Thursday, January 6, 2011
Islamic Pirates behind record food cost jump
The United Nations Food and Agriculture Organization says in its monthly report that world food prices jumped to record levels in December, largely because of higher costs for grain, oilseed and sugar. The Financial Times reports that oil prices for importing nations have increased by a collective $200 billion by the end of 2010. So much so that the International Energy Agency predicts that "Oil prices are entering a dangerous zone for the global economy" and prices reaching a $100 a barrel are becoming a threat to the economic recovery. Oil also impacts the price of food production and transportation. A perfect storm is brewing where millions could starve to death in the not so distant future.
At the center of the crisis, which seems to occur whenever there is breathing room in the economy to cleave off extra money, are the Islamic-controlled Oil and Petroleum Exporting Countries, or OPEC. This monopoly of oil producers seems to tightly ease and expand oil production just enough to sap an extra couple of hundred billion dollars from Western nations whenever industry gets rolling. The net effect is that the world economy slows a bit, and inflation jumps as prices for all commodities, all utilities, all transportation serve as the Islamic highwaymen in robbing the world of its wealth. In 2010, the European Union, for example, has seen oil import costs rise $70 billion, as many countries face insolvency.
The United States, however, leads western nations in the Islamic shakedown, having oil import prices jump by some $72 billion in 2010. At this point, the economists are saying that oil cost ratio to the Gross Domestic Product rivals the financial crisis of two years ago. Making matters worse is the soaring debt run up by government leaders who mistakenly believe they can steal from citizens and incur record debt to buy the way out of debt to prosperity. There is no logic whatsoever in this approach. But what does it mean for the common man? It means that food prices and the cost of everything it takes to survive in society may go beyond levels of survival. Nations could collapse. People could starve. Survival is key.
Survival is the will to survive and having faith in Christ when he said in Matthew 28:20, "And, lo, I am with you alway, even unto the end of the world." He spoke similar encouragement to the Apostle Paul in Acts 18:10, "For I am with thee, and no man shall set on thee to hurt thee." Throughout history, man has survived far worse than OPEC and government crooks. Christians survived the Roman era persecution in the early days of the church by banding together and relying on God. Jesus, speaking of food and clothing, told us in Matthew 6:33, "But seek ye first the kingdom of God, and his righteousness; and all these things shall be added unto you." We have Christ and each other. We can survive.
Have a Blessed and Powerful Day!
Word of Life Ministry