Derivatives suspensions and food stamps

Posted on December 10, 2009 by stacyherbert| 28 Comments

Stacy Summary: Good morning!!!! The food stamps story seems to be one that keeps popping up; I guess food stamps are the soup lines of this Great Depression?

Barclays receives derivatives suspension in India

Food stamps go to a record 37.2 million Americans

This entry was posted in Headlines and tagged barclays, food stamps, india. Bookmark the permalink.

28 Responses to Derivatives suspensions and food stamps

GoldFreak | December 10, 2009 at 2:29 am |

Gold – The Ultimate Un-Bubble
Tofu Charlie | December 10, 2009 at 2:42 am |

Rice and ammo… the ultimate gold…
Chalcedonite | December 10, 2009 at 2:45 am |

The Irish Budget:

The main points of the Budget were:

Child benefit cut by €16 a month, with a compensation top-up for welfare-dependent families.
Social welfare payments reduced by 4pc, except for the old age pension which wasn’t touched.
The job-seekers’ allowance was reduced for under-25s.
Tax exiles will have to pay €200,000 a year, if their assets in this country are above a certain level.
A carbon tax seeing petrol rise by 4c a litre and diesel by 5c a litre last night.

But the minister added in some sweeteners:

VAT reduced to 21pc.
Excise duty on alcohol was reduced by 12c on the pint, 14c on a spirit shot and 60c on a bottle of wine.
A car scrappage scheme with €1,500 tax relief on new fuel-efficient cars in return for trade-ins of bangers at least 10 years old.
Measures to encourage first-time home buyers to enter the market, by setting a deadline for claiming mortgage interest relief.
GoldFreak | December 10, 2009 at 2:48 am |

is my link not click-able? doesn’t seem to be working for me.

Here is the link http://fofoa.blogspot.com/2009/12/gold-ultimate-un-bubble.html

it’s a must read IMO from FOFOA
Joseph Altamirano | December 10, 2009 at 2:53 am |

37.9 on food stamps

http://www.usdebtclock.org/
Youri Carma | December 10, 2009 at 2:56 am |

More Than Half Of Teachers Report Buying Hungry Students Food With Their Own Money http://tinyurl.com/y92kerj

Food Stamps Will Feed Half Of US Kids, Study Says http://tinyurl.com/ybpq3nb

Developed countries face threat of soaring prices and food shortages http://tinyurl.com/yzo4f6w
Tofu Charlie | December 10, 2009 at 2:57 am |

Attention investment hounds and gold-obsessives: have you considered… the dog-meat market in SE Asia?

1. Buy dog meat in Thailand, don’t let them charge you more than $10/head. (USD)
2. Vietnamese border. Import “duty” approx 0.75 per head.
3. Sell dog meat in Vietnam — up to $60/head in Hanoi for good product. (Roast dog fetches three times the price of pork here.)
4. Repeat.

Thailand: estimated export value of dog meat, 7 to 18 million USD annually.

Source: (I can’t believe how harrowing this guys life must be…)
http://www.globalpost.com/dispatch/thailand/091123/eating-dogs-dog-meat-mafia-capture
Max Power | December 10, 2009 at 2:58 am |

Australia, Canada and NZ never had such a program as EBT as it is now called. The fact that such a program even emerged hinted that the US post-1945 empire had great internal cracks.

The fact that EBT now encompasses more and more of the population hints that the US is really on a path of collapse — where no force of nature can stop it.

To be perfectly blunt, I expect cannibalism not plague to reduce the US population as Peak Oil stops peaking — as Peak Oil is coupled with Peak Debt.

If given a choice, the US powers that be would prefer to give all existent money to bankers and no other source. Ergo, no farm subsidies.

NZ managed to get away from Farm Subsidies in the 1980s — and survived … the US is not NZ.

The 5 year’s from now probability of widespread cannibalism in the US has reached the critical 51/49 point.
Phil /Germany | December 10, 2009 at 2:59 am |

@GoldFreak .. good article.

Looks like he reads Martin Armstrong’s work !
Max Power | December 10, 2009 at 3:18 am |

37.9 on food stamps
37.x old age pensioners

http://www.usdebtclock.org/

37.9 on food stamps, 37.x old age pensioners an odd syncronisisty.

That said, you just have to distrust the official numbers.
Youri Carma | December 10, 2009 at 3:19 am |

Two Dead And L.A. Shelters Maxed Out As Temperatures Drop http://tinyurl.com/yhpzybp
Tofu Charlie | December 10, 2009 at 3:19 am |

@ Max Power

Yup. Since mid-Nov, searches for “cannibalism” are up 100%. Be worried.

http://www.google.com/insights/search/#q=cannibalism%2C%2C&date=today%2012-m&cmpt=q
Mother Earth | December 10, 2009 at 3:23 am |

Go India, kill those derivatives!

I just recieved one hundred trillion (Zimbabwe ugh..) dollar in the mail
Max Power | December 10, 2009 at 3:28 am |

========
Yup. Since mid-Nov, searches for “cannibalism” are up 100%. Be worried.
========

I never bothered to check.

Good research, as long as all the copper electrical cables for electricity in the US are not stolen … shutting down the tracking mechanism.
Tofu Charlie | December 10, 2009 at 3:32 am |

@ Max Power — looks like this recent spike may be more to do with a movie release. Searches for “cannibalism” were proportionately higher in 04… if you break down the “cannibalism” meme into sub-groups etc on Insights you might be able to get to the bottom of it, if it’s something you’re looking at…
Fibon11235 | December 10, 2009 at 3:34 am |

Good for India, I don’t like lies!

This is the problem….as I see it.
We have a nasty fantasy world fighting the more benign real world via the money markets:
——————-
Fantasy World is a COMPLEX world
In the Delusional word of TRUST has broken down completely. They now trade in broken promises.
——————–
Debt = Value ha ha ha
Derivatives = Real Objects ha ha ha
Lies via propaganda = truth ha ha ha
Paper = money ha ha ha
Promises = Value ha ha ha

——————–
Real world is a SIMPLE WORLD
——————–
Direct Commodities ownership = value
Promises = Risk

——————————————————————
What system will result? The bird in the hand is worth two in the bush lol
Max Power | December 10, 2009 at 3:40 am |

=========
looks like this recent spike may be more to do with a movie release. Searches for “cannibalism” were proportionately higher in 04… if you break down the “cannibalism” meme into sub-groups etc on Insights you might be able to get to the bottom of it, if it’s something you’re looking at…
=========

Figuring out what words to add or what words to exclude can help a great deal.

With Hyperinflation,
- Zimbabwe
- Weimar
helps heaps.

The wavelet distortion from the film can be filtered out if you know what words to avoid. For cannibalism, it is not as clear to ma as hyperinflation.

Hyperinflation is a surreal economic property, but cannibalism is eating for survival. The associated keywords will diverge greatly…

Keep up the research and tell me later on…
Phil /Germany | December 10, 2009 at 3:45 am |

Taxpayers face £2 trillion unfunded pensions liability

Taxpayers are facing a £2 trillion unfunded pensions liability, equivalent to more than £80,000 for every household in Britain, according to figures quietly released by the Government yesterday.

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/6771822/Taxpayers-face-2-trillion-unfunded-pensions-liability.html

Well, they could start by halving Civil Servant & Govt. pensions !
Tofu Charlie | December 10, 2009 at 3:55 am |

@Max P — yeah, the hyperinflation vs deflation vs stagflation searches (etc) are more interesting… Deflation currently in the “lead”…

http://www.google.com/insights/search/#q=hyperinflation%2Cdeflation%2Cstagflation%2C&cmpt=q

Stagflation was in the lead Nov-07 to Aug-08… then the deflation spike…

If you switch to graphing “news stories” (MSM) instead of “web searches”, theres a point in May/June where “hyperinflation” stories spike and reach the level of “deflation” stories…
Tofu Charlie | December 10, 2009 at 3:59 am |

cont’d… (Although, in the UK, interest in hyperinflation is nudging ahead)
The Man from Glad | December 10, 2009 at 4:50 am |

Food stamps and TV are the new bread and circuses.
white hunter | December 10, 2009 at 4:53 am |

i think you find that the food stamp recipient has a whole lot more choices than someone in a soup line-get real
frances snoot | December 10, 2009 at 5:03 am |

This is the problem….as I see it.
We have a nasty fantasy world fighting the more benign real world via the money markets:

@Fibon11235:
The real enemy is the one instituting the international financial regulatory reforms at present. This wolf doesn’t even bother to put on sheep’s clothing: he’s a known predator, yet operates without hinderance. He is presently attempting to fence the sheep so their movements and agency will be hindered. Then it’s meal time.
Supergeek | December 10, 2009 at 7:07 am |

@Y’all
Erm… don’t think about it… Funk about it!!!

Ohio Players – Food Stamps Y’All.
http://tinyurl.com/y8kzbog

24 Karat Black – Food Stamps.
http://tinyurl.com/ydhfk2u
Daniel S | December 10, 2009 at 3:52 pm |

Banker explains,

Food stamps are preferred lest slaves standing in a soup line without shopping carts between them start actually conversing, and forming some sort of cohesive social unit (shudder). Slaves undivided give me indigestion.
norcalkid | December 10, 2009 at 4:55 pm |

I get EBT. Considering we had to impoverish ourselves to get medical care for my late husband, I don’t mind the help. Its not like I inherited any money upon which to live.

Food assistance and TV= the new bread and circuses.
bill | December 11, 2009 at 2:31 am |

Poor old menacing bob diamond….There he was thinking bonus dispossessed city bankers could relocate to India…. tut tut no one wants these um uh sleeze beings
Pez | December 11, 2009 at 10:48 am |

At least Food stamps ARE a stimulus as this creates jobs, and keeps people from starving. Yes it actually stimulates the economy! What do bankster bailouts do? Nothing! More Food stamps less banks and banksters. TAX ALL DERIVATIVES AND WALL ST SPECULATION 1%!