"The 2010 U.S. corn harvest will be the third largest in history, behind only 2007 and 2009. But that's not big enough. When the United States Department of Agriculture announced last week that farmers would produce only 12.7 billion bushels of corn this year, down 4 percent from its September estimate, corn future prices exploded upward by the maximum allowable amount in one day, and meat prices are sure to head in the same direction. Bloomberg reports that retail prices for pork and beef are already at their highest point since the 1980s.
It's only going to get worse. It's very difficult to see how the fundamentals pushing agricultural prices up are going to change in any significant way. The consequences of surging global demand for meat, largely propelled by China -- where meat consumption has more than doubled in the last decade and a half -- combined with the diversion of as much of a third of the U.S. corn crop to ethanol, are inescapable."
Salon
From my friend Ioannes at Commentarius de Prognosticis:
"In 740 BC Isaiah was called to prophecy against Israel and Judah for their abandonment of and rebellion against the Lord. Verses 17 through 20 in chapter 9 of the Old Testament Book bearing his name states,
By the wrath of the LORD Almighty
the land will be scorched
and the people will be fuel for the fire;
no one will spare his brother.
On the right they will devour,
but still be hungry;
on the left they will eat,
but not be satisfied.
Each will feed on the flesh of his own offspring.
Concerning the present age Luke 6:25 states:
Woe to you who are well fed now,
for you will go hungry.
Woe to you who laugh now,
for you will mourn and weep.
The crimes of Judah and Israel pale in comparison to the 50+ million babies we have murdered since Roe v Wade in 1972. So now we will get what we deserve for putting evil, wicked, malevolent baby-murdering lovers of homosexual filth in charge in the White House and Congress, for abandoning God and morality, and for seeking comfort and pleasure at the expense of the most innocent and helpless in society. Indeed, we will receive exactly and precisely what we have given. It happened to Israel. It happened to Judah. We are NOT exempt. Revelation 6:5-6 will now come to pass:
When the Lamb opened the third seal, I heard the third living creature say, "Come!" I looked, and there before me was a black horse! Its rider was holding a pair of scales in his hand. Then I heard what sounded like a voice among the four living creatures, saying, "A quart of wheat for a day's wages, and three quarts of barley for a day's wages, and do not damage the oil and the wine!"
Prepare and pray for guidance, faith and forgiveness. Things are going to get a whole lot worse before they get better.
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