Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Geoff Altman who wrote (254325)	6/13/2008 6:17:58 PM
From: Ish	Read Replies (2) \| Respond to of 793708

<<Just one look at the damage that we've done with corn, tightening the supply by turning it into fuel.>> It wasn't just the fuel, we've been doing that since '74. It was increased demand in all areas. 2 years ago we had a 2 billion ton surplus. Corn was at $2 a bushel and now has passed $7.55 on the futures. And grab your hat, corn production will be way down this year due to weather.

To: Geoff Altman who wrote (254325)	6/13/2008 6:31:26 PM
From: skinowski	Read Replies (1) \| Respond to of 793708

why, in a time of a shortage, are we still paying huge farm subsidies. I think this explains in part Obama's appeal. Many people are frustrated by the... Eh, what the heck, let's use a cliche - by politics as usual. Over time the nation accumulated a lot of baggage - too complex tax codes, mountains of suffocating regulation, society is too legalistic, medicine too defensive... and there seems to be no way to reform all those things and many others. So, the impulse is to project personal and collective hopes on a vague smart guy like Obama - and take the gamble and hope for the best. If he becomes President, this frustration and (another cliche) alienation will be the big reasons. Regrettably, electing an ignorant narcissistic guy with populist, collectivist inclinations will not solve any of our problems. Most likely it will be.... more of the same but worse.