A Quote by Nicola Sturgeon
Poverty is on the increase - due to welfare cuts - and demand for food banks has rocketed.
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U.K. welfare cuts are pushing more children into poverty; that is beyond dispute.
The Black public sector middle class teachers, policeman, firemen, and post office workers, those jobs have been on the decline but there hasn't been a corresponding increase in the private sector. What is especially painful is government policy bailed out the banks without making them make reinvestments for rebuilding. The result is 53-million Americans are food insecure, 50-million Americans are in poverty, 44 million are on food stamps, 26 million are looking for a job.
Central banks are choosing to increase their gold holdings as a percentage of total reserves. They obviously think there is a reason to do that. It doesn't make sense to back up one currency with a hoard of other paper currencies. There needs to be a real anchor there. I think that central banks are well behind the curve. If you look at the percentage of above-ground gold controlled by central banks, it's historically low. Hence the fact that central banks are trying to increase their holdings. They've got a long way to go to get where they need to be.
Miners produce the bullion. If there is going to be more demand for gold from investors and central banks, where is the gold going to come from? They have to dig it out of the ground and sell it. As the price of gold goes higher, their profit margins increase. So if you are very bullish like I am and think there is going to be a big increase in gold, it's a huge opportunity for miners.
Whenever people in Washington complain about spending cuts, they mean spending cuts that would affect defense contractors. They want to massively increase spending cuts everywhere else in the budget.
It is true that food banks are a sign that the British retain their altruistic instincts. I support my local food banks whenever and however I can. But I am deeply concerned about their normalisation.
In general it may be said that demand is quite as necessary to the increase of capital as the increase of capital is to demand.
Food banks have told us of the increasing donations of, and demand for, tampons and pads which are gratefully received by women struggling to afford them.
The best place to have some food set aside is within our homes, together with a little money in savings. The best welfare program is our own welfare program. Five or six cans of wheat in the home are better than a bushel in the welfare granary. ... We can begin with a one week's food supply and gradually build it to a month, and then to three months. I am speaking now of food to cover basic needs.
If you punish the banks, all you are doing is reducing the banks' capital, which you want to increase, and punishing shareholders, who have done nothing wrong.
Negative interest rates hurt banks' balance sheets, with the 'wealth effect' on banks overwhelming the small increase in incentives to lend.
Often when we talk about food and food policy, it is thinking about hunger and food access through food pantries and food banks, all of which are extremely important.
Rising demand for animal products highlights microbiological risks, with animal-welfare measures sometimes creating new hazards. For example, open pens for poultry may increase the spread of communicable diseases like avian influenza.
Food poverty comes in two strands. The first is not having enough money to buy food for yourself and your family. The second is poverty of education.
The whole action of the laws tended to increase the number of consumers of food and to diminish the number of producers, was due the invention of the Malthusian theory of population.
The 1996 welfare reform law, for the first time, connected welfare benefits with an expectation that recipients would work or participate in training. That work requirement led to record increases in employment and earnings and a record decrease in poverty and welfare dependence after it was enacted.
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