Use access key #2 to skip to page content.

alstry (35.32)

Food Crisis in America???

Recs

11

June 25, 2008 – Comments (5)

The chaos that erupted outside Milwaukee County's main welfare office Monday over disaster-related food aid had more to do with a weak economy and crushing poverty in parts of this community than the devastating floods that swept through the state earlier this month, local government and food relief officials said.

About 3,000 people turned out for the assistance beginning at 3 a.m. Monday, creating a line that stretched several blocks around the Marcia P. Coggs Human Services Center at 1220 W. Vliet St. At least one woman said she was trampled when a crowd rushed the doors as they opened around 7:30 a.m., and dozens of Milwaukee police officers and sheriff's deputies were called to quell the scene.

"The food crisis in Milwaukee and throughout the United States is worse than many of us have realized," said Milwaukee Common Council President Willie Hines, who with other elected officials called on the community to support local food pantries.

http://www.jsonline.com/story/index.aspx?id=764962

The math is easy.....if cost for food, and just about everything else rises, and wages/income delclines......fewer and fewer people will be able to afford the basic necessities of life.  Those on the lowest economic rung are affected first.

This is not a value judgment, just a mathematical fact.  As jobs become more scarce, the problem gets worse.  As prices continue to rise, the problem gets worse.  As the dollar devalues, the problem gets worse. 

I know some of you guys think I am an alarmist......but if you really think about it....it is just basic math.....and this math is applying above to Milwaukee.

Again, I don't write this stuff, I just report on it for your comments:

"We expect long lines for free food in Third World countries," Hines said. "We don't expect a line of 2,500 people waiting for food vouchers" in Milwaukee. No one was seriously injured, and there were no arrests Monday, but those in line described the scene as chaotic. Many thought they would receive vouchers immediately, and frustration mounted when some learned that was not the case.

"They just went crazy down there, just totally crazy," said Charline Britt of Milwaukee, who said she was trampled when about 200 people surged forward as the doors opened.

"They kicked me in my back, stepped over my shoes," said Britt, who'd come to the center about 4:30 a.m. because her basement flooded in the recent rains.

"I fainted when I got through the door."

5 Comments – Post Your Own

#1) On June 25, 2008 at 7:07 PM, hansthered0 (< 20) wrote:

jeebus...

Report this comment
#2) On June 25, 2008 at 9:39 PM, MarketBottom (29.26) wrote:

Worldwide

http://news.bbc.co.uk/2/hi/asia-pacific/7472833.stm 

Report this comment
#3) On June 25, 2008 at 10:21 PM, abitare (34.31) wrote:

If looks like a duck, quakes like a duck and you call it a duck. You are not an alarmist. I am quaking the alarm also:

Here are the Top RECd of my "alarmist" posts:

24 Feb 08: 

1. Systemic Risk Investment / Insurance; A buy list outside of Stocks

30 Apr 08 

2. 12 Ways To Prepare For The Next Great Depression

21 Apr 08

3.Being a Bearish, Does not Mean I am Depressed or that I will Eat Bugs…(unless I have to) http://caps.fool.com/Blogs/ViewPost.aspx?bpid=48431&t=01007146184382914537 

Report this comment
#4) On June 25, 2008 at 10:41 PM, alstry (35.32) wrote:

The Oracle Speaks:

http://www.bloomberg.com/avp/avp.htm?N=ceo&T=Buffett%20Says%20He's%20Concerned%20About%20U.S.%20%60Stagflation'&clipSRC=mms://media2.bloomberg.com/cache/v1kf.N3E1erI.asf

Report this comment
#5) On June 25, 2008 at 11:23 PM, jesusfreakinco (28.92) wrote:

I told you...  We will see martial law in some cities when the *&^$ hits the fan.  Imagine what things will be like with double digit inflation, food shortages, and gas prices at $10/gallon.  Coming soon to the USA, unfortunately, unless Bernanke resigsn and Volcker takes the helm again...

Report this comment

Featured Broker Partners


Advertisement