Extreme Treasury Corruption

Posted on August 30, 2013 by MN Gordon

What happened to school cafeteria classics like Sloppy Joes and Tater Tots?  That’s what school kids across the nation want to know.

From what we gather, Michelle Obama doesn’t think they’re healthy enough.  Plus she believes too many children are overweight…and that they need to slim down.  So she took it upon herself, as First Lady, to choose what they eat for lunch and how much.

Regrettably, according to students in rural Kentucky, the food served under Michelle Obama’s National School Lunch Program “tastes like vomit.”  But that’s not all.  In addition to tasting like vomit, the food’s “crappy and there isn’t nearly enough of it.”

Somehow the federal government has come to govern what school children eat and portion sizes in many American school districts.  There’s even a calorie cap that school cafeteria’s must adhere to: 850 for high school lunches, 700 for middle schools and just 650 for elementary schools. Continue reading →

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Things Are Getting Better and Other Popular Lies

Posted on August 27, 2013 by MN Gordon

The President says things are getting better.  The economy’s improving.  There will be prosperity for all in our time.  But if you live outside the Washington beltway, and earn your living through honest means, you know this is essentially a delusion, an ignis fatuus.

Certainly there are pockets of real economic growth.  In North Dakota, for instance, fracking technology has tapped into massive oil deposits from the Bakken Shale.  The state’s unemployment rate is the lowest in the nation…just 3 percent.

Yet, by and large, things are still stuck in first gear.  A new study by Sentier Research shows that Americans are worse off today than they were four years ago, at the bottom of the recession.  In fact, by Sentier Research’s estimation, household income is down 4.4 percent.  Here are some of the study’s key findings…

“Based on new estimates derived from the monthly Current Population Survey (CPS), real median annual household income, while recovering somewhat from the low-point reached in August 2011, has fallen by 4.4 percent since the “economic recovery” began in June 2009. Continue reading →

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Something Big is Coming

Posted on August 23, 2013 by MN Gordon

How things change.  A year ago the Midwest and Mississippi Basin were suffering the worst drought since 1956.  Corn stalks were rapidly going brown and corn prices were rapidly going up.  The next food crisis was imminent.

We even wrote an article on how to capitalize on it.  What do we know?

Today the exact opposite is happening.  Mother earth is yielding an abundance of corn and corn prices are sagging like a half empty flour sack.  A complete reversal has occurred.

“The 2013 corn crop is expected to come in at a record 13.8 billion bushels, up 28 percent from last year,” explains Reuters.  “If that happens, supplies will build to an eight-year high, making the famine-to-feast reversal the largest annual swing in more than half a century.”

The price action is obvious.  Corn prices have fallen from $7 a bushel a year ago to about $4.80 today.  What’s more, corn prices are expected to fall even more… Continue reading →

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Mrs. Knott’s Chicken Dinner Restaurant Inflation Instruction

Posted on August 20, 2013 by MN Gordon

Sometime in the 1920s Walter Knott, an unsuccessful farmer, nursed several dying berry vines back to life at his Buena Park, California, farm.  Little did he know, his fortunes were about to change.

These unique vines were created by Rudolph Boysen, a horticulturalist, by crossing a blackberry, red raspberry and a loganberry.  The hybrid boysenberry, named after Boysen, turned out to be a huge hit, and the Knott family began selling massive quantities of the exclusive berries, preserves and pies, from a roadside stand along State Route 39.

About a decade later, Knott’s wife Cordelia began serving fried chicken dinners.  Who would have thought, but within a few years her chicken dinners had turned into a popular restaurant, with lines often several hours long.

Knott must have known the saying, ‘if you can get them to stop, you can get them to shop.’  For, before long, he’d added several specialty shops to entertain visitors while waiting for dinner.  Soon these became a major tourist draw. Continue reading →

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