Rachel’s note: More than 38 million people, including 12 million children, are food insecure in the United States.
But at the same time, Americans throw away about 80 billion pounds of food each year. That’s about 30-40% of the U.S. food supply. And it makes up about 24% of landfills.
That’s why today, Casey Research colleague and former hedge fund manager Teeka Tiwari will share how you can help him donate up to $50,000 to a non-profit organization providing meals for families in need.
All you have to do is attend his special briefing on a massive crisis that’s approaching your doorstep. It’s called Countdown to Catastrophe, and it’s taking place next Wednesday, August 24 at 8 p.m. ET.
The best part is, it’s free to watch… and you’ll get a recommendation just for showing up. Sign up here.
Then, read on for Teeka’s own struggle with food insecurity… and how he plans to help others.
By Teeka Tiwari, editor, Palm Beach Venture
The buzzing sound in my ears was the first sign something was wrong.
Darkness crept up from the far corners of my vision. The next thing I remember, I was on the floor.
When I opened my eyes, a group of people surrounded me, asking if I was all right.
The year was 1989. I was 18.
I’d been working on Wall Street for six months. Each day, I’d leave my one-bedroom apartment in Queens and take the E-train to the gloomy skyscraper canyons of lower Manhattan.
Apparently, I had passed out on the train. At the time, I was getting by on four hours of sleep per night.
I worked at Lehman Brothers until 5 p.m. Then I took the train to Brooklyn, where I’d work a six-to-midnight shift loading trucks.
I’d then take two trains home and walk a mile to my apartment. On weekends, I’d work two 12-hour shifts in a local diner, washing dishes and mopping floors.
But it wasn’t the constant working that made me collapse. I was 18 and had endless energy. It was the lack of food.
A few weeks before I passed out on the train, I had an emergency root canal. The cost of the procedure cleaned out my emergency fund.
Out of an abundance of fiscal caution, I cut my food budget. I was down to eating plain boiled pasta with salt once per day.
It wasn’t my first financial emergency. So cutting my food budget was usually enough to get me through to the weekend when I could get free meals at the diner where I worked.
But this time, the strategy took a toll on my body.
When I came to the U.S., I weighed in at a husky 200 pounds. Six months into my Wall Street adventure, my weight had plummeted to 155 pounds. At 6’2” with a broad build, it wasn’t a good look.
My chest sunk in. My cheeks became hollow. And my skin stretched so tight across my bones it looked like it’d tear open like brittle tissue paper.
My problem was simple. I didn’t have enough to eat.
Food Security Is a Problem in America
I’d never heard of a food bank before. And even if I had, I would have probably been too proud to ask for help.
In my mind, I had a job and a roof over my head. I felt very lucky. It never occurred to me I was starving myself.
I’m sharing this experience with you because I’ve become acutely aware that millions of Americans are starving themselves to make ends meet.
Skyrocketing food, housing, and energy prices are pushing millions of our fellow citizens into what is euphemistically called “food insecurity.”
According to the U.S. Department of Agriculture, more than 38 million people, including 12 million children, are food insecure in the country.
This means they lack consistent access to abundant food for every person in a household to live an active, healthy life.
Here’s why I’m telling you this…
Last month, I attended a seminar in Lancaster, Pennsylvania. The topic was how to avoid the pitfalls of handing down generational wealth.
Nearly 70% of those in attendance were from the Mennonite community or former members of the Amish community.
It was an eye-opening seminar. But the best part was the people I met. The folks in that room have a deep commitment to helping their community.
One individual, David Lapp, told me about his non-profit organization, Blessings of Hope. It provides more than 150,000 meals daily to families within a two-hour driving radius of Lancaster.
David said his charity can provide so many meals because it receives massive donations from food producers and distributors.
You may not know this, but Americans throw away about 80 billion pounds of food each year. That’s about 30-40% of the U.S. food supply. And it makes up about 24% of landfills.
Of course, some food spoils during transportation. But a great deal of it is still perfectly good to eat.
Yet we discard millions of pounds of edible food for trivial reasons like dented or damaged packaging and improper refrigeration. We even throw away misshapen or blemished fruits and vegetables.
I asked Dave why companies don’t just give away the food to charities. He told me that many food banks simply don’t have the logistical capability to accept entire truckloads of frozen chickens or fresh vegetables.
And big food distributors can’t make 40 pit stops to drop off food to churches and charities.
So David and his team came up with a brilliant innovation…
David has a background in logistics. So he acquired a 23,000-square-foot distribution center. If Tyson calls with an entire trailer load of chickens to donate, Blessings of Hope can receive it.
Volunteers unload the trucks and repackage the foodstuffs into smaller serving sizes. As many as 200 food charities pick up what they need from the distribution center.
I immediately asked David to show me his operation. The scale of it all blew me away.
David laughed when I mentioned how impressive it was. He then told me of two more distribution centers Blessings of Hope manages in Lancaster. They are 44,000 and 29,000 square feet, respectively.
Dave plans to take this concept of logistics, scale, and community outreach across the United States. Like me, he believes no one in our country should go hungry.
That’s why I have offered my assistance to Blessings of Hope.
Helping to Feed America’s Needy
You can learn how to get involved in Blessings of Hope right here. It’s a cause I’m passionate about.
Now, I’m sure you have causes you’re passionate about. So I want to make a deal with you…
Food inflation is already creating big problems for millions of Americans. But there’s a much bigger crisis that’s about to hit the country.
I guarantee it’ll be a catastrophe of biblical proportions, and it’ll impact your life.
That’s why at 8 p.m. ET on August 24, I’m hosting an urgent strategy session called “Countdown to Catastrophe.”
During this briefing, I’ll give you my entire blueprint for the coming catastrophe…
And as a bonus for attending, I’ll donate $1 to Blessings of Hope for every unique person who attends the event – up to $50,000.
Friends, this is my own personal money. It doesn’t come from my publisher, Palm Beach Research Group, or any other entity.
I’ll write a personal check for up to $50,000. That’s $1 per every person who attends my special broadcast, up to 50,000 people.
For those of you that are somewhat cynical, I want you to know I will make a sizeable donation to Blessings of Hope regardless of how many people show up.
My goal is to raise awareness around Blessings of Hope and put my readers in a position to profit while supporting a cause that’s important to me.
Let the Game Come to You!
Editor, Palm Beach Venture