Credit Crisis Leads To Food Crisis

[Mrs. Sharon B. Hodge]

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Credit crisis could lead to food crisis
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October 11th, 2008 | Economy

http://www. dailynewscaster. com/2008/10/11/credit-crisis-could-lea...

By: D.
H Williams @ 3:29 PM - EST

The credit crisis is having an impact on food shipments as sellers are refusing to load goods on to ships.
No longer trusting letters of bank credit many food sellers are wanting full payments from point of origin before shipping, causing a disruption in the distribution of food

“There’s all kinds of stuff stacked up on docks right now that can’t be shipped because people can’t get letters of credit,” said Bill Gary, president of Commodity Information Systems in Oklahoma City. “The problem is not demand, and it’s not supply because we have plenty of supply.
It’s finding anyone who can come up with the credit to buy”

The engineered financial crisis battering global equity and bond markets will not stay contained on Wall Street or the halls of Congress for much longer.
The intentional destabilization of our banking and monetary system by Paulson, Bernanke and their controllers in the CFR is spilling on to main street and your local grocery store shelves

Read “Project 80’s: The CFR’s Program for Controlled Disintegration”

The next phase in this controlled disintegration will be distribution bottlenecks in supplies of real commodities. Food being the most important.
All ready ports in the US and South America are being effected with Canada to follow in the next few days

Ports rely on the faith they have in lending institutions world wide and European and American leaders have done their best to terrorize these markets with inflammatory language and bad legislation

Maritime traders tell Daily Newscaster that 90% of the worlds goods get shipped by sea and they are seeing a drastic reduction in supply.
The main source of shipping measurement is, the Baltic Dry Goods Index this index is showing a 74% drop from previous historically high levels

So far the only reports of food shortages or panic buying in the stores is coming from Alaska and it is anecdotal evidence so far

Be forewarned as this crisis develops, planned and implemented by those who control the global banking cartel you will see food and other commodities increase in price and availability decline

“We’ve got a nightmare in front of us and a lot of people are concerned it’s going to get a lot worse,” said Anthony Temple, a grain marketing expert based in Vancouver

Our advice is to get yourself and your family prepared now. Increase the amount of food stuff you keep at home. At the very least a 60 day supply for everyone in your family.
Keep in mind earlier generations of Americans, that’s your grandparent; would routinely keep up to six months of food stored

For longer term storage look into food that is package with long term storage in mind.
One of the most reputable and affordable company’s is eFoods Direct


MORE NEED – In June Zoe Meade grabbed her allotment of groceries from the St.
Vincent de Paul food pantry in Tigard At the time, Meade feared that things would get worse before they got better


Food bank shortage crisis in US - April 2008


New York food banks emptied - April 2008


Food banks now for middle class Americans - April 2008



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More families search out emergency food
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Washington County’s poverty rate grew 119 percent between 1990 and 2002
By Jennifer Clampet

The Valley Times, Oct 9, 2008

http://www. beavertonvalleytimes. com/news/story. php?story_id=1223...

“Washington County is hurting,” according to Oregon Food Bank spokeswoman Jean Kemp-Ware

Even though other counties in the state are experiencing a sharper increase in emergency food box distribution — Deschutes County has seen an 18 percent increase and Josephine County has seen a 31 percent increase — Washington County with its 13 percent increase is drawing extra attention

Washington County is recognized by the food bank as having the fastest growing poverty rate in the state. According to Community Action group, the county’s population grew by 51 percent from 1990 to 2002.
In that same 12-year period, the number of those living in poverty in the county grew by 119 percent

But experiencing a 5-percent increase in emergency food box distribution in Oregon and Clark County, Wash.
, the Oregon Food Bank sees the entire state of Oregon as hurting

By June of this year, the Oregon Food Bank reported serving 40,000 more food boxes than it did in 2006-2007

“Statewide, we have some real serious problems,” Kemp-Ware said. “The figures are showing it now.
It’s not just anecdotal any more”

It’s not the scene of a 1930s government food line where women and children wait an hour for cheese.
But those hardest hit by the economy are coming in droves to local pantries for emergency food boxes

The Tualatin School House Food Pantry is serving 70 more families than it did last year.
But the stories told by new faces give pantry organizers notice of what to expect

“My hours have been reduced. I lost my job.
My husband lost his job,” said Linda Moholt as she recalled the stories she’d heard in the last few months while working at the Tualatin pantry

And the economy isn’t only hurting families in need.
Volunteers are finding it hard to make it in to pantries with the cost of gas, according to Kemp-Ware

And the cost of fuel or transportation has left the St.
Matthew Lutheran Church pantry in Beaverton with more no-shows to client appointments

The Beaverton church, which provides food boxes to 200 families a month, has started scheduling 12 families per hour during pantry time. The church increased its families per hour ratio — referrals are taken from the Care to Share program in the Beaverton area — when it started having families simply not show up for food box times.
Joanne Dunatchik with the pantry said organizers have assumed that the cost of fuel or finding affordable transportation is keeping needy families from making it to the pantry

Typical for this time of the year — just before the push for holiday giving — the shelves at the Oregon Food Bank are low.
Waiting for food from a United States Department of Agriculture program and an influx of holiday giving, the food bank and pantry organizers hope to see enough food to last the winter

“We anticipate that the number of people seeking emergency food will continue to go up this winter as people continue to struggle with the high cost of fuel, making it tricky to put food on the table for their families,” Kemp-Ware said.