PDA

View Full Version : Neil Cavuto With Craig R Smith On Food Riots in Algeria




Patriotxi
01-19-2011, 07:09 AM
http://www.youtube.com/watch?v=A4jmop6GQZE
"We are absolutely spoiled," said Jason Britt, president of Central States Commodities Inc., a research and analysis company in Kansas City, Missouri. "We have the luxury that we spend a small percentage on food. But I wouldn't be surprised to see larger bites of our incomes used."
Smith discusses whether we'll see similar food shortages and unrest in the U.S.

Video - Jan 14, 2011 - Text from Youtube page - Craig Smith with Neil Cavuto discussing the Tunisian riots over food prices and whether America is headed for the same fate. US consumer prices have been surging in recent months and some wonder if we are headed for the biggest spike in inflation in our history. Craig discusses why the tools in our arsenal, traditionally used to fight inflation, will no longer work.