of life’ on Earth, risk expert warns

When discussing the issues surrounding genetically modified organisms (GMOs) — that is, organisms bearing the genetic traits of other species or bacteria — the focus is typically on how safe (or unsafe) these novel, food-like products are for humans. But distinguished risk engineer and two-time best-selling author Nassim Taleb thinks an even bigger problem with…

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