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THE Glenn Beck Thread (merged)

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Glenn Beck, says buy and store food now.

Postby sittinguy » Mon 21 Apr 2008, 23:42:03

due to the east and west coast rice shortage. I love it, smell the doom
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Re: Glenn Beck, says buy and store food now.

Postby jasonraymondson » Mon 21 Apr 2008, 23:59:55

Do you have a link?
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Re: Glenn Beck, says buy and store food now.

Postby HEADER_RACK » Tue 22 Apr 2008, 00:03:04

$this->bbcode_second_pass_quote('sittinguy', 'd')ue to the east and west coast rice shortage. I love it, smell the doom

You have got to be kidding me!!!
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Re: Glenn Beck, says buy and store food now.

Postby Atlantean_Relic » Tue 22 Apr 2008, 00:04:08

Rice shortage is going to cause chaos?
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Re: Glenn Beck, says buy and store food now.

Postby eXpat » Tue 22 Apr 2008, 00:27:50

http://www.cnn.com/CNN/Programs/glenn.beck/index.html

from there:

$this->bbcode_second_pass_quote('', 'A')merica's food crisis
Food prices are soaring, making a significant impact on families and retailers across the country. Stores now limiting the purchase of staples such as flour, rice and cooking oil because demand is outstripping supply! Glenn looks at the cause and effect, tonight at 7 and 9 ET.
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Re: Glenn Beck, says buy and store food now.

Postby jasonraymondson » Tue 22 Apr 2008, 00:29:25

Insane.
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Re: Glenn Beck, says buy and store food now.

Postby smallpoxgirl » Tue 22 Apr 2008, 00:30:11

Wanna bet dude is long in rice futures?
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Re: Glenn Beck, says buy and store food now.

Postby HEADER_RACK » Tue 22 Apr 2008, 00:40:58

"MSM on stage telling sheeple to stock up on food"
" Cue Panic buying "
" Get the turd and fan ready they're on stage next"
" Followed by end credits"
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Re: Glenn Beck, says buy and store food now.

Postby jasonraymondson » Tue 22 Apr 2008, 00:52:34

He also had a decent post about the great depression back in febraruy.

http://www.cnn.com/2008/US/02/28/beck.c ... index.html
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Re: Glenn Beck, says buy and store food now.

Postby Gandalf_the_White » Tue 22 Apr 2008, 00:55:05

Are any of you guys buying this? How concerned should we be?
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Re: Glenn Beck, says buy and store food now.

Postby HEADER_RACK » Tue 22 Apr 2008, 01:00:56

Ok seriously now

Nothing's going to happen. No Panic buying. People are BROKE!! Homes aren't atm's anymore. Credit cards getting maxed just to get food and gas to make it till next pay day. Besides most people aren't proactive just reflexive. They won't do anything until it has a direct effect on them as an individual. Then they are like a deer in headlights.
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Re: Glenn Beck, says buy and store food now.

Postby smallpoxgirl » Tue 22 Apr 2008, 01:16:09

I'm a doomer and all, but we're a heck of a long way from the point where American's start starving because they can't afford rice.
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Re: Glenn Beck, says buy and store food now.

Postby HEADER_RACK » Tue 22 Apr 2008, 01:36:43

$this->bbcode_second_pass_quote('smallpoxgirl', 'I')'m a doomer and all, but we're a heck of a long way from the point where American's start starving because they can't afford rice.

I agree. What I'm saying is. MSM might be telling them to stock up for harder times ahead. I'm saying they won't. Most people don't have dispossable incomes anymore. How does a person living check to check spend even more money than normal on future food stocks? They won't. They only focus on the here and now and when the time comes when things realy do become scarce and they needs those food stocks they should have bought, they are going to be like OH-FUCK!!! Then it will get bad.

Just to add
When the government came out with the list of stuff a family should have on hand for a terrorist attack. How many people(consumer people) do you think realy have that on hand. Same principle
Last edited by HEADER_RACK on Tue 22 Apr 2008, 01:44:39, edited 1 time in total.
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Re: Glenn Beck, says buy and store food now.

Postby smallpoxgirl » Tue 22 Apr 2008, 01:43:57

My vote, Glenn Beck is into rice futures and/or gets significant enjoyment from the idea of more Hatians starving.
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Re: Glenn Beck, says buy and store food now.

Postby Jack » Tue 22 Apr 2008, 01:50:39

$this->bbcode_second_pass_quote('Gandalf_the_White', 'A')re any of you guys buying this? How concerned should we be?


No, I don't buy it. I doubt there is any need for concern.

Take a look at the futures quotes for corn, wheat, and rice. Rice is the only one that's at the highs. July corn is at 5.92, down from 6.20. July Wheat is at 8.52, down from $12.40. Such price action diverges from the type of shortages being discussed.

If there were shortages, expect the prices to lock limit up day, after day, after day. We're simply not seeing it. If you don't care to follow the futures market, follow DBA, an ETF consisting of 25% each of corn, wheat, soybeans, and sugar. It's about where it was in January after an earlier runup. As if that weren't enough, it's below its 50 day moving average, MACD looks as if it's turning negative, and stochastics look as if they're headed lower after being overbought. Translated: prices look as if they're headed lower, not higher.

Don't worry. Be happy. Buy ammo. Not necessarily in that order. 8)
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Re: Glenn Beck, says buy and store food now.

Postby jasonraymondson » Tue 22 Apr 2008, 01:51:26

$this->bbcode_second_pass_quote('smallpoxgirl', 'M')y vote, Glenn Beck is into rice futures and/or gets significant enjoyment from the idea of more Hatians starving.



He is a tool, but to what ends, is anyones guess.
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Re: Glenn Beck, says buy and store food now.

Postby Jack » Tue 22 Apr 2008, 01:52:50

$this->bbcode_second_pass_quote('smallpoxgirl', 'M')y vote, Glenn Beck is into rice futures and/or gets significant enjoyment from the idea of more Hatians starving.


Lord knows, that works for me.... 8)

Except the rice market. Thin markets can get nasty.
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Re: Glenn Beck, says buy and store food now.

Postby seldom_seen » Tue 22 Apr 2008, 01:58:44

I'm not trying to defend the guy, cause I don't know anything about him, but the few times I heard him on the radio, he was going off on the fed and inflation, saying basically the economy is toast, telling people to buy gold.

He sounded like he was reading from posts on this forum.
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Re: Glenn Beck, says buy and store food now.

Postby roccman » Tue 22 Apr 2008, 01:58:59

$this->bbcode_second_pass_quote('HEADER_RACK', '')$this->bbcode_second_pass_quote('smallpoxgirl', 'I')'m a doomer and all, but we're a heck of a long way from the point where American's start starving because they can't afford rice.

I agree. What I'm saying is. MSM might be telling them to stock up for harder times ahead. I'm saying they won't. Most people don't have dispossable incomes anymore. How does a person living check to check spend even more money than normal on future food stocks? They won't. They only focus on the here and now and when the time comes when things realy do become scarce and they needs those food stocks they should have bought, they are going to be like OH-FUCK!!! Then it will get bad.

Just to add
When the government came out with the list of stuff a family should have on hand for a terrorist attack. How many people(consumer people) do you think realy have that on hand. Same principle


Sooooooooooooo...

This is why people should (HAVE) leveraged the snot out of their house...bought a crap load of food...then mail the keys back (business decision of course).

HD TVs, new tits, trips to Europe, and other useless bling...is, was, and forever will be ...USELESS bling.

Want some salt with that 750 FICO?
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Re: Glenn Beck, says buy and store food now.

Postby HEADER_RACK » Tue 22 Apr 2008, 02:03:28

$this->bbcode_second_pass_quote('roccman', '')$this->bbcode_second_pass_quote('HEADER_RACK', '')$this->bbcode_second_pass_quote('smallpoxgirl', 'I')'m a doomer and all, but we're a heck of a long way from the point where American's start starving because they can't afford rice.

I agree. What I'm saying is. MSM might be telling them to stock up for harder times ahead. I'm saying they won't. Most people don't have dispossable incomes anymore. How does a person living check to check spend even more money than normal on future food stocks? They won't. They only focus on the here and now and when the time comes when things realy do become scarce and they needs those food stocks they should have bought, they are going to be like OH-FUCK!!! Then it will get bad.

Just to add
When the government came out with the list of stuff a family should have on hand for a terrorist attack. How many people(consumer people) do you think realy have that on hand. Same principle


Sooooooooooooo...

This is why people should (HAVE) leveraged the snot out of their house...bought a crap load of food...then mail the keys back (business decision of course).

HD TVs, new tits, trips to Europe, and other useless bling...is, was, and forever will be ...USELESS bling.

Want some salt with that 750 FICO?


I totaly agreed with you on that thread Roc! Don't seem to see any indentured servitude prisons going up either.
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