LaRouche: World must double food production
“We have gone from three meals a day to two. Then it will be one meal. Then we will die. Why is the world taking corn for fuel? It will mean the death of many people.”
This was the blunt statement made by Yoseph Yilak, the head of the Ethiopian grain traders association, to the visiting head of the UN's World Food Program.
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Oil heading for $200+ per barrel—
dump “free” market hoax now!
Algerian Energy Minister and OPEC President Chakib Khelil has warned that crude oil may soon hit US$200 per barrel—$80 above the level reached on April 28th. (According to the Arab News of May 2nd, Deutsche Bank's chief energy economist, Adam Sieminski is saying it could hit $250.) Khelil repudiated calls by U.S. and European leaders for OPEC to pump more oil from the ground, to “ease prices”, saying that the weak dollar and global political insecurity were to blame for the rising oil prices.
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Debt-trapped families squeezed out
Average house prices in Melbourne have plunged 8.4 per cent, or $40,000 since January, a collapse that is echoed nationwide, and which is leaving thousands of families debt-trapped—owing more on their mortgages than their homes are now worth.
And the International Monetary Fund’s latest World Economic Outlook report warns that it is about to get worse, forecasting a 25 per cent or more housing price crash in Australia.
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Fascist Iemma’s “Public Funding”
Scam Targets You!
New South Wales ALP Premier Morris Iemma is currently crusading to ban all private donations to political parties in favour of public funding, to “stop corruption”. Are the major parties at the top really stinking cesspools of corruption? A cynic might counter, “Does a wild bear poo in the woods?” But the actual target of Iemma and the financiers who own him is you.
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