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CONGRESSMAN RON PAUL PUSHES FED CHAIR BERNANKE ON GOLD...

Agustino Fontevecchia
MORAL HAZARD


ECONOMY

Bernanke Fights Ron Paul In Congress: Gold Isn’t Money
Jul. 13 2011 - 11:26 am 




Bernanke faced Ron Paul in Congress - H4cblog




Chairman Ben Bernanke faced-off with Fed-hating Representative Ron Paul during his monetary policy report to Congress on Wednesday. 

The head of the Fed was forced to respond to accusations of enriching already rich corporations while failing to help Main Street, while he was pushed on his views on gold. 

 When asked whether gold is money, Bernanke flatly responded “No.” (See video).



While most of Bernanke’s reports to Congress serve politicians to pursue their own agendas by gearing the Chairman towards their issues, with Republican Rep. Bacchus talking of the unsustainability of Medicaid and Rep. Frank (D, Mass.) asking about the need to raise the debt limit without cutting spending, it was a stand-off between Bernanke and Ron Paul that took all the attention. 

(Read Apocalyptic Bernanke: Raise The Debt Ceiling Or Else).



Rep. R…

CUBA Y LOS HERMANOS CASTRO SE PREPARAN PARA UN FUTURO SIN CHAVEZ...

Cuba y la era post-Chávez



El gobierno de los Castro estarían preparando su plan B ante el inminente deterioro de la salud del presidente venezolano, según informan medios extranjeros














Ya el presidente Hugo Chávez informó debidamente de su estado de salud; y a pesar de la suspicacia que ha generado algunas de sus apariciones públicas, tras su regreso al país, en Cuba las autoridades se plantean una especie de plan B, ante una posible muerte anticipada de su predilecto socio político y comercial.





"Chávez se dio cuenta de que es mortal", afirmó en una nota The Economist al recordar que el líder bolivariano subsidia a Cuba con US$ 3.500 millones por año en petróleo, lo que representan unos 115 mil barriles por día, cerca de dos tercios de lo que consume la isla.



De acuerdo con la propaganda oficial venezolana, los Castro devuelven el favor con el envío de 40 mil médicos y expertos de seguridad e inteligencia por año a Venezuela. Pero Chávez además desembolsa dinero para proyectos d…

THANKS TO UNUSUAL WEATHER...SOUTH FLORIDA IS ENJOYING ONE OF THE BEST MANGO HARVESTS IN YEARS...LOCAL PAPERS SCRAMBLE TO COME UP WITH "1001 USES" FOR MANGOES IN RECIPE SECTION...

Short cold season and long dry spell mean
one of best years for mangoes

10:03 PM, Jul. 12, 2011 


Mango season is expected to be a great one.




Written by
McClatchy Newspapers



For mango lovers, this season is particularly sweet.

An unusually cold December and record dry season were the perfect recipe for "one of the better years," for the golden beauties, said Louise King, president of the Tropical Fruit Growers of South Florida. "It's absolutely wonderful for mangoes. They look like jewels hanging from the trees."

Their flavor is exceptionally sumptuous, too.

"This year, they're prettier, they're sweeter," said Dr. Richard Campbell, director of horticulture for Fairchild Tropical Botanic Garden in Coral Gables, Fla. "Everything about them is better because of the very, very dry conditions we've had. The contrast to last winter makes this year's mangoes "look incredibly good."

Like other brightly colored tropical fruits, mangoes a…

PRESIDENT OF BRAZIL PULLED THE PLUG ON BRAZILIAN MEGA MERGER...AS MAJOR BANK BACKS DOWN...IN SAMBA SHOWDOWN AT LE CASINO ROYALE...

July 13, 2011 7:38 pm

Questions surround Brazil bank in Carrefour deal

By Joe Leahy in São Paulo



Carrefour’s ambition to create a Latin American retail group has been thwarted

The announcement this week from Brazilian development bank BNDES that put an abrupt end to what would have been the country’s biggest merger was deceptively innocuous.



BNDESPar, the equity arm of BNDES, said that, due to a rejection of the deal by France’s Casino, one of the major shareholders in Pão de Açúcar, it could not support the proposed merger of the Brazilian retailer with the local assets of another French group, Carrefour.

Under the transaction, BNDES had teamed up with BTG Pactual, a Brazilian bank, to provide a total of €2.5bn in equity and debt to support the $14bn merger of Pão de Açúcar’s retail network with Carrefour’s Brazilian hypermarkets.




“As reiterated on several occasions, BNDESPar’s participation in this transaction was always based on the assumption that there would be agreement between all th…

ASESOR DE ABILIO DINIZ PRESENTA LA VERSION DEL BRASILERO EN EL ALBOROTO CASINO - CARREFOUR POR EL CONTROL DE PAO DE AZUCAR...

06.07.2011 - As razões de Abilio Diniz

Ao defender a fusão, ele abriu mão de direitos pessoais

Eduardo Rossi







Ao identificar uma possível fusão com o Grupo Carrefour como uma oportunidade espetacular para a empresa da qual é sócio, o empresário Abilio Diniz, presidente do conselho de administração do Grupo Pão de Açúcar, cumpriu com o dever fiduciário de tentar trazê-la para a deliberação dos acionistas da sua companhia.


E é exatamente isso o que fez. 


Abilio não fechou um negócio.


Abriu um canal para que a proposta pudesse ser apresentada aos acionistas do Grupo Pão de Açúcar.


Tudo o que foi apresentado até o momento foi apenas uma proposta. Ela deve seguir os trâmites normais de aprovação pelos conselhos relevantes e pelos acionistas da empresa. 




Todas as partes terão o tempo necessário para que estudem a proposta, formem suas opiniões e, posteriormente, decidam.



A polêmica em torno dessa proposta não é justificada. 




Foi criada uma polarização entre os interesses do Grupo Casino e os de Abi…

CENTER FOR SCIENCE IN THE PUBLIC INTEREST SUPPORTS FOOD LABELING FOR "HWT" MANGOES...SAYS FDA NOT DOING ENOUGH TO PROTECT USA CONSUMER

From 2007:


Consumer advocate says FDA produce guidelines 'too little, too late'



Posted: 2007/03/13



The Food and Drug Administration issued draft food safety guidelines for the first time to adopt a system of safety checks.

By Brandon Bailey
Mercury News

The Food and Drug Administration issued draft food safety guidelines today for fresh-cut produce, even as critics repeated their call for the government to take a firmer stance against contaminated fruits and vegetables.

It is the first time the agency has formally advised produce processors to adopt a system of safety checks similar to those used in the meat industry, FDA officials said.

But one consumer advocate said the guidelines were "too little, too late" because they are only advisory, while the meat industry is subject to mandatory rules and regular government inspections.

"The FDA is still not addressing the underlying problem, which is there are no enforceable standards in place for the fresh-cut produce …

RUSSIA TAKES STRONG STANCE AGAINST USA FEDERAL RESERVE IN LATEST ROUND OF "QUANTITATIVE EASING" (QE)...

Vladimir Putin Calls Bernanke A Hooligan, Angry At American Money Printing






Tyler Durden
Zero Hedge
July 13, 2011




Who would have thought that Ron Paul’s ideological ally in his quest to take down the Chairsatan would be none other than the Russian dictator-in-waiting (or rather, in actuality), Vladimir Putin.




In a speech before the of economic experts at the Russian Academy of Sciences, the Russian prime minister had the following to say: “Thank God, or unfortunately, we do not print a reserve currency but what are they doing?They are behaving like hooligans, switching on the printing press and tossing them around the whole world, forgetting their main obligations.”


What appears to have angered the former KGB spy is the end of QE2. 

According to RIAN: “Putin’s comments came in the wake of the completion of the US’ quantitative easing (QE) 2 program on June 30, in which the Federal Reserve bought $600 billion worth of its Treasury bonds. 

The Fed’s first round of QE, which ended in March last y…

USE OF ORGANIC FUNGICIDES INCREASING IN PERU...

Sales to rise for organic fungicide in Peru


July 13th, 2011

U.S. company Citrex Inc expects sales of organic fungicide Citrexvid to rise between 25% and 30% this year in Peru, driven by growth in the country’s table grape sector, website Agraria.pe reported .


Agricultural division director René Amador told the website the fungicide focused particularly on preventing botrytis cinerea and sour rot.

“We have found a good acceptance because Peru is on the path to finding innovative alternatives,” he was quoted as saying.



Since arriving on the Peruvian scene three years ago, Citrex has marketed its product on the grounds of ‘rational’ environmental control to keep a sense of balance when preventing pests.


“The indiscriminate use of chemicals has led to abuses of these chemicals and their useful life is shorter, so it’s necessary to find alternatives,” Amador was quoted as saying.




“Citrex points to a gradual change to ensure that healthy food that is free of chemicals can be obtained, but it ensur…

IRRADIATION PROMOTION AROUND THE WORLD...INDIA IS LEADER IN MANGOES TO THE USA MARKET

Consume irradiated food, advises US nutrition expert



Staff Reporter






‘Adhering to food safety norms can boost Indian exports’












Photo: K.V. POORNACHANDRA KUMAR

Food matters: Ronald F. Eustice, Executive Director, University of Minnesota, USA, interacting with students of SPW Degree and PG College, Tirupati, on Monday. Principal C. Swarajyalakshmi is also seen. --



TIRUPATI: Irradiation, the emerging area of meeting global food safety concerns, received a shot in the arm with Ronald F. Eustice, Executive Director of the University of Minnesota, USA, and nutrition expert working for spreading awareness and mobilising consumer acceptance on irradiated foods, stressing that the technology cannot be wished away.







In his talk delivered at Sri Padmavathi Women’s Degree and PG College here on Monday after inaugurating the Home Science Association, Dr. Eustice said that the expanding market access had shrunk the distance between the United States and India, besides Mexico, Vietnam, Thailand and other de…

IRRADIATION 101: FOCUS ON RONALD F. EUSTICE (MINNESOTA BEEF COUNCIL) EXPERT ON IRRADIATION IN PRODUCE

Ronald F. Eustice



Affiliation
Executive Director, Minnesota Beef Council



Education

· Degree in Agricultural Journalism, University of Minnesota

· MBA. International Business, Century University

Profile

Ronald Eustice has served as Executive Director of the Minnesota Beef Council since 1990. 

 His contributions to agriculture and food production are many. 

These include the coordination of a highly successful educational effort to improve the safety of ground beef and the demonstration of the effectiveness of the irradiation technology to protect public health and eliminate the scourge of E. coli O157:H7 in meat and produce. 

Under his direction, the Minnesota Beef Council conducted hundreds of educational conferences and served more than two million samples of irradiated ground beef at consumer events as interest, understanding and public support grew. 

Since 2000, several highly respected companies including Huisken Meats, Omaha Steaks, Schwan’s, Wegman’s Food Markets an…