<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>From 10,000 Feet &#187; Commodities</title>
	<atom:link href="http://theforerunnerproject.com/news/category/food-and-commodities/feed/" rel="self" type="application/rss+xml" />
	<link>http://theforerunnerproject.com/news</link>
	<description>Forersight for Forerunners</description>
	<lastBuildDate>Mon, 21 Nov 2011 21:02:54 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.2.1</generator>
		<item>
		<title>How to Beat World-Wide Food Inflation</title>
		<link>http://theforerunnerproject.com/news/2011/02/26/how-to-beat-world-wide-food-inflation/</link>
		<comments>http://theforerunnerproject.com/news/2011/02/26/how-to-beat-world-wide-food-inflation/#comments</comments>
		<pubDate>Sun, 27 Feb 2011 00:44:56 +0000</pubDate>
		<dc:creator>MediaGuy</dc:creator>
				<category><![CDATA[Better ways to live]]></category>
		<category><![CDATA[Commodities]]></category>
		<category><![CDATA[Financial Markets]]></category>
		<category><![CDATA[From 10,000 Feet]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Inflation]]></category>

		<guid isPermaLink="false">http://theforerunnerproject.com/news/?p=88</guid>
		<description><![CDATA[The UN Food and Agriculture Organization recently reported that world food prices had risen 3.4% in January (the seventh monthly increase in a row) to the highest level since records began in 1990. Continued increases are expected. Food prices have proven to be the underlying motivation for civil unrest in Egypt, Tunisia, Morocco, Algeria, Pakistan, [...]]]></description>
			<content:encoded><![CDATA[<p>The UN Food and Agriculture Organization recently reported that world food prices had risen 3.4% in January (the seventh monthly increase in a row) to the highest level since records began in 1990. Continued increases are expected. Food prices have proven to be the underlying motivation for civil unrest in Egypt, Tunisia, Morocco, Algeria, Pakistan, Jordan, and Yemen and more uprisings are expected in countries around the world. Indonesia and Thailand have been rationing staples for more than a year. Here in Canada, the increases have been slightly less but substantial enough for people to notice the difference when they go to the grocery store. What is the future of food, what is happening, and what can we do?</p>
<p>The general consensus outside the US is that the problem is caused by US monetary policy. Printing  $600B (QE 2) and the very loose lending policies of the Federal Reserve aimed at resuscitating the US economy have caused inflation and the destabilisation of world currencies. French President Sarkozy  and G20 head has pointed his finger at food speculators. Inside the US, Federal Reserve Chairman, Ben Bernanke, and Noble Prize winning economist and New York Times columnist, Paul Krugman, have redirected the attention from US policy to drought and reduced supply. They also claim that countries have the option of appreciating their currency to offset the policies of the US; however, that would also kill their exports.</p>
<p>From the ground-level, the problem seems like a complicated stand-off between the interests of the US government and the rest of the world. The flaws in globalization and the world currency system are not going to be resolved by you and me. It is obvious from 10,000 feet, however, that the solution for us is to de-couple ourselves from the world in strategic areas such as food and regain our sovereignty.  It is not likely the Canadian government is going to do that. There have been many forward thinking outsiders (forerunners) warning about the need for food sovereignty for years with little response. So what can you do?</p>
<p>The lifestyle of Canadians has become increasingly dependent on others to supply their basic needs. Urban living has made us dependent on food which has been grown far away. Being linked to and dependent on the rest of the world to feed us makes us vulnerable to soaring prices and disruption in supply caused by war, drought, transportation problems, and political and social upheavals, to name only a few. Globalization has given us a world of reasons why we should take care of ourselves, particularly in the production of food.</p>
<p>If you grow your own food, you remove the impact of subsidies, transportation costs, carbon emissions, trade barriers, speculators, shortages, wars, earthquakes &#8211;  effectively all the obstacles!</p>
<p>There are many highly developed techniques for growing your own food such as “square foot gardening” and “intensive gardening” which make the process simple and give incredible yields. Growing food is therapeutic and giving some of it away, as most home gardeners do because they have too much, is joy to the giver and receiver. Growing your own food also reduces pressures on existing supplies, thus leaving food for others who are hungry. By helping yourself, you help others &#8211; it is a win-win solution. Now is a good time to start planning a garden.</p>
<p>If, however, you can’t grow your own food, the next best solution is to buy it from local producers. There are many cooperatives and farm-gate growers in our township and we need to support them and encourage more food suppliers in our area to sell locally. We have some of the best land in the province and it could feed us and much of the country.  Small farms produce many times more food per acre than industrialized farms, making them quite profitable.</p>
<p>It is convenient to buy garlic from China but when you compare the quality and the price, Canadian garlic is still the better deal. Some things are a little more expensive when they are grown here, but there are other values to consider. When you buy imported food, the money leaves the community, but when you buy local, all of the money stays right here. Hidden subsidies create inequities between foreign and local pricing. Food production and food sovereignty should be part of our federal government’s policies and commitment to protect Canadian food growers. Our region should also develop plans and incentives to stimulate the growing of food locally.</p>
<p>By growing our own food and taking care of ourselves, we become positioned to take care of others. We also regain control of our lives and strengthen our community.  Buying and supplying our food locally is a powerful solution anyone can use to overcome soaring food prices.</p>
<p>How to Beat World-Wide Food Inflation</p>
<p>The UN Food and Agriculture Organization recently reported that world food prices had risen 3.4% in January (the seventh monthly increase in a row) to the highest level since records began in 1990. Continued increases are expected. Food prices have proven to be the underlying motivation for civil unrest in Egypt, Tunisia, Morocco, Algeria, Pakistan, Jordan, and Yemen and more uprisings are expected in countries around the world. Indonesia and Thailand have been rationing staples for more than a year. Here in Canada, the increases have been slightly less but substantial enough for people to notice the difference when they go to the grocery store. What is the future of food, what is happening, and what can we do?</p>
<p>The general consensus outside the US is that the problem is caused by US monetary policy. Printing  $600B (QE 2) and the very loose lending policies of the Federal Reserve aimed at resuscitating the US economy have caused inflation and the destabilisation of world currencies. French President Sarkozy  and G20 head has pointed his finger at food speculators. Inside the US, Federal Reserve Chairman, Ben Bernanke, and Noble Prize winning economist and New York Times columnist, Paul Krugman, have redirected the attention from US policy to drought and reduced supply. They also claim that countries have the option of appreciating their currency to offset the policies of the US; however, that would also kill their exports.</p>
<p>From the ground-level, the problem seems like a complicated stand-off between the interests of the US government and the rest of the world. The flaws in globalization and the world currency system are not going to be resolved by you and me. It is obvious from 10,000 feet, however, that the solution for us is to de-couple ourselves from the world in strategic areas such as food and regain our sovereignty.  It is not likely the Canadian government is going to do that. There have been many forward thinking outsiders (forerunners) warning about the need for food sovereignty for years with little response. So what can you do?</p>
<p>The lifestyle of Canadians has become increasingly dependent on others to supply their basic needs. Urban living has made us dependent on food which has been grown far away. Being linked to and dependent on the rest of the world to feed us makes us vulnerable to soaring prices and disruption in supply caused by war, drought, transportation problems, and political and social upheavals, to name only a few. Globalization has given us a world of reasons why we should take care of ourselves, particularly in the production of food.</p>
<p>If you grow your own food, you remove the impact of subsidies, transportation costs, carbon emissions, trade barriers, speculators, shortages, wars, earthquakes &#8211;  effectively all the obstacles!</p>
<p>There are many highly developed techniques for growing your own food such as “square foot gardening” and “intensive gardening” which make the process simple and give incredible yields. Growing food is therapeutic and giving some of it away, as most home gardeners do because they have too much, is joy to the giver and receiver. Growing your own food also reduces pressures on existing supplies, thus leaving food for others who are hungry. By helping yourself, you help others &#8211; it is a win-win solution. Now is a good time to start planning a garden.</p>
<p>If, however, you can’t grow your own food, the next best solution is to buy it from local producers. There are many cooperatives and farm-gate growers in our township and we need to support them and encourage more food suppliers in our area to sell locally. We have some of the best land in the province and it could feed us and much of the country.  Small farms produce many times more food per acre than industrialized farms, making them quite profitable.</p>
<p>It is convenient to buy garlic from China but when you compare the quality and the price, Canadian garlic is still the better deal. Some things are a little more expensive when they are grown here, but there are other values to consider. When you buy imported food, the money leaves the community, but when you buy local, all of the money stays right here. Hidden subsidies create inequities between foreign and local pricing. Food production and food sovereignty should be part of our federal government’s policies and commitment to protect Canadian food growers. Our region should also develop plans and incentives to stimulate the growing of food locally.</p>
<p>By growing our own food and taking care of ourselves, we become positioned to take care of others. We also regain control of our lives and strengthen our community.  Buying and supplying our food locally is a powerful solution anyone can use to overcome soaring food prices.</p>
<p>How to Beat World-Wide Food Inflation</p>
<p>The UN Food and Agriculture Organization recently reported that world food prices had risen 3.4% in January (the seventh monthly increase in a row) to the highest level since records began in 1990. Continued increases are expected. Food prices have proven to be the underlying motivation for civil unrest in Egypt, Tunisia, Morocco, Algeria, Pakistan, Jordan, and Yemen and more uprisings are expected in countries around the world. Indonesia and Thailand have been rationing staples for more than a year. Here in Canada, the increases have been slightly less but substantial enough for people to notice the difference when they go to the grocery store. What is the future of food, what is happening, and what can we do?</p>
<p>The general consensus outside the US is that the problem is caused by US monetary policy. Printing  $600B (QE 2) and the very loose lending policies of the Federal Reserve aimed at resuscitating the US economy have caused inflation and the destabilisation of world currencies. French President Sarkozy  and G20 head has pointed his finger at food speculators. Inside the US, Federal Reserve Chairman, Ben Bernanke, and Noble Prize winning economist and New York Times columnist, Paul Krugman, have redirected the attention from US policy to drought and reduced supply. They also claim that countries have the option of appreciating their currency to offset the policies of the US; however, that would also kill their exports.</p>
<p>From the ground-level, the problem seems like a complicated stand-off between the interests of the US government and the rest of the world. The flaws in globalization and the world currency system are not going to be resolved by you and me. It is obvious from 10,000 feet, however, that the solution for us is to de-couple ourselves from the world in strategic areas such as food and regain our sovereignty.  It is not likely the Canadian government is going to do that. There have been many forward thinking outsiders (forerunners) warning about the need for food sovereignty for years with little response. So what can you do?</p>
<p>The lifestyle of Canadians has become increasingly dependent on others to supply their basic needs. Urban living has made us dependent on food which has been grown far away. Being linked to and dependent on the rest of the world to feed us makes us vulnerable to soaring prices and disruption in supply caused by war, drought, transportation problems, and political and social upheavals, to name only a few. Globalization has given us a world of reasons why we should take care of ourselves, particularly in the production of food.</p>
<p>If you grow your own food, you remove the impact of subsidies, transportation costs, carbon emissions, trade barriers, speculators, shortages, wars, earthquakes &#8211;  effectively all the obstacles!</p>
<p>There are many highly developed techniques for growing your own food such as “square foot gardening” and “intensive gardening” which make the process simple and give incredible yields. Growing food is therapeutic and giving some of it away, as most home gardeners do because they have too much, is joy to the giver and receiver. Growing your own food also reduces pressures on existing supplies, thus leaving food for others who are hungry. By helping yourself, you help others &#8211; it is a win-win solution. Now is a good time to start planning a garden.</p>
<p>If, however, you can’t grow your own food, the next best solution is to buy it from local producers. There are many cooperatives and farm-gate growers in our township and we need to support them and encourage more food suppliers in our area to sell locally. We have some of the best land in the province and it could feed us and much of the country.  Small farms produce many times more food per acre than industrialized farms, making them quite profitable.</p>
<p>It is convenient to buy garlic from China but when you compare the quality and the price, Canadian garlic is still the better deal. Some things are a little more expensive when they are grown here, but there are other values to consider. When you buy imported food, the money leaves the community, but when you buy local, all of the money stays right here. Hidden subsidies create inequities between foreign and local pricing. Food production and food sovereignty should be part of our federal government’s policies and commitment to protect Canadian food growers. Our region should also develop plans and incentives to stimulate the growing of food locally.</p>
<p>By growing our own food and taking care of ourselves, we become positioned to take care of others. We also regain control of our lives and strengthen our community.  Buying and supplying our food locally is a powerful solution anyone can use to overcome soaring food prices.</p>
]]></content:encoded>
			<wfw:commentRss>http://theforerunnerproject.com/news/2011/02/26/how-to-beat-world-wide-food-inflation/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>HST – Too Good To Be True?</title>
		<link>http://theforerunnerproject.com/news/2010/07/12/hst-%e2%80%93-too-good-to-be-true/</link>
		<comments>http://theforerunnerproject.com/news/2010/07/12/hst-%e2%80%93-too-good-to-be-true/#comments</comments>
		<pubDate>Mon, 12 Jul 2010 18:50:02 +0000</pubDate>
		<dc:creator>MediaGuy</dc:creator>
				<category><![CDATA[Commodities]]></category>
		<category><![CDATA[Financial Markets]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[World Issues]]></category>
		<category><![CDATA[World Politics]]></category>

		<guid isPermaLink="false">http://theforerunnerproject.com/news/?p=51</guid>
		<description><![CDATA[The birth of HST in Ontario has arrived. I doubt if anyone will be handing out cigars &#8211; on second thought, maybe Dalton McGuinty will. Compared to British Columbia, the first step in selling the HST to Ontarians has gone down like an Oceans 11 movie. The tax will probably have a longer life than [...]]]></description>
			<content:encoded><![CDATA[<p>The birth of HST in Ontario has arrived. I doubt if anyone will be handing out cigars &#8211; on second thought, maybe Dalton McGuinty will. Compared to British Columbia, the first step in selling the HST to Ontarians has gone down like an Oceans 11 movie. The tax will probably have a longer life than any of us – sadly, taxes never die; and most of you will by now have received your “bribe cheque”, as many people are calling it. But I am wondering if a bribe today will quell the building anger over the next few months as people see the cost of living in Ontario go up yet again.</p>
<p>Brian Mulroney gave us GST. You may remember that he went from a majority government to holding his caucus meetings in a phone booth because of the hated tax. He never suspected that taxpayers were prepared to respond with such collective retaliation. He underestimated, or possibly misinterpreted just how strongly people felt about the issue even if they didn’t march in the street. It became a life lesson for every politician in Canada that we don’t always say everything we are thinking.</p>
<p>Although Wilmot Township’s taxpayers haven’t marched in the streets in a HST tax revolt (it just isn’t our style), I am convinced that the modest reaction to such a significant increase in taxes does not mean that we believe what we have been told about the tax. In fact, the most common response to questions about the tax is that people don’t believe the government about the personal impact of the HST. They are suspicious and cynical about the cost. They may have been reflecting on the Smart Meter Answer Book which Mr. McGuinty distributed across the province. We were told, as you may remember, that the new system was a way for us all to save money on our electric bill &#8211; NOT.  In reality, hydro prices for the same usage were increasing significantly. If you wanted to save money you would have to cook your meals and do your laundry between 9 pm and 7 am – a bit inconvenient for most of us to say the least. The “spin-doctors” where working overtime and what we were “sold” and what we got were very different.</p>
<p>With the G20 ending, some economists suggest that we have entered into a world-wide third depression which they are calling the Long Depression characterized by deflation and continued unemployment. Ontario’s manufacturing sector (our greatest strength) has been destroyed over the last 20 years by NAFTA and globalism in general. The challenges the province faces are of a grand scale and the remedies (if there are any) are multifaceted. Raising taxes seems like the easy way out again. But my conflict with Mr. McGuinty is that  we have been sold the HST with less than half truths; in particular, how higher taxes will increase employment and make all of Ontario more prosperous. If there was any truth to that, I would be the first to suggest doubling taxes. I understand the cynicism among taxpayers because what we are being sold and what we will get I think will be quite different.</p>
<p>Over the next few months the illusions about HST will fade and reality will become evident. If Mr. McGuinty has oversold his “product”  there will be a great deal of anger and possibly voter retaliation to a government which has “ zoomed” us yet again. Sadly, by then it will be too late for taxpayers. Rarely are bad taxes ever repealed even by the succeeding government. If nothing more, we will be reminded of the old adage: “if it sounds too good to be true, it probably is”.</p>
]]></content:encoded>
			<wfw:commentRss>http://theforerunnerproject.com/news/2010/07/12/hst-%e2%80%93-too-good-to-be-true/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Scoop on World Food Crisis</title>
		<link>http://theforerunnerproject.com/news/2008/06/04/the-scoop-on-world-food-crisis/</link>
		<comments>http://theforerunnerproject.com/news/2008/06/04/the-scoop-on-world-food-crisis/#comments</comments>
		<pubDate>Wed, 04 Jun 2008 09:54:46 +0000</pubDate>
		<dc:creator>MediaGuy</dc:creator>
				<category><![CDATA[Commodities]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[Mass Media]]></category>
		<category><![CDATA[Globalization]]></category>
		<category><![CDATA[World Food Crisis]]></category>

		<guid isPermaLink="false">http://theforerunnerproject.com/news/?p=19</guid>
		<description><![CDATA[The Story: The OECD and United Nations Food and Agriculture Organization agency published its report on food prices and world hunger prior to a World Summit on Food, June 3-5, in Rome. Report Findings: - no relief in the high food prices in the next ten years - cost of food has doubled in the [...]]]></description>
			<content:encoded><![CDATA[<p><strong>The Story: </strong><br />
The OECD and United Nations Food and Agriculture Organization agency published its report on food prices and world hunger prior to a World Summit on Food, June 3-5, in Rome.</p>
<p><strong>Report Findings:</strong><br />
- no relief in the high food prices in the next ten years<br />
- cost of food has doubled in the last 2 years</p>
<p><strong>Causes: </strong><br />
1. Biofuel use of grains<br />
2. Speculators<br />
3. Inflation<br />
4. Drought</p>
<p><strong>Effects:</strong> millions of people are being effected drastically &#8211; mostly in under developed countries. For example: 60 percent of income is used for food in Bangladesh, 27 percent in China, and just 10 percent in the United States or Germany</p>
<p><strong>Recommended Actions: </strong><br />
1. Urgent and immediate need for humanitarian aid,<br />
2. promote genetically modified seeds,<br />
3. more research on the benefits and problems of biofuels, because the US and Europe are planning large growth in biofuel production.</p>
<p>The world is a very complicated place, because we are all linked together through globalization. I have seen enough of the ill effects of world markets over the last 20 years to come conclusive down on the side of abolishing them. If you are thinking that these ideas are crazy I would challenge you to think outside the box for a moment. The question is why should we let large corporations determine how and what we will and won’t do. Globalization is their idea of giving themselves special priviledge. Goods and services move freely across borders but labor movement is heavily resticted. They move production to a country where they can exploit cheap labour then suite countrires tha try to put up trade barriers to the sale of their goods. They unemploy people and claim it is because they aren’t productive enough. They want the taxes and benefits playing field leveled which really means severe cuts to both. They have set up their own government agencies such as the WTO, and the Federal Reserve, and the World Bank. All of these agencies are being used to subject people and governments to the will of the corporate elite. Why any thinking person would support globalization is really a product of fear and manipulation.</p>
<p>You won’t even hear someone suggest in the mass media that we should reevaluate  globalization and NAFA and how other trading groups have negatively affected the people they were promoted as serving. Such thinking would be considered a threat to the control of the multi-national corporations what are close to running the world. The media is the main enablers of their agenda to control and plunder the masses.  The Marist expression that religion is the opiate of the people is completely wrong. The mass media is the opiate of the people. It is the single greatest factor in the control of the masses. It guarantees compliance and detracts the masses from demanding governments act in their interest.</p>
<p><strong>SUBSCRIBE:</strong> Receive automatic updates for new posts to this blog click here:  <a href="feed://http//theforerunnerproject.com/news/?feed=rss2">weblog posts</a></p>
]]></content:encoded>
			<wfw:commentRss>http://theforerunnerproject.com/news/2008/06/04/the-scoop-on-world-food-crisis/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Perilous Times Require Wisdom and Insight</title>
		<link>http://theforerunnerproject.com/news/2008/05/14/perilous-time-require-wisdom-and-insight/</link>
		<comments>http://theforerunnerproject.com/news/2008/05/14/perilous-time-require-wisdom-and-insight/#comments</comments>
		<pubDate>Wed, 14 May 2008 21:37:13 +0000</pubDate>
		<dc:creator>MediaGuy</dc:creator>
				<category><![CDATA[Better ways to live]]></category>
		<category><![CDATA[Commodities]]></category>
		<category><![CDATA[Financial Markets]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[World Issues]]></category>

		<guid isPermaLink="false">http://theforerunnerproject.com/news/?p=16</guid>
		<description><![CDATA[The Stories: April foreclosures rise 65 percent on year: Wed May 14, 2008 3:28pm EDT (Reuters) &#8220;The total number of U.S. properties with foreclosure activity in April was the highest monthly total we&#8217;ve seen since we began issuing the report in January 2005,&#8221; James J. Saccacio, chief executive officer of RealtyTrac, said in a statement. [...]]]></description>
			<content:encoded><![CDATA[<p><strong>The Stories:</strong></p>
<h3>April foreclosures rise 65 percent on year:</h3>
<p>Wed May 14, 2008 3:28pm EDT (Reuters) &#8220;The total number of U.S. properties with foreclosure activity in April was the highest monthly total we&#8217;ve seen since we began issuing the report in January 2005,&#8221; James J. Saccacio, chief executive officer of RealtyTrac, said in a statement.</p>
<p>In March, home foreclosure filings had risen 5 percent from February.</p>
<p><strong>The surge in foreclosures indicates an increasing number of homeowners are struggling to make mortgage payments amid the worst U.S. housing market downturn since the Great Depression.</strong></p>
<h3>Tame April price rise eases inflation worry</h3>
<div class="timestampHeader">Wed May 14, 2008 3:28pm EDT</div>
<div class="timestampHeader">(Reuters) Washington, D.C. &#8230;&#8230;&#8230;&#8230;The 0.2 percent rise in the Consumer Price Index (for April) was less than the gain that Wall Street analysts polled by Reuters were expecting, a Labor Department report showed on Wednesday.       &#8230;&#8230;&#8230;&#8230;.&#8221;One of the many risks the market sees is runaway inflation leading to a very quick re-rise in interest rates. This puts that off, at least in the near term,&#8221; said Rick Meckler, president of LibertyView Capital Management in Jersey City, New Jersey.</div>
<div class="timestampHeader">
<p><strong>The Comment:</strong></p>
</div>
<div class="timestampHeader">
<p>Run away inflation is a very realistic outcome of the policies of the Fed. The quote above indicated not if but when it happens. Inflation is like a tax that takes away a percentage of everything you have, including the value of your house, savings, retirement fund &#8211; everything. It also reduces your income by increasing prices. Inflation goes where no tax collector could.</p>
</div>
<div class="timestampHeader">
<p>The increase in the price fuel and food is inflation on a limited scale, but it affects everyone, except those who don&#8217;t use fuel and don&#8217;t buy food. As we have discussed the price increases in these areas are not related to the increase in deamand or the reduction in supply. It is the speculation of huge investors use the commodity as a hedge against inflation (they know you have to eat). The first reaction of most people would be to join the &#8220;hedgers&#8221; but that would be contributing to the problem because it would drive prices up even further. There aren&#8217;t a lot of choices, but reducing your consumption is about the best ethical and moral response. By reducing your fuel consumption you avoid purchasing the inflated priced fuel. By reconfiguring your lifestyle and food consumption you reduce demand and avoid paying inflated prices for food.</p>
</div>
<div class="timestampHeader">
<p>Consider growing some food this summer. Consider hyper-miling (check out our previous post for details). It really works! I didn&#8217;t think I could reduce my consumption that much just by changing my drive style, but you can. It amazing how much money you can save. Other alternative are: move to the outskirts of the community you live in where you can have a garden. The food is fresh, pure and rich in nutrition when you grow it yourself. If that is not possible form a food coop where a group of people have a farmer grow certain food for them. This is one of the best ways for urban dwellers to get good food. Grocery stores often import food even when local food is in season, in order to keep the supply chain open.</p>
</div>
<div class="timestampHeader">
<p>The less you consume the less it matters what the price of such and such is. Most people spend the better part of their working career paying for a house. But there is a better way! Building an alternative house not only is cool, environment friendly but a great way to live well and debt free. Some people have built a really awesome house for under $20,000 plus the land. These aren&#8217;t far out ideas. They are survive techniques if and when the economy continues wobble. Those who see the danger and take action early will do much better. If the system crumbles, you have done wise thing. If it doesn&#8217;t, you have done a smart thing.</p>
</div>
<div class="timestampHeader">
<p>Paul Weigel</p>
<p><strong>SUBSCRIBE:</strong> Receive automatic updates for new posts to this blog click here:  <a href="feed://http//theforerunnerproject.com/news/?feed=rss2">weblog posts</a></p>
</div>
]]></content:encoded>
			<wfw:commentRss>http://theforerunnerproject.com/news/2008/05/14/perilous-time-require-wisdom-and-insight/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Food Crisis: WTO acknowledges that Greed is the Problem</title>
		<link>http://theforerunnerproject.com/news/2008/05/07/food-crisis-wto-acknowledges-that-greed-is-the-problem/</link>
		<comments>http://theforerunnerproject.com/news/2008/05/07/food-crisis-wto-acknowledges-that-greed-is-the-problem/#comments</comments>
		<pubDate>Wed, 07 May 2008 19:53:03 +0000</pubDate>
		<dc:creator>MediaGuy</dc:creator>
				<category><![CDATA[Commodities]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[World Issues]]></category>

		<guid isPermaLink="false">http://theforerunnerproject.com/news/?p=10</guid>
		<description><![CDATA[Greed behind food price rises: development bank head Read the rest of the Reuters story here by clicking the link above.]]></description>
			<content:encoded><![CDATA[<p><span style="font-size: 8pt; font-family: "><img id="_x0000_i1025" src="http://images.ed4.net/images/htdocs/reuters/050201/arrow.gif" border="0" alt="" width="6" height="10" /></span><strong><span style="font-size: 10pt; font-family: "><a href="http://links.reuters.com/r/1WJL7/RO2LK/DWFC2K/X6KO1/SXHGX/YT/h">Greed behind food price rises: development bank head</a></span></strong></p>
<p>Read the rest of the Reuters story here by clicking the link above.<strong><span style="font-size: 10pt; font-family: "><a href="http://links.reuters.com/r/1WJL7/RO2LK/DWFC2K/X6KO1/SXHGX/YT/h"></a></span></strong><!--<br />
<FONT class=dateline style="color: #666666; font-family: Arial; font-size: 8pt;" mce_style="color: #666666; font-family: Arial; font-size: 8pt;">May 07, 2008 01:03 AM ET</FONT>&#8211;></p>
<blockquote><p>&#8220;As you are all aware, the overall outcome would be less distortion in world markets and increased international trade, leading to more rapid and efficient adjustment by supply to changes in demand,&#8221; he said.</p></blockquote>
<p>That is the insider language for greed distorting the market. When investors seculate on markets for gain they knowingly or unknowingly take food out of the mouth of the hungry. I am not blaming anyone here, but I think a child can see the injustice of this kind of system.</p>
<p>More countries are taking themselves off the system by banning exports. Ultimately, if this continues the WTO will have fewer and fewer countries participating in their global markets scheme.</p>
<blockquote><p>Quote: Many countries have responded to the high prices by imposing taxes and other restrictions on exports &#8212; allowed under WTO rules &#8212; to try to ensure adequate supplies at home.</p></blockquote>
<p><strong>SUBSCRIBE:</strong> Receive automatic updates for new posts to this blog click here:  <a href="feed://http//theforerunnerproject.com/news/?feed=rss2">weblog posts</a></p>
]]></content:encoded>
			<wfw:commentRss>http://theforerunnerproject.com/news/2008/05/07/food-crisis-wto-acknowledges-that-greed-is-the-problem/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Food Crisis World &#8211; Wide</title>
		<link>http://theforerunnerproject.com/news/2008/05/06/food-crisis-world-wide/</link>
		<comments>http://theforerunnerproject.com/news/2008/05/06/food-crisis-world-wide/#comments</comments>
		<pubDate>Tue, 06 May 2008 21:25:38 +0000</pubDate>
		<dc:creator>MediaGuy</dc:creator>
				<category><![CDATA[Better ways to live]]></category>
		<category><![CDATA[Commodities]]></category>
		<category><![CDATA[World Issues]]></category>

		<guid isPermaLink="false">http://theforerunnerproject.com/news/?p=9</guid>
		<description><![CDATA[MOGADISHU, Somalia (Reuters) &#8220;I&#8217;m hungry and yet cannot even buy food,&#8221; Abdifatah Hussein, 25, told Reuters, clutching a bunch of Somali shillings. &#8220;I fear we might start eating one another. We will never stop protesting until traders accept the notes.&#8221; The problem: there has been so much inflation, in this case caused by the illegal [...]]]></description>
			<content:encoded><![CDATA[<p>MOGADISHU, Somalia (Reuters) <em>&#8220;I&#8217;m hungry and yet cannot even buy food,&#8221; Abdifatah Hussein, 25, told Reuters, clutching a bunch of Somali shillings. &#8220;I fear we might start eating one another. We will never stop protesting until traders accept the notes.&#8221;</em></p>
<p>The problem: there has been so much inflation, in this case caused by the illegal printing of money, that the local currency has nominal value and food has huge value. The local people only have local currency and they are now out of the running to buy the food on world markets. (is globalism really good?)</p>
<p>This quote says a lot about the state of desperation that exists in Somalia and many other countries as inflation and a failing currency are rejected by world market traders.</p>
<p>The fundamental problem with rising prices for commodities throughout the world is that investors and middlemen are trying to either make or preserve their money. If the food stocks were in the hands of the individuals who grew it, it would be a different situation, they would sell food, instead of hoarding it.</p>
<p>The situation is sad, but this is the result of globalized markets where there is always someone who has the money to pay more. The poor are out bid by the rich for the only thing that really matters &#8211; food. Globalization has turned food into a commodity and that commodity is traded for gain to the highest bidder.</p>
<p>In this climate, one would ask themselves what can I do? How should I respond to this crisis? What is moral? What is ethical? How can I impact this bidding war.</p>
<p>We live in a culture that considers unbridled consumption the pinnacle of success. It is our right to consume just because we are able. We wear our consumption like a badge of honour. However, here is another way to look at life and this crisis that is taking place throughout the world. Whenever we bid on energy or food we bid with a currency which has many times the power other countries and people do not have. They have no chance of competing with us. Their work is worth one/one-hundredths of ours just because of the country they were born in. When we out bid them for the food they need to live, we sentence them and their families to malnutrition, sickness, and a shortened life.</p>
<p>What Can You Do?</p>
<p>When we reduce our consumption levels we take the pressure off the demand side of the supply/demand equation thereby freeing up food for others. If we grow as much of our own food as possible we take our consumption off the world market. We are no longer bidding for the limited supply of food on the world market.  By reducing our consumption in the area of energy and food we can literally save thousands of lives. By getting off the grid as it were, we are eliminating or minimizing our consumption of energy and food from world supplies. We are literally taking food out of the hand of the hungry.  Our level of consumption is literally a life death matter for some people in countries less fortunate then the one you were lucky enough to be born in. Our culture is driven by the media the media is programmed by the proponents of consumption. Our consumption is indirectly but literally killing people in countries around the world. I think we should know that and do something about it. More on ways to reduce our consumption in upcoming posts.</p>
<p><strong>P.S. I have been hypermiling (see the previous post) and it really works!!! I have reduced my consumption by at least 25%. Currently fuel is $1.20 a litre ($5.00 a gallon).   I have also reduced miles driven by a least 25%. I didn&#8217;t think it possible to cut my consumption in half but it has been easier than I thought.</strong></p>
<p>Paul Weigel</p>
]]></content:encoded>
			<wfw:commentRss>http://theforerunnerproject.com/news/2008/05/06/food-crisis-world-wide/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Dominos</title>
		<link>http://theforerunnerproject.com/news/2008/04/29/dominos/</link>
		<comments>http://theforerunnerproject.com/news/2008/04/29/dominos/#comments</comments>
		<pubDate>Tue, 29 Apr 2008 11:08:42 +0000</pubDate>
		<dc:creator>MediaGuy</dc:creator>
				<category><![CDATA[Commodities]]></category>
		<category><![CDATA[Financial Markets]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Oil and Gas]]></category>
		<category><![CDATA[Forerunners]]></category>
		<category><![CDATA[New Age]]></category>
		<category><![CDATA[Oil Prices]]></category>

		<guid isPermaLink="false">http://theforerunnerproject.com/news/?p=6</guid>
		<description><![CDATA[The biggest story in the news today, as it has been for 5 months, is the price of oil. There has been a lot of disinformation about what is causing the rise in the price of crude. It has increased 25% in the past 4 months. Prime Minister Gordon Brown and G. W. Bush have [...]]]></description>
			<content:encoded><![CDATA[<p>The biggest story in the news today, as it has been for 5 months, is the price of oil. There has been a lot of disinformation about what is causing the rise in the price of crude. It has increased 25% in the past 4 months. Prime Minister Gordon Brown and G. W. Bush have been calling for OPEC to increase supply in a season when normal consumption is at its lowest (spring). The forecasted economic slow down is expected to further slow demand  by 1.5%. As the price increases it becomes out of reach for many buyers with weaker economies and currencies, also reducing demand. OPEC continues to assert that there is adequate supply to meet demand. Saudi Arabia has even reduced supply slightly in response to the slowing demand. So why is the price of oil continuing to climb?</p>
<p>The daily assertions in the media about fears of disruptions in supply are misleading. The real cause of the price inflation is the weakening US dollar. Hedge funds used to take refuge in gold, silver, platinum and other metals because they offered protection against a devaluating dollar. But the large investors see oil as a better hedge against the devaluating dollar, because it is a world-wide consumable. Recently, market pundits have predicted $200. per barrel of oil, which would more than double the price in a year. That doesn’t reflect supply or demand for oil, but the lack of confidence in the US economy precipitated by the sub-prime banking scandal, massive debt and trade deficit, and a costly war.</p>
<p>Here is the crux of the problem. In the short term, oil provides protection from inflation (devaluation of the dollar), but in the long term the increase in the price of oil causes the cost of food and manufactured goods to increase. That is inflation. To protect against inflation investors continue to bid up the price of oil and thereby cause inflation. It becomes a destructive cycle which has the potential to bring a catastrophic world-wide economic collapse. So far there has been little leadership from governments in the west. Thailand and Indonesia have banned exports of rice in the anticipation of the coming problems. They have effectively taken themselves off the world markets. They will grow their own food and supply their own demand at prices their people can afford. Nationalism has been presented in the corporate agenda driven media as the counter-productive, small minded ideals of backward governments.  However, it now will protect countries from the whims of the global investor and soften the blow of a potential world-wide financial catastrophe.</p>
<p>The US has been the detonator for this economic explosion but the problems in the world financial markets are equally as severe as in the US. There has been a tremendous increase in the accumulation of wealth. The imbalance this creates is like a 400 pound guy in a canoe with two 50 pound children. The markets have been destabilized by the relative size of the “players”. Greed, and fear have no conscience and the investors who “play” the markets have no moral, ethical or social responsibility.  They play for today with little foresight into the implications their actions will have on tomorrow or on others.</p>
<p>Our relatively short experiment with globalization of world markets has put the future of the planet in the hands of people who have no intention of managing it. They neither want the job nor are capable of handling it. Their goals are incompatible with the task. Political leaders have failed to lead because their leadership has been compromised by duplicity. They know they should do something, but they are afraid to  end the party. The party being, the amassing of the world&#8217;s wealth by a relative few.</p>
<p>The planet faces environmental, and economic problems of monumental magnitude. The resulting social upheaval could cause unimaginable human suffering and loss if there isn’t inspired leadership. The planet can not survive under the current system. It is destructive, oppressive and diabolic and if left uncontrolled will self destruct. The question is, will our leaders mitigate the suffering and loss by taking the necessary but difficult high road; or will they compromise and surrender to pressures and stand on the sidelines as the impact of their compromises ravishes the nations.</p>
<p>There is a new age coming, heralded and ushered in by a company of forerunners. The current pains are but the birth contractions of a new era. More on that in the coming posts.</p>
<p>Paul Weigel</p>
]]></content:encoded>
			<wfw:commentRss>http://theforerunnerproject.com/news/2008/04/29/dominos/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Housing Crisis or Transfer of Wealth?</title>
		<link>http://theforerunnerproject.com/news/2008/04/25/housing-and-the-financial-crisis/</link>
		<comments>http://theforerunnerproject.com/news/2008/04/25/housing-and-the-financial-crisis/#comments</comments>
		<pubDate>Fri, 25 Apr 2008 12:26:34 +0000</pubDate>
		<dc:creator>MediaGuy</dc:creator>
				<category><![CDATA[Commodities]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Housing Crisis]]></category>
		<category><![CDATA[Financial Markets]]></category>
		<category><![CDATA[Sub Prime]]></category>

		<guid isPermaLink="false">http://theforerunnerproject.com/news/?p=3</guid>
		<description><![CDATA[The Senate is trying to figure out a way to avoid the collapse of the financial system. Lenders are leveraging for a bail out. But Americans are angry, as they well should be. They don’t want the perpetrators of the problem to “walk” while they take the “fall”. &#8220;Excerpt from (LA Times, April 25, 2008) [...]]]></description>
			<content:encoded><![CDATA[<p>The Senate is trying to figure out a way to avoid the collapse of the financial system. Lenders are leveraging for a bail out. But Americans are angry, as they well should be. They don’t want the perpetrators of the problem to “walk” while they take the “fall”.</p>
<blockquote><p>&#8220;Excerpt from  (LA Times, April 25, 2008)<br />
Frank&#8217;s committee this week approved a Republican proposal to give lenders and loan servicers protection against such lawsuits. But powerful industry groups, such as the Mortgage Bankers Assn., have scorned the proposal.</p>
<p>&#8220;It makes me concerned [that] lenders and servicers really aren&#8217;t interested in sitting down and negotiating a resolution to these problems,&#8221; said Rep. Michael N. Castle (R-Del.), chief author of the GOP proposal.</p>
<p>&#8220;Maybe they figure the government will get desperate enough at some point, it&#8217;ll throw money at the problem and they can come out with no write-down of these mortgages,&#8221; he mused.</p>
<p>&#8220;There is no sympathy for anything that smacks of bailout,&#8221; said Allen Sinai, chief economist of Decision Economics Inc., who recently testified in favor of the Frank bill. &#8220;The outrage has shown up very quickly, and means that at this point the government can only go so far.&#8221; (End Quote)</p></blockquote>
<p>People are aware that the problems they now face were caused by uncontrolled and  blinding greed in the financial markets. They want control of their lives back. They shouldn&#8217;t have to worry about deals being made on Wall Street that will take from them everything they have worked for most of their lives. They want their Government to act on THEIR behalf.</p>
<p>The lack of government intervention in these areas have stolen hundreds of thousands of average American’s lifetime of work and savings. If it was done with a gun there would be a war. Freedom, is worth defending but some freedom or lack of government control takes other people&#8217;s freedom away. The media (the agents of Corporations &#8211; proport freedom of the markets) There isn&#8217;t freedom of the market. If there was there wouldn&#8217;t be a collapse. We wouldn&#8217;t pay 3.50/gallon for gas. We wouldn&#8217;t pay $150,000 for a gallbladder operation. Prices are controlled not by the market but by a handful of people who profit from their control. There is no free market where the consumer can shop and compare prices in a competitive market. Oil is priced not by the consumer supply and demand but by a handful of people in New York who profit from its rising price. The system we have is not free market &#8211; it is tyranny wrapped in idealism.</p>
<p>The government has allowed speculators and financial institutions to gain at the expense of the people, effectively turning the entire country into a labor camp. Housing and oil isn&#8217;t the only areas where the balance of power has been allowed to shift far in favor of company&#8217;s shareholders and market profiteers. Powerful groups control medical services in American which can transfer the wealth of an entire family into its hands simple by having one medical need in your lifetime. How many family&#8217;s have been left with nothing. How free is that?</p>
<p>The system is flawed and no American is immune of being robbed of their saving and financial future as long as the system continues to give certain people more freedom at the expense of others. The people with the authority to intervene didn’t &#8211; even when they knew what the outcome would be. That is a breach of trust and crime against the people. The repercussions of the collapse of the housing market has effectively syphoned off billions of dollars from the economy which are now in the hands of the greedy. If the government bails these institutions out, then it will be using your money to further rob you of everything you have worked for. This crisis could have been avoided. But that would have taken someone to stand tall and strong against the corruption. Apparently there was no one. People knew what was going on and did nothing. That is a crime against you and me. The corruption has weakened America and could destroy it if it doesn&#8217;t get leaders that will not bow to the power brokers who are destroying our freedom and stealing our wealth.</p>
]]></content:encoded>
			<wfw:commentRss>http://theforerunnerproject.com/news/2008/04/25/housing-and-the-financial-crisis/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
	</channel>
</rss>

