Food speculation: ‘People die from hunger while banks make a killing on food’

01 Agriculture, 01 Poverty, 03 Economy, 07 Health, Civil Society, Commerce, Ethics, Money, Banks & Concentrated Wealth, True Cost

It's not just bad harvests and climate change – it's also speculators that are behind record prices. And it's the planet's poorest who pay
John Vidal Sunday 23 January 2011

article

Just under three years ago, people in the village of Gumbi in western Malawi went unexpectedly hungry. Not like Europeans do if they miss a meal or two, but that deep, gnawing hunger that prevents sleep and dulls the senses when there has been no food for weeks.

Oddly, there had been no drought, the usual cause of malnutrition and hunger in southern Africa, and there was plenty of food in the markets. For no obvious reason the price of staple foods such as maize and rice nearly doubled in a few months. Unusually, too, there was no evidence that the local merchants were hoarding food. It was the same story in 100 other developing countries. There were food riots in more than 20 countries and governments had to ban food exports and subsidise staples heavily.

The explanation offered by the UN and food experts was that a “perfect storm” of natural and human factors had combined to hyper-inflate prices. US farmers, UN agencies said, had taken millions of acres of land out of production to grow biofuels for vehicles, oil and fertiliser prices had risen steeply, the Chinese were shifting to meat-eating from a vegetarian diet, and climate-change linked droughts were affecting major crop-growing areas. The UN said that an extra 75m people became malnourished because of the price rises.

Continue reading “Food speculation: ‘People die from hunger while banks make a killing on food'”

Two U.S. Companies Helping Egypt Restrict Its People

Commerce, Commercial Intelligence, Cultural Intelligence, Law Enforcement, True Cost
GOOD magazine article

Although snuffing out dissent and cutting citizens off from the world aren't actions generally associated with the American ideal, two U.S. companies are helping the Egyptian government do just that as populist protests continue shaking the African nation.

The tear gas and smoke grenade manufacturer Combined Systems, Inc. is based out of Jamestown, Pennsylvania. But its wares have been showing up all over the Middle East as of late. On January 20, a photographer with the Eurpean PressPhoto agency was killed when a CSI tear gas canister struck him in the head at a protest in Tunisia. And throughout yesterday and today, CSI smoke bombs and tear gas have clogged the air and lungs in Cairo.

A less visible but possibly more important American-Egyptian partnership is that between the tech company Narus and the Mubarak autocracy. A subsidiary of Boeing, Narus sells hyper-complex, slightly creepy mass surveillance equipment. Its most famous creation is Narus Insight, “a supercomputer system which is allegedly used by the National Security Agency and other entities to perform mass surveillance and monitoring of public and corporate Internet communications in real time.”

Continue reading “Two U.S. Companies Helping Egypt Restrict Its People”

Reference: Intelligence for the Spirit of Assisi

Advanced Cyber/IO, Budgets & Funding, Collective Intelligence, Collective Intelligence, Commercial Intelligence, Communities of Practice, Counter-Oppression/Counter-Dictatorship Practices, Cultural Intelligence, Earth Intelligence, Ethics, Geospatial, Gift Intelligence, History, info-graphics/data-visualization, InfoOps (IO), International Aid, Journalism/Free-Press/Censorship, Key Players, Memoranda, Methods & Process, Mobile, Open Government, Peace Intelligence, Policies, Policy, Politics of Science & Science of Politics, Power Behind-the-Scenes/Special Interests, Real Time, Reform, Research resources, Secrecy & Politics of Secrecy, Standards, Strategy, Technologies, Threats, Tools, True Cost, Waste (materials, food, etc)
Click on Image to Enlarge

Letter to His Holiness Pope Benedict XVI

Steele Book Profile

Resume Robert David STEELE Vivas M4IS2

See Also:

28 Jan Seven Answers–Robert Steele in Rome

27 Jan Assisi-Rome 2nd Meeting

27 Jan Reference: Correspondence on Assisi Intelligence

16 Jan Event: 26 Oct 2011 Assisi Italy Pope, Peace, & Prayer — 5th Inter-Faith Event Since 1986 — Terms of Reference…

Worth a Look: Book Review Lists (Positive)

Worth a Look: Book Review Lists (Negative)

FuturICT Living Earth Simulator; EarthGame / Whole Earth Strategic Analytic Model

04 Education, Augmented Reality, Budgets & Funding, Civil Society, Collective Intelligence, Collective Intelligence, Commercial Intelligence, Counter-Oppression/Counter-Dictatorship Practices, Cultural Intelligence, Earth Intelligence, Geospatial, Gift Intelligence, History, info-graphics/data-visualization, Journalism/Free-Press/Censorship, Open Government, Peace Intelligence, Reform, Technologies, Tools, True Cost
go to the website

Today, we know more about the universe than about our society. It's time to use the power of information to explore social and economic life on Earth and discover options for a sustainable future. Together, we can manage the challenges of the 21st century, combining the best of all knowledge.

The FuturICT Knowledge Accelerator is a previously unseen multidisciplinary international scientific endeavour with focus on techno-socio-economic-environmental systems. The three main achievements of the FuturICT flagship will be the establishment of

  1. a Living Earth Simulator (global-scale simulation of techno-socio-economic systems),
  2. Crisis Observatories (for financial instabilities, scarcity of resources, emerging risks and conflicts, epidemics, etc.), and
  3. an Innovation Accelerator (identifying innovations early on, evaluating them across disciplines and supporting co-creation projects between different scientific disciplines, business, and governance).

Comment: This is not a new idea but has expanded to a great extent. The 2004/2005 proposal “Re-configuring the Global Organisms' Operating System Through Mobile Democracy” mentions a whole earth simulation of knowledge layers + mobile connectivity to access & add to systems so that more people are involved in the shaping of our world. The Earth Intelligence Network in connection with Medard Gabel has been advocating an EarthGame + a strategic analytic model to jump-start a prosperous world @peace.

Below was posted at the Games for Change forum on the subject:

Continue reading “FuturICT Living Earth Simulator; EarthGame / Whole Earth Strategic Analytic Model”

Health: Fish Watch (US) & the Bluefin Tuna Black Market Global Investigation (Global)

01 Agriculture, 04 Education, 07 Health, 08 Wild Cards, 12 Water, True Cost
link

http://www.nmfs.noaa.gov/fishwatch/

“..providing the most accurate and up-to-date information on seafood available in the U.S. FishWatch is brought to you by NOAA Fisheries Service, the U.S. authority on marine fisheries science, conservation, and management.”
;

;

;

;

;

report

Looting the Seas: How Overfishing, Fraud, and Negligence Plundered the Majestic Bluefin Tuna
;
:

:

:

Also see:
+ Seafood harvest calendar
+ FishPhone: Text 30644 with the message FISH and the name of the fish in question. We'll text you back with our assessment and better alternatives to fish with significant environmental concerns. Also: text the word BLUE to 30644 to opt-in to receive ocean-alerts, info on new seafood rankings and cooking tips.

Journal: Wall Street Financial Crime Spree Spins On….

03 Economy, 07 Other Atrocities, 10 Transnational Crime, 11 Society, Budgets & Funding, Commerce, Commercial Intelligence, Government, Money, Banks & Concentrated Wealth, Power Behind-the-Scenes/Special Interests, True Cost

A Secretive Banking Elite Rules Trading in Derivatives

By LOUISE STORY

Published: December 11, 2010

On the third Wednesday of every month, the nine members of an elite Wall Street society gather in Midtown Manhattan.

The men share a common goal: to protect the interests of big banks in the vast market for derivatives, one of the most profitable — and controversial — fields in finance. They also share a common secret: The details of their meetings, even their identities, have been strictly confidential.

Drawn from giants like JPMorgan Chase, Goldman Sachs and Morgan Stanley, the bankers form a powerful committee that helps oversee trading in derivatives, instruments which, like insurance, are used to hedge risk.

In theory, this group exists to safeguard the integrity of the multitrillion-dollar market. In practice, it also defends the dominance of the big banks.

The banks in this group, which is affiliated with a new derivatives clearinghouse, have fought to block other banks from entering the market, and they are also trying to thwart efforts to make full information on prices and fees freely available.

Read the rest of this long “baseline” look at the derivatives crime family.

Phi Beta Iota: Derivatives are legalized financial crime, and a major reason why these criminal assets inflated in value seventeen times while asset-based values only went up five times during the same period addressed by William Greider in his latest book, Come Home America: The Rise and Fall (and Redeeming Promise) of Our Country.  Any government that permits derivatives trading is itself complicit in this crime against humanity.

See Also:

Review: Griftopia–Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America

Review: Empire of Illusion: The End of Literacy and the Triumph of Spectacle

Review: The Battle for the Soul of Capitalism