Friday, April 18, 2008

Open Famine

Here is something we really better not talk about. I don't think we should be having any discussions about the rising cost of staple foods. There shouldn't be any public forums on the diminishing availability of basic foods like rice and wheat.

At the same time we really should not concern ourselves with the similar rise in fuel prices.

It is really important to note that, strictly speaking, these issues are not directly related to more traditional Supply-and-Demand market perspectives. On the contrary, neither staple food supplies or base fuel supplies have been significantly diminished. It is only the price that has changed dramatically.

I believe this change is due to the practice of futures trading.

Futures trading, in my simple perspective, is the arena of the few monied interests to first artificially raise the price of base consumables and then reap HUGH profits from the artificially elevated market prices.

Profiteers lining their pockets while Americans are paying $3.50+ per gallon of gas. Greedy manipulators who have profited while "...100 million additional people are considered by the World Bank to have been forced into extreme poverty, and there have been food riots in Egypt, Haiti and elsewhere." [1]

The food crisis is a real one, with rice - basic to the diet in much of Asia - rising in price by 75 percent in two months, and the rise in wheat, equally important to most Western countries, rising by 120 percent over the year. This risks famine in vulnerable countries.[1]

And, before you scold me about lumping food and oil into the same issue please remember that fuel costs affect food production costs, as well as shipping and processing.

But all of this is of very little consequence because
A.) We are not going to talk about it.
B.) We are confident that our current administration has everything well in hand.
C.) We are far more concerned whether an un-named political figure does or does not have an American Flag lapel pin.
OK folks, lets not talk about this any more...OK?


(Now forming...the committee to not re-elect Presidents Clinton)
I am William "Papa" Meloney and I endorse this message.

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