How Goldman Sachs Created the Food Crisis

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The word again today is GREED.

Frederick Kaufman’s piece for Foreign Policy examines how the Goldman Sachs Commodity Index (GSCI) is responsible for the increase in food prices.

[T]he boom in new speculative opportunities in global grain, edible oil, and livestock markets has created a vicious cycle. The more the price of food commodities increases, the more money pours into the sector, and the higher prices rise. Indeed, from 2003 to 2008, the volume of index fund speculation increased by 1,900 percent. “What we are experiencing is a demand shock coming from a new category of participant in the commodities futures markets,” hedge fund Michael Masters testified before Congress in the midst of the 2008 food crisis…

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Introducing the Slashcasters

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Slashcasters, a new breed of pitchmen for the digital age of retail

Futurist Thomas Frey:  I was recently asked to do the keynote talk at a retailer conference in Orlando, Florida speaking on the topic of what the future of retail may hold. At one point in the conversation, the caller made the comment that one of the biggest problems in retail is that consumers are evolving faster than retailers can adapt.

 

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Teaching Responsible Drinking By Allowing Teens to Drink Under Supervision Backfires

parents drinking with teens

Allowing teens to drink backfires.

Parents begin to worry as prom night approaches.  They are worried about what might happen during after hour parties.  Some parents might be tempted to try to teach their high schoolers to drink responsibly – by allowing them to consume alcohol under supervision.

 

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Brown Recluse Spider Population Boom Result of Climate Change

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Brown recluse spider

The brown recluse are one of the most feared spiders in North America.  And now the brown recluse – or Loxosceles reclusa – spider population is growing, and predicted to expand into the northern states as a result of climate change.

 

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Study: High Levels of Flame Retardants Found in Dogs

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High levels of chemical flame retardants found in pet dogs.

Levels of flame retardants that are five to ten times higher than typically found in humans have been found in the blood of pet dogs, researchers at Indiana University have discovered. Dogs could be the canary in the coal mine for how accumulating polybrominated flame retardants will affect humans.

 

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MySpace For Sale: The Bidding Begins

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MySpace is coming up on the chopping block.

A handful of venture capital firms and other companies are expected to make News Corp. offers for one of its most disappointing properties:MySpace.

News Corp. declared it was ready to sell MySpace in an earnings call in February. At that time, in spite of significant layoffs and a massive redesign, the company “recorded a $275 million pre-tax charge for the impairment of goodwill related to the Digital Media Group and an organizational restructuring at MySpace…

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Discover the Hidden Patterns of Tomorrow with Futurist Thomas Frey
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By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.

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