SI
SI
discoversearch

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 : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Ish who wrote (97164)12/19/2010 8:34:31 AM
From: chartseer6 Recommendations  Read Replies (1) | Respond to of 224755
 
Remember when bush was president and gasoline went above $3.00 a gallon how Bush was to blame to help out his and Cheney's oil buddies.
Now gasoline is above $3.00 a gallon and not a peep about the ban on American oil drilling being extended seven more years, Meanwhile billions to Brazil to help develope their deep sea oil drilling which is going to benefit Soros and China. All Brazilian oil will be sold to China and our oil will cost even more than what it costs now.
Meanwhile Gitmo is still open and the two wars go on and on.
The American casualty rate in Afghanistan increases. Where is code pink or Cindy Sheehan? Does Sheehan camp out opposite Brilliant Barry vacation head quarters?

comrade chartseer



To: Ish who wrote (97164)12/19/2010 12:51:14 PM
From: d[-_-]b  Read Replies (1) | Respond to of 224755
 
Ethanol has very little to do with food prices.

Tell that to the New York Times:

nytimes.com

Soaring food prices, driven in part by demand for ethanol made from corn, have helped slash the amount of food aid the government buys to its lowest level in a decade, possibly resulting in more hungry people around the world this year.

The United States, the world’s dominant donor, has purchased less than half the amount of food aid this year that it did in 2000, according to new data from the Department of Agriculture.

“The people who are starving and have to rely on food aid, they will suffer,” Jean Ziegler, who reports to the United Nations on hunger and food issues, said in an interview this week.

Corn prices have fallen in recent months, but are still far higher than they were a year ago. Demand for ethanol has also indirectly driven the rising price of soybeans, as land that had been planted with soybeans shifted to corn. And wheat prices have skyrocketed, in large part because drought hurt production in Australia, a major producer, economists say.

The higher food prices have not only reduced the amount of American food aid for the hungry, but are also making it harder for the poorest people to buy food for themselves, economists and advocates for the hungry say.

“We fear the steady rise of food prices will hit those on the front lines of hunger the hardest,” said Josette Sheeran, executive director of the United Nations World Food Program. The United States is the biggest contributor to the agency.

She warned that food aid spending would have to rise just to keep feeding the same number of people. But the appropriations bill for the coming year now moving through Congress does not promise any significant increases in the food aid budget.

The impact of rising food prices on food aid is part of a broader debate about the long-term impact on the world’s poorest people of using food crops to make ethanol and other biofuels, a strategy that rich countries like the United States hope will eventually reduce dependence on Middle Eastern oil.



To: Ish who wrote (97164)12/19/2010 1:10:01 PM
From: Ann Corrigan1 Recommendation  Read Replies (1) | Respond to of 224755
 
My understanding is that farmers stopped growing many of their usual crops in order to take advantage of the ethanol market advantage, and the result is higher food costs for the 3rd world. No?? Is Al Gore participating in another scam by his statement that ethanol has had more negative fallout than positive?