Tag: inflation

What Is Going On? Union Pacific Railroad Begins Restricting Rail Shipments of Nitrogen Based Fertilizer During Spring Planting Season

A leading manufacturer of hydrogen and nitrogen products was informed Union Pacific rail lines were reducing and limiting shipments of fertilizer during the planting season this year.

Who made this decision?

CF Industries reported:

CF Industries Holdings, Inc. (NYSE: CF), a leading global manufacturer of hydrogen and nitrogen products, today informed customers it serves by Union Pacific rail lines that railroad-mandated shipping reductions would result in nitrogen fertilizer shipment delays during the spring application season and that it would be unable to accept new rail sales involving Union Pacific for the foreseeable future. The Company understands that it is one of only 30 companies to face these restrictions.

CF Industries ships to customers via Union Pacific rail lines primarily from its Donaldsonville Complex in Louisiana and its Port Neal Complex in Iowa. The rail lines serve key agricultural areas such as Iowa, Illinois, Kansas, Nebraska, Texas and California. Products that will be affected include nitrogen fertilizers such as urea and urea ammonium nitrate (UAN) as well as diesel exhaust fluid (DEF), an emissions control product required for diesel trucks. CF Industries is the largest producer of urea, UAN and DEF in North America, and its Donaldsonville Complex is the largest single production facility for the products in North America.

“The timing of this action by Union Pacific could not come at a worse time for farmers,” said Tony Will, president and chief executive officer, CF Industries Holdings, Inc. “Not only will fertilizer be delayed by these shipping restrictions, but additional fertilizer needed to complete spring applications may be unable to reach farmers at all. By placing this arbitrary restriction on just a handful of shippers, Union Pacific is jeopardizing farmers’ harvests and increasing the cost of food for consumers.”

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Biden’s “booming economy” is just another front in the media’s war on reality

Did you know the economy was booming? This may come as a shock to anyone out there who a) is alive or
b) has to buy things, but it’s definitely true.

MSNBC and the New York Times said so.

Mehdi Hasan did a segment on his show.

NBC report “President Biden’s approval rating has fallen to lowest level of his presidency despite booming economy”, and Hasan just doesn’t understand why people would be “unhappy with the way Biden is handling the economy” when wages are growing and they’ve added a “record 6.4 million job” in 2021.

Now, OK, that reported 4.5% wage growth is lagging way behind inflation, meaning in real terms people are being paid less.

Yes, alright, the “new jobs” were really just (some) of the people who lost their jobs during lockdown being rehired.

And fine, the reason spending is increasing could be that everything costs more.

But seriously, we’re fine, it’s booming.

Now, some booming economy deniers, Russian bots or anti-vaxxers will doubtless point to all the “evidence” that the US economy is not booming.

They’ll probably point out that inflation is at a 40 year high, and likely to keep on rising.

That the current price of gas is the highest ever in US history.

That the US is expected to enter a recession by the end of the year.

That house prices are increasing so fast that experts are predicting a “housing bubble”.

That “homeless camps” and “tent cities” with populations in the thousands are popping up in dozens of cities.

That the “crippling sanctions” placed on Russia seem to have “accidentally backfired” and hurt the US economy badly.

And, most of all, that moves are afoot which could see major oil trades being done in Yuan, not dollars. A change that could potentially cause the death of the petrodollar, the end of the USD as the global reserve currency, and send the US economy into a death spiral somewhere between Black Monday and Weimar Germany.

Clearly, this is all just conspiracy theories and nonsense. The economy really is booming. Oh, and in more good news the chocolate ration has increased from 30 grams a week to 20.

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20 Facts About The Emerging Global Food Shortage That Should Chill You To The Core

A very alarming global food shortage has already begun, and it is only going to get worse in the months ahead.  I realize that this is not good news, but I would encourage you to share the information in this article with everyone that you can.  People deserve to understand what is happening, and they deserve an opportunity to get prepared.

The pace at which things are changing around the globe right now is absolutely breathtaking, but most people assume that life will just continue to carry on as it normally does.  Unfortunately, the truth is that a very real planetary emergency is developing right in front of our eyes.  The following are 20 facts about the emerging global food shortage that should chill you to the core…

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Democrats push for $300 a month stimulus checks to help Americans struggling to pay for sky-high gas prices as a gallon soars past $6 in LA and 73% of voters say they back tax breaks

With the price of gas rising across the U.S., lawmakers are developing a string of proposals to help motorists – from $400 rebates for all taxpayers in California to imposing windfall taxes on oil companies or a sliding scale of payments that could net families as much as $300 every month.

The average cost of a gallon has raced past $4 a gallon amid domestic inflation and the impact of Vladimir Putin‘s war in Ukraine.

This week, the average price of a gallon of regular gas in Los Angeles hit a record $6.011, even as the national average continued to decline slightly from the all-time high earlier this month, according to the AAA Gas Price Index. 

An opinion poll published Wednesday found that almost three quarters of voters were in favor of a holiday from federal energy taxes to ease the burden.

And lawmakers across the country are pushing legislation to bring down prices at the pumps.

A new bill proposed by three Democrats – Reps. Mike Thompson of California, John Larson of Connecticut and Lauren Underwood of Illinois – could be worth $300 each month to some families if the price of a gallon stays above $4.

‘Americans are feeling the impact at the pump of Vladimir Putin’s illegal invasion of Ukraine, and right now we must work together on commonsense policy solutions to ease the financial burden that my constituents are feeling,’ Thompson said in a news release. 

‘The Putin Price Hike is putting strain on our economy, and I am proud to be working with Reps. Larson and Underwood to introduce this legislation to provide middle-class Americans with monthly payments to ease the financial burden of this global crises.’ 

Their plan follows the model of COVID economic impact payments – offering $100 for single filers earning less than $75,000, plus $100 for each dependent. 

It is just one of a series of proposals unveiled recently.

In California, Democratic lawmakers want a $400 rebate for taxpayers – costing about $9 billion drawn from the state’s budget surplus and equivalent to the average gas tax paid by residents over a year. 

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