Calends

Rent from my hands. To the lords of the land. Second half rent is paid. I only wish there was some way to earn it back. We’re not getting it from the grain markets. Or any markets for that matter. Any markets that matter. Even scrap iron is half what it was. China was going to make us all rich.

Until we all realized that they were only printing money, not creating wealth. Quite the opposite of wealth really. Printing money is like writing a loan. A loan isn’t wealth. It’s debt. The poor communist slaves thought they were going to get to eat a pork chop. Now it turns out that China has reduced their hog herd by an amount equal to or greater than every hog in America. The united states of America that is. I wonder …….

Are they getting ready for the Muslim masses now harassing Europe? Don’t need any pork for them, they won’t eat it. And China has more than enough room. Population control (killing people) has been China’s forte’ since Chairman Mao started the slaughter back when Japan stepped down from the disgusting job. China’s even built the boxes that Muslims won’t be able to think outside of.

There are reports that China currently has 50 full sized cities that have recently been built with no one living in them. Supposedly back in the 1920’s Indonesia did something similar. According to a book I read 100% of Indonesia’s industry that was built up during the 1920’s was excess supply. Not needed by anybody in the world. Financed by borrowed money. Indonesia’s empty cities sat empty for many years. During which the entire world devolved into a depression. Great. Here we go again.

I was reading about this little known fact of history back in the 1990’s when east Asia had done it again. Anybody remember hearing about the Asian contagion that was running rampant back in the 1990’s? George Sorros supposedly made a killing shorting the Baht, Indonesia’s currency. Along with every currency that caught the contagion. Then he targeted Russia. Too bad they didn’t outlaw short selling like China has. I’ll bet that ends well.

Folks thought China was about the only major stock market that wasn’t totally manipulated. Now they are being manipulated massively by the party apparatchiks. You can’t even talk badly about the massive market losses in China now without being disappeared. So much for real price discovery. They’re as spun as the rest now. Spun dry. Out of liquidity. Rigged. Just another brick in the air. Being thrown at capitalism. Or what passes for it these days.

Casino capitalism, whadaya bet …….

Cc

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Labelling

While we are on the subject of GMOs I would be amiss if I didn’t bring up the oft repeated topic of China rejecting shipments of American corn that contains some new GMO trait that hasn’t yet met the Chinese government’s approval process. That’ll allegedly be approved in the near future. The shipments started to be redirected last winter. Never mind that the Chinese government has stated that they are going to eliminate the large stockpiles of corn (and other commodities) they have been keeping in exchange for a more market oriented approach. I can only liken the Chinese storage as a hedge against starvation. Much like the old American corn reserve that paid farmers to store excess corn holding it off the market until a shortage showed up. Creating a definite moderating effect on the market price. As long as the market knew that corn was in storage the less it had to ramp up prices to stifle demand. There was always a cushion built in.

Where would corn prices have topped two years ago without Chinese stockpiles? Parity perhaps?

The commodity market commentators have repeatedly pointed out that the GMO issue was only the Chinese way of implementing this switch. An easy scapegoat to point to to explain why they are reneging on a sales contract once prices worked lower due to world and American farmers ramping up corn production in the wake of the great green energy movement into the corn bins of the Midwest. Think ethanol. How we can tell that this GMO issue is more politics than reality is the simple fact that at least one Chinese corn seed company executive is currently cooling his heels in jail and many more are on the run for trying to steal the very technology from American seed companies that their governments are trying to deny entry into their country. They won’t buy it but they will steal it to grow it over there. How disingenuous is that?  It’s like buying a car but refusing delivery as you try to steal one at the same time. Quite comical actually.

While we’re on the subject of where things come from I want to broach the subject of labeling meat. Specifically I’m talking about the COOL law. Also known as the country of origination label law. A couple of years ago our Congress passed the COOL law. A law that mandates that meat list on it’s label where on earth it came from. It has yet to be implemented. Now my thought that it aught not have to be a law because good business practices dictate it already will be put aside for the duration of this post. The fact that Canada and Mexico have threatened to “retaliate” for us wanting to know who raised our meat is another of those warning sirens and flashing lights moments in time. What are the Canadians and the Mexicans trying to hide? What are they doing to their animals that would make them not want us to know they came from over the borders?

I would think that like a Rolls Royce they would be proud of their meat and would want to differentiate the product on the store shelves. Not too many a Rolls Royce are re branded Chevrolet to slip them past the consumers. Why would the Canadians and the Mexicans be trying to do basically the same thing with their meat? Why only meat? When I buy Crown Royal I know it came from Canada and I buy it just the same. When I buy Jose’ Cuervo I know that it comes from Mexico and I buy it just the same. Grapes from Chile have a label that says so and I buy them just the same. As does most of the fruit and vegetables that are sold fresh in the supermarket. How can meat be any different? I would argue that given the huge amount of resources that are consumed in the raising of meat and the diverse and varied ways to raise meat a label on meat explaining at least where they came from would be prudent. But obviously not in the hallowed halls of NAFTA.

Maybe it’s time to scrap NAFTA. Like Ross Perot said, that giant sucking sound proves NAFTA sucks.

From the corn patch …….

Cc

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UK Reign

Rock

Paper

Schism

The rock is Precious. The paper is Fiat. The schism is Artificial. Yet the oldest game on earth.

That game is Geo-brinksmanship. Living on the razor’s edge. Move too slow and it settles in. Deep. Move too fast and your sliced in two. The Goldilocks gait. Just right. Just in time solutions. To just installed conditions. Just in case you were wondering. Justice seldom arrives in time. In our time. It’s been said vengeance is The Lord’s and He is beyond time. He is beyond space. He is beyond explanation. He just IS. It takes a load off knowing.

We’ve nothing really to do in the grand schemes so I suppose we’re free to be protesters for a day. Or two. Or few. Prepaid partisans. Till the snipers come out. Then is it really worth the twenty five bucks it pays per day? Fifty? Not even if smokes are ten bucks a pack. Five billion don’t buy the loyalty it once did. Especially behind the old Red Curtain. It spreads out kind of thin. A little like the oil.

I think the Chinese received a better deal. But then don’t they always. Spring is here if only barely now. There’s jobs out on the farms. Well, work anyway. Put down the placard and hop in the Packard. Head for the hills. Hard currency takes hard cargoes. China won’t take them all. Thank God! The country has bills to pay. Grain can spread the wealth. And health.

April showers bring mayflowers. Mayflowers full of pill grims. How many a day? Cloudy and cold. Seek professional help before attempting a dosage reduction. That boat sailed a long time ago. That boat has hit the doc. And run him clean over. Reeducation. A task on the farm perhaps. Livestock sector? Same drugs different mugs. Wash your hands before returning to work. Or better yet, take a shower. Ukulele.

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