Summary: Acc. to  a UN Special Rapporteur, the reason why LDC - people and increasingly US Americans driven into unemployment due to “globalisation”, too, are starving is speculation.  F. Willian Engdahl describes how global agrobusiness was started and run by depopulationists, Nelson and Laurance Rockefeller, from 1941, developing into the Rockefeller Green Revolution based on Monsanto´s GMO seeds – spreading to Asia and Africa with disastrous consequences. The purpose is to take over the world´s food supply. (Kissinger: He who controls the world´s food supply controls mankind). They spread their unnatural seeds by bribery, deception and above all by a well-financed media campaign that wrongly states GMO plants raise the per hectare harvest and require significantly less chemicals. Both claims have been proven to be false. The latest estimate from the World Bank is that some 1.02 billion people in the world go hungry. Studies by the UN Food and Agriculture Organization confirm that every year the world agriculture produces enough wheat rice and other grains to give every human being on earth a daily diet of 3500 calories and that enough meat milk and eggs are produced to give every person one pound per day. But what does that matter when LDC citizens cannot afford to buy them due to rising prices – because millions of their farmers have been driven away from their farmlands?

ADM (Archer Daniels Midland), Continental Grain, Bunge and the primus inter pares, Cargill — the largest privately-held grain and agribusiness trading company in the world—emerged the great winners of the WTO process.
Former Cargill (Rockefeller partner) executive Dan Amstutz played the key role in drafting the agriculture trade section of the GATT Uruguay Round. In 1985 D. Gale Johnson of the University of Chicago (Rockefeller donation), a colleague of Milton Friedman, the author of this free trade idea, co-authored a seminal report for David Rockefeller’s Trilateral Commission that was the blueprint for what they called “market-oriented” agricultural reform. It provided the framework for the US position in the coming GATT Uruguay Round negotiations. The Rockefeller group and its think tanks were the architects of  “agricultural reform”.

The European Union finally agreed in 1993 to the GATT Uruguay Round, requiring a major reduction of national agriculture protection. Central to the Uruguay Round deal was agreement on one major change:  national grain reserves as a government responsibility were to be ended. The elimination of national grain reserves in the USA and EU and other major OECD industrial countries set the stage for elimination of agricultural commodity derivatives regulation, allowing unbridled unchecked speculative manipulations. Under the Clinton Treasury (1999 – 2000) the elimination of grain reserves was formalized by the Commodity Futures Trading Commission (CFTC) — the government body charged with supervising derivatives trade in exchanges such as the Chicago Board of Trade (dominated by the Rothschilds for 140 years,  infiltrated by John D. Rockefeller and still run by Rockefellers) or NYMEX (a Wall Street partner)— and legislation was drafted by Tim Geithner (now treasurer) and then  Secretary of the Treasury, Larry Summers. Besides, the CFTC  deregulated trading in derivatives for everything, including grain  - which led to the 2007  collapse.

Indeed, FAO  estimates that since 2004, world food prices on average have soared by an unprecedented 240%. In the period from May 2010 through May 2011 the price of wheat rose again some 85%. One result has been a predictably rapid rise in starvation, hunger and malnutrition in poorer populations around the world.
Engdahl informs that speculators like Goldman Sachs, JP Morgan Chase, HSBC, Barclays or numerous offshore hedge funds now outnumber bona-fide agriculture industry hedgers four-to-one.

But the quite decisive catastrophe was launched by Wall Street, Goldman Sachs as usual being the totally ruthless pioneer. In 1991 Goldman Sachs had rolled out its own commodity “index.” Its GSCI let speculators gamble on the future price of an entire range of raw materials in one step. Now bankers and hedge funds and other high-profile speculators were able to take huge positions or bets on the future grain price with no need to take delivery of actual wheat or corn at the end. The price of grain was now run by the new casino masters.  Goldman Sachs’ GSCI was structured so that no one could bet on a fall in grain prices with it. You only stood to profit from an ever-rising grain price and that happened. That long-only feature was done to encourage bank clients to leave their money with the bank or fund for the long term and let the bankers play with other people’s money, with huge potential windfall profits to the bankers — while any losses fell to the clients. The fatal flaw was that the GSCI structure did not allow “short selling” that would force prices down in times of grain surplus. Investors were lured into a system that required them to buy and keep buying once grain prices rose for whatever reason. Soon other banks floated their own commodity index funds.
Since 2000 the totality of dollars invested in various commodity index funds –Goldman Sachs’ GSCI being the largest — has risen from some $13 billion in 2003 to a staggering $317 billion during the oil and grain speculation bubble in 2008.
The responsible politicians are now leaving the sinking Obama shipi n order to hide themselves from the future  judgment over the economic disaster  and collapse which they caused.

Ladies and gentlemen. This is the murderous New World Order/ the “International Community” that some of you protect by just calling it “conspiracy theory” - and which (recent Bilderberger meeting) has just agreed that war is a suitable means to reduce their nightmare: too many people of inferior race. Of course, chemtrailing is also fit for such a reduction of mankind to their goal: 500 mio. at most, acc. to the Georgia Guidestones.

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CFR´s Foreign Affairs 12 July 2011: World Bank President Robert Zoellick: “Global food prices are now at dangerous levels” and  “recent rises in food prices are causing pain and suffering for poor people around the globe.” G-20 President, Nicolas  Sarkozy: “If we don’t do anything, we run the risk of food riots in the poorest countries.”  Recent political unrest in North Africa and the Middle East strikingly coincided with rising food prices. Post-harvest losses run to nearly 50 percent in many low-income countries, often due to insufficient or sub-standard storage, refrigeration, and processing facilities. The food price spike is in part due to Increased speculation in agricultural commodity markets.

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Mud-piesFamine is spreading in a world that has as many resources as never seen before. The reason is Wall Street speculation driving food prices drastically up. The ruling Illuminsts and here hate mankind – and postulate the best way to limit non-existent global warming is population reduction, seeing mankind as a nightmare nightmare and here – and here and here.  In Haïti, even before the 2010 earthquake, people were so poor that they could not even afford to buy mud pies!! I have previously described the horrible role played by the Rothschild bank, Goldman Sachs – and the Rothschilds and Rothschild agent, George Soros, alongside with states like China, Korea, Saudi Arabia, Libya buying farrmland for speculation or domestic use.  Since Henry Kissinger back in 1974 wanted to use food as a weapon to defeat overpopulation, saying: “He who controls food supply controls mankind”,  this aspect is gaining pace. Monsanto´s GMO foods seem toxic to man and animals – an its round-up pesticide seems to be creating embryonic damages. Nevertheless, Monsanto is being promoted by the US Department of Agriculture, the US State Depertment, and an EU under US pressure. More on Monsanto here and here and here.  Besides, Bill Gates is driving the well-known disastrous “Alliance for a Green Revolution in Africa (AGRA). To make the food control of the world all the more efficient, the Codex Alimentarius came into power on 1 Jan 2010.

In Eurasia Critics, Jan. 2010, F. Willian Engdahl describes how global agrobusiness was started and run by Nelson and Laurance Rockefeller from 1941, developing into the Rockefeller Green Revolution based on Monsanto´s GMO seeds – spreading to Asia and Africa with disastrous consequences. The purpose is to take over the world´s food supply. They spread their unnatural seeds by bribery, deception and above all by a well-financed media campaign that wrongly states GMO plants raise the per hectare harvest and require significantly less chemicals. Both have been proven to be false claims yet the myth goes on. The latest estimate from the World Bank is that some 1.02 billion people in the world go hungry and that each year. Studies by the UN Food and Agriculture Organization confirm that every year the world agriculture produces enough wheat rice and other grains to give every human being on earth a daily diet of 3500 calories and that enough meat milk and eggs are produced to give every person one pound per day. But what does that matter when LDC citizens cannot afford to buy them due to rising prices – because millions of farmers have been driven away from their farmlands?

The Guardian 7 July 2011: Goldman Sachs is confident that now is a good time to get back into (food) commodities, particularly those markets where supply constraints will become binding even on slower economic growth,” said Jeffrey Currie, Goldman’s global head of commodities research.

US-UnemploymentUS Dpt. of Labor. US unemployment.  Data extracted on: July 9, 2011 (5:29:38 PM).

Prison Planet 9 July 2011 Right now, rampant unemployment is absolutely killing communities all over America.  Hopelessness and poverty are exploding and many are now wondering if we are actually witnessing the slow death of the middle class. Thanks to incredible advances in technology and thanks to the globalization of our economic system, the people with all the money don’t have to hire as many ordinary Americans anymore.  They can hire cheap labor elsewhere. The few big owners of the corporations are thriving while tens of millions of ordinary Americans are deeply suffering.
Comment: See this shocking article and the video below on the proletarisation of the US middle class - an NWO aim.


Did you ever wonder, why “our” politicians treat us this way. The income of many of them is increasing rampantly while the ordinary people are growing poorer? See the next video.

The cheap agribusiness imports often undercut the prices of locally grown crops, driving millions from their land.

F. William Engdahl 29 June 2011: Today the price of wheat derivatives, or ‘paper wheat,’ controls the price of real wheat as speculators like Goldman Sachs, JP Morgan Chase, HSBC, Barclays or numerous offshore hedge funds now outnumber bona-fide agriculture industry hedgers four-to-one.

The FAO calculates that food-deficit countries will be forced to spend fully 30% more on importing food — with a world value of a staggering $1.3 trillion. Three decades ago, that international market was tiny; today it is overwhelmingly dominated by a small handful of US agribusiness giants. For some two billion people in the world who spend more than half of their income on food, the effects have been horrifying. During the speculation-driven grain price explosion in 2008, a total of one billion human beings were threatened with hunger, a new record.

Wheat-price-chartLeft: World wheat prices 2000–2011. “Not only does the world’s food supply have to contend with constricted supply and increased demand for real grain, but investment bankers have engineered an artificial upward pull on the price of grain futures. Today, bankers are devouring everyone and everything below. Near the bottom toils the farmer. For him, the rising price of grain should have been a windfall, but speculation has also created spikes in everything the farmer must buy to grow his grain — from seed to fertilizer to diesel fuel. At the very bottom lies the consumer (Foreign Policy 27 Apr. 2011).

That need never have occurred had it not been for the diabolical consequences of the US Government deregulating grain speculation, with support from the US Congress over the past decade or more. By early 2008, upwards of 35% of all US arable land was being planted with corn to be burned as biofuel under the new Bush Administration incentives. Thus, the stage was set for the slightest minor market shock to detonate a massive speculative bubble in grain markets

The FAO of the UN estimates that since 2004, world food prices on average have soared by an unprecedented 240%. The offering of food commodities as a speculative alternative by the large banks and hedge funds exploded in 2007 when the US sub-prime financial tsunami first hit. Since then, speculation in food commodities has only gathered more momentum as other investments in stocks and bonds became highly dangerous. One result has been a predictably rapid rise in starvation, hunger and malnutrition in poorer populations around the world. From 2005 to 2008, the worldwide price of food rose 80 percent — and has kept rising. In the period from May 2010 through May 2011 the price of wheat rose again some 85%. “It’s unprecedented how much investment capital we’ve seen in commodity markets,” said Kendell Keith, president of the National Grain and Feed Association, in a recent interview.

Importing food is today the rule rather than the exception as cheap, globalized agribusiness products, often under IMF pressure, are being forced onto populations across the developing world, including formerly self-sufficient food-producing societies now rendered dependant on imported food. Imported food dependency is artificially created by huge multinational conglomerates such as Commodity pricesTyson Foods, Smithfield, Cargill or Nestle.

A detailed analysis of the grain price bubble of 2007-2008 by Olivier de Schutter, a UN Special Rapporteur on the Right to Food  concluded that “a significant portion of the increases in price of essential food commodities can only be explained by a speculative bubble.”

Right: Commodity price development 2009–2010. The Economist 4 Aug. 2010

The European Union finally agreed in 1993 to the GATT Uruguay Round, requiring a major reduction of national agriculture protection. Central to the Uruguay Round deal was agreement on one major change:  national grain reserves as a government responsibility were to be ended.
Henceforth, grain reserves were to be managed by the ‘free market,’ by private companies.
ADM
(Archer Daniels Midland), Continental Grain, Bunge and the primus inter pares, Cargill — the largest privately-held grain and agribusiness trading company in the world—emerged the great winners of the WTO process.
Former Cargill executive Dan Amstutz played the key role in drafting the agriculture trade section of the GATT Uruguay Round. In 1985 D. Gale Johnson of the University of Chicago (Rockefeller donation), a colleague of Milton Friedman, the author of this free trade idea, co-authored a seminal report for David Rockefeller’s Trilateral Commission that was the blueprint for what they called “market-oriented” agricultural reform. It provided the framework for the US position in the coming GATT Uruguay Round negotiations. The Rockefeller group and its think tanks were the architects of ‘agricultural reform,’ as with so much in our post-1945 world. Today, among major agriculture producing countries, only China and India still hold to a strategic security policy of nationally held grain reserves.

Wall Street Smells Blood
The elimination of national grain reserves in the USA and EU and other major OECD industrial countries set the stage for elimination of agricultural commodity derivatives regulation, allowing unbridled unchecked speculative manipulations. Under the Clinton Treasury (1999 – 2000) the elimination of grain reserves was formalized by the Commodity Futures Trading Commission (CFTC)—the government body charged with supervising derivatives trade in exchanges such as the Chicago Board of Trade (dominated by the Rothschilds for 140 years,  infiltrated by John D. Rockefeller and still run by Rockefellers) or NYMEX (a Wall Street partner)— and legislation was drafted by Tim Geithner (now treasurer) and Larry Summers at Treasury.

Kissinger-order-chaosBlankenfein-goldman-sachs
Left: Henry Kissinger was first to suggest the use of food as a weapon against overpopulation in 1974. Right: The Goldman Sachs CEO, Lloyd Blankfein is Rothschild´s puppet, the mastermind who engineered the increasing LDC famine through speculations in food prices reduce world population by starvation through rocketing food prices – as well as the engineer behind Greece´s and so the euro´s imminent economic default

At the time, the Commodity Futures Trading Commission (CFTC) proposed also to deregulate trading in derivatives between major banks or financial institutions, including derivatives of grain and other agricultural commodities, this facilitating the derivatives games leading to the 2007 financial collapse.

Some years earlier in 1991 Goldman Sachs had rolled out its own commodity “index.” Its GSCI let speculators gamble on the future price of an entire range of raw materials in one step.
Now bankers and hedge funds and other high-profile speculators were able to take huge positions or bets on the future grain price with no need to take delivery of actual wheat or corn at the end. The price of grain was now run by the new casino masters. The price could be manipulated for brief periods through rumor rather than fact. The only rule was to buy low and sell high.

SultBut there was another perverse twist: Goldman Sachs’ GSCI was structured so that investors could only buy the contract. No one could bet on a fall in grain prices with it. You only stood to profit from an ever-rising grain price and that happened. That long-only feature was done to encourage bank clients to leave their money with the bank or fund for the long term and let the bankers play with other people’s money, with huge potential windfall profits to the bankers — while any losses fell to the clients.

The fatal flaw was that the GSCI structure did not allow “short selling” that would force prices down in times of grain surplus. Investors were lured into a system that required them to buy and keep buying once grain prices rose for whatever reason. Soon other banks floated their own commodity index funds.

Since 2000 the totality of dollars invested in various commodity index funds –Goldman Sachs’ GSCI being the largest — has risen from some $13 billion in 2003 to a staggering $317 billion during the oil and grain speculation bubble in 2008.

Comment
This is the New World Order/The “international Community” generally protected by mankind, who simply brush aside any talk about it as “Pth! Conspiracy theory. Nevertheless, I dare call this New Order´s deeds just as diabolical as their factual master, Lucifer. Money, power at any price – even wars – over the bodies of their fellow humans. Excuse me.This “elite” has nothing to do with humanity in a spirital sense. They disgust mankind and want to reduce its number to less than 500 mio. (Georgia Guidestones). As the Bilderbergers just stated, war is a suitable means to obtain that goal. But famine is also suitable – as well as faked vaccination programs and chemtrails.

Soldiers-on-money

As for the social situation of the USA - Prof. James Petras Global Research 10.July 2011:  “In 1974, the top 1% of US individuals accounted for 8% of total national income but as of 2008 they earned 18% of national income.  And most of this 18% is concentrated in the hands of a tiny super-rich 1% of that 1%, or 0.01% of the American population. The number of middle income jobs is plunging:  From 1993 to 2006, over 7% of middle income jobs disappeared. The US now has the greatest inequalities among all the leading capitalist countries.
The “best and brightest” among his top officials are scampering to jump ship before the coming deluge: the Economic Guru Larry Summers, Rahm Emmanuel, Stuart Levey, Peter Orzag, Bob Gates, Tim Geithner and others, responsible for the disastrous wars, economic catastrophes, the gross concentration of wealth and the savaging of our living standards, have walked out or have announced their ‘retirement’. They are eager to hide from a future judgment over which policy makers and leaders and what policies led to the destruction of the American middle and working classes with their good jobs, stable pensions, Social Security, decent health care and respected place in the world.”