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Big Corporations Have An OVERWHELMING Amount Of Power Over Our Food Supply

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10 Corporations Control What We EatFrom our fields to our forks, huge corporations have an overwhelming amount of power over our food supply every step of the way.  Right now there are more than 313 million people living in the United States, and the job of feeding all of those people is almost entirely in the hands of just a few dozen monolithic companies.  If you do not like how our food is produced or you don’t believe that it is healthy enough, it isn’t very hard to figure out who is to blame.  These mammoth corporations are not in business to look out for the best interests of the American people.  Rather, the purpose of these corporations is to maximize wealth for their shareholders.  So the American people end up eating billions of pounds of extremely unhealthy food that is loaded with chemicals and additives each year, and we just keep getting sicker and sicker as a society.  But these big corporations are raking in big profits, so they don’t really care.

If we did actually have a capitalist system in this country, we would have a high level of competition in the food industry.  But instead, the U.S. food industry has become increasingly concentrated with each passing year.  Just consider the following numbers about the U.S. agricultural sector…

The U.S. agricultural sector suffers from abnormally high levels of concentration. Most economic sectors have concentration ratios around 40%, meaning that the top four firms in the industry control 40% of the market. If the concentration ratio is above 40%, experts believe competition can be threatened and market abuses are more likely to occur: the higher the number, the bigger the threat.

The concentration ratios in the agricultural sector are shocking.

-Four companies own 83.5% of the beef market.
-The top four firms own 66% of the hog industry.
-The top four firms control 58.5% of the broiler chicken industry.
-In the seed industry, four companies control 50% of the proprietary seed market and 43% of the commercial seed market worldwide.
-When it comes to genetically engineered (GE) crops, just one company, Monsanto, boasts control of over 85% of U.S. corn acreage and 91% of U.S. soybean acreage.

When so much power is concentrated in so few hands, it creates some tremendous dangers.

And many of these giant corporations (such as Monsanto) are extremely ruthless.  Small farmers all over America are being wiped out and forced out of the business by the predatory business practices of these huge companies

Because farmers rely on both buyers and sellers for their business, concentrated markets squeeze them at both ends. Sellers with high market power can inflate the prices of machinery, seeds, fertilizers and other goods that farmers need for their farms, while powerful buyers, such as processors, suppress the prices farmers are paid. The razor-thin profit margins on which farmers are forced to operate often push them to “get big or get out”—expanding into mega-operations or exiting the business altogether.

Of course the control that big corporations have over our food supply does not end at the farms.

The distribution of our food is also very highly concentrated.  The graphic shared below was created by Oxfam International, and it shows how just 10 gigantic corporations control almost everything that we buy at the grocery store…

10 Corporations Control What We Eat

And these food distributors are often not very good citizens either.

For example, it was recently reported that Nestle is running a massive bottled water operation on a drought-stricken Indian reservation in California

Among the windmills and creosote bushes of San Gorgonio Pass, a nondescript beige building stands flanked by water tanks. A sign at the entrance displays the logo of Arrowhead 100% Mountain Spring Water, with water flowing from a snowy mountain. Semi-trucks rumble in and out through the gates, carrying load after load of bottled water.

The plant, located on the Morongo Band of Mission Indians’ reservation, has been drawing water from wells alongside a spring in Millard Canyon for more than a decade. But as California’s drought deepens, some people in the area question how much water the plant is bottling and whether it’s right to sell water for profit in a desert region where springs are rare and underground aquifers have been declining.

Nestle doesn’t stop to ask whether it is right or wrong to bottle water in the middle of the worst drought in the recorded history of the state of California.

They have the legal right to do it and they are making large profits doing it, and so they are just going to keep on doing it.

Perhaps you are thinking that you can avoid all of these corporations by eating organic and by shopping at natural food stores.

Well, it isn’t necessarily that easy.

According to author Wenonah Hauter, the “health food industry” is also extremely concentrated

Over the past 20 years, Whole Foods Market has acquired its competition, including Wellspring Grocery, Bread of Life, Bread & Circus, Food for Thought, Fresh Fields, Wild Oats Markets and others. Today the chain dominates the market because it has no national competitor. Over the past five years its gross sales have increased by half (47 percent) to $11.7 billion, and its net profit quadrupled to $465.6 million. One of the ways it has achieved this profitability is by selling conventional foods under the false illusion that they are better than products sold at a regular grocery store. Consumers falsely conclude that these products have been screened and are better, and they are willing to pay a higher price.

The distribution of organic foods is also extremely concentrated. A little-known company, United Natural Foods, Inc. (UNFI) now controls the distribution of organic and natural products. Publically traded, the company has a contract with Whole Foods and it is the major source of these products for the remaining independent natural food stores. This relationship has resulted in increasingly high prices for these foods. Small manufacturers are dependent on contracts with UNFI to get their products to market and conversely, small retailers often have to pay a premium price for products because of their dependence on this major distributor. Over the past five years, UNFI’s net sales increased by more than half (55.6 percent) $5.2. billion. Its net profit margin increased by 88 percent to $91 million.

Everywhere you look, the corporations are in control.

And this is especially true when you look at big food retailers such as Wal-Mart.

Right now, grocery sales account for about half of all business at Wal-Mart, and approximately one out of every three dollars spent on groceries in the United States is spent at Wal-Mart.

That is absolutely astounding, and it obviously gives Wal-Mart an immense amount of power.

In fact, if you can believe it, Wal-Mart actually purchases a billion pounds of beef every single year.

So the next time someone asks you where the beef is, you can tell them that it is at Wal-Mart.

On the restaurant side, the ten largest fast food corporations account for 47 percent of all fast food sales, and the love affair that Americans have with fast food does not appear to be in danger of ending any time soon.

Personally, if you do not like how these corporate giants are behaving, you can always complain.

But you are just one person among 313 million, and most of these big corporations are not going to consider the ramblings of one person to be of any significance whatsoever.

Collectively, however, we have great power.  And the way that we are going to get these big corporations to change is by voting with our wallets.

Unfortunately, the vast majority of Americans seem quite satisfied with the status quo.  So the population as a whole is likely going to continue to get sicker, fatter and less healthy with each passing year, and the big food corporations are going to keep becoming even more powerful.

  • K

    When large companies and the government work together. To assist each other to the determent of the general population. There is a name for that fascism. That is what America has become. The Fascist States of America.

    • K2

      Spot on!

    • K2

      It reminds me of hitler. He was the ‘perfect’ fascist….sadly for the detriment of others.

  • Mondobeyondo

    Wal-Mart, Tysons Poultry, Cargill, etc… they could care less about the quality of your food. It is a business, and their job is to make a profit. You and your kids get fat in the tummy – the big corporations get fat in the wallet.

    • kfilly

      I think it is more than just for these companies to make a profit. I think they are in collusion with the pharmaceutical companies. The food companies sell the people crap that gets them sick. The pharmaceutical companies come to the rescue with wonderful new medications. It is bad all the way around.

      • http://www.mindbodygreen.com Kim

        I agree. When they knowingly add things like brominated oils (flame retardant) dyes and other chemicals to “enhance flavor” knowing these additives are toxic over time, makes one wonder…sounds like collusion all the way around.

        • libbydbone

          just before I looked at the receipt ov $8130 , I
          didn’t believe that my sister woz like actualy bringing in money part-time from
          there pretty old laptop. . there aunts neighbour has been doing this 4 only
          about 22 months and at present repayed the mortgage on their appartment and
          bought themselves a Chrysler . see here C­a­s­h­f­i­g­.­C­O­M­

          • michaeljashley

            My Uncle
            Joshua just got an almost new white Kia Rio Hatchback only from working
            part-time off a home computer. try this C­a­s­h­f­i­g­.­C­O­M­

      • Mondobeyondo

        I wouldn’t doubt for a moment, that the big pharmaceutical companies and the mega food corporations are in league together. One of those ultimate “unholy alliances”… “you make them sick, and we’ll give them the pills and drugs to cure them”.

    • Mike Smithy

      I think Cheetos get a bad rap. You only have to eat six (6) 8oz. bags to get the Recommended Daily Allowance (RDA) of Iron. However, you only have to eat three (3) 8oz. bags to get the RDA of Riboflavin. (Sarc off).

  • Tim

    “And the way that we are going to get these big corporations to change is by voting with our wallets.”

    Support small farms in your area. Two excellent sites that will help you find good, nutritious food in your area are eatwild.com and localharvest.com.

    • http://www.mindbodygreen.com Kim

      Excellent websites. Thx

  • Darth Maul

    If you want this to stop, you HAVE to take action against this corporations.

    But this action can seem a bit harsh – some might call it insurrection or terrorism.

    But there is no other way. Or else: stay asleep. Consume! Obey! Buy!

  • patriot alice

    What is the alternative? Small farms? Our food supply is plentiful because of these huge corporations. All is well, stop finding fault.

  • davidmpark

    Well Mike, it’s a little more complicated than what you have here. What you’ve stated is correct for the most part. But there are also the Federal, State, County, and City regulations. I’ve mentioned this before: many of the foods we eat came under a lot of gov control during FDR’s new deal. Those laws were never repealed. When I interviewed with Malt-O-Meal, I asked about the company size and about this structure. Their reps said these companies had no choice but to organize this way as smaller producers never came under government protections.

    And when I worked as a Chef (yes; I’m a certified Chef de Cuisine too), those companies were quite easy to work with. As a caregiver they are all very good about discounts, coupons, and freebies here and there. I’m sure overall they’ve got some issues with certain employees, managers, and executives. However, my garden and production is far superior anyway :) Most of what they sell as finished product I can make at home with higher quality and quantity compared to their price.

    And I’ve looked into the GMO’s. Have some mixed opinions on the subject. On one hand they are an improvement overall: less land, water, pesticides needed for larger yields; on the other is sustainability problems – what will happen if the patents are no longer valuable, or what happens if it mutates, or what happens to heirlooms if they cross-pollinate… a lot of variables.

    And I’d like to point something out. The LDS Church has A LOT of farmland and production plants. The cattle ranch in Florida is the largest in the US. In fact, a lot of the smaller mom-and-pop farms are being bought by the Church’s agricultural holding companies, many of which still employ the same farmhands. Most of the foods produced are not for commercial purposes – some is sold to pay for payroll and tax expenses. The foods are already purchased by members of the Church for the sole purpose of feeding the poor and afflicted worldwide. And these foods are provided free-of-charge to anyone in need; not just members. The Church’s agricultural holding companies are as large as the ones mentioned above, but is meant to feed those who cannot for reasons beyond their own control. For the reason of pure religion.

    • Malcolm Reynolds

      or what happens to heirlooms if they cross-pollinate
      Baker Creek had a lengthy article in their last catalog about this. They genetically test their heirlooms and more and more each year are becoming contaminated with GMO.

      • Guest

        Not good.

      • Orange Jean

        Pretty creepy, and personally Monsanto* is on the top of my list for bad guys~ *for those of you unaware, it’s my understanding that Monsanto was also responsible for Agent Orange.

        Locally, I’ve noticed also in the past 2 years that I have had increasing difficulty getting my seeds (even organic ones) to germinate. I do wonder if that has something to do with it, as I live in a big “agriculture” area.

        PS my name here having nothing to do with Agent Orange, BTW… it was the color of my old picture before Michael had change the website, and someone had taken my original name Jean, so I wanted to be sure people knew who I was.

        • Malcolm Reynolds

          That article in the catalog named Monsanto as their bane because Monsanto are the evil bastards that sue companies out of existence when their GMO contaminates someone’s crops.
          Ya know, I’m having this fruiting problem this year. I decided to use the mittleider fertilization method and, as advertised, my plants are MASSIVE and they look super healthy. My tomatoes must have well over a dozen fruit branches but in all of them, I’ve literally got two tomatoes the size of quarters. I’ve been so worried that every sucker I cut off, I stick it in the ground. LOL, I’ve got prolly 20 tomato plants out there growing now.

          • davidmpark

            Too much nitrogen. Add phosphates and potassium for fruit growth. Might need trace nutrients. Seriously, get rabbits; best fertilizer EVER!

            And we now have the legal right to harvest them for non-commercial entities in Salt Lake County; won that fight last May.

          • Malcolm Reynolds

            I used the Mittleider recipe.
            I used a base of 16-16-16, a bag of Epsom salts and added the baggie of all the trace minerals. Perhaps I didn’t mix it well enough..

          • davidmpark

            Yeah, that sounds like it should’ve worked… except the Epsom salt – never heard of that in soil conditioning. Coarse mixing should’ve been enough. It all gets diluted with water and mixes anyway.

            What about acidic soils? if the pH is off, then the nutrients are grabbed by the soil and locked up. Salt Lake County has some really acid soil.

          • Malcolm Reynolds

            Hehehehe. I use raised beds with my own mix of composted soils, peat moss, manure, potting soil, etc. I haven’t checked the pH this year so I should do that.
            I have hoops and shade cloth that shade every bed during the hottest hours of the day and I even sprinkled some dried up dead leaves across the soil to help keep the water in. The corn and the tomatoes are too tall to be shaded on top (plus the string supports on the toms, so the shade cloth blocks is on the west side, blocking all the late afternoon sun.
            I’m know the shade cloth isn’t preventing the HOT because some of the flowers on the fruit branches were all shriveled and dried on the stalk.
            lol, my niece is visiting and when she went in the back yard she was like, ‘wow, what is that, the science garden of the future’.

          • Malcolm Reynolds

            I wish Michael would allow pictures, I’d post a few of my garden so you could see it all.

          • Community College Student

            You could post it to flickr or photobucket or imgur or deviantart or some other site and post the link…

        • kfilly

          Don’t worry Clarence Thomas will protect the people from Monsanto. Oh wait, he voted for Monsanto over the people in every case he heard. I wonder if his four years as working as a lawyer for them had any influence in his decisions while on the Supreme Court.

          • Malcolm Reynolds

            You mean Clarence Thomas has become a super justice, making decisions on his own!?
            WOWZERS! Someone should stop him.

          • kfilly

            So, you’re ok with a Supreme Court Justice not excluding himself from cases that involve a possible conflict of interest. I also imagine your ok with the corporate owned Supreme Court ruling in favor of corporations like Monsanto on a regular basis.

          • Malcolm Reynolds

            If you’re gonna put words in my mouth, perhaps you’d just like to have the conversation with yourself.
            Go ahead, I’ll sit here and laugh at you. “corporate owned Supreme Court ” you rate getting laughed at.

        • davidmpark

          Dow was the producer of Agent Orange.

        • davidmpark

          Check your soil; might be nutrient depleted or at least lacking some B vitamins. It’s a very common issue. Soil could’ve gone acidic; have you used hydrated lime?

      • davidmpark

        Okay, found the article.

        Seems natural – despite Monsanto and others claiming that GMO’s won’t cross-pollinate with other species. If that’s possible, then keeping a patent on GMO seeds seems impossible.

  • callmecordelia1

    “So the next time someone asks you where the beef is, you can tell them that it is at Wal-Mart.”

    Haha! Thanks for the chuckle, Michael! :) Sometimes you can either laugh or cry, so you might as well laugh.

    This is why I’m learning to grow my own food. It’s a steep climb, and it will probably be many years (if ever) before I grow all of the food my family eats. But $5 less spent on questionable food per week is progress. I’ll just keep pluggin’ away.

    • Hambone

      For what it’s worth, we buy grass-fed beef from local farmers. It’s not expensive at all — the only downside is you have to buy a lot at a time — we buy a 1/2 a cow. The taste is amazing, though, and it’s much better for you than grain fed moo-moos.

      The wife and I also butchered four ducks this past weekend. It was my first time. I think it’s good to do it as a means of sustainable living, but also so you know how if you ever need to.

      • Mike Smithy

        Live long and prosper my Vulcan friend. Kirk out.

      • callmecordelia1

        I have chickens, and I originally thought I might butcher them for meat, but I’ve discovered that I’m too much of a weenie to do it! Haha! So I enjoy their eggs instead. I tell you one thing, owning a few animals really makes you stop and think about where your food is coming from. I’ve eaten less chicken since I’ve had my chickens. :) I’ve thought about doing the 1/2 cow thing, but haven’t done it yet. Good ideas!

    • K2

      I agree. I was about to post the same thing. It stood out. You should do this more michael.

  • Ben

    Maine has gained nearly 1,000 small farms in the past decade. I hope we continue this trend, because we will remain a free people. Oh, and we have sustainable water tables.

    • Keywee

      And you have Stephen King. I’m sold.

  • Onster Capp

    Thoes company ceos are evil. They should come out with A new product called the ceo creature.

  • Onster Capp

    I hate large company ceos. They are rich fat cats.

  • Cynical Guy 42

    Where should we go for our food? People may not be aware of folks other than the major stores.

  • chilller

    This same discussion extends proportionally to Big Pharma. The FDA was created to protect us from Big Pharma’s zeal to make money for their shareholders at our expense. Well they took care of that problem by having Big Pharma’s execs become Big FDA execs to pave the way for Big Pharma’s share holders. And the same pattern of abuse extends across all corporations, all US product lines bent on making a buck at anyone’s expense, be it health, financial or social.

    • Hambone

      The FDA is like just about every federal agency. A bloated, useless organization that thinks it can run our lives better than we can. They will us with misleading information like their “heart healthy” labels and tell us to gorge ourselves on grains and carbs (300g/day) and also try to convice us that fat is bad.

      And yes, they are in bed with big Pharma.

      I really hate our government.

  • http://www.mindbodygreen.com Kim

    Processed food is horrible, and it’s becoming more processed with the passing of time. I try to shop at Food Front when I can but it’s so expensive. Summer is a good time to stock up on local produce. Also get to know what comes up in your area on its own- for example we have asparagus, berries, mushrooms and more that grow wild in my area. Canning and/or drying these foods for future use is easy.

    What is more frightening to me than the scale and concentration of our food supply among a few large corporations is chain of distribution. Who really cultivates a garden or raises enough livestock for meat consumption to feed themselves and their families 100% of the year (or even close to that?) We rely on distribution for almost everything we consume. Even a minor disruption in the chain of distribution could lead to disaster.

    • Mondobeyondo

      I hate processed food too. But many people due to economic necessity have little to no choice.

  • chris

    One of the questions is if obese people eat more food than slimmer people isn’t there a vested interest on behalf of the food retailers etc to generate more obese people because they will buy more food and lead to bigger profits. You can do this by gimmicks such as claiming your product is low in fat while packing it full of sugar.

  • Bob

    I am appalled at the number of products at Whole Foods that have refined sugar in them. They should rename their store Fragmented Foods!

    • Orange Jean

      And I’m appalled at the number that are imported from foreign countries, especially Mexico… which has little to no regulations on a lot of very dangerous things.

      Working for the communicable disease department for the County of San Diego for a few years, we saw LOTS of very nasty foodborne outbreaks that ended up being due to food imported from Mexico. Like the one when people got sick from tomatoes imported from Mexico, which we found had been irrrigated with SEWER water.

  • Bob

    Everyone should learn how to compost and plant a large garden every year. This would produce much local, healthy produce. This would stifle large corporations such as Whole Foods. Plant a garden! Plant fruit trees! Buy local!

  • LibertyChick

    Wish they mentioned some other places to purchase in our efforts to vote with our wallets. I realize farmers markets are one of them, and I try to do as much purchasing as possible there. But in the winter it’s not an option. And also for household items that are only at grocery stores, are there some more independent chains that no matter where I go I can probably find something and not feed the beast? Open to ideas….

  • fjord

    “-Four companies own 83.5% of the beef market.”

    THIS is why feeder prices are double what fattened cattle cost, at the moment (and have been since early spring and probably will be for the next 5 years).

    Every independent small farmer I know has decided NOT to restock their cattle barns, because they can’t invest, they have to take out huge loans with possible huge losses, in order to do so.

    I’m convinced this is orchestrated to keep people dependent upon the big corps.

    • Mudpie

      I am not an apologist for big corporation but there are other reasons beef is so expensive. All commodities are going to start getting jacked up.

  • arizonadiane

    Just as Washington DC politics, these companies also have lost the direction and purpose for Americans. It is all about politics and money. The American people do not matter, in fact….. apparently they are in the way and need to go.

  • Richard O. Mann

    Eat, drink, and be merry, for tomorrow, who knows. HA!

    • davidmpark

      We diet!

  • grumpyhillbilly

    My oldest brother sells veggies at various farm market . If you think all the produce is coming from his farm, think again. He has to produce so much to pass regulations. The state inspectors and municipal tax collectors are likely going to kill the farm markets and roadside stands

    The big corporations are the ones who have learned to play the game. They’ve bought out the mom and pop companies, who more or likely gave up due to regulations and taxes. From a farmers perspective the big corporations aren’t the worse to deal with. That title is a toss up between huge milk coops and the government.

    I’d say grow your own, but many municipalities have zoning ordinances against backyard chickens and goats. Some forbid gardens. Sadly home owner associations make local government seem rational. Then you have the EPA, who will be screwing all of us out of everything sooner or later.

    Its a snowball that keeps rolling, and honestly I’m not sure you can stop it. Outside of your own garden or a honest farm stand, the best thing I think you can do is buy canned or frozen veggies and meat. Its been harvested for immediate processing, and you really won’t beat that for nutrients even if its a major corporation doing the processing. Although its not everybody’s cup of tea, hunting and fishing would give you a source of omega rich meat. I’d avoid wheat products, because that is likely the cause of most of our weight problems.

  • Tom

    I work for one of the major food companies listed so let me give you my perspective. First of all, food companies have to make money, they are not charities. The only way food companies can make money is if they give consumers what they want. You want cheap, we give you cheap. You want convenience and shelf life, we give you convenience and shelf life. You want taste, we give you taste and if you want healthy we give you healthy. I can tell you from experience that healthy is not on the top of the list and usually ranks forth or fifth. We have had a lot of healthy products that went to the market that failed because of cost or convenience or taste.
    Basically what I am saying is food companies give you what you want. There is not some evil plot to make people fat or unhealthy. The industry is heavily regulated and all ingredients are on the label. If the county is not eating healthy it is because it consciously chooses other things over health. If consumers raised health to the top of the list the major food companies would be falling over each other to put out healthier food.
    You vote with your wallet every time you go to the store. If you want to eat healthy you can eat kale from Whole Foods. That’s fine, but don’t blame the food companies for the choices people make.

    • Drud

      You are so correct, Tom. I often say that we are ALL complicit in the collapse that is headed our way. We have simply worshiped at the altars of growth and convenience for far too long. It is an easy trap to fall into, I mean, who doesn’t want growth and convenience, right? But in the long run they will cause tremendous, perhaps catastrophic, damage. These things MUST change at a cultural level; there is no policy, or law, or statute, or any other piece of legislation that can change the way we each perceive the world and the things that we truly value. Unfortunately, the only way our society will change at that deep, cultural level, is to go through the inevitable coming collapse.

    • Handog

      I was at the airport recently waiting on a flight. There was a McDonald next to a vendor which had salads and other healthy choices. The McDonalds had a long line. You could walk right up to the counter at the other.

    • Christodophilus .

      That’s somewhat misleading, Tom.

      Major food companies have substantially large marketing budgets, in which to persuade consumers to buy what is most profitable for them to produce.

      If there was no profitability to be had from said marketing, why do these major food companies spend billions every year on it? Especially in the area of direct marketing to children. They wouldn’t spend billions, if they weren’t receiving an equally substantial return from it.

      Who advertised to consumers they should desire cheap, convenient food with a long shelf life? Marketing firms did – not consumers. Who paid them to do it, but food supply businesses.

      It is somewhat evil to know what you’re selling to people contains substances from a laboratory, which could harm children’s development – but advertise it as a fun way to eat with your family and friends anyway.

      By suggesting we shouldn’t blame the companies for the choices people make, when they advertise non-stop for people to just enjoy the (insert Name brand here), is very misleading information, Tom.

      Consumers first have to acknowledge they are eating poison supplied by said food companies. How easy is that, when yet another billion heads off to the marketing executives, to convince another generation that food they sell is good for everyone.

  • nunyabness

    Ahh, A convenient list of items not to buy. There’s not one single thing on there that anyone needs. And none of those items are healthy to consume (except the water).

  • tfb

    Just finished reading “Not a Drop to Drink” a book about the rising corporate water wars. It’s going to be an interesting next 10 years!

  • frank1569

    The answer is simple: vote with your money. If ya stop giving Big Food, or Big Oil, or Big Bank your hard-earned dollars, they’ll eventually go away. (Remember Blockbuster? Et al?)

    And if ya convince 2 other people to also spend conscientiously, and they convince 2 people, and so on, the next thing ya know, Trump Plaza in AC is closed and bankrupt.

    All the Big Corps care about is our money. Without it, they die. Period.

    • chilller

      We saw in Cyprus what happens when banks don’t get enough money…they steal it straight out of you account. How is that moral, legal or ethical? Time for this gubermint to GO!

    • wally

      They own everything. So your solution is don’t drive, don’t eat and stuff your money in a mattress…Yea I like that idea. The reason trump plaza is closing is the huge saturation of indian casinos. More supply = less demand.

  • Selaretus

    “Everywhere you look, the corporations are in control.”

    Blah, blah, blah we all know this. If it bugs you so much, don’t buy stock in these ‘corporations’. Or if you DO own stock in these companies, YOU are part of the problem! Sell it! Make a statement!!!

  • wally

    You left out very important parts Michael. These corporations are all very big political donors. That being the case they in themselves hold much more power. Walmart employs slave labor among many other offenses that should create criminal charges but they do not. These corporations control much more than food supplies, they also control water and they all have surprisingly close ties to the UN. Mao, Hitler and Stalin all used food and water control to subjugate the masses and if you think for a minute this can’t happen here…You are a fool!

  • Sandbagger

    I don’t think the vast majority, when asked to really look at the situation as Michael has presented it, WOULD be okay with the status quo.

    The vast majority are so overwhelmed with work and family obligations that they don’t have TIME to dig for information and so they rely upon the easy mainstream media for their news and also what they should “worry” about.

    The true problem here is the stock market. Publicly traded companies.

    Wall St. is KILLING Main St. As we all shall see soon when this current insane house of cards tumbles.

  • Grinding Ax

    Color me crazy, but people are going to have to relearn how to grow their own food, damn whatever local government regulations say about not doing so. People are also going to have to learn how to put up their own food, grow and slaughter chickens, and some of will even have to learn to hunt. It’s possible to lower dependence upon commercial foods, and it’s the only way many people are going to get by in the coming collapse.

    People are also going to need to relearn how to participate in a local economy. Do business with the local pig and cattle farmers, know your local bee farmers, etc… I am telling you the only way to get by in even moderate comfort over the next 20 years is going to be self-sufficiency to the greatest possible extent.

    And poo-poo this all you want, but people also need to get back into their church communities so that when they really need help it’s there. Like the feds are going to do it when push comes to shove? Ha! The EBT cards will be empty and people will go hungry. Rebuild community and it’ll be a good start.

    So sad to me that the basics of life have been shunned for government help and dependence…

    • Guerrero_viejo

      I grew up “country poor” and never got over it. I have enough in the top of my garage for a year. (There’s only two of us)
      My wife does all the grocery shopping because I don/t understand it.
      You eat to live not live to eat. I enjoy the ice cream but the meat is awful. It’s rotten!

  • geronl

    This author operates outside of what we call reality. The government has an iron grip on the agricultural sector of this economy. The government forces growers to dump large portions of their crops in order to artificially raise prices. You need a federal license to grow a peanut. Ever heard of the Dairy Compact? The Egg Board? Did you know that in 2009 or so, millions of pounds of tart cherries were left to rot on the ground by government edict, in order to raise prices. The US had to import tart cherries to make pie filling that year. The government had a program that was taking upwards of half the crop of table grapes out of the market. It was finally tossed in a lawsuit. We have a Soviet-type agricultural system in this country. We have government programs paying farmers not to grow stuff, paying them to grow stuff, paying them if they grew too much or too little. It is totally insane what our government does and has been doing in some cases since the 30’s.

    To write an article like this and totally ignore all this is beyond preposterous.

  • Shootist

    Inordinate?

    Nonsense.

  • geronl

    So my post was deleted for pointing out some facts this author would like people to not see?

  • geronl

    The government has an iron grip on the agricultural sector of this
    economy. The government forces growers to dump large portions of their
    crops in order to artificially raise prices. You need a federal license
    to grow a peanut. Ever heard of the Dairy Compact? The Egg Board? Did
    you know that in 2009 or so, millions of pounds of tart cherries were
    left to rot on the ground by government edict, in order to raise prices.
    The US had to import tart cherries to make pie filling that year. The
    government had a program that was taking upwards of half the crop of
    table grapes out of the market. It was finally tossed in a lawsuit. We
    have a Soviet-type agricultural system in this country. We have
    government programs paying farmers not to grow stuff, paying them to
    grow stuff, paying them if they grew too much or too little. It is
    totally insane what our government does and has been doing in some cases
    since the 30’s.

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