US chicken

[werfewgrt]

I used to work for a ham plant and they just sold it to China and now they are going to let some of the work go to China????????
This shit should be illegal meat chicken going to China hell i would be afraid to eat the shit for them using dog meat as substitution

rat meat actually!!:banghead:

 

[red5150]

you are correct BUT you don't think guns and ammo couldn't be confiscated...

Ah yes my friend but that is what PVC is made for along with stories of tragic boating accidents.

 

[Deleted member 121863]

Lex, you stated raw Chinese raised Chicken is soon to be thrown in the mix (imported to USA for consumption)... this is 100% FALSE! It is speculation of 1 D bag liberal that always has an agenda. Yes I did read your link to the article... and more.

As you can clearly see the relative decreasing value of the dollar. The Fed and politicians have in fact stated the goal of dollar weakness to help the present trade balance by making US exports more competitive (cheaper) globally.

Milton Friedman stated that inflation is always a monetary phenomenon (ie. inflation = increase in the quantity of money). Here is your money supply in the link and it is going up in a steep fashion.
M2 Money Stock (M2) - FRED - St. Louis Fed

Now your chart shows the velocity of money being at all-time lows. Do you think this will always be the case going forward? What happens when velocity returns to more normal rates (banks begin lending again)? Inflation indeed!

The main, real goal of QE is to add liquidity to the market get banks lending and people spending, also buy up all the toxic RE bonds banks are holding. Weaker USD is a minor point as exports are a FAR smaller part of the economy than consumer spending.

What makes you believe velocity of M2 will return to previous peak levels? What factors tell you this will happen? I`ll break it down easy for you since this was your first post. Baby boomers are done, they have passed their peak spending years, they are entering retirement, saving more, downsizing, SPENDING LESS every year till they die from here on out, with the exception of healthcare, vacation homes and viagra. It doesnt matter if a 30yr mtg is 2% the largest, wealthiest segment of our country, the boomers, are not buying a new mcmansion, maybe small investment rentals, but that is not an organic sustainable mkt. So who is gonna create this velocity? GenY, millenials that are strapped with college debt, cant find a job or have a lower job place with less income than they thought, the same people that are now expected to buy insanely priced healthcare (thanks obama) to offset the old sick people`s cost, the same people that have piss poor credit right at a time when credit has tightened everyplace (unless you are subprime and want a loan from GM, oops ally bank). Use some common sense.

Enough schooling people on things. All of this USA/China economy talk is because one idiot made a comment that all this chinese chicken was about giving china "equity" in the USA.

 

[richiec]

"the best part is there will be no requirement on the packaging letting you know if you are getting the good or "awesome" chicken."....
This is in fact true, BUT only for the chicken that can be raised in USA or Canada, and sent to China for processing and returned. The labeling requirement has nothing to do with raw chinese raised chickens because right now those are still NOT allowed into the US for consumption.

I was just clarifying your post as it seemed a bit alarmist. I don`t want chicken processed in a Chinese plant (or any plant, anyplace), that has no inspectors there to make sure the place is clean, with no rats running around pooping on everything. Also I don`t eat processed chicken or canned mushrooms, so this doesn`t affect me at all!

Hogan, do you think for one second that the Chinese are going to honor their obligation to not put their meat in the packages? The Chinese gvt is like ours and only about $$$, the more they can make the better for them regardless of the backlash or dire results.

 

[richiec]

Dont forget the US confiscated gold from its citizens during the depression.

So nothing is 100% secure, except for guns and ammo

you are correct BUT you don't think guns and ammo couldn't be confiscated...

Technically the gvt didn't confiscate gold, it was a voluntary turn in and the people were given paper money for the value of gold. There were penalties for not turning it in, but weren't followed up on. Then, the price of gold magically increased by like 75% almost overnight once the people turned it in. Many people became stupd rich because of this. The "powers that be" bought the gold at a low price, artificially inflated it by 75%, and bam, rich(er).

The thing about guns and ammo LEX is this, if someone wants to take your stuff, regardless of what it is, you can't defend it with gold, silver, platinum etc

 

[LEX]

Technically the gvt didn't confiscate gold, it was a voluntary turn in and the people were given paper money for the value of gold. There were penalties for not turning it in, but weren't followed up on. Then, the price of gold magically increased by like 75% almost overnight once the people turned it in. Many people became stupd rich because of this. The "powers that be" bought the gold at a low price, artificially inflated it by 75%, and bam, rich(er).

The thing about guns and ammo LEX is this, if someone wants to take your stuff, regardless of what it is, you can't defend it with gold, silver, platinum etc

you're right if you read executive order 6102 you could have gold legally, just not "hoard" it. It was all a big set up.

there are also quite a few situations that would make your legal possession today of firearms and ammo illegal tomorrow. Defending a pile guns and ammo is just as difficult as pile of anything else.

 

[LEX]

Hogan

http://www.thepoultrysite.com/poult...on-voiced-in-us-to-chicken-processed-in-china

"Today's action is the first step towards allowing China to export their own chicken to the US even though there are serious animal-health concerns with avian influenza. Rule-making would be required for that step to be finalized," Wenonah Hauter, executive director at Food and Water Watch, a Washington-based advocacy group that works to promote food safety, said in a press release."


AGAIN, you of course didn't address any of the questions I asked you throughout this thread.

 

[jrdragon]

Lex, you stated raw Chinese raised Chicken is soon to be thrown in the mix (imported to USA for consumption)... this is 100% FALSE! It is speculation of 1 D bag liberal that always has an agenda. Yes I did read your link to the article... and more.




The main, real goal of QE is to add liquidity to the market get banks lending and people spending, also buy up all the toxic RE bonds banks are holding. Weaker USD is a minor point as exports are a FAR smaller part of the economy than consumer spending.

What makes you believe velocity of M2 will return to previous peak levels? What factors tell you this will happen? I`ll break it down easy for you since this was your first post. Baby boomers are done, they have passed their peak spending years, they are entering retirement, saving more, downsizing, SPENDING LESS every year till they die from here on out, with the exception of healthcare, vacation homes and viagra. It doesnt matter if a 30yr mtg is 2% the largest, wealthiest segment of our country, the boomers, are not buying a new mcmansion, maybe small investment rentals, but that is not an organic sustainable mkt. So who is gonna create this velocity? GenY, millenials that are strapped with college debt, cant find a job or have a lower job place with less income than they thought, the same people that are now expected to buy insanely priced healthcare (thanks obama) to offset the old sick people`s cost, the same people that have piss poor credit right at a time when credit has tightened everyplace (unless you are subprime and want a loan from GM, oops ally bank). Use some common sense.

Enough schooling people on things. All of this USA/China economy talk is because one idiot made a comment that all this chinese chicken was about giving china "equity" in the USA.

Thanks for being easy on my delicate intellect and opening my eyes with your "schooling". I will say you are more aware of the banking/financial system than 99% of Americans. So in all seriousness, I applaud your obvious efforts to understand the system...more people should do the same.

Now, for your first Straw-man. I never said the purpose of QE was to weaken the dollar. I did say the dollar is showing weakness vs. other currencies and in particular vs. the Chinese RMB to contest your previous post in which you suggested the dollar was not depreciating. I posted a Dollar Index graph to prove this.

As for your Second Straw-man. I never said money velocity would return to peak levels. I asked you if you thought it would remain at HISTORIC lows or return to more normal levels. The handy graph of Velocity of M2 that you provided in your other post clearly shows the lowest velocity on record since the 1950s! I contend velocity will not remain at these historic lows. Banks will eventually ease lending standards while innovation will create some jobs and opportunities. You can chose to believe otherwise and invest accordingly, for instance in US long term bonds. Good luck with that.

Lastly your contention that velocity of money is determined by demographics is not borne out in your own graph of M2 Velocity. Peaks of velocity are reached near the end of an economic recovery (2000 and 2007 in your graph) and velocity plummets during recessions. Demographics do affect the economy and could impact velocity, but not in the simplistic manner in which you laid out. If you like I could refer you to several factors that are major determinants of M2 Velocity which would explain your graph of M2 Velocity over time much better than your Boomer argument.

I will close by agreeing with you on the state of the economy as far the outlook for Millennials. Boomers have rode the domestic economy hard and are putting it away wet. There is a huge Xfer of wealth going on from the younger gen to the older gen. The US Industrial infrastructure and middle class are getting hollowed out. Billions of new, low wage workers in Asia that come on board since the 80s are taking jobs and lowering wages. Plan accordingly.

To sum this up in regards to the thread...these are tough economic times but consumers do have the power to not buy chicken processed under questionable conditions. Multinational food corporations will sell you total garbage if it increases their profits. Exercise your right to choice and be careful what you buy or grow your own. I personally buy local chicken from the Amish community.

 

[rock75]

Liberals are finally succeeding in making America no longer a super power, and making us a bigger joke than Zimbabwe, and less feared than some angry little gangham style tyrant. Obama has been made a fool by Putin, Assad, Lil Kim (N Korea not raper version), and now Raul Castro.

The have been constantly re-shaping kids minds in schools and universities, infecting all forms of media, movies and television. Government has been taking away the desire to succeed and replacing it in people with the desire to need the government for all their comforts from cradle to grave.

America is starting to become a living breathing movie "Idiocracy"

**broken link removed**

If you honestly believe the gentrification of an entire generation can be done within a matter of 6 years then you yourself have issues. This has been happening for years! No child left behind, oh shit Johnny can't fucking read, who gives a fuck just pass him and move on, don't leave him behind. Take a look at who was responsible for cutting the education budgets at both the state and federal levels. Liberals and conservatives are both the fucking same ppl, they both have their own agendas and if you think any of them give a fuck about you or me that's just being very nieve. Behind closed doors they both get what they want and that comes down to what's best in their interest.

Every one wants to act like we haven't been living in a socialist world just because we are the USA and we have our "freedoms"...

 

[Gators]

I eat local raised birds, they're not jacked up on hormones and antibiotics, they're raised 'free range'

I also eat a lot of venison killed on my farm and processed by me. In the process of starting up a organic veg farm, first crop in 90 days. Next is grass organic beef, we're already in the cattle business, chickens to follow.

All this processed and chemically loaded crap we eat (i think) is the root cause of the cancer epidemic, dealing with my dad's pancreatic cancer currently. I for one will continue to work toward personally producing every thing i eat, fuck Obama, Democrats, Republicans, Publix, multi national ag, and anyone else making it hard for small farmers to get healthier product to consumers.

 

[richiec]

If you honestly believe the gentrification of an entire generation can be done within a matter of 6 years then you yourself have issues. This has been happening for years! No child left behind, oh shit Johnny can't fucking read, who gives a fuck just pass him and move on, don't leave him behind. Take a look at who was responsible for cutting the education budgets at both the state and federal levels. Liberals and conservatives are both the fucking same ppl, they both have their own agendas and if you think any of them give a fuck about you or me that's just being very nieve. Behind closed doors they both get what they want and that comes down to what's best in their interest.

Every one wants to act like we haven't been living in a socialist world just because we are the USA and we have our "freedoms"...

While I don't always agree with some of your views, I definitely agree with this! We have been dumbing down our children for far longer than the last 2 presidents. We have been having our rights chipped away at slowly, it's called the "foot in the door theory". You can't get someone in their right mind to do a bunch of stupid things all at once, but you start out slow and small, working your way up to it, they never know what hit them in the end. It's working here! You chip away slowly, otherwise you get a revolt! Think about the War of Independence, they raised our taxes quickly and high so we revolted. If they had raised it by fractions and over a long period of time, we'd probably be flying their flag still! Look at our tax system now!!!!! You pay tax on EVERYTHING! This is systematic, and has been taking place for a long time, building up. You ever want to talk to someone about what "freedom" is, talk to a vet! No disrespect to the current vets/soldiers, but I mean a WWII vet, Korean war vet etc. Those guys still remember what freedom felt like! I actually had a pleasure to meet a lot of WWII vets on Dec 7 in a remembrance in my town, it was very touching. Most guys don't know due to the dumbing down of society, but December 7th was the day that Japan attacked Pearl Harbor

 

[Deleted member 121863]

jr dragon, I`ll agree with you on some things, not others. Interest rates do NOT dictate demand for money, M2 or velocity. Did people take out mortgages in 1982 at 16%, YES! Why are people not taking out mortgages now at 4.5% ? Well there are some mtg`s being done now but much less than half compared to 2007. IMO spending velocity will not return to previous levels (of 2007) or even 3/4 of that level for 10 years+. This is not the thread or place to go on with this. Thanks for the banter.

 

[ape of god]

AFRO-American RACE??

Well call me a monkeys uncle (being as I'm black, I'll assume you believe that too),but that's a new human classification to me!!

When I was a kid we called people of african descent black, in the 50s they were colored or worse. In the 70's if im not mistaken it was "afro-american", which morphed into african-american. Race is just one way to describe ones ethno-geographic-ancesestral origins, he didnt say species or anything. Myself, Im of the northern-european-germanic persuasion. I dont believe there is a proper way to refer to anybody correctly, except the way they wished to be refered to as. Being politically correct is a motherfucker, fat cunt at the eyeglass store told me I couldnt say the word retarded(how i looked with my glasses). I asked her if the word "fatty' offended her too?

 

[kalika]

I eat local raised birds, they're not jacked up on hormones and antibiotics, they're raised 'free range'

I also eat a lot of venison killed on my farm and processed by me. In the process of starting up a organic veg farm, first crop in 90 days. Next is grass organic beef, we're already in the cattle business, chickens to follow.

All this processed and chemically loaded crap we eat (i think) is the root cause of the cancer epidemic, dealing with my dad's pancreatic cancer currently. I for one will continue to work toward personally producing every thing i eat, fuck Obama, Democrats, Republicans, Publix, multi national ag, and anyone else making it hard for small farmers to get healthier product to consumers.

your stoked Gators! I can not wait to start a garden. This GMO foods and Monsanto is killing us.

 

[rock75]

Technically the gvt didn't confiscate gold, it was a voluntary turn in and the people were given paper money for the value of gold. There were penalties for not turning it in, but weren't followed up on. Then, the price of gold magically increased by like 75% almost overnight once the people turned it in. Many people became stupd rich because of this. The "powers that be" bought the gold at a low price, artificially inflated it by 75%, and bam, rich(er).

The thing about guns and ammo LEX is this, if someone wants to take your stuff, regardless of what it is, you can't defend it with gold, silver, platinum etc

^^^ Kinda like the Fed lowering the interest rate, artificially inflating value of homes, greedy lawyers and bankers on Wallstreet finding ways to exploit holes and loan unqualified buyers ridiculous money, only to put the toxic loans on the open market, insure the losses( if you were on the right side of that table), repossess the property and sell it again at the market reset value thus deflating the value of the over priced homes around it, have more people default, bankruptcy blah blah blah...Ever read the book Who Has My Cheese,?? Someone is controlling the cheese and us mice are trying to find it only they keep finding new vehicles to exploit the population to their benefit - more $$.

If the FDA allows the tainted meat from China through to the citizens of this country without identifying the contents on the very label they created and we the people allow for it to happen then majority of the population have truly become sheep being led to the slaughter house.

That market would have to be eliminated by a massive boycott and the American farmer who sells farm raised chicken to local stores much like Walmart does with its seasonal vegetables only at a more significant price will be well taken care of




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[QuietStorm]

Just more reason to buy from a local farmer whom you can speak to, ask questions, see the farm and know what you're buying. It seems the M.O. of the US is to make nutritious, healthy food nearly impossible to buy...smfh

Solution: Find a local farmer and buy from them. Ask questions, they will be more than happy to tell you all about how they raise thier sheep, chickens, beef, pork, whatever it is. It's what they do. That is how you take China or any other country out of our chicken market. or any market. you buy locally.

I grew up in Iowa. Man do I miss the Mennonites and the Amish! We would drive an hour and a half to two hours every Saturday just to get fresh chickens, beef and eggs. We always had our own garden, but we could not have animals within the city limits. I need to visit home lol. Y'all made me homesick.

 

[anarchocapitalist]

uggh you don`t even understand the definition of inflation. Increasing the money supply (which has not happened that much under QE because of $ written off privately that counterbalances money supply) does not alone cause inflation, there also needs to be velocity of M2. Sorry you don`t understand all this. Here is a graph of money velocity (that rate at which money is spent/turned over).
Velocity of M2 Money Stock (M2V) - FRED - St. Louis Fed

Since your so smart, what caused 7% inflation in the 1970`s? Was the govt/fed printing excess money? No they were not, so what happened?

In the past inflation was always an expansion of the money stock. Today there are two uses: monetary inflation which is the expansion of the stock of money/credit and price inflation which what the mainstream calls inflation and refers to prices or CPI.

Both prices and velocity are consequences of monetary inflation … not causes. Friedman was famous for pointing out, that inflation was a monetary problem. Historically an increase in the stock of money/credit doesn't immediately lead to price inflation but over time as the purchasing power of your money decreases prices inflate. As I mentioned earlier during Germany's hyperinflation people didn't want to hold on to their dollars they wanted goods. Velocity is really the exchange/demand for money vs. goods. In other words V and T are the same thing. Its T that determines V. Henry Hazlitt (sp?) has a good critic of this misunderstood concept for further information. Its takes a while to see through the fallacy of velocity.

Also monetary inflation, which the doesn't always lead to price inflation because these dollars might not make it into the economy rather they are held by foreign banks etc so the traditional supply/demand = price may no fit within borders.

 

[anarchocapitalist]

Interest rates do NOT dictate demand for money, M2 or velocity.

So cheap money doesn't increase the demand for money?

 

[rock75]

So cheap money doesn't increase the demand for money?

Of course it does, just look a the housing debacle!!! It was cheap to borrow, more people borrowed...

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[Deleted member 121863]

So cheap money doesn't increase the demand for money?

good job your getting it! There is more to people`s spending habits than "hmmm what are interest rates? I`ll go buy a house now".

Of course it does, just look a the housing debacle!!! It was cheap to borrow, more people borrowed...

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to both of you knuckle heads, money is as cheap as its ever been, so with your simple theory (make money cheap people will spend), why are people not spending their cash? Why are people choosing to keep cash in the bank and LOSE $ after tax and inflation? Again, anarcho, there was no QE or major increase in the monetary base from 1975-1982... so why was inflation crazy?