Bear with me, Sinking by the (bear) Stearns

We have a huge amount of inflation in the economy. With all the bailouts, now of the Bear Stearns hedge fund, this goes on. This is directly linked to the down turn in the real estate market and the sub-prime CDOs (Collateral Debt Obligations). Raw materials are going up, but not as "the market" but as a historically controlled and FORCED PROCESS. The way commodities have gone up is ridiculous.

Over the last few years everything from nickel to copper to gold and silver and of course black gold- oil has gone up. Why should people pay $60 a barrel for oil that cost $5 a barrel to produce in Saudi Arabia?

Next we have the issue of food production. With ADM, Cargill and the other grain cartels getting in on the act, the price of food is finally going up, do to the bio-fuels scam. This is after regular food has been cheapened by lack of price production, driving millions of farmers out of business.

Should the oh-so righteous greenie environmentalist be proud of themselves? They get huge government subsidies for their pet projects-- not for feeding or helping people-- but for literally destroying the food of hundreds of millions. Just so a few fat cats will continue to have gasoline and or diesel, even under conditions being created of virtual or actual world war!