Wall Street Betting of Food Prices - Huge Profits & Food Fraud - People suffer

It's becoming nearly impossible to eat healthy these days no matter how informed you are. Even eating is a gamble now. Good lord.

Sadly, it is. Europe has stricter laws and people immediately act when fraud is uncovered asking for quality food and truth in labeling but even there it's getting worse.

Yes, another drought this year and things are going to suck big time. Add inflation on top of it and BOOM!

for a REALITY CHECK

5*

Thanks OP, Things are getting bad and this just shows how far they will go for a buck. Now is the time to grow your own food and raise your own meat! it's only going to get worse.

I would skip the dinners out from now on you just never know what your paying for these days. Sad!!!

And so the economic battle and fraudulent deceit in the food sector continues.

Andreas März, a Swiss agronomist and olive farmer who began his own investigation into olive oil adulteration in 2004, said: "So long as smelly, rancid oils and first-rate oils with the perfume of fresh olives bear the same name, quality producers in Italy and throughout the Mediterranean have no possibility of covering their costs. So long as olive producers are unable to earn a fair profit for their olives and olive oil, groves will die out."

All this irresponsible food faking for profit is putting the honest food producers at risk of going out of business. Then, if that happens, may the Lord have mercy on us or can we do something to stop this?

Thank you for the *'s and bump!

They have no conscience. They will go on killing humanity and the planet for the buck if they aren't stopped.

I rarely go out to eat anymore.

For later

5*

Ever think that the financial/market/government colluded together to create this paper system so that they could all manipulate and control prices while reaping rewards.

Would explain the lack of regulatory oversight would'nt it ?

The SECandCFTC sit on their hands while their cohorts skin the market.

Would explain the revolving door employment situation would'nt it ?

And this is probably only the tip of the iceberg.
Food from China and other counties contains arsenic and most farmers there using unacceptable amounts of pesticides. Pollutants in the air entering the crops, etc. Even imported organic food is only being monitored by third parties who may not be so diligent with the organic guidelines.

Out with Turbo Tax Timmay, in with Jack Lew! Thanks Citigroup!

Don't be a jerk! "Wall Street" is synonymous with Banksters and Brokesters.

And no, it is not true that most of the "regular" people own most of the stocks, but that they are owned by megaliths operating on behalf of funds and some of the regular people are vested in these funds - but not a majority.

Olive oil should become a SOLID in your refridgerator. Other oils such as vegetable oils will remain liquid.
put your bottle of olive oil in the fridge. Did it become a solid? if so its ok. If you see a liquid with the solid you can pour off the liquid and keep the solid olive oil.

Thanks for the tip. Will try it with an olive oil from Italy (Sicily) I purchased recently. It's in a glass bottle, looks good but doesn't smell or taste like olive oil. When I bought it a week ago I wasn't aware of the extent of food fraud that goes on everywhere. There is a book called:
"Extra Virginity: The Sublime and Scandalous World of Olive Oil"

Starting with an explosive article in The New Yorker, Tom Mueller has become the world's expert on olive oil and olive oil fraud-a story of globalization, deception, and crime in the food industry from ancient times to the present, and a powerful indictment of today's lax protections against fake and even toxic food products in the United States.

it's ironic
as people refuse to buy this garbage it sits on the shelves going stale and corporations find ways to extend it's shelf life using more chemicals, irradiation. This way their junk can sit for centuries waiting for the unsuspecting consumer.
Grow your own
Make your own

>>>It's in a glass bottle, looks good but doesn't smell or taste like olive oil

Then it probably isn't

That's good advice but not easy to follow for people who live in apartments in dense cities.
Maybe they should start green community gardens on roofs?

The Italian olive oil mafia?

The girl wearing the derby hat and wearing the fake Federal Reserve Notes (redundant?) as arm-bands...

BUT, OP ...... You MUST think about all those connected to the servicing of the yachts, storage, refurbishing and all those connected to Harvard, Yale and Vassar
who MIGHT be unemployed if we took away all the rich elite, parasitic politicians crooked profits from such futures and DIRECT lying to the people. How could you ?

AND, the gardeners, maids, butlers that might be 'let go' ! Please think about this and be happy that it doesn't kill you immediately !

It's a shame that one has to go out of their way to find non-GMO, non-antibiotic, non-pesticide, additive free and truthfully labeled food.
It all comes down to a common denominator: Ignorant and careless Greed. Short sighted hunger for quick profits regardless of the consequences of what it does to the next person and the future of humanity.

Nestlé has found that if they add molasses during roasting, it will "enhance" coffee flavor, so no need for quality beans, just any crap will do. This would be kind of harmless, just cheating. There are others who add saw dust to their food products.
The more you look into it, the more you find that everyone is faking the food they sell.

I think ALL BETS were OFF when Billory told the Japanese AFTER Fukushima, we would NOT check their foods, etc. for radiation. Go ahead and SHIP !

But, since the American people were stupid enough to ACCEPT an illegal alien, fraud as their Liar-in- Chief, not ONCE, but TWICE, it SHOWS WHO is actually in CONTROL of the once FREE nation.

Makes me want to puke. NO; I might as that reminds me of Pukelosi !

EXACTLY! Although not a food, Northern Bath Tissue was 242 sheets per roll - now it has new packaging and states it has more sheets per roll than Charmin - but they fail to mention in the advertising that they have also dropped the sheets per roll from 242 to 190! Most people won't look that closely and will think they are getting a better deal because of the 'more sheets' clause!

Another article worth reading.

Profiting off hunger: Wall Street makes big gains over food price spikes

The year 2013 may see another price hike, following the worst draught in the US in 50 years and poor harvests in Russia and Ukraine. The UN has warned that the world may be approaching a major hunger crisis.

At the same time, the industry is bringing millions in profits to those who rushed to invest in food. Goldman Sachs made an estimated $400 million in 2012 from investing its clients' money in a range of "soft commodities," from wheat and maize to coffee and sugar, according to an analysis by the World Development Movement (WDM).

"While nearly a billion people go hungry, Goldman Sachs bankers are feeding their own bonuses by betting on the price of food. Financial speculation is fueling food price spikes and Goldman Sachs is the No, 1 culprit," Christine Haigh of the WDM.

Deregulation in the late 1990s allowed financial institutions to bet on food prices, resulting in some $200 billion being poured into the market.

For example, hedge fund Armajaro virtually single-handedly sent the global price of cocoa to a 33-year high in July 2010 by buying around 15 percent of global cocoa stocks.

[link to rt.com]

That's right. The deception is being done with all kinds of consumer goods.
The other day I bought bars of soap wondering if they were shrinking in size...

What is the food sector doing on the stock market anyway?

As long as there is a market with food, instead of a distribution to those who need it, and quality control geared for human consumption, there will be those making profit on it and those tempering with food for profit.

Do you know why the meat you buy is red?

Decayed Meat Treated With Carbon Monoxide To Make It Look Fresh At The Grocery

Most meat eaters may be unaware that more than 70% of all beef and chicken in the United States, Canada and other countries is being treated with poisonous carbon monoxide gas. It can make seriously decayed meat look fresh for weeks. The meat industry continues to allow this toxic gas injection into many of the meat products people consume on a daily basis. The question is, how many people have become ill by this chemically altered meat that is being sold to families all over the world?

Carbon monoxide (often referred to as CO) is a colorless, odorless, tasteless gas, one measly oxygen molecule away from the carbon dioxide we all exhale. But that one molecule makes a big difference in that it does very, very bad things to the human body at very, very low concentrations.

CO is toxic because it sticks to hemoglobin, a molecule in blood that usually carries oxygen, even better than oxygen can. When people are exposed to higher levels of CO, the gas takes the place of oxygen in the bloodstream and wreaks havoc. Milder exposures mean headaches, confusion, and tiredness.

[link to www.wakingtimes.com]

Chopsticks anyone? Do you like eating chinese the traditional way? Maybe you'll ask for a spoon next time you eat chinese. Most imported chop sticks are highly toxic containing sulphur dioxide, lead and fluorescent dye.

China is Wall Street's greatest friend. We need toys with lead in them and cheap poisonous food: