In 1921 36 companies were responsible for 85 percent of US grain exports. By the end of the 70s six companies controlled 90+ percent of Canadian, European, Australian and Argentinian grain and currently Cargill and Continental each control 25 percent of the world’s grain trade. While 37 nations have been plunged into food crisis Monsanto has had record sales from herbicides and seeds and Cargill’s profit increased by 86 percent. On the one hand these corporations use, wherever there is a perceived advantage, the poorer countries for cash crops, manufacturing using cheap labour, cheaper processing and they take advantage...
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So Wall Street has their cake and gets to eat it too. No surprise. And the politicians of all stripes wring their hands and make grandiloquent sound-bites of how they should be listened to. It’s just so much noise. Both Democrats and Republicans are shocked. SHOCKED! So much for the reputation of Ivy League education being excellent. Most of us could have seen it coming. Most pathetic are the various leftist groups coming up with more and more ludicrous slogans and demands. They call themselves “socialist” but advocate for the government to administer capitalism, an option which...
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The WSP got a an e-mail recently from some right-wing blogger for the New York Times who asked if we considered Barak Obama a socialist and if we supported his tax plans. blah, blah, blah. We won’t pass judgement on an article which may or may not see the light of day. But most likely this was another piece attempting to get someone calling themselves socialist to endorse Obama or one of his policies. Once that confession is procured, it will be widely touted as proof of Obama being a socialist, an elitist, etc. But is Obama...
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