It's the 'Global' Economy, Stupid.

I

Igor The Terrible

Guest
My...imagine that! The repercussions of the maldistribution of wealth
will soon turn on new avenues and come back to rattle the cages of the
economically oppressive whose reasoning has been all but squashed by
insatiable greed. Potable water is a becoming an endangered commodity
and now food is right behind it. This **** doesn't look good at all.
A word to the wise; address this emerging crisis promptly as it should
be...or resign yourselves to a fate of your own making. It's no
longer a game of money being used as beans to keep score. It is now
becoming a matter of survival and the law of the jungle will rapidly
eclipse the laws of intellectuals for the promotion of an orderly
society. Riots are already breaking out in our hemisphere. (See
Haiti)

http://www.cnn.com/2008/WORLD/americas/04/12/haiti.ap/index.html


Clue: Scrap corn and other crops for a fuel source. It's sending
food prices in an upward spiral and to make the problem worse it will
not be a viable nationwide alternative fuel in the needed timeframe
without government subsidies. Moreover, it has less energy stored in
it than gasoline. It is a waste of valuable time and money. Rather,
leverage the energy problem to your advantage. The source should be
renewable and correct other environmental problems as a consequence.
That leaves hydrogen as the number one candidate followed by solar and
wind with geothermal in their wake. Remember, that the end product of
hydrogen use, whether through the use of combustion or by controlled
manipulation of it in forming bonds with oxygen, is virtually pure
water. Hence, the resulting water from the exhaust can be captured
and held in the vehicle's reservoir until refueling where it is
unloaded at the same fueling station for redistribution. We need to
think in these terms.

About the food shortage. Let's see...we have excessive CO2 floating
around that is killing our oceans and allegedly warming our planet.
Let's see... plants use CO2 and sunlight for photosynthesis which a by
product of the series of reactions by "coincidence" happens to be
oxygen. Hmm....could the answer be growing more crops, trees, and
other plants could be part of the solution? Nah...that would result
in less money for big business, politicians, and Wall Street. It's
better to stay the course...and let the bullets fly where they
may. :D


AP
Focus on World Food Prices, Market Woes
Sunday April 13, 5:32 am ET
By Harry Dunphy, Associated Press Writer
Global Financial Crisis, Food Prices Dominate International Financial
Talks


WASHINGTON (AP) -- Finance ministers and central bankers are focusing
their spring meetings on ways to deal with the unfolding financial
crisis that has roiled economies around the world and led to higher
food and energy prices.

Sessions of the International Monetary Fund and World Bank end Sunday
with a look by the bank's policy-setting committee at the effect on
developing countries, especially poor ones where the bank is trying to
reduce poverty.

"We must respond to the immediate emergency situation," Robert
Zoellick, the bank president, said before the meeting, but in a way
that helps developing countries achieve objectives such as improved
health care and reduced malnutrition and infant mortality.

The officials are also talking about climate change, investment in
Africa and rising food prices.

"In the U.S and Europe over the last year we've been focused on the
prices of gasoline at the pump," Zoellick said. "While many worry
about filling their gas tanks, many others around the world are
struggling to fill their stomachs. And it's getting more and more
difficult every day." The poor already spend up to 75 percent of their
income on food in many developing countries, he said.

Zoellick has said that to deal with the immediate crisis, the
international community must fill a food shortage valued at a minimum
of $500 million by the U.N. World Food Program.

A similar warning was sounded Saturday by the head of the
International Monetary Fund, Dominique Strauss-Kahn. He said there
would be dire consequences if food prices remain high in developing
countries, especially in Africa.

He added that the problem could also create trade imbalances that
would hurt advanced economies, "so it is not only a humanitarian
question."

Governments in Haiti, Egypt and the Philippines are among those
already facing social unrest because of food prices and shortages. If
the price increases continue, Strauss-Kahn said, "Thousands, hundreds
of thousands of people will be starving. Children will be suffering
from malnutrition, with consequences for all their lives."

The development group Oxfam, a frequent IMF critic, said rich
countries are largely responsible for the food crisis because they
have been cutting aid to developing countries and encouraging biofuel
production, which the IMF says is responsible for almost half the
increase in the demand for food crops.

"Rich countries demand for biofuel is driving up food prices and is a
big part of the problem," said Elizabeth Stuart, an Oxfam policy
adviser. "Meanwhile, by cutting aid levels, they are doing precious
little to be part of the solution."

Germany's development minister urged greater regulation of the global
biofuels market to prevent its expansion from driving up food prices.
"It is unacceptable for the export of agrofuels to pose a threat to
the supply situation of the very people already living in poverty,"
Heidemarie Wieczorek-Zeul said in a statement.

Associated Press writer Desmond Butler contributed to this report.
 
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