Global Food Prices Jump Most In 18 Months As Supermarket Inflation Storm Worsens

The world could be on the cusp of another food inflation shock as the benchmark for world food commodity prices recorded the fastest monthly increase in 18 months in September.

A perfect storm of war in Eastern Europe and broadening conflicts in the Middle East, snarled maritime supply chains, extreme weather across croplands, de-growth climate change policies pushed by the far-left in the West, and rogue central bank money printing have all contributed to sticky food inflation.

The Food and Agriculture Organization of the United Nations’ Food Price Index, which tracks the international prices of a basket of globally traded food, averaged 124.4 in September, up 3% from August and 2.1% higher versus the same month one year ago.

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Who Wins When the Longshoremen Go on Strike?

Some things are true — for collectivist communists and individualist capitalists, for all people, regardless of who they are.

For decades now, Americans have been inundated with propaganda that the only entity that cares for them is found in the Democrat party, as collectivism has been promoted as America’s savior and individualism and individual liberty have been castigated as “selfish” and self-serving.  But although there is no shame in looking out for one’s own interests, there is plenty of shame in it when you put the entire population and the nation at risk in the process, which is precisely what the International Longshoreman’s Association is doing, as it just went on strike, four and a half short years after the supply chain suffered a catastrophic break and economic repercussions the nation is still handling. 

Unionists and collectivists claim to be for “the little man” and “the working man,” but in reality, they are only for themselves.  They are special interest groups primarily seeking to make gains for only those who are associated with them, and to hell with all others. 

Early last month, the president and chief negotiator of the longshoremen’s union, Harold Daggett, detailed (15 min., 24 sec. mark) how he would shut the nation down unless his demands were met: “I will cripple you, and you have no idea what that means.  Nobody does.”

Yes, it certainly does sound as though Daggett and his people stand for the working man and all Americans, as one can readily see and understand that such a tactic will hurt all Americans, some more than others.  But these collectivists make anywhere between $85,000 and $200,000 a year, depending on how much overtime they work, whereas the average salary in America is approximately $56K.  Their demands are both unreasonable and unrealistic, as they now demand “a 77% percent pay raise increase over six years” and chafe against new technology for fear of lost jobs.  They all have nice little nest eggs set aside and can weather this shutdown infinitely better than those making only minimum wage, who will suffer during this strike, as shelves empty and many products become impossible to find, and all products’ prices rise to new, exorbitant highs. 

The cost of this strike will be approximately $4.5 billion per day, according to investment bank J.P. Morgan.  For each day, one can expect a week to recover, compounding the problem exponentially the longer it lasts.  You can bet your bottom dollar that the corporations will pass along this loss to consumers in higher prices for everything.

Americans concerned over individual liberty would never do this.  We understand that the best solutions are those that only serve all Americans equally.

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Here’s How the Dockworkers Strike Could Affect Us

Just in case getting supplies isn’t expensive enough (or difficult enough in the areas hit by Hurricane Helene), now the dockworkers from Maine to Texas have gone on strike. And whether they win or lose their standoff, it’s the American consumers who will lose the most.

Last night, at midnight, the contract between the ports and nearly 50,000 members of the International Longshoremen’s Association expired. Workers immediately walked off the job. Thirty-six ports are currently affected by the strike.

(If you plan to use Amazon to stock up, please use my affiliate link to get there. It costs you nothing extra but helps us out a lot!)

What do the dockworkers want?

Well, your mileage may vary. Here’s their statement:

In a statement to ABC News early Tuesday, the International Longshoremen’s Association (ILA) confirmed the union’s first coastwide strike in nearly 50 years was underway. The statement said that “tens of thousands of ILA rank-and-file members” started to set up picket lines at shipping ports up and down the Atlantic and Gulf coasts as of 12:01 am.

“We are prepared to fight as long as necessary, to stay out on strike for whatever period of time it takes, to get the wages and protections against automation our ILA members deserve,” ILA President Harold Daggett said.

Other information was added.

“We are prepared to fight as long as necessary, to stay out on strike for whatever period of time it takes, to get the wages and protections against automation our ILA members deserve,” Daggett said in the statement. “They must now meet our demands for this strike to end.”

The fight against having their jobs taken over by robot dockworkers is understandable. They note that the shipping companies made billions of dollars during the pandemic, and they feel some of that should trickle down.

The union’s opening offer in the talks was for a 77% pay raise over the six-year life of the contract, with president Harold Daggett saying it’s necessary to make up for inflation and years of small raises.

ILA members make a base salary of about $81,000 per year, but some can pull in over $200,000 annually with large amounts of overtime.

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45,000 Dock Workers From Maine to Texas Go on Strike — Nation Braces for Inflation Spike and Supply Chain Chaos — Experts Warn U.S. Faces $5 Billion Loss a Day

Americans are now staring down the barrel of another crisis — this time, a strike involving 45,000 dock workers from Maine to Texas.

The result? A looming economic catastrophe that could cost the U.S. a staggering $5 billion in just one day while Americans brace for another skyrocketing inflation and severe supply chain disruptions.

The International Longshoremen’s Association (ILA), representing workers at 36 ports from Maine to Texas, has made clear that the strike is not only about wages but also about job protection in the face of creeping automation.

The strike began early Tuesday morning as the contract between the ILA and the  United States Maritime Alliance (USMX) expired without a resolution.

“The Ocean Carriers represented by USMX want to enjoy rich billion-dollar profits that they are making in 2024, while they offer ILA Longshore Workers an unacceptable wage package that we reject”, the ILA said in a statement.

“ILA longshore workers deserve to be compensated for the important work they do keeping American commerce moving and growing. It’s disgraceful that most of these foreign-owned shipping companies are engaged in a ‘Make and Take’ operation: They want to make their billion-dollar profits at United States ports, and off the backs of American ILA longshore workers, and take those earnings out of this country and into the pockets of foreign conglomerates. Meanwhile, ILA dedicated longshore workers continue to be crippled by inflation due to USMX’s unfair wage packages.“

“In addition, the shippers are gouging their customers that result in increased costs to American consumers. They are now charging $30,000 for a full container, a whopping increase from $6,000 per container just a few weeks ago. In just a short time, they went from 6K, to 18K, then 24K and now $30,000. It’s unheard of and they are doubling their $30,000 fee stuffing the same container from multiple shippers. They are killing the customers,” the ILA concluded.

The union’s demands include a 77% pay raise over six years, a fair request considering the astronomical cost of living increases under Biden regime, and no automated machinery.

Workers began picketing at the Port of Philadelphia and Port Houston, among other locations, carrying signs that read, “No Work Without a Fair Contract.”

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Deranged Leftists Want Trump ARRESTED For Helping People Pay For Groceries

Donald Trump helped some moms pay for their groceries and deranged leftists are big mad about it, claiming he was bribing people to vote for him.

As we highlighted earlier, Trump visited a grocery store in Pennsylvania and started handing out $100 bills to shoppers.

He told them that he’d effectively do the same when in the White House again with his economic policy of keeping taxes low, reducing business regulations and stimulating domestic energy production  to lower costs.

Meanwhile Kamala Harris and the Democrats can’t even describe any details of her plan to lower inflation.

A surrogate for Kamala made an absolute fool of herself on live TV.

But worse still, TDS suffering haters couldn’t handle footage of the bad orange man helping everyday Americans out.

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Analysis: Green New Deal will make your electric bill SURGE by at least 28 times its current cost

An analysis has found that the Democratic Party’s Green New Deal plan could see electric bills multiply by as much as 28 times.

This is according to a report by the think tank the Committee for a Constructive Tomorrow, which found that the Green New Deal’s proposed plan to shift the United States’ energy system to be run solely on renewable energy could make electricity bills soar to 28 times its current cost.

Dr. David E. Wojick, a journalist a policy analyst, breaks down some of the major costs that come with implementing the Green New Deal.

The first is the need for massive amounts of battery storage. Replacing fossil fuels with energy harnessed from renewable sources like solar and wind power would require that there be around 250 million megawatt-hours worth of storage capacity in the United States.

If battery storage costs $300,000 per megawatt-hour, the total price tag for these batteries comes to a staggering $75 trillion. Spread over 20 years, that amounts to $3.75 trillion each year.

With U.S. households using about 1.5 trillion kilowatt-hours of electricity yearly, this cost translates to roughly $26,250 per household annually – 14 times higher than today’s average bill of $1,800.

Electrifying transportation and heating would double the electricity demand – potentially pushing costs up even further to $52,500 per year per household, or 28 times the average.

While these figures paint a grim picture, it is important to remember that they are based on current estimates and assumptions. Battery costs could decrease or new technology might improve efficiency. However, the sheer scale of this shift presents a significant challenge and it is unlikely economic changes or technological shifts would suddenly make the Green New Deal a profitable endeavor for American households.

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Biden Admits Inflation Reduction Act was NEVER Intended to Reduce Inflation

PSA:  Joe Biden is still the president of the United States. Biden has been hiding on a beach in Delaware ever since his disastrous debate with Donald Trump that hard-launched Kamala Harris as the Democrat nominee. Biden is speaking off the prompter once again and revealing hard truths that have been concealed from the public. The Inflation Reduction Act, the largest spending measure in American history, was never intended to reduce inflation.

“We should have named it what it was!” Biden said at an event in Westby, Wisconsin, where he unsuccessfully attempted to tout the success of Bidenomics. The president referred to the Inflation Reduction Act as “the most significant CLIMATE CHANGE LAW ever,” adding, “by the way, it is a $369 billion bill, it’s called the–we we we should’ve named it what it was.”

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Extreme Gaslighting: Here Are 7 Signs That The Mainstream Media Is Flat Out Lying To Us About The Economy

How many times have you heard the mainstream media tell you that the economy is doing just great in recent months?  Personally, I have seen the word “booming” used over and over again to describe the economy, and it makes me sick.  The level of gaslighting that we are witnessing right now is off the charts.  Millions of Americans are sleeping in their vehicles, thousands of businesses are failing all over the nation, and most of the country now believes that the American Dream is no longer attainable. 

If this is what a “booming” economy feels like, I would hate to see what would happen during a “recession”.

I totally understand why the mainstream media is gaslighting us.  They want us to believe that everything is fine so that we will vote a certain way in November.  They have an agenda, and they are pushing it really hard.

But what they are telling us simply does not match up with reality.

The following are 7 signs that the mainstream media is flat out lying to us about the economy…

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Democrat “economist” appears on CNBC and claims Trump caused 8 trillion bucks of the 35 trillion bucks in national debt – BIG FAT LIAR!!!!! 2 trillion bucks out -ignores C19 and debt interest entirely

Bharat Ramamurt thinks that the US government is not raising enough money in taxes and is especially targeting 60,000 Americans earning more than 1 million bucks a year with a 24% capital gains tax. You know how socialists hate anyone with money or who earns it. I wonder if he knows how many of these are Democratic Party donors?

He also states that discretionary spending, excluding defence, is at a very low level of 16% and uses this as an argument for tax increases. He claims that plans to increase taxes will not impact 100 million Americans – so presumably it will impact 240 million other Americans.

One big fat lie he brazenly told was that under Trump, 8 trillion of the US’ 35 trillion national debt was raised during Trump’s term. So, let’s fact check that.

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Kamala Harris’s Inflation Reduction Act: A Costly Flop That Fails Middle-Class Americans

The Inflation Reduction Act’s Promises

The Inflation Reduction Act (IRA) of 2022, championed by Democrats, promised to fix our economy with incentives like a 30% tax credit for energy-efficient appliances, solar panels, and windows. But these solutions come with sky-high upfront costs that average American families can’t afford.

Instead of addressing inflation, this bill benefits the wealthy, who can use these credits, while ordinary households face tighter budgets. Rather than easing financial pressure, this legislation represents costly government overreach that fails to deliver real relief.

The Reality of Inflation and Economic Impact

Despite the Inflation Reduction Act’s promises, inflation has remained a significant issue. In July 2023, consumer prices increased by 3.2% compared to July 2022. Although inflation showed signs of slowing down, with a 2.9% increase from July 2023, the rate remains below its peak of 9.1% from June 2022. Overall, it’s clear the Act hasn’t quite done the job it was supposed to.

Kamala Harris has played a key role in advocating for the Inflation Reduction Act, promising that the legislation would combat rising inflation and ease financial burdens on American families. Despite these assurances, the Act has not delivered the expected results.

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