Submitted by creditrepair on Mon, 04/28/2008 - 23:03.
IN addition to worrying about what the number is on your FICO report, start thinking of clearing out your garage and stock pile 1 year's worth of food to feed the entire family. Recently with the shortage of rice due to climate change in Asia, Costco is putting a limit to 1 large Bag of rice per family. So even if you have the money, costco members can only walk away with one bag of rice.
This may sound harsh, but we need to pull our heads out of the sand, have a media fast, and realize that the combination of climate change, lowering oil reserves, the traditional way we farm will be going extinct. The most important thing you and your family can do is not to save for junior's college fund but to buy land and grow your own food.
We are seeing 25 years of agriculture inflation in six months," said Geoffrey Vanden Heuvel, a Chino dairy farmer.
On Tuesday, Vanden Heuvel said he paid $238 a ton -- 42% more than a year ago -- for hay to feed his 1,400 dairy cows.
Ray Souza, a Turlock, Calif., dairy farmer, said the only reason he was in the black was that last year he signed contracts for a year's supply of feed corn for his 700 dairy cows at $170 a ton -- about $100 a ton less than the current rate. But he's worried about what will happen when his contract runs out in October. In other states, farmland is being diverted to grow corn for ethanol production and for wheat and soy, the prices of which have soared in response to a global shortage caused by droughts and rising demand.
Source: http://www.latimes.com/business/printedition/la-fi-econ16apr16,0,2016960...