Glenn Beck: Millions will starve when hyperinflation comes January

[ck4829]

Cranking up his doomsday predictions to a new fever pitch, Glenn Beck this week warned that by January some 75 million Americans could be starving.

“Brace yourself. We went to two or three experts yesterday,” the Fox News Channel host said in his Wednesday radio broacast. “One of them said that by next year a quarter of this nation will not be able to afford food. … Is it going to happen? At some point, yes. When? I don’t know. I just ask you to please prepare. … Experts are now telling me that it’s happening next year.”

Beck, who for years has counseled listeners to hoard food, has long been warning that a shortage could be right around the corner — just one of many dire predictions, typically related to government malfeasance or related end-times scenarios, that have made Beck a hero of much of the radical right. Now he’s suggesting that the scary corner could be a mere six weeks away.

This time, Beck claimed that certain experts are saying that the Fed’s latest round of “quantitative easing” — a strategy that would effectively put about $600 billion into circulation during the next 12 months — is going to cause hyperinflation, the collapse of the dollar, and ultimately lead to staggeringly high food prices. He cited predictions published Nov. 5 by a group called the National Inflation Association (NIA), one of whose stated goals is to help Americans prepare for “the upcoming hyperinflationary crisis.”

Some sample prices under this post-apocalyptic US:
Two pounds of sugar - $62.21
64 ounces of orange juice - $45.71
11.5-ounce can of Folgers coffee - $77.71
Single 1.55-ounce Hershey bar - $15.50

Statistics from the Bureau of Economic analysis show that grocery prices increased by only 0.06% overall in the third quarter (July-September) of 2010. And prices for fruits and vegetables, bakery, and canned goods actually declined. If hyperinflation is imminent, it is getting off to a colossally slow start.

http://www.splcenter.org/blog/2010/11/12/glenn-beck-a-quarter-of-americans-may-face-starvation/

I saw some posts by right wingers on another forum talking about how the prices of food are going to go up several hundred times, and "then all the liberals will starve. Haha!", now I know where it came from.

Well, remember this post in January. If you truly have to fill your car with money and then push it to the grocery store so you can just buy milk and eggs, then we will finally know that Glenn Beck was actually right.

[RUMMYisFROSTED]

1. Damn that Boehner!

:grr:

[mediaman007]

26. So I guess that the rich will need a tax cut to afford desserts.

[Joe Bacon]

59. Wow! What a welcoming present for the new GOP Whorehouse of Representatives!

And we know who Fox News will blame for this hyperinflation, now don't we??????

[ejpoeta]

2. i figured beck was where my brother was getting his stocking up on a year's worth of

canned goods stuff. he's been saying that for awhile. to be prepared for stuff that is going to happen soon.

[geckosfeet]

22. A years worth of canned food? Figure 6 cans a day, time 365 days,

that's well over 2000 cans.

Get busy.

I remember seeing the home page of becKKKs website a few weeks ago - prominently displayed was a link to some whacko (or should that be Waco) survivalist MRE jibberish. He is, quite literally, in the business of catering to the fears of people who are very emotionally invested in preparing for Armageddon.

[ejpoeta]

39. i, wonder where he will put it all. he doesn't even have room for his dishes in his kitchen!! he

says he is going to make a pantry. it's a good idea to have SOME food stored for storms and such. but a year?? i almost wanted to ask him if he was going to build himself a bunker too. but i bit my tongue.

[Mojorabbit]

47. I was born in the 50s

and raised to always have at least six months of food in the pantry. Nothing new under the sun. I seriously doubt we are in for hyperinflation but it does not hurt to have some extra in case of job loss or emergency.

[sendero]

3. I like it when....

.... jackasses like Beck make specific predictions like that. If he left the time frame off he might have a point. But since he didn't he now has a 0.001% chance of being correct.

[alphafemale]

4. Wow. He's really pushing those emergency food packs to the stoopid isn't he?

He must be getting quite the profit from those damn things.

[KharmaTrain]

7. Bingo!

And make sure you buy some over-valued gold while you're at it, too. It's like the Y2K scare all over again. Gotta give the huckster his due, he's got some pretty gullible fish.

[madmax]

49. That was my first thought - the Gold scam he profits from n/t

[CoffeeCat]

41. Beck is making money from the food packs!!!

They are a major sponsor on his show. Their advertisements
are on his show all of the time. I'm sure he gets a cut of
the sales.

Can you believe this?

And the people who listen to this guy--think they're so extra
special and smart for doing so?

I mean seriously. How obvious can the bamboozling be.

It's so sad, it's hysterical!

[Joe Bacon]

60. Yes he pushes the food, but ol Lonesome Rhodes Beck forgot something!

What good is all that Glenn Beck Food Insurance if you have no water? It's gonna really suck dead elephant dicks to crunch that freeze dried beef stroganoff and lasagna without the water!

[asjr]

5. Beck is constantly yelling FIRE in a crowded room.

There has to be some way to shut him up.

[madrchsod]

6. if that happens beck will be off the air....

watch what you wish for glen.....

[Ikonoklast]

8. One of his paying gigs is hawking gold to the rubes.

The Gold Buggers have used this hyper-inflation line since the 1970's.

The $600 billion the Fed put into our economy sounds like a lot of money to those that don't understand it's just a drop in the bucket.


Current commodity prices on the CBOE say Beck is dead wrong.

[Fuzz]

9. Beck gets all his information from the national inflation something or other

It's a scam front group for gold and or silver selling companies.

http://inflation.us/

[struggle4progress]

48. I thought space aliens broadcast secret messages to his dental work

[MrModerate]

10. So, at what point do chicken little's thick-headed fans get the hint . . .

That the sky is not actually falling?

If I recall the Chicken Little story correctly, don't all the barnyard animals who joint the stampede get eaten -- by a fox?

Anyone who maintains that irony is dead hasn't been paying attention.

[Delphinus]

11. I don't want to sound dumb,

but isn't the kind of true:
This time, Beck claimed that certain experts are saying that the Fed’s latest round of “quantitative easing” — a strategy that would effectively put about $600 billion into circulation during the next 12 months — is going to cause hyperinflation, the collapse of the dollar, and ultimately lead to staggeringly high food prices. He cited predictions published Nov. 5 by a group called the National Inflation Association (NIA), one of whose stated goals is to help Americans prepare for “the upcoming hyperinflationary crisis.”

Won't the printing of $600 billion devalue the dollar, thus causing inflation?

[ck4829]

16. The money is taken back out of circulation real quick

[Delphinus]

18. OK, see

this is why I have never understood economics. What does the printing of the money do for anyone, especially if it's taken out of circulation after being "given out"?

[ck4829]

23. The federal reserve can make requests to print money to match the needs of banks

Makes sure there is paper money to match the electronic money.

All this stuff in the is all for emergency, nobody is printing money just to print money.

I think the rest of the article can explain it better than I can.

[Delphinus]

25. OK - thanks.

(And thanks for not calling me dumb. :))

[Dash87]

12. When it doesn't happen, it will be the "Great Dope-sappointment"

[nxylas]

31. No, it will be conveniently forgotten about

And if anyone tries to remind them, they will just dismiss it as liberal lies and propaganda. Never underestimate the capacity for self-delusion of the authoritarian follower.

[NJCher]

13. just another r-w talking point

They've been hawking this scare tactic on Coast to Coast, too.


Cher

[SpiralHawk]

14. High food prices are being created by Republicon SPECULATORS

And Republicon demagogue chickenhawk stooges like Beck create -- with their messages of fear -- the perfect conditions for Republicon speculators to do their EVIL.

Thanks a pantload, Glenny Boy (R).

[rucky]

15. SELL YR GOLLLLD!@!!11

[SammyWinstonJack]

17. Laughing about people starving because of differing political view? Sick pukes.

:pukes:

[RandomThoughts]

19. Interesting choice of numbers and items.

They got Hawaii, Florida or California, Seattle, and Pennsylvania in the items.

And the prices are an interesting choice also.

[dipsydoodle]

20. Well he started of with sugar....

From yesterday :

Sugar Prices Fall the Most in 22 Years in N.Y. http://www.bloomberg.com/news/2010-11-12/white-sugar-drops-most-in-a-year-on-exports-from-europe-surplus-in-india.html

[CoffeeCat]

21. One of Beck's sponsors is a food-supply company!!!!

I only have a minute to post about this (will post more later and others can do
their own due diligence), but one of Glenn Beck's major sponsors is a company
that sells packaged and canned food that has a very long shelf life.

Beck is engaging in the same kind of fearmongering, smarmy sales tactics that he
did with the gold advertisers. He whipped his listeners up into a frenzy, convincing
them that they needed to hoard gold for the impending difficult times.

Now, he is at with--insisting that people must hoard food and have a stockpile for
their family, if they are to survive what is coming. I listen to Beck sometimes, and
he tells his audience that he loves and cares about them and that he is stockpiling
this food and that they must do the same.

Then, you hear a commercial for this food company!!!!

Last week, Beck told his audience that the average person has 25k worth of stuff that they could
sell in their house on Ebay, or in garage sales. He then encouraged his listeners to use that
money to buy their food stockpile!!!!!

People, this is SICK!!! He's pedaling the services and products of a company---while terrorizing
people into buying it!

[OneGrassRoot]

33. Yep, here's a good article re: Beck and better ways to prepare....

(I'd pretty much do the opposite of what Beck ever suggests at this point...)

http://www.grist.org/article/food-2010-11-11-as-end-times-near-glenn-beck-peddles-food-insurance

[RedCloud]

24. beck should be beheaded again. This time don't let it grow back.

[Turbineguy]

27. Two or three experts.

Sounds approximately accurate to me.

[Ikonoklast]

29. Within a variable of +/- 3.

[superduperfarleft]

28. "In 2008, 49.1 million Americans lived in food insecure households,"

http://feedingamerica.org/faces-of-hunger/hunger-101/hunger-and-poverty-statistics.aspx

Yeah, no shit, Glenn. Glad to see he's finally confronting issues of poverty and hunger. :sarcasm:

[burnsei sensei]

30. Hyperinflation?

What if it goes the other way?
What if stagnation is the rule?
I don't believe Beck's story. Precedent favors stagnation more than collapse.

[Catshrink]

32. I went to to two or three experts yesterday and they confirmed

that Glenn Beck is an asshole.

[trof]

34. Sugar already at $928 per bag.

If you buy it from Baxter Labs.

The most surprising thing about Louisiana’s new drug pricing lawsuit is the allegation, buried on page 12, that Baxter International (BAX) sold salt and sugar to Medicaid for $928 a bag. That fact alone tells you all you need to know about why healthcare costs in the U.S. are going up when they could be coming down: The law allows drug companies to rook state Medicaid and federal Medicare programs by preventing the agencies from negotiating drug prices.
http://www.bnet.com/blog/drug-business/928-for-a-bag-of-salt-how-drugmakers-rip-off-taxpayers/6309

[Poboy]

38. Good info that should get more exposure. OP is suggested. -nt

[Scurrilous]

35. LOL

Nutjob.

[walldude]

36. LMAO.. Yeah and If I go back a year ago on Becks show

I'm sure I can find some signs of "doom" that were supposed to happen already. How many times has Beck said "within a year"... And how many of those things actually came true?

[fascisthunter]

37. as If Glen Beck cared if people starved, and he's helping that happen

[roamer65]

40. Price inflation ramps up slowly at first.

This moron has no comprehension of basic economics.

We are presently trending toward disinflation. Bernanke is simply inflation targeting. Will prices go up? Yes....but not to this extreme.

Historically, the American economy has always done its best with a 3-5% inflation rate.

[Initech]

42. I'm getting really sick of this apocalypse hysteria bullshit Fux keeps peddling.

[marmar]

43. Because he's hyping these 'food insurance kits'

http://www.grist.org/article/food-2010-11-11-as-end-times-near-glenn-beck-peddles-food-insurance


He's nothing but a huckster. And his braindead minions will eagerly feast on the bullshit.

[Warren DeMontague]

44. See? Even Glenn Beck agrees! WE'RE DOOOOOOOMED! DOOOOMED!

DOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOMED!

[Ilsa]

45. Excellent! In 6-8 weeks there will be proof of what an idiot Beck is. nt

[jberryhill]

46. Do you mind if I don't wait?

Holidng out another two months before deciding Beck is a dumbass seems like overkill to me.

[madmax]

50. Big LOL n/t

[Ilsa]

54. AGREED!! and the other poster is right: his followers won't care that he lies about his record. nt

[Adenoid_Hynkel]

53. and he'll just revise history and pretend he never said it - and they'll fall for it

like the way his audience believes him when he lies and says he never was a Dubya supporter (despite the fact that he sold pro-Bush merchandise on his site well into 2009)

[Canuckistanian]

51. Glenn Beck seems to have a lot of meat on his bones

I'm sure he'd feed a family of four for a few weeks.

[Adenoid_Hynkel]

52. And they want us to believe Olbermann does the same thing from the left

yeah, no difference in MSNBC and FOX

let's not forget that Beck also pushed that lame conspiracy shit about FEMA camps to his idiot viewers

[B Calm]

62. They sure have been pushing that fucking lie a lot lately!

[chillspike]

55. Oh, is Beck Nostradomus now?

Millions of his minions are starving right now of brain cells.

[stillwaiting]

58. More like Nostradumbass

:)

[Joe Bacon]

63. More like Nastydumbass!

:evilgrin:

[unkachuck]

56. "...next year a quarter of this nation will not be able to afford food."

....no problemo, becky....we'll all come over to your house on the weekends for a Bar-B-Que....

....what are you having?

[Orsino]

57. Therefore they won't--good news!

That was easy.

[SalmonChantedEvening]

61. Sounds like those survival kits aren't selling.

Time to ramp up the sales pitch.

[WinkyDink]

64. Quick! Buy gold! Then...........Eat it!