Here is something that should scare anyone who uses bridges, roads, highways, power lines, water ways, dams, or pretty much any other structure in the United States: Government spending on infrastructure is at “are you kidding me?” level lows.
Food derivative speculation has replaced financial derivatives promoted by major investment banks like Goldman Sachs & JP Morgan. Numerous studies say food speculation rather than shortages are a main reason for skyrocketing food costs. Confirmed by an IMF report, in addition to speculating heavily on food commodities, the same private equity funds (the Neoliberal 1%) are also buying up huge tracts of land in the 3rd world. https://www.imf.org/external/pubs/ft/fandd/2012/03/arezki.htm
Yesterday was the 11th anniversary of the September 11 attacks, and on that day President Obama snubbed Israeli prime minister Benjamin Netanyahu, but did agree to appear on David Letterman's show. Priorities. Now we're learning that yesterday, you know, on 9/11, MTV confirmed that although Obama can't find time to meet with Netanyahu, he has found time to attend a fundraiser with Jay-Z and Beyonce:
The number of Americans receiving subsidized federal food assistance has risen to 101 million, representing roughly a third of the U.S. population, at a cost of $114 billion in fiscal year 2012. That means the number of Americans receiving food assistance has surpassed the number of private sector workers in 2012.
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