Monday, 5 May 2008

Irrelevant diversions as the price of food rockets...

The average UK family is facing a £1700-a-year utility and food bill increase over the past 12 months - that on a £20K gross salary. For most of the population, regardless of what the government says, actual experienced inflation is running at 10-15%.

It's inevitable, we are told. Poor harvests. Overpopulation. Global warming. "The era of cheap food is over." "We all have to tighten our belts and pull together - it'll be like the war again. It's the New Austerity."


The elephant in the room is that we have food riots all around the world and looming shortages / starvation because a bunch of brokers are being allowed by supine governments to create a bubble in commodities (ie FOOD) to try and claw back some of the money they lost in the subprime fiasco (after they'd been "allowed" to flog off the backup foodstores we'd set aside to prevent this sort of thing happening).

It's not global warming, it's not overpopulation. Our governments are allowing private individuals to speculate with the global staple food and energy supply. Irresponsible laissez-faire and lack of planning is the crime, that and the fact that the media are not shouting the truth from the rooftops.

But, hey, this is corporate feudalism - it's cool if people die, as long as the brokers keep making their millions. We can always blame it on global warming and overpopulation! The poor saps will never cotton on till it's too late - then they'll be too hungry to do anything about it.

Buy coffee! Buy rice! Buy wheat! The price is gonna rocket once the people start dropping!


Support material:, "Making a Killing from Hunger"

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