Source: WorldNetDaily
A Wall Street Journal columnist has advised people to “start stockpiling food” and an ABC News Report says “there are worrying signs appearing in the United States where some … locals are beginning to hoard supplies.” Now there’s concern that the U.S. government may be competing with consumers for stocks of storable food. “We’re told that the feds bought the entire container of canned butter when it hit the California docks. (Something’s up!),” said officials at Best Prices Storable Foods in an advisory to customers. Spokesman Bruce Hopkins told WND he also has had trouble obtaining No. 10 cans of various products from one of the world’s larger suppliers of food stores, Oregon Freeze Dry.

He said a company official told him on the telephone when he discussed the status of his order that it was because the government had purchased massive quantities of products, leaving none for other customers. That, however, was denied by Oregon Freeze Dry. In a website statement, the company confirmed it cannot assure supplying some items to customers. “We regret to inform you Oregon Freeze Dry cannot satisfy all Mountain House #10 can orders and we have removed #10 cans from our website temporarily,” the company tells frustrated customers. “The reason for this is sales of #10 cans have continued to increase. OFD is allocating as much production capacity as possible to this market segment, but we must maintain capacity for our other market segments as well.”

The company statement continues, “We want to clarify inaccurate information we’ve seen on the Internet. This situation is not due to sales to the government domestically or in Iraq. We do sell products to this market, but we also sell other market segments … The reason for this decision is solely due to an unprecedented sales spike in #10 cans sales. “We expect this situation to be necessary for several months although this isn’t a guarantee. We will update this information as soon as we know more. We apologize for this inconvenience and appreciate your patience. We sincerely hope you will continue to be Mountain House customers in the future,” the company statement said. But Hopkins wasn’t backing away from his concerns. “The government just came in and said they’re buying it. They did pay for it,” he told WND about the summertime shipment of long-term storage butter. “They took it and no one else could have it.

“We don’t know why. The feds then went to freeze dried companies, and bought most of their canned stock,” he said. A spokeswoman for Oregon Freeze Dry, sales manager Melanie Cornutt, told WND that the increasing demand for food that can be stored has been on the rise since Hurricane Katrina devastated large sections of the Gulf Coast, cutting off ordinary supply routes. “We are currently out of stock on our cans. We are not selling any of our cans,” she confirmed. She then raised the issue of government purchases herself. “We do sell to the government [but] it is not the reason [for company sales limits],” she said. Officials with the Federal Emergency Management Agency told WND whatever government agency is buying in a surge it isn’t them. They reported a stockpile of about six million meals which has not changed significantly in an extended period. But Hopkins said it was his opinion the government is purchasing huge quantities of food for stockpiles, and Americans will have to surmise why.

“We don’t have shelters that [are being] stocked with food. We’re not doing this for the public. My only conclusion is that they’re stocking up for themselves,” he said of government officials. Blogger Holly Deyo issued an alert this week announcing, “Unprecedented demand cleans out major storable food supplier through 2009.” “It came to our attention today, that the world’s largest producer of storable foods, Mountain House, is currently out of stock of ALL #10 cans of freeze dried foods, not just the Turkey Tetrazzini. They will NOT have product now through 2009,” she said. “This information was learned by a Mountain House dealer who shared it with me this morning. In personally talking with the company immediately after, Mountain House verified the information is true. Customer service stated, ‘I’m surprised they don’t have this posted on the website yet.’ She said they have such a backlog of orders, Mountain House will not be taking any #10 can food requests through the remainder of this year and all of the next.

“Mountain House claims this situation is due to a backlog of orders, which may very well be true, but who is purchasing all of their food? This is a massive global corporation. “One idea: the military. Tensions are ramping up with Iran and news segments debate whether or not we will implement a preemptive strike in conjunction with Israel,” she wrote. Hopkins raised some of the same concerns, suggesting a military conflict could cause oil supplies to plummet, triggering a huge increase in the cost of food – when it would be available – because of the transportation issues. The ABC report from just a few weeks ago quoted Jim Rawles, a former U.S. intelligence officer who runs a survival blog, saying food shortages soon could become a matter of survival in the U.S. “I think that families should be prepared for times of crisis, whether it’s a man-made disaster or a natural disaster, and I think it’s wise and prudent to stock up on food,” he told ABC.

“If you get into a situation where fuel supplies are disrupted or even if the power grid were to go down for short periods of time, people can work around that,” he said. “But you can’t work around a lack of food – people starve, people panic and you end up with chaos in the streets.” At his California ranch, the location of which is kept secret, he said, “We have more than a three-year supply of food here.” In the Wall Street Journal, columnist Brett Arends warned, “Maybe it’s time for Americans to start stockpiling food. “No, this is not a drill,” he wrote. His concern was about various food shortages around the globe, and the fact that in a global market, prices in the U.S. reflect difficulties in other parts of the world quickly.

Professor Lawrence F. Roberge, a biologist who has worked with a number of universities and has taught online courses, told WND he’s been following the growing concern over food supplies. He also confirmed to WND reports of the government purchasing vast quantities of long-term storable foods. He said that naturally would be kept secret to avoid panicking the public, such as when word leaks out to customers that a bank may be insolvent, and depositors frantically try to retrieve their cash.
Also See: US, UK, France, prepare to attack Iran?

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Posted by markw, filed under News. Date: July 24, 2008, 12:33 pm | 43 Comments »

Los Angeles Times
Depositors of failed IndyMac Bank endured long waits in the summer heat for a second day Tuesday, with crowds becoming irate at several branches and customers with large accounts complaining of serious problems in getting their money. Banking experts said the chaotic scenes risked touching off runs on other banks unless federal regulators quickly cashed out insured accounts and gave depositors accurate information about their funds. The Federal Deposit Insurance Corp. took over Pasadena-based IndyMac late Friday and has assured depositors that accounts with $100,000 held in a single name or $250,000 in a retirement account are safe.

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But many customers have said that when they checked their balances online, tens of thousands of dollars appeared to be missing. And when they went to branches in search of answers, they encountered lines hundreds of people deep and unhelpful staff members. On Tuesday, reports of unruly crowds brought police to branches in Encino and Northridge, although there were no arrests or injuries. Noelle Gabay of Northridge, a budget analyst for the state of California, said FDIC officials acknowledged that she was owed $213,500 but provided her access only to $99,000. “My trust in the FDIC is gone,” said Gabay, 49. “The question is now, where do we put our money? Do we buy a bigger mattress?” More

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Posted by markw, filed under Economy. Date: July 16, 2008, 10:36 am | No Comments »

Photo Benno Hansen<
Leon Fisher
Regardless of whether the criminal cabal which has seized the Government of the United States proceeds with their intention to expand the war in the Mideast with an attack upon Iran, it is only a matter of time before the Country goes into a full blown depression.

While an expansion of the war into Iran would doubtless speed up the economic ruin of the United States, the die is already cast and there is no turning back. So weakened has the economy of the United States become since the implementation of so called Free Trade, as well as the lifting of regulations governing the excesses of Wall Street, no matter which political party dominates Congress and the White House and regardless of what measures they may implement, it will be
too little, too late.

If an attack on Iran does not materialize, then the price the American people will have to pay will be mostly economic. Rising unemployment, inflation, food shortages, and ever rising fuel prices will all contribute to lower the standard of living for most Americans. More

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Posted by markw, filed under Economy, Politics/Religion. Date: May 26, 2008, 5:18 pm | No Comments »

From correspondents in Beijing
May 13, 2008 04:39am

news.com.au
TRANSPORT and communications networks around China were thrown into chaos after a powerful earthquake struck the south-west, killing more than 8700 people, witnesses and media said.

Yesterday’s 7.8-magnitude quake jolted Wenchuan, a mountainous region in Sichuan province, just before 2.30pm (4.30pm AEST). The death toll in Sichuan alone came to 8533 people, according to state-run Xinhua news agency, citing the national disaster relief headquarters. Thirty-one passenger trains and 149 cargo trains were stranded, Xinhua said. Read more

Quake separates family: See direct China feed through CNN Video.

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Posted by markw, filed under News. Date: May 12, 2008, 4:07 pm | No Comments »


SBS World News Australia (11/05/08)

Last Modified: 11 May 2008
By: Jonathan Miller
David Miliband accuses Burma of “malign neglect” and says it’s turning a disaster into a “humanitarian catastrophe of epic proportions”.

Miliband said limited international aid is now getting through - though leading aid agencies warned that 1.5 million people are now at risk of dying from disease. So far three Red Cross aid flights have arrived in Rangoon, with seven more due tomorrow. Read more

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Posted by markw, filed under News, Video. Date: May 11, 2008, 2:17 pm | No Comments »