Tuesday, May 10, 2011

MSM Monitor's Morning Routine

When not working, and which I will be doing shortly today. It's the once a day luxury I allow myself.

"The daily cup becoming an expensive habit" May 09, 2011|By Kathleen Pierce, Globe Correspondent

There’s a jolt hitting coffee drinkers, and it isn’t just the caffeine.

The price of coffee beans is at a historic high, as droughts and heavy rain in the world’s leading coffee-producing regions limit supply, while a growing taste for coffee over tea in Asia fuels demand.

That's the official bulls*** reason. We all know it is because of the ever-declining dollar because of Bernanke's printing press.

Restaurants and cafes have raised their prices, tacking on anywhere from 5 to 20 cents a cup in recent weeks. The escalating price of the popular Arabica bean has affected almost all coffees, from Maxwell House to organic blends....

So far, few business owners have reported a decline in sales or a customer backlash. Coffee drinkers, it seems, are a loyal — or addicted — bunch.  

Yeah, SO WHAT? 

At least I am NOT ADDICTED to MONEY like the CORPORATE MONEY JUNKIES and their MOUTHPIECE MEDIA FLUNKIES!

“Even during the Great Depression, coffee sales didn’t drop,’’ said Meghan Hubbs, co-owner at Equal Exchange, a West Bridgewater fair-trade roaster and importer that supplies beans to 70 cafes and restaurants in the state and owns cafes in Boston and Seattle....    

We are now in what history will record is the GRAND DEPRESSION that led to the destruction of the AmeriKan Empire.

The price hike is the result of more than just floods and droughts in coffee-growing areas. Also contributing is a weak US dollar, rising prices for fuel and fertilizer, and speculation in the coffee bean market....   

Yes, because a WEAK DOLLAR means it is WORTH LESS!!

Some big chains like Dunkin’ Donuts and McDonald’s have been able to hold down prices because they buy in bulk and their size gives them purchasing power.

And in some cases, franchisees absorb the costs....   

For how long? 

But many coffee vendors have gone with price hikes, another hit for consumers who are already faced with record-high food and fuel costs.... 

Related: Businesses pass along the price of fuel

Everything gets passed along -- right into the mouth of the American consumer.

--more--"  

That's why the Globe gets the purchase.

Then once I sit down with the joe, Globe, pens and notebooks it's click:

"Menino wants to regulate cable rate; To petition FCC over Comcast’s three increases" May 09, 2011|By Andrew Ryan, Globe Staff

Angered by repeated rate hikes, Mayor Thomas M. Menino will file an emergency petition today with the federal government seeking authority to regulate the cost of basic cable in Boston for the first time in a decade.

The filing with the Federal Communications Commission follows three consecutive price increases by Comcast, which has hiked the cost for its lowest rung of service by more than 60 percent over the past three years, according to Menino’s office.

For crap.

That has resulted in “substantially higher’’ cable prices in Boston than in nearby communities where rates are controlled by local governments because of a lack of competition, according to a study commissioned by the city.

In America?

In Boston, another company provides cable service to a handful of residents and the presence of that competitor has long been seen by the FCC as making government regulation unnecessary.  

Yeah, who cares if Comcast is gouging you?

But the Boston study found that, despite the promise of greater competition, the cable giant’s market dominance allowed it to charge higher rates and “over collect’’ $24 million since 2008 for basic cable. Many low-income families rely on the basic package of roughly 20 channels for rudimentary news and community access programming....   

That's what I seem to get in my edition of the Boston Globe -- with the emphasis on rude.

--more--"  

Related: Comcast defends its local rates for cable TV

P.S.  Did I mention I don't read the Globe right away or watch TV news?