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The Tremors of Economic Calamity

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Viva_La_Revolution Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-27-07 11:07 AM
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The Tremors of Economic Calamity
by The Mogambo Guru

...Check this out: "Gas prices hit a record nationwide average of $3.23 per gallon in late May before receding a little, though prices are expected to soar again later this year. Food costs have increased 4.5 percent over the past 12 months, partly because of higher fuel costs. Egg prices were 44 percent higher, while milk was up 21.3 percent over the past 12 months to nearly $4 a gallon, according to the Bureau of Labor Statistics."

The result is that when prices go up faster than income, then people start suffering, as is proved by Rev. Melony Samuels, director of The BedStuy Campaign Against Hunger, which is "a church-affiliated food pantry in Brooklyn." She says that, "The pantry scrambled to feed 5,000 new families over the past 12 months, up almost 70 percent from 3,000 the year before."

Up 70% in one year! And this is 5,000 new families in dire need, right there in that one place in Brooklyn! Multiply that times the number of all the places in America that are suffering the results of higher consumer prices, which is the inevitable result of the filthy, despicable Federal Reserve creating the money and credit to cause the higher prices, and this is so intolerable that what we ought to do is rise up in open rebellion and install Emperor King Mogambo (EKM) on the throne to rule with an iron fist in one hand and a tasty Taco Supreme in the other, smiting and lashing out in unrestrained fury at Congress, the Supreme Court and the Federal Reserve until all the people are horrified and are begging, "Please stop punishing them, Merciful And Handsome Mogambo (MAHM), as they have been cruelly whipped and beaten for their sins, and now they must languish in the infamous Mogambo Dank Dungeon Of Dread And Despair (MDDODAD)!"

the rest... http://www.dailyreckoning.com/Writers/Mogambo/DREssays/MG102507.html

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the other one Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-27-07 12:21 PM
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1. MGR (Mogambo Guru Rules)
So I will recommend.
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Viva_La_Revolution Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-27-07 12:24 PM
Response to Reply #1
2. I agree
and I thank you. :)
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