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Leaders at UN food summit tone down menu over fears of hypocrisy
Last time the menu at the summit was "world class elite". This time it is pasta, salad and Italian wine, due to the new "food crisis" shaming the elitists at the meeting.

Next time will it be rice and road kill?
Leaders at UN food summit tone down menu over fears of hypocrisy
Last time the menu at the summit was "world class elite". This time it is pasta, salad and Italian wine, due to the new "food crisis" shaming the elitists at the meeting.

Next time will it be rice and road kill?
Only if the Elitists are the road kill.

S2
JohnWho Wrote:Only if the Elitists are the road kill.

S2

Boy, that is the truth! Trying to get a bureaucrat to act "normal" is a study in futility.
John L Wrote:
JohnWho Wrote:Only if the Elitists are the road kill.

S2

Boy, that is the truth! Trying to get a bureaucrat to act "normal" is a study in futility.
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Well...

I know that you hate bureaucrates, John L....

But now we have them there. And this summit has been at least somewhat good since many, among them World Bank chief Robert Zoellick, have critisized the ethanol frenzy in US and Europe, by saying (Robert ZoellickS1 'Subsidizing of ethanol is responsible for 2/3 of the food price hike'.

/track_snake
And the "Ethanol frenzy" is really not either saving gas or energy.

It does make me feel good knowing I'm driving an E85 flex fuel vehicle, though.

Too bad it takes me almost a tank of gas to get to the nearest E85 fuelling station.
Quote:Ban blamed a host of causes for the soaring cost of food, including rising oil prices, the fall of the U.S. dollar and natural disasters.

But he forgot the most important cause of food shortages: corrupt/disfunctional governments. Look at the list of places having the food riots, and they all have rotten goverments that prevent industrious people from being industrious. Yes, those other items have pushed things over the edge, but the reason things were precariously near the edge in the first place is rotten governments.

-S
Stars & Stripes Wrote:
Quote:Ban blamed a host of causes for the soaring cost of food, including rising oil prices, the fall of the U.S. dollar and natural disasters.

But he forgot the most important cause of food shortages: corrupt/disfunctional governments. Look at the list of places having the food riots, and they all have rotten goverments that prevent industrious people from being industrious. Yes, those other items have pushed things over the edge, but the reason things were precariously near the edge in the first place is rotten governments.

-S

You're correct S&S. But more specifically, there is absolutely no Free Enterprise. If you don't have economic freedom, there is no incentive, or capability, to produce enough food. If you try to grow enough food, it is either destroyed or stolen, and you starve.
John L Wrote:You're correct S&S. But more specifically, there is absolutely no Free Enterprise. If you don't have economic freedom, there is no incentive, or capability, to produce enough food. If you try to grow enough food, it is either destroyed or stolen, and you starve.

Case in point. This nation used to be the bread basket of Africa ... so what happened? ... "Free Enterprise" - > "Crony Enterprise" ...

... but then again ... when the going gets tough ... ... pop open a good wine ... and/or whine about somebody else ...

Fearless Leader Wrote:“The United Kingdom has mobilized her friends and allies in Europe, North America, Australia and New Zealand to impose illegal economic sanctions against Zimbabwe,” he said.

Reality Wrote:Although Mugabe pins much of his nation’s plight on the sanctions, the measures are narrowly targeted at him and his allies. Humanitarian aid, with the Europeans the biggest donors, continues to flow, but is channeled through aid groups instead of the government.
JL wrote:
Quote:But more specifically, there is absolutely no Free Enterprise.

Yes, that's what I was getting at when I said industrious people can't be industrious. Agriculture is either directly state controlled, or the government is so intrusive that Free Market agriculture is almost completely smothered.

And Mr. Yak, good reference. Mugabe is the poster boy for governmental interference being an agriculture wrecking ball.

-S
I'm all for the ban on corn based ethanol,but it's ludicrous to claim it creates much of a price increase,we've been doing it for decades now. More likely are the price increases due to feeding our animals corn.

American animals eat better than lots of people on earth. Then,we eat the animals.
Palladin Wrote:I'm all for the ban on corn based ethanol,but it's ludicrous to claim it creates much of a price increase,we've been doing it for decades now. More likely are the price increases due to feeding our animals corn.

American animals eat better than lots of people on earth. Then,we eat the animals.
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Yes. But really, the ethanol frenzy in the US coincided with the increased demand for meat in China and India putting a double strain on corn prices. And market players speculated in price increases, and up went the price.

Corn-based ethanol as a fuel should be banned because of the low energy efficiency (or rather negative) and that it actually increases GHG emissions.

/track_snake
Track,

Do a search,we've been subsidizing ethanol for years and years now,this is not new here. It started as a farm policy,it wasn't even driven originally by fuel concerns,it was a way to buy votes in the nid west part of America.

High fuel costs,plus Asian wealth translating into eating cattle and hogs like Americans do is what's driving prices 90% anyway.
Palladin Wrote:Track,

Do a search,we've been subsidizing ethanol for years and years now,this is not new here. It started as a farm policy,it wasn't even driven originally by fuel concerns,it was a way to buy votes in the nid west part of America.

High fuel costs,plus Asian wealth translating into eating cattle and hogs like Americans do is what's driving prices 90% anyway.
Biofuel and changing food consumption in Asia are only minor reasons for the food price hikes, if at all. Until recently, the rising prices for milk and potatoe products had been justified by a billion or so Chinese who all of a sudden started to eat yoghurt, and switched from rice to the lump. So, how comes that rice is still appreciating, but milk and potatoes are dropping?
Other minor reasons are (still) global warming and population growth.

The real 90% reason for the rising food prices is a great switch of speculative capital into commodities, and stocks of companies that produce food.
quadrat Wrote:The real 90% reason for the rising food prices is a great switch of speculative capital into commodities, and stocks of companies that produce food.

Curious Q ... would you buy stock in a company run by Bob Mugabe? :lol: