J. C. Cole: Memorandum for the President on Near-Term Potential for Collapse of US Food Supply Chain

MEMORANDUM FOR THE PRESIDENT OF THE UNITED STATES 20 June 2019 Subject: Near-Term Potential for Collapse of US Food Supply Chain 1. Background. America imports 50% of their food. Of the other 50% we produce ourselves, 80% is grown in the mid-west and 20% of that is grown in California severely regionalizing it. The average …

Wayne Jett: One Fed Two Debts — US Owes Fed and the Fed Owes Us — GOOD NEWS AMERICA!

ONE FED – TWO DEBTS U. S. Owes Fed. Fed Owes Us! Most Americans think of the Federal Reserve – if at all – as owning much of the debt owed by the federal government, managing interest rates and setting monetary policy. As recently detailed here, the Fed actually owes much more debt than it …