U.S. Government Warns: High Food Prices To Hit Americans Hard

moneymorning/Nearly 60% of all U.S. farmland has now been devastated by the drought gripping the Midwest. As a result, according to U.S. Secretary of Agriculture Tom Vilsack, household grocery expenses are set to swell nationwide.

Consumers are already paying record prices for beef, chicken and pork. But corn prices are soaring, too - up nearly 50% over the last six weeks - as crops continue to shrivel in what is officially the largest U.S. drought on record. Wheat prices are also up 50%.

A wet August would not improve the harvest, or prices.

According to global economic trend forecaster Chris Martenson, a former VP of a Fortune 300 company, the surge in food prices is not temporary.

"We've uncovered a catastrophic pattern in our nation's food system," Martenson said, "one we believe could soon hasten a world food crisis -a chain of events that could lead to massive food inflation, even riots."

Martenson's research is garnering widespread attention this month, after appearing in a newly released documentary.

His findings reveal that this catastrophic pattern is not limited to food prices...

The work of this team of scientists, economists, and geopolitical analysts has garnered such attention, they were brought in front of the United Nations, UK Parliament, and numerous Fortune 500 companies to share much of their findings. Click on the short video above to see the eerie pattern.

YOUR MONEY - AND WAY OF LIFE - IS AT RISK

"We found the same catastrophic pattern in our energy, water and economic systems," Martenson said. "And these systems could all implode at the same time. Food, water, energy, money. Everything."

The pattern Martenson identified affects the entire global economic system. It's eerily similar, he explains, to the kind of pattern you see in a pyramid scheme, one that escalates exponentially before it collapses - with little notice.

"What this pattern represents is a dangerous countdown clock that's quickly approaching zero," said Keith Fitz-Gerald, another member of the documentary's investigative team, and the president of The Fitz-Gerald Group. "And when it does, the resulting chaos is going to crush Americans. Our way of life is in jeopardy."
Dr. Kent Moors, an adviser to 16 world governments on energy issues as well as a member of two U.S. State Department task forces on energy, agrees.

"At first, the pattern is almost impossible to perceive. Everything looks fine, just like in every pyramid scheme. Yet the insidious growth of the virus keeps doubling in size, over and over again - in shorter and shorter periods of time - until it hits unsustainable levels. And it collapses the system."

The impact on the U.S. dollar - and any dollar-denominated assets - could be severe, which is unwelcome news for the struggling currency. Inflation looms.

In the coming years, according to a USA Today report, it could take $150,000 of annual household income for a family to afford basic living expenses - and an occasional night at the movies. Already, "52% of Americans feel they barely have enough to afford the basics."

"You've got higher food prices, higher fuel costs, more people, and less land to use for growing food," Fitz-Gerald said. "If our research is right, Americans will have to make some tough choices on how they'll go about surviving when basic necessities become nearly unaffordable and the economy becomes dangerously unstable."

380 American Rebels Reported Killed In Michigan Battle

eutimes/A shocking Federal Security Service (FSB) report circulating in the Kremlin today states that last week an “intense” battle erupted in the US State of Michigan between military forces loyal to the Obama regime and American rebels that killed at least 380 men, women and children who had gathered to oppose their nations slide towards a totalitarian dictatorship.
According to this report, nearly 500 people opposed to the Obama regime had assembled for a “clandestine” meeting in the Michigan country of Alpena in an effort to form a 50-State alliance of local law enforcement and political officers seeking to “turn the tide” of their nations path towards dictatorship even, should it be necessary, by armed force.
The FSB states in this report that hostilities erupted when the American rebel forces gathered at this meeting indentified “several” undercover FBI informants who were seeking to “escalate tensions” and arrested them whereupon, “within minutes,” a contingent of “heavily armed” Obama regime federal police forces attempted to, in turn, arrest these rebel leaders.
After a “prolonged skirmish” between these rebel forces and Obama regime federal police, this report continues, the US Military launched a series of airstrikes, the largest being a 2,000 lb laser guided bomb that hit in the middle of those gathered at this meeting killing over three quarters of them instantly.

E-Cigarette Exposed

To how powerful this blast was we can read as reported by a local Michigan reporter named Bob Powell who wrote: “At 10 a.m. on Wednesday, 6/6/2012, a mysterious explosion shook homes over hundreds of square miles in Northeastern Michigan. The ground shaking explosion was heard from Presque Isle to Lincoln, and out west as far as Hillman.”
Important to note is that this reporter was swiftly detained and arrested by Obama forces when he attempted to gather more information.
Over the next nearly 48-hours since the initial bomb drop upon the rebels, this report continues, Obama regime military forces “numbering in the high-hundreds” descended upon Michigan [photo 2nd right] utilizing nearly 85 combat transport helicopters and A-10 Thunderbolt air-to-ground missile equipped fighter aircraft.
Confirming the chaos of this battle we can, also, read as confirmed by the Natural Society News Service which, in part, says:

“Eyewitnesses on the ground near the media-blacked-out elevated radiation zone near the border of Indiana and Michigan, where radiation levels hundreds of times higher than normal were quickly removed from public viewing by the EPA, are now sending in a large number of photos and videos documenting massive explosions accompanied by unmarked helicopters, A-10 Thunderbolts, and military personnel.
Those on the ground report that the explosions are ‘loud and deep’, sounding like fireworks with a kick. The explosions are oftentimes followed up with a squadron of helicopters or other aircraft, oftentimes black and unmarked. One Michigan resident reports the following, and is then backed by dozens of organic comments which confirm the findings:
“EXPLOSIONS EVERYWHERE! Also, Large helicopter heading away from Local Air Force base flying toward scene of explosions! These explosions are seriously consistent, loud booms for the last hour or more.”

Russian nuclear experts contributing to this FSB report state that the elevated radiation levels associated with this attack by the Obama regime upon these rebel forces state that they were caused by the bombs used because they contain depleted uranium, and that there is the “strong likelihood” various other rebel areas of the States of Michigan and Indian may have been targeted too.
This FSB report further states that the “massive retaliation” against these rebels by the Obama regime was due to their having military grade weapons in which to defend themselves and their families.
In less than 48-hours, however, after this attack an “angry and livid” Obama regime put a clampdown on its programme that has supplied US local police forces with military weapons, and as we can, in part, read as reported by the Fox News Service:

“The Defense Department has stopped issuing weapons to thousands of law enforcement agencies until it is satisfied that state officials can account for all the surplus guns, aircraft, Humvees and armored personnel carriers it has given police under a $2.6 billion program, The Associated Press has learned.
The department’s Defense Logistics Agency ordered state-appointed coordinators in 49 states to certify the whereabouts of that equipment that has already been distributed through the long-running arrangement overseen by the agency’s Law Enforcement Support Office.”

This FSB report notes that the death toll they projected in this report is, indeed, an estimate, but further state that based on the number of body-bags requested by Obama regime forces in the aftermath of this battle it could even go higher.
Unknown to the vast majority of Americans, and as we had detailed in our previous report “Russia Shocked After Thousands Of Americans Beg Obama Not To Kill Them”, the Obama regime is operating completely within the law of the United States that now gives their President unprecedented powers to kill and imprison any citizen he so chooses without either evidence or trial, and even newer laws that allows the US government for the first time in its history to deliberately lie and deceive all of them for any reason whatsoever.

 

Study: 1/2 Of Americans Die With Less Than $10,000 In Assets

Hey this sounds like me! Dang, Now that makes me depressed.

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(CBS Connecticut) – Close to half of Americans die owning very little in financial assets, with senior citizens relying heavily on Social Security to help get them through their retirement years.
More than 46 percent of Americans find themselves with under $10,000 in financial assets by the time they die, according to a new study examining financial status among senior citizens. The study, “Were They Prepared For Retirement?,” looks at the connection between health and wealth and Americans’ increased reliance on the government.
“Many of these households also have no housing wealth and rely almost entirely on Social Security benefits for support,” wrote the study’s three authors, James Poterba of MIT, Steven Venti of Dartmouth and David Wise of Harvard.
Although the study outlines that most households seem well-prepared for retirement, finding that the average income in the final years is not a significant drop from the average income in a person’s late 50s or early 60s, there’s little wiggle room “to pay for unanticipated needs such as health expenses or other financial shocks or to pay for entertainment, travel, or other activities.”
The study, which was published in accordance with the National Bureau of Economic Research, also linked healthier seniors to having higher assets compared to less healthy seniors.
Poterba wrote that an alteration in the Social Security structure could prove to be a problem in a culture where asset-building isn’t as easy as it once was.
“If we were to substantially reduce Social Security benefits for those later in life, that there is a share of the elderly households for whom that would translate very directly into reduced income, because they seem to have accumulated little in the way of financial resources,” Poterba wrote.