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Dairy Inflation Leading the Way to Financial and Spiritual Bankruptcy

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  • Robert
    Dairy Inflation Leading the Way to Financial and Spiritual Bankruptcy Renunciation of thinking is a declaration of spiritual bankruptcy. - Albert Schweitzer
    Message 1 of 1 , Jun 1, 2011
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      Dairy Inflation Leading the Way to Financial and Spiritual Bankruptcy

      "Renunciation of thinking is a declaration
      of spiritual bankruptcy."
      - Albert Schweitzer

      On Sunday, May 30, 2011, Oklahoma news reported:


      "The dairy aisle has become home to one of the fastest
      growing areas of food price inflation...A gallon of whole
      milk costs 39 cents more than a year ago, a 12 percent
      increase, according to the latest Consumer Price Index.
      Butter costs nearly $1 more per pound than in April 2010,
      up 35 percent. And cheddar cheese rose to its highest price
      ever in April: $5.20 a pound."

      On September 1st, 2010, USDA predicted that food
      prices would increase only 1/2 to 1-1/2 percent
      during the next 12 months, the lowest increase for
      American consumers in 18 years.

      Notmilk was not impressed and on September 9, 2010 responded
      to USDA's political lie:


      "We have just one question for USDA. What town is that
      supermarket you shop at located in, Oz? Stop insulting
      Americans with the party line lies and support of
      pro-administration propaganda! No inflation? USDA, kiss
      my big pink top round, and while you're at it, kiss my
      inflated bottom round too."

      On September 11, 2009, Notmilk reported:

      * * * * * * *

      * * * * * * *

      "Well...the price of butter continues to rise."

      "In less than 11 months, the wholesale price of
      butter has gone from $1.17 to $1.84. That represents
      an increase of more than 57 percent!"

      "Two questions
      1) Why does the media ignore this story?
      2) Why does the dairy industry continue to receive
      increased subsidies?"

      "The inflationary avalanche will bury many people in its
      wake. Once the avalanche begins, it will be too late to
      alter the wake of destruction. Few will stop to consider
      that every avalanche begins with just a single snowflake.
      It the coming economic avalanche, the snowflake is
      represented by dairy."

      "On Friday, September 11, 2009, farmers will begin to
      see the end to their recent price collapse by celebrating
      ten to twenty percent increases in the payments they
      receive for their milk. That is the beginning. Take a deep
      breath and jump feet first into the murky waters of a
      black lagoon, and don't let that creature who resides
      there grab onto your legs."

      * * * * * * *

      * * * * * * *

      Yesterday, May 31, 2011, butter traded at $2.18 per pound
      on the Chicago Mercantile Exchange, a $1.01 cent per pound
      increase after USDA predicted that inflation would increase
      an average of one percent while Notmilk called USDA liars.
      USDA has a quadrillion employees with a multi-zillion dollar
      budget. Notmilk has just one guy, with a zero budget.

      Robert Cohen
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