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Joined: 28 Dec 2005 Posts: 12651
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Posted: Thu Feb 03, 2011 12:28 am Post subject: Food and Riots |
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U.S. Export Growth To Continue into 2011, Reports The Journal of Commerce
Jan. 4, 2011
"Fueled by a growing Asian middle class, overseas crop issues and a weak U.S. dollar, demand for U.S. goods from agriculture to manufactured products is accelerating. Congressional approval of a recently negotiated U.S.-South Korea free trade agreement stands to push those exports upward dramatically... the Administration's goal of doubled exports by 2015 is looking more and more possible."
America and the Middle East Food Riots
January 31, 2011
"Today there is a global food shortage and skyrocketing prices. This has become the underlying factor in the riots in Tunisia, Algeria, and Egypt, where up to 56% of a person's income is dedicated to the acquisition of food.
In 2010, the United States produced 13.1 billion bushels of corn. Of that amount, 4.2 billion bushels went into ethanol (33% of total production).
Commodities are priced in dollars; consequently, emerging markets throughout the world, and the food sector in particular, are suffering from rapidly rising inflation.
The CRB food index is up an incredible 36% over last year. Raw materials are up 23%.
There is no quicker way to foment riots and revolution than to deprive the populace of food, particularly when so much daily income goes into feeding oneself and one's family."
"The American decision to, in essence, burn food in its cars, a policy championed by the environmentalists since the 1990s...over 14% of all corn grown in the world being used in the most inefficient manner possible -- being put into American gas tanks." |
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