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Sunday, May 04, 2008

FUEL FOR THOUGHT: 'LET THEM EAT ETHANOL,' DUBYA

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DUBYA: "PROBLEM IS, THEY'RE NOT STARVIN' IN INDIA"


ADMISSION AGAINST INTERESTS: INDIA SAYS, "YEAH, WE ARE"

U.S. "Family Values" Party Leader Tries To Blame Food Shortages On Hungry Asian Families

Another sterling example of your tax dollars at work: U.S. President George "Dubya" Bush has gone out of his way to infuriate and insult two billion people in China and India, in your name. It's not the voracious appetite for fuel, including biofuel, or the rapid globalization and corporatization of agriculture that is causing shortages, skyrocketing prices and food riots around the world. It's those pesky hungry people out there. Thank Gawd we all had Mr. Bush to represent our interests on this.

Here at home, the Republicans have kept wages down for forty years, while prices continue to rise. Many people cannot afford to live in the towns where they grew up, and some working people cannot even afford to feed their families on Republican wages. But we can lecture India. Gawd bless America!


Cowboys & Indians:
The Hindu, India's National Newspaper - Sunday, 4 MAY 2008
'NEW DELHI: Right across the political spectrum, parties were one in criticising the remarks attributed to U.S. President George W. Bush who suggested that prosperity in India had led to demand for more food and hence the rise in global food prices and shortages.'

'Mr. Javadekar said perhaps Mr. Bush had his eye on his domestic constituents in an election year and a time when the U.S. economy had slowed down. While BJP leader M.A. Naqvi said the remarks were “unwarranted” since the majority of Indians needed more nutrition not less, V.K. Malhotra described them as “laughable.”'

"Parties criticise Bush’s remarks"


Meanwhile, Back in the States . . .
KRNV NBC News Reno Nevada Thursday 1 MAY 2008
"From weather to world markets, gas prices are having an impact on everything you pay for. Since last March, pasta, beans and bread are up 12-17%. Milk is up nearly 20% and flour and eggs, up nearly 30%."

"More and more Northern Nevadans are asking for help. Ordinary Americans are heading to food pantries in large numbers and shelves are going bare."

"'There's a lot of us that come here and sometimes it's not enough for everybody,' Jessica Pina said.

Pina is a single mother who works full time. However, her minimum wage job doesn't offer her enough money to make ends meet.

'When I don't have anything,' Pina said. 'I come here on Mondays, they have milk sometimes and other things that help me.'"

"Supplies dwindle at area food banks"


It's the planet, man.
ReliefWeb Thursday 1 MAY 2008
"Approximately 1 billion people—or one sixth of the world’s population—subsist on less than $1 per day. Of this population, 162 million survive on less than $0.50 per day. At the household level, increasing food prices have the greatest effect on poor and food-insecure populations, who spend 50 or 60 percent or more of their income on food, according to the International Food Policy Research Institute (IFPRI). Overall, increased food prices particularly affect developing countries, and the poorest people within those countries, where populations spend a larger proportional share of income on basic food commodities."
"Global food insecurity and price increase: Situation report #1, FY 2008"


Koyanasqaatsi, anyone?
Toledo Blade Toledo, Ohio Friday 2 May 2008
"Something is seriously out of whack when one of America's major ongoing health problems is obesity while for much of the rest of the world it's malnutrition."
"The farm bill: Unseen costs"


Corn as high as an elephant's eye!
NewsBlaze.com Folsom, California Friday 2 MAY 2008

"During the same press briefing, Fratto rejected the notion that so-called ecological fuel played an important part in the current world food crisis. However, one factor being blamed for the price hikes is the use of government subsidies to promote the use of corn for ethanol production. An estimated 30% of America's corn crop now goes to fuel, not food. 'It takes around 400 pounds of corn to make 25 gallons of ethanol.'"
"Is Corn Ethanol Production to Blame for Food Crisis in America?"


Let the hoarding begin!
TradingMarkets.com Friday 2 MAY 2008
"Food price inflation, at its highest rate in the United States since 1990, presents an easy investment opportunity that almost can't go wrong

Only the weak whine and buckle during inflationary times. Smart consumers see inflation as opportunity, just as sage investors view a turbulent stock market as a time to sell high and buy back low. To the wise consumer, tomorrow's $15 peanut butter is today's $7 investment opportunity, to be stored on a pantry shelf."

"EDITORIAL: Stock up at today's price to use later"

PS
"BURMESE HURRICANE DEATH TOLL HITS 10,000"
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2 Comments:

Blogger Mauigirl said...

This country is so out of whack with the realities of the world. What is wrong with this picture? 400 lbs. of corn = 35 gallons of ethanol? This is absurd that we are using these resources for ethanol while people starve. Great post.

7:12 AM, May 05, 2008  
Blogger Cosa Nostradamus said...

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Thanks, MG. The Big Agribiz juggernaut can't even slow down on this one. With the Myanmar cyclone devastating farmers & crops, the food shortages and price hikes will only get worse. It would be nice to see the Democratic candidates unite on this and legislate a moratorium on food-for-gas. Ethanol production uses more energy than it saves, and increases prices at the pump. It takes crops & farms out of the food biz, where they are needed, and into the fuel biz, where they don't belong. Many farmers have gone under, as a result. Only the Con-Agras and the ADMs of the world benefit. It's time to overthrow these alien overlords, who seem Hell-bent on destroying us, for a profit.
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11:07 AM, May 05, 2008  

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