Eugene David
...The One-Minute Pundit

Monday, July 28, 2008


To those who glibly predict that all this non-speculation in oil will cause people to eat less, and better:

Kraft's net revenue was up 21.4% to $11.2 billion, and net earnings were up 4% to $732 million from $707 million a year ago. The company pointed to Mac N' Cheese, Kraft cheese and processed meat as contributors to increased sales during the period.

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