King Corn

The other night we watched an interesting documentary called “King Corn.” At first I didn’t think I was going to like it, because it seemed a little quirky. (Perhaps my judgment was affected by having recently watched the highly polished “Food Inc.”)

Both documentaries are about the American food industry. “Food Inc.” covered several different industries while “King Corn” concentrated on corn (surprise!)

“King Corn” seemed more even-handed in its depiction of a country that, in an effort to make sure everyone has enough food, has encouraged the food industry’s growth to the point that we now grow an amazing amount of food…..but it’s no good for us!

The incredible amount of corn now grown in this country is not represented by the lovely ears of sweet corn you see on farmstands in late summer. It’s a less nutritious type of corn that’s used to fatten livestock to enormous levels, and it’s fattening us, too.

I’m a label-reader, but I was still shocked at how many products now have corn in them. Things you would never imagine.

I guess I was unaware of the extent to which corn products have infiltrated grocery store items because I tend to “shop around the sides” of a grocery store, avoiding premade products when possible and sticking to home-cooking for the most part. But most people don’t have the time for that, so they’re consuming incredible amounts of corn that’s being blamed for the big increase in obesity over the past 30 years.

I was particularly interested in the documentary’s report about an East Coast man who had gotten into the habit of drinking a 2-liter bottle of pop each day (pop is almost always sweetened with corn syrup instead of sugar now). He weighed 300 pounds. When he cut pop from his diet, he lost 100 pounds! But he still ended up diabetic.

Our family never got into the habit of having pop on a daily basis, preferring water with meals. I’m sure glad we did that. It might also be the reason why most of us avoid pop entirely now, because our stomachs aren’t used to it.

Corn syrup and other corn products are now found in many, many convenience foods and prepared dinners. I started checking the items in my pantry and found it in pretzels, my son’s very favorite snack food, so I went to Woodman’s and found a different brand of pretzels that doesn’t use corn syrup.

While there, I searched the pop aisle and only found a few products without corn syrup, including Pepsi Throwback, which is made with sugar like Pepsi used to be made. The pop I bought today cost a lot more than pop made with corn products, but that’s not surprising. One of the reasons corn became very popular as an ingredient is that it’s so much cheaper than sugar. I’ve decided that I’d rather pay to avoid the corn now than pay later with health issues. Besides, buying expensive pop means the one person in our household who drinks pop for a treat will have to cut back.

“Food Inc.” deserves its own review, but I’ll save that for another time. You’ll find a lot to think about in both documentaries, but try “King Corn” first. It’s more personal, and we all enjoyed it a lot.

Bank Safety Project for Teens

Teens usually learn more from real life learning projects than from projects out of books. A bonus is that the teen doing the assignment sometimes also helps out the family by performing a useful service.

Here’s a project you can assign your teen that will be helpful to you. Maybe you haven’t noticed, but for the past year or so, at the end of each week the FDIC closes one or more U.S. banks. These closings aren’t widely publicized, but they’re happening. No one wants to find out their bank is one of the failed banks, especially once it’s too late to do anything about it.

Sometimes the banks are merged with other banks and the transition is seamless. But if that doesn’t happen, the bank is closed by the FDIC and you may have to wait to get your money back. The FDIC insurance fund is slowly being used up (although the more cynical among us figure the government will just print up a fresh batch of dollars once they run out.) The bottom line is that no one wants their money in a failed bank.

Fortunately, there are free online services that allow you to look up your bank and make sure it’s not headed for a Friday night closing. These services look at the financial situation of each bank and rate it based on performance and prognosis. We’ve been watching our banks for a few years, and actually dumped a couple when their ratings went down. One went from 4 stars (pretty good) to 1 star (poor) in less than two years. In this economic climate, it makes sense to protect your hard-earned dollars by keeping track of your bank’s safety rating.

Your teen can look up the family bank to see what kind of shape it’s in. Some free services come with reports that explain exactly what’s going on in a bank, and where problems may be looming. Most teens won’t want to read these reports, preferring just to look at the wrap-up. Those who do want to read the particulars may be candidates for careers in accounting or investment banking. In either case, reading the reports and looking up unfamiliar phrases would be a good learning exercise for teens and parents.

The two services we use are Bankrate.com and Bauer. Bankrate offers free reports, while Bauer offers a brief wrap-up for free; detailed reports will cost you. But all you really need is the wrap-up.

Since many banks are in trouble because they made too many imprudent loans, your teen should also take a look at your bank’s troubled asset ratio. The Investigative Reporting Workshop (American University School of Communication) offers a handy tool that lets you look up any bank and see its current troubled asset ratio, how it compares to the national median, and its ratio history for the past two years.

Using these three tools will help your teen understand a bit more about banks while helping you decide whether your money is safe in your current bank. Your teen can look up this information for Grandma and Grandpa to make sure their banks are good ones, too.

January Newsletter is Up!

Last night the January issue of “The Imperfect Homeschooler” went out to all subscribers. If you’re not a subscriber, you can check it out here.

This month’s lead article is the first in the Back to Basics 2010 series; it’s called “Kids and Cooking.” Let me know what you think!

(PS…..Just three days left on the Buy One, Get One Free sale…..don’t miss out!)